CareersNG

See, I'm tired of this academic exercise. Whether he be accountant or not or what the law has to say is of less importance. What lessons are we as future or better still present leaders have to learn from his ordeal.

We should not make a feast over a man's fall let alone fight. We are all intalectuas(sic).


switmoi you too know book. I no fit stand you for debate o. You are a great guy!


1 love!!!!

Datola, yap.
Lets try as much as posiible to see the neccesary learning points from this present situation.
Whether Bunmi Oni is right or not . The obvious truth is that there was a mistake (deliberate or not) made on his part.
As future CEO what are the learning points?

_________________
If what you did yesterday still looks big to you, you haven't done much today .
......Mike Bertola.

switmoi...u've seriosly displayed ur sagacity...carry went...we dey listen ..

_________________
In Life's Pursuits, Never Outrun God [Prov. 19:21]
1luv...

Thanks Bros Jiggo!

Only that now, I've made a decision to blog less as some forumites see me as an 'untamed' blogger. Anyway, I dey CareersNG back like rock. I dey 'patrol department' now.

Ciao!

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No matter how 'elephant' big reach, e no fit cause earthquake!

Quite unfortunate for this NEWS flying around
like a bad egg. I am of the opinion that
whatever a man sows, in no time, he will
definately reap it. The secret that nobody should
know.......may seem so - may be at present
but definately with time it would become an
open secret like the one we are discussing today.

I (use) admire Mr. Bunmi Oni, I am not mistaken when i
say this. Most multinationals in Nigeria rarely have
a Nigerian as the CEO; but for him to have led
Cadbury for some years now....strikes or struck me
that he has some STUFF. More than all these, I have listened
to this man in Seminar; except he is not true, this report
contradicts his Values, Beliefs, Ideology and Identity.

It was shocking very shocking; I am yet to believe its TRUE
or its FALSE. Not too good at throwing stones, but i
definately know that "THE TRUTH CAN NOT HIDE FOREVER"
If BUnmi IS GUILTY, this punishment and many more to come
will serve him right and as a deterrent to others, but if he
IS NOT GUILTY, he will walk out of this shame triumphantly.

_________________
Focus on the FUTURE

I say big AMEN to that

_________________
If what you did yesterday still looks big to you, you haven't done much today .
......Mike Bertola.

The late Rufus Giwas was said to be guilty of the same offence during his reign at Lever Brothers just that he had left before the bubble burst. He was highest payed Nigerian then declaring huge profits which were later found to be faulse. "Uneasy lies the head that wears a crown" is a popular adage. And also, "ojo gbogbo n to'le ojo kan ni t'o ni wun" (everyday is for thief, one day is for the owner) meaning that, it is difficult at times to achieve so much in Nigeria without having your hands soiled, it is possible to lie and deceive for a long time without people knowing but one day it will come to the open, respectively.

We are concerned because he has been a 'good' role model to many of us, home and abroad. Let's assume he's guilty of the offence does he stop being a role model?

_________________
In Life's Pursuits, Never Outrun God [Prov. 19:21]
1luv...

_________________
Focus on the FUTURE

_________________
In Life's Pursuits, Never Outrun God [Prov. 19:21]
1luv...

Well, the possbility of a frame up is slim going by the culprit's silence and the calibre of the audit firm involved. The writer of the Guardian article wrote about some technicalities that bother on local Accounting Standards vs International Accounting Standards. He said in essence that may be the international standards used by Cadbury Shwepps might be the cause of the discrepancy, and hence, the problem.

Let the accussed speak and VERY IMPORTANTLY too, the accounting firm of Akintola Williams Delliot. The names involved are too big. We await the investigations of our local Accounting Standards Board too.

This is an ample opportunity for journalists to engage in investigative journalism to unravel the mystry. All and sundry aspiring to be CEO should be interested in this case.

Silence or not, he doesn't have to speak to the press about a matter under investigation. You're not more interested in this issue that anyone else. Even Nigerian investors in diaspora are quite interested too.

NASB had announced a possible convergence of our Accounting Standards with the IAS. A difference in such could be responsible for the 'discrepancies'.

Imagine that Cadbury Nigeria had all this while assured Cadbury Schwepps of the adoption of IAS in the preparation of their financial statements before they were prompted to pump in an 'interest free' form of finance in terms of acquisition of equities, and later got to find out that they were misled in making such decision? It may be the reason for their actions. They need to protect their investments. Wouldn't you do the same?

NASB had been on in the investigation even before it came to light, why have they not come out with 'results'? ICAN had 'stepped in', what is the result? Our journalists had been publishing a story that had been attracting sales, is journalism all about sales of publications?

Even if the case is ruled against him [Bunmi Oni], he has the right to appeal to the Supreme Court.

Not until he is found guilty, lets not cast 'stones'.

Ps: The case could take years to be duly adjudicated. Let's keep our fingers 'crossed'.

_________________
No matter how 'elephant' big reach, e no fit cause earthquake!

It might interest u to know that....this foreign guys have no regards for our CEOs again...no more indigenous CEOs..
Vivid examples are CAdbury, UNILEVER, Nestle, Guiness, NB Plc, Glaxosmithklime...who have expartriates as their new CEOs...
Infact expartriates replaced Bunmi Oni and Akadiri (the finance Director, Cadbury)...so wat way out?
E be like say na Mobil still upohold the indigeous stuff...

_________________
In Life's Pursuits, Never Outrun God [Prov. 19:21]
1luv...

Switmoi! The matter has been investigated by Price Water House, the same firm with a media outfit that awarded him CEO of the year months back and the results out, as far as Cadbury is concerned. That's why he was sacked. When it was first discovered he was suspended.

He cannot appeal to supreme court because he was not found guilty by any law court. He can only sue his fomer employer. And in any case, Supreme Court is not the first court to go. It has only appealate jurisdiction exept in a case involving governments (states/and or federal).

Jiggo, thank you for that fact about those companies cleverly replacing nigerian CEO with their citizens. If we do not wake up they will 'recolonize' us again. President Obasanjo should see this beacuse he once sent them packing.

It is well, lets watch it...
na wah for PWC sef

_________________
In Life's Pursuits, Never Outrun God [Prov. 19:21]
1luv...

Did you hear that both Bunmi Oni and Akadiri, the former CEO and his Finance director had been banned from managing any quoted firm in Nigeria by the NSE?

The DG, NSE slammed the ban for their involvement in the "Cadbury scandal' whether the'd be found guilty or not.

Imagine ...

_________________
No matter how 'elephant' big reach, e no fit cause earthquake!

chai!!! these folks' careers r almost finished o

_________________
In Life's Pursuits, Never Outrun God [Prov. 19:21]
1luv...

U said almost? Even if they own companies, their companies cannot be listed on the floor of the exchange.

Its quite unfortunate. A collosal downfall!

_________________
No matter how 'elephant' big reach, e no fit cause earthquake!

A case of from grace to grass? But they should temper mercy with justice especially with Bunmi Oni having contributed so "positively" to the Nigerian economy.

Yea, they should please temper justice with mercy.

_________________
If what you did yesterday still looks big to you, you haven't done much today .
......Mike Bertola.

pls..say it again for dem to hear o....and many people still dey do am for coys..wey dem neva catch o!!!

_________________
In Life's Pursuits, Never Outrun God [Prov. 19:21]
1luv...

Check today's Guardian for Cadbury's response to the Guardian editorial of last week on the issue.

http://www.guardiannewsngr.com/editoria ... /article03