Former Chief Executive Officer of Oceanic Bank plc, Mrs. Cecilia Ibru, is in the custody of the Economic and Financial Crimes Commission
(EFCC). She surrendered to officials of the commission at 2.45 PM Nigerian time today.
It was previously speculated that Mrs. Ibru had fled the country like her counterpart, Erastus Akingbola of InterContinental bank. She was
declared wanted by the agency, but while she was underground, she began a lawsuit that legal sources said gave her enough confidence to
meet with EFCC officials.
Officials of the anti-corruption agency, which has lost tremendous credibility locally and internationally in recent times, confirmed to Saharareporters that Mrs. Ibru is currently undergoing interrogation at the Ikoyi office of the commission.
Comments (87)
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WRONG
said:
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... THE PLANS ARE COMING OUT, SUNNEWSPAPER OF 2/09/09 THE NEW CBN GOVERNOR IS NOW TALKING ABOUT ISLAMIC BANK THEN WE SHALL HAVE CHRISTAIN BANK, PETICOSTAL BANK, OGBONI BANK OCCULTIC BANK ETC HA HA |
osaro gab
said:
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... The truth of the matter is that the sacked bank chiefs are not guilty until proven by a law court.Am still in pains over the loss we made in Societe General bank,we all know that the Saraki's use people' money entrusted in the bank for politics and today he is a free man.The EFCC SHOULD STARTS WITH THE OLOYES' OF KWARA POLITICS,"SARAKI". |
Bongo emmanuel
said:
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... Faridi And Sanusi Would Have Gotten More Public Relation Point By Exhuming The Societe Generale Bank Scandal Involvings The Saraki,s As Millions Of Nigerian Who Had Their Monies Trapped A Yeaning For Justice, The Sultans And Hausa Fulani Cabals Are Now Freighened To The Fast Pace Of Awareness Of Nigerians |
waffi
said:
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... Compare the deafening silence and footdragging stance on the matter of the monumental halliburton fraud case that involves amongst others,3 former heads of state(sacred cows/untouchables to the overzealouness that characterises this banking sector vindictive 'witch hunting' frenzy by sanusi and his side kick waziri- that newly appointed debt collector- and then tell me there is no agenda!!! |
umar sanni
said:
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... THE NEW EFFORT BY CBN TO SANITISE THE BANKING SECTOR IS THE RIGHT STEP IN THE RIGHT DIRECTION.GOVERNMENT SHOULD ENSURE THAT LOANS ARE MADE AVAILABLE TO GENUINE ENTERPRENEURS SO AS TO FACILITATE THE CREATION OF WEALTH AND REDUCE UNEMPLOYMENT RATHER THAN GRANTING LOANS TO THIEVES WHO MASQUERADE THEMSELVES AS SAINTS. |
ray4life
said:
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... Yes the banking sectors stinks with corruption, nepotism, etc. Have CBN gone about this issue the appropriate and legal approach? Also is this not a distractional strategy for the real issue?. Madam Waziri of EFCC what is happening to the investigation of corrupt politicians and corrupt governors in the country? SWEPT UNDER THE CARPET I GUESS HMMMMMMMMMMMMMMMMMM.    The bankers EASY TARGET? HMMMN !!!!!!!! ABEG START WITH THE POLITICIANS FIRST , THEN NIGERIANS WILL KNOW U MEAN BUSINESS |
olu Nubia
said:
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... The Issue is what is CBN reaction to Vanguard article published in march 23,2009? The CBN Govs script had already been predicted to the Letter!What a gullible country! No wonder Abacha took us for a ride and the same script is been played again. It is obvious that we r functional illiterates as no one has made an Educated comment!Ask cbn to release ALL Bank positions at Discount Window in the past year for starters. Akingbola & Ibru are human but will be celebrated in other climes for the envious heights to which they built their Banks in past decade in other to inspire younger ones.What is Sanusis record? May the good Lord save us from spiteful judgement! |
James A
said:
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... Who are they deceiving with all these drama? precedencies have been set years ago when EFCC accept plea bargaining instead of prosecutions and jailing corrupt people, they cannot bite the fingers that feed them,Ibori wrecked Oceanic bank for his master Yaradua, so tell me how Cecilia will not come out as a free woman. I am ashamed of Nigeria full of shameless and potently corrupt idiots, God will surely punish you all. |
Wrong
said:
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... Hello My Firend khalil,lets put matters rights Sanusi left First abnk with bad non -performing no of 26Billion Occeanic bank is 40Billion, union bank is 42billion , what happens to 1st Bank? Ndi , I don't link her either but then she was appointed as a director in transcorp, where laon was taken bny transcorp to buy Nitel and there was a sabourtage, later Nitel was recalled by Government , have the refunded the money borrowed from banks to buy Nitel? for Soludo, lets wait and see after 5 years what happens, but just now my friend in Union Bank had just told me that there is a northern plan to take over UNION bank , plz khalil is it true ? |
Wrong
said:
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... Hello My Firend khalil,lets put matters rights Sanusi left First abnk with bad non -performing no of 26Billion Occeanic bank is 40Billion, union bank is 42billion , what happens to 1st Bank? Ndi , I don't link her either but then she was appointed as a director in transcorp, where laon was taken bny transcorp to buy Nitel and there was a sabourtage, later Nitel was recalled by Government , have the refunded the money borrowed from banks to buy Nitel? for Soludo, lets wait and see after 5 years what happens, but just now my friend in Union Bank had just told me that there is a northern plan to take over UNION bank , plz khalil is it true ? |
