I found this report in today's Guardian.


http://www.ngrguardiannews.com/business/article01//indexn2_html?pdate=110909&ptitle=Audit exercise: 11 more banks in need of recapitalization

"Analysts queried the sledgehammer slammed on the five troubled banks' directors, who were collectively alleged to be exposed to over N700 billion bad loans, when the five that were given clean bill were actually assessed to have over N900 billion non-performing loans in their books."

Excerpts from the above link?

My questions
1. Can this be true? If it is, why the rush to deal with just 5?
2. Who are the analysts mentioned above?
3. Can we say Guardian is becoming another Vanguard?
4. If we cant trust aur press, who can we trust?

Guardian newspapers is one of the affiliated company of CECELIA so what do you expect? They are just beating the air.

Guardian Oga - Ibru


Oceanic Oga - Ibru (Mrs)

Maybe na coincidence but I think not.

The fact remain that there would have been no place for Rumours like these if Mr Transparent was transparent enough himself.

When will he release his audit report?

mikeansy:

The fact remain that there would have been no place for Rumours like these if Mr Transparent was transparent enough himself.

When will he release his audit report?

Abeg follow me ask dem.