I am 100000% sure most people did not bother reading the damn article before commenting. Moderator please close this thread or force the poster to change the topic. I read it all through and no where does it say anything about Tinubu owing the damn company.

dipo1234:
BOMBSHELL !!!!

UNCONFIRMED INFORMATION REACHING US IS THAT TINUBU IS THE OWNER OF ACT TECHNOLOGIES.

Revealed: How INEC Paid ACT.Technologies N2.6bn for Production of PVCs
Payments made through JAIZ Bank, FCMB
As the controversy continues to trail the production and supply of the permanent voters’ cards (PVCs) for the elections, it has emerged that a Nigerian company, ACT.Technologies Limited, was awarded a N2.6 billion contract by the Independent National Electoral Commission (INEC) to produce the PVCs, which was in turn sub-contracted to a Chinese firm.

This is coming as the Chairman of the commission, Prof. Attahiru Jega, on Thursday decried the antics of politicians ahead of the elections, noting that their actions were becoming a threat to the conduct of peaceful polls.

Based on the electronic payments exclusively obtained from INEC by THISDAY, the transfers showed that over N2.6 billion was paid to the Nigerian company for the production and supply of over 68.8 million PVCs within a period of seven months.

It was further gathered that the PVCs were expected to be produced at a unit cost of N65.

THISDAY gathered that the electronic payment mandate for the production of the PVCs was routed through two banks, an Islamic Bank – JAIZ Bank – and the First City Monument Bank (FCMB) Limited between 2013 and 2014, which showed that ACT.Technologies charged with the production of the PVCs had been fully paid, but is yet to supply all the PVCs for the elections.

A breakdown of the payment mandate showed that INEC on February 14, 2013 paid the sum of N489,937,500 to ACT.Technologies, being part payment for the production of the PVCs. The money was paid through JAIZ Bank.

Another transfer of N585 million was made on July 16, 2013 to the company via FCMB; on June 11, 2013, N293,962,500 was effected through JAIZ Bank; while on August 13, 2013, INEC paid N130 million.

In addition, N234 million was paid to ACT.Technologies for the supply of 40 million PVCs through JAIZ Bank on January 24, 2014, while the last transfer of N590,871,418 was made on February 19, 2014.

All the electronic payment mandates were signed by the Secretary of INEC, Augusta Ogakwu; Director of Finance, Hajiya Salamatu Ibrahim; and Director of Budget, T.W. Afannga.

According to an INEC source, despite the full payment for the contract, a batch of PVCs were yet to be produced.

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and .

“All these issues are raised with the best intentions to give INEC all the support to conduct credible elections.”

Only dumb-heads like you will believe this rubbish..

With the way it's going, wont be surprised if I read somewhere that Tinubu owns Aso rock

Why would you be surprised?

Tinubu owns Marina,he owns Airport,owns Seaport even owns Aso villa paaapa.

Nothing we no hear. Anyways SAI BABA.

So let me get this straight...

Jega's INEC banks with the controversial Jaiyiz Islamic Bank which we all know was a conduit by Sanusi in channeling money to both the APC and Boko Haram.

Jega also decided to award the sensitive contract of producing INEC voters card to a company linked to a senior stalwart of the opposition party. The same voters cards that were distributed unevenly across the polity by the same INEC!

Jega is a BOKO!

CecyAdrian:
With the way it's going, wont be surprised if I read somewhere that Tinubu owns Aso rock

sherrylo:
Tinubu owns Marina,he owns Airport,owns Seaport even owns Aso villa paaapa.
Nothing we no hear. Anyways SAI BABA.

Tinubu owns you since he has already programmed you to think sheepishly like the way he wants.

Dunce!