Iyabo Obasanjo, The Fraudster!

Interesting Reading.

OBJ & his family are pack of thieves. Simply Pure thieves.

And this same Daughter is a Senator. Only in Nigeria

http://www.thisdayonline.com/nview.php?id=98505

From Funso Muraina in Abuja, 12.20.2007

Dr. Iyabo Obasanjo-Bello, daughter of former president Olusegun Obasanjo and senator representing Ogun senatorial district, has been named in a controversy surrounding N3.5billion contracts in the power sector.

In a matter which has gone before the International Court of Arbitration in Paris, France, her business partner, M. Schneider, an Austrian company, has petitioned the Presidency and the Economic and Financial Crimes Commission (EFCC) over what it called the “fraudulent, corrupt and criminal nature involving Senator (Mrs) Iyabo Obasanjo-Bello (alias Mrs Damilola Akinlawon), then serving as a Commissioner with the Ogun State Government”.

The Austrian company alleged that Iyabo Obasanjo “fraudulently” presented herself as Mrs Damilola Akinlawon while entering into contractual agreement with it to float a company which put in bids for contracts in the power projects embarked upon by the government headed by her father.

In the petition dated 30th August 2007 and copied to other anti-corruption agencies like the ICPC, Code of Conduct Bureau and Chairman of the Senate Committee on Ethics, M. Schneider of Austria alleged that Iyabo concealed her identity and presented herself as Mrs Damilola Akinlawon with the “sole consideration of shielding her father, former President of Nigeria, from being perceived as having breached relevant laws in the award of power projects indirectly to her daughter”.

The company pleaded with the anti-corruption agencies to investigate the case with a view to ascertaining whether Nigeria’s laws were broken by Iyabo “acting either for herself or on behalf of the then President”.

Many letters exchanged between the parties indicated that the business which has pitched its promoters against each other was packaged by an acquaintance of the Obasanjo family, Prince Albert Awofisayo, who is also chairman of Vamed Engineering Ltd which got contracts to refurbish 17 teaching hospitals in the country for N27billion.

The involvement of Iyabo in the power project was said to have been at the instance of Awofisayo who in several correspondences with M. Schneider of Austria allegedly insisted that the involvement of Obasanjo-Bello was the guarantee that the company would secure the power project contract.
Awofisayo had entered into negotiation with M. Schneider of Austria to set up a Nigerian company named M. Schneider Energy (Nig) (MSEN) Ltd as a special purpose company to secure power project contracts in Nigeria.

In an e-mail message to Mag Andreas Altenhuber, Managing Director of M. Schneider of Austria, dated June 1st, 2006 and presented as exhibit in the petition to the EFCC by the Austrian company, Awofisayo had explained that “the reason for inviting Akiya [a company owned by Iyabo Obasanjo-Bello and one of her siblings, Busola] was the strategic role Akiya could play in M. Schneider Nigeria’s affairs in seeking for projects and facilitating Government’s approval”.

For this strategic role, Akiya was given 10 per cent equity in the company at incorporation. Akiya was also to collect a 10 per cent commission on any contract secured for M. Schneider (Nig) Ltd.

M. Schneider Nigeria eventually won two of the bids for power projects while it was on the line to win another two before disagreement among its shareholders put spanners in the works.

The company was awarded the contracts relating to Substations in Benin North and Line Bay at Obudu respectively at values totalling over 15 million euros in offshore cost and over N762 million in local cost.

The breakdown of the contracts is: Lots 19-2-Offshore Price, 13,595,940.31 euros and local price of N569,440,123.00. The second contract, Lot 20-2 has a price of offshore 2,077,416.34 euros and local price of N193,535,970.00, bringing the total value to 15,673,356.60 euros and N762,976,093.00.
However, a disagreement over money sharing and control of the company soon set in and the parties to the business deal soon landed themselves in court.

The contracts were eventually cancelled.

The partners are now trading blames on who was responsible for the cancellation. The Nigerian partners blame it on the intransigence of the Austrian company and are demanding compensation through the Arbitration panel. The Austrian company on the other hand is blaming it on the decision of the Nigerian partners to register another company, Translational Energy Nig Ltd which they had hoped would execute the contract to the exclusion of the Austrian company.

The Austrian company is now claiming compensation for loss of the contract.

Awofisayo approached the International Arbitration Panel in France to get reprieve. Akiya (Nig) owned by Obasanjo-Bello and one of her siblings, Busola also approached the Arbitrators to make similar claims.

