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Paul Ogwuma And Wife Buy N15.6bn Property In UK - Politics - Nairaland

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Paul Ogwuma And Wife Buy N15.6bn Property In UK by ijustdey: 9:46pm On Mar 07, 2019
Paul Ogwuma, former governor of the Central Bank of Nigeria (CBN) and his wife have acquired property worth £33 million (N15.6 billion), a UK investigative journalism magazine has revealed.

According to the magazine, Private Eye, Ogwuma, who served as CBN governor for six years has “amassed a £33m British property empire”.

In its report titled “Abuja on Thames” the paper said it “has identified a network of 15 British companies owned or controlled by Anna Ogwuma,” wife of the governor, adding that her husband “looted his country under 1990s military dictatorship”.

“Paul Ogwuma, 86, was governor of the Central Bank of Nigeria during the brutal and kleptocratic rule of General Sani Abacha, when the bank was the latter’s personal piggy-bank. Some estimates suggest looting under Abacha ran to billions of dollars,” the report read.

“Under his successor for one year, retired general Abdulsalami Abubakar, Ogwuma oversaw a depletion in Nigeria’s foreign currency reserves of around $3bn, or 40%”.

“Between 2002 and 2017, her companies were used for 20 separate property purchases. They ranged from commercial sites in the north of England to luxury apartments in west London.

“Among them are townhouses in Kensington and Paddington, a couple of apartments in Mayfair, and premises in Bishop’s Stortford town centre that currently house a branch of Greggs.”

The report added that “although the Abacha era and its excesses are receding into history, banks that were often complicit at the time might be expected to know some of this history.

“Yet Mrs Ogwuma’s most valuable properties were either bought or remortgaged with loans from Barclays Bank (which handled $170m of Abacha’s ill-gotten wealth) and Lloyds Bank in the years after 2015.

“While times have moved on, so has the law on money laundering, and Mrs Ogwuma’s lavish property buying should have prompted questions about the origin of her money. The looting of Africa has a long legacy on the streets of Britain”.

Ogwuma served as the managing director/CEO of Union Bank of Nigeria prior to his appointment as the Governor of Central Bank of Nigeria in September, 1993.


https://www.thecable.ng/report-former-cbn-govenor-wife-buy-n15-6bn-property-in-uk

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Re: Paul Ogwuma And Wife Buy N15.6bn Property In UK by delugajackson: 9:57pm On Mar 07, 2019
He worked hand-in-hand with Abacha to siphon billions of dollars into offshore accounts.

The same Abacha that Buhari defended and swore that he never stole. Only for him to recover and re-loot the same looted money years after. Mr. Integrity my foot.

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Re: Paul Ogwuma And Wife Buy N15.6bn Property In UK by JasonScoolari: 10:00pm On Mar 07, 2019
grin We have some silent thieves from this country.

Deziani Madueke dey learn. grin

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Re: Paul Ogwuma And Wife Buy N15.6bn Property In UK by donbachi(m): 10:06pm On Mar 07, 2019
Na buckingham palace dem buy?

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Re: Paul Ogwuma And Wife Buy N15.6bn Property In UK by amaniro: 10:12pm On Mar 07, 2019
I actually know this man. He's from Abia state,Ngwa to be precise. His brother is in Umuahia now leaving like a peasant while his wife is buying a house of 15.6.What a life.



Ngwa man. Go and take care of your brother in Umuahia. You think I don't know how ill your brother is. This man wicked ooh.

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Re: Paul Ogwuma And Wife Buy N15.6bn Property In UK by femtex007(m): 10:13pm On Mar 07, 2019
Den don start

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Re: Paul Ogwuma And Wife Buy N15.6bn Property In UK by Sweetcollins: 10:13pm On Mar 07, 2019
Wetin u call her?


RUSSIAN PRESIDENT, Vladimir Putin Says: Africa Is A Cemetery For Africans
"When an African becomes rich, his bank accounts are in Switzerland. He travels to France for Medical treatment.
He invests in Germany. He buys from Dubai. He consumes Chinese. He prays in Rome or Mecca. His children study in Europe. He travels to Canada, USA, Europe for tourism.
If he die, he will be buried in his native country of Africa.
Africa is just a cemetery for Africans. How could a cemetery be developed?"
~Putin Asks!

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Re: Paul Ogwuma And Wife Buy N15.6bn Property In UK by Nobody: 10:13pm On Mar 07, 2019
But how do this guys move this amount of money out of the coffers of the cbn. Nigeria is so Rich but because we have been cursed with wicked and evil leaders we would always crawl in the community of nations. Dear God in my next life instead of me been a Nigerian make me a lion in the jungle

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Re: Paul Ogwuma And Wife Buy N15.6bn Property In UK by ictjobber: 10:13pm On Mar 07, 2019
....
Until Nigeria starts executing people who steal while in Public office (like dey do in china), the country will never get better..


I build websites and I'm based in Abuja, See my signature /profile

36 Likes 3 Shares

Re: Paul Ogwuma And Wife Buy N15.6bn Property In UK by dokyOloye: 10:14pm On Mar 07, 2019
JasonScoolari:
grin We have some silent thieves from this country.

