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Beware Of Kayode Fagbenro - Cotonou “Clearing Agent”, “Car Dealer” - Autos (2) - Nairaland

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Re: Beware Of Kayode Fagbenro - Cotonou “Clearing Agent”, “Car Dealer” by inspiredm(m): 3:53pm On May 23, 2012
So Far SO Good, this Thread Lacks Merit, I can Not Place Neither Head nor Tail From the Accounts of Both the Complainant and the Defendant as None of them has made a Clear Cut Description Of what transpired.

If Within the Next 24 hours we dont have a Definite account of the Transaction to be able to ascertain Who is Guilty, I may have to Lock and TRASH this Thread.

Cheers

Re: Beware Of Kayode Fagbenro - Cotonou “Clearing Agent”, “Car Dealer” by AENAIJA: 4:08pm On May 23, 2012
There are several lies, half-truths.

Let me be clear and end this matter.

1. I DID in fact tell Kayode when I would arrive Lagos. I sent him an email on May 8th confirming to him that I would meet him on May 10th. So his insinuation that he did not know when I was coming is a lie. Indeed we were exchanging emails almost daily discussing logistics, etc. My email was very clear I will meet you on May 10. We even discussed how much I should bring, whether to bring cash, cheque or do a transfer. To further prove there was no dispute over price until Kayode received a 90% deposit – the email even said I could bring NGN1M to “start work” or pay him in full upfront. It was always clear. So this insinuation that I suddenly appeared is a blatant lie. Kayode and I have have exchanged emails almost every day for the past few weeks. This is what makes the whole experience so painful. He cleverly gained my trust, I took him as a younger brother and then he stabbed me!

2. Everything here that Kayode said in the quoted portion below is A LIE:

[i]“we talked and he told me and also promised to call before he fly down to Lagos but i didnt hear from him which he apologized and I told him instantly that I have received Value for his car since last week but I have used it for another car because I taught that he cant make it to Lagos again this week again.We went to check the car at Cotonuo port side together and we commenced Cotonuo clearing instantly around 3:30pm. I left one of my boy to handle the job at cotonuo and I and Mr lawrence left cotonuo to Seme border.When we get to Seme border, i told Mr lawrence that there is issue on ground at both Tincan and Seme border. any car from 2010 model and above, there is a way we do it. if we want to pay normal duty that govt ordered us to pay, nobody can afford it but we have an agreement with NCS. If we are to pay normal duty for 2012 GL50, the bank payment alone is 3.3m NGN but there is way we do it here. Mr lawrence want to give the whole payment but i told him to wait because with the present situation on ground, I cant assured him of the exact payment until i Valued the vehicle. mr Lawrence gave me 90% of the initial agreed price and left Seme to VI in the evening and told me to let him know the Value when i have it.”

[/i]In particular AT NO TIME DID KAYODE TELL ME the price of 1.3M was no longer valid. If he did I would not have given him one penny! Am I mad? Who would pay for a service when the fee was still uncertain!!!! Indeed I gave him 1.2M and said so the balance is now 100,000 and he agreed . My driver is my witness. He actually wanted me to give him the full balance. Again ,it was my driver who told me: “hold back NGN100000 so that Kayode would be incentivized to complete the work; otherwise if they receive payment in full, they won’t complete the job.” Kayode wants to make it seem as if there was any dispute over the price PRIOR to my paying him a 90% deposit. None at all. Think of it rationally why would I pay Kayode a penny if he even hinted there was a likelihood his quotation was no longer valid. The price was fully agreed. I paid him 90%. We agreed on the amount left, Indeed I almost paid in full .Then three hours later late at night, he increases the price, then the next morning he increases it again!

3. He first quoted me 1.2M for full clearing and delivery with custom papers to Lagos. I always asked for a package price Cotonou clearing, Seme clearing, delivery to Lagos to which he quoted me NGN1.2M. He also offered me NGN500000 to fly the car for which I told him I have no interest in illegal “flying”. We continued discussing and by the time I finally shipped the car the price had increased to NGN1.3M. To be honest I did NOT notice this increase, it was only afterwards when I reviewed the entire email thread that realized that he increased the price on me. In any event we agreed repeatedly on 1.3M up until the day I saw him on May 10th and even after I paid him 90% at NO POINT did he tell me the price had changed or could change.

4. I finally meet him on May 10th, I had already transferred to his account NGN500,000. When I met him he tells me he needs 400000 for the Cotonou clearing and I should give it to him to avoid wasting time withdrawing funds from the bank. I later learnt that the Cotonou side clearing is 400000CFA at the absolute max including a generous allowance for miscellaneous expenses, but I foolishly gave him NGN400,000 which is about 1.3M CFA!!!

5. We proceeded to Cotonou and everything seemed OK. I told him I wanted to escort him for the entire process..partially for the fun and adventure of it…I have never been to Cotonou, I wanted to visit the Cotonou port, indeed I have never even been to Seme. Also I thought being with him would provide me some further security. That day when I met him, I realized he did not like my presence around him, despite my telling him upfront I would be with him throughout the process.

6. We returned from Cotonou later that Thursday, May 10th evening and he went to begin the Nigerian side clearing in anticipation of the completion of the Cotonou clearing. When we got to the NCS office he pressed me that I should leave and leave the rest to him. So I reluctantly left. Then he escorted me to my car and I pressed him that he should do his best to have the car ready the next day May 11th for pick up. He said he was 85% confident of doing that. In my mind I knew that realistically I might not get it until Monday, the 14th of May...which would have been fine by me.

7. So Kayode escorts me to my car so I could return to Lagos. He had previously told me via email to either transfer him the full amount or NGN1M to start the job. So at the car I asked him how much I should give him, he asked for everything in full and because I had come to trust Kayode..very foolishly n my part, I gave him NGN 300000. Recall I had previously transferred to him NGN500000, then gave him NGN40000 for the Cotonou portion earlier that afternoon on May 10th, so that left a balance of NGN400,000. I almost gave him the full balance, like a fool, until my driver stopped me and told me to hold back NGN100000. So at this point I gave him another NGN300000 making a total of NGN1.2M, LEAVING A BALANCE OF NGN100000. I EVEN SAID SO NOW THERE is a balance of NGN100000 which I will give you tomorrow upon delivery. We agreed and bade ourselves goodnight around 630pm or so.

8. By the time I got back to Lagos around 945pm or so after spending over three hours on the road, he now calls to tell me the price is now 1.75M. I screamed! I told him he was doing exactly what I had been warned agents would do, quote you a figure, get your money, then squeeze you for more.

9. Nairalanders, tell me how can you agree on a price for a transaction, pay 90% upfront, agree on the balance to be paid, then three hours later get a phone call telling you that magically between 630pm and 945pm on a Thursday night the price had jumped by 25%. Is that right or honest?

10. So late that night on May 10th after the sudden late night phone call from Kayode, I told him I could not pay the new amount he was quoting me of NGN1.75M, he should do his work and keep to our agreement.

11. The next morning we spoke again and he started telling me more stories, giving me options of flying the car which I repeated to him that I had no interest in.

