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Labour Minister Unveiled As The Beneficiary Of N2.7b Oil Subsidy Fraud - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Labour Minister Unveiled As The Beneficiary Of N2.7b Oil Subsidy Fraud (8103 Views)

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Re: Labour Minister Unveiled As The Beneficiary Of N2.7b Oil Subsidy Fraud by mmmustapha(m): 10:18am On Dec 04, 2012
Its time 4 me 2 move to abuja and snatch my National cake, its very raptercubious that am still rasmatizing in this capalabious Nation. Dis is d govt of d cabals by d cabals 4 d cabals there's no tantacious possibility in dis country
Re: Labour Minister Unveiled As The Beneficiary Of N2.7b Oil Subsidy Fraud by otondo55: 10:20am On Dec 04, 2012
...always a pathetic news.

all nah WASH WASH !

God punish satan for this poo nation.
Re: Labour Minister Unveiled As The Beneficiary Of N2.7b Oil Subsidy Fraud by Demdem(m): 10:22am On Dec 04, 2012
Chai shocked shocked shocked see subsidy thief oooo
When govt officials were discussing and delibrating on how to end the national strike, one of the main thieves responsible is behind them listening to their discussions. shocked shocked shocked

Re: Labour Minister Unveiled As The Beneficiary Of N2.7b Oil Subsidy Fraud by takedat(m): 10:28am On Dec 04, 2012
Its time for Nigerians to start pushing the boundaries cos this government is bent on bankrupting the nation and leading it to a dysfunctional state. The minister(Diezani) who presided over the subsidy fraud is still waxing stronger in GEJ's government, Ahmadu Ali the erstwhile chairman of PPPRA during the time of the monumental fraud is set to become the Chairman of PDP's BOT. Government have resorted to Plea Bargain with the subsidy thieves and ministers' companies are also involved in the thievery.

This government is A LOOTER CONTINUA

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Re: Labour Minister Unveiled As The Beneficiary Of N2.7b Oil Subsidy Fraud by lucom: 10:54am On Dec 04, 2012
This is a wooden advertisement of the kleptomania ability this GEJ government is made of and I've not heard or seen a government that is this brazenly corrupt and yet wants to force lies down our throat. I don't like Buhari as an individual but I voted for him in 2011 because I knew this GEJ guy has nothing to offer ,so glad I did anyway. Enough of whining, 2015 will soon be here. I'm sure sentimental voters have learnt their lessons.

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Re: Labour Minister Unveiled As The Beneficiary Of N2.7b Oil Subsidy Fraud by Demdem(m): 11:00am On Dec 04, 2012
error
Re: Labour Minister Unveiled As The Beneficiary Of N2.7b Oil Subsidy Fraud by Nobody: 11:04am On Dec 04, 2012
dayokanu:
The identity of the subsidy thieves is now coming to the fore

Cos during the subsidy protest we heard it was Northerners and South West people that were taking the subsidy money

Ifeanyi Ubah and now Emeka Wogu

Far-crook and Ote-dollar.
Re: Labour Minister Unveiled As The Beneficiary Of N2.7b Oil Subsidy Fraud by Nobody: 11:08am On Dec 04, 2012
Living_Saint: Am shocked!

When will their pockets get filled and they get tired of stealing, Oh Lord
Re: Labour Minister Unveiled As The Beneficiary Of N2.7b Oil Subsidy Fraud by cdz: 11:12am On Dec 04, 2012
What worries me about all of this drama is that it is so reminiscent of the past. We seem to be following a damning pattern. The military interventions of the past were caused by the brazen display of avarice by politicians which got ordinary citizens disillusioned and created a fertile, receptive ground for the coming of the military to power. At the inception of such interventions the masses usually welcome the military with open arms if only to put a stop to the reckless pilfering of the politician. But alas, the soldiers turn out to be worse than the civilians they displaced. This has always been our story and it doesn't at all look like we are about to break out of that cycle.

There is nothing to say to Jonathan. He is simply not worth talking to.

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Re: Labour Minister Unveiled As The Beneficiary Of N2.7b Oil Subsidy Fraud by cdz: 11:21am On Dec 04, 2012
The dumbest thing anyone can do is to seek a sectarian or tribal interpretation for this thievery. Is it that such a person is so daft as not to see that the composition of these thieves defies ethnic boundaries. Or that the person is too blind to see that these are men and women united in robbery?

You see, while the political elite have managed to transcend the borders of religion and ethnicity in their thievery, some downtrodden citizens have clung on to same as the only meaningful association. Better wake up and see that there's no tribe or religion in corruption. A thief is no more (or less) a thief because he comes from a particular tribe.

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Re: Labour Minister Unveiled As The Beneficiary Of N2.7b Oil Subsidy Fraud by Nobody: 11:22am On Dec 04, 2012
Not suprised at all. So it wasn't only the aviation minister that was involved in the subsidy sh*t. I can see the presidents hands are tied and he is a weak leader. Even the laptop crew are no longer relevant, the corruption in Jonathan's government is just too much that most of them have given up defending jonathan's administration.
Re: Labour Minister Unveiled As The Beneficiary Of N2.7b Oil Subsidy Fraud by dounleedee: 12:31pm On Dec 04, 2012
Ngwakwe: Let them just investigate the signatories to the Bank Account and when it was effected.

