kettykin:
,
This should have been the best option , but is the attack on Onyema or the Air Peace which by every indication has rattled the international Aviation industry with its rapid unhindered expansion. They Attack appear as an attempt to stop Air peace by all means

jayson87:
When did Air peace become west Africa's largest airline. It has not even surpassed the feats of Arik air

naijaguy123456:
The best thing to do is for him to go to jail and serve his crime . He’s a crook .

Atouke:
What do you guys think? Should the indicted individual resign?

ednut1:
The money that started it was from amnesty loot. Fg would take it over

ornicus:


Say you have some stolen money. You are getting nervous as police are sniffing around . so you want to get it out of Nigeria. You cannot carry it physically.

So you give it your businessman friend to do

I will start from the beginning

Onyeama said he was going to buy planes wuthn20 million dollars.where did the 20 million dollars come from? This is a pertinent question because it cannot be income generated by air peace. The margins in aviation are meager, especially when he is not the only player. You use 20 million for cape, what is left for opex?

In addition to this, businesses expand with bank loans. There is no way to explain how he got the 20 million dollars he was going to use to buy the planes.

Going back to what I said, assume he actually had the 20 million dollars. Will buying new planes increase air peace bottom line? The number of passengers is shrinking due to the economy. If you buy a brand new 2019 corolla for Uber, are you going to charge more than 2013 Tokunbo corollas? Will people patronize you more because you have a brand new corolla? Unless someone has made a firm commitment to you, buy these planes and we will engage you.eg Mobil oil. And if that happened it would be in the news. Simply put, it is an illogical investment, considering the aviation industry. You will get broke fast.

What the authorites are saying is onyeama created a company in the US, a briefcase company, that he owned and That he gave a contract to supply him planes. He then sends that company 20 million from Nigeria. Once the company in the US gets the money,it starts disbursing the 20 million to numerous personal accounts of onyeama.

So what onyeama has done is he has used his business in Nigeria to move money to the US on false pretenses.that is a classic money laundering maneuver. Some people belive it's patience Johnathans money. You read how the fg is seizing 5 million today, 2 million tomorrow.

Like a lot of Nigerian businessmen, onyeama has no history of organic growth. If you go to Google, you can trace the histories of apple, Microsoft, dell, etc. Air peace started 6 years ago. Where did onyeama get the capital?

Now all these questions will be asked

Below is a more concise description

https://www.nairaland.com/5546090/why-onyema-flagged-us-advice/5#84322388

ornicus:


Say you have some stolen money. You are getting nervous as police are sniffing around . so you want to get it out of Nigeria. You cannot carry it physically.

So you give it your businessman friend to do

I will start from the beginning

Onyeama said he was going to buy planes wuthn20 million dollars.where did the 20 million dollars come from? This is a pertinent question because it cannot be income generated by air peace. The margins in aviation are meager, especially when he is not the only player. You use 20 million for cape, what is left for opex?

In addition to this, businesses expand with bank loans. There is no way to explain how he got the 20 million dollars he was going to use to buy the planes.

Going back to what I said, assume he actually had the 20 million dollars. Will buying new planes increase air peace bottom line? The number of passengers is shrinking due to the economy. If you buy a brand new 2019 corolla for Uber, are you going to charge more than 2013 Tokunbo corollas? Will people patronize you more because you have a brand new corolla? Unless someone has made a firm commitment to you, buy these planes and we will engage you.eg Mobil oil. And if that happened it would be in the news. Simply put, it is an illogical investment, considering the aviation industry. You will get broke fast.

What the authorites are saying is onyeama created a company in the US, a briefcase company, that he owned and That he gave a contract to supply him planes. He then sends that company 20 million from Nigeria. Once the company in the US gets the money,it starts disbursing the 20 million to numerous personal accounts of onyeama.

So what onyeama has done is he has used his business in Nigeria to move money to the US on false pretenses.that is a classic money laundering maneuver. Some people belive it's patience Johnathans money. You read how the fg is seizing 5 million today, 2 million tomorrow.

Like a lot of Nigerian businessmen, onyeama has no history of organic growth. If you go to Google, you can trace the histories of apple, Microsoft, dell, etc. Air peace started 6 years ago. Where did onyeama get the capital?

Now all these questions will be asked

Below is a more concise description

https://www.nairaland.com/5546090/why-onyema-flagged-us-advice/5#84322388

ornicus:


Say you have some stolen money. You are getting nervous as police are sniffing around . so you want to get it out of Nigeria. You cannot carry it physically.

So you give it your businessman friend to do

I will start from the beginning

Onyeama said he was going to buy planes wuthn20 million dollars.where did the 20 million dollars come from? This is a pertinent question because it cannot be income generated by air peace. The margins in aviation are meager, especially when he is not the only player. You use 20 million for cape, what is left for opex?

https://simpleflying.com/air-peace-expansion/
According to this article, the company has been running at a loss all this while


In addition to this, businesses expand with bank loans. There is no way to explain how he got the 20 million dollars he was going to use to buy the planes.

