B

NON-PERFORMING LOANS FOR SPRING BANK

ACCOUNT NUMBER

ACCOUNT NAME

BAL AS AT 30-09-09

SECURITY

DIRECTOR

ADDRESS

PROMOTER

S/N

1601001010341

NETLINK DIGITAL TELEVISION

                                            4,821,168,438.27

 C of O registered FE31/31/30 over property at Wuse II, Abuja (being re-certified)

OTUNBA FASAWE

Plot 555,  Adetokunbo Ademola Crescent, Wuse Abuja

OTUNBA FASAWE

1

1601001010688

MOFAS SHIPPING LINE NIG- A/C 2

                                            3,053,633,054.57

 LIEN ON N5M FIXED DEPOSIT,UNLIMITED PERSONAL GUARANTEE OF THE COMPANY'S DIRECTORS AND LIFE INSURANCE POLICY OF TWO DIRECTORS OF THE COMPANY WITH PREMIUM PAID FOR THE PAST THREE YEARS

OTUNBA FASAWE

10, Oyekan Road, Apapa

OTUNBA FASAWE

2

0011001024030

BAYWOOD CONTINENTAL LIMITED

                                            2,743,349,386.22

 1. OWNERSHIP OF EQUIPMENT ON LEASE. (2) DOMICILIATION OF PAYMENT (3) ALL ASSET DEBENTURE

CHRIS BAYWOOD IBE AND PROF PAT UTOMI

72, OLORUNLOGBON STR., ANTHONY VILLAGE, LAGOS

CHRIS BAYWOOD IBE

3

1511001000102

WATYEM-DKS ENTERPRISES LIMITED

                                            2,556,930,297.06

 Debenture over assets of Watyem.  Perfected Legal Mortgage over property at Ijapo Housing Estate, Akure, Ondo State.  Perfected LM over property at Plot 12, Block E, Matori Ind. Estate (sold)

SEGUN OSINUGA

1 Kayode Street, Onipanu, Ikorodu Road Shomolu

SEGUN OSINUGA

4

0721001006025

NATIONAL SPORTS LOTTERY LTD.

                                            2,369,131,266.17

a) Assignment of lottery license to the bank b) Executed LM on property at Adeola Hopewell VI Lagos valued N530M C) Executed LM on property at Ilupeju valued at N700M OMV and N500M FSV d) Executed LM on property at Anifowose st Lagos valued N500M e) PG of Chief Kola Daisi to the tune of N1.33B F) PG of Noel Okorogu to the tune of N40M g) Lien on Spring bank shares belonging to Chief Kola Daisi, Urphingham WA and Daks investment of 322,549,316 units (worth about N1.9B at N5.90/share h) Assignment of shipping document to Springbank i) Direct domiciliation of premier lotto monthly sub franchise royalty of N50M to Springbank j) Debenture on the coy fixed and floating assets k) Lien on 40M NSL shares valued N640M at N16/share

Chief Kola Daisi (Chairman) and

2, Oju-Olobun Close, Victoria Island, Lagos.

Dr. Odunlanmi Daisi (Director)

5

0161601000897

METTLE ENERGY & GAS LIMITED

                                            2,065,661,421.09

Irrevocable undertaking from Mobil to domicile all Nadabo receivables (both foreign and local to Springbak, Personal guarantee of chairman - Senator Nuhu Aliyu and one other Director for 130% of facility amount each

CHIEF TONY ANENIH AND OSAHON ASEMOTA

30, BOURDILLON RD., IKOYI

OSAHON ASEMOTA

6

1441801000046

NATIONAL SPORTS LOTTERY LTD.

                                            1,752,069,645.19

 AS ABOVE

Chief Kola Daisi (Chairman)

2, Oju-Olobun Close, Victoria Island, Lagos.

Dr. Odunlanmi Daisi (Director)

7

0721001015421

IBETO CEMENT COMPANY LIMITED

                                            1,710,336,509.12

 (a) Legal Mortgage over 3 property at C83 Amuwo Odofin,  Scheme measuring 1.420 hectare, 1.307 hectare & 2.038 acres.   (d)  Personal guarantee of C.M. Ibeto.                      (e)  Simple deposit of Building C of O of property at Nnewi

CHIEF CLETUS IBETO

60-61 Igwe Orizu Road, Nnewi

C.M. Ibeto, F.N. Ibeto, C.C. Ibeto, and O.U. Ibeto & O.M. Ibeto

8

0342301000986

FRAMAN ENTERPRISES NIG LTD.

                                            1,619,117,307.86

 C of O registered over property at Admiralty Road, Lekki (sold)

EMEKA MBA

8 DOCEMO STREET LAGOS

EMEKA MBA

9

0721001012275

VICTORIA CON. INT. (NIG.) LTD.

                                            1,589,076,946.68

 Ownership of properties to be purchased valued at N690m, PG of MD/CEO

Chief Kola Daisi (Chairman) and

2, Oju-Olobun Close, Victoria Island, Lagos.

Dr. Odunlanmi Daisi (Director)

10

1447001000019

NSL LOTTERIES MANAGEMENT LTD

                                            1,479,913,736.58

 AS ABOVE

Chief Kola Daisi (Chairman) and

2, Oju-Olobun Close, Victoria Island, Lagos.

Dr. Odunlanmi Daisi (Director)

11

0012301007370

ERES N V (NIG ) LTD

                                            1,413,131,627.73

 Personal Guarantee of the Chairman, Chief P.O. Akinyelure

EDDY VAN DEN BROEKE

10A COOPER RD., IKOYI

ALEXANDER DAVIES

12

1601001010387

TRANSVARI SERVICES LTD

                                            1,409,529,544.68

 Shipping Documents, Domiciliation of contract proceeds,           unlimited PG of 2 directors & property at 7, Negro Crescent, Maitama Abuja

Otunba Oyewole Fashawe

Suite 617/619 Nicon Hilton Hotel Abuja

Otunba Oyewole Fashawe

13

0392301000185

GENPROGETTI NIG LTD

                                            1,407,783,959.55

 (a)  Warehouse agreement (b)  Counter Indemnity       ©   Domiciliation Agreement between Rivers State Government & Omegabank

MR E. BUSCAGLIA

25, ABA ROAD, PORT HARCOURT

CHIEF NNAMDI O. OKOYE

14

0342301001198

OLLIMASA NIG LTD(ACCOUNT 3)

                                            1,294,963,603.50

 LM on 15, Durosimi Street , Somolu, C/O 22/22/2001E

PAUL AKINNUBI (LATE)

0

PAUL AKINNUBI (LATE)

15

0161001008878

IBETO PETROCHEMICAL INDUSTRIES

                                            1,156,596,214.03

 (a) Legal Mortgage over 3 property at C83 Amuwo Odofin,  Scheme measuring 1.420 hectare, 1.307 hectare & 2.038 acres.   (d)  Personal guarantee of C.M. Ibeto.                      (e)  Simple deposit of Building C of O of property at Nnewi

CHIEF CLETUS IBETO

4A Adeola Hopewell Street, VI

C.M. Ibeto, L.C. Ibeto, C.C. Ibeto, and Charles Okonkwo

16

0721001009129

RITETIME AVIATION &TRA.SER.LTD

                                            1,147,644,731.83

 Perfected Legal Mortgage over property at 8, Iya-Rere Close, Aguda, Surulere.  All Assets Debenture.     Memorandum of Loss registered 99/99/2077 over property at Plot No. 15, Block 78 Lekki Peninsula Residential Scheme, Lagos

Dr O. Peter Obafemi

City Express Bldg, Plot 1637, Adetokunbo Ademola Street, V/I

Dr O. Peter Obafemi, Henry Seymour, Dr Onaolapo Soleye

17

0721001012150

FLEET STREET INV. LTD.