12. After many arguments, heated arguments and even appeals on my part to Kayode to be fair and be honest, the friendly and gentle Kayode became very rude..after a few more hours on Friday morning (May 11, 2012) he reduced the price from 1.75 to 1.6M… which was still above the 1.3M we had agreed upon and for which I had already made a 90% upfront payment. I then said to Kayode where will I get another NGN300000 from. I didn’t budget for this. At this point I was more or less begging him to be fair, to be honest and keep to our agreement.

13. Just as I was about to agree to the ngn1.6m, I said OK go ahead and finish the job, deliver the car and I will find the funds to pay you the new balance. As I was saying this, Kayode then says I have misunderstood him, the 1.6M is just for Seme border so the true cost is actually 1.6 + .4M (the amount he took from me claiming it was for Cotonou clearing) i.e. a total of NGN2M.

14. I said Kayode but I was repeatedly asking you how you expected me to find a further NGN 300,000 to meet the new price of 1.6M and you did not correct me. And by the way I had always asked for a package price, now you are quoting me prices for Seme, for Cotonot, we never had such an agreement. Then once I agree to the new 1.6M figure you flip and tell me the 1.6M is just for Seme. We never discussed a la carte prices..it was always a package deal..so you are clearly playing tricks on me.

15. I then demanded a refund of my 1.2M deposit and that I would find a new agent to clear the car. He then said he would only refund NGN.8M as the NGN.4M was used for Cotonou..which of course is not true as recall the 400000 he asked for was supposed to be 400000CFA and several sources in Cotonou & Nigeria have confirmed to me that NGN400000 is certainly not the cost for Cotonou clearing..

16. I ultimately met him on the afternoon of May 11, 2012 and I received just 0.8M as a partial refund, while he seized the 0.4M claiming it was used for Cotonou clearing. When I asked him for receipts or even a simple breakdown of the 0.4M used in Cotonou, he could not provide it.

17. But the extortion did not end there. To compound matters, before I could retrieve my car from Cotonou after paying NGN.4M, He had his Cotonou agent charge me another 370000CFA i.e. NGN120,000 for “:further expenses’ Then at the last minute they charged yet again 40,000CFA i.e. NGN15,000 for parking space in Seme. So what did the NGN400,000 I paid cover?. If after paying NGN400,000 I still had to pay another NGN135,000 (NGN120,000 + NGN15,000) for last minute “expenses”. All these last minute payments were clearly extortionary payments. Anyone can see that.

18. So ultimately like a man held at ransom I paid the last two payments totalling NGN135000 – virtually under duress.

19. The matter gets worse! When the new agent cleared the car from Seme he encountered problems because apparently Kayode and his friends in Seme/Cotonou had basically sent alerts that my car should be held back and not allowed to get to Lagos unless he (Kayode) was the one handling the clearing. Well, the car is mine, and my hands are CLEAN, and God is ALWAYS on my side so my car made it safely to Lagos despite Kayode’s attempts to gate my car and detain it unless he could clear it while continuing to squeeze and extort me.

20. Can you imagine after all the extortion , all the last minute increases Kayode even attempted to gate my car and prevent it from leaving Cotonou/Seme. I was told that Kayode was determined to hold my car and squeeze me until I was dry. I thank God I escaped.

21. This pains me because I had many other reliable options of clearing agents..but I chose Kayode because I saw a young man starting business that I wanted to help. And why did I want to help Kayode a young businessman, because others have helped ME!!! I am also a businessman and I have a VERY VERY soft spot for young businessmen. When I first started my business many years ago, a COMPLETE STRANGER I met online, instantly took an interest in me and became my first client – a very big client. Today, ten years later this man is not just a client, but a friend, a mentor, my Big Brother – I am now a full member of his family. I cherish our friendship more than I even cherish our business relationship. His children are now my de facto nephews. When they got confirmed, he chose me to be their sponsors. That is the essence of life. Do good business and become good friends for ever. That is my philosophy. Business should not be just a means to make a money but a means to develop worthy, edifying relationships. What every young businessman needs a break. I know this..because I have been there. So even though I had other established agents I could use, I chose to use this young man - Kayode -I met on Nairaland, because I remembered other people had chosen and helped me in the past - in similar fashion when I first started out – so I should continue that virtuous cycle and maybe one day too Kayode would do the same. That’s the essence of life! That’s my life philosophy. My friends tell me my loyalty to strangers is very foolish. I hate to say that I am beginning to think my friends are right

22. I am not even sure what pains me more, the financial losses or the betrayal by a man I had taken as a younger brother, who I had come to trust and wanted to help. As per my initial post, I admit I made many mistakes (not demanding a written agreement, not asking for references and guarantors, not asking for a performance bond, paying more than 40% upfront without the deposit being fully secured by an Advance Payment Guarantee...basic business protective steps I violated because I took Kayode as a friend that I wanted to help), but I did so not just foolishly, but because I TRUSTED KAYODE and took him as a brother..so I think it is the betrayal of the trust I placed in him, the betrayal of the goodness I showed him, that pains me most.

23. I even made a mental note that on completion of the transaction I would come here and praise Kayode and give him a testimonial and tell anybody that I will stand as a reference for him. Similarly, since he failed me and not just failed me but cheated me, extorted me, held me literally to ransom and tried t detain my car. I must warn others. That is the simple aim of this post.

24. People can decide for themselves on this matter. I have made my point. My only aim here is to help other Nairalanders avoid going through my ordeal. May the wise be warned and heed my warning to avoid going through my sad experience.

4 Likes

Re: Beware Of Kayode Fagbenro - Cotonou “Clearing Agent”, “Car Dealer” by Nobody: 4:12pm On May 23, 2012
inspired_m: So Far SO Good, this Thread Lacks Merit, I can Not Place Neither Head nor Tail From the Accounts of Both the Complainant and the Defendant as None of them has made a Clear Cut Description Of what transpired.

If Within the Next 24 hours we dont have a Definite account of the Transaction to be able to ascertain Who is Guilty, I may have to Lock and TRASH this Thread.

Cheers

Yes you should, they are both crooked.
Re: Beware Of Kayode Fagbenro - Cotonou “Clearing Agent”, “Car Dealer” by barc(m): 6:14pm On May 23, 2012
Whether the thread is trashed or not its left for everyone to make whatever inference they can from stories rendered by both parties. Personally I'm not satisfied with d way dis issue is being handled esp by d moderator. There's an allegation against a dealer and yet you are talking of putting d post in d thrash? Whatever inference is made from here especially with regards to d dealer rubs on all of of u. Its now left for NL to deal based on reliability, references and records.

1 Like

Re: Beware Of Kayode Fagbenro - Cotonou “Clearing Agent”, “Car Dealer” by Nobody: 6:33pm On May 23, 2012
The both parties should post the exchange emails here
Re: Beware Of Kayode Fagbenro - Cotonou “Clearing Agent”, “Car Dealer” by inspiredm(m): 8:06pm On May 23, 2012
[b]@AENAIJA, Thanks for the Detailed Explanations Afterall.

It is rather Unfortunate that some People Want to Ruin what we have so Far Labored to Build on this Section.

Your Experience was the Classic "Bait and Switch" and It is Nothing BUT Plain Extortion which Explicitly is Fraudulent.


From my Knowledge, the Standard price of Cotonou Clearing to Seme Border is 400,000 CFA ( 128,000 Naira )

I would Not Fault the Price Charged by KAYMED from Clearing from Cotonou Ship-Side to Seme Border even though it Reeks of GREED, it was mutually agreed btwn Both of you and He delivered same.

