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Nairaland Forum / Nairaland / General / Politics / Why Did Jonathan Return Capital Oil To Ifeanyi Uba? (63012 Views)
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Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by Nobody: 9:37pm On Nov 10, 2014 |
datolee:Stop telling lies!!! I never said it was seized because of the subsidy. Point it OUT or Shut up forever!!! You are a shameless liar and embarrassing yourself in public. There was a court ruling for the Company to be run by AMCON for two years. There was nothing like a "IF" The corporation said, “Following discussions with COG, a resolution was reached, which was subsequently adopted as terms of settlement in suit number FHC/ABJ/CS/714/2012 at the Federal High Court. One of the key conditions of this settlement is that AMCON takes over executive management of the COG for a period of two years.http://www.punchng.com/business/business-economy/amcon-takes-over-ifeanyi-ubahs-capital-oil/ 5 Likes |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by eleko1: 9:38pm On Nov 10, 2014 |
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Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by Nobody: 9:38pm On Nov 10, 2014 |
barcanista: What if AMCON met their goal before the two period? don't forget they went back to court to agree on the settlement.. I really wonder what is your problem here. One fact we must get out of the way... it has nothing to do with subsidy scam! AMCON does not deal with subsidy, they deal with bad debt of companies 11 Likes |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by neonly: 9:38pm On Nov 10, 2014 |
Political things don start am beginning to hate jona politics isn't a do or die thing nw Always trying to please thieves than d mass remember it was d pple dat put u Der. O Remember Der is God oooo 2 Likes |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by udemzyudex(m): 9:39pm On Nov 10, 2014 |
omenka: Answer is question naa..... Wetin concern oga jona and AMCON You just dey mumu ur sef for here... 9 Likes 1 Share |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by Nobody: 9:40pm On Nov 10, 2014 |
omenka:Nairaland never seize to amaze me. Deranged set of folks who need to be hit with a brick and push down third mainland bridge. 3 Likes |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by Nobody: 9:41pm On Nov 10, 2014 |
datolee:My Friend you better quit this your stale line of thought rather than this your line of thought. There is Nothing like a condition there. AMCON took over due to a court ruling. Which goals? Did you follow this UBAH issue at all? Who is talking of Subsidy here? Please read again... Perhaps you don't understand what a Court Ruling means It was a Court ruling that led to the taken over of the Management of Capital Oil in the first instance for owing over N65 billion. The question is, what is the legal/moral justification for handing over Capital Oil back to Ifeanyi Ubah when the Court Ruled that AMCON should manage it for TWO YEARS, which is 2013-2015? 3 Likes |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by PROCTOR: 9:41pm On Nov 10, 2014 |
Plenty "RIP" myles muore messages.Nigerians NO rip to the 42 children killed by a bomb blast in yobe this morning while in school,.At least our priorities are in the right place.............we dexerve our leaders 3 Likes 1 Share |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by Nobody: 9:42pm On Nov 10, 2014 |
barcanista: The OP stated that the reason for the take over was because of subsidy fraud, and you wrote a comment that I think was affirmative of the suggestion, If you hold a different view, then I withdraw my statement... In that case, you need to advice the OP that the take over has nothing to do with subsidy fraud 15 Likes 1 Share |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by hybeenoni: 9:43pm On Nov 10, 2014 |
[quote author=berem post=27897786]What else if not for 2015 election? Isn't it obvious? Jonathan is corruption personified. Simple!! @ Berem Election is around the corner, dnt be surprised that if Shekau joins pdp 2mao, he wil be given a National award and Pardon. 1 Like |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by Kelvin0(m): 9:43pm On Nov 10, 2014 |
datolee:I am humbled by your presence....Howee u bro 3 Likes |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by chamboy(m): 9:43pm On Nov 10, 2014 |
Many Brainwashed fools here |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by aljharem(m): 9:43pm On Nov 10, 2014 |
datolee:Gbammm !!! A lot of people need to be educated 10 Likes |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by eleko1: 9:43pm On Nov 10, 2014 |
Season of research work,a case study of Niagra.Nothing gud can come out of GEJ and his associate of SaTANIST followers 2 Likes |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by Nobody: 9:43pm On Nov 10, 2014 |
bloodykiller:They need you in Jokes Section sir. Ayamlaykorn TeamSendTANoidsBackToSchool |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by Nobody: 9:44pm On Nov 10, 2014 |
[size=15pt]Lol, so this is a season for political research huh? Interesting![/size] |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by Nobody: 9:44pm On Nov 10, 2014 |
barcanista: You this man, can't you present your facts like a gentleman and stop bullying Abi na because the guy dey disgrace you all the time? Calm down, e never reach quarrel By the time January reach u go hear shege, u never even see anything u don dey para... na wa 11 Likes |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by Nobody: 9:44pm On Nov 10, 2014 |
aljharem:Ayamlaykorn TeamSendTANoidsBackToSchool |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by Nobody: 9:45pm On Nov 10, 2014 |
