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Nairaland Forum / Nairaland / General / Business / N8Bn Is Chicken Change To GTBank, Assets In Trillions - Yinka Ogunnubi (Photos) (32657 Views)
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Re: N8Bn Is Chicken Change To GTBank, Assets In Trillions - Yinka Ogunnubi (Photos) by Meliaen(f): 3:19pm On Mar 30, 2019 |
stephleena: So how much of this N8b does your father own? |
Re: N8Bn Is Chicken Change To GTBank, Assets In Trillions - Yinka Ogunnubi (Photos) by stephleena(f): 3:20pm On Mar 30, 2019 |
millhouse:Exactly! 7 Likes |
Re: N8Bn Is Chicken Change To GTBank, Assets In Trillions - Yinka Ogunnubi (Photos) by collinsVP: 3:20pm On Mar 30, 2019 |
zomoears: You seem more knowledgeable in Banking more than GTBANK'S management who defended a case against them. If not for anything, but, to sustain customers' confidence. Two, every kobo matters in banking . No matter how insignificant such an amount affects capital. Three, depositors fund with GTBANK is a liability. Asset has an element of liability in it. I think you should be telling your fans GTBANK's networth( asset - liability). Finally, God forbid. If shareholders start panicking and rush to sell their shares and depositors start withdrawing out of fear, it will result to clash in share price and bank run respectively. All the above and more were the reasons why Gtbank's management fought to see if they could win. Not ability on non ability to pay. In advanced climes, Gtbank may not live to tell the story. 4 Likes |
Re: N8Bn Is Chicken Change To GTBank, Assets In Trillions - Yinka Ogunnubi (Photos) by Benosky011(m): 3:21pm On Mar 30, 2019 |
Ejimagifty:Forget about what people are saying. I believe you have taken time to read the news on Premium times news and the press statement by the bank. What innoson obtained was a fi fa. This permits a creditor to lay hold of the debtors assets/collateral until he either pays down or have agreed to pay his debts. Besides, innoson has no license to either operate as a banker or appoint directors. |
Re: N8Bn Is Chicken Change To GTBank, Assets In Trillions - Yinka Ogunnubi (Photos) by stephleena(f): 3:22pm On Mar 30, 2019 |
U ain't worth, my reply..yup I'm that selective. 1 Like |
Re: N8Bn Is Chicken Change To GTBank, Assets In Trillions - Yinka Ogunnubi (Photos) by largeman4u(m): 3:23pm On Mar 30, 2019 |
Why would the court rule in favour of innoson. Despite all the clear evidence of fraudulent practises. SMH for this country |
Re: N8Bn Is Chicken Change To GTBank, Assets In Trillions - Yinka Ogunnubi (Photos) by chocolatelady(f): 3:24pm On Mar 30, 2019 |
I laugh at those saying thay 8billion is a chicken change to GTB. I wonder why they are running from one court to another if the money is too small for them to pay based on their asset base. Let me make it clear, the 8billion naira is too much for any bank in this country to pay out to just one customer including FIrst bank and GTB. How will they explain to their shareholders that they will pay a certain customer the sum of 8billion becos of out of their own negligence? If this money is too small for them , they would have paid it since and save themselves from all these drama. Mtcheewww 1 Like |
Re: N8Bn Is Chicken Change To GTBank, Assets In Trillions - Yinka Ogunnubi (Photos) by enolife2(m): 3:27pm On Mar 30, 2019 |
kinibigdeal: You are wrong Take out sentiment and tribalism, let face the cause of this Remember it was GTBank using EFCC to intimidate INNOCENT so that he can give up on fighting for his right. do you know how much GTBank illegally deducting from it Nigeria customers account every day and those customers don't have financial ability to fight back? they try to do the same thing to INNOCENT without knowing that INNOCENT is a business man who will do go extra length to recover back every N1 stolen from his account. I have have already mark GTBank a criminal organization and will never do any business with that criminal bank 8 Likes |
Re: N8Bn Is Chicken Change To GTBank, Assets In Trillions - Yinka Ogunnubi (Photos) by ghost3040: 3:27pm On Mar 30, 2019 |
BluntBoy:Shut up!!! GTB is a quoted public company with loads of shareholders.. 8 Likes |