On the Other Hand, Kaymed Should have done his Proper Valuation Assessments Before Giving you Quotes, The Price Difference Of 700,000 Naira in a timeframe of Less than 24 Hours is Only NOT Ludicrous, it is Ridiculously Irrational.

Also, You being made to Pay Other Expenses like "Further expenses and Parking" totaling 135,000 naira at Seme Border is Highly Inconsiderate of Kaymed.


On this Basis of FRAUD and to serve as a Deterrent to Others, Kaymed Will be delisted from Our List Of Auto Dealers.

He shall Also Be Served with a 3 Weeks BAN which takes Immediate Effect. ( I Will Not BAN him Permanently Simply Because He refunded 800,000 Naira and didn't choose to Bolt away )


We want to Assure all that We have Zero Tolerance for Fraudulent Activities and Scammers on this Section, Also We Wish to Reiterate that Buyers Should not Throw Caution to the WIND When Dealing With Anyone Irrespective of what they see or Read.

The Onus Still Lies On Buyers To Pursue all Logical Means and Verify Whoever they chose to deal With Before Parting away with Money.

We are Committed to making the Autos Section The Best it can be.

Cheers

Inspired[/b]
Re: Beware Of Kayode Fagbenro - Cotonou “Clearing Agent”, “Car Dealer” by pafestula(m): 8:10pm On May 23, 2012
@ Mr Lawrence... Re u okay with Kaymed explianations If no let us knw b4 i knw the judgment to pass... Thanks
Re: Beware Of Kayode Fagbenro - Cotonou “Clearing Agent”, “Car Dealer” by barc(m): 8:45pm On May 23, 2012
@moderator, now I'm impressed! Kudos to ur response.
Re: Beware Of Kayode Fagbenro - Cotonou “Clearing Agent”, “Car Dealer” by lagerwhenindoubt(m): 9:02pm On May 23, 2012
Hello again - I must repeat that Dealers online and offline are the ones at risk of losing business when such things like this happens. Instead of trying to salvage their PR and improve on the confidence of buyers - I see dealers trying very hard to discount the matter. I am not in the business of dealing cars but i expect that it is a professional enterprise and anyone involved will know and employ absolutely every Legal means of selling a car at a fair price considering the condition the car is in. I remember 7 years back car dealers were crying their eyes out because comfortable bank loans allowed Nigerians to purchase Brand New Cars and dealers where forced by Law to bring in cars no older than 10 years. now the ban has been lifted, they are back to their dubious ways angry

Every-time you get to read of unfortunate incidents like this, it tars the image of other honest and professional dealers on Nairaland as well. I know a couple of friends who swear that Nairaland is only good for getting price and other hard-to-find info. the final purchase they will have to do themselves.

I have successfully purchased 2 cars from Nairaland and I also based my decision on TRUST, I never inspected any car longer than 30 minutes before making up my mind and making payment. However stories like mine will not be remembered if things like this keep happening. BAD NEWS SPREADS FASTER THAN GOOD NEWS. soon the new mantra will be AVOID NAIRALAND CAR DEALERS - guys wake up before you end up being losers.
Re: Beware Of Kayode Fagbenro - Cotonou “Clearing Agent”, “Car Dealer” by Fhemmmy: 10:33pm On May 23, 2012
@ Inspired, nice judgement, but i would advice that Kaymed is allowed to respond to what Mr. Lawrence just posted before the judgement is called.

@Largerthanweight . . . You are very right, with all these kinda stuff, it is the dealers that suffers the consequencies of the actions, cos we are all on the forum for one reason or the other, and TRUST is the best that we have working for us.

@ALL . . . Just like there are bad eggs among the bunch, there are as well good ones as well.
Out of 12 people, there will always be a Judas, and with this kinda experience, it is NOT enough to blacklist every dealer as bad ones, and not to want to buy rides online . . . . Just do your homework well and hook up with the right people for your business.


@Mr. Lawrence, that is a huge risk, why would you wanna go and clear such a valuable ride in Cotonue, why not just do it via Lagos, dont get me wrong, i am not saying you cant get reliable people to do it, but what if something happened on the way to Lagos from Cotonue? life is even of more importance, and with the value of the ride involved, i would suggest next time, just pay the cost of clearing in Lagos and sleep at night with both eyes closed.

In ALL, Nairaland is a still a great place to do business . . . . .
Re: Beware Of Kayode Fagbenro - Cotonou “Clearing Agent”, “Car Dealer” by OAM4J: 11:03pm On May 23, 2012
I agree with Fhemmy, In the spirit of fairness, let's allow Kaymed to respond to the well detailed explanation of OP before the ban is enforced. It is for the good of all of us.
Re: Beware Of Kayode Fagbenro - Cotonou “Clearing Agent”, “Car Dealer” by inspiredm(m): 11:16pm On May 23, 2012
OAM4J: I agree with Fhemmy, In the spirit of fairness, let's allow Kaymed to respond to the well detailed explanation of OP before the ban is enforced. It is for the good of all of us.

My Oga,

Kaymed already gave his Detailed explanations earlier and it all tallies with what the OP Explained In Details, He never Denied What the OP Raised except the Line where He said the OP didnt call him Before Showing UP.

Kaymed was Evasive as to the Salient points which was SUBSEQUENT Increase in Price Within Such a Short Frame of Time, His excuses were Lame, Also Within the Period the OP posted his Ordeals, KAYMED was seen Viewing this thread and we waited for a response or a message from Him, However i Will agree with you and Give him More time to reply.


BTW, wetin you dey do For Autos Section, any better dey ?
cheesy
Re: Beware Of Kayode Fagbenro - Cotonou “Clearing Agent”, “Car Dealer” by Oluwa4Sure: 12:05am On May 24, 2012
@ Mr. Inspired!!!

Very well then, good judgement if you ask me
But 3 weeks BAN for me is just too short.
After loosing close to 400k or so, you gave him jus a 3weeks ban?
I presume you wanted to say 3months right?(except he is making up to 400k per week that is when 3 weeks BAN will be okay)

This is real bad!!!! Honestly, he did not only ruin his image, but also
every one of you guys have been stained "someway-somehow" by this so sad news.

Though I will be waiting for Kaymed statement.
But I beleive people will trade more carefully now!!!!
Re: Beware Of Kayode Fagbenro - Cotonou “Clearing Agent”, “Car Dealer” by OAM4J: 12:45am On May 24, 2012
inspired_m:

My Oga,

Kaymed already gave his Detailed explanations earlier and it all tallies with what the OP Explained In Details, He never Denied What the OP Raised except the Line where He said the OP didnt call him Before Showing UP.

Kaymed was Evasive as to the Salient points which was SUBSEQUENT Increase in Price Within Such a Short Frame of Time, His excuses were Lame, Also Within the Period the OP posted his Ordeals, KAYMED was seen Viewing this thread and we waited for a response or a message from Him, However i Will agree with you and Give him More time to reply.


BTW, wetin you dey do For Autos Section, any better dey ?
cheesy

Well done Oga. Good one!

