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Showing posts from May 12, 2008

Preferential justice

Preferential justice “All animals are equal but some animals are more equal than others” When these more equal animals are involved in a criminal act the law becomes deaf, dumb, and blind. The Nigerian police and other law enforcement agencies are only interested in punishing the innocent and leaving the criminals to go Scot free. This reminds me of the day robbers invaded Imo state capital Owerri; they had a field day robbing many banks without so much as a single reasonable challenge from the police. After the robbery the police went on air to announce how their gallant fight with the robbers prevented the robber from taking anything. Days later they caught students allegedly initiating their fellow students into cultism. Rumors mills started churning, claiming that they have caught all the robbers that robbed Owerri. Every indigene of the state knows the truth but if you make as much noise as to say it you are in trouble. They didn’t catch any robber and may never catch an...

CBN CHECK THE EXCESSES OF COMMERCIAL BANK

CBN CHECK THE EXCESSES OF COMMERCIAL BANK If I say that Charles Soludo is not trying then I must have my head examined not just by psychiatrist but to see if indeed is brain and not butter I have in there. My problem is not the man but the banks. How come Nigerian banks are in the habit of withdrawing money from people account without so much as telling them what such withdrawals or how they came about in the first place unless you insist. When you want to go into any agreement for loan I expect the bank to tell you about all the charges both hidden and non hidden one to allow one to make an informed decision. But to be frank with you no bank does that. The maintenance fees of ATM cards, exchange card, credit cards and all sundry fees are hidden from the customer and only appear when you query the balance that the banks gives you. I believe that banks should publish all charges they take from customer, the percentage on interest, cost of cheque book, withdrawal bookl...