Twiga Bancorp Running Bankrupt

The State-owned bank Twiga Bancorp Ltd, which was created in 1992 as part of the operation to privatise National Bank of Commerce(NBC), is on the verge of going corrupt!

I expected to find enough details so as to make the topic debatable. There're a lot of things to consider when it come to the above matter...probably I'd say management contract as it's for NMB might be solution! But what if there's no severe management problem?

how sure you are buddy on this issue? or you just assume according to its operations..

Please support your story with auditor's (any independent reviewers) going concern assessments, otherwise you won't be treating this forum fairly.

As you know, a public bank is a public interest, before we make any judgments, we would like to get the concrete supporting evidence of your allegations.

Why is the source ps

active move said:

why is the source ps

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!!!!!!!!!!!!!!???????????:target::target:

Mmmh! Yes it needs to be clear and supported with strong evidence. Otherwise it will remain to be a story.
Pls more info, as some of us have bank accounts at Twiga.

Quite interesting this thread is from "well informed chap" what gonna unfold to ill informed Comrades?

Kanigini said:

Please support your story with auditor's (any independent reviewers) going concern assessments, otherwise you won't be treating this forum fairly.

As you know, a public bank is a public interest, before we make any judgments, we would like to get the concrete supporting evidence of your allegations.

Click to expand...

only BOT to announce not otherwise

This is a very serious note, but where are the testimonials? Least we see a recent BS here!

sometimes last year a foreign company from brazil called METRO requested to b allowed to inject 0ne billion USD to become a partner the process was intervened by TISS at last minute under unknown reasons.

active move said:

Why is the source ps

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That's why this Forum have less and less contributors....You are my Bro, let's go back to our JUKWAA LA SIASA where we dare to talk freely.

You can not bring these serious allegations out of air.....It is not the JF spirit

Kidogo chetu said:

sometimes last year a foreign company from brazil called METRO requested to b allowed to inject 0ne billion USD to become a partner the process was intervened by TISS at last minute under unknown reasons.

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....it is very unfortunate that some people are so unwise that they air out half cooked bank's info which may have detrimental effects to the smooth operation of our banking sector in our country!

I strongly urge the moderator to scrutinize whatever post one wants to post before allowing it in the JF. Otherwise freedom of expression without any boundaries may initiate unnecessary chaos in the financial system.

Proof of my caution: 'Kidogo chetu' would have deduced that if TISS intervened in the envisaged capital injection, then they might have been very smart! Do you guys have a feel of how much is ONE MILLION US$????...here you are talking of trillions of TZS!!! The deal was evidently a hoax at its best...

The money could have laundered!

active move said:

Why is the source ps

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Tehhh