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Nairaland Forum / Nairaland / General / Politics / Buhari's Bank Sponsored His Election And It Wasn't Corruption. (4921 Views)
When Buhari Suddenly Realised That Dasuki Sponsored His Campaign / How Fayose Begged Zenith Bank To Cover Up The Source Of His Election Funds - SR / Fayose Threatens To Expose Those Who Funded His Election (2) (3) (4)
Re: Buhari's Bank Sponsored His Election And It Wasn't Corruption. by tuniski: 12:30pm On Jun 26, 2016 |
StOla:Buhari illegitimately obtain bank loan for politics. Pls get yourself informed! |
Re: Buhari's Bank Sponsored His Election And It Wasn't Corruption. by dammytosh: 12:40pm On Jun 26, 2016 |
paschu: What else can be this low this week ? Ignorance at its peak. 1 Like 1 Share |
Re: Buhari's Bank Sponsored His Election And It Wasn't Corruption. by AZeD1(m): 12:44pm On Jun 26, 2016 |
paschu:Bros the freedom of information act only covers Federal institutions. 1 Like |
Re: Buhari's Bank Sponsored His Election And It Wasn't Corruption. by ednut1(m): 1:30pm On Jun 26, 2016 |
was actually feeling u till i got to d dangote part. u dull sha 2 Likes |
Re: Buhari's Bank Sponsored His Election And It Wasn't Corruption. by AlPeter: 1:33pm On Jun 26, 2016 |
helpee:are really this daft or just plain stu.pid have been reading your long posts on this thread and they seem to be getting dumber with every new post. 1 Like |
Re: Buhari's Bank Sponsored His Election And It Wasn't Corruption. by dammytosh: 1:40pm On Jun 26, 2016 |
dammytosh: |
Re: Buhari's Bank Sponsored His Election And It Wasn't Corruption. by wirinet(m): 1:55pm On Jun 26, 2016 |
See wailing. The Surgeon General warns that wailers are liable to die young. I shudder to think of what will happen to you guys if Buhari wins second term in 2019. bnovative:Comparing the 2 is like comparing moimoi burger to MacDolald's Big Mac. Buhari said he took a loan from his bank to buy normination form, Fayose said his bank sponsored his election. Notice the difference? besides, Buhari's pension as former head of state is N27 million/month and it is paid into his bank account, so his bank is certain the loan will be repaid. ( Jonathan has been receiving the same N27 million since he handed over last may) Now tell me how Zenith Bank intends to recover the N1.6 billion it used in sponsoring Fayose. The issue is not buying a house in Dubai, the issue is the value of the property in Dubai. Buying a property in Dubai was no big deal, My partner bought a house in Dubai 8 years ago. He did not even have to travel outside Nigeria to buy the property. Dubai then was carrying out an aggressive property marketing program. They brought colourful brochures to my office and give you very convienient payment options. My partner bought an apartment for less than $50,000 with a full payment period of about 2 years. I am sure thousands of Nigerians bought properties in Dubai then. The problem with Dezani's is that her properties are said to be worth millions of dollars, meanwhile we were not told the value of Burutai's properties. The fact that Dangote owes his bank money is public knowledge, the surprise here is the fact that Ben Bruce was owing his bank, because prior to now, Ben Bruce behaved as if he set up all his businesses from his pocket. Now, have you heard any complaint from Dangote's bank that he has defaulted in his loan repayments? Has Dangote's debts been bought by AMCON? Do you even know the process of AMCON acquiring a bad debt from a bank? So what should Union Bank had done? Let Ben Bruce run away with depositors money? Or close down the Bank because people like Ben Bruce are too powerful to collect their loans from?
