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P&ID Representatives Plead Guilty To Fraud, Tax Evasion - Politics (3) - Nairaland

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Re: P&ID Representatives Plead Guilty To Fraud, Tax Evasion by wirinet(m): 11:53am On Sep 19, 2019
livebyday:
No!!!

Nigeria should not go this route !!

This will only.lend more international support to PId and make Nigerian government look like bullies

Bad move in my opinion
You hate your country so much that you don't mind being destroyed along with it.

Bleep international support. Where has international suppler gotten us. It is with international support that thieving politicians steal our money and stash in foreign banks. P&ID want to use international support to scam Nigeria of $9billion.
Libya under Gaddafi thrived despite international sanctions. China shut itself from the outside world to reposition it's economy. We should learn to stop putting all our hopes on international support. It has not help us.

1 Like

Re: P&ID Representatives Plead Guilty To Fraud, Tax Evasion by SuperS1Panther: 12:02pm On Sep 19, 2019
The court should award $25bn to N8geria too. They shd nil it off and pay us the balance.

Shame to enemies Nigeria and their unpatriptic collaborators and saboteurs
Re: P&ID Representatives Plead Guilty To Fraud, Tax Evasion by Barzinime(m): 12:02pm On Sep 19, 2019
Be deceiving yourself if you think Buhari will pay undecided

Badonasty:


All these na delay tactics...Nigeria defaulted on a contract yes or no....soiling the reputation of the company doesn't change the facts and the ruling of a competent court in the United kingdom
Re: P&ID Representatives Plead Guilty To Fraud, Tax Evasion by Barzinime(m): 12:06pm On Sep 19, 2019
Wicked facts grin grin grin
Wickedfacts:


Is this the most intelligent thing you could come up with?
Re: P&ID Representatives Plead Guilty To Fraud, Tax Evasion by Wickedfacts: 12:10pm On Sep 19, 2019
Barzinime:
Wicked facts grin grin grin

I'm surprised a working brain could produce the nonsense that guy said.

Well, maybe his own isn't working.
Re: P&ID Representatives Plead Guilty To Fraud, Tax Evasion by SamNaijaboy: 12:11pm On Sep 19, 2019
By the time the government uses Danjuma’s $40m theft and this fake land purchase against them, the courts can ask them to pay $15b for defrauding the government.
It will now be a race to file in the US where Nigeria’s reserves are mainly domiciled.
Since the US court initially denied their claim, and Nigeria’s reserves in their bank matters more to them,
It will be two judgements that need to be transferred and made US law.
This case will go on for a while but I doubt if the company will get $1
And we need to deal with Mr. Belgore.
Is he Fulani? If he is, he may escape grin


Barzinime:
Be deceiving yourself if you think Buhari will pay undecided

Re: P&ID Representatives Plead Guilty To Fraud, Tax Evasion by Henadih(m): 12:15pm On Sep 19, 2019
Naijaaaaa. Settle both of them with at least $2m each out of the $9.2billion and plead guilty. then we have an evidence to counter the UK court rulling. Shikena. I Love my country. Who born Money $9 billion ko $9 billion ni
Re: P&ID Representatives Plead Guilty To Fraud, Tax Evasion by lionshare: 12:46pm On Sep 19, 2019
wirinet:

You hate your country so much that you don't mind being destroyed along with it.

Bleep international support. Where has international suppler gotten us. It is with international support that thieving politicians steal our money and stash in foreign banks. P&ID want to use international support to scam Nigeria of $9billion.
Libya under Gaddafi thrived despite international sanctions. China shut itself from the outside world to reposition it's economy. We should learn to stop putting all our hopes on international support. It has not help us.
Seems you want to drink your oil?
Re: P&ID Representatives Plead Guilty To Fraud, Tax Evasion by Barzinime(m): 1:05pm On Sep 19, 2019
Where did you hear this from?

SamNaijaboy:
By the time the government uses Danjuma’s $40m theft and this fake land purchase against them, the courts can ask them to pay $15b for defrauding the government.
It will now be a race to file in the US where Nigeria’s reserves are mainly domiciled.
Since the US court initially denied their claim, and Nigeria’s reserves in their bank matters more to them,
It will be two judgements that need to be transferred and made US law.
This case will go on for a while but I doubt if the company will get $1
And we need to deal with Mr. Belgore.
Is he Fulani? If he is, he may escape grin


Re: P&ID Representatives Plead Guilty To Fraud, Tax Evasion by livebyday(m): 1:13pm On Sep 19, 2019
Wickedfacts:


Is this the most intelligent thing you could come up with?

Don't be disrespectful

Be cautioned
Re: P&ID Representatives Plead Guilty To Fraud, Tax Evasion by renewable1(m): 1:25pm On Sep 19, 2019
It's well.

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CHECK MY SIGNATURE NOW
Re: P&ID Representatives Plead Guilty To Fraud, Tax Evasion by Olanipekun1: 2:02pm On Sep 19, 2019
[s]
SuperS1Panther:
The court should award $25bn to N8geria too. They shd nil it off and pay us the balance.

