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Biggest bank in the country mistakenly transfers $34 billion to customer

Biggest bank in the country mistakenly transfers $34 billion to customer

A bank has erroneously transferred $34 billion to a customer in a routine operation, more than the entire bank is worth.

The Deutsche Bank in Germany which is considered to be the biggest bank in Germany on Friday admitted the error.

The unprecedented mistake happened on March 16 when Deutsche Bank carried out a transfer to an account at Deutsche Boerse’s Eurex clearing house, a spokesman told AFP.

The operation was meant to involve a far smaller sum, which the bank has not revealed, and highlights IT and control issues at the banking giant.

Accounting errors happen most days, but the sum involved in this case is highly unusual and even exceeds Deutsche’s market capitalisation of 24 billion euros.

The incident, which came shortly before John Cryan was ousted as chief executive, was quickly fixed and no harm was done, the institution said.

But it raises questions about the risk management and control processes wi…

What To Do When You Like A Girl Who Has A Boyfriend

So you found the perfect girl. She is smart, funny, caring and beautiful. It’s like you hit the jackpot, right? But there is one silly little problem… She has a boyfriend.

Well that certainly makes it hard to make her yours, doesn’t it? That is the ultimate bummer.

However, not all hope is lost. There are a lot of things to keep in mind when you start having a crush on a girl in a relationship.



You may want to think about whether or not you are morally okay with destroying an existing relationship or if you are truly in love with her and you’re willing to do anything to be with her.

Step One: Identify Her Importance To You

You can’t just go around tearing relationships apart for the fun of it. You would not be a good person if you were doing that, anyone will tell you so. Except maybe sociopaths. So think about how much she means to you. How long have you known her? If she is a stranger and you barely held a conversation, it’s best for you to just move on. Leave them alone. You don…

BREAKING: Gun duel, Benue police shoot down fulani herdsman

The Benue State Command of the Nigeria police says it had engaged some herdsmen in a gun duel in Ayilamo, Logo Local Government Area (LGA) of Benue state and killed one of the herdsmen in the process.

The police said it was also able to recover an AK 47 from the herder with some rounds of ammunition.State Police Commissioner,Fatai Awoseni, who disclosed this while parading some suspects in Makurdi on Tuesday said it was also able to arrest a mole who have been feeding the herders with information that has helped them in the attacks.

Details later…….

THE FULANI INVASION OF NIGERIA, THEIR HISTORY, THEIR INTENTIONS, MUHAMMADU BUHARI AND UMAR MUHAMMED LABDO (PART 2). Interview by Femi Fani-Kayode

What do you think about their leadership qualities?

There is something very interesting that Napolean Bonaparte, the greatest Emperor and leader that France ever had, once said about the British cavalry.

I believe it was at the Battle of Waterloo. He said that the British had “the best cavalry in Europe” but that it was “the worst led”.

This describes the Fulani very well. They are a wonderful people who are courageous in battle, fearless and disciplined. They are also deeply loyal to their friends and bitterly ruthless and ferocious with their enemies, never forgetting a favour or a slight.

However sadly their traditional institutions and poitical leadership encourages and sustains a feudal system which frowns on education for the ordinary people and which keeps them in darkness and bondage. Worst still they have a rigid class system which does not serve them well.

That is why the great Hausa leader from Kano, Mallam Aminu Kano, once said that until all the Fulani Emirs were removed…

APC Has Failed Nigerians – Tinubu

The National leader of the All Progressives Congress (APC), Asiwaju Bola Tinubu, admitted that the ruling party has failed to meet the expectations of Nigerians after almost three years in office.

He also said that the goodwill which it enjoyed during the 2015 general elections and the inauguration of the Muhammadu Buhari’s administration had been squandered.

Tinubu therefore concluded that the APC has a lot of work to do to regain public confidence and solidarity before the 2019 general elections.

The former Governor of Lagos State bared his mind on the state of the party on Wednesday in Abuja when he held a closed-door meeting with the National Working Committee (NWC) of the party at its secretariat.

The meeting was Tinubu’s first since Buhari appointed him to reconcile all the feuding leaders of the APC in various states of the federation.

In his down to earth assessment of the APC, Tinubu said that the party had faced several challenges since it took over power in 2015, stressing…

AMAECHI’S FRAUD EXPOSED

The Minister of Transportation and the former governor of Rivers State, Rt. Hon. Chibuike Rotimi Amaechi fraudulent act while as the governor of the state been exposed.

The exposure was made when the ragtag INCRA urchins of APC that are loyal to the transport minister was sent to attack the Senate His Excellency Dr. Bukola Saraki by Amaechi, unknowingly they ended up exposing the fraudulent act of the minister.

In a bid to cast aspersions on the Senate President for his tongue lashing of the minister,  the APC urchins shot the minister on the foot when they reminded Dr. Saraki how Amaechi awarded contracts to build 105 health centers across the state to Saraki.

Recall that Senator Dr. Saraki during the thanksgiving service in honour of Senator Magnus Ngei Abe, took a swipe at Amaechi saying that Amaechi wouldn’t have been a minister if not for Abe and wondered why Amaechi is fighting Abe and causing disunity in Rivers State APC.

This action by the Senate President infuriated Amaechi …