                                            1,136,869,446.00

 Lien on Building Materials Purchased, Deed of assignment of 50 plots of land on Beach Resort estate & PG of MD/CEO

Chief Kola Daisi (Chairman) and

2, Oju-Olobun Close, Victoria Island, Lagos.

Dr. Odunlanmi Daisi (Director)

18

0161001010484

FAMSUMBEN (NIG.) LTD.

                                            1,007,593,686.86

LM a property at Agodi GRA Ibadan.  b)  P/ G of Reuben Famuyibo with a C of O regd as 55/66/3271, Ibadan   Custody of C of O regd as 38/38/3036, Ibadan  (d)  Simple deposit - letter of allocation IRO a property at Gaduwa, Abuja.   (e)  Affidavit of consent to mortgage property registered as 38/38/3036, Ibadan        

OTUNBA REUBEN FAMUYIBO

EQUIPONIC HOUSE, RING ROAD, IBADAN

OTUNBA REUBEN FAMUYIBO

19

1511001000096

BATRACO LIMITED. PLOT 5-7,PRIN

                                                954,763,745.50

Mortgage Debenture registered as 26/26/763 over property at Plot 6 & 7 Prince Adedeji Adesida Residential Layout, off Ogeweleun road, Akure.  Perfected Legal Mortgage over property at Plot 4B Chief Adedeji Okubadejo Layout, Idi-Esu, Ijebu Road, Ibadan.  Deed of Assignment registered 49/49/3069 Ibadan over property at Plot 4B Chief Adedeji Okubadejo Layout, Idi-Esu, Ijebu Road, Ibadan. C of O registered 18/18/530 Akure

OLATUBOSUN ASHIRU

Plot 5-7 PR Layout Behind Ministry of works

OLATUBOSUN ASHIRU

21

0731601000684

FIRST DEEP WATER DISCOVERY LTD

                                                915,577,084.88

 THIRD PARTY LEGAL MORTGAGE ON A PIECE OF LAND MEASURING 35 HECTARES LOCATED AT LEKKI PENISULA WITH A CURRENT MKT PRICE OF N3.14BILLION

KUNLE ADENIJI

37, OGUNLANA DRIVE SURULERE

BABATUNDE BABALOLA

22

0017001005937

PETRO-LOGISTICS LIMITED

                                                908,191,413.53

Dr. Ugoji Egbujo

30A, Shokoya Close, Off Castle and Temple Drive, Lekki, Phase 1, Lagos

Shakir Olowu

23

0161601001601

MULTIBOND UNIVERSAL SERVICES L

                                                905,375,013.86

Acceptable of Bank guarantee or irrevocable domiciliation of payment from acceptable counterparty (ies) and Joint and several guarantees of Directors

KUNLE ADENIJI

37, OGUNLANA DRIVE SURULERE

BABATUNDE BABALOLA

24

0241001016182

LINLAND NIG. LTD

                                                904,191,597.89

(a)  Executed but unperfected deed of assignment in respect of land situate lying and being at Mebamu Village along Badagry Road, Lagos State in favour of Linland Nig Ltd.  (b)  Purchase receipt of parcel of family land at Mebamu, Badagry Road, Badagry in Lagos                            (c)  Registered fixed and floating debenture to the tune of N150 million 2 nos. stainless steel lank of 10,000 litre each, 4 nos. stainless steel tanks of 5,000 litres each.  Manufacturing plant carbonation & filling equipment                        (4)  Ongoing perfection of legal mortgage over customer's property in Osisioma Industrial Estate, Aba (near Completion) (original C of O in place)    (5)  Executed deed of power of attorney in respect of 4.

LINUS NWANEMOUGH

10TH FLOOR, FORESHORE TOWERS, 2A, OSBORNE RD, IKOYI

25

1291001031022

OMEGA SUNSHINE VENTURES LTD

                                                902,494,189.49

 vesting Deed over Erekesan market, Akure in favour of Omega Sunshine International Ventures Ltd. (b)  Guarantee of Ondo State Government.

SPRING BANK

Pc 1, Engineering Close, V/I

TOLU FADAHUNSI

26

0161601001502

SOMERSET ENERGY SERVICES LIMIT

                                                891,954,546.07

 WAREHOUSING AGREEMENT

GLADYS AMAEFULE

307, ADEOLA ODEKU ST. VI

WALTER OMAGBITSE

27

0161001009309

SOLGAS ENERGY NIGERIA LTD.

                                                873,888,266.14

 Corporate Guarantees of ROE Nig.Ltd & Solgas Energy Ltd U.S.A; P/G of promoters;  

SEUN OYEFESO

0

MS ABIOLA IGE

28

0017401000213

BERACAH LUBRICATIONS NIG. LTD

                                            1,123,149,469.29

Mr. Sola Oluwadare

27A, Marine road, Apapa, Lagos

Mr. Sola Oluwadare

29

1531001004306

INTEKNO (NIG.) LTD

                                                821,096,144.02

 All Asset Debenture inclusive of property at Elepu, Ijaye Road, Ibadan.  (Account under litigation).

31

0801001000743

DEEP SEA OIL & GAS LTD

                                                803,251,005.17

UNCONDITIONAL PG OF DR STEVE ITELIMA MD/CEO. LIEN OVER N5M DEPOSIT TO BE MADE BY CUSTOMER. HYPOTHECATION OVER 50% OF ADVANCE PAYMENT FROM DBN AND MOBIL. IRREVOCABLE DOMICILIATION LETTERS TO DBN AND MOBIL INSTRUCTING BOTHB COMPANIES TO MAKE ALL PAYMENTS DUE THE CUSTOMER DIRECTLY TO AN ACCOUNT DESIGNATED BY THE BANK. LEGAL OWNERSHIP BY THE BANK OF THE TWO TUGBOATS AND ANCILLARY EQUIPMENT BEING FINANCED WITH THE TERM LOAN. MARINE INSURANCE OF THE EQUIPMENT, NOTING FTB AS FIRST LOSS PAYEE

