Societe Generale opens East Legon branch

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• c.stephen sackey. 8 years ago

  Isn't this the same bank which played the country for suckers which resulted in a judgement debt of $19.5M?
  
  They served as an investment advisor for that arrogant Tsikata on a futures trading strategy and then turned aroun ...
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  Isn't this the same bank which played the country for suckers which resulted in a judgement debt of $19.5M?
  
  They served as an investment advisor for that arrogant Tsikata on a futures trading strategy and then turned around and counter-partied the opposite position.
  Of course they won the "bet". For, I strongly believe that they had inside information on the production volume of the oil which was being traded on either COMEX.
  In futures trading, the commodity is rarely delivered, it's settled and that's how Tsikata got the country into debt.
  So, here they are . Good corporate citizens; opening a branch office to , among others, finance car purchases and also sell comprehesive auto insurance which would indemnify them in case of an accident. It's the classic head you win and tail you win.
  Statutory regulation in ther home country would never allow this type of double dipping, but there you see the great John Kuffour cuting the "tape."
  
  How could they ever go wrong in Africa?

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