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Nairaland Forum / Nairaland / General / Politics / Governor Loses $10m Bail Out Funds To Mistress In Texas, US (52613 Views)
Ex-Governor Loses Hotel In Singapore To Mistress / NLC Names TEN States That Mis-Spent Their Bail Out Funds / Bailout Funds Scandal: Nigerian Governor Loses $10m To Side Chic (2) (3) (4)
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Governor Loses $10m Bail Out Funds To Mistress In Texas, US by Dotng: 1:00am On Jan 28, 2017 |
Bailout funds scandal: Governor loses $10m to mistress A governor is under probe after the sum of $10 million he diverted from the bailout funds allocated to his state was hijacked by his mistress. The governor was said to have commissioned his mistress to help him launder the said sum only for the latter to refuse to remit it in the slush accounts the governor provided. Already, the money in question has been traced to a bank in the United States. The Nation investigation revealed that the governor resorted to using his US-based mistress to stash the funds abroad in order to avoid monitoring by security agencies. The cash was allegedly either wired or hauled in tranches in order to beat the nation’s Financial Intelligence Unit (FIU). In spite of the governor’s tricks, however, security agencies were able to intercept the deal between him and his mistress. It was gathered that the diversion of the looted $10 million by the mistress created an uproar that triggered the ongoing investigation of the deal between the love birds. One of the sources involved in the probe said: “A governor from an oil-producing state is in soup and under probe by some security agencies. “The governor seems to have been duped by his mistress who stays in Texas in the United States. “The governor is worried after discovering that his girlfriend has defrauded him of $10 million. “What started as a love affair and promises of good faith has turned sour. “Yet the governor would not want his wife or the people of the state, who will be disappointed, to know about this ugly transaction.” The security chief added: “Investigation so far indicated that the governor allegedly diverted part of the bailout funds meant for his state to the mistress. “All relevant security agencies are already tracking how the cash was wired to the mistress as well as the whereabouts of the funds. “Very soon, the details of the transaction will be revealed to Nigerians. “This is why the government has decided to monitor how bailout funds and London-Paris loan refunds were spent.” The Presidency in 2016 released the sum of N1. 266.44 trillion to 36 states within nine months. The breakdown includes N713.70 billion special intervention funds to states and London Paris Club loan refunds of N522.74 billion. The Independent Corrupt Practices and Other Related Offences Commission (ICPC) had said 16 states were yet to disburse about N57, 663, 185, 735 of the bailout funds approved for them by President Muhammadu Buhari. The agency also indicted some of the states for diverting the bailout funds which were meant for workers’ salaries. http://thenationonlineng.net/bailout-funds-scandal-governor-loses-10m-mistress/ 5 Likes 1 Share |
Re: Governor Loses $10m Bail Out Funds To Mistress In Texas, US by Nobody: 1:02am On Jan 28, 2017 |
When will Nigerian leaders stop stealing?Since 1960 the only news we hear is that of corruption. 81 Likes 4 Shares |
Re: Governor Loses $10m Bail Out Funds To Mistress In Texas, US by vitalisdiho(m): 1:05am On Jan 28, 2017 |
No stealing and no corruption 1 Like |
Re: Governor Loses $10m Bail Out Funds To Mistress In Texas, US by softwerk(f): 1:14am On Jan 28, 2017 |
Re: Governor Loses $10m Bail Out Funds To Mistress In Texas, US by Flexherbal(m): 1:34am On Jan 28, 2017 |
To mistress ! 2 Likes 1 Share |
Re: Governor Loses $10m Bail Out Funds To Mistress In Texas, US by Ebubeslym(m): 1:38am On Jan 28, 2017 |