Idongesit Ubonabasi
said:
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... I sincerely believe that with my level of eduaction and exposion as a Nigerian, issue(s)of national importance cannot and should not be personalised. My earlier opinion above is personal and intended to reflect deep thinking for the benefit of the Nigerian economy and its well wishers in the diaspora, thank you. |
Obama
said:
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... I agree completely with Bethram Taylor's comment.Nigerians cant you read in-betweeen the lines,if we continue to talk and pass comments for or against from now till eternity i bet it nothing will happen until we stand up and fight with our voice,our resilience and with our togetherness. Instead of us developing high BP over the happenings in the GOV circle, afterrall we dont need soothsayer to tell us that these cartels are deceiving us,we should use this medium to gather people of like minds and strategise how we can mobilise and educate people from the grassroot until we become A FORCE and A VOICE they cant ignore.God help nigeria. |
khalil
said:
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... Wrong your name really fits your thinking! People like you belong to the jangle. What did Soludo saved other than collaborating with the corrupt bank executives to steal our hard earned money? you were making a lot of noise before, that Soludo was the best CBN governor that Nigeria ever had, not knowing that he was a biggest thief. So the Aboki that you talked about, has now saved us from the concealed stealing of that Big Thief called Soludo! I can understand your prostration because Nigerians now know that your brother Soludo was a sheer disaster to our economy. Thank God, that he did not secure a second term otherwise he would have destroy the economy before Nigerians knew what was happening. haaaaa!!!!! Tell your sister Indidi Okereke to pay us our 40.8 billion naira she collected from the bank. That woman should be sacked before she does another Soludo to our stock exchange! haaaaaaa!!!!! inyemere you are all thieves!! |
Idongesit Ubonabasi
said:
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... Position of authority at any point is fiduciary in nature, also, for those who belong or at one time belonged, would agree with me that the financial world is a spider web especially where you need to distinguish yourself or take quick business decision(s). Agreed, and interestly, the unfolding events in the nigerian financial sector in last one year and particularly in the last couple of days required us to restraint our comments and learn more as an emerging economy both on the part of the regulators and few sentimentalists. |
Wate
said:
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... Waziri is a distress to Nigeria. EFCC becomes something else. nothing will happen to all the Bank's CEO's. I bet you. |
larryg
said:
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... Wetin come b the new thing wey dey the arrest wey make am breaking news? Abeg make we face reality HEADS WILL ROLE by the time she start to dey mention names..........i bet it with u nothing go happen as we always get above the laws and lawless capitalists and politician in nigeria. |
ali alhashim
said:
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... I dont kw what kind of country called "Naija" i believe its nt being cursed by God bt due 2 the devilish act of one man call "obj" who brougt us into this mess. After all who brougt yar'adua into power. Yar'adua is a disgrace 2 the North.... Oh!!! I am sorry the man is imposed eventhought unwillin, unprepard without vision,or even a manifestatoe. Who is this man obj is he created by god? 4 god sake why did u impose yar'adua on us. Oh!! I cry cos there wil be an eminent collapse or rather an entity call "Naija" wil a conclusively "failed state" |
ali alhashim
said:
|
... I dont kw what kind of country called "Naija" i believe its nt being cursed by God bt due 2 the devilish act of one man call "obj" who brougt us into this mess. After all who brougt yar'adua into power. Yar'adua is a disgrace 2 the North.... Oh!!! I am sorry the man is imposed eventhought unwillin, unprepard without vision,or even a manifestatoe. Who is this man obj is he created by god? 4 god sake why did u impose yar'adua on us. Oh!! I cry cos there wil be an eminent collapse or rather an entity call "Naija" wil a conclusively "failed state" |
ali alhashim
said:
|
... I dont kw what kind of country called "Naija" i believe its nt being cursed by God bt due 2 the devilish act of one man call "obj" who brougt us into this mess. After all who brougt yar'adua into power. Yar'adua is a disgrace 2 the North.... Oh!!! I am sorry the man is imposed eventhought unwillin, unprepard without vision,or even a manifestatoe. Who is this man obj is he created by god? 4 god sake why did u impose yar'adua on us. Oh!! I cry cos there wil be an eminent collapse or rather an entity call "Naija" wil a conclusively "failed state" |
ali alhashim
said:
|
... I dont kw what kind of country called "Naija" i believe its nt being cursed by God bt due 2 the devilish act of one man call "obj" who brougt us into this mess. After all who brougt yar'adua into power. Yar'adua is a disgrace 2 the North.... Oh!!! I am sorry the man is imposed eventhought unwillin, unprepard without vision,or even a manifestatoe. Who is this man obj is he created by god? 4 god sake why did u impose yar'adua on us. Oh!! I cry cos there wil be an eminent collapse or rather an entity call "Naija" wil a conclusively "failed state" |
ali alhashim
said:
|
