Shoreline CEO Kola Karim, FCMB Head For Showdown Over Big Money Debt

A major showdown looms.

And it has rated man of means Kola Karim, the Chief Executive Officer of Shoreline Energy International on one side and First City Monument Bank the financial institution that has Otunba Subomi Balogun as the power behind on the other side.

Karim is said to owe FCMB loans given for “business”.

And the bank is said to have become impatient, as the time given for repayment has expired and re expired.

Information monitored on thecapital indicates the management of the bank has started putting in place strategy to force a repayment at all cost.

And if Karim maintains current disposition, a major show down looms from all indications societynow gathered.