The mistress used part of the bail out fund to bail herself out of poverty at the expense of we the poor masses. 61 Likes 1 Share |
Re: Governor Loses $10m Bail Out Funds To Mistress In Texas, US by HtwoOw: 1:39am On Jan 28, 2017 |
To me it doesn't matter if it is Wike or Fayose , What matters is one pusssy just got approximately ₦500M from a greedy selfish bastard The total amount of money Buhari released to feed 7 states is ₦375M Do you understand why i keep attacking PDP and their defenders ? Bailout was paid in Nigeria , they managed to get $10M out of the country , despite the strict Forex Policy , Is these not corruption fighting back ? Any small thing those useless robots will start shouting Buhari is killing Nigerians As for that Olosho that Got free 125 Likes 9 Shares |
Re: Governor Loses $10m Bail Out Funds To Mistress In Texas, US by odiereke(m): 2:18am On Jan 28, 2017 |
In my language, Ole gbe Ole gba. Meaning Thief don thief Thief. 14 Likes 1 Share |
Re: Governor Loses $10m Bail Out Funds To Mistress In Texas, US by Nobody: 2:55am On Jan 28, 2017 |
Okay. |
Re: Governor Loses $10m Bail Out Funds To Mistress In Texas, US by iambijo(m): 3:21am On Jan 28, 2017 |
P**sy so sweet he add $10million on it 15 Likes 1 Share |
Re: Governor Loses $10m Bail Out Funds To Mistress In Texas, US by sinistermind(m): 4:29am On Jan 28, 2017 |
We want to know his name. 9 Likes |
Re: Governor Loses $10m Bail Out Funds To Mistress In Texas, US by Nobody: 4:52am On Jan 28, 2017 |
sinistermind:PDP governors control all the oil producing states. 46 Likes 1 Share |
Re: Governor Loses $10m Bail Out Funds To Mistress In Texas, US by Nobody: 5:27am On Jan 28, 2017 |
I don't recall us having a governor whose name is "the governor" 91 Likes 5 Shares |
Re: Governor Loses $10m Bail Out Funds To Mistress In Texas, US by Pavore9: 6:45am On Jan 28, 2017 |
That is almost N5b! 6 Likes |
Re: Governor Loses $10m Bail Out Funds To Mistress In Texas, US by GOZILLA(m): 8:01am On Jan 28, 2017 |
kaydutchboy:. Imo state is an oil producing state. 34 Likes 1 Share |
Re: Governor Loses $10m Bail Out Funds To Mistress In Texas, US by megareal: 8:10am On Jan 28, 2017 |
Identity of the governor and his mistress? That's what I'm waiting to read. 8 Likes |
Re: Governor Loses $10m Bail Out Funds To Mistress In Texas, US by ijustdey: 4:15pm On Jan 28, 2017 |
cc lalasticlala One of the sources involved in the probe said: “A governor from an oil-producing state is in soup and under probe by some security agencies. instead of those bakassi boys to hold their governors to ransom....... they are busy chasing shadows and been used politically 12 Likes |
Re: Governor Loses $10m Bail Out Funds To Mistress In Texas, US by Annie939(f): 4:48pm On Jan 28, 2017 |
the lady of my dreams 3 Likes |
Re: Governor Loses $10m Bail Out Funds To Mistress In Texas, US by saintgp(m): 5:22pm On Jan 28, 2017 |
Logical thinking: If 10million dollars is converted to naira we get=5billion naira.i.e.10,000,000*500. From the bail out money that has been shared so far,there's obviously no oil producing state that got such amount. This news appears bogus.it looks like traffic generation post,little wonder no governor's name was mentioned. Modified 36 Likes 5 Shares |
Re: Governor Loses $10m Bail Out Funds To Mistress In Texas, US by AntiWailer: 6:38pm On Jan 28, 2017 |
saintgp: Voltron , Defender of the universe. You keep using your 100 Naira data to defend 10Million Dollar theft. You need prayers oo. Let it not be that you just follow them come. You should be sad that your likes bleed and die during election. Some die online for them to win election and one girl far away just carry the money waka go. On your flawed mathematics. The exchange rate from cbn is still less than 310. so we are talking about 3.1Billion Naira. It is amazing that you are still defending those who denied you quality education by stealing. Is the News TRUE ? I don't know. Is it possible ? YES IT IS VERY VERY VERY POSSIBLE. Another report on bail out