Re: N8Bn Is Chicken Change To GTBank, Assets In Trillions - Yinka Ogunnubi (Photos) by Kennydoc(m): 3:28pm On Mar 30, 2019 |
mancanoe: You copied someone's post and even copied the 'Quote', 'Report' etc along. Chai! 6 Likes |
Re: N8Bn Is Chicken Change To GTBank, Assets In Trillions - Yinka Ogunnubi (Photos) by BluntBoy(m): 3:28pm On Mar 30, 2019 |
BrownRoofRep: You are ignorant. The aggrieved can file for a Review Petition. |
Re: N8Bn Is Chicken Change To GTBank, Assets In Trillions - Yinka Ogunnubi (Photos) by Bucky001(m): 3:28pm On Mar 30, 2019 |
mancanoe:Your erroneous copy and paste sense is so terrific 1 Like |
Re: N8Bn Is Chicken Change To GTBank, Assets In Trillions - Yinka Ogunnubi (Photos) by NEIGHBOUR(m): 3:28pm On Mar 30, 2019 |
On the longrun, Innoson will be the looser as sympathetic govt can frustrate his business ask Orji Kalu . Other banks can start avoiding doing any business with him. He depends on forex to bring in CDK. He is setting himself up against the customs. He needs diplomacy to handle this issue. |
Re: N8Bn Is Chicken Change To GTBank, Assets In Trillions - Yinka Ogunnubi (Photos) by BluntBoy(m): 3:31pm On Mar 30, 2019 |
ghost3040: Calm down, and read my post once again without crying. I was merely trying to point out the stupidity of looking at everything from a tribalistic perspective. The person I quoted saw the fight between GTB and Innoson as a fight between Yorubas and Igbos. |
Re: N8Bn Is Chicken Change To GTBank, Assets In Trillions - Yinka Ogunnubi (Photos) by valx2: 3:36pm On Mar 30, 2019 |
So innoson was actually innocent afterall. Shame on EFCC ,shame on gtbank and shame on all afonjas for trying to run this man down with propaganda. Thank God the truth is finally being revealed. They can only try to pull us down but we keep on flying. Igbo Amaka joor ! 10 Likes 1 Share |
Re: N8Bn Is Chicken Change To GTBank, Assets In Trillions - Yinka Ogunnubi (Photos) by Nobody: 3:38pm On Mar 30, 2019 |
stephleena:Funny enough, the man who gave the lead judgement is a Yoruba man. Just imagine if he was operating at the level of IPOB/afonja of people like you. I'm sure you can imagine how the case would have turned out 1 Like |
Re: N8Bn Is Chicken Change To GTBank, Assets In Trillions - Yinka Ogunnubi (Photos) by wakes: 3:39pm On Mar 30, 2019 |
I tire o |
Re: N8Bn Is Chicken Change To GTBank, Assets In Trillions - Yinka Ogunnubi (Photos) by einsteine(m): 3:39pm On Mar 30, 2019 |
MadamExcellency: 8 Billion won't get you a director's position in GTBank. GTB currently has 29.43 Billion shares and each share is worth 36 Naira. That is, a total market capitalization of over 1 trillion and 59 billion. So even if Innoson were to convert 8 billion to shares, he would hold less than 0.7% of the shares which is not enough to get nominated as a director. |
Re: N8Bn Is Chicken Change To GTBank, Assets In Trillions - Yinka Ogunnubi (Photos) by enolife2(m): 3:39pm On Mar 30, 2019 |
NEIGHBOUR:So you are telling us that INNOCENT suppose to keep mute while GTBank keep stealing his money so that he can continue to be a borrower to banks and a fool in the hand of custom. Bro, People will start to respect and fear you the day you stand up and fight for your right 13 Likes 3 Shares |
Re: N8Bn Is Chicken Change To GTBank, Assets In Trillions - Yinka Ogunnubi (Photos) by einsteine(m): 3:39pm On Mar 30, 2019 |
valx2: Oga relax. The EFCC case is a different case. |
Re: N8Bn Is Chicken Change To GTBank, Assets In Trillions - Yinka Ogunnubi (Photos) by einsteine(m): 3:41pm On Mar 30, 2019 |
A lot of financial illiteracy here, especially from some Igbos. If these people weren't bent on living vicariously through the deeds of a 'kinsman' who doesn't know them, they would have the presence of mind to understand issues like this. For those asking why did GTB go to court, no serious organization accepts this kind of claim without asking for a legal interpretation. If they don't go to court and they pay the money, it means another customer can make similar claims and if they go to court, the fact that they accepted Innoson's claim without fighting it legally would be used against them. Simply put, you don't want to set wrong precedents. |
Re: N8Bn Is Chicken Change To GTBank, Assets In Trillions - Yinka Ogunnubi (Photos) by shugabasbn: 3:42pm On Mar 30, 2019 |