As I can see, by calculation of number of shares listed below, they (Emeka Wogu and family) sold the company to these four individuals and should no more bear the responsibilities after the said date of transfer.

If he no longer sign for withdrawals and transactions made in the name of the company. He is free.



Sold the company by a board resolution effected in July 2012 and that makes him not culpable?
How very convenient and naive for a feeble mind.
The issue is not who the signatories to the bank account are but:
• who shortlisted the company and under what criteria?
• when was the contract to supply petroleum products signed?
• who authorised the transactions?
• who audited the supply?
Even the share holding structure of the company confirms the value of its paid up capital to be One Million Naira and we are talking of a transaction of N2.7 Billion?
Which bank opened Letter of Credit(LC) for Billions of Naira contract to a company with just N1 Million share capital?
We don’t need a rocket scientist to prove the collusion and complacency of government agencies and financial institutions in this conspicuously glaring fraudulent transaction.
The Oil subsidy scam is at an unprecedented level under the administration of our current government and all indices point squarely at the complicity of the president.
Anything else is a mannequin which discerning Nigerians are not buying.

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Re: Labour Minister Unveiled As The Beneficiary Of N2.7b Oil Subsidy Fraud by ypzilanti: 1:44pm On Dec 04, 2012
GEJ has never sacked and prosecuted anyone in his cabinet...ever. It's either you stay on inspite of allegations, or they ask you to resign and thank you for 'serving Nigeria'.
Re: Labour Minister Unveiled As The Beneficiary Of N2.7b Oil Subsidy Fraud by buJu234: 1:48pm On Dec 04, 2012
of a truth this GEJ govt. is a govt. of the committees of thieves & fraudsters like Oduah (avaition); Dezieni (Petroleum); Otedola ( FEC) ; Nwogu ( wks)etc etc...

Jonathan ehhhh u re a real big disgrace to the guys that stood on the sun to make sure that u re there today.

big disappointment to those that saw u as the messiah....

why did u choose to fail the hearts of millions & millions of ordinary Nigerians that sacrifice their time; energy all because of u...

including those poor youth corpers that gave their lives for ur sake...
now see how u re-paying them.....
[b][/b]
Re: Labour Minister Unveiled As The Beneficiary Of N2.7b Oil Subsidy Fraud by ajibsca: 3:02am On Dec 05, 2012
We hang the petty thieves and appoint the great ones to public office .

Diprieye Alamseygha
Lucky Igbinedion
Gowon
ABDUSALAM
Iyabo Obasanjo
Oji Kalu,
Andy Uba
Chimaroke Nnamani
David Mark
James Ibori
OBJ
IBB
Tony Anenih
Dimeji Bankole
Buhari
Babangida

and the list continues.
Re: Labour Minister Unveiled As The Beneficiary Of N2.7b Oil Subsidy Fraud by ajibsca: 3:04am On Dec 05, 2012
How many prosecuted ? How many celebrated ?
ajibsca: We hang the petty thieves and appoint the great ones to public office .

Diprieye Alamseygha
Lucky Igbinedion
Gowon
ABDUSALAM
Iyabo Obasanjo
Oji Kalu,
Andy Uba
Chimaroke Nnamani
David Mark
James Ibori
OBJ
IBB
Tony Anenih
Dimeji Bankole
Buhari
Babangida

and the list continues.
Re: Labour Minister Unveiled As The Beneficiary Of N2.7b Oil Subsidy Fraud by ROCKJ1(m): 6:15am On Dec 05, 2012
Now we are getting to know who the cabal are... One by one they will fall. JEG the ball is in your court to prove yourself.
Re: Labour Minister Unveiled As The Beneficiary Of N2.7b Oil Subsidy Fraud by ofegge73(m): 9:35am On Dec 05, 2012
I am tired of all these,did I hear someone say"Nigeria will get better" hell no,it won't.the only way We can still salvage this fraud called Nigeria"is to take a drastic turn" too much talk,no action.Any way is a way,the Judiciary is corrupt,legislative,Executive and all the rest. Nigerians should stop seeing themselves from the ethnic perspective,but just like the Subsidy protests"when it didn't matter if you were igbo,hausa or yoruba,we had a common cause to fight for,that's the spirit of unity.Its time for Us to unite and flush out the rot" in Our Country.Few years ago,how much were You buying PMS?was there no subsidy or a mechanism that kept the price at a stable low? EVeryone is saying "DEMOCRACY"is the best option of governance,I agree,but is Our own contraption working for Us?Too many questions,only WE can answer. 2015 is around the corner,what will you do?Its either We vote in a candidate with a track record or We take the law into Our hands," KILL ALL THE BASTARDS" in One fell swoop! REVOLUTION!!!!! PEACE comes at a price,Are We ready to" call a spade a spade" . That's the multi-zillion naira question,not the Millions and Billions that they have plundered or continue to plunder. Wake up comrades!

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