Sanusi and saraki conspired to oust akingbola of intercontinental bank.

Thank God you did not get the job Mummy ....


Great would have been your looting!!!

She should have held her peace .

You ran a bank down and you don't seem to show any sign of remorse ??

LagosismyHome:

Hummm that "world people" for you, you only hear from them when they need a favour or can use you

Sorry, but the kind of people around you often reflect/indicate the sort of person YOU yourself are...

Was your money missing in the bank? The question is - Did you or did you not steal money belonging to Oceanic Bank?!

If it were a saner society you would be in jail for a very long time [/quote]

Abeyjide:
Sanusi and saraki conspired to oust akingbola of intercontinental bank.

Thank the Lord then...
They did something RIGHT!

midolian:
I hope Cecilia ibru is Yoruba or Hausa oo.. cos I fear if she's Igbo, my Igbo brothers will soon begin to hate sanusi and start supporting Ganduje

She is from delta state......an urhobo by tribe....?

This one don collect money from Ganduje

"The economic guru who disclosed that she got married before 20 and also had her son in January before her 20th birthday.. "

I am still wondering how relevant this statement is in the report

One of the reason I hate saint sanusi, he dealth with this woman badly.
He deserve anything bad thing coming his way now.
He must go down as he had pulled people down in the past.

Karma is indeed a bitch!

Titogbanski:
Oceanic bank never owed anybody until Sanusi started his persecution. It was a case of bringing down Oceanic bank and handing it over to Ecobank and orhers for pea nuts.

Cecilia is no where as rich as Elumelu, Ovia, Sanusi and others .....who control many other companies like transcorp and make money left right and centre.

Why would Sanusi want to Oceanic Bank over to Ecobank (that is not even a Nigerian bank, though it was started by mainly Nigerians)?
Meanwhile, many of the billions in bad (and insider) loans advanced by Oceanic Bank is still sitting on the books of AMCON - paid for by US!

Btw, so what if the likes of Elumelu and Ovia (and you can add Aig-Imoukhuede or Fola Adeola) are very rich or even richer than Madam Ibru? Are the founders/builders of successful multinational banks not supposed to get rich off their risk-taking? Meanwhile, Cecilia Ibru remains rich despite having to forfeit scores of property and assets in Nigeria, the US and Dubai (as well as equity interests in over 100 companies).

Who be this one again,why are you just coming out to say this trash now?

Suelove:
"The economic guru who disclosed that she got married before 20 and also had her son in January before her 20th birthday.. "

I am still wondering how relevant this statement is in the report

I am wondering when she became an "economic guru" with her BS in Sociology...
Yes, people can learn new stuff, but reality is that her biggest asset was being married to the founder of the bank!
>

Benekruku:
And she prosecuted defunct Oceanic bank staffs and customers!


What goes around, comes around.

where did she prosecute organic bank staff and customers ? was there any day they weren't paid , was there any customer who lost his deposit ? stop saying what you don't know ?

Suelove:
"The economic guru who disclosed that she got married before 20 and also had her son in January before her 20th birthday.. "

I am still wondering how relevant this statement is in the report

she is trying to get the judge emotional

Divine200:
One of the reason I hate saint sanusi, he dealth with this woman badly.
He deserve anything bad thing coming his way now.
He must go down as he had pulled people down in the past.

Karma is indeed a bitch!

Why do many Nigerians align against their own economic interest?

This is a woman that made billions of loans to her family and to several companies controlled by her family, even extended hundreds of millions of Naira in loans to her Oyinbo son-in-law, had Oceanic Bank finance the building of the Waves Building on Ozumba Mbadiwe Road owned by a family company, extended a N16 billion Naira loan without collateral to another family-owned business, had the bank pay over $1 million in rent to rent the family house on Queens Drive Ikoyi as official residence of the CEO (herself), and essentially allowed ex-Con ex-Gov James Ibori to use the bank to purchase and hide assets, and frankly to effectively launder stolen state funds. And the list goes on.

Even if one is to naively and blindly consider all of the foregoing misdeeds as just bad business judgment, since Oceanic Bank was a publicly-listed company on the NSE, at the very least the rules (as well as just basic corporate governance rules) require FULL DISCLOSURE! SMH
>

If you don't catch thief on time, thief will catch you

Titogbanski:
Oceanic bank never owed anybody until Sanusi started his persecution. It was a case of bringing down Oceanic bank and handing it over to Ecobank and orhers for pea nuts.

Cecilia is no where as rich as Elumelu, Ovia, Sanusi and others .....who control many other companies like transcorp and make money left right and centre.

Banks is not like regular compaines that get killed by debt, they die by giving too much loan and mismanaged.

chinambusay:
One day, a man came to visit me at home and when he was going, there were no security personnel or driver. So, he asked what happened to them and I said the bank had withdrawn all of them on the order of Sanusi. They withdrew everything. He said that wasn’t good. The man asked me what it would cost me to put in place some security measures and I said about N1m. He said I was a popular personality and I couldn’t go around without some form of protection. He paid that N1m every month until I went to London. And when I got there, I informed him I had travelled. I can’t forget that kind of a person, and guess what, he is a Muslim.

Look at the culture of entitlement most rich Nigerians have...
In a country where many communities lack police presence, some people think of 24/7 police security as a personal privilege.

