Redstone:


Now who do we believe BIG Question for all of us.

Logically, the idea behind bribe scandals is always that the offender offers bribe in order to get cleared of a crime, If this is correct, between Farcrook and Otedollar, whose company is being investigated in the fuel subsidy saga

The one who is being investigated obviously will be the one to initiate bribe offering. Farcrook is weak minded and gullible to have fallen for this trap.

Now, Otedolla is telling Nigerians that he was pressured offer the bribe. He now wants to play the injured party.

this is jus a diversionary game, Nigerians, shine your eyes oooooooo.

Both Farcrook and Zenon boss have lots of question to answer.

The money has to be retrieved, let's all see how this unfolds.

Redstone:



If sss actually had a video of him the first time he collected the bribe money, that is enough evidence to take him in. Now where is the bribe money?

ideylaff: Keyamo is meant to be a lawyer and he's already passing judgement on a case that is yet to go to court

All Farouk will do to get off the hook is claim prejudice.. simple....

[b]All of them are the same.. Distraction agents... everybody don 4get 3 trillion abi na 2 trillion wey we dey find in the 1st place

Only yesterday the same set of accussed marketers were awarded bigger contracts again, Same old story... yeye dey smell big time[/b]

Demdem:
The Force Headquarters stated that the audio recording, which was relayed on Monday by the private TV station, was not enough evidence to prosecute Lawan.

Deputy Force Public Relations Officer, Frank Mba, who spoke on the relay of the audio recording in Abuja on Tuesday, asked for the full video component of the recording which should start from the beginning of its recording.


On why it is taking the police too long to conclude investigation, Mba stressed that with the evidence so far obtained, it would amount to a waste of time and public resources to rush to court.

He said, “You just don’t rush to court for the fun of charging people to court. That is why courts are congested and that is why we don’t make progress. It does not make sense. It is unproductive; it is a waste of public resource.”

http://www.punchng.com/news/no-evidence-yet-to-prosecute-lawan-police/

Toktee: Imagine a lawyer talking,he is even comending the effort of otedola and the sss,the lawyer went ahead to use america nd other european countries,that do resign their position in a case like this,my problem with the whole analysis is,if mr otedola is innocent,why must he perticipate in the whole saga instead of waiting for the house to complete the investigation,who call who first, and why must lawan invite security agencies,who among them can be trusted,otedola invited the sss to do what,what prevented them frm arresting lawan immediately he take posession of the exhibit,can u tell me how otedola is innocent in all these with good reasons? And the question of resignation,hw many corrupt govt official nd politician resign their position in nigeria,i therefore conclude that mr otedola do nt gve kobo to mr lawan,if he give where is the money,on the side of sss they fail in there duties as they were been commanded by mr otedola,what a shame,the giver nd the taker,are both guilty of the offence period...no ranting

edicolove:
The man says put the cameras on me. I wanna sing a hit! The guy is asking for the opportunity to release a chart bursting single man! From where I stand, I don't see him hiding. He is rearing to go.

Demdem:

i disagree. otedollar wants farook to go to jail and the institution who may facilitate this is being undermined by the complainant. If its the same audio we all heard that the police has then i agree with the police that its bullshit. why do u have to give them partial evidence in form of an uncompleted audio? why havent u even given them the Video? why is SSS not cooperating with the police? there is absolutely no way otedollar will give them something and the police will tamper with it in farouk's favour. remember that the source itself is Otedollar. besides Otedollar isnt an ordinary citizen that can just be locked up and claimed to be the culprit, u know that isnt possible.