fund : http://www.vanguardngr.com/2016/04/states-squandered-fg-bailout-funds/ Even the one with evidence of money traced to account. Low lives still defended Fayose. This is Obanikoro saying I gave him 2.5Billion. Yet you dumb skull still believe he is being persecuted and witch hunted. http://www.vanguardngr.com/2016/10/obanikoro-makes-shocking-revealtions-says-gave-fayose-n2-3bn/ http://punchng.com/obanikoro-admits-giving-n2-3bn-gov-fayose/ This is the summary of bail out funds as released by CBN. None is less than the 500 million you calculated and concluded that no oil producing state collected such. Abia (N14.152bn) Adamawa( N2.378bn) Bauchi (N8.60bn) Bayelsa (N12.85bn) Benue(N28.013bn) Borno(N7.680bn) Cross River(N7.856bn) Delta( N10.036bn) Ebonyi(N4.063bn) Edo(N3.167bn) Ekiti (N9.604bn) Enugu (N4.207bn) Gombe (N16.459bn) Imo (N26.806bn) Kastina (N3.304bn) Kebbi (N0.690bn) Kogi (N50.842bn) Kwara (N4.320bn) Nasarawa (N8.317bn) Niger (N4.306bn) Ogun (N20.00bn) Ondo (N14.686bn) Osun(N34.988bn) Oyo( N26.606bn ) Plateau (N5.357bn) Sokoto (N10.093bn) Zamfara (N10.02bn) 63 Likes 6 Shares |
Re: Governor Loses $10m Bail Out Funds To Mistress In Texas, US by oluseyiforjesus(m): 6:38pm On Jan 28, 2017 |
OP u are part of. Nigeria Problem Pls next time if u can say d name of d person involved better not bring up d Topic 3 Likes |
Re: Governor Loses $10m Bail Out Funds To Mistress In Texas, US by Nobody: 6:38pm On Jan 28, 2017 |
The name of the governor is Governor. OP 11 Likes
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Re: Governor Loses $10m Bail Out Funds To Mistress In Texas, US by Noblesoul123: 6:39pm On Jan 28, 2017 |
saintgp: You are the only one that is thinking rationally on this thread. 12 Likes 1 Share |
Re: Governor Loses $10m Bail Out Funds To Mistress In Texas, US by LastSurvivor11: 6:39pm On Jan 28, 2017 |
Seems the "imaginary" mistress did MMM with the money 5 Likes |
Re: Governor Loses $10m Bail Out Funds To Mistress In Texas, US by Nobody: 6:39pm On Jan 28, 2017 |
What terrible reporting.. Why does it shy from facts beyond the mere details presented in the report ? |
Re: Governor Loses $10m Bail Out Funds To Mistress In Texas, US by luscioustrish(f): 6:39pm On Jan 28, 2017 |
Names please. Why is he being protected? 1 Like |
Re: Governor Loses $10m Bail Out Funds To Mistress In Texas, US by MARKone(m): 6:39pm On Jan 28, 2017 |
All these Tales by Moonlight stories, being dished out by our media people is irritating, so we should start cracking our brain to figure out who the "Governor" is, assuming the story is true, which I very much doubt. 11 Likes 1 Share |
Re: Governor Loses $10m Bail Out Funds To Mistress In Texas, US by Nobody: 6:40pm On Jan 28, 2017 |
What terrible reporting.. Why does it shy from facts beyond the mere details presented in the report ? 2 Likes |
Re: Governor Loses $10m Bail Out Funds To Mistress In Texas, US by Ask4Info: 6:40pm On Jan 28, 2017 |
If Buhari was HONEST with his anticorruption crusade from thee onset, all these will NEVER happen. Your Chief Of Army Staff, Secretary to the Government and Defense Minister have all been embroiled in Corruption charges and you don't just keep mute but go ahead to clear them of all charges. Shehu Garuba, Femi Adeshina and Lai Muhammad are the worst media team ever any President can have. Buhari's silence and nonchalant attitude will eventually ruin him 10 Likes 2 Shares |
Re: Governor Loses $10m Bail Out Funds To Mistress In Texas, US by Agriman(m): 6:41pm On Jan 28, 2017 |
The Governor should be stone to death. This happen when masses are crying for hunger 1 Like |
Re: Governor Loses $10m Bail Out Funds To Mistress In Texas, US by keyanZuzer: 6:41pm On Jan 28, 2017 |
HtwoOw:500M keh? It's approximately 5billion 16 Likes |
Re: Governor Loses $10m Bail Out Funds To Mistress In Texas, US by Nobody: 6:41pm On Jan 28, 2017 |
This dirty jungle is overdue for some RED revolution! |
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