DR STEVE ITELIMA

26, OKOROJI ST., D/LINE. PORT HARCOURT/5, NDAHBROS CLOSE, TRANS AMADI LAYOUT PORT HARCOURT

DR STEVE ITELIMA

32

0432301000225

IBETO PETRO-CHEM.IND.LTD (WARE

                                                720,026,966.26

(a) Legal Mortgage over property at C83 Amuwo Odofin, Commercial Scheme measuring 1.420 hectare.       (b) Legal Mortgage over property at Amuwo Odofin commercial Scheme measuring 1.307 hectare.       © Legal mortgage over property at Amuwo commercial scheme measuring 2.038 acres.          (d)  Personal guarantee of C.M. Ibeto.                      (e)  Simple deposit of Building C of O of property at Nnewi

CHIEF CLETUS IBETO

4A Adeola Hopewell Street, VI

C.M. Ibeto, L.C. Ibeto, C.C. Ibeto, and Charles Okonkwo

35

0342301001240

OLLIVEE PETROCHEMICAL INDS. LT

                                                690,053,099.76

 THIRD PARTY LM, OBSOLETE MACHINERY AND EQUIPMENT

PAUL AKINNUBI (LATE)

0

0

37

0161001007189

BRILA ENERGY LIMITED

                                                648,658,360.91

Shipping Documents in Bank's name. Confirmed LC FOR $7M

JUBRIL ROWAYE

10, AERODROME ROAD, APAPA

JUBRIL ROWAYE

38

1111001003149

GENPROGETTI NIGERIA LIMITED

                                                645,439,382.33

 OWNERSHIP OF THE EQUIPMENT ON LEASE BY FTB (2) UNCONDITIONAL AND CONTINUING PERSONAL GUARANTEE OF TH MD/CEO (3) THIRD PARTY INCHOATE LM ON PLOT 197 TRANS AMADI LAYOUT PH VALUED AT N8.5M (4)IRREVOCABLE DOMICILIATION OF CONTRACT PROCEEDS

MR E. BUSCAGLIA

25, ABA ROAD, PORT HARCOURT

CHIEF NNAMDI O. OKOYE

39

0012301001668

SECPOINT NIGERIA LTD

                                                644,901,654.88

JOSEPH IYAMABO

234, MURI OKUNOLA STR., VI

A.E. IYAMABO

40

0801001000309

GENPROGETTI NIGERIA LIMITED

                                                638,163,900.84

 OWNERSHIP OF THE EQUIPMENT ON LEASE BY FTB (2) UNCONDITIONAL AND CONTINUING PERSONAL GUARANTEE OF TH MD/CEO (3) THIRD PARTY INCHOATE LM ON PLOT 197 TRANS AMADI LAYOUT PH VALUED AT N8.5M (4)IRREVOCABLE DOMICILIATION OF CONTRACT PROCEEDS

MR E. BUSCAGLIA

25, ABA ROAD, PORT HARCOURT

CHIEF NNAMDI O. OKOYE

41

0161001012224

GUARDIAN EXPRESS TRUST LTD [ G

                                                633,255,658.22

 Partly Equity investment in CSCS

SPRING BANK

143, Ahmadu Bello Way, VI

SPRING BANK

42

0161601001571

TAMPETRO NIGERIA LIMITED

                                                629,471,885.34

ALH ABUBAKAR SHEU TAMBUWAL

0

0

43

0011001007316

OLFEM NIGERIA LIMITED

                                                620,705,009.90

 Tripartite Warehousing Agreement

OSUNSAKIN JULIUS OLUFEMI

22, KOFO ABAYOMI STREET, APAPA/ 4, BURMA ROAD, APAPA

MISS BIMBOLA OSUNSAKIN

44

1441001001079

MOJEC (INT.) LIMITED

                                                614,202,687.02

(1)  Deposit of Certificate of      Occupancy No:61/61/1991F in respect of property at Aguntasholo Street Ijeshated, Lagos.  (2)  Legal mortgage over Property situate at Plot 24 Block M Isolo (244/246 Apapa - Oshodi Expressway) C of O No: 32/32/1991AG. Valued at N120m.                 

Chief (Mrs) A.M. Abdul

Plot 244/246, Apapa-Osodi Exp., Lagos

Chief (Mrs) A.M. Abdul

45

1521001003285

GOLDLINE AGRIC PROCESSOR LTD.

                                                611,628,646.21

 Stock Hypo., P/G of Promoter

CHIEF ADEYEMI BENJAMIN

34/36 Burma Road, Apapa

CHIEF ADEYEMI BENJAMIN

46

0161001008869

IBETO PETROCHEMICAL INDUSTRIES

                                                601,554,381.90

(a) Legal Mortgage over property at C83 Amuwo Odofin, Commercial Scheme measuring 1.420 hectare.       (b) Legal Mortgage over property at Amuwo Odofin commercial Scheme measuring 1.307 hectare.       © Legal mortgage over property at Amuwo commercial scheme measuring 2.038 acres.          (d)  Personal guarantee of C.M. Ibeto.                      (e)  Simple deposit of Building C of O of property at Nnewi

CHIEF CLETUS IBETO

4A Adeola Hopewell Street, VI

C.M. Ibeto, L.C. Ibeto, C.C. Ibeto, and Charles Okonkwo

47

1451001011499

CITECO TECH. CO. (NIG) LTD

                                                590,951,273.36

(a)  Custody of C of O registered as 8/8/1996AJ, Lagos.                             (b)  Guarantee of Mr. O Ogunlode & Mr. S. M. Ogunlode.                        ©  Legal Mortgage stamped to cover N25m IRO a property at Agidingbi with a C of O registered as 8/8/1996AJ.                      (d)  Custody of C of O registered as 5/5/191, Abeokuta - land at Sango Ota, Ogun State.

Chief O. Ogunlade

Plot H, Agidingbi-Ikeja.

Chief O. Ogunlade

48

1561001023135

LINA OIL MILLS LIMITED

                                                590,627,042.13

 Legal mortgage of unexpired leasehold interest (28 yrs) over property at Old Lagos Road, Behind Nigerwest, challenge Ibadan.            All Asset Debenture IFO NERFUND & TIB PLC

Mrs. Sanni Shahimi,          

Old Lagos Rd, Behind Niger West, Challenge, Ibadan. 02-2310224

Mrs. Sanni Shahimi,          

49

0542301000081

SAFE NIGERIA LIMITED

                                                589,365,634.27

 LM over 2 plots of Land in Ajah, lekki-Epe expressway valued at N49m

CHIEF FRANK OMOSIGHO

43, ERIC-MANUEL STREET, OFF BODE THOMAS SURULERE

50

0012301002922

INTERNATIONAL BUS.CONCEPTS LTD

                                                583,905,533.79

BEN MURRAY-BRUCE

17, COMMERCIAL AVENUE, YABA

BEN MURRAY-BRUCE

51

0841001010818

ROYAL FOAM PRODUCTS NIG LTD

                                                583,311,145.96

(a)  Registered Legal Mortgage upstamped to the tune of N50m on property situate at Sokoto Road in the Nassarawa District of Kano State consisting of 0.6850 hectrares covered by Kano State C of O No. LKN/RES/RC/82/607 registered as No. 192/192/13 (C of O) Kano.  (b)  Stamped equipment lease agreement on Auto Back & Quilting machines. (c) Personal Guarantee of Mr Foud Zoueheid.