Stkingsley: I want to ask, why are Nigerians like dis? and why are Nairalanders like dis? Dis report from Keyamo, is it an original article typed in here by a member? or did he type it down on Nairaland personally for us to argue or comment? Am asking this, because i have noticed anybody looking for a car to buy, a loan to get or even a girlfriend posts it here, and even those looking for work or business posts it here too. Am saying this because, i noticed in the dailies of Monday, Chief Mike Ozekhome, has been contracted by Facrook to defend him, and he has actually started his work. This article from Keyamo smears of somebody who needs a job from Ote$. In any case, i think he shd be bold enough to approach the man and tell him so. Why am i saying this? Even a blind man can see that to Keyamo Facrook is guilty, guilty n guilty, while Otedola (is a Saint) who has worked according to d dictates of good citizenry, undermining dat d law frowns at both d giver n taker of bribes. To Keyamo, Otedola ddnt give a bribe, bt merely played along wit d SSS who marked d dollar. Whether Facrook feels a doctored evidence is being released or not, d 1st conversation showed Otedola was in an aircraft, and i am asking my fellow Nairalanders, WAS OTEDOLA TAKING THE WHOLE $620,000 TO CHINA? or wherever he was travelling to then? because, ACCORDING TO THAT CONVERSATION, Facrook was called up by Otedola to come for d money. What if Facrook ddnot send TJ, will he have travelled wt d money? At d other point, he said HE CANNOT KEEP SUCH MONEY AT HOME, but he can take it to airport aboard an aircraft.

Guys, we are all Nigerians. If SSS were privy of this matter as is being claimed, am sure, trust Nigerian Police, they will swing into action in search of those MARKED dollar bills. We all have established that both FACROOK N OTEDOLA ARE THIEVES here, let no job/brief-seeking lawyer become d judge at d same time. Please, we are watching.... I have noticed in NAIRALAND, that the person who reports a case first, is always d innocent man. Pls, dis shd not be so. Until d full trial starts, we cannot say for sure how dis thing happened.

For those castigating d National Assemblies (closed trial) and citing the subsidy era in January, am sure we also remember there were a lot of closed door meetings between House of Reps and the Labour Congress. Pls, lets keep straight mind on this issue, knowing that d two pple have defaulted and we shall all learn of d outcome sooner or later, but d no. 1 priority is DONT ALLOW THIS TO BURY THE FUEL SUBSIDY PROBE REPORT, which is d main intention of this whole saga

Demdem:



The Force Headquarters stated that the audio recording, which was relayed on Monday by the private TV station, was not enough evidence to prosecute Lawan.

Deputy Force Public Relations Officer, Frank Mba, who spoke on the relay of the audio recording in Abuja on Tuesday, asked for the full video component of the recording which should start from the beginning of its recording.


On why it is taking the police too long to conclude investigation, Mba stressed that with the evidence so far obtained, it would amount to a waste of time and public resources to rush to court.

He said, “You just don’t rush to court for the fun of charging people to court. That is why courts are congested and that is why we don’t make progress. It does not make sense. It is unproductive; it is a waste of public resource.”

http://www.punchng.com/news/no-evidence-yet-to-prosecute-lawan-police/

Monjerk: The mistake most people are making here is that we allow things that might have happened in the past to determine our conclusion on this case. Farouk must have one time been a good or bad person, so also Otedola must have been doing his business in a bad /good way in the past. My take on this is, Farouk is a thief, how? he collected bribe to remove Otedola name from the list, so he should be arrested and he should be dealth with severely. On the other hand, Otedola himself is innocent , but his company still need to be re- investigated concerning this fuel subsidy thing, Why? If the company was indicted on the subsidy mess up and He (otedola) bribe his way out which he later use as evidence does not make the company innocent. His company need to be screen again to realy prove it innocent as claim by him. But farouk need to be kick out of the national assembly immediately or amadioha will begin to strike all those member one after the other, ...... just hold on lemme go inside to make some incatation i will be back soon...

thegoodjoehunt:

Hope you know that most of our security outfits are corrupt. Remember that Ibori escaped from our authorities here. Remember what led to the removal of the I.G and the Boko Haram suspect. Remember there is a report saying that the police escorted FARCROOK to his house to shower and rest after he was detained.

Now tell me this are the people you want Otedola to dine with. He would be stopped in seconds. As I said before. He is playing his cards right. You don't go showing your cards when you could bluff your opponents to bring in more loot before you make your call. Also the right step is Journalists first who are amebos and are always looking for gist to yarn. When it is out it can't be taken back and secondly security agents you trust. Any other thing is a mistake.

thegoodjoehunt:

Please which report? The report that is totally doctored, the report that a company that imports AGO was indicted for collecting FX to import PMS. A committee that coherently agreed to remove a name of ZENON PETROLEUM after they believed another Maga has paid.