In his Request for Arbitration before the International Court of Arbitration, Otunba Awofisayo, to justify his request for a refund of the money which he claimed to have spent to facilitate the contracts, admitted that MSEN did not possess the requisite experience or record of performance to secure the contracts.

“The claimant expended a lot of money on building a very strong profile and goodwill for the new company in Nigeria since the company, MSEN, was unknown in Nigeria and had never undertaken any power transmission in Nigeria and had never undertaken any power transmission and Substation projects in Nigeria or possessed any track record of performance of such projects anywhere in the world,” he said.

M. Schneider of Austria objected to these demands of Awofisayo and Obasanjo-Bello on the ground that all the agreements signed by the parties in the deal were null and void. Schneider contends that the agreements are not valid because Awofisayo who invited Obasanjo-Bello into the deal conspired with her (Iyabo Obasanjo-Bello) to hide her true identity while claiming to be Mrs Damilola Akinlawon.

The company provided several evidence to prove that the woman who signed agreements with them purporting to be Mrs Damilola Akinlawon was actually Obasanjo-Bello. These include an application by Otunba Awofisayo to the Austrian Embassy in Nigeria for Schengen Visa for Obasanjo-Bello and Busola Obasanjo. The Austrian company argued that it was this visa that Iyabo Obasanjo utilised to visit Austria to sign contract papers with it in December 2005.
The company also attached records of Renaissance Penta Vienna Hotel with the names of Obasanjo-Bello and Mr Richard Awofisayo as evidence that the person who signed contract papers with them was actually Iyabo Obasanjo-Bello and not Damilola Akinlawon.

In the record, Obasanjo-Bello was recorded as staying in the hotel between 14 and 18 December 2005. Mr Awofisayo stayed in the hotel between 12 -18 December 2005. Also, the Austrian company attached eight photographs of the agreement signing ceremony between Nigerian promoters of the company and M.Schneider of Austria in December 2005 featuring Obasanjo-Bello dressed in a cream jacket.

M. Schneider attached a Certified True Copy of the Memorandum and Articles of Association of Akiya Nigeria Limited in which only Obasanjo-Bello and her sibling Busola Obasanjo were listed as directors. M.Schneider is contending that there is nobody listed as Mrs Damilola Akinlawon as a director of Akiya Nigeria Limited contrary to the claims by Otunba Awofisayo and Akiya Nigeria Limited that the said Mrs Damilola Akinlawon is a director of Akiya Nigeria Ltd. representing the company on the board of M.Schneider Nigeria.

Relying on these pieces of evidence, the Austrian company claims that both Obasanjo-Bello and Awofisayo wilfully deceived it and contravened several aspects of the Nigerian law which makes the agreements with them null and void.

The Austrian company indicated in its petition that EFCC had investigated the matter in 2006.The company claimed that the underlying dispute “culminated in our being frustrated out of Nigeria after investing in excess of one million Euros”.

http://www.thisdayonline.com/nview.php?id=98505

Can you believe Iyabo defence:

Iyabo said she was not directly involved in the business. “I know Prince Awofisayo. Sometime ago, he invited me to be part of a business he wanted to do. Some of these proposals work, other times they don’t. Prince said I should not worry, that he would fund the entire project. I told him since I was a commissioner, it could raise issues of conflict of interest. We agreed to go into the business all the same. Prince formed a company and did all the ground work. We agreed that I should use a different name, yes, because in law there is nothing wrong with that. Even the arbitration panel in Paris, on which a judge of the high court of England sat, agreed that legally, there was nothing wrong in that.

thieves
Ole
Barawo
ladrones
Vole
Dieb
ladro
De Dief
ladrão
どろぼう
竊賊


Let see what EFCC will do now!

what an ugly, corrupt, uncouth and shameless woman.

like father like daughter.

Who will save Nigeria?is there any hope for Nigeria?How long will it continued to be ruled by thugs,thieves,419 etc,a great country like Nigeria deserve better, a nation that has produced intellectuals like Prof Wole Soyinka etc and what are Nigerians citizen doing in the wake of this indictments,something must be done,Nigeria will be great again,if and if we determine to make the change.

Dr. Iyabo Obasanjo-Bello, daughter of former president Olusegun Obasanjo and senator representing Ogun senatorial district, has been named in a controversy surrounding N3.5billion contracts in the power sector.

slowly we begin to see why NEPA never works for Nigerians.

Something as sensitive as this and no source?

Something as sensitive as this and no source?

Seun, I have never posted untrue stories on this site.

Iyabo and Baba Iyabo are OLE, THIEVES. They belong to 'kirikiri'

http://www.thisdayonline.com/nview.php?id=98505

It doesn't cost you anything to post the source, so please make sure you do this next time.