FOUAD ZONCIHID

PLOT 46-47 SHARADA PHASE 2, KANO

FOUAD ZONCIHID

52

0847001000116

OMEGA SAVINGS AND LOANS

                                                559,028,304.20

(a)  Registered Legal Mortgage upstamped to the tune of N50m on property situate at Sokoto Road in the Nassarawa District of Kano State consisting of 0.6850 hectrares covered by Kano State C of O No. LKN/RES/RC/82/607 registered as No. 192/192/13 (C of O) Kano.  (b)  Stamped equipment lease agreement on Auto Back & Quilting machines. (c) Personal Guarantee of Mr Foud Zoueheid.

REV. AGBETUYI

KM 16, LEKKI EXPRESS WAY, AGUNGI

AKIN ADEPOJU

53

1081001000018

MIRAGE INVESTMENT LTD

                                                541,731,522.76

(a) C of O in respect of the property at Housing Corporation, Unit 'D' Sector, C22, Block 12 (Plot 230, 287, 286, 285) Calabar regd as 65/65/160 Calabar.              (b) CTC of the property at Obame, Ikoya, off Marina Road Extension (Mdidem Iso Road), Calabar, Cross River State. regd as 68/68/38 Calabar.              (c) C of O Iro the property at Adiabo Ikot Ofu Ibuot Odukpani LGA, regd as 12/12/222, Calabar  (d) Deed of Assignment IRO same property regd as 16/16/222.

EDEM DUKE, ESSIEN HELEN, ASHBURY SUNDERLAND LTD

PLOT 230, UNIT D, BLOCK B, MCC ROAD, CROSS RIVER STATE HOUSING ESTATE, CALABAR

54

1571001003864

MASTAY INVESTMENT LTD

                                                518,423,043.90

Regd. Deed of general debenture upstamped to N25m.                   (b)  Executed deed of LM (not perfected) on property situate along Yinka Osinkanlu Crescent, New Oko Oba, Agege, Lagos State                      © Stamped deed of assignment IRO the property above.

Mr. Tayo Ifarajinmi

Olode Kajola Village, off New Ife Road Ibadan

Mr. Tayo Ifarajinmi

55

0432301000191

CHRISMATEL SHIPPING COY NIGERI

                                                516,158,688.42

 UNSECURED

Chief Peter Okocha

8, Akanbi Onitiri Crescent, Off Eric Moore Rd, Iganmu

Chief Peter Okocha, Babatope Ogungbemile

56

0342301000694

MICRO PRODUCTS INT L NIG. LTD

                                                514,776,510.70

PG OF THE COY CEO MR CHRIS ANUGWOLU. THE APPOINTMENT OF A CIB APPROVED STOCK MONITORING AGENT TO TAKE CHARGE OF THE IMPORTED MATERIALS TO ENSURE THAT NO STOCK WAS DIVERTED. DOMICILIATION OF PAYMENT AGREEMENT TO BE PUT IN PLLACE BY SHELL NIG LTD AND MOBIL OIL TO ENSURE THAT THE PAYMENTS ARE MADE DIRECTLY TO CIB

CHRIS ANUGWUOLU AND SAM CHIMEZIE

14, ADENIRAN OGUNSANYA, SURULERE, LAGOS

57

0161601000745

TITANIUM OIL AND ENERGY LIMITE

                                                508,508,294.37

 DOMICILIATION OF PAYMENT FROM HONEYWELL OIL & GAS

CHIEF RALPH EKEZIE

COSCHARIS PLAZA, ADEOLA ODEKU STR. VI

ACHOLONU PATRICK

58

1601001010077

SUCCESS VENTURES INT.LTD.

                                                507,039,835.45

 Property at 165, Abeokuta Expressway, Abule Egba

Alh. Yisa Bello

16 Abeokuta Express Road, Abule-Egba, Lagos

Alh. Yisa Bello

59

0442301000107

SMIEC (PROJECT ACCT)

                                                500,749,137.24

 THE FACILITY IS SECURED WITH A LEGAL MORTGAGE ON THE TITLE DOCUMENT FOR STATUTORY RIGHT OF OCCUPANCY HELD BY THE COMPANY ON PLOT NO 4 OROMERUEZIMGBU IN PORT HARCOURT. THE PROPERTY IS VALUED AT N19 MILLION

Chief Hope Uzodinma

30, Adeola Hopewell Street, V/I

Chief Hope Uzodinma

60

0161601000994

KNIGHT - CROWN NIGERIA LIMITED

                                                495,422,752.15

MIKE ADEKOYA

3, ADELE RD, OFF WAREHOUSE RD, APAPA

LEKAN OLOMOLAYE

61

0161001002430

NADABO ENERGY LIMITED

                                                494,583,742.49

Irrevocable undertaking from Mobil to domicile all Nadabo receivables (both foreign and local to Springbak, Personal guarantee of chairman - Senator Nuhu Aliyu and one other Director for 130% of facility amount each

ALI. J. ABUBAKAR-PETERS

block 25, flat 4, shomolu avenue, ikoyi/ 4B LOUIIS SOLOMON CLOSE VI

nuhu aliyu (Senator) (RTD)

62

0342301001222

OLLIVEE NIGERIA LTD. ACC 2

                                                481,787,055.30

 THIRD PARTY LM, OBSOLETE MACHINERY AND EQUIPMENT

PAUL AKINNUBI (LATE)

0

0

63

0012301005840

TRUE BROTHERS C AND C CO. LTD

                                                458,459,262.70

 Legal mortgage on properties MMI,MM3 & MM5 at Sabo Birinm road Kaduna; Unlimited PG of the MD/CEO of thecoy

MALLAM ALI GARBA

64

1441801000055

NATIONAL SPORTS LOTTERY LTD.

                                                448,220,181.82

 AS ABOVE

Chief Kola Daisi (Chairman) and

2, Oju-Olobun Close, Victoria Island, Lagos.

Dr. Odunlanmi Daisi (Director)

65

0161601000976

WIDE KOVERAGE NETWORKS LTD

                                                423,440,454.92

JOINT & SEVERAL GYARANTEES OF THE DIRECTORS

PRINCE ADEKUNLE ADEYEBA, OLUSEGUN OLALEYE

3/5, ADEYEMO ALAKIJA ST, VI

OLUSEGUN OLALEYE

66

1701601000055

EL NINO REMMAH CORPORATE SERVI

                                                420,393,240.81

 CASH DEPOSIT OF N105M (2) LIEN ON 20M UNITS OF STARCOMMS (3) PERSONAL INDEMNITY OF MESSRS AKERELE, MOMOH, AND UKPONG

SAMSON AMIAKHU MOMOH (2) UKPONG S. UKPONG. (3) CHRISTOPHER ANTHONY

23, OGUNNU RD, WARRI

AKINWALE AKERELE

67

0841001010924

GODDY INTERNATIONAL TEXTILE LT

                                                413,887,688.33

 C of O regd as 533/533/2 Kano.    (b)  Perfected LM over property at 56 Emir Road, Sabon Gari, Kano.

