| Re: Court Orders Saraki’s Ilorin Houses Forfeited To FG by Jones4190(m): 5:16pm On Dec 02, 2019 |
PDP is a fraud.
Multiplier effect of corruption
1. A young man works for one of the state ministries. His salary is 120K. He makes 15,000 everyday on this desk (N75k a week) engaging in corrupt practices. As a result, he spends the daily cash as he cares. Living large and far above his legitimate income.
2. He visits the local joint every evening and buys drinks for friends, and area boys. They hail him. He is married, but has two girlfriends. His "income" is enough to take care of them. The Asun seller at his favorite joint is happy, the joint owner is happy.
3. Everyone was benefiting from his "income". Friends, family, area boys, joint owner, Asun seller, girlfriends, wife and his church. Life was good.
4. Then suddenly the ministry implemented the Treasury Single Account (TSA) at the beginning of PMB administration. His extra "income" disappeared and he had to adjust to the reality of event and live within his real income. That wasn't easy.
5. Initially he reduced his daily visit to the joint to 3 days a week and stopped buying drinks for everyone. He reduced the plates of Asun. The Asun seller started to find it hard to sell a full goat each day and resorted to buying half.
6. The young man's girlfriends started to feel the heat too. No more iPhone 10. The joint owner noticed a drop in sales. The young man finally stopped visiting the joint after a month. The area boys started feeling his absence. The effect cascaded down.
7. The young man started spending more time at home with his wife and kids. The family had to readjust to the reality of the new normal. His hair stylist noticed the young man suddenly stopped tipping. He will even wait for his N200 change after haircut.
8. Things are different. Times are hard, they all cry. The young man is blaming Buhari, his wife is blaming Buhari, the area boys are blaming Buhari, the girlfriends are saying Buhari must go, the joint owner is saying Buhari killed the "economy"
9. The Asun seller is cursing Buhari, the hair stylist is insisting Buhari is too old to rule. This is the story of our nation where corruption fuels the "economy". Those who are not engaging in it are benefiting from it.
10. This tread is not about Buhari's achievement or failure, but rather about the "multiplier" effect of corruption and how we have built a system largely driven by corruption. It's about policy implication (good or bad). It's about the choices we have made.
Finally, the young man had to withdraw his kids from what he called expensive primary school his kids attend. He added:"what are they teaching them there sef " Obasanjo didn't go to a private school. I just laughed .
I Will explain part 2 of this story at the end of # NEXT LEVEL 23 Likes 3 Shares |
| Re: Court Orders Saraki’s Ilorin Houses Forfeited To FG by Sirjamo: 5:18pm On Dec 02, 2019 |
The most comment on this thread will emanate from PDP supporters. They love corruption more than their own lives. 4 Likes 2 Shares |
| Re: Court Orders Saraki’s Ilorin Houses Forfeited To FG by Nobody: 5:18pm On Dec 02, 2019 |
happney65:
The Economic and Financial Crimes Commission on Monday secured an order of the Federal High Court in Lagos for the forfeiture of two houses in Ilorin, Kwara State belonging to a former Senate President, Bukola Saraki.
The EFCC told the court it uncovered monumental fraud perpetrated in the treasury of the Kwara State Government between 2003 and 2011, when Saraki was the governor of the state.
Based on an ex parte application filed by the EFCC pursuant to Section 17 of the Advance Fee Fraud and Other Related Offences Act No. 14, 2006, Justice Rilwan Aikawa ordered the temporary forfeiture of Saraki’s two properties designated as Plots No. 10 and No. 11 Abdulkadir Road, GRA, Ilorin, Kwara State.
An operative of the EFCC, Olamide Sadiq, said in an affidavit filed in support of the ex parte application that the move for the forfeiture of the houses followed the findings of the EFCC after investigation and “the report of a committee set up to review sales of Kwara State Government during the reign of the Governor of Kwara State in the year 2003 and 2011.”
He said the EFCC also received “a damning intelligence report, showing monumental fraud perpetrated in the treasury of the Kwara State Government between 2003 and 2011.”
Sadiq said, “Whilst the investigation was ongoing several fraudulent transactions were discovered.
“I know for a fact and verily believe that our investigation has revealed the following mind-boggling findings, among others:
“That between 2003 and 2011, Dr Olubukola Abubakar Saraki was the Executive Governor of Kwara State.
“That whilst he held the aforementioned position, the common pattern was that after payment of monthly allocation by the Federal Government to the Kwara State Government, a cumulative sum of not less than N100m will be deposited into the Kwara Government House account.