Erm, erm, wetin I dey do for auto section be say, I wan sack my current boss come join you here, dey shop the millions we una dey make everyday nao. grin

So I dey take style do apprenticeship here, abi make I come enroll for Inspired_men Auto School? grin
Re: Beware Of Kayode Fagbenro - Cotonou “Clearing Agent”, “Car Dealer” by femmy2010(m): 1:56am On May 24, 2012
One thing I need to point out is that there was no way the initial N1.3m nor the Later quote of N1.6m would have "duly" cleared the 2012 vehicle in view in the first place.
Duty payeable to the bank account of the Nigerian Customs for the vehicle can't be less than N2.5m aside many other unreceipted but must payments.
I do advice dealers/agents to get their facts right before dishing out quotes and should desist from the practice of stimulating patronage with an unbelieveable lowered cost only to inleash the real cost after commitment by the buyer/importers.
I can confidently tell the poster that if he had paid anything less than N2.5m then his vehicle has no duty paid on it(as short payment of customs duty is the equivalent of Not paying duty at all)but his vehicle was simply "flown in".

My advice is to always ship directly such vehicles to the Lagos ports where you do pay the due duty and free yourself from the stress you probably went through.
BUT if you want to cut expences by way of not paying duty,thus having it "flown in",then Cotonou might be your bet.
Nairaland is a smaller Nigeria from the larger one and whatever can happen out there can also happen on NL,so tagging all NL dealers/sellers as crooks/touts would be a great mistake on the part of such a person.
Great deals abound on NL,many have benefited from it and many more would still do.
Honesty in business always pays.
NAIRALAND AUTO Section no go spoil ooooOO.

1 Like

Re: Beware Of Kayode Fagbenro - Cotonou “Clearing Agent”, “Car Dealer” by jeezybuck: 2:11am On May 24, 2012
Every dealer on here should read LINE 21 of AENAIJA, Not just ever dealer but everyone because someday somehow, We will all get into doing a business.

KAYMED took advantage of the Guy, he has ruined a lot for himself, Goodwill worths more than money.

Nairaland is a very good place for us to learn, Buyers on Nairaland get burnt sad sad sad sad. Mr Inspired, Femmy2010, Femmmy and others you can make this Section a better place.
Re: Beware Of Kayode Fagbenro - Cotonou “Clearing Agent”, “Car Dealer” by cjpanta: 4:44am On May 24, 2012
@ Inspired: I think a 3 week ban is just too lenient. 400k for a stuff of less than 150k is just rubbish. Kaymed is a crook, like it or not. He's a very dishonest person. How can u give a client that kind of quotation even if he agrees at the end of the day, when he discovers the actual price, then what happens? Personally, am going to make sure that I spread the word about his dubious character as much as I can. Its people like him that end up ruining business for honest, straigh
t foward people on Nauiraland
Re: Beware Of Kayode Fagbenro - Cotonou “Clearing Agent”, “Car Dealer” by chippyripp: 6:13am On May 24, 2012
@AENAIJA
You success story really inspired me. I want to say a big thank you for your advice on this thread i have really learnt alot not just about dealing with car dealers but about life.I have had a similar experience with a car dealer named tadeus on NL.He wanted to use this same technique of quoting ridiculously low price to commit me then start the bait & switch game.In my own case he told me a honda eod was 1.4m (leather v6) with duty to lagos when actually the car will cost about 1.8m.He told me to come with the money to badagry to meet him up and we will buy the car the same day and he will bring it to me the same day lipsrsealed.which i didnt do instead i came with only 200k and i told him we will deposit when i choose the car i want and make payment the next day.Later his words changed suddenly like the weather.to cut the story short i lost about 40k on the 200k,if i had brought the whole money would have been counting more looses.
Re: Beware Of Kayode Fagbenro - Cotonou “Clearing Agent”, “Car Dealer” by Busybody2(f): 7:10am On May 24, 2012
Hmmm, I knew their was something cagey about the whole story from the get go.

From attempting to roro a brand new car, to shipping it via Cotonue, to attempting to fayawo it via through the bush, and then eventually "flying" it to Lagos. . .

Hmmm, what a "cut and short" story about the greater good between "dishonesty" and "illegality" cool
Re: Beware Of Kayode Fagbenro - Cotonou “Clearing Agent”, “Car Dealer” by Busybody2(f): 8:15am On May 24, 2012
doctokwus:
Uhn.Very instructive how u av quickly reacted to this thread(1st to comment& within minutes),but it took mr.Inspired 4good pages& only after his nl user name was mentioned as having endorsed a car which turned out to b nothing but a salvaged scam,that u responded to d thread on a damola selling a defective car to a certain alhaji.
@topic,more details nid to b given& how did d transaction finally end


Only asking questions is all cool I come in peace as usual cool


*Is this the post that was deleted that you were having tantrums and getting your knickers in a twist for?

*Is it a comprehension thing huh?

Or

*Is it a visual issue worrying you that you did not see the intro inspired-men's post below, meaning it flew over your head - this was posted May 17th meaning that the two parties contacted him they were sorting out the issue, hence reason his presence was not needed on the thread?





inspired_m:

[b]@mxxpunkxx,

[size=14pt]I thought[/size] this matter was settled Yesterday Between BUYER and SELLER.
[color=#000099]
Re: Beware Of Kayode Fagbenro - Cotonou “Clearing Agent”, “Car Dealer” by Osama10(m): 6:41pm On May 24, 2012
"My advice is to always ship directly such vehicles to the Lagos ports where you do pay the due duty and free yourself from the stress you probably went through."


The best advice.
Re: Beware Of Kayode Fagbenro - Cotonou “Clearing Agent”, “Car Dealer” by inspiredm(m): 8:14pm On May 24, 2012
OAM4J:

Well done Oga. Good one!

Erm, erm, wetin I dey do for auto section be say, I wan sack my current boss come join you here, dey shop the millions we una dey make everyday nao. grin

So I dey take style do apprenticeship here, abi make I come enroll for Inspired_men Auto School? grin

Oga, Im thinking of Switching from a Car dealer to a Politician Like you, Na there the Money Dey, Pls teach me How to WIN elections grin grin

Car Dealers Talk Too much. grin grin grin


Meanwhile, It is Over 24 Hours and KAYMED has not Responded to the Allegations Leveled against Him Again, he was last seen 2.24pm today.
Re: Beware Of Kayode Fagbenro - Cotonou “Clearing Agent”, “Car Dealer” by Nobody: 10:47pm On May 24, 2012
princely83: i can never advise someone to buy a car in this nairaland cos most car dealers here are thieves and con men!

I thought my account had been hacked.
Re: Beware Of Kayode Fagbenro - Cotonou “Clearing Agent”, “Car Dealer” by MurderX: 8:03am On May 25, 2012
Wise king Inspired - Quite a thoughtful judgement on this one, your credibility continues upward.

Kaymed is blacklisted, deal with him at your own risk, check out his incoherent nonsense.
Re: Beware Of Kayode Fagbenro - Cotonou “Clearing Agent”, “Car Dealer” by Kaymed: 10:50am On May 25, 2012
This is total BLACKMAILLING. I must confess I did not have much to say on this issue again because this is a total blackmail.