Going back to what I said, assume he actually had the 20 million dollars. Will buying new planes increase air peace bottom line? The number of passengers is shrinking due to the economy. If you buy a brand new 2019 corolla for Uber, are you going to charge more than 2013 Tokunbo corollas? Will people patronize you more because you have a brand new corolla? Unless someone has made a firm commitment to you, buy these planes and we will engage you.eg Mobil oil. And if that happened it would be in the news. Simply put, it is an illogical investment, considering the aviation industry. You will get broke fast.

What the authorites are saying is onyeama created a company in the US, a briefcase company, that he owned and That he gave a contract to supply him planes. He then sends that company 20 million from Nigeria. Once the company in the US gets the money,it starts disbursing the 20 million to numerous personal accounts of onyeama.

So what onyeama has done is he has used his business in Nigeria to move money to the US on false pretenses.that is a classic money laundering maneuver. Some people belive it's patience Johnathans money. You read how the fg is seizing 5 million today, 2 million tomorrow.

Like a lot of Nigerian businessmen, onyeama has no history of organic growth. If you go to Google, you can trace the histories of apple, Microsoft, dell, etc. Air peace started 6 years ago. Where did onyeama get the capital?

Now all these questions will be asked

Below is a more concise description

https://www.nairaland.com/5546090/why-onyema-flagged-us-advice/5#84322388

ornicus:


Say you have some stolen money. You are getting nervous as police are sniffing around . so you want to get it out of Nigeria. You cannot carry it physically.

So you give it your businessman friend to do

I will start from the beginning

Onyeama said he was going to buy planes wuthn20 million dollars.where did the 20 million dollars come from? This is a pertinent question because it cannot be income generated by air peace. The margins in aviation are meager, especially when he is not the only player. You use 20 million for cape, what is left for opex?

https://simpleflying.com/air-peace-expansion/
According to this article, the company has been running at a loss all this while


In addition to this, businesses expand with bank loans. There is no way to explain how he got the 20 million dollars he was going to use to buy the planes.

Going back to what I said, assume he actually had the 20 million dollars. Will buying new planes increase air peace bottom line? The number of passengers is shrinking due to the economy. If you buy a brand new 2019 corolla for Uber, are you going to charge more than 2013 Tokunbo corollas? Will people patronize you more because you have a brand new corolla? Unless someone has made a firm commitment to you, buy these planes and we will engage you.eg Mobil oil. And if that happened it would be in the news. Simply put, it is an illogical investment, considering the aviation industry. You will get broke fast.

What the authorites are saying is onyeama created a company in the US, a briefcase company, that he owned and That he gave a contract to supply him planes. He then sends that company 20 million from Nigeria. Once the company in the US gets the money,it starts disbursing the 20 million to numerous personal accounts of onyeama.

So what onyeama has done is he has used his business in Nigeria to move money to the US on false pretenses.that is a classic money laundering maneuver. Some people belive it's patience Johnathans money. You read how the fg is seizing 5 million today, 2 million tomorrow.

Like a lot of Nigerian businessmen, onyeama has no history of organic growth. If you go to Google, you can trace the histories of apple, Microsoft, dell, etc. Air peace started 6 years ago. Where did onyeama get the capital?

Now all these questions will be asked

Below is a more concise description

https://www.nairaland.com/5546090/why-onyema-flagged-us-advice/5#84322388

ednut1:
The money that started it was from amnesty loot. Fg would take it over

Bhelamblog:
This is according to Oke Omurhohwo the Manager Itel Mobile, He is alleging that The Nigerian Government Paid over N200m to Bahrain in other to create the National Carrier Logo, He said only the Logo cost $600,000, Thats over N200million.

Remember the FG unveiled the National Carrier 'Nigeria Air' at Farnborough Air Show in London Few days ago? Ok.

www.nairaland.com/attachments/7446039_nigesss_jpegd1e680afc5d1cfb017b3cb02c0bcaae3

Nigeria has “suspended” plans to launch a new national airline
September 20, 2018

Nigeria will not be getting a new national carrier in December or early 2019 as previously planned.

The national minister for aviation tweeted this evening (Sept. 19) that plans for the airline have been suspended. The plans for the new carrier, named Nigeria Air, complete with a logo unveiling, were announced at Farnborough, a renowned international aviation exhibition in London back in July.

The government claimed it would not own more than 5% of the airline, ceding control to private investors expected to invest $300 million in the new airline at inception.

https://qz.com/africa/1395926/nigeria-air-national-carrier-plans-suspende/

Atouke:


He is charged for funneling money that was supposed to he used for purchase of aircrafts into accounts of companies that the US suspects might be a shell company. And forgery of letter of credit.
Those are the allegations so for nothing has been proven in the court of law . The case will go to trial, all mr onyema need to do is hire the best American lawyers and prove that those companies are not shell companies and that the Letters of credit was authentic.