... I dont kw what kind of country called "Naija" i believe its nt being cursed by God bt due 2 the devilish act of one man call "obj" who brougt us into this mess. After all who brougt yar'adua into power. Yar'adua is a disgrace 2 the North.... Oh!!! I am sorry the man is imposed eventhought unwillin, unprepard without vision,or even a manifestatoe. Who is this man obj is he created by god? 4 god sake why did u impose yar'adua on us. Oh!! I cry cos there wil be an eminent collapse or rather an entity call "Naija" wil a conclusively "failed state" |
WAFFI
said:
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... The final proof of whether this sanusi's 'crusade' is genuine or borne out of a carefully hatched plan by the 'anti-consoludotion' sorry anti- consolidation forces and certain powerful sectional interest groups to take over these 5 banks as uncannily predicted and alleged by a vanguard article published in march 23,2009, will be revealed when the final ownership/shareholder structure of the affected banks becomes apparent to the public.we are watching. |
Etim Emmanuel
said:
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... To me, Mrs Ibru has raelly done nothing wrong to deserve this kind of treatment from the so called government. where was the EFCC when she was recieving those awards and making the nation proud in the banking sector. abeg ceci no worry jare God pass them. you indeed a heroin. i dey kpadun you. |
NDUBUISI AGU
said:
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... EFCC IS A CHARADE. ALL THIS SHOWMANSHIP IS BCOS MRS. CLINTON NOTED THAT FOR THE PAST TWO YEARS, THIS AGENCY HAS BEEN SLEEPING. LET US WATCH OUT FOR ANOTHER SHOW? |
lyday
said:
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... I wonder what u guys gain in lying just to attract peopple, Cecillia surrendered herself and was not arrested. you guys shoould just watch it. |
Ade O
said:
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... My brothers all this na smoke smoke screen they don't plan to do shit in a country where the likes of Ibori,OBJ,Ibb,Lucky and I'm papa, Saraki and Im papa we empty bank Treasury dey waka free why I go lose sleep about Cecilla ? There are bigger fish to fry. Lets take these people down. |
Bello E
said:
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... story,,,,,,,story,,,,storyyyyyyyyyyy. Another Stage play..let s watch and see my fellow Nigerians. The end will tell. Mind you, Mada Waziri doesn't need to relocate to Lagos to perform just as Sanusi didn't have to relocate to Lagos to do his national Job,,,,,after all, she is not even a field officer, then why is she gallivanting from one hotel to another: let me tell you one of the major reason (s0 (1) to get enough estacode, (2)to get cheap popularity that she is very busy fighty corruption, of which we all know she is a great arrangee madam.if not where was she when all these monies were flying up and down in Nigerian banking sector,,,,,,don't they have financial intelligence work again, or is it only yahoo boys they know how to flex their muscle on.may God have mercy on Nigeria |
Madaki
said:
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... Southerners are now crying over banks! It’s your turn, Southern Nigerians, to feel the heat we have been subjected to for years now in the North. In Jos, they want to appoint an Emir, in a place where Hausa/Fulani are settlers. They sent in Boko Haram fighters early this year to massacre the people. But the signs are there since June 2007 that the Yar’Adua government is a Jihadist government with its behaviour in the North and the Niger Delta and now they want to capture the Lagos economy. They want Fulanis to dominate everything and everywhere in Nigeria. When we will be smart enough to know that divided we fall and united we stand? When we will recognise that an injustice done to one is injustice to all? |
Dare Nigeria
said:
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... Everyone has become a pom-pom bearing Cheerleader for CBN and EFCC. The Undertakers are in. But let it not be lost on us all that what is happening in the banking sector is a grand plan by a set of People to claim what they believe was denied them under the Obasanjo Administration. Do not be surprised when small companies floated in the UAE and Europe by Cronies of these Machinators start submitting bids for these Banks. Let the South keep applauding in their ignorance. It will soon dawn on them that they have been gullibly taken for a long ride. |
Dunlop Kalu
said:
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... Mama Farida and Papa Sanusi should be careful in what ever they are doing; my suggestion is that whoever that is owing the bank should pay back. You guys are doing a good job just like what Rabadu did but where is him today, the very set of people who were hailing him turned against him, Rabadu was humiliated, disgraced and demoted. Pls. be wise this country is full of evil men that never like good things. By the time you guys are out of the office they will write all kind of nonsense about you. Human beings are difficult to please. God bless you all!!! |
ali alhashim
said:
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... Effc are happily woken up 4rm there ineptitudnes and slumber by sanusi. Efcc shuld be scrub. Shame on waziri |
cannonist
said:
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... ..mr. Soji Adebiyi, Oceanic bank PLC is NOT a private entity..(see the suffix "PLC")..this is a business partly owned by the public..moreover..any institution (private&public) that manages public & govt. funds must be regulated. When these companies breach the ethical code of conduct laid down by the regulatory authority, they face the risk of being prosecuted. This isn't peculiar to Nigeria..see Enron, USA.. |