It doesn't cost you anything to post the source, so please make sure you do this next time.

Yes, Sir.

Now we can see 'daughter of thief' will surely be a thief.

It is a family of rogues. A shame to OWU people.

Mr. Babasin aka Mr. rule of law what other inconsistency can you portray.

Has she been declared guilty by a competent law court, but you have called her a thief. Following your rule of law and due process, you have no business making such statements.

Yes we all have issues with OBJ and want to see him indicted but your contradicting principles is just alarming.

Has she been declared guilty by a competent law court, but you have called her a thief. Following your rule of law and due process, you have no business making such statements.

the excuse she gave already nailed her, we dont need to wait for any law court.

she should have remained quiet and get a lawyer instead she talked and we use that against her; simple.

We agreed that I should use a different name, yes, because in law there is nothing wrong with that. Even the arbitration panel in Paris, on which a judge of the high court of England sat, agreed that legally, there was nothing wrong in that.

Using a 'FAKE name' to register a company is criminal.

We know why national ID-card, did not work under OBJ; so he can use FAKE names to steal our money

Using a 'FAKE name' to register a company is criminal.

Can you quite the relevant section of the constitution to back up that claim?

babasin:

the excuse she gave already nailed her, we don't need to wait for any law court.

Oh really so you are now the person to determine that her excuse has nailed her, I hope you also read that the excuse was tenable at the arbitration panel See the quote below from the link "Even the arbitration panel in Paris, on which a judge of the high court of England sat, agreed that legally, there was nothing wrong in that".

http://www.thisdayonline.com/nview.php?id=98504

Read it for yourself. You read one part and didnt bother to read her defense, what Mr. Rule of Law you really her. It is clear your rule of law stand was nothing in real terms but similar to the AG subjective and protective.

I hope its gettting clear to the blind that the advocates of this so called rule of law in Nigeria know close to nothing of what they are talking about.

@ seun thank you, i have just showed him where the defence is that legally it wasnt wrong.

Rushing into judgement on an case reported in the newspaper is definitely not a fair way to judge matters. However if I read the story well, the actors in the matter went to international arbitration court and the expartriate lost. Likewise, they have their day in the local court and they also lost. Don't you guys think that this two hallowed institutions would not have collaborated with Iyabo and Awofisayo against the Austrian so called expartriates? Please do not visit the sin of the father on the daughter as this will be inimical to the rule of natural justice.

Can you quite the relevant section of the constitution to back up that claim?

simple, a name must have legal identity! otherwise its not recognised by any legal/official matter.

The company provided several evidence to prove that the woman who signed agreements with them purporting to be Mrs Damilola Akinlawon was actually Obasanjo-Bello. These include an application by Otunba Awofisayo to the Austrian Embassy in Nigeria for Schengen Visa for Obasanjo-Bello and Busola Obasanjo. The Austrian company argued that it was this visa that Iyabo Obasanjo utilised to visit Austria to sign contract papers with it in December 2005.
The company also attached records of Renaissance Penta Vienna Hotel with the names of Obasanjo-Bello and Mr Richard Awofisayo as evidence that the person who signed contract papers with them was actually Iyabo Obasanjo-Bello and not Damilola Akinlawon.

the fake name does not exist in-law, thats why she went to Austria her-self to sign the contract.
Thats already criminal and any contract will be void.

if she does not want to be associated with company, you get your lawyer or someone else to represent your interest.

Awofisayo is also associate of OBJ who got all illegal hospital contract that was recently cancelled by yaradua

Many letters exchanged between the parties indicated that the business which has pitched its promoters against each other was packaged by an acquaintance of the Obasanjo family, Prince Albert Awofisayo, who is also chairman of Vamed Engineering Ltd which got contracts to refurbish 17 teaching hospitals in the country for N27billion.

They are all fraudsters.

Its in the blood ke, like father like _____________ .
Clap for yourself.

@ babasin all you have stated is your opinion which in this case really should be considered dodgy.

The issue is quite clear don't attempt to cloud it, legally has she done anything wrong like say impersonication etc. What law has she broken. Seun asked you to provide the penal code/constitution you havnt done that.

Please do your research and when or if you find something (because i suspect they knew exactly what they were doing .i.e not breaking the law) inform the house, not with this your ill informed arguement.

babasin:


if she does not want to be associated with company, you get your lawyer or someone else to represent your interest.

Awofisayo is also associate of OBJ who got all illegal hospital contract that was recently cancelled by yaradua

They are all fraudsters.

Agreed that getting a representative is the neater option and we have greed to thank for that if not we would not know of this, but the question is did she break the law?