Mr Lawrence, I don’t think you know the implication of what you are doing. If I had issue with you, you know my office, why don’t you come and lets resolve it amicably.
I have been in this business for over Ten years and nobody has ever accused me like this before. We met at Seme border around 3pm on the 10th of May. I explained everything to you in details, I told you that we are having issues with NCS but we are still dialoging and secondly when I did not heard from you as we agreed again, I used the value I have collected for your car for another car because I thought that you can’t make it to Lagos again that week. I charged you 400k for clearing the car from cotonuo port to Seme border and we agreed. When we came back to border, I told you that we will have to wait for Valuation because there is issue on ground here and you gave me 800k and asked me to call you when the Value is out. I called you around 9pm that same day to explain the whole issue to you but you told me that you can’t afford and I should refund your 800k to you, we agreed. On the 11th of May around 12:30, you came to meet me in my office and asked of your balance and I gave you the 800k cash.
I never asked you of any additional fee and you did not give me any additional money the total money that you gave me was 400k NGN.

On the 11th of May, after I refund your 800k, you asked me to take you to cotonuo port that you want to see the car. At cotonuo’s port, your saw all what we passed through simply just to satisfy you. Unfortunately, around 9:30pm, they made us realized that the shipping company you used did not alert them to release the car. I took you to the vice controller’s office and he showed you everything on system.
You called me a tout Lawrence, it’s never your fault. When you told me that you can’t afford the duty, I even promised to fly in the car free of charge for you so that you will park it in your compound till we resolve the issue on ground here, I will process your paper and give it to you. If truly you think that I have scammed you,you know what next to do legally. You claimed that I was extorting you, we agreed on a price and you paid me willingly, is that the meaning of extortion? Honestly you are a fool and I’m highly disappointed in you Lawrence. Am not a kid and age wise am not your mate. Do you think that you are dealing with a novice? When I asked you to provide your international passport do you think that I don’t know what I’m doing? I noticed criminal steps that you are taking and I can never let you to put me in trouble because I noticed that you are not comfortable at all when I asked you some questions about the car.


Nairaland is a good and number one Nigerian leading site with educated and expose members which I regards as my family. I have transacted business worth of millions with Naiaralnders and I never had issue like this before. Although, at times we have misunderstand but we resolve it amicably that is what they called maturity. In a business you don’t expect thing to augur well all the time. The way you resolve issues with your clients determine the continuity. Lawrence never told me anything before. Lawrence just went to where I parked the car at border and moved it without telling me and since then I have been calling Lawrence lines, no response. If someone offends you atleast you will let the person know. When the car arrived border on Monday, I called Lawrence to come and see his car and showed him where am going to park it. The next thing I heard was Lawrence went to move the car without telling me. The boys at the park called me and I ordered them to release the car to him and I play along with Lawrence because he did not tell me anything and I don’t want him to think that am after his job or money. When I took you to where I parked your car, close to 40cars that was there did you see any car below 2009 model, these are brand new cars waiting for clearing and the owners are satisfied and comfortable with me.

@ FHEMMY
My mentor I hail you. I have been following your comment on issues like this before and I noticed that you are always neutral.In a business, issues arises, but the way it was solved matters most. I have to correct something here. I have license to clear cars at both Seme and Tincan port. Both ports are legally approved by govt and no risk attached to shipping cars via Cotonuo Port. The only different between cotonuo and Tincan is just the duration. If you are clearing through Cotonuo its faster compares to Tincan. The normal bank payment duty for 2012 GL450 is 3.3m NGN approximately. This is normal fee approved by govt. but we agents and NCS have an agreement because we learnt that nobody is ready to pay that duty because its too high, nobody can afford it. We agreed on a Value. This forum is a public place and as agent, its not everything that I will tell you here. With this agreed Value, when you pay for it, next thing is to pay for FOU and CIU and no custom men will question your paper. The 1.6m NGN I asked Lawrence to pay me for the custom papers, for confirmation of his custom papers, I told him that he will drive the car himself from Seme border to VI and I will sign an agreement that if NCS impound his car because of the custom papers, I will be held responsible. Where have I wronged this man called Lawrence?

We met around 3pm on the 10th of may, on the 11th he asked me to refund 800k and I did, Saturday and Sunday, no work. On Monday the vehicle arrived Seme border and I called him to come and see his car. Since that Monday, I have not set my eyes on Lawrence neither did he call or reply my messages. Who is crook between me and Lawrence?


@ Inspired

I really appreciate your work as a moderator on this forum and also a dealer, it not an easy task at all, Kudos to you. I will like to make something clear to you on this issue Mr. Moderator.

When a buyer and seller are having issue like this, you have to be neutral and try as much as possible to gather concrete evidence before you take your decision. Lawrence was my client and I think that if I have done anything wrong to him. He accused me of extorting him, apart from the 400k I charged him and he paid me willingly, did you asked him if he gave me any other money?
You claimed that general cotonuo clearing is 400k CEFA, what are you insinuating? This is confusion and selfish statement. Normal Custom clearing in cotonuo is 450k Cf and you will have to pay for security, battery and imported card which is not inclusive in the 450k Cf. if you are clearing cars in Cotonuo, you will pay for security, battery and imported card which varies but at the range of 55k cf to 80k cf depending on where you buy your car. Total cost of clearing cars at cotonuo cars market is 550k Cf maximum
Secondly, Lawrence car was not bought in Cotonuo. This particular car was shipped to cotonuo with instructions. Normally, if a car was shipped as normal car, the first thing I will do was to transfer it from port to shipped cars park before the clearing start. But this particular car was containerized and the instruction was to clear the car as a container at the port and deliver to Seme. But I used all the connection I have in cotonuo to assist Lawrence but all what I will gain from Lawrence was all this rubbish. If the car were to be cleared as container, he will spend close to a million Naira and he was aware because I took him to the office of the Vice controller cotonuo port and they showed Lawrence everything on system and explained to him in details.
We are all doing business to make profit, if I charged Lawrence, 10m NGN to clear from cotonuo port to Seme and he paid me willingly and later saw lower offer from different agent. That’s not extorting. I did not force him. Mr Inspired, you are doing business. The way you charge buyer A may different to the way you charge buyer B. I don’t think that the charges Lawrence paid me should be anybody’s business because I know how much am paying gvt as a licensed agent.
I have gone through Lawrence cooked write up. This man is just a nuisance. If it’s real, why did he refuse to pick my call or reply my messages? Till date I never heard from Lawrence. When Lawrence was not comfortable with me, I called him and advised him as a brother to try some else. I don’t want him to feel cheated.

Honestly, Lawrence you are a clown. Do you think that you can bring me down? You are just fooling yourself


regards
Re: Beware Of Kayode Fagbenro - Cotonou “Clearing Agent”, “Car Dealer” by AENAIJA: 12:30pm On May 25, 2012
see my response in the next post.

Kaymed: This is total BLACKMAILLING. I must confess I did not have much to say on this issue again because this is a total blackmail.