ololo collins
said:
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... fire brigade does not pay,Sanusi is mad at our collective expense,he has branded all nigerians as thieves and loan defaulters,let see the angels he is bringing.to owe a bank is no crime,that is why our law has various proceedures to deal with default,EFCC option is certainly alien to our law.The CBN is also not privy to the contract between the bank and her customers.CBN has no locus to do any publication on loan default.  |
Dayo oluwafemi
said:
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... Sometimes the proverbial fire must be lit under our so called leaders in Nigeria to get things done.Where has Farida been since being forced on Nigerians for all this to start happening now?(many thanks to Mrs Clinton)I bet she thought the rot in the banking system just started? |
nick
said:
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... Default on a bank loan is not a criminal offence. The Bank can take several actions to recover their funds including a lawsuit. I am not sure if the men at EFCC are trained police investigators or yahoo boys |
wrong
said:
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... WRONG move, if first bank has 26billion why has Mallam Sansui sack himself? what is the difference as the former MD of First Bank , is it not last month he left First bank, which kind yeye , Aboki style this, Hypocrisy at work. My only concern is that this people up north over dance music, and by the time the destroy the Economy finish the will look for the southern to rebuild it, The CBN Mallam need to be call to order, before Nigeria turn to dustbin , he has been blindly using and withdrawing $300Million- $00Million every week from our Foreign Reserve to fund buying and selling of hard currency to his brothers whose occupation is to buy $dollar by all means can somebody please Educate Mr. President about this eminent danger ? That very soon we shall have not foreign Reserves left from what SOLODU saved, |
Olushola
said:
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... WHO IS FOOLING WHO, THE RECENT ANTI-CORRUPTION CRUSADE UNDER FARIDA IS ALL A CHARADE , IT WILL NEVER SEE THE LIGHT OF DAY . IBORI PLC FACTOR AS HELD THIS NATION CAPTIVE, SHAME ON YAR ADUA, PDP ALL ALL THERE CO TRAVELLERS. DISCUSSING NIGERIAN PROBLEM IS A WASTE OF TIME AND SPACE. |
obodo ekpu
said:
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... what is the total asset value of oceanic compared to the paltry sum they injected into it? Does that justify a takeover? what the debts being owed by FGN? have they paid? Who will arrest Govt? the challenges faced by the entire banking industry is imposed on it by the global economic crises. we cannot run away from it? Have we considered the impact of the fall in oil prices on the banks' transactions that were consumated when oil price was high? what about impact of the naira devaluation? some just pass comments for what they know little about. On March 23, 2009, the Vangard Newspaper raised an alarm about a plot by some persons to take over 5 banks, long before Sanusi emerged as CBN Gov. What is happening today? Only fools can buy into all these nonesense. |
Alexander Pinheiro
said:
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... The unplanleassness of the Government has always created emergencies that culminate in Band-Aid solution to cancerous rot. The falcon is not hearing the falconer and things have fallen apart with the centre not holding. No power, No water, no roads, no effective communication facilities; No effective educational system and blatant corruption is infused to the very core of our value system. It is laughable that Nigeria call itself the Giant of Africa. When our leaders with all their education have conducts that make those with basic intellect ponder over their malady exhibited by negative intelligence. Then one wonders of what hope the unborn children have in this country which such great potentials |
Gbabe Ketu
said:
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... Why I am not against fraud and mismanagement, I am a little bit suspicious of Lamido Sanusi's moves. It seems to be a game of chess going on and Nigerians are the pawns. We shall soon see how this will end. All I know is that no Hausa/ Fulani man will ever do anything without thinking of how it will benefit him and his people first. The only exception is Alhaji Balarabe Musa. Nigerians be careful of what is going on. Why is EFCC not going after Alhaji Dahiru Mangal, a cross border kingpin who is a close friend to our ailing president? Why has EFCC suddenly come alive? Why was Dangote made the President of NSE inspite of his indictment regarding the AP shares? Are there two laws for Nigerians based on one's ethnic background? |
Otu
said:
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... People should not happy for Efcc/gov. are doing, all these is just a cinema show, a corrupt gov is always corrupt. it's a shame that the president, ministers, governors, comissioners are behaving like children, they should learn from Ghana, not to talk of the western countries. nothing is working in the country, the laws are made for the poor. Shameful country. |
Soji Adebiyi
said:
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... Have I missed something here ? Mrs Ibru bank gave out loans and the beneficiary of the loans have not paid. The bank is a private entity. The bank may have showed poor risk taking ability by not diversifying enough ( by the way - business in Nigeria is a phenomenal risk) The banks have contributed to the economic growth in the private sector. Ms Ibru contribution is awesome. We need to wait for the facts to come out. If she received kickbacks to grant loans then up goes a family name in smoke. Mr Lamido may have over reacted. What is the total assets of the bank compared to the paltry some they are injecting that justifies complete take over without consultation of the share holders? The situation may be precarious and it may set a bad precedent in a country full of lawlessness. I commend Mr Lamido for insisting on ore transparency. We need it to build confidence in the private sector. |