“That upon the payment of the said N100m, same will, in turn, be withdrawn in cash by one Mr Afeez Yusuf from the Kwara State Government House, Ilorin’s account in bits and brought to the Government House.”
The EFCC said it believed that Saraki developed the two properties with proceeds of unlawful activities.
Counsel for the commission, Mr Rotimi Oyedepo, urged Justice Aikawa to order their temporary forfeiture to the Federal Government.
After granting the order as prayed, Justice Aikawa directed the EFCC to publish the temporary forfeiture order in a national newspaper and adjourned till December 17 for anyone interested in the properties to appear before him to show cause why the properties should not be permanently forfeited to the Federal Government.
https://punchng.com/breaking-court-orders-sarakis-ilorin-houses-forfeited-to-fg/?fbclid=IwAR0jvJWVjFjrbXRCUaX_UsZ3vYSmE9Hotq41HRqSo2Mn6aMItPuuPy7xAbU This kind of news makes me happy than receiving Christmas hampers  3 Likes 2 Shares |
| Re: Court Orders Saraki’s Ilorin Houses Forfeited To FG by Enemyofpeace: 5:18pm On Dec 02, 2019 |
Na wa o. What did Saraki did to this government now? |
| Re: Court Orders Saraki’s Ilorin Houses Forfeited To FG by BwalaMarama: 5:19pm On Dec 02, 2019 |
Saraki should head to ICC, UN, IPOB Court and ECOWAS Court Asap. Tomorrow u no dare insult ur elders. 1 Like 1 Share |
| Re: Court Orders Saraki’s Ilorin Houses Forfeited To FG by liondbrave: 5:19pm On Dec 02, 2019 |
This is just the volume one,volume two and three on the way asap 3 Likes 1 Share |
| Re: Court Orders Saraki’s Ilorin Houses Forfeited To FG by praz001(m): 5:19pm On Dec 02, 2019 |
That won't even shake him...... In someone's voice " No matter what happen, I can never be as poor as dangote" Musa' s gate is still secure. |
| Re: Court Orders Saraki’s Ilorin Houses Forfeited To FG by mukthar2000(m): 5:19pm On Dec 02, 2019 |
Dino, this present governor in my state want to make sure the finish my life with EFCC, plz advice me what to do. 1 Like 1 Share 
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| Re: Court Orders Saraki’s Ilorin Houses Forfeited To FG by brownlolly(m): 5:19pm On Dec 02, 2019 |
And that's how the cookie crumbled 1 Like 1 Share |
| Re: Court Orders Saraki’s Ilorin Houses Forfeited To FG by nauto: 5:19pm On Dec 02, 2019 |
I see |
| Re: Court Orders Saraki’s Ilorin Houses Forfeited To FG by Nobody: 5:20pm On Dec 02, 2019 |
was it stolen from FG or Kwara State if at all it was stolen
this Fulani FG is trying so hard to achieve what Uthman Dan Fido who was defeated in Oyo state couldn't achieve! stealing from Yoruba's.
the right thing is to hand it over to kwara state government and not the Fulani FG |
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| Re: Court Orders Saraki’s Ilorin Houses Forfeited To FG by itsme01: 5:22pm On Dec 02, 2019 |
Ikoyi house gone, ilorin house gone 2 Likes |
| Re: Court Orders Saraki’s Ilorin Houses Forfeited To FG by Nobody: 5:22pm On Dec 02, 2019 |
The way these Buhari goons are going, I really pity them. These idiots are so power drunk, they forget the temporariness of their stay in power.
I verily say that many of these bastards parading themselves as today's men would be enshackled and sentenced to life imprisonment in a future administration. They set the precedent. Others would outdo them. |
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| Re: Court Orders Saraki’s Ilorin Houses Forfeited To FG by paparazi1(m): 5:23pm On Dec 02, 2019 |
Johnjanrt:
Make I park here read comments PDP, APC, other parties and the apolitical. Today is your turn, tomorrow might be somebody turn, Saraki has done nothing to deserve dis hunting, remember that whatsoever a sow is what he or she will equally reap. karma is a bitch beware. 1 Like |
| Re: Court Orders Saraki’s Ilorin Houses Forfeited To FG by simplesearch: 5:23pm On Dec 02, 2019 |
The EFCC said [b]it believed [/b]that Saraki developed the two properties with proceeds of unlawful activities.
