How does these people sleep at night?

realestniggah:
At this stage if we check a typical Nigeria DNA we are going to find corruption and fraud embedded in it

Speak for yourself

Who are they arresting for the $460million CCTV contract scam in Abuja.

Samsung Galaxy S7 for sale 20k. Blank screen. Dm

PotatoSalad:
How does these people sleep at night?

Naked rolling in fraud money.

Azmanaty:
I am tired of reading bad and shameful news here in this forum.

The mods should just pretend for a day and not send any of those kind of topics to the front page. If they do it, they don't die. Kai!

No way!

Nigerian news, not music or movies, is a true reflection of who we are.

News must be allowed to flow uninterrupted.

Let's not pretend, Nigeria has many criminals

Almost every street in Southern Nigeria has a Yahoo-yahoo guy

crime no dey pay

Very true. I was scammed of 1.6 million in 2016. If I hear cashew nuts see as I dey japa these days.

voltron14:
When it comes to procuring produce I cannot say if these guys aren't victims themselves.

We need more information.

Alimani:
A Federal High Court in Lagos on Monday remanded a Nigerian Olakunle Bello Shola and a dual Indian-Canadian citizen, Santosh Singh, following their arraignment for alleged N100,075,000 fraud.

Justice Oluremi Oguntoyinbo made the order after Lakunle 31 and Santosh 43, pleaded not guilty to a one-count charge of obtaining by false pretence, preferred against them by the Police Special Fraud Unit (PSFU) Ikoyi, Lagos.

She remanded the defendants in the Nigerian Correctional Services custody for ruling on their bail applications on November 4.

The prosecutor, Mr. Sylvester Azuibuike, alleged that the defendants and one Vivek Bansal, now at large, with intent to defraud, obtained N100,075 million from a bank, through their company, Continental Logistics Ltd.

They deceived the bank that the money would be used to procure 240 metric tonnes of Sesame seed and 44.9 metric tonnes of cashew nuts, which were to be stored at a warehouse in Kano State.

The court heard that the defendants allegedly falsely told the bank the deal would be a tripartite agreement involving Continental Logistics Ltd, Thramaseed Inpex Ltd and the bank.

The offence, according to the prosecutor, contravened Section 1(2) of the Advanced Fee Fraud and other related Offences Act, 2006 and was punishable under Section 1(3) of the same Act.

Following the defendants’ plea of not guilty, the prosecutor applied for a trial date, while also praying the court to remand the defendants till the determination of the charge against them.

But the defence team led by Mr Olalekan Ojo (SAN) opposed him.

Ojo told the judge that the defendants had filed bail applications and same had been served on the prosecution.

He prayed the court to hear their applications and admit the defendants to bail “in the most liberal terms.”

Justice Oguntoyinbo granted him leave to move the applications, but reserved ruling till November 4.

She fixed December 11, for commencement of trial.

Source;
https://thenationonlineng.net/nigerian-canadian-remanded-for-n100m-fraud/

Thievery is the bane of Nigeria 's everyday life.

Indians, Lebanese have had their own share of this thievery right here in Nigeria.

As Nigerians use them to perpetuate fraud.

Omen the rate at which Efcc is taking down big fishes no be here o.

When tonto first hear olakunle

[s]

helinues:
IMF. .. Are you guys learning?

[/s]
trash

[s]

helinues:
Ok

[/s]
trash trash trash

Azmanaty:
I am tired of reading bad and shameful news here in this forum.

The mods should just pretend for a day and not send any of those kind of topics to the front page. If they do it, they don't die. Kai!

dem no get sense na. They think it's only Nigerians that visit here.

WHERE ARE THE NAME CHECKERS, WE ALL KNOW NOW WHO THE REAL THIEVES ARE WHO GO ABOUT GIVING THE COUNTRY A BAD NAME BUT PREFER TO SPOIL THE NAMES OF OTHERS...

The "Sh" in the Shola sounds like Chi,as in Chibuzor,Chiamaka,Chinyenre,Chinedu....
We should be as meticulous as possible in naming our children; there's power in a name.

Azmanaty:
I am tired of reading bad and shameful news here in this forum.

The mods should just pretend for a day and not send any of those kind of topics to the front page. If they do it, they don't die. Kai!

There's no news without a bad bad news, if its not bad, then it ain't news

These people and crime sef.. But na them dey form holy pass. Useless people

blowjohn:


Not mine!

Me neither.... But then, he said "typical Nigerian"!

He is not wrong!.. It's extremely hard for me to trust my fellow Nigerians, including family.

