jeffizy: With the mud-pit the Minister of aviation- Mrs Stella Oduah has found herself regarding the #225m bullet proof cars purchased , I want to look beyond the face of the minister .
Should Cosmos Maduka of COSCHARIS motors not be scrutinized too?
Corruption and Money Laundering is really the name of this game.

jeffizy: Mr kengali , sentiments apart.
You should follow your own advice.
You called the whole thing a lie?
I wonder how you people can sleep peacefully at night.

jeffizy: Mr kengali , sentiments apart.
You should follow your own advice.
You called the whole thing a lie?
I wonder how you people can sleep peacefully at night.

KenGali:

if I give you an official quote that shows the price is at least $550,000.00
Will you go ahead and call your self a liar for all your insinuations

jeffizy: Well, I am open to reasonable arguments. So I will wait for your "official quote".
But why is it just you that has such info and the NCCA can't produce?

KenGali:

So it has gone from lies about the price of the cars to money laundering.
Parents should endeavour to teach their children the meaning of the words they hear during the evening news.
I think you better go find the meaning of the term Money Laundering.

jeffizy: I have been able to read through your posts on the other thread and while I give it to you that you went through a great deal to provide this 'info', I will like to pain-stakingly explain to you that in a corruption ridden atmosphere money is stolen by over-paying for any good/contract.
It is not rocket science KEN.

sweet_gala:

You obviously don't know the workings of money laundering otherswise you would be wise to the knowledge that this is in fact nothing but that.

We are all aware the original value of the vehicles has been increased two folds from public information (BMW does not value those vehicles at $600000. Even if the consultation costs are payed to coscharis how can the head of ministry sign off on an estimate where the company stands to make over 100% profit?

Blacksta has explained it in simple lingo for your undeveloped Brain.

blacksta: The best way to steal money from the government as an employee of the same government - Is what we call over invoicing. what i have believed happened is as follows .

Stella: Mr Coscharis - how are you today - How would you like to make a fast buck

Coscharis : Abeg gist me - Please tell me better thing

Stella : I need two bullet proof bmw cars and at the same time - we can both make some serious money
Please order the cars and prepare an invoice for N255 Million. The interesting part - Please keep a 20% markup on the cars
and refund the rest to my Cayman island account.

Coscharis : Deal done ma - We don hammer ooooooooo

KenGali: Here is a quote for a new BMW 760 Li Hi Security from people who will sell it to you, not misguided journalists
http://alpa-gatt.com/ALPa_GATTPage/VermietungVerkauf/F03Optimiert.pdf

the price excluding tax and logistics is [size=16pt]400,000 Euros, that is $547,000.00 Each [/size]

By the way my topic giving the real prices has been maliciously moved from politics to car talk section by nairaland just to continue spreading the falsehood and deceive minds like yours. Check the link https://www.nairaland.com/1484333/dino-melaya-lies-used-bmw

You better go ahead and call yourself a liar or apologise and keep your peace!

KenGali:
Their is no need for any rocket science.
Why will the minister stake her reputation to steal a few million naira given the price of the vehicles i gave you. Do not forget that she owns an accomplished oil and gas company before ever becoming a minister.
This is just a carry over from the air crash saga and nothing more

otokx: Now i know why i was not sympathetic to Cosmas in the ifeanyi debacle. It was more of a debate between birds of the same feather.

biafranqueen: don't get me wrong being from Nnewi the stories about Cosmas is no different then Ifeanyi you attract who you are but based on the price quote he probable only made 40-50 million out of the 200 million that is a reasonable profit don't you think ?

jeffizy: I have been able to read through your posts on the other thread and while I give it to you that you went through a great deal to provide this 'info', I will like to pain-stakingly explain to you that in a corruption ridden atmosphere money is stolen by over-paying for any good/contract.
It is not rocket science KEN.

biafranqueen: don't get me wrong being from Nnewi the stories about Cosmas is no different then Ifeanyi you attract who you are but based on the price quote he probable only made 40-50 million out of the 200 million that is a reasonable profit don't you think ?

biafranqueen: do you know how much US government paid Dick Cheney company Haliburton for 1 case of mineral $45.00 NGN 7,000 $100.00 per meal. That is the wickedness all over the world in government contracts I hope when given the chance citizens like yourself will do better.

otokx:

40 - 50 million profit in a 200 million total contract sum is an unreasonably high profit unless of course the profit is realisable in 10 - 15 years time.

KenGali:
Am not sure of what you mean by the original value of the vehicles cause you have not provided any link or quotes.
I gave one that say $547,000.00 each. Dino Melay after his initial lies gave the price as N92 million or $575,000.00 each.
http://dailypost.com.ng/2013/10/18/this-is-naked-robbery-those-cars-cost-n96m-dino-melaye-ezekwesili-lambast-oduah/?utm_source=&utm_medium=twitter&utm_campaign=this-is-naked-robbery-those-cars-cost-n96m-dino-melaye-ezekwesili-lambast-oduah

Which other kind of soothsayer do you need to tell you someone is taking you for a ride.

sweet_gala:

Do you think we are dunces here, A reputable US company that equips bullet proof vehicles valued it at no more than 250,000 . The Cadillac beast used by Barack Obama coat just 300,000 .
And that is a car outfitted for emergency nuclear havoc, Compared to a low grade small arms and shrapnel vehicle.

manny4life:

And you think Obama's true cost of his cars is $300,000? I dey laugh you..

otokx:

40 - 50 million profit in a 200 million total contract sum is an unreasonably high profit unless of course the profit is realisable in 10 - 15 years time.

obayaya:

otoks.. that's just 20% profit!!! how is it too much?

naptu2:

And Cheney has not been prosecuted. The EFCC once issued a warrant for his arrest, but the US government leaned on the Nigerian government to quash the investigation.

http://www.alternet.org/newsandviews/article/374433/interpol_arrest_warrant_for_dick_cheney_nigeria_to_charge_former_vp_in_bribery_scandal