Exclusive

CBN AWARDS CAR PARK EXTENSION CONTRACT FOR N30BILLION TO BUHARI’S FRIEND, ISA FUNTUA

written by Our ReporterApril 20, 2020

The Central Bank of Nigeria, CBN, allegedly awarded a contract for the expansion of its parking lot to Bulet International Limited, a company owned by Ismaila Isa Funtua, an ally of President Mohammadu Buhari at a whopping N30billion in 2019.

 

Sources told pointblanknews.com that the contract which violated all known procurement Act, was secretly awarded to Bulet International without the knowledge of the late Chief of Staff, Abba Kyari.

 

While sources at the apex bank are not sure if the full amount have been paid to the contractor, they said the contractor has only started minimal work on site.

 

According to our sources, when some CBN officials hinted late Kyari about the curious scandalous contract award, the CBN Governor, Godwin Emefiele, was immediately summoned to the Presidency by Kyari.

 

Pointblanknews.com sources who wish to remain anonymous, hinted that Emefiele confirmed to the late Chief of Staff that indeed the contract was awarded. He explained, according to the source, that Bulet International won the bid for the contract.

 

Although several CBN contractors spoken to said they were not aware of a tender and the process that led to the award of the car park extension contract. Some said even if there was such, it may have been made exclusively for Bulet International.

 

Bulet International limited is owned by Ismaila Isa Funtua. Funtua is a top-level member of the Buhari cabal who ensured that Emefiele got his confirmation for a second term as CBN Governor.

 

Sources say Funtua controls the forex policy of the CBN and gets whatever amount of any currency he wants. He also tells Emefiele who to give and it’s done.

 

Majority of the Bureau de Change operators in Wuse Zone 4, Abuja, housing one of the largest BDCs in Nigeria said, “If you want dollars at lowest exchange rate, call Funtua.”

In fact, a man who preferred to be identified as ‘Alhaji’ told Daily Mail, “Baba Funtua is Mr CBN dollars,” laughing sheepishly.

 

Keystone Bank and 9Mobile were acquired in controversial circumstances by Funtua, via the instrumentality of Asset Management Corporation of Nigeria (AMCON).

 

AMCON is headed by Ahmed Kuru, Funtua’s son in-law.

 

Prior to the emergence of President Mohammadu Buhari, Bulet was almost going bankrupt. In fact, in 2014, the construction company was dragged to court following its non-payment of a loan amounting to nearly N7bn owed Unity Bank Plc.

 

Bulet International responded by instituting a N100 billion libel suit against Unity Bank Plc, claiming that while parties were awaiting a court ruling on the matter, the bank proceeded to publish public notices and articles in numerous newspapers as well as on its Internet outlets specifically addressed to the CBN, containing list of its alleged debtors.

 

Spokesman of the CBN, Isaac Okoroafor, could not be reached for comment. The phone number listed for Bulet International was also not reachable





http://pointblanknews.com/pbn/exclusive/cbn-awards-car-park-extension-contract-for-n30billion-to-buharis-friend-isa-funtua/

Na them them

It's so sad that we the masses would just type and type out our frustrations towards this ineffective government and still get nothing positively.

When is the time for government officials to start facing the consequences of their crimes in this country?

The worst is the dullard at the helm of affairs being clueless and incompetent.

Fake news

Only a dunce would believe this completely fabricated news.

[s]

voltron14:
Only a dunce would believe this completely fabricated news.

[/s]

Emefiele D-GREAT.

Ladies and gentlemen, please meet the head of the cabal in Aso rock, Isa funtua.

When and only when this cabal led government expires in 2023 will we get the larger and true picture of fraud, corrupt practices and embezelment perpetrated under saint buhari's watch.

It's not just ABBA kyari, nigeria will never move forward unless Isa Funtua, Mamman Daura and Babagana Kingibe dies.
As for the tall old gap toothed man, he's just an effigy. He is not aware of happenings around him

Come on fellas.....We shouldn't be surprised na.....nor be for dis buhari regime again?? Na normal tin na!!

[img]https://media1./images/33a1a90c2ddad4afc92d8729a0d6cc36/tenor.gif?itemid=3835277[/img]

dangermouse:
When and only when this cabal led government expires in 2023 will we get the larger and true picture of fraud, corrupt practices and embezelment perpetrated under saint buhari's watch.

The fraud under this tribalistic govt is unprecedented in our nation's history.

Hmmm

Same man that CBN governor do carry briefcase for. CBN governor dey do boy boy for this man.