And your insinuations of illegal and fraudsters is laughable, MR. rule of law.

need not to talk before it turns to a tribal disput

she must be stonned to death, like father like , bunch of rogues

Iyabo herself acknowlegded the fact that there was conflict of interest, yet she went ahead with the business albeit under a different name. She's not a honest person.

ziddy:

Iyabo herself acknowlegded the fact that there was conflict of interest, yet she went ahead with the business albeit under a different name. She's not a honest person.

Of course, she and her friends definately knew what they were doing they never thot the deal will go bad. The intent is clear, it was to gain using her position as commissioner and the presidents daughter, but you just wait and see how the rule of law will be used to play this out.

This is nothing but 419.

The company provided several evidence to prove that the woman who signed agreements with them purporting to be Mrs Damilola Akinlawon was actually Obasanjo-Bello. These include an application by Otunba Awofisayo to the Austrian Embassy in Nigeria for Schengen Visa for Obasanjo-Bello and Busola Obasanjo. The Austrian company argued that it was this visa that Iyabo Obasanjo utilised to visit Austria to sign contract papers with it in December 2005.
The company also attached records of Renaissance Penta Vienna Hotel with the names of Obasanjo-Bello and Mr Richard Awofisayo as evidence that the person who signed contract papers with them was actually Iyabo Obasanjo-Bello and not Damilola Akinlawon.

419 act is attached.

whats EFCC waiting?

…It’s Pure Blackmail, Says Ex-President’s Daughter


Dr. Iyabo Bello-Obasanjo has reacted to the allegations by M. Schneider, an Austrian company, that she used false identity to do business with them.
Also, Prince Albert Awofisayo, the former chairman of the Nigerian subsidiary of the company, has dismissed allegations levelled against him by the company.
Both of them spoke in separate interviews with THISDAY yesterday.
Iyabo said she was not directly involved in the business. “I know Prince Awofisayo. Sometime ago, he invited me to be part of a business he wanted to do. Some of these proposals work, other times they don’t. Prince said I should not worry, that he would fund the entire project. I told him since I was a commissioner, it could raise issues of conflict of interest. We agreed to go into the business all the same. Prince formed a company and did all the ground work. We agreed that I should use a different name, yes, because in law there is nothing wrong with that. Even the arbitration panel in Paris, on which a judge of the high court of England sat, agreed that legally, there was nothing wrong in that.
“The company put in bids for the power projects without any input from me. It went through a normal, transparent process. I didn’t even know anybody at NEPA, so I could not have influenced anything. The company won the contracts. It is true that I used a pseudonym. It was Prince Awofisayo who funded the whole project. I did not put in a penny and I did not receive a penny from it.
“The truth will come out someday. This is pure blackmail. Because their business relationship has gone bad now, they now want to drag me in an unnecessary controversy. This is unfair. They are trying to use the media to destroy me because I am Obasanjo’s daughter. Does it mean because I am Obasanjo’s daughter, I cannot do anything again in this country? I have worked hard all my life. I am a PhD holder by dint of hard work. Does it mean I cannot even do anything again in my life without people trying to make a big issue out of it?”
Prince Awofisayo told THISDAY he was out of the country but would speak on the controversy as soon as he returns.
He said the Austrian company had resorted to blackmail because of its failure to prove its case in a court of law.
“I am the sole promoter, financier and initiator of M. Schneider Energy Nig. Limited,” he said. “Iyabo is someone I have known for a long time. I wanted her to be part of the business and I invited her. Reluctantly, she agreed to join. What these Austrian guys are doing is unfair. They just want to blackmail the woman. When we couldn’t forge a good working relationship, our deal collapsed. I took them to the International Court of Arbitration and I won. They went to the court in Nigeria and lost, yet they are trying by all means to blackmail everybody. I have all the documents with me. We will sit down and discuss everything when I return to Nigeria. I am not saying don’t write your story, but you owe me the duty of getting all the facts right. They have lost every case against me, that is why they are resorting to blackmail.”


http://www.ngex.com/cgi-bin/frame/frameit2.plx?link="http://www.thisdayonline.com"

I am calling for EFCC, ICPC, CID, CIA, FBI and British police to vigorously probed this chick.

“The truth will come out someday. This is pure blackmail. Because their business relationship has gone bad now, they now want to drag me in an unnecessary controversy. This is unfair. They are trying to use the media to destroy me because I am Obasanjo’s daughter. Does it mean because I am Obasanjo’s daughter, I cannot do anything again in this country? I have worked hard all my life. I am a PhD holder by dint of hard work. Does it mean I cannot even do anything again in my life without people trying to make a big issue out of it?”: by Iyabo Obsanjo

Nobody gives a shi t even if you're PDP holder. It absolutely means nothing, a thief is a thief. Your daddy is very greedy and vindictive; hence, there is 101% chances that you've followed the same foot steps.