The true Culprits of whatever led to the loss of FX are not on that report. A lot of corrupt people have paid and are flexing and you guys want the subsidy report.

We should be crying for the truth of what went down in CBN. We should not blame Otedola of Burying their Scam report but commend him for exposing how corrupt the so called Thieves and crooks are. How can CROOKS recover stolen Wealth. I laugh in AYE.

2. We found out that the subsidy regime, as operated between the period under review (2009 and 2011), were fraught with endemic corruption and entrenched inefficiency. Much of the amount claimed to have been paid as subsidy was actually not for consumed PMS. Government officials made nonsense of the PSF Guidelines due mainly to sleaze and, in some other cases, incompetence. It is therefore apparent that the insistence by top Government officials that the subsidy figures was for products consumed was a clear attempt to mislead the Nigerian people.

3. Thus, contrary to the earlier official figure of subsidy payment of N1.3 Trillion, the Accountant-General of the Federation put forward a figure of N1.6 Trillion, the CBN N1.7 Trillion, while the Committee established subsidy payment of N2,587.087 Trillion as at 31st December, 2011, amounting to more than 900% over the appropriated sum of N245 Billion. This figure of N2, 587.087Trillion is based on the CBN figure of N844.944b paid to NNPC, in addition to another figure of N847.942b reflected as withdrawals by NNPC from the excess crude naira account, as well as the sum of N894.201b paid as subsidy to the Marketers. The figure of N847.942b quoted above strongly suggests that NNPC might have been withdrawing from two sources especially when the double withdrawals were also reflected both in 2009 and in 2010.
However, it should be noted that as at the time the public hearing was concluded, there were outstanding claims by NNPC and the Marketers in excess of N270billion as subsidy payments for 2011.
Whereas the mandate of the Committee was necessitated by the removal of subsidy, the Committee found out that subsidy payment on kerosene formed an Integra part of the total sum.

4. On its part, NNPC was found not to be accountable to any body or authority. The Corporation, in 2011, processed payment of N310.4 Billion as 2009 – 2011 arrears of subsidy on Kerosene, contrary to a Presidential Directive which removed subsidy on Kerosene in 2009. The Corporation also processed for itself, direct deduction of subsidy payment from amounts it received from other operations such as joint venture before paying the balance to the Federation Account, thereby depleting the shares of States and Local Governments from the distributable pool. Worse still, the direct deduction in 2011 alone, which amounted to N847.942 Billion, was effected without any provision in the Appropriation Act.

13. With regards to the 445,000 bpd allocation to NNPC , the Committee believes that with the current refining capacity of 53% and the SWAP/Offshore processing arrangement of the balance of 47%, it is sufficient to provide the nation with the following products:
a. 40 Million Litres Per Day (MLPD) of PMS,
b. 10 MLPD of Kerosene (HHK)
c. 8.97 MLPD of Diesel (AGO) ,
d. 0.62 MLPD of LPG and
e. 2.31 MLPD of FO
It is only AGO whose average daily consumption of 12 million Litres per day will not be achieved in full. Since AGO has been deregulated, other marketers can make up for the 3.03 MLPD AGO shortfalls. The implication of this finding is that if NNPC properly manages the allocation of 445 bpd efficiently, the availability of the products can be achieved by the NNPC alone. This contrasts the situation where in 2009-2011 NNPC got the daily allocation of 445,000bpd and the nation still had to import through Marketers.
Curiously, although NNPC confirmed that it makes some savings of about =N= 11.00 per litre refining locally than import, it could not be established that the Corporation reflects this cost differential in its claims to subsidy.