This is not good for democracy. while not condoning corruption it's laughable to take over somebody's property on the ground of hearsay or mere believe, this is not a good way to fight corruption, it is vendetta and crass misuse of state power. 2 Likes |
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| Re: Court Orders Saraki’s Ilorin Houses Forfeited To FG by simplesearch: 5:24pm On Dec 02, 2019 |
The EFCC said it believed that Saraki developed the two properties with proceeds of unlawful activities.
This is not good for democracy. while not condoning corruption it's laughable to take over somebody's property on the ground of hearsay or mere believe, this is not a good way to fight corruption, it is vendetta and crass misuse of state power. 3 Likes |
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| Re: Court Orders Saraki’s Ilorin Houses Forfeited To FG by Alashoalash10: 5:24pm On Dec 02, 2019 |
happney65:
The Economic and Financial Crimes Commission on Monday secured an order of the Federal High Court in Lagos for the forfeiture of two houses in Ilorin, Kwara State belonging to a former Senate President, Bukola Saraki.
The EFCC told the court it uncovered monumental fraud perpetrated in the treasury of the Kwara State Government between 2003 and 2011, when Saraki was the governor of the state.
Based on an ex parte application filed by the EFCC pursuant to Section 17 of the Advance Fee Fraud and Other Related Offences Act No. 14, 2006, Justice Rilwan Aikawa ordered the temporary forfeiture of Saraki’s two properties designated as Plots No. 10 and No. 11 Abdulkadir Road, GRA, Ilorin, Kwara State.
An operative of the EFCC, Olamide Sadiq, said in an affidavit filed in support of the ex parte application that the move for the forfeiture of the houses followed the findings of the EFCC after investigation and “the report of a committee set up to review sales of Kwara State Government during the reign of the Governor of Kwara State in the year 2003 and 2011.”
He said the EFCC also received “a damning intelligence report, showing monumental fraud perpetrated in the treasury of the Kwara State Government between 2003 and 2011.”
Sadiq said, “Whilst the investigation was ongoing several fraudulent transactions were discovered.
“I know for a fact and verily believe that our investigation has revealed the following mind-boggling findings, among others:
“That between 2003 and 2011, Dr Olubukola Abubakar Saraki was the Executive Governor of Kwara State.
“That whilst he held the aforementioned position, the common pattern was that after payment of monthly allocation by the Federal Government to the Kwara State Government, a cumulative sum of not less than N100m will be deposited into the Kwara Government House account.
“That upon the payment of the said N100m, same will, in turn, be withdrawn in cash by one Mr Afeez Yusuf from the Kwara State Government House, Ilorin’s account in bits and brought to the Government House.”
The EFCC said it believed that Saraki developed the two properties with proceeds of unlawful activities.
Counsel for the commission, Mr Rotimi Oyedepo, urged Justice Aikawa to order their temporary forfeiture to the Federal Government.
After granting the order as prayed, Justice Aikawa directed the EFCC to publish the temporary forfeiture order in a national newspaper and adjourned till December 17 for anyone interested in the properties to appear before him to show cause why the properties should not be permanently forfeited to the Federal Government.
https://punchng.com/breaking-court-orders-sarakis-ilorin-houses-forfeited-to-fg/?fbclid=IwAR0jvJWVjFjrbXRCUaX_UsZ3vYSmE9Hotq41HRqSo2Mn6aMItPuuPy7xAbU That is the way they looted our common heritage 1 Like 1 Share |
| Re: Court Orders Saraki’s Ilorin Houses Forfeited To FG by Ukodo1123: 5:25pm On Dec 02, 2019 |
Good news for those that kick out Jonathan government 3 Likes |
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| Re: Court Orders Saraki’s Ilorin Houses Forfeited To FG by pacespot(m): 5:25pm On Dec 02, 2019 |
This one na still ordinary jab, not even uppercut, compared to what this man stole. When he was asked to step down from senate president after the Panama papers saga and he refused, I knew it would come to this. 2 Likes 1 Share |
| Re: Court Orders Saraki’s Ilorin Houses Forfeited To FG by Omoboricash(m): 5:26pm On Dec 02, 2019 |
brainhgeek:
It's just a matter of time before he is as innocent as deziani Pls don't say what u don't know. Nobody exonerate Deziani. The conspiracy of Britain governments was responsible for the withdrawal of the case by the efcc. The judge handling the case threatening to throw out the case out if the prosecutor fail to provide the accused. The British government refused to repatriate Deziani to face all charges against her. Pls how was she free from the case. Seek for knowledge before you put trash to public consumption 2 Likes 2 Shares |
| Re: Court Orders Saraki’s Ilorin Houses Forfeited To FG by Human01(m): 5:27pm On Dec 02, 2019 |
Looks like a witch hunt |
| Re: Court Orders Saraki’s Ilorin Houses Forfeited To FG by Deepthoughts: 5:27pm On Dec 02, 2019 |
happney65:
The Economic and Financial Crimes Commission on Monday secured an order of the Federal High Court in Lagos for the forfeiture of two houses in Ilorin, Kwara State belonging to a former Senate President, Bukola Saraki.
