N1.5billion Fraud: Senator Peter Nwaoboshi Loses To Federal Gov’t Property He Fraudulently Purchased From Delta State

The Federal High Court in Lagos on Monday ordered the temporary forfeiture of a 12-storey building at 27 Marine Road, Apapa, belonging to Senator Peter Nwaoboshi (PDP-Delta North Senatorial District), until the conclusion of investigations. The order followed an application by the Economic and Financial Crimes Commission (EFCC) and argued by its counsel, George Chia-yakua, against Senator Nwaoboshi and his two companies: Golden Touch Construction Project Limited, and Bilderberg Enterprises Limited.

Urging the court to grant the application, the EFCC counsel told the court that the application was pursuant to section 44(2)(k) of the constitution of the Federal Republic of Nigeria, 1999 (as amended), and Sections 28 and 29 of the EFCC (Establishment) Act 2004.

He further told the court that the commission had received a petition from the anti-corruption group, 'Anti-Corruption and Integrity Forum', against the senator and his companies, alleging money-laundering against the Senator, who is the chairman of the Senate Committee on Niger Delta Affairs.

In an affidavit in support of the application, Garuba Yusuf Abubakar stated that upon receiving the petition, several investigations were commenced with a view to tracing the movement of funds suspected to be proceeds of illegal activities, the source of funds, and the beneficiaries. Included in the inquiry were the Code of Conduct Bureau, banks, the Delta State Governor's office, the Delta State Tenders Board, the Nigeria Customs Service, the Lagos State Ministry of Lands, the Federal Inland Revenue Service, and the Corporate Affairs Commission (CAC),

The deponent stated that sometime in 2010, the Tender Boards of Delta State awarded a contract to the Senator's second company, Bilderberg Enterprises Limited, to purchase new construction equipment for the Delta State Direct Labour Agency, for N1.580 billion. But rather than buying new equipment, the company only imported and supplied used equipment to the agency, although the state government fully paid for new ones.

Mr. Abubakar further stated that the investigation revealed that the Senator moved the proceeds to various accounts linked to him, and his company bided and bought the said 12-storey building known as "Guinea House" in Apapa for N805 million, with the used of his first company, Golden Touch Construction Project Limited, adding that response from the Secretary of Delta State government shows the sale of the building was to the Senator's company.

He further stated that in the assets declaration form submitted the Code of Conduct Bureau in June 2015, Senator Nwaoboshi claimed he acquired the said property Apapa through being a Director of Golden Touch Construction Projects Limited, a claim that was contradicted by the Corporate Affairs Commission, which revealed that the Senator is neither a shareholder nor a director of the company. Similarly, Nwanbuoku Ike and Emma Ekpon, the purported directors and shareholders, in their judicial statements denied knowledge of being directors and shareholders of the company, affirming that the presence of their names in the CAC documents was forged.

The deponent also averred that further investigation revealed that the Senator's Bank Verification Number (BVN) 22300559079, has 20 Bank accounts he operates in Nigeria, while his private companies through BVN 22244303840, have 23 Bank accounts.

Mr. Abubakar also further that he was informed on April 6, 2017, by E. E. Iheanancho, an EFCC lawyer, on that an order of the court attaching the said 12-storey building to the Commission to prevent its disposal pending the conclusion of the investigation and when a criminal charge will be filed against Senator Nwaoboshi and his companies.

Justice Abdulaziz Anka, after listening to the EFCC counsel, ordered that the property at 27 Marine Road, Apapa, belonging to Senator Nwaoboshi, be temporarily forfeited to the federal government.

http://saharareporters.com/2017/04/24/n15billion-fraud-senator-peter-nwaoboshi-loses-federal-gov%E2%80%99t-property-he-fraudulently

Politicians? They don't really care about us!

Defenders Of Corruption, Where Are YOU Guys?

Work Done Show!

NgeneUkwenu:
God Bless Jonathan!

Amen!

NgeneUkwenu:
Defenders Of Corruption, Where Are YOU Guys?

Work Done Show!

I only know SUPPORTERS of corruption. They support Buruntashi and his choice property in Dubai.

the case get skew skew!
is it the companies property as contained in the contract listed as assets or the senator was in violation of the CCB/cct act!
violation of contract terms is a serious offence entirely!
hmmmmm/
lawyer don hammer

No sleep for the wicked, all our yam eaters will never go unpunished.

Jonathan you wont go unpunished

Meanwhile...

Peter the Peter...

abeg wen will indomie start puting visa inside their carton ehn?

See my my useless Senator.

Nwodosis:
Politicians? They don't really care about us!

All I have to say is they don't really care about us ........

NgeneUkwenu:
Defenders Of Corruption, Where Are YOU Guys?

Work Done Show!

