Ruby: Just because I have a loan on my house for 50k does not mean that if I sell the house for 400k the bank gets all the proceeds from the house. If I default on the loan, The bank get the house for what ever it can sell it for. It seems that SEO pledged 100 million shares as collateral to the bank that went broke. CBN now wants $25 million dollars U.S. or $1.2 billion nigerian dollars, which is only 38.4 million ERHE shares at todays price. Did Chrome get a default payment notice? I think it was BB that said ERHE could not account for the loss of $5 million dollars from it's bank account. Did ERHE make a loan to the chrome group? or pay on SEO'S behalf? Is this the "SEO is forced to walk the plank" story that Oily spoke about? Or is this how the inner circle of the Nigerian Government works (Cherry picking the well connected) in order to get in on the Party as lucrative infrastucture contracts are handed out to Sinopec, Gazprom, KNOC, India and Chrome! (no bribe their just payments for money owed)
Very Interesting
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