CRISIS ROCKS FIRST CITY MOMUMENT BANK`S ANNUAL GENERAL MEETING

Sunny Nwosu in black cap pacifying the young man who wanted the annual general meeting stopped until shareholders were given their packs

About three minutes into the 29^th annual general meeting of First City Monument Bank which was held at the Muson Centre in Onikan Lagos Nigeria on May 21, 2012, and presided over by the Bank`s Chairman, Jonathan Long, a young man in the audience stood up in anger and ordered that the meeting should be stopped. The Chairman pretended not to hear and the young man kept shouting at the top of his voice to an extent that he got recognition from top shareholders like Sunny Nwosu and others who actually pacified him in other to allow the meeting hold.The reason for the young man`s anger was the fact that most shareholders were outside the meeting hall queuing to collect the Bank`s branded bag containing a take away pack that was meant for shareholders. These shareholders should be present in the meeting before the meeting can commence he argued. After some few minitues, he was pacified with array of packs and the meeting continued leaving behind shareholders who had no voice at the entrance of hall to battle for the pack which at the end did not go round.   

  

Shareholders battling to collect their packs

Group Managing Director of FCMB Ladi Balogun Left and Jonathan Long Chairman of the Bank who despised the order of the young man who wanted the meeting stopped until shareholders queuing outside for packs are settled, at the 29th annual general meeting of the Bank which took place at Muson cenre Onikan Lagos Nigeria on May 21, 2012