Its not as big a case as it sounds, it's just because of who is involved. And so far I am not pleased the way he is handling the case.

He is charged in Georgia USA and his lawyers are speaking from Nigeria! Really by now a law firm in the state of Georgia should be speaking on his behalf not some Nigerian lawyer with some weak language.

First step in saving the jobs AirPeace provides and the airline, is for him and his CFO to resign and seperate themselves from the company so the company can operate efficiently without the criminal case hanging over them.

Mr onyema and Egahaga should become former chairman and CFO of AirPeace immediately.

ornicus:


Say you have some stolen money. You are getting nervous as police are sniffing around . so you want to get it out of Nigeria. You cannot carry it physically.

So you give it your businessman friend to do

I will start from the beginning

Onyeama said he was going to buy planes wuthn20 million dollars.where did the 20 million dollars come from? This is a pertinent question because it cannot be income generated by air peace. The margins in aviation are meager, especially when he is not the only player. You use 20 million for cape, what is left for opex?

https://simpleflying.com/air-peace-expansion/
According to this article, the company has been running at a loss all this while


In addition to this, businesses expand with bank loans. There is no way to explain how he got the 20 million dollars he was going to use to buy the planes.

Going back to what I said, assume he actually had the 20 million dollars. Will buying new planes increase air peace bottom line? The number of passengers is shrinking due to the economy. If you buy a brand new 2019 corolla for Uber, are you going to charge more than 2013 Tokunbo corollas? Will people patronize you more because you have a brand new corolla? Unless someone has made a firm commitment to you, buy these planes and we will engage you.eg Mobil oil. And if that happened it would be in the news. Simply put, it is an illogical investment, considering the aviation industry. You will get broke fast.

What the authorites are saying is onyeama created a company in the US, a briefcase company, that he owned and That he gave a contract to supply him planes. He then sends that company 20 million from Nigeria. Once the company in the US gets the money,it starts disbursing the 20 million to numerous personal accounts of onyeama.

So what onyeama has done is he has used his business in Nigeria to move money to the US on false pretenses.that is a classic money laundering maneuver. Some people belive it's patience Johnathans money. You read how the fg is seizing 5 million today, 2 million tomorrow.

Like a lot of Nigerian businessmen, onyeama has no history of organic growth. If you go to Google, you can trace the histories of apple, Microsoft, dell, etc. Air peace started 6 years ago. Where did onyeama get the capital?

Now all these questions will be asked

Below is a more concise description

https://www.nairaland.com/5546090/why-onyema-flagged-us-advice/5#84322388

Alakija ordinary hairdresser where did she get the money to purchase oil bloc

TundeBricklayer:

Where did Adenuga get the money to purchase Globacom license

ornicus:


You can go and ask him. You can also petition efcc. Numerous Nigerian businessmen have done business in the us without issue. Your whataboutism changes nothing. Just understand that this foolish act by onyeama means that now, there will be a local investigation into air peace. All the issues that may have been overlooked or ignored will now be gone over with a fine tooth comb. Onyeama will have to explain where he got his startup capital, and his running capital, particularly as the airline is reported to have lost at least 3.3 million us last year

Atouke:
In order to save the airlines image and allow it to run freely during the period that the fraud trial of the two individual will last in the US courts,
The best thing would be for the its chairman and CFO Allen onyema and Egahaga to step down from their roles in the company pending their clearance from court of all corrupt charges.

Mr onyema who is a patriotic Nigerian that has created many jobs for Nigerians and West African and loves his people should allow that love for country to drive him to resign and save the company reputation from fraud until he is cleared from the allegations which I hope he will be cleared.

In the meantime his wife is the Vice chairman of air peace, she can take over as chairman and another person can take over as CFO of the airline pending their clearance.
This is the standard practice worldwide. If this is done it will in the meantime save the airlines a lot of trouble as they can open fresh business account in the USA devoid of signatories of people facing financial fraud charges in the US courts.
This will enhance the operational efficiency of the airline.

Mr Onyema and Egahaga would now use the time away from the daily demands from the airline operations to focus squarely on the case against them.
By setting up a top US criminal defense team made of US lawyers, not the ones that am seeing making weak statements on Nigerian media.

This case might likely take a while for the trial to be concluded, so to save his company during this trial period, he should do the honorable thing by resigning as that will not be an admission of guilt but a strategic move to save Airpeace.

Once that is done the fraud case will now involve former Air Peace chairman and former CFO thereby creating the needed seperation for the Airline.

TundeBricklayer:

His case already with EFCC, he's now on exile in Ghana since Buhari won second tenure. The money used in purchasing Glo license was PTDF fund

Eartquake1:
[s][/s]

You guys want to reap where you did not sow

Shameless people

realstars:
I dont jist understand all this hunting?

blissboss32:
Such a crook...
Good morning guys. Check my signature to see if you can also make some cash before Xmas.

Great postt

LadyExcellency:



Globacom nko?