barcanista: I have not your time really. ‘‘Consequent upon this settlement, Ubah will be resuming his role as the Managing Director/CEO of COG. His resumption as MD/CEO of COG brings to an end the management of COG by AMCON. “This is in accordance with the terms of settlement as agreed by both parties that the loan be serviced as per the judgement of the Federal High Court. “This settlement is in line with AMCON’s roles as a resolution vehicle to help stabilise and revitalise the Nigerian banking system and economy,’ The settlement was in accordance with the judgment of the court! 18 Likes 1 Share |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by aljharem(m): 9:45pm On Nov 10, 2014 |
udemzyudex: Good question !!! In fact the Tinubu is a major share holder of Amcon |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by Nobody: 9:45pm On Nov 10, 2014 |
datolee:My friend, I am not the OP. The man Ifeanyi Ubah already have a Subsidy Fraud indictment hanging on his neck(but that is a story for another day). The issue here is AMCON handing over management of Capital Oil to Ifeanyi Ubah before the expiration of the TWO Year period that was ruled by the Court. The corporation said, “Following discussions with COG, a resolution was reached, which was subsequently adopted as terms of settlement in suit number FHC/ABJ/CS/714/2012 at the Federal High Court. One of the key conditions of this settlement is that AMCON takes over executive management of the COG for a period of two years.The question is "What is the Legal or Moral Justification" here? 4 Likes |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by drjay1(m): 9:46pm On Nov 10, 2014 |
Hmmmmm... Question for the gods! I dont think jonathan has d will to fight corruption. Its sad when i read comments by pple in his defence. Am not sure if APC can do better, i just wish we can demand more from these our "clueless" leaders instead of fighting ourselves over them! We can make the presidency accountable irrespective of who occupies that position! Thats what we should aim at, not choosing who is less corrupt! 1 Like |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by omenka(m): 9:46pm On Nov 10, 2014 |
datolee:Where in the links you provided earlier was it stated that they were to hand the company back to Uba after the two year period Who is distorting facts here You try to pass yourself up as someone who's smart, but frankly, only kiddos fall for that. Besides, they said "2 years", so by my estimation, it's been 17months since AMCON took over. What's the rush in handing over?? Is it out of fear what might transpire in the forthcoming elections?? Why not at least 22 months?? Someone is definitely using back channels here. |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by kasiem(m): 9:46pm On Nov 10, 2014 |
Ipledge:dont worry bro, u know the saying" he who comes to equity comes with clean hands". this guys have been going to equity with soiled hands and some gullible fellows are just falling for them thats the reason we are following them up so people will know their real personality 1 Like |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by bloodykiller: 9:47pm On Nov 10, 2014 |
laykorn: buhari is a terrorist gej till 2019 team #killyourfather #SendOtuNneIToSchool 7 Likes |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by lacasa: 9:47pm On Nov 10, 2014 |
shizzleStar: You asked for Sincerity, and it was given to you. And you result to empty insults #.. Not suprised at yr exhibited complex tho "U shouldn't throw stones if u live in a Glass house" |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by unlimitedbosco: 9:48pm On Nov 10, 2014 |
barcanista:stop calling it a regime it a democratical elected government note pls regime is buhari abacha and his people 5 Likes 1 Share |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by Nobody: 9:48pm On Nov 10, 2014 |
Answer: GEJ returned Capital Oil n Gas to Dr. Ifeanyi Uba because he support and loyalty to the presidency is impressive #TAN. OP, are u ok with the answer |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by Nobody: 9:48pm On Nov 10, 2014 |
omenka: I have no time for you really...My question for you, what is the business of AMCON and subsidy? the other banks taken over by AMCON was because of subsidy? You should first educate yourself on the working of AMCON. Go to court and challenge the handover, until then, GEJ till Buhari stop contesting 21 Likes 1 Share |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by pentagonal: 9:48pm On Nov 10, 2014 |
aljharem: damn!!!! you are simpleton and more useless to humanity than a headless sloth. pray, tell us anywhere in the whole wide world that government bail out corporation for free the housing bailout and auto bailout in the USA saw loads of financial guys doing jail times, with loads of return of capital after most of em got there foot back. how will you explain the Muhammed abacha, alams, ffk, all mustapha and others pardon too. Mr federal character is better you exchange your worthless brain for few sticks of kulikuli cos the fat matter in your cranium is more useless than a tuberculosis carrier phlegm. 2 Likes |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by Nobody: 9:49pm On Nov 10, 2014 |
datolee:This is in contradiction to the original adoption by the court. The corporation said, “Following discussions with COG, a resolution was reached, which was subsequently adopted as terms of settlement in suit number FHC/ABJ/CS/714/2012 at the Federal High Court. One of the key conditions of this settlement is that AMCON takes over executive management of the COG for a period of two years. The agency added that it would, within the two years, “drive the turnaround of the company’s operations in order to meet various timelines and goals set by COG’s board of directors and AMCON.”http://www.punchng.com/business/business-economy/amcon-takes-over-ifeanyi-ubahs-capital-oil/ The TWO years is supposed to be June 2013 to June 2015 cc Omenka egift Obiagelli 2 Likes |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by udemzyudex(m): 9:49pm On Nov 10, 2014 |
kasiem: You will hear things like There was bomb blast yesterday in yobe and the president is declaring to run for second term.... Lol... I know how this people run their thing... I'm already use to it. |
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