UCHE AKPANDO

NO MAN'S LAND KANO

UCHE AKPANDO

68

0721001005673

UNION PETROLEUM SER.CO.NIG.LTD

                                                405,584,762.84

 DOMICILIATION OF PROCEEDS FROM AP AND MRS OIL OR TOTAL NIG PLC

Atose Aguele

Edo House, Suite 130, 1225 Ahmadu Bello Way, V/I

Monica Lynn Aguele

69

1441001001927

R. S. K. MILLS NIG. LTD.

                                                404,325,425.60

 LM on property at 244/246 Apapa - Oshodi Expressway valued at N120m

Chief (Mrs) A.M. Abdul

Plot 244/246, Apapa-Osodi Exp., Lagos

Chief (Mrs) A.M. Abdul

70

0161601000505

VEGO INT'L OIL SERVICES CO. LI

                                                404,314,188.21

Mr. Iwuchukwu Frank Emeka and Iwuchukwu Nnenna Laura

Marketing and distribution of Petroleum Products

Mr. Iwuchukwu Frank Emeka and Iwuchukwu Nnenna Laura

71

0012301006070

ABOFAR VENTURES NIG.LTD.

                                                400,214,754.13

Lien on goods delivered to Development Res Ltd warehouse, covered by tripartite warehousing agreement, lien on export proceed, full and unconditional PG of the coy MD

OLA FAROMIKA

30, AFOLABI AINA ST., OFF ALLEN AVENUE, IKEJA

OLA FAROMIKA

72

0012301005895

FYMAK SHIPPING (NIGERIA) LIMIT

                                                398,403,501.88

10, ANIFOWOSHE STREET, OFF ADEOLA ODEKU STRET, V.I

73

0012301006371

BAYWOOD CONTINENTAL LIMITED

                                                396,271,694.87

 1. OWNERSHIP OF EQUIPMENT ON LEASE. (2) DOMICILIATION OF PAYMENT (3) ALL ASSET DEBENTURE

CHRIS BAYWOOD IBE AND PROF PAT UTOMI

72, OLORUNLOGBON STR., ANTHONY VILLAGE, LAGOS

PROF PAT UTOMI

74

0011001027213

CISL(TELECOMS ACC 1)

                                                393,234,231.99

SPRING BANK

143, Ahmadu Bello Way, VI

SPRING BANK

75

0161001011818

S & S WIRELESS LIMITED

                                                389,042,556.85

 (a)  C of O registered 55/55/2341 Ibadan             (b)   C of O (customary) registered no. BAC 86/86/14 Abuja                 ©  Charge Certificate title No. MO2794

SEINDE OLUSOLA

7, ADELABU STR., SURULERE

OYENIYI SAMUEL GABRIEL

76

0012301001002

PARTNERSHIP INV. COMPANY LIMIT

                                                386,944,452.69

 Simple deposit of Deed Assignment over a property

JUSTUS OLU PAUL

37, ADEMOLA ST, OFF AWOLOWO ROAD, IKOYI

VICTOR O OGIEMWONYI

77

0841501000630

OMEGA SAVINGS AND LOANS

                                                375,772,543.88

1)         Equitable mortgage on the landed property of OSL located along Admiralty Way Lekki, Lagos. 2)         Equitable mortgage on the 42 3)         Equitable Mortgage on the property located at no. 50 Hospital Road, Port Harcourt.Nos. Luxury flats to be developed at 22A and 22B Temple Road, Ikoyi, Lagos. 4) Letter of undertaking by OSL to domicile sales proceeds directly to OSL’s current account domicile in Uyo branch

REV. AGBETUYI

KM 16, LEKKI EXPRESS WAY, AGUNGI

AKIN ADEPOJU

78

0721001013973

FOUNTAIN SECURITIES LIMITED

                                                364,409,912.26

 Deposit of title document of property situate at Ekololu street, Surulere

Chief Kola Daisi (Chairman) and

2, Oju-Olobun Close, Victoria Island, Lagos.

Dr. Odunlanmi Daisi (Director)

81

0421601000213

AGRO MATRIX NIGERIA LIMITED

                                                359,917,010.67

 LIEN ON OUTSTANDING APG FUNDS OF N122M. (2) LM ON PROPERTY AT PARK VIEW IKOYI VALUED AT N150M  (3) BG ISSUED BY INTERCONTINENTAL BANK (4) PG OF THE MD; ALH. SY ABDULLAHI

SY ABDULLAHI

9, GWAMNA RD., KADUNA

SY ABDULLAHI

82

1561001006235

TEE-PAMA NIG. LTD.

                                                333,403,423.97

 DEBENTURE ON THE PLANT AND MACHINERY OF PAMA = ABOG GROUP VALUED AT N65 MILLION BUT STAMPED FOR N60 MILLION. CROSS CORPORATE GUARANTEE OF PAMS = ABOG GROUP. UNLIMITED PG OF ENGS AKIN ALABA DIJI AND GBENGA ADEYEFA

ENGR. ALABI AKINDIJI

14 Jericho Road, opposite All Saints Church, Jericho GRA

ENGR. ALABI AKINDIJI

83

1571001000548

PREMIER AGRO OILS (NIG.) LTD.

                                                331,649,075.68

 Fixed and Floating assets of the company.

Mr. B.N. Chidi, Chief N.O.Idowu,

 3rd floor Coscharis Plaza 68a Adeola Oduku St.V/I Lagos 2617325, 2617325. (B)No 5 Olubadan Industrial Estate, N/Ife Rd, Ibadan

Mr. R.A.Grawal, Chief G.O. Akajobi, ,

84

0512301000062

ABIA STATE HOUSING AND PROPERT

                                                327,500,856.31

GOVERNMENT

Govt House, Umuahia

0

85

1451001011505

CITECO TECH. CO. (NIG) LTD.

                                                326,270,387.93

 AS ABOVE

Chief O. Ogunlade

Plot H, Agidingbi-Ikeja.

Chief O. Ogunlade

86

1561001000763

ISOGLASS INDUSTRIES LIMITED

                                                326,243,794.03

 (1) Property Onigbongbo Village Ikeja Lagos, (2)  ISOLAK building Mokola Round about Ibadan, (3) Property located @ Akiode Village.(4) Lien on Shares and Stocks

Chief (Dr) I.O. Akinmokun

  Plot 22, Soji Ayangbade Str, A/Village, Lagos.

Chief (Dr) I.O. Akinmokun

87

0241001015378

KINGTOWN INVESTMENTS LTD.

