vicadex07:
if it was efcc now, some flat-headed peeps would have been shouting witch hunting and marginalization.

Anything fraudulent is business as usual to them.

They won't see this one now and say USA is doing media trial o... bigots

https://www.youtube.com/watch?v=--x5GQNbWH8

ddippset:
an investigation is being undertaken by THE US JUSTICE DEPARTMENT and you are calling apc?? why are you so useless? why?

God punish you there ! is Apc not nigeria govt at the central.


calling a spade, a towel

Hypocrisy

vicadex07:
if it was efcc now, some flat-headed peeps would have been shouting witch hunting and marginalization.

Anything fraudulent is business as usual to them.

They won't see this one now and say USA is doing media trial o... bigots

Presently US is part of APC to them.

This is unprecedented

I pray let the next party and government probes this current government officials I. Petroleum industries.




Mamman Daura is heading petroleum industry, he is distracting gullible APC electorates. The next government and ruling party should probes this government officials activities( corruptions).

I pray let the next party and government probes this current government officials I. Petroleum industries.




Mamman Daura is heading petroleum industry, he is distracting gulli

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ble APC electorates. The next government and ruling party should probes this government officials activities( corruptions).

bkool7:


Please, dont put words into our mouths

The title said , the company was named, it didnt say it committed any crime

Sir he needs to put words in our mouth. In as much as you are one of the people who understood what he read, the comments of a good number of people shows otherwise.
And this particular introduction"Court documents filed in Houston by the US Justice
Department in the assets forfeiture proceedings filed
against Mrs. Diezani Alison-Madueke and Messrs.Kola
Aluko and Jide Omokore have revealed the third man in the
$1.7billion swindle of Nigeria" is misleading one.

There is nothing like "sin" in the Nigerian constitution or English common law, what we have are offenses/crimes/torts. Go to a Church/Mosque/Synagogue if you are looking for sins.

Turbocharged:

From that article, can you tell us what their sin is?

Wow

modelmike7:

They are trying to take back some part of the money the corrupt politicians stole, and this is all you can say?
Why are some people so brain-dead as this?!

You don't need to insult someone when making your point.

ddippset:
an investigation is being undertaken by THE US JUSTICE DEPARTMENT and you are calling apc?? why are you so useless? why?

You need not to insult someone when making your point.

serverconnect:
APC trying to divert our attention. Chai I just weak for this country. What will the masses benefit with all this news.

seriously?

Chai see money. This na the real wire wire.

Diezani has raped this country to the core ...

This is the same man that invested his time in trying to get business activities with Arsenal. How shocking.

serverconnect:
APC trying to divert our attention. Chai I just weak for this country. What will the masses benefit with all this news.

Can you see one of the exact reasons why many Nigerians are backward? This is supposed to be a God created human being o......

pafra:
Nothing will happen to her in Nigeria.

This case will lack evidence.

Trust Nigerian judiciary the case will be thrown out for lack of merit.

She will be discharge and acquitted.

The reason will be efcc lawyers didn't present the case well or efcc don't have quality lawyer's.

If saraki can be free she can also be free

....wait e nefa finish.....let me add my own bit....


Mike Ozekhome will be the lawyer of the looters and will be celebrating how he "defeated" EFCC on twitter and pages of newspaper

Oxenomy:
The thing is that all Nigerian billionaires acquired their wealth through this system, that is directly or indirectly from our collective wealth.. But anyway, it's none of my business because after everything, they will still keep a larger chunk of the money. It's the little ones they deliberately revealed that the government will recover..

Somebody steals your wealth (as you rightly stated) and you say it's none of your business? Pls ask the next person near you to Wozz you some dirty slaps

kenex4ever:
Y is it dat SW people are always involved in all d loots?

Alison should b jailed if all these are true.

Is it any concern to you where a looter comes from? All looters should face the law......and pls always be sincere with yourself. What do you mean "if all these are true"....or did anybody help Diezani tape conversations with Kola Aluko where many of these revelations were shelled out?

PapaBrowne:
If you read this article properly, especially if you are into business and get to do transfers regularly, you would find nothing incriminating there.

I have read it over and over to see where there was a crime but couldn't find any.

So AEB got a license to lift rude for sale overseas. They find a competent company, Televeras that has the networks and the logistics capacity to execute the trade. They enter a price sharing agreement with Televeras paying a percentage of its trade to AEBD.

Apparently, that's what the transfers must have been about. Televeras paying off its commitment to the owner of the license. Where is the crime?

If the crime is in Deizani getting kickbaks from the trade off, then that is definitely corrupt practice. But this article didn't in anyway indicate that Televeras transferred money to DEIZANI.

This is mere sensational reporting. Televeras has not been shown to commit any rime.

Bros ,

Stop displaying ignorance that makes you look more ignorant
1. The whole charade was fraudulent from the get-to-go. While these happened under our nose, those of us in the Oil and Gas industry called it Ponzi scheme. Kola Aluko and Omokore had no business in Oil and Gas buiness in the first place, the law was breached and subverted for the fraud to sail through. You wonder why Diezani said in her taped conversation (which FBI intercepted) that "they stuck out their necks for the duo....."

