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?
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.
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.
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.
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.
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.
....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...