The truth will come out someday my as s. We want the truth now!

I will keep my eyes on this allegation. She must be harassed, probed and arrested the same way her father has done to others.

Olosi, omo Baba Elede. (Pig father's daughter).

I find it alarming that peeps can even be asking babasin to prove his stance on Iyabo obj's fraud allegation.
How can one assume another identity solely because they have an interest in a contract being awarded to another party all because of their presence in the government albeit through being a commissioner of a state or better still, the daugther of the then standing president.

Aren't public office holders suppose to show good morales, lay good examples and at least follow good diligence when it comes to managing public money (i know this is not the case in naij).

Me thinks she is guilty for even changing her name as that just doesn't seem right with the current image of naij in today's world.

Isn't it the same things 419 or yahoozee peeps get arrested for by EFCC (assuming different identity for the main purpose of defrauding unsuspecting muguns)?

One voice peeps as dats just the way forward.

I don't think anything is going to come out of investigation dats if it even gets to that stage but an outcry will definitely help in many ways than we can even understand

Only in Nigeria do we crucify people before we have concrete evidence that they are guilty

What happen to due process of the law? Do we not have fundamental human rights any more?

Please investigate her and if she is found wanting, then call her what ever you want to call her.

She is Innocent until proven guilty in my book

I abhor corruption
But we must not fight corruption with any hidden agenda, be it tribal, ethnic,
religion, personal hatred or whatever
When we fight this evil with open mind, without grudges or sensationalism
then we are on the right path
We should not rush to judgement from what an agrieved partner
has alledged. When the going was good, did they complain?.
Good for all us that the contract has been cancelled

Please, please let us remove our personal biases from this evil
We should be intelligent enough to analyse the corruption problems
that confront us or else we will be part of the corruption cycle.

Granted that Senator Iyabo's actions in this transaction is deplorable and she should not have been involved in this type of deal; which she readily acknowledged herself.  We should be careful not to transfer the hatred that we collectively have towards her father to her.  The real culprit is Chief Awofisayo who went and recruit a company that has no experience in the power sector to bid and won, and then out of greediness tried to scheme the company out of the contract.

The real issue really is the tendency of us Nigerians to always associate ourselves with foreign companies to the detriment of the indigenous ones, even those foreign ones that have no iota of experience in the project, and then we clothe them with our connection to get the contract.  I am not against using expatriates to gain a competitive advantage, but for crying out loud, use a company that is well versed and experienced in the project.  The bane of our problem and I have witnessed this time and time again, is that we will bring someone/company  that has no experience, confer on them an expatriate status and get a shoddy job done, paid them below the premium cost of the contract so as to pocket more money as "gains".  That my friends is the greediness of the Nigerian factor.

Notice that I use "we" in this response, all Nigerians have this same mindset.

The EFCC act that was cited above, if read and understood correctly states ", any person who by any false pretence, and with intent to defraud, "  The key interpretation is the intent to defraud, yes Senator Iyabo impersonates another person, hence false pretence; however, it doesn't appear that she or her company did it with the intent to defraud.  Both companies enter into a contract to bid and both of them misrepresented themselves; Shneider did not posses the required experience to perform the contract, and Akila also misrepresented the facts surrounding the ownership of their company.  The Court or the arbitration panel should be the one to rule on this.

I believe M. Sheneider is just playing to the gallery on this one and trying to tap into the sentiments that most Nigerians have for the person of Obasanjo and not on the merit of their case.  We need to be careful not to join with them in this naked dance at the market place.

Look before u leap. Anti-Obasanjo's please this is fresh story wait for media like me i am just reading this and i cant make any judgement base on news paper cos they are agent of blackmailing.

Only in Nigeria do we crucify people before we have concrete evidence that they are guilty

What happen to due process of the law? Do we not have fundamental human rights any more?

Please investigate her and if she is found wanting, then call her what ever you want to call her.

She is Innocent until proven guilty in my book

Dude, you're absolutely mentally disable for making such a despicable statement. Your hero (EHINDERO) ran all over Nigeria like a lost dog barking at innocent Nigerians without any tangible reasons, just because his master directed him.

You need to change that post before I start vomiting all the food from yesterday.

akara:


Its in the blood ke, like father like _____________ .
Clap for yourself.

lmao hehe  

the world is watching .