Mr Lawrence, I don’t think you know the implication of what you are doing. If I had issue with you, you know my office, why don’t you come and lets resolve it amicably.
I have been in this business for over Ten years and nobody has ever accused me like this before. We met at Seme border around 3pm on the 10th of May. I explained everything to you in details, I told you that we are having issues with NCS but we are still dialoging and secondly when I did not heard from you as we agreed again, I used the value I have collected for your car for another car because I thought that you can’t make it to Lagos again that week. I charged you 400k for clearing the car from cotonuo port to Seme border and we agreed. When we came back to border, I told you that we will have to wait for Valuation because there is issue on ground here and you gave me 800k and asked me to call you when the Value is out. I called you around 9pm that same day to explain the whole issue to you but you told me that you can’t afford and I should refund your 800k to you, we agreed. On the 11th of May around 12:30, you came to meet me in my office and asked of your balance and I gave you the 800k cash.
I never asked you of any additional fee and you did not give me any additional money the total money that you gave me was 400k NGN.

On the 11th of May, after I refund your 800k, you asked me to take you to cotonuo port that you want to see the car. At cotonuo’s port, your saw all what we passed through simply just to satisfy you. Unfortunately, around 9:30pm, they made us realized that the shipping company you used did not alert them to release the car. I took you to the vice controller’s office and he showed you everything on system.
You called me a tout Lawrence, it’s never your fault. When you told me that you can’t afford the duty, I even promised to fly in the car free of charge for you so that you will park it in your compound till we resolve the issue on ground here, I will process your paper and give it to you. If truly you think that I have scammed you,you know what next to do legally. You claimed that I was extorting you, we agreed on a price and you paid me willingly, is that the meaning of extortion? Honestly you are a fool and I’m highly disappointed in you Lawrence. Am not a kid and age wise am not your mate. Do you think that you are dealing with a novice? When I asked you to provide your international passport do you think that I don’t know what I’m doing? I noticed criminal steps that you are taking and I can never let you to put me in trouble because I noticed that you are not comfortable at all when I asked you some questions about the car.


Nairaland is a good and number one Nigerian leading site with educated and expose members which I regards as my family. I have transacted business worth of millions with Naiaralnders and I never had issue like this before. Although, at times we have misunderstand but we resolve it amicably that is what they called maturity. In a business you don’t expect thing to augur well all the time. The way you resolve issues with your clients determine the continuity. Lawrence never told me anything before. Lawrence just went to where I parked the car at border and moved it without telling me and since then I have been calling Lawrence lines, no response. If someone offends you atleast you will let the person know. When the car arrived border on Monday, I called Lawrence to come and see his car and showed him where am going to park it. The next thing I heard was Lawrence went to move the car without telling me. The boys at the park called me and I ordered them to release the car to him and I play along with Lawrence because he did not tell me anything and I don’t want him to think that am after his job or money. When I took you to where I parked your car, close to 40cars that was there did you see any car below 2009 model, these are brand new cars waiting for clearing and the owners are satisfied and comfortable with me.

@ FHEMMY
My mentor I hail you. I have been following your comment on issues like this before and I noticed that you are always neutral.In a business, issues arises, but the way it was solved matters most. I have to correct something here. I have license to clear cars at both Seme and Tincan port. Both ports are legally approved by govt and no risk attached to shipping cars via Cotonuo Port. The only different between cotonuo and Tincan is just the duration. If you are clearing through Cotonuo its faster compares to Tincan. The normal bank payment duty for 2012 GL450 is 3.3m NGN approximately. This is normal fee approved by govt. but we agents and NCS have an agreement because we learnt that nobody is ready to pay that duty because its too high, nobody can afford it. We agreed on a Value. This forum is a public place and as agent, its not everything that I will tell you here. With this agreed Value, when you pay for it, next thing is to pay for FOU and CIU and no custom men will question your paper. The 1.6m NGN I asked Lawrence to pay me for the custom papers, for confirmation of his custom papers, I told him that he will drive the car himself from Seme border to VI and I will sign an agreement that if NCS impound his car because of the custom papers, I will be held responsible. Where have I wronged this man called Lawrence?

We met around 3pm on the 10th of may, on the 11th he asked me to refund 800k and I did, Saturday and Sunday, no work. On Monday the vehicle arrived Seme border and I called him to come and see his car. Since that Monday, I have not set my eyes on Lawrence neither did he call or reply my messages. Who is crook between me and Lawrence?


@ Inspired

I really appreciate your work as a moderator on this forum and also a dealer, it not an easy task at all, Kudos to you. I will like to make something clear to you on this issue Mr. Moderator.

When a buyer and seller are having issue like this, you have to be neutral and try as much as possible to gather concrete evidence before you take your decision. Lawrence was my client and I think that if I have done anything wrong to him. He accused me of extorting him, apart from the 400k I charged him and he paid me willingly, did you asked him if he gave me any other money?
You claimed that general cotonuo clearing is 400k CEFA, what are you insinuating? This is confusion and selfish statement. Normal Custom clearing in cotonuo is 450k Cf and you will have to pay for security, battery and imported card which is not inclusive in the 450k Cf. if you are clearing cars in Cotonuo, you will pay for security, battery and imported card which varies but at the range of 55k cf to 80k cf depending on where you buy your car. Total cost of clearing cars at cotonuo cars market is 550k Cf maximum
Secondly, Lawrence car was not bought in Cotonuo. This particular car was shipped to cotonuo with instructions. Normally, if a car was shipped as normal car, the first thing I will do was to transfer it from port to shipped cars park before the clearing start. But this particular car was containerized and the instruction was to clear the car as a container at the port and deliver to Seme. But I used all the connection I have in cotonuo to assist Lawrence but all what I will gain from Lawrence was all this rubbish. If the car were to be cleared as container, he will spend close to a million Naira and he was aware because I took him to the office of the Vice controller cotonuo port and they showed Lawrence everything on system and explained to him in details.
We are all doing business to make profit, if I charged Lawrence, 10m NGN to clear from cotonuo port to Seme and he paid me willingly and later saw lower offer from different agent. That’s not extorting. I did not force him. Mr Inspired, you are doing business. The way you charge buyer A may different to the way you charge buyer B. I don’t think that the charges Lawrence paid me should be anybody’s business because I know how much am paying gvt as a licensed agent.
I have gone through Lawrence cooked write up. This man is just a nuisance. If it’s real, why did he refuse to pick my call or reply my messages? Till date I never heard from Lawrence. When Lawrence was not comfortable with me, I called him and advised him as a brother to try some else. I don’t want him to feel cheated.

Honestly, Lawrence you are a clown. Do you think that you can bring me down? You are just fooling yourself


regards
Re: Beware Of Kayode Fagbenro - Cotonou “Clearing Agent”, “Car Dealer” by AENAIJA: 12:43pm On May 25, 2012
1. The moderator inspired innocently made the following comment:

"I would Not Fault the Price Charged by KAYMED from Clearing from Cotonou Ship-Side to Seme Border even though it Reeks of GREED, it was mutually agreed btwn Both of you and He delivered same."

Inspired probably misunderstood my previous post, hence him innocently making that comment. No fault at all of inspired_M there. I ignored that incorrect assertion because I am trying hard to move on with respect to this matter. I think everybody who reads this thread discerningly, knows the truth.

2. However now that Kaymed has picked upon that innocent but incorrect comment of inspired_m to serve in his defense, I must respond.

3. I have one final comment on this matter...

Kaymed NEVER charged me NGN400000 for Cotonou clearing so I never agreed to that.

