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Stick all your money in the First Bank of Nigeria

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Comments

  • isofa
    isofa Posts: 6,091 Forumite
    FirstSave discussion thread here: http://forums.moneysavingexpert.com/showthread.html?t=688527

    Agree with phil7445 - nice to see someone else considers the moral aspects too.
  • Jonbvn
    Jonbvn Posts: 5,562 Forumite
    Part of the Furniture 1,000 Posts
    phil7445 wrote: »
    Despite the FSA safeguards and Banking Code membership I would never put my money in a Nigerian bank as their lack of human rights is disgraceful.

    Well I guess I will have to keep all my money under my bed, since I currently bank with HSBC, whom as you are probably aware have very strong connections with China. China's human rights record makes Nigeria look like a bastion of virtue.;)
    In case you hadn't already worked it out - the entire global financial system is predicated on the assumption that you're an idiot:cool:
  • phil7445
    phil7445 Posts: 485 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Hmm! My current account is with A&L who pay 6.5% interest. I don't have any issues with the UKs human rights policies!!
  • Jonbvn
    Jonbvn Posts: 5,562 Forumite
    Part of the Furniture 1,000 Posts
    phil7445 wrote: »
    Hmm! My current account is with A&L who pay 6.5% interest.

    On the first £2.5k only - hardly earth shattering!
    In case you hadn't already worked it out - the entire global financial system is predicated on the assumption that you're an idiot:cool:
  • phil7445
    phil7445 Posts: 485 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    True. I did say "current" account. My savings are with ICICI HiSave account. I hope they are ok to save with!
  • Jonbvn
    Jonbvn Posts: 5,562 Forumite
    Part of the Furniture 1,000 Posts
    phil7445 wrote: »
    True. I did say "current" account. My savings are with ICICI HiSave account. I hope they are ok to save with!

    India is better than some, but the caste system is a serious afront to human rights IMHO.

    However the above is somewhat immaterial, and I hope you now understand my original point.
    In case you hadn't already worked it out - the entire global financial system is predicated on the assumption that you're an idiot:cool:
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