                                                325,679,041.90

 Legal Mortgage over property at Plot 12, Block A7 Parkview Estate Ikoyi.  Equitable mortgage over property at 2nd Avenue Ext. Ikoyi.  (matter in court)

CHIEF GEOFFREY EZEMBA

42, BISHOP OLUWOLE ST. VI, LAGOS

CHIEF GEOFFREY EZEMBA

88

0422301000200

TEE KAY AUTOS (NIGERIA) LTD

                                                310,980,328.89

LEGAL MORTGAGE ON LANDED PROPERTY LOCATED AT NO 1 KAYODE CLOSE, OFF MORGAN STREET OJODU BELONGING TO MR. T.K. OLONINUA MD/CEO VALUED AT N13M FSV IN DECEMBER 1999 & LM ON PROPERTY LOCATED AT 170 OBAFEMI AWOLOWO WAY, IKEJA CURRENTLY USED AS OFFICE/SHOW ROOM FOR THE COMPANY. LIEN ON VEHICLES IMPORTED FOR SALE. PG OF MD/CEO MR. T.K. OLONILUA

TITUS KAYODE OLONILUA

1, KAYODE CLOSE, OFF MORGAN STR. OJODU, LAGOS

CHIEF ADEMOLA

89

0342301001213

FILTIM HUZOD OIL AND GAS LTD

                                                307,804,826.06

LM on Plot 4, Oromeruezimgbu, PH

HOPE UZODINMA

AFRICA RE-INSURANCE BUILDING, 5TH FLOOR, PLOT 1679, KARIMU KOTUN STREET, VI, LAGOS

LM on Plot 4, Oromeruezimgbu, PH

90

0721001000030

DEEP SEA OIL & GAS LTD

                                                306,495,319.51

UNCONDITIONAL PG OF DR STEVE ITELIMA MD/CEO. LIEN OVER N5M DEPOSIT TO BE MADE BY CUSTOMER. HYPOTHECATION OVER 50% OF ADVANCE PAYMENT FROM DBN AND MOBIL. IRREVOCABLE DOMICILIATION LETTERS TO DBN AND MOBIL INSTRUCTING BOTHB COMPANIES TO MAKE ALL PAYMENTS DUE THE CUSTOMER DIRECTLY TO AN ACCOUNT DESIGNATED BY THE BANK. LEGAL OWNERSHIP BY THE BANK OF THE TWO TUGBOATS AND ANCILLARY EQUIPMENT BEING FINANCED WITH THE TERM LOAN. MARINE INSURANCE OF THE EQUIPMENT, NOTING FTB AS FIRST LOSS PAYEE

DR STEVE ITELIMA

26, OKOROJI ST., D/LINE. PORT HARCOURT/5, NDAHBROS CLOSE, TRANS AMADI LAYOUT PORT HARCOURT

DR STEVE ITELIMA

91

0011001014699

THREE STARS INVESTMENTS LIMITE

                                                303,516,890.76

 Borrowers General Agreement

SPRING BANK

143, Ahmadu Bello Way, VI

Alh. Hassan Momodu, Sam Uzo, Innocent Ilozumba, Okey Nwankwo

92

1451001011462

PANAT NIGERIA LIMITED

                                                300,751,906.79

 legal mortgage of 2 property situate at Ilorin, Kwara State. (Matter under litigation).

PRINCE TOYE OYINLOLA

 12, Agbaoku Str. Off Allen Av. (now at CDB, Alausa-Ikeja)

PRINCE TOYE OYINLOLA

93

1441001000177

BENADE COMMERCIAL ENT.(NIG)LTD

                                                300,065,120.90

 Legal Mortgage of property at Plot 4 & 5 Block II Bemimesu layout, Ondo Road, Ife.                         (b)  Legal Mortgage of property at Ojuolape Stree, roadkeke.

Chief B.A. Adeyemi

34/36 Burma Road, Apapa

Chief B.A. Adeyemi

94

1431001000578

RESORT INTL LTD

                                                286,489,663.39

 UNLIMITED P / G OF DR .O. B. BABALAKIN AND OLAYINKA AKINSANYA

Dr. Wale Babalakin, SAN

The Rooftop, 24A, Campbell Str., Lagos. 

Dr. Wale Babalakin, SAN

95

0561401000709

ANAMBRA STATE GOVERNMENT

                                                283,936,202.88

 IRREVOCABLE LETTER TO LION BANK PLCTO TRANSFER N100M MILLION ON MONTHLY BASIS TO CITIZENS BANK FROM THEIR FEDERAL ALLOCATION ACCOUNT. CITIZENS BANK WILL OBTAIN AN UNDERTAKING FROM LION BANK PLC TO COMPLY WITH THE TERMS OF THE LETTER

GOVERNMENT

Govt House, Awka

0

96

0502301000074

APICO PROJECT ACCOUNT

                                                283,661,854.25

 Guarantee of Akwa Ibom State Govt for N150 million which was redeemed in 2002

GOVERNMENT

Govt House, UYO

0

97

0721001004799

MAFAAS FOODS INT'L LIMITED

                                                281,500,365.99

Charge over fixed and floating assets of the company, Transfer of franchise agreement and MOU btw Mafaas Foods and Steers Holdings, S.A. to the bank and PG of 3 directors/promoters, Assignment of all rights of Mafaas Foods under the lease agreement signed with Water Parks.

TERRY ASEMOTA, ALH SHEU MALAMI, CHIEF OLUSOLA FALEYE, OTUNBA FEYI WINFUNKE

89A, OJO LANE, DOLPHIN ESTATE, IKOYI

98

1511001003996

SULAPAN NIG. LTD.

                                                278,286,882.48

(a)  Personal Guarantee of Samir Sulaiman                (b)  Owema Bank share cert. 200,000 units (Sulaiman Samir Abdul)     ©  Owema Bank Share Cert. 40,000 units (Sulaiman Samir Abdul)     (d)  LM perfected over property at No. 60 Karan road, Nasarawa district, Kano.                               (e) Deed of sublease over property at plot 4, Block XXXIA, Owode Estate, Ibadan.

TALAL SHAHIMI, SAMIR SULAIMAN, HANI AKUR

40, BURMA RD., APAPA

#N/A

99

0161001007116

ENERGY FACTOR MARINE&OIL SERVI

                                                277,594,843.36

 Tripartite Warehousing Agreement.  Personal Guarantee of the M/ D

Rowaye Jubril, Femi Olulana

10, AERODROME RD,., APAPA

#N/A

100

0012301002029

ANESTONY CONSTRUCTION CO. LIMI

                                                274,529,122.52

 UNSECURED

LADY  MARY ANEGBODE EREMOSELE

PLOT C55, AMUWO-ODOFIN INDUSTRIAL ESTATE, ALONG APAPA/OSHODI EXPRESS WAY.