The EFCC told the court it uncovered monumental fraud perpetrated in the treasury of the Kwara State Government between 2003 and 2011, when Saraki was the governor of the state.
Based on an ex parte application filed by the EFCC pursuant to Section 17 of the Advance Fee Fraud and Other Related Offences Act No. 14, 2006, Justice Rilwan Aikawa ordered the temporary forfeiture of Saraki’s two properties designated as Plots No. 10 and No. 11 Abdulkadir Road, GRA, Ilorin, Kwara State.
An operative of the EFCC, Olamide Sadiq, said in an affidavit filed in support of the ex parte application that the move for the forfeiture of the houses followed the findings of the EFCC after investigation and “the report of a committee set up to review sales of Kwara State Government during the reign of the Governor of Kwara State in the year 2003 and 2011.”
He said the EFCC also received “a damning intelligence report, showing monumental fraud perpetrated in the treasury of the Kwara State Government between 2003 and 2011.”
Sadiq said, “Whilst the investigation was ongoing several fraudulent transactions were discovered.
“I know for a fact and verily believe that our investigation has revealed the following mind-boggling findings, among others:
“That between 2003 and 2011, Dr Olubukola Abubakar Saraki was the Executive Governor of Kwara State.
“That whilst he held the aforementioned position, the common pattern was that after payment of monthly allocation by the Federal Government to the Kwara State Government, a cumulative sum of not less than N100m will be deposited into the Kwara Government House account.
“That upon the payment of the said N100m, same will, in turn, be withdrawn in cash by one Mr Afeez Yusuf from the Kwara State Government House, Ilorin’s account in bits and brought to the Government House.”
The EFCC said it believed that Saraki developed the two properties with proceeds of unlawful activities.
Counsel for the commission, Mr Rotimi Oyedepo, urged Justice Aikawa to order their temporary forfeiture to the Federal Government.
After granting the order as prayed, Justice Aikawa directed the EFCC to publish the temporary forfeiture order in a national newspaper and adjourned till December 17 for anyone interested in the properties to appear before him to show cause why the properties should not be permanently forfeited to the Federal Government.
https://punchng.com/breaking-court-orders-sarakis-ilorin-houses-forfeited-to-fg/?fbclid=IwAR0jvJWVjFjrbXRCUaX_UsZ3vYSmE9Hotq41HRqSo2Mn6aMItPuuPy7xAbU This is clearly an act of vendetta but there's a tommorow, history never forgets. 1 Like |
| Re: Court Orders Saraki’s Ilorin Houses Forfeited To FG by brownlolly(m): 5:27pm On Dec 02, 2019 |
Jones4190:
PDP is a fraud.
Multiplier effect of corruption
1. A young man works for one of the state ministries. His salary is 120K. He makes 15,000 everyday on this desk (N75k a week) engaging in corrupt practices. As a result, he spends the daily cash as he cares. Living large and far above his legitimate income.
2. He visits the local joint every evening and buys drinks for friends, and area boys. They hail him. He is married, but has two girlfriends. His "income" is enough to take care of them. The Asun seller at his favorite joint is happy, the joint owner is happy.
3. Everyone was benefiting from his "income". Friends, family, area boys, joint owner, Asun seller, girlfriends, wife and his church. Life was good.
4. Then suddenly the ministry implemented the Treasury Single Account (TSA) at the beginning of PMB administration. His extra "income" disappeared and he had to adjust to the reality of event and live within his real income. That wasn't easy.
5. Initially he reduced his daily visit to the joint to 3 days a week and stopped buying drinks for everyone. He reduced the plates of Asun. The Asun seller started to find it hard to sell a full goat each day and resorted to buying half.
6. The young man's girlfriends started to feel the heat too. No more iPhone 10. The joint owner noticed a drop in sales. The young man finally stopped visiting the joint after a month. The area boys started feeling his absence. The effect cascaded down.
7. The young man started spending more time at home with his wife and kids. The family had to readjust to the reality of the new normal. His hair stylist noticed the young man suddenly stopped tipping. He will even wait for his N200 change after haircut.