I don't like people that see tribals in every issues. Why turning their private business into tribal, did GTBank employed only Yoruba or your gain in Innoson business that has any impact in your life? Until we all raised above 'ethnicoreligion' bigotry I don't see us moving forward. |
Re: N8Bn Is Chicken Change To GTBank, Assets In Trillions - Yinka Ogunnubi (Photos) by sweerychick(f): 3:43pm On Mar 30, 2019 |
stainlessnature:so how is it false since the supreme Court has passed a judgement in favor of Innoson? |
Re: N8Bn Is Chicken Change To GTBank, Assets In Trillions - Yinka Ogunnubi (Photos) by ghost3040: 3:48pm On Mar 30, 2019 |
BluntBoy:Now read this post again and tell me u were not amazed u could be this sensible.. |
Re: N8Bn Is Chicken Change To GTBank, Assets In Trillions - Yinka Ogunnubi (Photos) by BluntBoy(m): 3:50pm On Mar 30, 2019 |
ghost3040: What gibberish are you really on about, son? |
Re: N8Bn Is Chicken Change To GTBank, Assets In Trillions - Yinka Ogunnubi (Photos) by enolife2(m): 3:54pm On Mar 30, 2019 |
einsteine:If you bank with GTBank, go to the bank on Monday with your auditor to audit your account and you will find out that at least N500 might have been deducted illegally by GTBank in 2018. After you have find out you then understand if this fight is between GTBank and it customers or is tribal war. Remember GTBank don't care about who your are, which tribe you come from and how much you have before deducting your money illegally 8 Likes |
Re: N8Bn Is Chicken Change To GTBank, Assets In Trillions - Yinka Ogunnubi (Photos) by enolife2(m): 3:58pm On Mar 30, 2019 |
shugabasbn:If you bank with GTBank, go to the bank on Monday with your auditor to audit your account and you will find out that at least N500 might have been deducted illegally by GTBank in 2018. After you have find out you then understand if this fight is between GTBank and it customers or is tribal war. Remember GTBank don't care about who your are, which tribe you come from and how much you have before deducting your money illegally 7 Likes 1 Share |
Re: N8Bn Is Chicken Change To GTBank, Assets In Trillions - Yinka Ogunnubi (Photos) by crispyJ: 3:58pm On Mar 30, 2019 |
Chipink:As in eh no be small criminal bank, nah so them they cut cut my money the thing dey even vex my bros but I no they get that kind time go bank. 5 Likes |
Re: N8Bn Is Chicken Change To GTBank, Assets In Trillions - Yinka Ogunnubi (Photos) by lastempero: 3:59pm On Mar 30, 2019 |
deomelo: Stop masturbating when you hear about them. 6 Likes |
Re: N8Bn Is Chicken Change To GTBank, Assets In Trillions - Yinka Ogunnubi (Photos) by asobo: 4:01pm On Mar 30, 2019 |
Ejimagifty:Stop being naive, you lack common knowledge of economics. If all GT bank customers decide to withdraw their money from their bank account, I hope you can still write the trash you wrote up there. Comparing bet Naija and banking sector goes to show how learned you are. 5 Likes |
Re: N8Bn Is Chicken Change To GTBank, Assets In Trillions - Yinka Ogunnubi (Photos) by henryobinna(m): 4:02pm On Mar 30, 2019 |
NEIGHBOUR:it's a crazy blackmail tactics you're trying to apply here. Did you read from the beginning that the money is his? The money grew overtime acruing more and more in interest yet you said they'll avoid to do business with him.. that's bullshit. If you don't know, most banks would want to do business with someone who's willing to take alone that'll attract 22% interest per anum.. that's so much, they've made so much money from the guy if you don't know... I don't know why you guys are pained so much... This is a victory for all Nigerians as GTB or other banks would never want to try this with you or I if and when we find ourselves in such situation... 7 Likes |
Re: N8Bn Is Chicken Change To GTBank, Assets In Trillions - Yinka Ogunnubi (Photos) by Purej: 4:02pm On Mar 30, 2019 |
N8.8b chicken change, there is no way paying such huge sum will not affect the banks profitability position. They will devise a means of taking this from customer in form of hidden charges. No be bank. They should go n meet UBA and ask how to take hlidden charges 1 Like |
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