Demdem: the only issue i have against the house report is the various lists of indicted people and organization. Efforts should be made in making sure these parts of the report is thoroughly looked into again and make sure that org arent indicted wrongfully, besides that the report still dey Kampe and the house is right by sticking to their report. Security agents are expected to implement so they should do further investigation. How can someone in his right senses say Farookgate influenced these exclusives from the report

thegoodjoehunt:

You saying Otedola should work with the police. How can a policeman look into the eyes of a Journalist and make a statement that no enough evidence to prosecute. When the person has admitted that he took the money and has no evidence to back up that it was for a sting operation. The tapes will prove that FARCROOK took the money but FARCROOK admitted he took the money. The place where evidences is needed lies on FARCROOK defense to prove that the money was for a sting Operation.

How could FARCROOK admit he took the money for a Sting operation and his cohorts have denied him and the police are still asking for tapes. All CROOKS.

3rdparty: Nobody should be swayed by whatever is happening so long as it's Nigeria. Nobody ever goes to jail. Can anyone on here point to one person that has been sent to jail for the stock market scam? KPMG, was the fraudulent accounting firm hired to inflate profit earnings of banks to show false profits, can you point to any staff of KPMG in jail? Has any one been sent to jail over the fuel subsidy scam? Pension scam? etc. All these are just scripts for the next Nollywood movie. One the media stops carrying the news, the whole drama dies down.

Demdem:

Demdem:

Whatever u say wont change the facts as at today (yesterday or so). The police isnt an independent body but its being supervised by the same Presidency that supports Otedollar. Despite their corrupt tendencies, i still believe them because i simply dont have any other choice for now.

Another alternative is that the SSS should take charge of prosecution but they are probably not doing that because they also know its a waste of time going to court with these so called evidences.

thegoodjoehunt:

By the way you believe them despite their corrupt tendencies?

yes, and i gave my reason. kindly read through again. Your so-called SSS is also corrupt but u vouch for them, dont u?

Huh? So why are we against FARCROOK? Despite his corrupt tendencies, we should believe him and his report. I now get your point.

Nop, u havent. besides the house cant implement its own report, its left for the executives to do so.

the only issue i have against the house report is the various lists of indicted people and organization. Efforts should be made in making sure these parts of the report is thoroughly looked into again and make sure that org arent indicted wrongfully, besides that the report still dey Kampe and the house is right by sticking to their report. Security agents are expected to implement so they should do further investigation. How can someone in his right senses say Farookgate influenced these exclusives from the report

The SSS and Otedola not rushing to prosecute FARCROOK, led him to make a mess of himself on the floor removing ZENON PETROLEUM form the list, denying collecting bribe, getting his people to deny him etc. So you still believe they should rush for prosecution even if more loopholes will be exposed.

Justice delayed is justice denied. So called string operation is over, everything is now in the public domain. We have instances where criminals are charged to court while investigation is ongoing. This havent been done for farook. The excuse of not rushing to prosecute is bullshit. this issue has been on for months.

Breaking News:Hon Farouk Lawan Confesses Existence Of Evil Twin
Please read

https://www.nairaland.com/982991/hon-farouk-lawan-confesses-existence

Demdem:

take a look at his previous post to me and u will see that he threw the first punch. i have been consciously civil on this thread. I cant make peeps read my contributions, its a choice.

Demdem:

thegoodjoehunt:

[b]

I never vouched for them, I said if Otedola trust the security operatives he is working with, we must not be bent on him working with the police. The police already showed signs of compromise handling FARCROOK. If when he is detained, they could grant him access to leave the Cell, then how can we trust them in something bigger.

Then let SSS prosecute Farook. If they cant, they simply shut up.


This is a delicate case and Otedola is handling it the way he seems fit. If the police actually care they should investigate and find out what went down. Not all cases do you have victims handing out evidences. Without Otedola the police are totally lost. FARCROOK confessed to taking the money. Now they should do their job. By the way JUSTICE DELAYED IS NOT JUSTICE DENIED. I wonder where you dug that from. There are cases that have lasted over 10 years and the final verdict upholds justice. Was that a case of justice denied?

This is no longer Otedollar case, he should hand over whatever he has and let the prosecution begin. His handling to me is shoddy and suggest that he himself have a lot to hide. case closed

brownlord: I remember when growing up, my mother use to say, anything an Hausa tells you is nothing but the truth