The saying that the ghost of years ago often comes back to haunt is indeed a fact.
This much has been replicated in the life of the recently appointed transitional Managing Director of Enterprise Bank, Mary Akpobome.
Having been promoted to the exalted post, a lot of her friends and colleagues had celebrated her. However, like the remains of a dead rat thrown by the road side and which more often than not oozes unpleasant smells the old memories of the woman’s time at Bank PHB have come to haunt her.
Sometimes back, www.theoctopusnews.com reported a story of how Akpobome was likely to ruin Enterprise Bank with her questionable banking policies. Presently, the controversy surrounding her has been traced to competency and misappropriation of funds.
The woman is been alleged of having been involved in a dirty fraud that contributed immensely to the sudden death of Bank PHB, a financial institution which at a point in time was most promising. Presently, the need for depositor and investors to thread softly in dealing with her financial institution is what is been emphasized to avoid the same fate that befell Bank PHB, where she was a director before moving on.
While Akpobome was at Bank PHB, she was said to have been one of those who helped recapitalize the bank when it needed to inject fresh funds into the system. However, following her departure in 2008, it was alleged that she was asked to quietly quit the bank, as a way of saving her career because the mess she was in was just too much.
Then, the bone of contention was a N10 billion loan deal gone sour. She was said to have spearheaded the unsecured loan alongside other directors without a consensus agreement from the entire board. It was the deal that went bad among others perpetrated that saw the bank going down.
As it is, the watchword been used as far as Akpobome and Enterprise Bank is involved is “Once bitten twice shy”.
-Innocent Dokuboh (London Correspondent)
Additional reports by Global News, E-Nigeria.com
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