Did Buhari buys any Jet? Remember your Hero Jonathan was trying to buy anothe Jet to add to the 9 before he lost the elections. Buhari is just managing the situation he met on the ground. 3 Likes |
Re: Buhari's Bank Sponsored His Election And It Wasn't Corruption. by paschu: 2:12pm On Jun 26, 2016 |
Take a look: http://lawpadi.com/how-to-make-a-freedom-of-information-request-in-nigeria/ The law was intended to apply to every public official/institution across the country. You are only saying that it does not apply to states because of a contradictory court ruling that happened in Lagos. But you forgot that prior to the delivery of the Lagos judgement, a high court judge in Ibadan, S.A. Akinteye, ruled that FoI Act is applicable to all States of the Federation. "The Ibadan High Court ruled last year that the application of the FoI Act was for the entire federation, therefore, “does not need to be domesticated by any state before taking effect in all states across the federation.” http://dailypost.ng/2014/11/01/court-rules-foi-act-binding-states/ http://www.nigeriannews.net/index.php/sid/227289435 It may also interest you to know that the said Ekiti State (besides Lagos), based on the information available to me, is the only State in Nigeria that has domesticated the FoI Act. So you, dammytosh and StOla are clearly just ranting over nothing. See validation: http://www.nigerianlawtoday.com/2015/10/the-freedom-of-information-act-and-its.html AZeD1: |
Re: Buhari's Bank Sponsored His Election And It Wasn't Corruption. by dustydee: 3:13pm On Jun 26, 2016 |
StOla:Did Buhari ever say he took a loan to buy form? It's the newspapers that took the loan on his behalf. I listened to him when he made a comment about informing his bank to honour any check from him whether he had money in the account or not. Now how is that the same as I took loan to buy nomination form? |
Re: Buhari's Bank Sponsored His Election And It Wasn't Corruption. by Dezolo(f): 3:28pm On Jun 26, 2016 |
Lol.. Never expect a fair treatment when dealing with certain people |
Re: Buhari's Bank Sponsored His Election And It Wasn't Corruption. by dammytosh: 4:10pm On Jun 26, 2016 |
paschu: So what does this teaches us ? U just piled up irrelevant craap. The point raised is clear and not debatable. 1 Like 1 Share |
Re: Buhari's Bank Sponsored His Election And It Wasn't Corruption. by cokoduck: 5:39pm On Jun 26, 2016 |
louqas:Don't you try deflect the discussion, I want to know how a carear military man can acquire from savings two mansions in Dubai worth over a million Dollars, with a salary of 700,000 naira a month, even if he was paid 2 million naira a month, how was he able to afford those houses? Whether he declared them or not Is not a problem. |
Re: Buhari's Bank Sponsored His Election And It Wasn't Corruption. by louqas: 5:47pm On Jun 26, 2016 |
cokoduck: I don't know . But there is no law that says he can't earn money from other sources legitimately . He can be a director in a company, farm, He can also come from a rich family or even inherit money after he has become a millitary man. The onus is on you to prove he got the money illegitimately or corruptly enriched himself. Or will you say if a son of dangote becomes a soldier he cannot own property in Dubai? |
Re: Buhari's Bank Sponsored His Election And It Wasn't Corruption. by naijaboy756: 5:58pm On Jun 26, 2016 |
louqas:so u have brain to reason. He can earn from other sources But Diezani that was a director in Shell is corrupt for buying Dubai properties. God will judge all of you! 1 Like |
Re: Buhari's Bank Sponsored His Election And It Wasn't Corruption. by louqas: 6:01pm On Jun 26, 2016 |
naijaboy756: so u have brain to reason. You must be the biggest FOOL on nairaland . Na thunder go fire you,your father ,your mother and all your extended family of you no stop dey quote me . |
Re: Buhari's Bank Sponsored His Election And It Wasn't Corruption. by cokoduck: 6:28pm On Jun 26, 2016 |
louqas:please scroll down for the reply |
Re: Buhari's Bank Sponsored His Election And It Wasn't Corruption. by Valendo: 6:35pm On Jun 26, 2016 |
StOla: You talked as if you do not know what you are saying. You said buhari applied for a loan to buy form. That alone is a bad thing. How did he intend to pay back? Oh! Maybe he will use his salary. Buhari is definitely not the person that will help this country. |
Re: Buhari's Bank Sponsored His Election And It Wasn't Corruption. by cokoduck: 6:37pm On Jun 26, 2016 |
