Fidelity Bank lacks legal basis for takeover of BEDC

Pages: [1] Go Down

Topic: Fidelity Bank lacks legal basis for takeover of BEDC – Management (Read 691 times)

0 Members and 1 Guest are viewing this topic.

Fidelity Bank lacks legal basis for takeover of BEDC – Management

« on: July 07, 2022, 07:02:16 PM »

Fidelity Bank lacks legal basis for takeover of BEDC – Management

The purported activation seeks to take over the respective Boards of Kano Electricity Distribution Company, Kaduna Electricity Distribution Company and BEDC Electricity Plc (the DisCos) over the inability to repay the loans obtained to acquire majority stakes in the DisCos in furtherance of the 2013 privatisation exercise.
Source: Fidelity Bank lacks legal basis for takeover of BEDC – Management

- PM News Nigeria
Invest in Bitcoins: https://hashflare.io/r/CF2F6691

Logged

Pages: [1] Go Up

« previous next »

Related Topics

Subject / Started by	Replies	Last post
Fidelity Bank records 58% drop in profit Started by olaniyi Events, Entrepreneur & Money Matters	0 Replies 3562 Views	April 03, 2014, 05:52:45 PM by olaniyi
Fidelity Bank’s N30bn Bond Listed On NSE Started by flukky-2 Newspaper Board	0 Replies 2302 Views	August 18, 2015, 01:00:16 PM by flukky-2
Fidelity Bank Gives out N20m to Customers in Promo Started by thisday Newspaper Board	0 Replies 2053 Views	July 10, 2017, 01:01:20 AM by thisday
FBN, Fidelity Bank, Zenith Bank top equities’ trade Started by olutee Newspaper Board	0 Replies 2989 Views	December 11, 2017, 01:11:21 AM by olutee
Fidelity Bank nets 94% profit after tax in 2017 Started by olutee Newspaper Board	0 Replies 1584 Views	May 01, 2018, 01:01:43 PM by olutee
Fidelity Bank, BoI unveil lending scheme for manufacturers Started by olutee Newspaper Board	0 Replies 1145 Views	August 14, 2018, 07:04:44 AM by olutee
Fidelity Bank Rewards Customers in Promo Started by thisday Newspaper Board	0 Replies 1795 Views	November 20, 2018, 01:00:30 PM by thisday
Fidelity Named ‘SME Support Bank of the Year’ Started by thisday Newspaper Board	0 Replies 1234 Views	October 22, 2020, 01:02:59 PM by thisday
Fidelity Bank Reiterates Commitment To Corporate Governance Started by flukky-2 Newspaper Board	0 Replies 992 Views	October 27, 2021, 07:01:42 PM by flukky-2
Twitter Assembles Legal Team to Sue Musk over Dropped $44bn Takeover Started by thisday Newspaper Board	0 Replies 1196 Views	July 11, 2022, 07:01:11 PM by thisday