I have never seen a hypocrite like you in my entire life,your double standard its irritating

GmxN

He also has company along asaba express road

Chai Egbon!! u sef dey among people milking Nigeria, see our small village there where we both hail from, for like 4 years now we have been in blackout and u claim to be representing us well. God dey sha

As much as I remain in different about parties, I still will commend the Buhari Administration for its fight against corruption,call it witch hunt or whatever, the corrupt people u defend don't have u at heart but them and their generations. If every government will witch hunt and lock down free share of money like family business then corruption will gradually fade away and governance will become less juicy and the serious ones will occupy the seat. I pray buharis successor will witch hunt better and introduce trumpet blowing in place of whistle blowing. How on earth will one man, I mean just one man steal billions meant to develop a nation. If only China stole like we did, they wouldn't be where they are today. Let's not let ethnicity & religion poison our reasoning. That is the weapon of the politicians, they let you understand that u are different from the other, different tribe, different religion and after they install hate inside of you, they earn ur support, siphon money meant to better you and ur constituency while u keep supporting blindly. Black man na black man aswear. Na curse?
I wish a revolution happens. Enough is enough already

T

Leader

We are talking about billions here.
Just watch as some hungry miscreants will come here to scream "Leave him alone.
He is our son. He is eating our oil money. What is your business there?. We love him like that.!!"

Nigeria money don finish.

can a stainless political office holder ever be found in this geographical expression

COMING GENERATION SCARES ME...REAL HARD!

While we have been busy talking about Nigeria of today, I wonder if we have spared a thought about how this country will be in the next TWENTY-FIVE years.

On October 1, 1979, when Alhaji Shehu Usman Aliyu Shagari was sworn-in as president, Goodluck Jonathan was just a 22 year-old undergrad of University of Port-Harcourt. Shagari was 54 years old. Ayo Fayose was 19 years old. Bukola Saraki was 17. Yemi Osinbajo was 22. The generation of the likes of Shagari, Richard Akinjide, Adisa Akinloye, Sabo Barkin Zuwo, Sam Mbakwe, Jim Ifeanyichukwu Nwobodo, Ume Ezeoke, Christian Onoh, Akin Omoboriowo, Olusola Saraki, Sunday Awoniyi, Garba Nadama, Awal Ibrahim and so on has gone for good!

Some of us in our 40s, 50s and 60s now, where in school then, either in the university or secondary school. We had lofty dreams, both personal and societal. We were always motivated by nationalists and inventors who had impacted positively on the cause of humanity. We were voracious readers of novels and other books. Nelkon for our Ordinary Level Physics, Lambert for Chemistry, B.O ADELEKE and Goh Cheng Leong for our Geography, Phebean Ogundipe for Practical English, William Shakespeare Chinua Achebe, Cyprian Ekwensi, OLa Rotimi and Wole Soyinka for Literature and others like that.

We were always flaunting our knowledge of current affairs. Inter-school quiz, Literary and Debating competition were the in-thing. Nowadays, students can hardly string a sentence together in English without errors.

Fast forward 35 years on and you are shocked and disturbed. Have you ever spoken to or engaged a 20 year-old boy? Ask him what motivates him and he is likely to mention music, hip hop to be precise. He has hundreds of downloaded songs on his phone. He can sing all of them off hand. He knows all the singles of Nice, Neato C, Timaya, Davido, Whiz Kid off hand. The babes among them take pride in enticing men old enough to be their father on social media with buxomly physique. But s/he does not know anything about history of nationalism in the country. Ideas about good society, responsible family and good conduct do not motivate him. He just wants to make money because his friend who does yahoo is rich and rides a good car, her friend who has numerous ‘aristos’ drives an SUV!

The things that interest him/her are things that do not add value. S/he has google but never uses it for advancement of knowledge but to download porn and other inanities. Yet, in TWENTY years time, they are the ones that will be contesting to become governors, senators, Reps members and even president.

They belong to a generation that does not care about morality. They belong to a generation that is motivated only by money and its acquisition. By 2035 to 2040, they will be our senators, Reps, governors and so on.

I wonder if we have ever spared a thought for how this country will look like under them. I told a man recently and these are my words: IF A GUY WHO IS IN LAGOS COULD USE FALSE PRETENCE TO
OBTAIN $20,000 FROM SOMEONE IN UNITED STATES, WHAT DO YOU THINK WILL HAPPEN IF SUCH A GUY BECOMES A STATE GOVERNOR AND IS IN CHARGE OF AN ALLOCATION HE DOES NOT EVEN HAVE TO OBTAIN UNDER FALSE PRETENCE? WHICH HIS STATE IS STATUTORILY ENTITLED TO. How did we get into this mess? How can we get out of this predicament? I am worried, deeply worried. Are you?

Note: I don't know the Author of this write up, it was forwarded to me and it's worth reading and sharing.

Hmmmmmmmm!

This is the kind of news that nairaland IPOB yoot just hate to hear. One of their heroes getting a smackdown by Buhari's anti-corruption crusade is enough to give them cardiac arrest

sekundosekundo:



I only know SUPPORTERS of corruption. They support Buruntashi and his choice property in Dubai.

Epic

Sorry for those who die or fight one another for Nigerian politicians.

Ibori man

NgeneUkwenu:
Defenders Of Corruption, Where Are YOU Guys?

Work Done Show!

Igbos the Merchants of Corruption.