#N/A

101

0161001011562

HELKO NIGERIA LIMITED

                                                270,720,012.12

LM ON 25A LUGARD AVENUE IKOYI (2) AN IRREVOCABLE UNDERTAKING APPOINTING THE BANK AS THE SOLE RECIEVEING BANK FOR THE 50UNITS OF THE 3 BEDROOM BUNGALOWS MEDIUM INCOME ESTATE AT DUBOYI DISTRICT ABUJA (3) LETTER OF SET OFF AND CROSS CORPORATE GUARANTEE FROM NOFAX INTERNATIONAL CONSTRUCTION COMPANY LIMITED (4) POST DATED CHEQUES FOR EXPECTED INFLOWS (5) LIEN ON TRUCKS WHICH WILL BE REGISTERED IN BANK'S NAME (6) COMPREHENSIVE INSURANCE WITH AN INSURANCE COMPANY NOMINATED BY THE BANK WITH THE BANK AS THE FIRST LOSS PAYEE (7) UNCONDITIONAL PERSONAL GUARANTEE OF THE MD/CEO

DR ABC ORJIAKO

68A ADEOLA ODEKU STREET, VI

#N/A

102

0161601001458

ZAMSON OIL AND GAS LIMITED

                                                269,853,971.64

EXECUTED TRIPARTITE WAREHOUSING AGREEMENT B/W THE BANK, ZAMSON OIL AND AN APPOINTED WAREHOUSING AGENT. LIEN ON PDTS THROUGH COLLATERAL MGT AGREEMENT WITH WAREHOUSING AGENT/SB PLC/ZAMSON  OIL. COMPREHENSIVE INSURANCE OVER THE PRODUCTS WITH SB PLC NOTED AS FIRST LOSS PAYEE. DOMICILIATION OF SALES PROCEEDS AGREEMENT. IRREVOCABLE PROMISSORY NOTE BY THE CLIENT. UNLIMITED AND CONTINUOUS PG OF THE MD/CEO OF THE COMPANY AND ONE OTHER DIRECTOR.

Zayyanu Musa Bashir, Abubakar Mahuta

12 OSHODI/APAPA EXPRESS WAY, COCONUT BUS/STOP

#N/A

103

1531001004388

BEEMO INDUSTRIES NIG. LIMITED

                                                263,774,364.56

Registered mortgage Debenture to cover N4million on properties, buildings, machineries, & fixtures erected situate at Agboola Village off New Ibadan - Ife Road, Ibadan in Lagelu LGA of Oyo State registered as 48/48/3162 Ibadan (orignal Oyo C of O no. 27/27/2997 in place)    (b)  3 spare keys              (c)  Deposit of registered deed of assignment dated 26/3/92 in favour of Mr. Olukorode Odeniyi off Old Ibadan/Lagos Road, Orita Challenge Ibadan no. 51/51/3045.                      (d)  Personal guarantee of Adenike Odeniyi (Mrs)      (e)  Personal guarantee of Chief Olukorede Odeniyi     (f)  Stamped legal mortgage on (2 above).                     (g)  Certified true copy of Oyo State C of O no. 44/44/87 IFO Miss Adenike O. Adedeji covering all parces of land at Bodija Area of Ibadan.                 (i)  Certified true copy of Oyo State C of O no. 26/26/2997 Ifo Mr. Olukorede Odeniyi covering all parcels of land at Bodija Road, Ibadan, Oyo State.  (J)  Executed equipment lease agreement.              (k)  Executed chattel mortgage and proofs of ownership of following vehicles:                           (I) M/Benz Bus with plate no XH634KSF                        (ii) M/Benz Bus with plate no. XH633KSF (iii)  M/Benz Bus with plate no XH 638 KSF                 (iv)  M/Benz Bus with plate no. XH 639KSF                 (v)  M/Benz Bus with plate no. XH 641 KSF                - M/Benz Platform XF177KTU (original doc)                        -  M/Benz Platform XF176KTU (original doc)     - M/Benz Platform XF173KTU (original doc)     - M/Benz Platform XE552 BDG (original doc)              -- M/Benz Platform XF175KTU (original doc)     -- M/Benz Platform XF174KTU (original doc)     -- M/Benz Platform XE706JJJ (original doc)      -Personal guarantees of Chief Daniel Okemuo and Mrs Leticia Ugonwa Okemuo.          

OLU ODENIYI

KM 30, IFE RD., AGOOLA VILLAGE, IBADAN

#N/A

104

0311001001027

RAINBOWNETLIMITED

                                                263,588,068.43

MRS CHINERO NWAIGWE, MR DAVE NWAIGWE

3/4, POCKET ESTATE (EBEANO), INEPENDENCE LAY-OUT, ENUGU

#N/A

105

0161601000082

POKAT NIGERIA LIMITED

                                                259,139,409.69

EXECUTED TRIPARTITE WAREHOUSING AGREEMENT B/W THE BANK, POKAT AND AN APPOINTED WAREHOUSING AGENT. LIEN ON PRODUCTS THROUGH COLLATERAL  MANAGEMENT AGREEMENT WITH WAREHOUSING AGENT/SB PLC/POKAT NIG LTD. COMPREHENSIVE INSURANCE OVER THE PRODUCTS WITH SB PLC NOTED AS FIRST LOSS PAYEE. DOMICILIATION OF SALES PROCEEDS AGREEMENT. IRREVOCABLE PROMISSORY NOTE BY CLIENT. UNLIMITED AND CONTINUOUS PG OF THE MD/CEO OF THE COY AND ONE OTHER DIRECTOR

Tokunbo Akinsola, Mrs Kikelomo Akinsola

14, WHARF RD, APAPA

#N/A

106

0721001009101

RITETIME AVIATION &TRA.SER.LTD

                                                248,314,393.58

 Perfected Legal Mortgage over property at 8, Iya-Rere Close, Aguda, Surulere.  All Assets Debenture.     Memorandum of Loss registered 99/99/2077 over property at Plot No. 15, Block 78 Lekki Peninsula Residential Scheme, Lagos

Dr O. Peter Obafemi

City Express Bldg, Plot 1637, Adetokunbo Ademola Street, V/I

Dr O. Peter Obafemi, Henry Seymour, Dr Onaolapo Soleye

107

0017001005975

LE-GLOBAL OILFEILD SERV.LTD.

