If information at our disposal is anything to go by, then the nation’s number one cop, who is charged to sanitize the society of wrong doings, might be swimming in a monumental fraud capable of relieving him of his sensitive position. The Inspector General of Police, Mohammed Dikko Abubakar, National Enquirer gathered exclusively, would have to explain to the Police authority and the nation as a whole his involvement in what some policemen termed a forceful and illegal offer of private placement, a shady shares allotment enforced on police personnel.

The office of the Inspector General of Police via his agents-Fokas Savings & Loans, we gathered exclusively has allegedly raked in a whopping sum of N4.7 billion, being total monies forcefully deducted from police salaries to buy shares without their consent.

Below is a bromide copy of the form circulated and enforced on them to be filled and submitted. In total, N11, 000 was deducted in two installments from about 370,000 police personnel across Nigeria.

This is not one of those cock and bull stories, everyone has got a police friend or have one as a neighbour, all you need do is sound them out, most especially the rank and files (low cadre officers) whose money were deducted twice (N5,500 for two months) without their knowledge, all in the name of buying shares.

As you read this, talks of this is spreading like wild fire in Police barracks even though they have no such guts to revolt or protest, it is against the police act but the opinion poll we gathered has it that, the newly wedded Police boss, Mohammed Abubakar has been nicknamed as the most corrupt in the history of Nigeria police.

Some policemen in the state have actually raised an alarm over exactly what they called, “arbitrary deductions from their salaries. They affirmed that the Mechanised Salary Section  of the police made unsanctioned deductions of N5, 500 from their salaries for the procurement of Fokas Savings and Loans Limited shares.

“This is so ridiculous, how could this happen in a civil society, how can my money be deducted without being properly briefed about the shares am being forced to buy? For instance, how many shares will my money give me? I don’t know, this IG is very dubious”, the angry policeman quipped.

Some of the policemen that spoke to us pointed out that the plan was suspicious due to the fact that they were not notified regarding it, prior to the salary deduction. They added that it was after the very first deduction had been made that they were enlightened by their ogas at the top that the cash would certainly be subtracted monthly until further notice.

Read more at www.aproko247.com/2013/12/01/police-ig-md-abubakar-in-n4-7b-shares-scandal/

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In Nigeria, vice is virtue. If found guilty, the worst that can be done is an 'administrative caution' and afterwards he goes on to enjoy his largease.

i dont see anytin coming out of it under gej government, where administrave caution is recomended as punishment 4 a corrupt official or presidential pardon is offered them.

The socalled reformer.That explains his lavish wedding like a royalty.

Nigeria police like the politics is a criminal syndicate.Anybody that thinks otherwise must be out of his/her mind.

Well they'll recoup their losses @ the check points.

Time for anothet committee, while we are waiting for the one on bullet proof cars

^^^^ Borrowing from Oduoh's defence, he probably would ask:
Were the shares bought in his personal name?
Was the money lodged into his personal account?
Since when did it became wrong to help subordinates invest for their future?
Shouldn't ppl be congratulating him for the improved police force with their smarter new uniforms?
Oduoh did it and got away with it so why is he being discriminated - is it because he is not Igbo and a Christian?

Anyway, should anyone dare call for his sack let them be ready to witness big demonstrations at Eagle Square by placard carrying Hausa - Fulani youths, handsomely paid N4,000 per head, crying genocide and marginalization threatening to take their case to the International Court of Human Rights, for this gross violation of their own son.

If the shares were bought for the Niger police then the man should be left alone but if they are his personal shares then EFCC shouldbe Iinvited, how come the double mouthed hypocritical dogs are not barking but have decided to remain mute, how come the supervisor ministry ,national assembly ,Dino melaye, femi falana, wole soyinka and FFK have not read this breaking news

kettykin: If the shares were bought for the Niger police then the man should be left alone but if they are his personal shares then EFCC shouldbe Iinvited, how come the double mouthed hypocritical dogs are not barking but have decided to remain mute, how come the supervisor ministry ,national assembly ,Dino melaye, femi falana, wole soyinka and FFK have not read this breaking news

The ones they have been shouting since nko? What has the president done about it? It is obvious this president protect corrupt individuals and encourage corruption. So it is waste of time for any reasonable parson to fight or protest against corrupt individuals again, activist and sentiment free Nigerians are just looking and praying that his tenure should end quickly so that we can atleast reduce the level of open support 4 corruption.

