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Article: Indian businessmen among Nigerian bank debtors.

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PTI - The Press Trust of India Ltd.
Article date:
October 16, 2009
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Indian businessmen among Nigerian bank debtors

Abuja, October 16, 2009 (PTI) - Two Indian businessman, fighting against their deportation from the country, have been listed among the debtors to Nigerian banks in an advertisement by the West African central bank Thursday.

Sunil and Haresh Vaswani, who own a firm Premium Seafoods in the country, have been listed as owing USD 19 million to Equitorial Trust Bank (ETB) which was recently declared bankrupt by the Central Bank of Nigeria (CBN).

The current list is the second to be published by the regulatory body and estimates the total debt to be around USD 2.9 billion.

The debts spread ...

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