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  1. #1
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    Posted on Rabee Securities today

    ISC declined Al-Warkaa Investment Bank (BWAI) relisting request

    ISC declined Al-Warkaa Investment Bank (BWAI) request to be relisted, because the bank did not submit any significant information to change the ISC decision.

  2. #2
    Supporter and Investor! haggisbasher's Avatar
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    I was reading on FB warka bank victims page that Al Bunny who owns Samco Warka Bank has put up 50$million for current account holders but it will be next month before it pays out, starting to look like a non Warka return to trading.

  3. #3
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    Quote Originally Posted by haggisbasher View Post
    I was reading on FB warka bank victims page that Al Bunny who owns Samco Warka Bank has put up 50$million for current account holders but it will be next month before it pays out, starting to look like a non Warka return to trading.
    Any ideas with the share holders ??

  4. #4
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    Thanks for the info...reading the fb page the payout will be this month,,,in may,,,fingers are crossed it happens

    Quote Originally Posted by haggisbasher View Post
    I was reading on FB warka bank victims page that Al Bunny who owns Samco Warka Bank has put up 50$million for current account holders but it will be next month before it pays out, starting to look like a non Warka return to trading.

  5. #5
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    thanks kickabuck,,,looks like warka is kicking a dead horse trying to get relisted,,,

    Quote Originally Posted by Kickabuck View Post
    ISC declined Al-Warkaa Investment Bank (BWAI) relisting request

    ISC declined Al-Warkaa Investment Bank (BWAI) request to be relisted, because the bank did not submit any significant information to change the ISC decision.

  6. #6
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    Quote Originally Posted by haggisbasher View Post
    I was reading on FB warka bank victims page that Al Bunny who owns Samco Warka Bank has put up 50$million for current account holders but it will be next month before it pays out, starting to look like a non Warka return to trading.
    I wouldn't believe anything posted on FB regarding financial gains. The news of Warka's 2nd attempt through my eyes is positive. There is a disconnect between the ISX/ISC...IMO we're talking regulations behind the curtain. Where is the conflict between those controlling the ISC and the Bunnia family? I doubt the Bunnia camp will give up and go home...they sit on upon gold mine...and have cash.

  7. #7
    Supporter and Investor! calstar's Avatar
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    Let it play out. We will know soon.

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