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Nairaland Forum / Nairaland / General / Politics / Can Introduction Of new N5,000 Note Present Looting Opportunity For The Corrupt? (606 Views)
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Can Introduction Of new N5,000 Note Present Looting Opportunity For The Corrupt? by Nobody: 3:25pm On Aug 27, 2012 |
What do you think? ist it possible? If so how can they do it? |
Re: Can Introduction Of new N5,000 Note Present Looting Opportunity For The Corrupt? by thoth: 12:13pm On Aug 29, 2012 |
it does not directly present them with the opportunity to loot but some may see it that way, sharing the looting will be easier , settling the senators wold not need huge bags of Ghana mus go bag and their loots will be more concealable , think of it 5 bundles of 5,000 naira notes is 2.5 million naira. But the main purpose of the new notes is to weaken the nation economically,and cause more strife and public discontent, Now many people will think it is not in the best interest of the ruling officials to weaken the economy. |
Re: Can Introduction Of new N5,000 Note Present Looting Opportunity For The Corrupt? by larez(m): 6:14am On Sep 02, 2012 |
To me, this is a form of looting and creating more contract opportunities for cronies. What will be the cost of embarking on this? Nigerians really need to start paying attention. These guys come up with ways to earn money. They hardly care about the country. |
Re: Can Introduction Of new N5,000 Note Present Looting Opportunity For The Corrupt? by Nobody: 6:58am On Sep 02, 2012 |
I understand it would cost N40billion to implement -N40bn that could be utilised in improving power and security larez: To me, this is a form of looting and creating more contract opportunities for cronies. What will be the cost of embarking on this? Nigerians really need to start paying attention. These guys come up with ways to earn money. They hardly care about the country. |
Re: Can Introduction Of new N5,000 Note Present Looting Opportunity For The Corrupt? by dplordx(m): 8:10am On Sep 02, 2012 |
See, my job is money-laundering. With 5k notes, my job just got alot more wonderful Im quoting a politican |
Re: Can Introduction Of new N5,000 Note Present Looting Opportunity For The Corrupt? by egift(m): 9:09am On Sep 02, 2012 |
First thing first - Moving looted money is the least of the problem. For Nigerian politicians the only challenge is seeing what to steal, once that is done - the money will naturally disappear. BTW, we all agree that our treasury is looted by the seconds, so why is this administration not putting looters in jail? Or somehow the are not aware of such? |
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