ayo ayoola
said:
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... exactly my brother.. sanusi himself is a smart and tactical criminal..efcc, cbn, customs nnpc, minitry of petroleum, judiciary are all headed by the North yet some fools think there is no agenda? watch and see. the banks were dominated by the south because of their business acumen.. all a lot of northerners can do is sit down and share everything under them to themselves..many of the so called billionaire notherners are simply beneficiaries of abacha, ibb and buharis government.. the same is about to repeat itself to create another round of so called billionaires.. |
Ocean x Man
said:
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... Gentlemen, Weep for your nation,there is an ideological rape on peoples mind by the Sanusi Agenda pushed using the office of the CBN. Are you aware that First Bank where the CBN governor was MD before his appointment in CBN declared =N=26 billion as provision for Bad Loans next in line to oceanic bank(40 Billion) in the whole industry.(How come that did not make Headlines) Keep quite if you are not in the industry ,someone is playing games on the minds of the average Nigerian.Someone has given a Dog a bad name and of course the whole world is saying Kill the dog, The 5 MD are sacrificial lamps,the 7 star criminals will buy the Debt and the Banks and the faces of the MDs change but the system will remain the same,Sanusi and his men will leave and Nigerian will keep buying the news papers ,talk in beer pa lours ,offices,blogs,comments and life continues and talk continues. |
ayo ayoola
said:
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... waziri is an idiot..she is using this banking scandal to shine. she has no credibility whatsoever and is a disgrace to what most women in high places stand for. for close to 2 yrs she has not been able to convict a single former governor or senator yet she is rushing to nail the bankers. i dnt support what they did but i thnk she sees this as an opportunity to look like a real crime fighter which she is not |
Michael Ijere
said:
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... Its time for an international investigation if real justice is to be done, EFCC CANNOT HANDLE THIS |
Okerhe O.
said:
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... Naija people, una still dey this distractive cycle, anyhow dem know the people wey dem dey decieve. |
ALUSIIBUSA
said:
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... HOW LONG WAS THIEF IBORI,FORMER GUV OF DELTA STATE, DETAINED? A WEEK OR TWO. IN NIGERIA OF PRESENT I CAN'T IMAGINE ANY IBRU FAMILY MEMBER BEING DETAINED ANY LONGER THAN THIEF IBORI.CECELIA YOU WILL BE OUT IN A WEEK OR TWO |
Walter
said:
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... Why are Nigerians are so easy to deceive? Remember the bombs planted by 'enemies of the nation' during Abacha regime? Remember the 'truth' that came out during the Oputa panel? Remember the promise to prosecute all corrupt governors in 2007 once they leave office? You know what, you don't need to take sides in this current issue in the banking sector. Spend your time thinking about how you'll get out of Nigeria (if you're still there) or how you leave a better legacy for your children (if you're already outside). All that is going on now is just the usual recurrent 'epileptic seizures' that is part of Nigeria. Except if you're a doctor that specializes in 'brainlectomy' (complete removal of the hopeless leadership) or better still euthanasia (complete disposal of the whole body). Hmmmm...... That's loaded. |
wrong
said:
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... when will the sick presidency and EFCC and the new face of EL-Rufia arrest the Government to pay sincere contractors ,my uncle died of High BP , because he borrowed money from bank years ago as a government contractor to build houses but could not be paid after 4 years when the bank came for him ,he committed suicide because the government could not pay him. There is too much lies and cooked ups in the systems, government is owning local contractors who took loans from bank to execute projects over 1Trillion Naira for the pass 20 years, blood vampires in Government |
wrong
said:
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... One more last thing, there is these group of federal contractors ,e.g, the Robinson ltd, now if the are handling independent power project which is the only hope of our government to get to the much publicized noise of mere 6000MW by 2009 December, and the claimed that the Government has not paid them to pay the money they borrowed from banks , Now the CBN LC given to foreign company for supply of Turbine is not valid any longer, because of CBN publication listen the company as non performer , so the foreign company stop supply of the power components , how do we get guarantee from Government that we shall in 3 months time have 6000 MW is also lies as usual? and if the Government have revoked Nitel sell to Transcop and the company borrowed from Bank to buy Nitel, has government paid back to them the money the spent in the purchase of Nitel ? |
dzoid
said:
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... Don't be fooled. She has brokered a deal. Give yourself up to EFFC and in a few days you shall be released. People in EFCC work for EFCCs God father "IBORI" who is a good friend of Madam Ibru. Don't run abroad we can handle things here in Nigeria. That was what she might have been told. We own Nigeria “naw”. Nothing. I say Nothing go happen. Wetin happen to me Ibori or Dariye or Alams baba or Iyabo Obj or Wabara or Turaki or Jubril Aminu or or or. The list is endless. Just a slap on the wrist. I beg dem get two heads. No run madam. Dem go arrest you then release you Shikena. Dat small disgrace I promise you can easily be turned to success when another award is “organised” for you. After all Nigerians like glorifying thieves no matter how they got their money. In short my brother I can bet my life say “nothing go happen”. |
Mmegbuaneze
said:
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... EFCC una do well o! So Madam Ibru don enter? Make Ibori dey follow am kia kia. Afterall what is good for the goose is equally good for the gander, shikena. |
Kornel Adetona
said:
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... The fact still remains that Lamido is acting a hatched plan. Nigerians don't be deceived,everybody has equal right under the sun. Let the north and the northeners build their banks from the scratch. Let have equity and fair play. These bankers might have not been perfect but they are not evil.Afterall where was regulator CBN all the while. |
Bethram Taylor
said:
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... We can go on and on and on making comments for or against, but its not gonna get us anywhere.Fellow Nigerians I BELIEVE THE TIME IS RIPE FOR A REVOLUTION!!!!The EFCC is headed by a two faced corrupt chairman, the investigators are corrupt police men and security men and still they have the guts to make all this noise!Who is fooling who?Rather than get high BP thinking of the situation in Nigeria, i'll rather move out to the streets and die fighting.ENOUGH is Enough, we need to mobilize and take the bull by the horn!It happened in Ukraine, the orange revolution was succesful!We did it against Babangida and it worked.!WAKE UP NIGERIANS LETS TAKE THESE PEOPLE DOWN!!!! |
W,A
said:
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... Well i wont judge her yet,lets just wait and hear from the one and only reliable source sahara repoters for more news feed cos i dont believe in the efcc any more!its a good cos whats going on in our finacial industry and i do not support the recklessness of these bank ceo"s but theres more to what is being said about them,what about the debtors?nobody is saying anything yet,trust me i work in the industry and we will be shocked when information starts coming out. |
wrong
said:
|
... I still beleive that this ALarms will cost harm, if the CBN does not release all the names of orther bank then it is the greatest injustices , the CBN governor is siad to have interest in them that is why he is keeping quite on other banks report, then if he don't deem feet to release it .. this is nothing but a hidden agenda and vandetta |
wrong
said:
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... God Help us, here we brand every body as thief, that woman Mrs Ibru has build alot in Nigeria, what is her Crime, loans are given and recovery is still going on, the build this bank, with her family,Rased 25Billion God know how hae many branches, powered companies and she is be purnish for doing that? All her life she never being to police , as a mother, a wife and an Educated person, she had given all to NIgerian, now she to be rubbished due to politcial motivations, No time given to people that hard sleepless night building this banks to recover debts, no warning just sack and declared wanted , are we i militry government ? why are they been disgraced, God have mercy, Now at Apapa , OIl companies is collect cash to sell oil as the nolonger trust tht the will get fund to do businesses of the put fund in the bank price of deisel has gone up to N110, |
ola oni
said:
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... AS FAR AS I'M CONCERNED MRS CECILIA IBRU IS A ROLE MODEL WHO HAS MOTIVATED MANY NIGERIAN WOMEN AND THE YOUTH TO BELIEVE IN THEMSELVES AND ASPIRE TO GREATER HEIGHTS. LET HER DEFEND HRSELF BEFORE YOU HANG HER. bUT WAS SHE RUNNING FROM JUSTICE? NO. SHE WAS RUNNING AWAY FROM EFCC'S CRUDE WAY OF HANDLING SUSPECTS. I DON'T SUPPORT THAT THAT KIND OF LADY SHOULD BE HUMILIATED NO MATTER WHAT SHE IS ACCUSED OF DOING.SHE SET UP OCEANIC BANK AS A FAMILY BUSINESS AND BUILT IT UP TO ONE OF THE LEADING BANKS IN THE COUNTRY BEFORE THE SO-CALLED CONSOLIDATION WHICH PUT HER IN TROUBLE. GIVE HER A CHANCE TO DEFEND HERSELF, SHE MAY PROVE TO BE INNOCENT AFTERALL. |
modupe sho
said:
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... I ioved what EFCC was doing during d regime of Ribadu but what is presently happening is very SUSPECT. I distrust dat Waziri woman and i know she is working to fulfil one of the well calculated plans of Yardua's regime. |
Ahmed, Mohammed
said:
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... I commend the EFCC for a job well done this time. I strongly believe that some individuals in this great country, Nigeria still rates themselves above the law. If not, why will a Cicilia Ibru fail to give herself up to the EFCC. I believe the delay tactics she adopted must have given her enough time and space to make consultations and 'phone calls' tMay Allah give us the zeal to do the right thing for once in this country in this Banking scandal involving these five banks and many more to come in the coming days. By the way, where is Erastus Akingbola? the law will catch up with him..It can be delayed, not denied. |
Hector
said:
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... Let's be serious. What happenned to Societe Generalle & Savanah Bank Directors and Chairmen? These set of people are using depositors money to win elections and thereby looting all the more. I'm sure nothing meanignfull will happen to all the MDs arrested - Okocha lost $1M to SGBN. the basic problem we have is that laws cannot be enforced especially for the big guys and really there's no moral ground to hold someone who did or did not do her job well by granting loans when Nigerians that stole billions of dollars are in the corridors of power.. Gentlemen & Ladies, we need to channel our energy more in the following directions. 1. keep asking or pressing for electoral reforms. 2. Keep asking or pressing for FOI bill 3. get involved in the politics one way or the other.. 4. Let's chase those guys (Government) out!! We can all change this country, we have a lot at stake!! Let's arrest the nation's freefall, we can do it.... |
Ono Wu
said:
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... Who want to invest in Nigeria? What corporation is making profit in Nigeria? Where are all the Nigerian elites galavanting all over the world in the name of seeking investor? This may be a good time for them to refund our money. I'm not talking about EFCC and Sanusi's garagara. Just remember Ribadu, I'm convience that this noise will soon pass. |
-floriana
said:
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... I once wrote the the piece below as a parody of the whole bank debtors saga. WHO WILL SACK UMARU MUSA YARADUA FOR MIS-MANAGING NIGERIA? BREAKING NEWS! Sanusi Lamido sacks Yaradua as Nigeria's president, Appoints Pat Utomi interim president, dissolves the cabinet. Aoandooaka on the run. Ex-president to be place under full medical surveillance. ******************************************************* ********* In an unprecedented move aimed at sanitizing the rot in the Nigeria’s economic management, the powerful CBN Governor Mallam Sanusi Lamido yesterday fired the incompetent Aso Rock impostor Umaru Musa Yaradua for grossly mis-managing the Nigerian nation. This move is coming barely a week after the same yaradua approved the firing of five former bank MDs who have bled their once thriving banks dry. Sanusi Lamido immediately replaced Mr yaradua with a renowned economic expert professor Pat Utomi as interim president. Utomi is expected to inject fresh ideas into the system to recapitalize the badly depleted economy which has been deprived of progressive ideas for governance for upward of 10 years. Speaking exclusively to our reporters immediately after his swearing in, Utomi promised to take the nation to the Promised Land and justify the confidence reposed in him. Meanwhile, Sanusi Lamido has placed the Ex-president under full medical surveillance in far away Jeddah to prevent any attempted escape from the planet earth. Lamido believes the deficient style of governance for which Mr yaradua was notorious is responsible for the lack of electricity, good road, water, and the pervasive corruption in the polity. He has therefore promised to bring yaradua to full account, hence the need to prevent yaradua from escaping from this planet. In a similar development, the fixer of injustice in the immediate past administration of Yaradua, Mr kaase Micheal Aoandooaka has been declared wanted. The notorious ex-Injustice minister was said to have got wind of their impending sack and promptly escaped with his loot which were suspected to be largely proceeds of already fixed and concluded deals from the Ibori trial, the Ekiti re-run and the technical consultancy fees from his consultancy jobs done for the major Nigerian suspects in the Halliburton scandal. |
Yisa Bakindo
said:
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... @SNJOKE you like running your mouth like a broken tap.You shoot before you measure,you talk before you reason.Your heroine shouldn't have waited until she was declare wanted before coming out of her bunker. |
autch
said:
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... EFCC should not be biased in the fight against corruption if it is to succeed. there are some high-profile Nigerias who have committed more corrupt acts than these people have allegely commited.so let the exercise be wholistic. in that way every body will hold them in high esteem. |
Edo Man
said:
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... Oh well, like I continue to stress, "if efcc of today arrest rich man, just know say nottin go happen to the person", this is a prime example. If na poor man, dem for don torture the person to the point of death now!!!! Naija |
f. ighagho odiase
said:
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... EFCC hold everyone responsible for thievery in Nigeria. Ex-govs,ministers,corrupt gov officials (past and present) and their cohorts. Then we know you're serious.These banking charade won't work for us. |
Ufuoma
said:
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... Let Mama be. She is a good natured Nigerian and we need people like that around.She is loved by many. Besides she cannot be said to be guilty until proved so by the law. |
deshi
said:
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... This maself Soludo supposed to invited for his coverup all this while. Because I remembered when he was invited in Senate and House Reps, he still insist on our banks stability. My question is why it is that prof was trying to do with all these shady things going on in the bank sectors? Thanks to Sahara reporters, some of us is new, because we were able read some of this lingering lickages long time ago. |
deshi
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... She already cover up everything before submitting herself. Hope EFCC won't look faces and background this time. Better to she show up to prove her innocence or expose those in connection to the LOAN. I pity her too. |
