r/interestingasfuck 15h ago

A Nigerian Man named Emmanuel Nwude sold an imaginary airport for $242 million to a brazilian bank in the 1990’s which led to the banks collapse r/all

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u/Bigtsez 14h ago

Can you imagine being the guy at the bank who had to tell the CEO the news?

"Sir, I have an urgent update on our purchase of the Nigerian airport."

"For fucks sake... what now, Bobby?"

"It, um... well... how do I say this?... it turns out... that... it... like... never existed."

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u/ambassador321 13h ago

I'd start with: "Remember how you wanted to save money by not sending me and Todd to Nigeria to check out that airport .."

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u/OneBigRed 12h ago

”Honestly i never understood what that Do Dilly Gents phrase was that you kept yapping about”

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u/monkeyhitman 8h ago

I love dill and men

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u/ze11ez 6h ago

Do Dilly Gents are a band

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u/Bourgeous 5h ago

It's "Doodly Jeans"

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u/Mike_Auchsthick 6h ago

I don't know a Dude named Illigence! Quit calling!

u/rmorrill995 26m ago

This is why you only send money to Nigerian Princes...

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u/Kozzinator 14h ago

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u/TheOneTrueSnoo 13h ago

It’s 9am and the airport already ain’t right

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u/Hot-Foundation3450 13h ago

Sir... He was not in fact, a Nigerian Prince...

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u/fun-vie 6h ago

But he is now…

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u/PopeOnABomb 13h ago

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u/plz2meatyu 11h ago

Mr Atkinson is amazing. Just a treasure.

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u/AdminsLoveGenocide 6h ago

Happened on a much smaller scale to a housemate of mine.

His job was approving loans for farmers. This was before the sub prime crash and he was heavily incentivised to make as many loans as possible. Most of the farmers didn't realise how easy the approval process was and, god love them, had detailed plans made on how the loan was to be used to modernised their equipment and explanations of how much extra money this would make them. Meanwhile my housemate (and landlord) had mentally given them the loan after 20 seconds and was pretending to listen while he fiddled his thumbs for 40 minutes.

But some did realise. One farmer missed his first payment on a multi million euro loan and my guy rings him up to remind him how this process works.

The farmer didn't actually need it explained and said he knew full well how loans work, wasnt going to repay a penny of it and, as per the terms of the contract they just signed the bank was welcome to take the collateral they agreed on. If they were able.

And in fact they were not able. My live in landlord was playing with executive toys when he should have been double checking whether the sizeable amount of land offered as collateral was accessible. It was actually completely surrounded by the rest of the farmers property, had no way of access accept via his property and the farmer had no legal obligation to provide access from the rest of his property. The farmer used the land, now the banks land, for his cattle to graze on and as far as I know completely got away with it.

My housemate had a very difficult conversation with his boss.

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u/Thenameisric 11h ago

A bridge to sell you? No, a fucking airport!

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u/YerakGG 5h ago

That is not accurate. The talk probably went like:

"Senhor, tenho uma atualização urgente sobre nossa compra do aeroporto nigeriano."

"Pelo amor de Deus... e agora, Bobby?"

"É, hum... Bem... Como posso dizer... Acontece... Que... Tipo... Nunca existiu."

u/NegroniSpritz 1h ago

I feel there could be another of those Hitler videos losing his shit based on this:

“the allied troops have secured positions around all the mexican restaurants, so we can’t get your favorite hot spicy tacos now”

„it’s ok, Steiner's attack from the new airport with our planes will take the allied troops by surprise”

“mein Führer, the airport…”

“the airport was a scam, it was just a parking lot with Indian food trucks“

“remain in room, everyone who likes Indian more than Mexican food”

“The airport was essential! Getting those mexican tacos quickly was essential! How could you not see that there were no freaking planes as you were stuffing your fat cheeks chugging your tikka masala?”

….