2. As for Igho, the rule of thumb in Oil trade, if you cannot establish the "cleanliness", "history" or "genuiness" of a cargo you're moving, then you are open to international investigators to take you to the cleaners. You think people will just move cargo and fiunds for faceless people (Black market , terrorists, drug lords etc)

abashi47:
all d monies they've collected what v they done with it?
have d government given account of what they use d looted funds for

even d Paris Club refund,I know the FG refunded that because the Switzerland bank insisted on it..n even made a written agreement with consequences...

If you put your hears to the ground" you will hear.......stop going off tangent

1. Recovered loot cannot be spent outright. There is a process. The executive has to go back to the Senate to seek approval on such spending. That is why as recorded in the 2017 budget, the recovered loot is

2. Paris Club refund guarantee can is only logical as previous govt, especially GEJ, under whose watch this WICKED Diezani-Aluko-Omokore-Igho ponzi scheme happened, demonstrated such irresponsibility.

tydi:


God punish you there ! is Apc not nigeria govt at the central.


calling a spade, a towel

Hypocrisy

see this one o! what cave did you jump out from? the dude said apc was using the case to distract nigerians but it's a case being pursued by the american government. so do i have to pay you to use your brain?

majekdom2:
All men.... where is the women empowerment?

Isn't it a woman empowering them.


I smell sarcasm.

...let them reveal other looters,we already know this woman.

mapet:


Bros ,

Stop displaying ignorance that makes you look more ignorant
1. The whole charade was fraudulent from the get-to-go. While these happened under our nose, those of us in the Oil and Gas industry called it Ponzi scheme. Kola Aluko and Omokore had no business in Oil and Gas buiness in the first place, the law was breached and subverted for the fraud to sail through. You wonder why Diezani said in her taped conversation (which FBI intercepted) that "they stuck out their necks for the duo....."

2. As for Igho, the rule of thumb in Oil trade, if you cannot establish the "cleanliness", "history" or "genuiness" of a cargo you're moving, then you are open to international investigators to take you to the cleaners. You think people will just move cargo and fiunds for faceless people (Black market , terrorists, drug lords etc)

Ok! Like seriously, How better do you define Cleaniness, History or Genuineness" of a cargo?? A proposal is presented to you with the full backing of the Nigerian Government and and as a business man, you'll do your due diligence and take the charge!! Please explain to me when Igho was appointed EFCC chairman to start investigating a sitting minister before he accepts a job offer.

While I wouldn't hold brief for Kola Aluko and Jide, since when did they become faceless??

FYI, based on your theory, every oil trade emanating from Nigeria for the last 30 years till this very second would fail the "cleanliness, history or genuineness test"! And same for more than 50% of all the oil trade in the world!!

bkool7:



You need to emancipate yourself from pdp slavery

This is not about political party rivalry ,its about a corrupt criminal that we dont have the politucal will to prosecute, obviously because of gillible people like you , being prosecuted by the U S govt

I am nobody slave please.

PapaBrowne:


Ok! Like seriously, How better do you define Cleaniness, History or Genuineness" of a cargo?? A proposal is presented to you with the full backing of the Nigerian Government and and as a business man, you'll do your due diligence and take the charge!! Please explain to me when Igho was appointed EFCC chairman to start investigating a sitting minister before he accepts a job offer.

While I wouldn't hold brief for Kola Aluko and Jide, since when did they become faceless??

FYI, based on your theory, every oil trade emanating from Nigeria for the last 30 years till this very second would fail the "cleanliness, history or genuineness test"! And same for more than 50% of all the oil trade in the world!!

If indeed these were genuine deals it will not be investigated these are not the only oil deals done in this country during the said period bt when u see signs of shady business deals u know especially wen the jobs are not done and bribes are given. Diezani's questionable reputation in the last govt sofar isn't helping either.

ddippset:
see this one o! what cave did you jump out from? the dude said apc was using the case to distract nigerians but it's a case being pursued by the american government. so do i have to pay you to use your brain?

APC govt is useless.

If a man is to die by hanging for stealing N3,420 through robbing (https://www.nairaland.com/3935236/osun-court-sentences-man-death), what kind of DEATH then is DEZIANI worth for the billion of dollars she stole by FRAUD.

Diarissssss God oooooooo

Aburi001:
If Jonathan/PDP had won the last Presidential Election, Alison Madueke would have been richer than Lagos State by now

The house (below) just seized from her is a peanut.......... The woman no try at all.

atorioke:
Court documents filed in Houston by the US Justice Department in the assets forfeiture proceedings filed against Mrs. Diezani Alison-Madueke and Messrs.Kola Aluko and Jide Omokore have revealed the third man in the $1.7billion swindle of Nigeria.

He is Igho Sanomi, one of Nigeria’s young billionaires, who owns the Taleveras Oil Group.

Taleveras, along with oil traders Arcadia and Glencore, were found to have paid $1.2 billion into Kola Aluko’s account in Switzerland . This money was used to fund Mrs Diezani Alison-Madueke’s luxury lifestyle.