louqas:Military service expects exclusive devotion, You can not be a military man and engage in another business lest you give a divided attention, you cannot be a military man and be a director of any company, he never said he inherited any money, Sir Luis Ojukwu, the father of the Emeka Ojukwu you know, was the richest Black man alive then, if he had even 10 houses in Dubai then, we can do a background check, now let us do a background check on Buratai and try to know who his father was and how many properties his father had, and which business his father engaged in that enabled Tukur Burati to own two mansions valued at almost $1,000,000, and remember he said before he became chief of staff. 1 Like |
Re: Buhari's Bank Sponsored His Election And It Wasn't Corruption. by louqas: 7:59pm On Jun 26, 2016 |
cokoduck: The onus of proof is on you Mr go do your research if you really want to know |
Re: Buhari's Bank Sponsored His Election And It Wasn't Corruption. by bnovative(m): 8:16pm On Jun 26, 2016 |
louqas: ignoramus!! Some of u kids refused to seek knowledge and u keep showing ur ignorance every where u go. continue. |
Re: Buhari's Bank Sponsored His Election And It Wasn't Corruption. by bnovative(m): 8:21pm On Jun 26, 2016 |
louqas: Even when the guy u quoted took pains to educate u, pride wouldn't allow u say thank u. pathetic! 2 Likes 1 Share |
Re: Buhari's Bank Sponsored His Election And It Wasn't Corruption. by louqas: 9:40pm On Jun 26, 2016 |
bnovative: YOU ARE A FOOL AND YOUR LIFE IS PATHETIC . |
Re: Buhari's Bank Sponsored His Election And It Wasn't Corruption. by louqas: 9:41pm On Jun 26, 2016 |
bnovative: Go lecture your parents at home since you are old enough to do so |
Re: Buhari's Bank Sponsored His Election And It Wasn't Corruption. by sheymaziggy: 9:47pm On Jun 26, 2016 |
PapaBrowne:Has d bank complained that buhari hasn't paid back ? |
Re: Buhari's Bank Sponsored His Election And It Wasn't Corruption. by rhymaster: 10:08pm On Jun 26, 2016 |
PapaBrowne: You are a well known PDP nematode and Jonathan yam stealing supporter so there is no sense in addressing your nonsense post! Next!! |
Re: Buhari's Bank Sponsored His Election And It Wasn't Corruption. by FOLYKAZE(m): 10:48pm On Jun 26, 2016 |
helpee: You are the foolish person here. Instead of bleating like a goat on public forum, you can simply google the owe aspiration and payment of form processes. Buhari did not apply for any loan at that period for collecting presidential form. Buhari paid for the APC presidential form with Bank Overdraft. Falana was rebuffed by Buhari campaign team. Read their statement: Falana got it all wrong. It wasn’t a loan, it was an overdraft he asked his manager for until he gets back to his home and then arranges to pay the next day. He just made his declaration and chief Oyegun asked him to pick the form before leaving but he didn’t think he had enough balance in his account to cover the amount for the form so he had to call his account manager to grant him an overdraft for the difference until he gets home when he will sort it out. Buhari being a man of integrity does not want to give a bounced cheque and the manager granted it to him immediately. A bank overdraft is designed for customers who have bad credit record. It is a credit facility but not necessary a loan which grant a bank customer to withdraw more than what the customer have with the bank. An overdraft occur when money is withdrawn from a bank account and the available balance goes below zero. The negative balance is draft which will be covered when money is deposited into the said account. There was no loan parsay. Buhari had enough as people were already donating for him. I can proudly mention here that I am one of those who donated token for his campaign. Buhari was asked to pick up the form right inside Oyegun office when he went there for declaration. It was his manager who granted him overdraft. Overdraft unlike loan does not attract collateral and subsequent payment into that account will pay off the negative balance. |
Re: Buhari's Bank Sponsored His Election And It Wasn't Corruption. by Akissani: 10:56pm On Jun 26, 2016 |
helpee:after spending @least six yrs in medical school all u do is to come to nairaland and support criminals like fayose... A medical doctor supporting criminals....chai patients done suffer |
Re: Buhari's Bank Sponsored His Election And It Wasn't Corruption. by Izonpikin: 11:00pm On Jun 26, 2016 |
louqas:as usual ....escapism... Oboy...no kill yourself on top buhari and his team oo....Theyve existed before you and of course corrupt before you... |
Re: Buhari's Bank Sponsored His Election And It Wasn't Corruption. by FOLYKAZE(m): 11:08pm On Jun 26, 2016 |