Nigeria don turn to family business for these people hand

I trust Nigerians

Attention has now been shifted from kyari to Funtua.

Aunty Kemi would be sniffing for something now.

I am a Buharist. So, I have this prayers. Anyone in Buhari's government or in past governments who has a hand in the sorry state of this country, who has been stealing from the masses, who played a part in the backwardness of Nigeria, such a person will be killed by Sango, Ogun, Obatala, Osun, Aiyalala and Esu Laalu.

The source is questionable

plusfield:
Exclusive

CBN AWARDS CAR PARK EXTENSION CONTRACT FOR N30BILLION TO BUHARI’S FRIEND, ISA FUNTUA

written by Our ReporterApril 20, 2020

The Central Bank of Nigeria, CBN, allegedly awarded a contract for the expansion of its parking lot to Bulet International Limited, a company owned by Ismaila Isa Funtua, an ally of President Mohammadu Buhari at a whopping N30billion in 2019.

 

Sources told pointblanknews.com that the contract which violated all known procurement Act, was secretly awarded to Bulet International without the knowledge of the late Chief of Staff, Abba Kyari.

 

While sources at the apex bank are not sure if the full amount have been paid to the contractor, they said the contractor has only started minimal work on site.

 

According to our sources, when some CBN officials hinted late Kyari about the curious scandalous contract award, the CBN Governor, Godwin Emefiele, was immediately summoned to the Presidency by Kyari.

 

Pointblanknews.com sources who wish to remain anonymous, hinted that Emefiele confirmed to the late Chief of Staff that indeed the contract was awarded. He explained, according to the source, that Bulet International won the bid for the contract.

 

Although several CBN contractors spoken to said they were not aware of a tender and the process that led to the award of the car park extension contract. Some said even if there was such, it may have been made exclusively for Bulet International.

 

Bulet International limited is owned by Ismaila Isa Funtua. Funtua is a top-level member of the Buhari cabal who ensured that Emefiele got his confirmation for a second term as CBN Governor.

 

Sources say Funtua controls the forex policy of the CBN and gets whatever amount of any currency he wants. He also tells Emefiele who to give and it’s done.

 

Majority of the Bureau de Change operators in Wuse Zone 4, Abuja, housing one of the largest BDCs in Nigeria said, “If you want dollars at lowest exchange rate, call Funtua.”

In fact, a man who preferred to be identified as ‘Alhaji’ told Daily Mail, “Baba Funtua is Mr CBN dollars,” laughing sheepishly.

 

Keystone Bank and 9Mobile were acquired in controversial circumstances by Funtua, via the instrumentality of Asset Management Corporation of Nigeria (AMCON).

 

AMCON is headed by Ahmed Kuru, Funtua’s son in-law.

 

Prior to the emergence of President Mohammadu Buhari, Bulet was almost going bankrupt. In fact, in 2014, the construction company was dragged to court following its non-payment of a loan amounting to nearly N7bn owed Unity Bank Plc.

 

Bulet International responded by instituting a N100 billion libel suit against Unity Bank Plc, claiming that while parties were awaiting a court ruling on the matter, the bank proceeded to publish public notices and articles in numerous newspapers as well as on its Internet outlets specifically addressed to the CBN, containing list of its alleged debtors.

 

Spokesman of the CBN, Isaac Okoroafor, could not be reached for comment. The phone number listed for Bulet International was also not reachable





http://pointblanknews.com/pbn/exclusive/cbn-awards-car-park-extension-contract-for-n30billion-to-buharis-friend-isa-funtua/

Is write up reminds me of a picture I once saw online. Emefiele was bending down and listening to instructions from Funtua.

Look for that picture to buttress this write-up.

Here it is.

Staro:

Buhari will wreck Nigeria to
ground zero

Oh you don put am already...

These guys are the real corporate thieves wrecking Nigeria.

bluemansion:
Na them them

Yesso

That is how they share and thief our money.



With their zombie supporters

.
This is a slanderous post.

In most countries around the world, contracts like this are being awarded to contractors (though maybe not at a humongous price like you people do in Nigeria), I see no big deal if he gets this contract.

Plus, I heard Etisalat was absorbed by Nigerian banks due to loan issues and that birthed 9mobile. Though I'm unsure if it's been sold to Mr. Isa.

But in every rumour, there's an iota of truth
.

Sctests:


Oh you don put am already...

These guys are the real corporate thieves wrecking Nigeria.

Ngozi Iwealla nko? Borrowing to pay Salaries when Oil price was relatively high. As for Emefiele the figure head CBN Governor and the thieving Isa Funtua, Thunder will fire their generation