Deziani, as oil minister between 2010 and 2015, used her influence to facilitate inappropriate business opportunities for Aluko and Omokore by assigning to their companies, Atlantic Energy Drilling Concepts (AEDC) Limited and Atlantic Energy Brass Development (AEBD) Limited, eight oil mining leases (OMLs).



The OMLs were assigned under Strategic Alliance Agreements (SAAs) with the Nigerian Petroleum Development Company (NPDC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC). Despite lacking the technical expertise and financial capacity to operate the OMLs, as noted in a February 2014 report of the Governor of the Central Bank of Nigeria, Mrs. Alison-Madueke greenlighted the process for her cronies.



What followed, said US prosecutors, was the sale by AEDC and AEBD of the oil-lifting allocations they were assigned under the Forcados and Brass SAAs to third-party oil trading companies. They made tonnes of money, by not fulfilling the obligations stated in the agreements, using some of it to bribe Mrs. Alison-Madueke.



Court papers show that Taleveras Group, one of the third-party oil trading companies, paid copious sums into Mr. Aluko’s personal accounts.


The stream of payments, prosecutors observed, began shortly after the award of the Forcados SAAs. Over a period of six months, Mr. Aluko received the sum of $15million in his personal account domiciled at LGT Bank (Schweiz) AG in Switzerland (the “LGT -090038 Account”), from which various purchases for Mrs. Alison-Madueke were funded. The money came from Taleveras Group and its affiliates, including Taleveras Trading Limited and and Taleveras Petroleum Trading BV.


On July 12, 2011, prosecutors found that the sum of $1.5million was wired from Taleveras to Mr. Aluko’s account. Two days later, the sum of $1million also arrived the account from RFB Lengard JVA in which Mr. Igho Sanomi, founder and chairman of Taleveras, owns 30 per cent stake. Another $1million arrived on July 20, 2011, from Taleveras Trading Limited. This was followed on 15 August 2011 by $1million wired by Taleveras to Mr. Aluko’s account in Switzerland as payment for a Joint Venture contract with RFB Lengard. The same day, he received $650,000 from the same source.



On September 12, 2011, Taleveras Trading Limited paid $1million and $1.6million four days later. On 5 October of the same year, Mr. Aluko’s account was credited with $1.5million by Taleveras Petroleum Trading BV and $500,000 six days later. The next lashing of cash arrived on 14 November 2011, when his account received $2million wired by Taleveras Group. On January 3 and 10 2012, $600,000 and $1million respectively were paid by Taleveras Petroleum Trading BV.



Prosecutors reckoned that the payments were made to Mr. Aluko in return for assigning the AEDC’s rights to Taleveras and RFB Lengard to lift oil under the corruptly acquired SAAs.



They discovered that each of the transactions was subsequently transferred into and out of correspondent bank accounts at a financial institution, which processes its U.S. dollar wire transactions through Newark, New Jersey.



According to prosecutors, AEDC entered into an agreement with the Arcadia Group and its subsidiaries, from which AEDC purportedly took loans. In return, Arcadia was repaid with assignments of AEDC’s crude oil liftings under the dodgy SAAs. The company describes itself as a “global commodity trading firm covering oil, agricultural, gas and power markets”.



“In particular, two months after the last payment from Taleveras, Arcadia Energy (Suisse) SA and Arcadia Petroleum Limited began making payments to an account held in the name of AEH at LGT Bank (Schweiz) AG ending in -108031 (the LGT -108031 Account),” said prosecutors.



On April 18, 2012, Arcadia paid $10million into the above stated account. On May 14 of the same year, it paid $1.3million and on July 23,



$2.4million. On July 24, 2012, the company paid $1.3million into the same account. Less than a month later, it paid $2.9million into the same account and followed it up with a whopping $25million September 17, 2012.



The next day, it paid $2.091million into the same account. This preceded a hefty transfer of $23.4million on January 8, 2013. A couple of days later, Arcadia paid $1.6million and on February 4, 2013, wired $2million to the account. This was followed by the payment of $1.1million, $6million and $1.7million respectively.



The stunt continued with payments to a company, Glencore, by AEBD, which sold to Glencore over 7million barrels of crude oil acquired through the Brass SAA. Glencore’s payments for these allotments, said prosecutors, were made to an account in the name of AEBD ending in 184001 at Deutsche Bank (Suisse) SA and an account ending in -630350 in the name of AEBD at Standard Chartered Bank, London. They were also made into accounts in the name of AEBD ending in 677644 at Standard Chartered Bank, London; and 9941 at Stanbic IBTC, Nigeria.



Glencore, for example, paid $83.6million to AEBD on April 5, 2013; $80.5million, $79.4million on July 4, $19.8million July 17, $19.5million on July 19 and $83.4million on July 21.


Source NAN

http://www.eyereport.com.ng/igho-sanomi-named-in-1-7bn-fraud/

one out of the millions of the accidental billionaires produced by GEJ, no wonder we are in a recession.

tydi:



APC govt is useless.

yes but apc does not have to be useful before you use your brain.

Let them go to court.