He charged me NGN1.3M as a package deal for Cotonou & Seme clearing and delivery to Lagos. I never asked for breakdown of Cotonou portion or Seme portion. I was given one package price and that was it and that was fine by me. Why would I ask for component pricing when my aim was to get the car to Lagos. Since my aim is to deliver the car to Lagos, I am interested in only ONE price - the cost to get the car to Lagos, not the individual components that make up that package price. When you go and buy a car, do you ask - how much is the engine, how much is the tire? No! You ask how much is this car!


4. On the basis of the NGN1.3M package price, Kayode asked me to pay him all or at least NGN1M upfront to "start work".

I then wired NGN500000 to his account EVEN before I met him that Thursday May 10, 2011.

5. When I then met him at Seme he then said in order not to waste time in going to the bank to retrieve funds i.e. the NGN500,000 I had already transferred to him, I should give him more money out of the balance of NGN800,000 (I.E. 1.3M - 0.5M) so that he could have that on hand in Cotonou. I asked him how much and he said 400000. So I gave him NGN400000. He NEVER EVER said 400000 was my Cotonou clearing fee and why should he. We were always working on a package price of 1.3m. The truth is when Kayode said 400000, he meant 400000CFA. I foolishly gave him 400,000NGN as any Nigerian would do - since NGN is our currency and we were in Nigeria. Instead of him to correct me, he keeps the money. Now this would not have been an issue if he had ultimately delivered the car to Lagos at 1.3M - the package price. If I got my car in Lagos for 1.3M would I be asking him , Kayode how much did you spend in Cotonou? Of course not, he would have fulfilled our agreement to deliver at 1.3M and that's would be a successful conclusion.

6. When he started his extortion games, I then asked him for a refund of my funds, he then claimed that the NGN400000 I gave him was used to pay Benin government for clearing. Obviously, as he admits above no one paid Benin Govt NGN400000.


7. So let it be ABUNDANTLY clear, I NEVER AGREED TO PAY KAYMED NGN400000 for Cotonou clearing. I only agreed to pay NGN1.3M for a package deal. Kayode now chose to seize my NGN400000 when I demanded for a refund claiming he had paid it to Benin Govt and to quote him: "you know you cannot get refund form govt'. of course we now know that is a lie, as he did NOT pay Benin govt NGN400000. He even implicitly admits this above.

8. Furthermore when I asked Kayode twice for a breakdown of the Cotonou expenses and documentary receipts, he refused to give this to me. If we did truly agree to NGN400000 he would have gladly have given me the breakdown AND receipts, but he knew he couldn’t because he had embezzled the NGN400000.

9. I also suspect that the 370,000CFA "for further expenses' that I was forced to pay and the 40000CFA for 'parking" is the ACTUAL amount used for clearing the car in Cotonou. My hunch, is that Kayode siezed my NGN400,000 and frankly embezzled it. The Cotonou agent he now used for the job was possibly not even paid for his Cotonou clearing services, hence the final demand made of me by Kayode for this 370000 + 40000 CFA - in order to settle the Cotonou agent for his clearing services, as Kayode was determined to keep my NGN4000000. Basically, Kayode seized my NGN400000 and then wanted me to now pay under the guise of "further expenses' the actual CFA cost of clearing in Cotonou. So I paid double for the same job. NGN400000 to Kayode which he basically embezzled, then CFA410,000 - which I strongly suspect was the actual cost to clear the car

10. Wise Nairalanders, who have followed this thread, know the truth here: Kayode played the classic "bait and switch" game and was determined to extort and extort money from me possibly without end. That is not in dispute. It is also not in dispute as Kayode admits above that the NGN40000 he post facto claimed to be the cost of Cotonou clearing was NOT the cost of Cotonu clearing. So he embezzled my NGN400000. He frely amdist inhis post that Cotonou clearing is 450000CFA with a possible max of 550000 CFA. Those are his words. The Cotonou/Benin govt fee for in transit cars is fixed. It’s public information. We all know that So why did he now claim that he spent NGN400,000 (1,250,000 CFA) to clear the car. SO why did he now charge another (410,000 CFA) for “further expenses and parking. Nairlanders, can you not see the duplicity Here. He admits Cotonou clearing is 550k max (a figure that many would argue is on the VERY high side) …yet, he took from me - 1,660,000CFA!!! .

11. Kayode, you have hurt me DEEPLY..not because of the financial losses you made me incur, not just because you cheated me, but because you betrayed the trust I placed in you. In a short time I came to trust you and took you as a younger brother. I considered you a friend. I even in the spirit of friendship, bought you a gift after my last trip which I immediately gave you when I first saw you on that fateful Thursday, May 10, 2012..yet that same day you cheated me of NGN400000 and played a bait and switch on me. What a tragic shame!


12. Kayode if you are an honest me, the best way to redeem yourself, since you admit that NGN400000 was not the cost of Cotonou clearing. REFUND ME MY NGN400,000! Accept your folly, your mistake and issue me a refund immediately. This singular act would be a testament to your remorse and repentance. And that is what an honest man would do! Without that refund…you will be always known here as a man who cheated his fellow Nairalander and you will have to bear the moral and spiritual repercussions of your evil act

13. The truth is clear for all to see. Nairalanders PLEASE learn from my experience and beware of Kayode/Kaymed. I have nothing more to add to this matter.

14. Kayode, you have called me many names (“clown”, “nuisance”, etc). I won't respond to your name calling other than to say those who cause me pain, those who cheat me, my God is on the throne and he never slumbers nor sleeps. He shall contend with those who contend with me. AMEN! Psalm 35:1.
Re: Beware Of Kayode Fagbenro - Cotonou “Clearing Agent”, “Car Dealer” by Oluwa4Sure: 1:42pm On May 25, 2012
Yes kaymed, refund this innocent guy his money. Again, why the insults? Please and please be diplomatic atleast.

And if you want people to still do business with you, then you should refund to AENAIJA @lease for the excess money paid which would be around 750,000CFA please kindly do that. Because I will advice u, ban or no ban, no NLer will want to have any biz to do wit u so long as this accusations remain. And trustme, this sh.it has come to stay, except u redeem ursef of It! Again always a gud name is better dan richess, getin a new I.D won't do u any good. Because dat means u will hav to stat all ova again, tryin to win ppl's trust(hoppin dey don't know u ar the kaymed)

Peace
Re: Beware Of Kayode Fagbenro - Cotonou “Clearing Agent”, “Car Dealer” by cjpanta: 8:50pm On May 25, 2012
@ Kaymed: That the guy paid you 400k willingly is not the issue here. The issue is that you collected 400k for a stuff that costs 150k max. That sounds like extortion to me. We are not dafts here. So don't come here sounding innocent and all. We won't buy that at all. Like Oluwasure said, u should just refund the guy his money if there's any integrity left in you. Stop beating around the bush. I bet u never knew nor taught about the impact ur greed will have on ur business.
Re: Beware Of Kayode Fagbenro - Cotonou “Clearing Agent”, “Car Dealer” by inspiredm(m): 9:51pm On May 25, 2012
Kaymed: @ Inspired

I really appreciate your work as a moderator on this forum and also a dealer, it not an easy task at all, Kudos to you. I will like to make something clear to you on this issue Mr. Moderator.

