tag:blogger.com,1999:blog-15456688.post3786086694621519265..comments2024-03-28T22:59:15.275+04:00Comments on UAE Community Blog: The BCCI linksecretdubaihttp://www.blogger.com/profile/13115610824191031176noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-15456688.post-39200610127416151592007-04-09T23:19:00.000+04:002007-04-09T23:19:00.000+04:00sh, Zayed (Allah Erhamah) was actually sued for a ...sh, Zayed (Allah Erhamah) was actually sued for a huge ass amount when BCCI died. It was ADIA and their lawyers who saved the day. Zayed actually didnt know what was going on... to be truthful, he didnt know about much of the things that were in his name the last 20 years of his life. sigh.<BR/><BR/>Being a Banker myself, I could care less about Dubai's banks, for one simple reason. even they are somehow (through hoops and mega hoops) owned by ADIA in the end. we are talking about an entity who's exact purpose is not known, who's employees drive 500,000 AED cars, and are the only building on the Corniche who have (at all times) 6 fully armed UAE National Guards. not security. we're talking fatigues with M-4s.<BR/><BR/>NBAD and ADCB are directly owned by them, all other national or nationally owned banks are owned by blah who is owned by blah who is owned by blah blah and blah who are all owned by ADIA. so the whole "merger" thing is... effy to me.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-15456688.post-61774638934914163772007-04-09T19:07:00.000+04:002007-04-09T19:07:00.000+04:00Speaking of banks (and my dad is a banker), what d...Speaking of banks (and my dad is a banker), what do you guys think of the NBD/EBI merger? Or is it an acquisition in disguise (NBD is doing all the talking while EBI is taking a backseat)?<BR/><BR/>It's very interesting because NBD is terribly conservative whereas EBI is extremely aggressive. How do you bring two very different strategies under one roof? Who makes the rules?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-15456688.post-17529777640803858722007-04-09T16:30:00.000+04:002007-04-09T16:30:00.000+04:00Most UAE based banks are owned by families who con...Most UAE based banks are owned by families who control who get credit and its nothing but nepotism in there when it comes to financing projects... Nothing has changed. Thats what happens when there is no oversight, and the ones making the rules are the ones who have to play by them.<BR/><BR/>-Someone who works for one such bankAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-15456688.post-22644461471692515922007-04-09T11:58:00.000+04:002007-04-09T11:58:00.000+04:00...and now you know why blogs are an 'alternative'......and now you know why blogs are an 'alternative' information source. Anything the blogger likes to put up, spin it any way you like.<BR/><BR/>"...(the bank was set up with) the support of Sheik Zayed bin Sultan al Nahyan, ruler of Abu Dhabi and head of the United Arab Emirates. Its corporate strategy was money laundering."<BR/><BR/>Alternative titles, anyone?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-15456688.post-80633826159232315912007-04-09T11:46:00.000+04:002007-04-09T11:46:00.000+04:00My Dad worked in this bank for 18+ years... in a c...My Dad worked in this bank for 18+ years... in a clerical job in the Sharjah branch. <BR/><BR/>When the bank closed in 1991, he lost his job and no bank would touch him because of the black mark of 'fraud', even though, as simply an employee, he had no idea what the bank bigshots were upto !<BR/><BR/>So here's a Curse to the fraudsters: May they rot in hell forever.Ahsan Alihttps://www.blogger.com/profile/00292662384634151668noreply@blogger.comtag:blogger.com,1999:blog-15456688.post-12084144740146189272007-04-09T11:06:00.000+04:002007-04-09T11:06:00.000+04:00an oil free business!an oil free business!Anonymousnoreply@blogger.com