Shame to enemies Nigeria and their unpatriptic collaborators and saboteurs
[/s]
Re: P&ID Representatives Plead Guilty To Fraud, Tax Evasion by SamNaijaboy: 2:21pm On Sep 19, 2019
All you people sef that your browser only goes to NL and Insta grin

https://www.cbn.gov.ng/IntOps/ReserveMgmt.asp
Read this page in the CBN website
An excerpt:
The CBN Act of 2007 provides that the Bank shall maintain a reserve of external assets consisting of all or any of the following:

Gold coin or bullion;
Balance at banks outside Nigeria where the currency is freely convertible and in such currency, notes, coins, money at call and any bill of exchange bearing at least two valid and authorized signatures and having maturity not exceeding ninety days exclusive of days of grace;
Treasury bills having a maturity not exceeding one year issued by the government of any country outside Nigeria whose currency is freely convertible;
Securities of, or guarantees by, a government of any country outside Nigeria whose currency is freely convertible provided such securities shall mature in a period not exceeding ten years from the date of acquisition and are of such investment grade as may be determined by the Board from time to time;
Securities of, or guarantees by international financial institutions if such securities are expressed in currency freely convertible, in the form of investment grade assets as may be determined by the Board and maturity of the securities shall not exceed five years;
Nigeria’s Gold Tranche in the International Monetary Fund (IMF);
Allocation of Special Drawing Rights (SDR) made to Nigeria by the IMF;
Investment by way of loans or debenture in an investment bank or development financial institutions within or outside Nigeria for a maximum period of five years, in so far as-

One of the big banks in the US is what NNPC uses for collecting share of oil proceeds and that is what is repatriated and shared.
I know the bank, just don’t think it’s important to share as you are obviously not a player in the international oil space.

In any case, obviously that bank helps to invest and pay liabilities as required


Barzinime:
Where did you hear this from?

Re: P&ID Representatives Plead Guilty To Fraud, Tax Evasion by wirinet(m): 2:34pm On Sep 19, 2019
lionshare:
Seems you want to drink your oil?
That's the problem. As long as we are a source of primary materials for other countries, we will always be at their mercy. As long as we export raw materials which price is determined by them, and then import finished products which price is still determined by them, we will never truly be independent.
Re: P&ID Representatives Plead Guilty To Fraud, Tax Evasion by Barzinime(m): 4:13pm On Sep 19, 2019
I am not a social media freak neither am i on Insta so stop assuming.

SamNaijaboy:
All you people sef that your browser only goes to NL and Insta grin

https://www.cbn.gov.ng/IntOps/ReserveMgmt.asp
Read this page in the CBN website
An excerpt:
The CBN Act of 2007 provides that the Bank shall maintain a reserve of external assets consisting of all or any of the following:

Gold coin or bullion;
Balance at banks outside Nigeria where the currency is freely convertible and in such currency, notes, coins, money at call and any bill of exchange bearing at least two valid and authorized signatures and having maturity not exceeding ninety days exclusive of days of grace;
Treasury bills having a maturity not exceeding one year issued by the government of any country outside Nigeria whose currency is freely convertible;
Securities of, or guarantees by, a government of any country outside Nigeria whose currency is freely convertible provided such securities shall mature in a period not exceeding ten years from the date of acquisition and are of such investment grade as may be determined by the Board from time to time;
Securities of, or guarantees by international financial institutions if such securities are expressed in currency freely convertible, in the form of investment grade assets as may be determined by the Board and maturity of the securities shall not exceed five years;
Nigeria’s Gold Tranche in the International Monetary Fund (IMF);
Allocation of Special Drawing Rights (SDR) made to Nigeria by the IMF;
Investment by way of loans or debenture in an investment bank or development financial institutions within or outside Nigeria for a maximum period of five years, in so far as-

One of the big banks in the US is what NNPC uses for collecting share of oil proceeds and that is what is repatriated and shared.
I know the bank, just don’t think it’s important to share as you are obviously not a player in the international oil space.

In any case, obviously that bank helps to invest and pay liabilities as required


Re: P&ID Representatives Plead Guilty To Fraud, Tax Evasion by SamNaijaboy: 5:17pm On Sep 19, 2019
No offense meant....

Barzinime:
I am not a social media freak neither am i on Insta so stop assuming.

Re: P&ID Representatives Plead Guilty To Fraud, Tax Evasion by seanfer(m): 6:57pm On Sep 19, 2019
livebyday:
No!!!

Nigeria should not go this route !!

This will only.lend more international support to PId and make Nigerian government look like bullies

Bad move in my opinion

Tax Evasion is a Serious offense in those countries that you said will support PID.
Re: P&ID Representatives Plead Guilty To Fraud, Tax Evasion by Nobody: 7:07pm On Sep 19, 2019
Funny story, so an illegal company is legal enough to pay tax Funny if it is true.
Re: P&ID Representatives Plead Guilty To Fraud, Tax Evasion by MondayOsunbor(m): 7:32pm On Sep 19, 2019
QuotaSystem:
This is a tip of the iceberg, the investigators should dig deeper into the books of P & ID and their promoters, they're sure to find more worms.

Let's gather more muck to throw at their case. Remove the table below their feet.

Nigeria is winning this.

Una think say na Nigeria be that abi Nigeria case go soon be like gtb and innoson
Re: P&ID Representatives Plead Guilty To Fraud, Tax Evasion by Barzinime(m): 8:02am On Sep 20, 2019
None taken
SamNaijaboy:
No offense meant....

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