PapaBrowne: Firstly, Buhari did not take any loan. Someone who doesnt take loan is not mandated to pay for any load. Secondly, the period between the campign period and this very moment is not up to 2 years. Your hate filled head wants Buhari to be like PDP loan hijacking goons who have refused to payback what they borrowed and thrown our bank to the edge. Thirdly, you wailers need brain refresher. Buhari paid for his form with bank overdraft. Overdraft is a credit facility but not a loan. It involve withdrawing more than the actual balance in one bank account without collateral. This facility is granted to only those who have poor credit record. Fourthly, Buhari does not need Tinubu to bridge up Buhari account from the negative balance. Entitlements, grants, pension and salary he collected before he was sworn in is enough to cover this money. There is a report that said he paid the draft when he returned home. Buhari did not fund his campaign with loan or donation from bank. For every standard, he funded his campaign with donations from fans which I am proudly one of them. He didnt go against the law of the state. |
Re: Buhari's Bank Sponsored His Election And It Wasn't Corruption. by FOLYKAZE(m): 11:35pm On Jun 26, 2016 |
helpee: Some people are just daft. You want APC to publish her account details? To convince you? What does this minions take theirselves for? No political party in the world has ever published their account statement. Fayose hadnt done anything close to that. I dont know why you expect APC which new in Nigeria political sphere to do such. Everyone cannot be daft like you are. It is a duty of a political aspirant to declare interest for a post and buy form which officially affirm his interest. It is also the party duty to fund the campaign of their candidate. APC is a national institution and has to capacity to pump billions into the campaign of her candidate. This fund amounting to billions come from due payment, donation, sponsorship from members, fans and families. Buhari with CPC campaigned with vechicles donated to him by friends and close associate. APC has bigwigs and businessmen as members who could pump billions into Buhari campaign. It does not necessary mean Buhari should pay or take loan for his campaign. That is the job of a political party. Each party chapter contribute lot to national politics. Donations sprang in from different angle. Some pay in a thousand, some in multiple thousand, some in ten and hundred thousands. Some in millions, ten and hundred million. APC faithful members are up to a million. Even if they donated 1000 naira each, that is a bilion naira. Add up money from non partisan fans. There was a report of a woman who paid millions from her saving. There was a report of a little girl who gave out more than six thousand naira. Adding these donations together is closing up to 10bn. Buhari did not take any loan. He only paid for his form with bank overdraft. Bank overdraft is not the samething as loan as it does not involve collateral just like the using of credit card. The entitlements, dues, pension fund he receive before been sworn in is enough to balance his negative balanced account. He only need to sit back and watch the Party doing the remaining job for him. |
Re: Buhari's Bank Sponsored His Election And It Wasn't Corruption. by helpee(m): 9:00am On Jun 27, 2016 |
FOLYKAZE:i dont need to respond to your incoherent rant but just so you may be educated. Bank overdraft is a loan usually backed with collateral in Nigeria. i am not a banker but ive taken overdraft a number of times and i used my C of O as collateral. No bank in Nigeria will give you overdraft without collateral except salary advance and your pay back cant be moore than 33% of your monthly pay usually small amount. Most of you just sit down behind keyboard typing rubbish when you are supposed to be looking for your daily bread because no serious business man or top executive will come here saying overdraft is not a loan. what is it then?. Saying overdraft is not a loan means i don't even need to argue with you because it is obvious you know nothing about what you are saying. All the banks in Nigeria have website. kindly paste the link to any bank that gives overdraft without collateral in Nigeria let us see. |
Re: Buhari's Bank Sponsored His Election And It Wasn't Corruption. by helpee(m): 9:09am On Jun 27, 2016 |
FOLYKAZE:FROM FIRST BANK WEBSITE, THIS IS THE REQUIREMENT FOR OVERDRAFT LIKE EVERY OTHER BANK IN NIGERIA-----This product is designed to provide a structured and controllable mechanism through which FirstBank may provide overdraft to retail organisations with annual turnover of N500 million and below in all segments of the economy to finance working capital requirements of the business. Features Maximum amount is N20 million Maximum tenor of 12 months Collateral – Legal Mortgage over property in FirstBank acceptable Locations or Treasury Bills/Fixed Term Deposit Benefits Accompanying Documents Next Step Frequently Asked Questions. when you finish educating yourself you can come come back to join the forum but for now, we are not inviting small small boys that only patronise microfinance banks or LAPO |
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