When a buyer and seller are having issue like this, you have to be neutral and try as much as possible to gather concrete evidence before you take your decision. Lawrence was my client and I think that if I have done anything wrong to him. He accused me of extorting him, apart from the 400k I charged him and he paid me willingly, did you asked him if he gave me any other money?
You claimed that general cotonuo clearing is 400k CEFA, what are you insinuating? This is confusion and selfish statement. Normal Custom clearing in cotonuo is 450k Cf and you will have to pay for security, battery and imported card which is not inclusive in the 450k Cf. if you are clearing cars in Cotonuo, you will pay for security, battery and imported card which varies but at the range of 55k cf to 80k cf depending on where you buy your car. Total cost of clearing cars at cotonuo cars market is 550k Cf maximum

AENAIJA: 1.

Kaymed NEVER charged me NGN400000 for Cotonou clearing so I never agreed to that.

He charged me NGN1.3M as a package deal for Cotonou & Seme clearing and delivery to Lagos. I never asked for breakdown of Cotonou portion or Seme portion. I was given one package price and that was it and that was fine by me. Why would I ask for component pricing when my aim was to get the car to Lagos. Since my aim is to deliver the car to Lagos, I am interested in only ONE price - the cost to get the car to Lagos, not the individual components that make up that package price. When you go and buy a car, do you ask - how much is the engine, how much is the tire? No! You ask how much is this car!


4. On the basis of the NGN1.3M package price, Kayode asked me to pay him all or at least NGN1M upfront to "start work".

I then wired NGN500000 to his account EVEN before I met him that Thursday May 10, 2011.

5. When I then met him at Seme he then said in order not to waste time in going to the bank to retrieve funds i.e. the NGN500,000 I had already transferred to him, I should give him more money out of the balance of NGN800,000 (I.E. 1.3M - 0.5M) so that he could have that on hand in Cotonou. I asked him how much and he said 400000. So I gave him NGN400000. He NEVER EVER said 400000 was my Cotonou clearing fee and why should he. We were always working on a package price of 1.3m. The truth is when Kayode said 400000, he meant 400000CFA. I foolishly gave him 400,000NGN as any Nigerian would do - since NGN is our currency and we were in Nigeria. Instead of him to correct me, he keeps the money. Now this would not have been an issue if he had ultimately delivered the car to Lagos at 1.3M - the package price. If I got my car in Lagos for 1.3M would I be asking him , Kayode how much did you spend in Cotonou? Of course not, he would have fulfilled our agreement to deliver at 1.3M and that's would be a successful conclusion.

6. When he started his extortion games, I then asked him for a refund of my funds, he then claimed that the NGN400000 I gave him was used to pay Benin government for clearing. Obviously, as he admits above no one paid Benin Govt NGN400000.


7. So let it be ABUNDANTLY clear, I NEVER AGREED TO PAY KAYMED NGN400000 for Cotonou clearing. I only agreed to pay NGN1.3M for a package deal. Kayode now chose to seize my NGN400000 when I demanded for a refund claiming he had paid it to Benin Govt and to quote him: "you know you cannot get refund form govt'. of course we now know that is a lie, as he did NOT pay Benin govt NGN400000. He even implicitly admits this above.

8. Furthermore when I asked Kayode twice for a breakdown of the Cotonou expenses and documentary receipts, he refused to give this to me. If we did truly agree to NGN400000 he would have gladly have given me the breakdown AND receipts, but he knew he couldn’t because he had embezzled the NGN400000.

9. I also suspect that the 370,000CFA "for further expenses' that I was forced to pay and the 40000CFA for 'parking" is the ACTUAL amount used for clearing the car in Cotonou. My hunch, is that Kayode siezed my NGN400,000 and frankly embezzled it. The Cotonou agent he now used for the job was possibly not even paid for his Cotonou clearing services, hence the final demand made of me by Kayode for this 370000 + 40000 CFA - in order to settle the Cotonou agent for his clearing services, as Kayode was determined to keep my NGN4000000. Basically, Kayode seized my NGN400000 and then wanted me to now pay under the guise of "further expenses' the actual CFA cost of clearing in Cotonou. So I paid double for the same job. NGN400000 to Kayode which he basically embezzled, then CFA410,000 - which I strongly suspect was the actual cost to clear the car

10. Wise Nairalanders, who have followed this thread, know the truth here: Kayode played the classic "bait and switch" game and was determined to extort and extort money from me possibly without end. That is not in dispute. It is also not in dispute as Kayode admits above that the NGN40000 he post facto claimed to be the cost of Cotonou clearing was NOT the cost of Cotonu clearing. So he embezzled my NGN400000. He frely amdist inhis post that Cotonou clearing is 450000CFA with a possible max of 550000 CFA. Those are his words. The Cotonou/Benin govt fee for in transit cars is fixed. It’s public information. We all know that So why did he now claim that he spent NGN400,000 (1,250,000 CFA) to clear the car. SO why did he now charge another (410,000 CFA) for “further expenses and parking. Nairlanders, can you not see the duplicity Here. He admits Cotonou clearing is 550k max (a figure that many would argue is on the VERY high side) …yet, he took from me - 1,660,000CFA!!! .

11. Kayode, you have hurt me DEEPLY..not because of the financial losses you made me incur, not just because you cheated me, but because you betrayed the trust I placed in you. In a short time I came to trust you and took you as a younger brother. I considered you a friend. I even in the spirit of friendship, bought you a gift after my last trip which I immediately gave you when I first saw you on that fateful Thursday, May 10, 2012..yet that same day you cheated me of NGN400000 and played a bait and switch on me. What a tragic shame!


12. Kayode if you are an honest me, the best way to redeem yourself, since you admit that NGN400000 was not the cost of Cotonou clearing. REFUND ME MY NGN400,000! Accept your folly, your mistake and issue me a refund immediately. This singular act would be a testament to your remorse and repentance. And that is what an honest man would do! Without that refund…you will be always known here as a man who cheated his fellow Nairalander and you will have to bear the moral and spiritual repercussions of your evil act

13. The truth is clear for all to see. Nairalanders PLEASE learn from my experience and beware of Kayode/Kaymed. I have nothing more to add to this matter.

[b]
From the Statements Gathered and In Essence, It means you Spent 1,660,000 CFA ( N534,500 ) to Get your Vehicle Out of Cotonou to Seme Border.

Also Going by KAYMED's Statement. It shouldn't Cost more than 550,000 CFA ( N177,000 ) to Clear same Car from Cotonou to Seme Border.

You have Stated that Clearing from Cotonou to Seme Border is 550,000 CFA ( N177,000 )

AENAIJA has Stated that He has Paid you 1,660,000 CFA ( 534,500 ) So Far and You Cleared the CAR up till SEME Border.


This Leaves a Balance of N357,000, ( Yet Unaccounted For )

If AENAIJA Never Agreed to Any Payments For Clearing to SEME Border and at the Middle of the Transaction You decided to Switch On him probably because His Money was With you, then that is EXPLOITATION & EXTORTION and it is FRAUDULENT.

@ the beginning of this Thread, AENAIJA Did not ask for a REFUND, His Intention was to "warn" others about his Experience, But at this Moment and After your Explanation, he has Asked for a REFUND.

KAYMED, Are You Willing to Refund AENAIJA the Sum of N357,000 or Is this Your "PROFIT in business" for Clearing From Cotonou to Seme Border ? [/b]

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