Deziani Madueke dey learn. grin
silent thieves like the current gov of Kebbi state,Atiku Bagudu.

If in doubt,Google his name + Abacha

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Re: Paul Ogwuma And Wife Buy N15.6bn Property In UK by chloride6: 10:14pm On Mar 07, 2019
Well...

Might not be corruption..

The contacts that guy has is insane

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Re: Paul Ogwuma And Wife Buy N15.6bn Property In UK by KOLLYPROF(m): 10:14pm On Mar 07, 2019
The biggest threat to the development of this country was corruption and bad leaders

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Re: Paul Ogwuma And Wife Buy N15.6bn Property In UK by albaniy1: 10:14pm On Mar 07, 2019
IBRAHIM MAGU OVER 2 U

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Re: Paul Ogwuma And Wife Buy N15.6bn Property In UK by Lexusgs430: 10:14pm On Mar 07, 2019
What more can we say...........

1 Like

Re: Paul Ogwuma And Wife Buy N15.6bn Property In UK by Husbandofigbos: 10:14pm On Mar 07, 2019
amaniro:
Oguwuma. You think say I no know youtongue

Paul Ogwuma is your Ngwa brother from Abia State.

The same Abia State where their Governor is spraying kerosene on them like cockroaches.

Let me here any Ipob pig come and talk nonsense here again.

15 Likes 1 Share

Re: Paul Ogwuma And Wife Buy N15.6bn Property In UK by franchasng: 10:14pm On Mar 07, 2019
"Abacha is not corrupt" ~ Gen. Muhammadu Buhari

"Abacha did not steal Nigeria's money" ~ Gen. Muhammadu Buhari


"We have recovered €300million Euros of Abacha's loot from Switzerland and we have used it to pay millions of poor Nigerians as part of our campaign promise" ~ President Muhammadu Buhari through VP Professor Osinbajo


Who is fooling who undecided

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Re: Paul Ogwuma And Wife Buy N15.6bn Property In UK by mildflame: 10:15pm On Mar 07, 2019
EFCC Interpol over to you

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Re: Paul Ogwuma And Wife Buy N15.6bn Property In UK by 1000angstroms(m): 10:15pm On Mar 07, 2019
Ndi a ebego anyi isi finally

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Re: Paul Ogwuma And Wife Buy N15.6bn Property In UK by faithfull18(f): 10:15pm On Mar 07, 2019
Hmmn.

1 Like

Re: Paul Ogwuma And Wife Buy N15.6bn Property In UK by Hycon(m): 10:15pm On Mar 07, 2019
They can easily get away since they are in the UK

If you know you know

Madueke knows better

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Re: Paul Ogwuma And Wife Buy N15.6bn Property In UK by grandstar(m): 10:15pm On Mar 07, 2019
The country is truly fantastically corrupt!

By the way, I thought he went blind! Apparently not.

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Re: Paul Ogwuma And Wife Buy N15.6bn Property In UK by NextGovernor(m): 10:15pm On Mar 07, 2019
The man Mr. Integrity said he was not corrupt and all this went thru his noise

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Re: Paul Ogwuma And Wife Buy N15.6bn Property In UK by Fkforyou(m): 10:16pm On Mar 07, 2019
Rich bastards... angry I hate them... undecided but I really want to be one of them.. undecided

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Re: Paul Ogwuma And Wife Buy N15.6bn Property In UK by Emu4life: 10:16pm On Mar 07, 2019
IPOB should come and defend as usual.

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Re: Paul Ogwuma And Wife Buy N15.6bn Property In UK by fasho01(m): 10:16pm On Mar 07, 2019
Greedy sets of kleptomaniacs
Re: Paul Ogwuma And Wife Buy N15.6bn Property In UK by kolafolabi(m): 10:16pm On Mar 07, 2019
This is one of the reasons Nigeria is not progressing and it's worrisome and so unfortunate. Corruption is a disease every citizen needs to tackle.

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Re: Paul Ogwuma And Wife Buy N15.6bn Property In UK by YorubaMyKids: 10:16pm On Mar 07, 2019
Afonjas why??

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Re: Paul Ogwuma And Wife Buy N15.6bn Property In UK by Groovenaija360(m): 10:17pm On Mar 07, 2019
She must be a yoruba woman tongue

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Re: Paul Ogwuma And Wife Buy N15.6bn Property In UK by RipMorosini: 10:17pm On Mar 07, 2019
I'll find this woman and I will put a bullet through her skull. embarassed
Re: Paul Ogwuma And Wife Buy N15.6bn Property In UK by Dadaboddo: 10:17pm On Mar 07, 2019
capital punishment should be given to looters. it's also crime against humanity

1 Like

Re: Paul Ogwuma And Wife Buy N15.6bn Property In UK by Nobody: 10:18pm On Mar 07, 2019
Nigeria is a proud home of thieves so I'm not surprised one bit.
But as a matter of fact, his earnings as CBN Governor and other engagements should be checked. If he hasn't earned as much as his expenditures, he should be made to face the music.
Re: Paul Ogwuma And Wife Buy N15.6bn Property In UK by hightempo(m): 10:18pm On Mar 07, 2019
Corruption has thwarted the growth of this country very long time ago

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