okey adiele nwapapa
said:
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... the rich have their way of escaping justice in nigeria...cecilia no exemption! |
okey adiele nwapapa
said:
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... ours is a country that do not have a clear cut to what it wants to achieve. sannusi has ended up creating suspicion in the minds of nigeria's correspondence banks. tell me how LC originating from CBN will be regarded overseas? more matured ways could have been adopted in recovering the non-performing loans rather than heating up the already fragile economy. |
frankwilliams
said:
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... Please, don't call them theives because loans are not like stealing. Given loans out for a favour to Nigerian men and women is not an offence. Ibru commettd no crime untill the court say so |
kola Edun
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... I would not like any meaningful Nigerians to be carried away with the current EFCC exercise on the bankers, it may be a total distraction of this go slower and sick government. they always wanted a scapegoat. I have no kobo or instrument or an assets with the financial system of Nigeria. The fuss of all this news on headlines is what I cannot comprehend, this is a civil matter that needs to be redress in court, why always, our approach, logic to something civil were turned into brutality,militancy and uncivilised manner. The spotlight of this exercise should be on the government at all levels, local government, senators, governors and senators. we are all stakeholders of this dear nation. we asked the so call government for freedom of information act since the turn to civilian government, to know the income and where our money is been appropriated to, no answered to this,but to cover their evil doing, the government are busy chasing up bankers for loan took out. even so 7 days,who are this people runnning the country. this behaviour carry a Big MOTIVES I cannot say. what needed doing is to follow the due process, seize the assets, or make it government control has a majority shareholder. of course, the central bank as to assert it authority over these banks that their books are not clean up in the inetrest of the depositors and the nation. but in a civilised manner. we are not given lashes to cow here to cross to the other road to eat some grass. this act cannot move me nor ever like the government until FOI act is enacted. This nation is rapidly going on a freefall |
Mr S. Njokede
said:
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... Arrange Masters!: Why had she waited for Yaradua to be back from Saudi Arabia before she gave herself up? There´s a designed here to fool the public - to make it seem as if Yaradua is serious about fighting corruption. They must´ve begged her to report with condition that nothing happens to her: just to show off that Yaradua has a big fish in his hand. Government that´d fake their personal weapon and display it as those returned by freedom fighters and militants can fix any thing dubious. Only until one of these big fishes get jailed, Nigerians wont take Yaradua and his EFCC serious. We´ve seen enough show-business via Yaradua and Farida. Enough for now, please. |
Tariq Banks
said:
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... Mrs Ibru have decided to turn her self in after perfecting and strategising what the outcome will be. with assurance from the defector prime minister Chief James Onanefe Ibori, wait a minute which of the ibori's are we refering???  |
Tariq Banks
said:
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... light at the end of the tunnel??? No EFCC look very busy now after mrs Clinton carpeting them. But we still await the arrest of the former head govt in the Halibuton scandal so mrs waziri and her cohorts this distraction won't work. Na today!!! |
arualan
said:
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... She may have displayed poor judgement as a bank MD, therefore she can,t be trusted to manage a bank, anything else? I do not think that the EFCC has the brainpower to deconstruct the intricacies of these high level financial play, they are probably better suited chasing yahoo scammers in public cafes, or grandstanding about how they will deal with imaginary enemies, in the worst case scenario, she will "settle".........kini big deal? |
Adamsky
said:
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... Well, it's about time she does the admirable thing, spill the beans and name culprits, God save Nigeria! |
okoronkwo, H
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... This Fire Brigade approach to fighting 'corruption' accomplishes nearly nothing. Many things had to be wrong within the system in order for the'rot' in the banking system to get to the reported levels. The system of 'catch me if you can' is what is obtainable in Nigeria. OBJ reportedly took a 200 million Naira loan to buy stock in a public traded company that he created? Just a few days ago Mrs. Ibru was showered with all kinds of awards. Oceanic Bank was declaring profits as if they made monies printing NAIRA currency. Sometimes you wonder, with all the available human and natural resources, why things remained at stone age levels except corruption which continues to show remarkeable improvement in Nigeria. As soon as Mrs Ibru and the other Bank thieves are arraigned....... End of Story! They have the connection to buy first class justice in Nigeria. |
M.O.P
said:
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... There is no better time for Cecilia to write her name in history........expose expose expose............sing sing sing, 'pickin wey say im mama no go sleep............' |
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