Angelfrost:


Me neither.... But then, he said "typical Nigerian"!

He is not wrong!.. It's extremely hard for me to trust my fellow Nigerians, including family.

Including family?
I trust my mum and dad and siblings o.

Azmanaty:
I am tired of reading bad and shameful news here in this forum.

The mods should just pretend for a day and not send any of those kind of topics to the front page. If they do it, they don't die. Kai!

Maybe u should pretend for a day Nairaland doesn’t exist. You won’t die. Some people like to hear ALL the news all the time, good or bad

This people and crime, ehn.

These company scam us when we supply cashew nut to them last year..... Even them no fear police.... There lawyer is also one of there board member.....

You see life now

Azmanaty:
I am tired of reading bad and shameful news here in this forum.

The mods should just pretend for a day and not send any of those kind of topics to the front page. If they do it, they don't die. Kai!

Nairaland traffic is built on bad news, trabalism, hatred and religious bashing...

So if they stop, you are indirectly asking the forum to die a natural death.

thelastorca:


i am more inclined to think someone in the bank was in on it.

Not really.

Nigerian banks suffer from the typical inferiority complex.

they believe foreigners (Indian, lebanese or any non-african) are better at business than Nigerians. The result is easier access to funds and less stringent due diligence. many Nigerian entrepreneurs hire foreigners as CFOs for this particular reason. If you are bidding for a contract, go with a token white/Indian and see you getting the contract for higher price.

einsteine:


Not really.

Nigerian banks suffer from the typical inferiority complex.

they believe foreigners (Indian, lebanese or any non-african) are better at business than Nigerians. The result is easier access to funds and less stringent due diligence. many Nigerian entrepreneurs hire foreigners as CFOs for this particular reason. If you are bidding for a contract, go with a token white/Indian and see you getting the contract for higher price.

Nigerians do not hire foreigners as CFOs because of inferiority complex. It is because most foreigners will limit their corruption/stealing. You expect some chop some kickback. But Your average Nigerian does not care if he loots the company into oblivion.

As to Nigerians being more inclined to lend to foreigners, the only foreign run company i can readily remember on amcon is big treat. The rest are Nigerians.

Hmm

Oh

Alimani:
A Federal High Court in Lagos on Monday remanded a Nigerian Olakunle Bello Shola and a dual Indian-Canadian citizen, Santosh Singh, following their arraignment for alleged N100,075,000 fraud.

Justice Oluremi Oguntoyinbo made the order after Lakunle 31 and Santosh 43, pleaded not guilty to a one-count charge of obtaining by false pretence, preferred against them by the Police Special Fraud Unit (PSFU) Ikoyi, Lagos.

She remanded the defendants in the Nigerian Correctional Services custody for ruling on their bail applications on November 4.

The prosecutor, Mr. Sylvester Azuibuike, alleged that the defendants and one Vivek Bansal, now at large, with intent to defraud, obtained N100,075 million from a bank, through their company, Continental Logistics Ltd.

They deceived the bank that the money would be used to procure 240 metric tonnes of Sesame seed and 44.9 metric tonnes of cashew nuts, which were to be stored at a warehouse in Kano State.

The court heard that the defendants allegedly falsely told the bank the deal would be a tripartite agreement involving Continental Logistics Ltd, Thramaseed Inpex Ltd and the bank.

The offence, according to the prosecutor, contravened Section 1(2) of the Advanced Fee Fraud and other related Offences Act, 2006 and was punishable under Section 1(3) of the same Act.

Following the defendants’ plea of not guilty, the prosecutor applied for a trial date, while also praying the court to remand the defendants till the determination of the charge against them.

But the defence team led by Mr Olalekan Ojo (SAN) opposed him.

Ojo told the judge that the defendants had filed bail applications and same had been served on the prosecution.

He prayed the court to hear their applications and admit the defendants to bail “in the most liberal terms.”

Justice Oguntoyinbo granted him leave to move the applications, but reserved ruling till November 4.

She fixed December 11, for commencement of trial.

Source;
https://thenationonlineng.net/nigerian-canadian-remanded-for-n100m-fraud/

This man almost sent me and my team to jail with his criminal attitude.. He collected cashew nut , said he was going to pay back in 7 days, and he fled to Canada... Thank God we advised the owner against leaving the produce with him but she refused saying she trusted d owner of the warehouse, not knowing the criminal has his own plan....may he rot in jail... Made me almost bankrupt!!


Indians are wicked... Kindly beware of doing business with them ..they are criminals