These are not the best of times for Access Bank Plc.
The financial institution which has been snaking from one scandal to another has landed on a new one. Access Bank’s litany of woes started with the alleged N500m extravagant send forth party it staged for its MD, Mr. Imoukhuede whose tenure would soon come to an end.
The party which held at the upscale Intercontinental Hotel on Victoria Island, Lagos saw the bank flying in American pop star, Mariah Carey at a whopping cost to entertain their select guests. As if that was not enough, the bank laid off about 200 of their staff not long after. Which expectedly fetched them the ire of the general public, which is asking why they should spend so much on a party when they could have used the money to take care of the sacked staffers.
The latest we have on the matter is that those tipping Aig to succeed Mallam Lamido Sanusi are not happy with the bad press his send forth party is currently generating. Confusion now reigns in their midst on how to sell him in the next few months-or whenever the time comes. And as a result, his people have begun working round the clock on how to stem its further spread.
More details later.