8. Things are different. Times are hard, they all cry. The young man is blaming Buhari, his wife is blaming Buhari, the area boys are blaming Buhari, the girlfriends are saying Buhari must go, the joint owner is saying Buhari killed the "economy"
9. The Asun seller is cursing Buhari, the hair stylist is insisting Buhari is too old to rule. This is the story of our nation where corruption fuels the "economy". Those who are not engaging in it are benefiting from it.
10. This tread is not about Buhari's achievement or failure, but rather about the "multiplier" effect of corruption and how we have built a system largely driven by corruption. It's about policy implication (good or bad). It's about the choices we have made.
Finally, the young man had to withdraw his kids from what he called expensive primary school his kids attend. He added:"what are they teaching them there sef " Obasanjo didn't go to a private school. I just laughed .
I Will explain part 2 of this story at the end of # NEXT LEVEL If you will still be alive � |
| Re: Court Orders Saraki’s Ilorin Houses Forfeited To FG by Kunlexity(m): 5:27pm On Dec 02, 2019 |
Naijiria politics is very interesting one... Can Saraki survive this onslaught?... Time will tell. |
| Re: Court Orders Saraki’s Ilorin Houses Forfeited To FG by paparazi1(m): 5:27pm On Dec 02, 2019 |
happney65:
The Economic and Financial Crimes Commission on Monday secured an order of the Federal High Court in Lagos for the forfeiture of two houses in Ilorin, Kwara State belonging to a former Senate President, Bukola Saraki.
The EFCC told the court it uncovered monumental fraud perpetrated in the treasury of the Kwara State Government between 2003 and 2011, when Saraki was the governor of the state.
Based on an ex parte application filed by the EFCC pursuant to Section 17 of the Advance Fee Fraud and Other Related Offences Act No. 14, 2006, Justice Rilwan Aikawa ordered the temporary forfeiture of Saraki’s two properties designated as Plots No. 10 and No. 11 Abdulkadir Road, GRA, Ilorin, Kwara State.
An operative of the EFCC, Olamide Sadiq, said in an affidavit filed in support of the ex parte application that the move for the forfeiture of the houses followed the findings of the EFCC after investigation and “the report of a committee set up to review sales of Kwara State Government during the reign of the Governor of Kwara State in the year 2003 and 2011.”
He said the EFCC also received “a damning intelligence report, showing monumental fraud perpetrated in the treasury of the Kwara State Government between 2003 and 2011.”
Sadiq said, “Whilst the investigation was ongoing several fraudulent transactions were discovered.
“I know for a fact and verily believe that our investigation has revealed the following mind-boggling findings, among others:
“That between 2003 and 2011, Dr Olubukola Abubakar Saraki was the Executive Governor of Kwara State.
“That whilst he held the aforementioned position, the common pattern was that after payment of monthly allocation by the Federal Government to the Kwara State Government, a cumulative sum of not less than N100m will be deposited into the Kwara Government House account.
“That upon the payment of the said N100m, same will, in turn, be withdrawn in cash by one Mr Afeez Yusuf from the Kwara State Government House, Ilorin’s account in bits and brought to the Government House.”
The EFCC said it believed that Saraki developed the two properties with proceeds of unlawful activities.
Counsel for the commission, Mr Rotimi Oyedepo, urged Justice Aikawa to order their temporary forfeiture to the Federal Government.
After granting the order as prayed, Justice Aikawa directed the EFCC to publish the temporary forfeiture order in a national newspaper and adjourned till December 17 for anyone interested in the properties to appear before him to show cause why the properties should not be permanently forfeited to the Federal Government.
https://punchng.com/breaking-court-orders-sarakis-ilorin-houses-forfeited-to-fg/?fbclid=IwAR0jvJWVjFjrbXRCUaX_UsZ3vYSmE9Hotq41HRqSo2Mn6aMItPuuPy7xAbU Karma is a bitch, the very cup you use to measure give another person, is the same cup that will be use for you and your generation, expired, toxic , outdated medication CALLED A pee cee |
| Re: Court Orders Saraki’s Ilorin Houses Forfeited To FG by Hallenjay: 5:28pm On Dec 02, 2019 |
Magu just want to revenge on why saraki refused to confirm him as a efcc chairman.
He's imagine it in his head that if not for God and men of calibre that's how saraki will have collect chop from his mouth just because he hate him.
Confirm me 3 times u no gree,now I do it without u .
I go send u back to stage 1 if not zero.Tufiakwa
This is not only spartacus but REAL VENGEANCE |
