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Nairaland Forum / Nairaland / General / Business / N100 Billion Depositors' Funds Trapped In "wonder Banks" (826 Views)
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N100 Billion Depositors' Funds Trapped In "wonder Banks" by Yoighaman(m): 12:13pm On Dec 17, 2009 |
Money doesn't have legs and wings but it's quite unfortunate that they don't have mouths too. Where are these funds? Is a Racketeer doing business with them and making profits into his own pocket? Will they ever be returned to the depositors? Do these funds constitute a sizeable portion of “bad loans” on the books of banks? Could the current financial crisis be partly linked to these ‘Wonder Banks’? Why have the depositors kept mute all the while? What was the fate of the owners of these Wonder banks and where are they at the moment? I’m I the only one begging for answers to these questions? I’m just wondering------ |
Re: N100 Billion Depositors' Funds Trapped In "wonder Banks" by Nobody: 12:53pm On Dec 17, 2009 |
To all the depositors, that's the prize u get for greed. How can u go into a business that promises 100% gain or money doubling schemes without sitting down to calculate the risks, |
Re: N100 Billion Depositors' Funds Trapped In "wonder Banks" by adebayo111: 4:09am On Jul 12, 2014 |
Nigeria is a country without a government, the money is somewhere in the coffers of the government[SEC/NDIC]. |
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