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A cautionary tale for African banks

机译:非洲银行的警示故事

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The controversy that has dogged pan-African lender Ecobank in the past nine months has shaken it to its core. In March 2014, Thierry Tanoh, its chief executive, was forced to stand down in what was the latest and, Ecobank shareholders wDl hope, possibly the last in a series of events that has dented the institution's credibility. The most contentious issue leading to his standing down was related to claims made last year by Laurence do Rego, Eco-bank's then-suspended head of finance. She said she was pressurised to manipulate the bank's 2012 results and write-off loans owed to its Nigerian subsidiary by a family company of Kolapo Lawson, Ecobank's chairman. Mr Tanoh and Mr Lawson both deny any wrongdoing. But the outcome of the saga is that they have lost their jobs, while Ms do Rego, who was suspended for having false qualifications, an allegation she disputed, has been reinstated at the behest of Nigeria's capital markets regulator.
机译:在过去的九个月中,困扰泛非贷款机构Ecobank的争议已将其摇摇欲坠。 2014年3月,其首席执行官蒂埃里·塔诺(Thierry Tanoh)被迫下台,这是最新的一次,而Ecobank股东则希望,这可能是一系列损害机构信誉的事件中的最后一次。导致他下台的最有争议的问题与去年由当时暂停的生态银行财务负责人劳伦斯·雷戈(Laurence do Rego)提出的索赔有关。她说,她被迫操纵该银行2012年的业绩,并注销了Ecobank董事长科拉波·劳森(Kolapo Lawson)的家族公司欠尼日利亚子公司的贷款。 Tanoh先生和Lawson先生均否认有任何不当行为。但这一传奇的结果是,他们失去了工作,而雷戈女士因尼日利亚的资本市场监管机构的要求而被复职。雷戈女士因虚假资格而被停职。

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    《The banker》 |2014年第1059期|6-6|共1页
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