Aunty Cecilia, you got off rather lightly (6 months in a hospital)...
And I agree that many others should also have been fully prosecuted and jailed, but please count your blessings and MOVE ON!
>

9jaRealist:


Why do many Nigerians align against their own economic interest?

This is a woman that made billions of loans to her family and to several companies controlled by her family, even extended hundreds of millions of Naira in loans to her Oyinbo on-in-law, had Oceanic Bank finance the building of the Waves Building on Ozumba Mbadiwe Road owned by a family company, extended a N16 billion Naira loan without collateral to another family-owned business, had the bank pay over $1 million in rent to rent the family house on Queens Drive Ikoyi as official residence of the CEO (herself), and essentially allowed ex-Con ex-Gov James Ibori to use the bank to purchase and hide assets, and frankly to effectively launder stolen state funds. And the list goes on.

Even if one is to naively and blindly consider all of the foregoing misdeeds as just bad business judgment, since Oceanic Bank was a publicly-listed company on the NSE, at the very list the rules (as well as just basic corporate governance rules) require FULL DISCLOSURE! SMH
>

Don't mind the dumb sentimental buffoon!
Always thinking emotionally instead of rationally.
Reason why they where able to re-elect Ikpeazu simply he is from their beloved PDP!
*spits*

dominique:
And he made you run your bank to the ground too.

Nothing like running bank to the ground...the entire episode was politically motivated.

If those banks were really run aground why didn't Sanusi remove the CEOs and ask the shareholders to inject funds instead of outrightly selling huge Banks for pittance?

Sanusi could have told them to put their houses in order. The whole thing stinks abeg

9jaRealist:


Why would Sanusi want to Oceanic Bank over to Ecobank (that is not even a Nigerian bank, though it was started mainly by Nigerians)?
Meanwhile, many of the billions in bad (and insider) loans advanced by Oceanic Bank is still sitting on the books of AMCON - paid for by US!

Btw, so what if the likes of Elumelu and Ovia (and you can add Aig-Imoukhuede or Fola Adeola) are very rich or even richer than Madam Ibru? Are the founders/builders of successful multinational banks not supposed to get rich off their risk-taking? Meanwhile, Cecilia Ibru remains rich despite having to forfeit scores of property and assets in Nigeria, the US and Dubai (as well as equity interests in over 100 companies).

If I become president, all those money given out as bailout will be recovered

Chukazu:
Nothing like running bank to the ground...the entire episode was politically motivated.

If those banks were really run aground why didn't Sanusi remove the CEOs and ask the shareholders to inject funds instead of outrightly selling huge Banks for pittance?

You think the CBN just took the banks and sold them?! SMH

These banks were so indebted that their shareholder funds had effectively been ENTIRELY WIPED OUT! The banks had to be re-capitalized by (1) the CBN injecting billions into them (and effectively becoming their shareholders), (2) the NDIC paying billions to their depositors, and (3) AMCON buying trillions of their bad loans. The banks were NOT sold for a "pittance" but selling them enabled CBN to recoup some public funds.

9jaRealist:


Why do many Nigerians align against their own economic interest?

This is a woman that made billions of loans to her family and to several companies controlled by her family, even extended hundreds of millions of Naira in loans to her Oyinbo on-in-law, had Oceanic Bank finance the building of the Waves Building on Ozumba Mbadiwe Road owned by a family company, extended a N16 billion Naira loan without collateral to another family-owned business, had the bank pay over $1 million in rent to rent the family house on Queens Drive Ikoyi as official residence of the CEO (herself), and essentially allowed ex-Con ex-Gov James Ibori to use the bank to purchase and hide assets, and frankly to effectively launder stolen state funds. And the list goes on.

Even if one is to naively and blindly consider all of the foregoing misdeeds as just bad business judgment, since Oceanic Bank was a publicly-listed company on the NSE, at the very least the rules (as well as just basic corporate governance rules) require FULL DISCLOSURE! SMH
>

And the biitch bought 11 houses in Maryland USA

Noted...oya next person, what did Sanusi did to u?

WinningSun:

And the biitch bought 11 houses in Maryland USA

I wouldn't call anyone a b*tch...
But she owned over 100 properties in Nigeria, the US and Dubai - and those are the ones that the EFCC were able to trace.

One by one, dey don de talk.

Power belongs to God

ednut1:
Sanusi could have told them to put their houses in order. The whole thing stinks abeg

Where is the moral hazard in that?!

We should please stop this BS in Nigeria where rich/connected law-breakers (even criminals) are essentially patted on the behind, provided a soft landing and merely asked to sin no more. This is why there is corruption and impunity reigns unabated in this country.

Benekruku:
And she prosecuted defunct Oceanic bank staffs and customers!


What goes around, comes around.

Trust me sir, Cecilia is one of the nicest persons you could meet. She's kind.

9jaRealist:


Where is the moral hazard in that?!

We should please stop this BS in Nigeria where rich/connected law-breakers (even criminals) are essentially patted on the behind, provided a soft landing and merely asked to sin no more. This is why there is corruption and impunity reigns unabated in this country.

as fbn boss he signed an 100b loan to a padi without due process the result today is shown below.go to cms and see 2 rigs there lying fallow. How do i know- i worked for the owners son at a time lol. Even him no be saint

9jaRealist:


I wouldn't call anyone a b*tch...
But she owned over 100 properties in Nigeria, the US and Dubai - and those are the ones that the EFCC were able to trace.

Me likey you...#goodvibes