                                                247,287,900.46

SHIPPING DOCS ASSIGNED TO THE BANK. PG OF THE CEO MR REMI MAKANJUOLA. DOMICILIATION OF COY'S RECEIVABLES ON CONFIRMED ORDERS. CONFIRMED ORDERS FROM OANDO, TOTAL, AP,SUNGAS AND ANDROS GAS. LIEN ON COYS PROPERTY LOCATED AT NO. 1 PRIME KAYODE AKINGBADE CLOSE WHICH THE COMPANY PURCHASED AT N125 MILLION. LM ON PROPERTY LOCATED AT PLOT 2A FGN LAYOUT OSBOURNE ROAD IKOYI LAGOS

CHIEF ADEREMI MAKANJUOLA

1 PRINCE KAYODE AKINGBADE CLOSE OFF MURI OKUNOLA VI

BODE MAKANJUOLA

108

0841001011835

FIRST STANDARD INVESTMENT

                                                241,866,132.79

 Recertification of C of O (Customary) No. M2TP/LA/MISC/97/1215 registered as 2363/2362/5, Garki Municipal Area Council, Abuja, Plot 24 Cadastral Zone 07-05 Kubua Comm, FCT.                                  (b)  LM yet to be perfected

CHIEF EDET O. NKPUBRE

ED BUILDING, 5TH FLOOR, 47, MARINA LAGOS

109

0721001003541

GLOBAL ENERGY CO. LTD

                                                235,628,068.43

 1) Irrevocable domiciliation of contract proceeds 2) Domiciliation of proceeds of discounted invoices 3) PG of MD and any other director supported by statement of net worth

ALH MK. JADA, JOE OBIAGOAND PATRICK OBOT

182, KOFO ABAYOMI WAY, VI

110

1621601000675

F. L. DYNAMICS LTD

                                                233,422,297.27

Ibrahim Folarin, Soki Lawson

13, BOLEDEOKU CRESCENT OGBA LAGOS

111

0841001011668

FIRST FACTORS LIMITED

                                                232,017,703.45

 DEPOSIT OF TITLE DOCUMENTS OF PROPERTIES TO BE PURCHASED

B45 DC PLAZAVILLE SHOPPING COMPLEX, 119, AWOLOWO WAY, IKEJA

112

0161601001533

AIME NIGERIA LTD

                                                231,679,441.88

Executed Tripartite warehousing agreement between the bank, Aime and appointed warehousing agent

MRS JUDITH OGBARA

4, ALHAJI TOKAN STREET SURULERE LAGOS

113

0161601001069

NATURELLE EXTRACTS LTD

                                                222,645,495.87

  LM on company’s property located at Ibeju Lekki Epe, valued at N150m, Debenture over fixed & floating assets of the factory site at lekki valued at N300m, Comprehensive insurance of the financed assets noting SB PLC as first loss payee

PATRICK ACHOLONU, STEVE AGBARAKWE, EBONG NTE BUSIEKANEM, BRENDA BASSEY, ANDREW AHUNAYA

COSCHARIS PLAZA, 68, ADEOLA ODEKU ST., VI

114

0161601001144

SABRE NIGERIA LIMITED

                                                221,974,585.43

EXECUTED TRIPARTITE WAREHOUSING AGREEMENT B/W THE BANK, SABRE AND AN APPOINTED WAREHOUSING AGENT. LIEN ON PRODUCTS THROUGH COLLATERAL  MANAGEMENT AGREEMENT WITH WAREHOUSING AGENT/SB PLC/SABRE NIG LTD. COMPREHENSIVE INSURANCE OVER THE PRODUCTS WITH SB PLC. DOMICILIATION OF SALES PROCEEDS AGREEMENT. IRREVOCABLE PROMISSORY NOTE BY THE CLIENT. UNLIMITED AND CONTINUOUS PG OF THE MD/CEO AND ONE OTHER DIRECTOR

Alh Mustapha Mansury, Sabry Mansury

50, IBRAHIM TAIWPO RD., KANO

115

1561001011574

BINTA COMMODITIES NIG. LTD.

                                                221,542,526.58

 Property of MD located @sanni st, off Airport Road, Alakia, Ibadan, (2) Hypothecation of goods, (3) Company site located @ plot 2 Alalubosa GRA, Ibadan, (3) Ownership of Three Trailers.

MR OLAWALE

9, JERICHO, MAGAZINE ROAD, IBADAN

116

0261601001151

NORTHEAST ATLANTIC OIL&GAS LTD

                                                220,720,400.64

EXECUTED TRIPARTITE WAREHOUSING AGREEMENT B/W THE BANK, NORTH EAST ATLANTIC AND AN APPOINTED WAREHOUSING AGENT. LIEN ON PRODUCTS THROUGH COLLATERAL  MANAGEMENT AGREEMENT WITH WAREHOUSING AGENT/SB PLC/NORTH EAST ATLANTIC. COMPREHENSIVE INSURANCE OVER THE PRODUCTS WITH SB PLC. DOMICILIATION OF SALES PROCEEDS AGREEMENT. IRREVOCABLE PROMISSORY NOTE BY THE CLIENT. UNLIMITED AND CONTINUOUS PG OF THE MD/CEO AND ONE OTHER DIRECTOR OF THE COMPANY.

Okoye Ofordile, Okoye Sharon Chizaram

PLOT 2064, AMUWO ODOFIN GRA / UMUNZE HOUSE, 12, APAPA/OSHODI EXP. WAY., OPP IBAFO DEPOT

117

0011001032543

CONTINENTAL CEMENT CO LTD

                                                217,968,208.64

 FIXED AND FLOATING ASSET DEBENTURE ON ALL COMPANY'S ASSETS VALUED AT N1 BILLION. LEASEHOLD ON THE SHIP-ONLOADER BEING PURCHASED. PG OF THE MD/CEO ALHAJI SANI DANGOTE.

ALH. SANI DANGOTE AND ALH KAITA

2, TINCAN ISLAND PORT, APAPA

118

0031001004872

SIMIDIA/ S & I INTERNATIONAL C

                                                217,797,045.68

 SOLD (TUG BOAT)

PATRICK ACHOLONU, STEVE AGBARAKWE, EBONG NTE BUSIEKANEM, BRENDA BASSEY, ANDREW AHUNAYA

PLOT 127, TRANS-AMADI RD., PHC

119

0721001004823

MAFAAS FOODS INT'L LIMITED

                                                216,478,666.75

Charge over fixed and floating assets of the company, Transfer of franchise agreement and MOU btw Mafaas Foods and Steers Holdings, S.A. to the bank and PG of 3 directors/promoters, Assignment of all rights of Mafaas Foods under the lease agreement signed with Water Parks.

TERRY ASEMOTA, ALH SHEU MALAMI, CHIEF OLUSOLA FALEYE, OTUNBA FEYI WINFUNKE

89A, OJO LANE, DOLPHIN ESTATE, IKOYI

120

0901001033397

AGRO NIG. VENTURES LTD.

                                                215,942,633.46

 L/M on property at 11, Abibat Ajose Str. Ogudu GRA

CHIEF MATHEW ADERIYE

SUITE 1, TAFAWA BALEWA SQUARE COMPLEX, LAGOS

121

0452301000061

PA-JECK W-A LIMITED

                                                214,020,727.00

 Registered deed of LM to the tune of N20million over property situate at Okpuno  Otolo Nnewi covered by Anambra State Customary Right of Occupancy no. 10/10/166 Awka.

CHIEF JUDE EZENWANNE

122

0431601000338

A-S RANO OIL AND GAS LIMITED

                                                213,104,327.60

 EXECUTE WAREHOUSING AGREEMENT. LIEN ON PRODUCTS UNDER COLLATERAL MGT. PG OF CLIENT'S PRIME MOVERS.DOMICILIATION AGREEMENT. PROMISSORY NOTE

ALH SAMAILO RANO AND AUWALU ABDULAHI

17, FORCADOS STREET, OLODI APAPA

#N/A