Novice1: Why are they particular about locating the cash?

Kobojunkie: Now I am beginning to doubt there was a 'sting' to begin with.

Why in the world would the Police use MARKED DOLLAR NOTES for a sting, and somehow forget to make sure they can easily TRACE THE NOTES?

It has been about 2 months since the 'sting', yet the best our cops have to do is SEARCH BANKS for the missing notes?

fstranger6:

What will you not doubt? I am sure you sometimes doubt your own humanity, no?





What is marked is the serial number of the money. It is not as if there is some chip embedded to make it electronically traceable or some chemical sprayed on it that makes it glow automatically. There are no GPS involved here.






WHere else do you want them to search? under his pillow? Not everyone has a wide a/s/s to stuff money into like your awesome self. All they can do is search banks, after all, he must have deposited the money somewhere and the money mixed up with some other money in the bank for only god knows where destination. Chillax okay . . . why are you so in a hurry? Them taking their time to do a thorough job doesnt affect your SSI or unemployment one bit. Let them do their job while you continue to post trash on NL like you always do. if you could do better, you wouldnt be here on NL with your senseless posts, you'd actually be somewhere doing some real work.

Kobojunkie: Now I am beginning to doubt there was a 'sting' to begin with.

Why in the world would the Police use MARKED DOLLAR NOTES for a sting, and somehow forget to make sure they can easily TRACE THE NOTES? It has been about 2 months since the 'sting', yet the best our cops have to do is SEARCH BANKS for the missing notes?

Demdem: i wonder why farouk wasnt arrested immediately when he collected the money and leaving otedola's abode since we were made to understand its a string operation.
here is what i feel will subsequently happen:
The police will continue to search for the money till kingdom come, since their is no evidence, farouk wont even see any court process let alone jail, he will be recalled back to the house and continue his job. In between, the executives will be happy deceiving themselves that that the report has lost its legitimacy and Farouk will be well compensated by the killer party for facilitating this with the governorship slot of Kano state in the next election.
In summary, till i see Farouk in jail, i see no useless string operation but a collaboration between members of the same killer party all in an effort to rubbish the Subsidy report.

Atheist:-D:


Simple solution: scrap the reoort, do a new one with a new committee. Also set up a committee to investigate the bribery in the previous report.

13. With regards to the 445,000 bpd allocation to NNPC , the Committee believes that with the current refining capacity of 53% and the SWAP/Offshore processing arrangement of the balance of 47%, it is sufficient to provide the nation with the following products:
a. 40 Million Litres Per Day (MLPD) of PMS,
b. 10 MLPD of Kerosene (HHK)
c. 8.97 MLPD of Diesel (AGO) ,
d. 0.62 MLPD of LPG and
e. 2.31 MLPD of FO
It is only AGO whose average daily consumption of 12 million Litres per day will not be achieved in full. Since AGO has been deregulated, other marketers can make up for the 3.03 MLPD AGO shortfalls. The implication of this finding is that if NNPC properly manages the allocation of 445 bpd efficiently, the availability of the products can be achieved by the NNPC alone. This contrasts the situation where in 2009-2011 NNPC got the daily allocation of 445,000bpd and the nation still had to import through Marketers.
Curiously, although NNPC confirmed that it makes some savings of about =N= 11.00 per litre refining locally than import, it could not be established that the Corporation reflects this cost differential in its claims to subsidy.

2. We found out that the subsidy regime, as operated between the period under review (2009 and 2011), were fraught with endemic corruption and entrenched inefficiency. Much of the amount claimed to have been paid as subsidy was actually not for consumed PMS. Government officials made nonsense of the PSF Guidelines due mainly to sleaze and, in some other cases, incompetence. It is therefore apparent that the insistence by top Government officials that the subsidy figures was for products consumed was a clear attempt to mislead the Nigerian people.

4. On its part, NNPC was found not to be accountable to any body or authority. The Corporation, in 2011, processed payment of N310.4 Billion as 2009 – 2011 arrears of subsidy on Kerosene, contrary to a Presidential Directive which removed subsidy on Kerosene in 2009. The Corporation also processed for itself, direct deduction of subsidy payment from amounts it received from other operations such as joint venture before paying the balance to the Federation Account, thereby depleting the shares of States and Local Governments from the distributable pool. Worse still, the direct deduction in 2011 alone, which amounted to N847.942 Billion, was effected without any provision in the Appropriation Act.

Kobojunkie: Now I am beginning to doubt there was a 'sting' to begin with.

Why in the world would the Police use MARKED DOLLAR NOTES for a sting, and somehow forget to make sure they can easily TRACE THE NOTES? It has been about 2 months since the 'sting', yet the best our cops have to do is SEARCH BANKS for the missing notes?

Joey82:

abegi, there wasnt any sting jare,
otedola in the first place did not invite police/sss during the videoing (that's if there's any)
he (otedola) was however smart enof to have a record in case things go the wrong way.
once he felt he couldnt pay the 3m dollars farouk was asking, he decided to invite the sss and provided evidence.
if it were a sting, farouk would have been arrested befor leaving the scene of bribe collection.
if it were a sting, the sss wont wait until otedola blows the whistle befroe swinging in to action,
and for the records, there were no marked dollars, if there were, the sss definitely didnt mark it, if they did, they wouldnt be tracing where the dollars have gone to.
btw, at some point i thought farouk said the dollars were with the leadereship of the national assembly.

definately makes a lot of sense or is it that the whole of the SSS is so dumb like the retardeen himself

malc619: Once upon a "dollar"....

Kobojunkie: Now I am beginning to doubt there was a 'sting' to begin with.

Why in the world would the Police use MARKED DOLLAR NOTES for a sting, and somehow forget to make sure they can easily TRACE THE NOTES? It has been about 2 months since the 'sting', yet the best our cops have to do is SEARCH BANKS for the missing notes?

Novice1: Why are they particular about locating the cash?

Silva79: As far as i'm concerned,i dont think the money otedola gave lawan was MARKED!!! And i also dont think d SSS knew bout dis sting operation shit! HOW COME D SSS HAVENT SAID ANYTHING BOUT THE SCANDAL? Who in the sss gave otedola marked 600,000 dollars