Were they held on gunpoint to collect, fill and sign the forms?

I can even see there was a process from collection of the form, providing the needed data and appending their signatures on the form then returning and submitting the said form.

Is like some people are confused

Below is a bromide copy of the form circulated and enforced on them to be filled and submitted. In total, N11, 000 was deducted in two installments from about 370,000 police personnel across Nigeria.

(N5,500 for two months) without their knowledge, all in the name of buying shares.

Corruption Has Been Illegally Legalised In Nigeria, Just Dont Get Caught

D money will be for post honey moon

when its an ordinary citizen it's going to be a crime, but when it's a highly placed oga at the top its a scandal

Brimmie: Corruption Has Been Illegally Legalised In Nigeria, Just Dont Get Caught

It doesn't matter any more if you are caught, just as long as you are a known friend of the gov/ruling party you'll have immunity, worst that can happen is that they'll set up a fake committee to exonerate you or if found guilty the president is ever ready to give official pardon.

Me_Aboki: ^^^^ Borrowing from Oduoh's defence, he probably would ask:
Were the shares bought in his personal name?
Was the money lodged into his personal account?
Since when did it became wrong to help subordinates invest for their future?
Shouldn't ppl be congratulating him for the improved police force with their smarter new uniforms?
Oduoh did it and got away with it so why is he being discriminated - is it because he is not Igbo and a Christian?

Anyway, should anyone dare call for his sack let them be ready to witness big demonstrations at Eagle Square by placard carrying Hausa - Fulani youths, handsomely paid N4,000 per head, crying genocide and marginalization threatening to take their case to the International Court of Human Rights, for this gross violation of their own son.

I known you can not strike a difference between an apple and orange. It is an act bordering on lack of human intellect to equate using police fund to engage in capital investment bound to produce profit to the fact of an agency purchasing an operational vehicles for a ministry of aviation that is not bound to accrue any dividend. Nigeria is indeed a waste of human endeavor.

Me_Aboki: ^^^^ Borrowing from Oduoh's defence, he probably would ask:
Were the shares bought in his personal name?
Was the money lodged into his personal account?
Since when did it became wrong to help subordinates invest for their future?
Shouldn't ppl be congratulating him for the improved police force with their smarter new uniforms?
Oduoh did it and got away with it so why is he being discriminated - is it because he is not Igbo and a Christian?

Anyway, should anyone dare call for his sack let them be ready to witness big demonstrations at Eagle Square by placard carrying Hausa - Fulani youths, handsomely paid N4,000 per head, crying genocide and marginalization threatening to take their case to the International Court of Human Rights, for this gross violation of their own son.

DerideGull:



I known you can not strike a difference between an apple and orange. It is an act bordering on lack of human intellect to equate using police fund to engage in capital investment bound to produce profit to the fact of an agency purchasing an operational vehicles for a ministry of aviation that is not bound to accrue any dividend. Nigeria is indeed a waste of human endeavor.

How would you expect an intellectually challenged goro chewing Hausa man to know what an apple is, let alone the difference between it and an orange?

On the other hand, it is profoundly shocking and most embarrassing to observe the failure in a person with supposedly superior intelligence and exposure not to notice and appreciate obviously blatant SARCASM when he meets one.

What a pity, its evident that you must have been well tutored by Mr. Odechukwu himself.

BTW, in case you didn't notice, the 1st paragraph of my reply to was a deliberate example of sarcasm (just to coach you a little) so don't go about taking it literally - though it wouldn't surprise me if you still do, olodo rabata

I think we need to start electing our CP.