₦airaland Forum

dougivilla:
When will all these media trials end?

Take him to court lets get the details from the courts.

APC would soon run out of propaganda. Very soon.

The case is already in court and the accused persons reported in court today except for Tompolo who is now on the run.

cktheluckyman:
Ok then venture into the creeks and arrest him let us see

Tompolo is not in the creeks my friend. Life in the creeks can never be suitable for him again.

cktheluckyman:
He always has a choice!! Make a standout in the creeks and survive as he always has done before the amnesty.

The Tompolo of those days no longer exists anymore. Today's Tompolo is a buttered up billionaire. Same with Asari and most of the chief ex-militants. All thanks to GEJ's legendary generosity.

manup:
I don't want to think that the ex parte order is a channel to click the winds of PDP in the upcoming elections in Rivers State.

It wasn't an ex parte order which is a decision reached by a judge without hearing from the other party. It was a bench warrant which is commonly used to force the appearance of a person who has refused to show up in court despite being so ordered. Please crosscheck the meaning of legal terms next time before using them.

LadyExcellency:
Is this not a treasonable felony if implemented without constitutional amendment?


From constitutional democracy to constitutional dictatorship.

Pray for Nigeria.

I think you mean "unconstitutional" and not "treasonable felony". There is a specific legal definition for that which has nothing to do with states exploring solid mineral deposits in their domains.

tunjion:
Buhari Oooooo do and come down so we can have a government and real government not playing to the gallery.


No light, no job, food prices are rising, investors leaving, no IMF loan, oil price fall, no money and all we here is probe and probe.


Awon oniranu!

Where did you see Buhari's name in the article? The senate does its work independently of the presidency. This particular story has nothing to do with Buhari.

Senate is concerned with federal matters not with state matters. Lagos state has its own house of assembly for the purpose of state level probes.

amunkita:
Which senate probe have being fruitful in Nigeria..
All senate probe re dead on arrival.

This is just a plot by our senators for more sitting allowance.

Abeg who go fit probe Lagos state to pay their retirees since 3years now no kobo...

I hope you meant to type minimum 6 to 8 months term and not maximum. The thing is this, in a democracy only the national assembly can determine punishments for federal crimes, and they only can initiate such changes. Even the setting up of special courts for corruption must be approved by the national assembly before they can become functional.

Abel202:
[b]I love the fact that Buhari wants to fight corruption to a stand still. But I think he should have done some reforms first before starting his war. Obasanjo created the Efcc & ICPC. He deed his best in fighting corruption with some loopholes observed. Yaradua & Jonathan should have improved on these agencies but they nearly killed the fight against corruption. Which goes to show that if Buhari is to be sucessful in this fight, then some reforms are needed. I thought he would have done these before starting ab initio:

1. Create special courts for corruption cases.
2. A maximum 6 or 8 Months term be stipulated for all corruption cases up to the Supreme court.
3. Reform the Efcc so that before they ever arrest any indivual they should have almost concluded their investigation, and then charge him to court straight.

If he had done the above as a prelude before starting the war against corruption, we wouldnt be running into this sort of mess where rule of law seems to be completely trampled upon.

What we need are real convictions. Not Efcc has arrested this person, that person and detained so so & so. If at the end the Efcc couldnt get these purportedly corrupt individuals indicted & convicted by a proper court of law, then this would be a huge joke.
The war on corruption can only be won if its realy institutionalised and not to the whims and caprices of any sitting president.
Obasanjo did well in creating the Efcc, Buhari should go further to reform the Efcc and the Judiciary in line with my above suggestion so that the war would not continualy run into quagmires..[/b]

chernest2002:
please did all this people collect all this money at gun point or did dasuki or Gej willfully gave them these money? Why are they arresting the receiver without the givers?

Has Dasuki not been arrested? As for GEJ he couldn't have given anyone money directly as president, he must have used people like Dasuki. Besides I believe there is a gentleman's agreement between PMB and GEJ that the former president will personally be left alone.

Trafford:
I'm tired of all this. I need to hear stories of reviving our dying economy and not all this Dasukigate crap everyday!!!

You don't think we should figure out why our economy is dying first before we can talk about how to revive it?

luvinhubby:

So the man was released without arraingment, taking of pleas or bail before any court or judge in Nigeria by a law enforcement agency when they told us EFCC will not entertain plea bargain.

Taah !! You can only fool a fool & am not one.

When did they tell us that EFCC will not entertain plea bargains? PMB has maintained from the beginning that those who return looted funds will not be prosecuted. Besides technically this is not a plea bargain as that can only happen in court to get a more lenient sentence. This is EFCC using its prosecutorial discretion to achieve a more desired objective which is the return of looted funds. It is better for Nigeria if looters return their stolen money rather than to get two years in prison like Bode George and then come out to still enjoy the stolen funds.

Demmocrats:
So OP the minister is better than those that fly economy

Under Jonathan how many ministers did you see flying economy?

BrosPeter:
Same as Buhari who said he only received $300,000 and 3 SUVs.

Buhari received 2 SUVs not 3. But he didn't receive any money at all. The $300,000 rumour is pure fiction and the SUVs were his entitlement as a former head of state.

If the alternative is Goodluck Jonathan then most definitely yes. But if the alternative is Pat Utomi or another intellectual progressive then no.

By 1827 the Europeans had already been in Africa for over 300 years. The actual colonization activities didn't start until the 19th century but the exploration of Africa started in the late 15th century. The Portuguese were the first to arrive and they were the ones who gave Eko the name Lagos meaning lakes. They also gave the then Biafra area its name.

Nigerian President Muhammadu Buhari, elected on a pledge to tackle corruption, holds talks with the International Monetary Fund on Tuesday as the country seeks to spend its way out of an economic crisis fuelled by plunging oil prices.

The Fund said on Monday its managing director Christine Lagarde would meet Buhari and his Finance Minister Kemi Adeosun.

"I look forward to productive meetings ... as they address important economic challenges, most importantly the impact of low oil prices," said Lagarde in a statement.

The statement gave no other details, but the meeting suggests an acknowledgement of Buhari's efforts to revive Africa's largest economy.

He was elected in March after a campaign in which he promised to clamp down on the endemic corruption that has left many Nigerians mired in poverty despite the country's enormous energy wealth.

He then announced a record budget for 2016, forecasting a doubling of the deficit to 2.2 trillion naira ($11 billion) and a tripling of capital expenditure intended to help the country adjust to the downturn in oil, which has lost around two-thirds of its value since mid-2014.

It has foreign currency reserves worth around $30 billion, and plans to borrow as much as 900 billion naira abroad to fund the deficit, which is equivalent to 2.16 percent of gross domestic product, Buhari said. Some 984 billion naira would be borrowed at home.

Nigeria relies on crude exports for more than half of state revenues and is Africa's top oil producer.

It is also facing an insurgency by Islamist group Boko Haram, which has killed thousands and displaced more than two million people in the remote northeast and raised concern among potential investors.

Lagarde is due to arrive in Nigeria's capital, Abuja, on Monday. She is due to give a speech to lawmakers on Wednesday and will also meet business leaders during her visit, the IMF said.

Lagarde will also visit neighbouring Cameroon, where she will meet President Paul Biya and his economic team.

The government of the central African country that exports coffee, cocoa and oil tabled a 2016 budget of 4,200 billion CFA francs ($6.9 billion) in December.

Cameroon is part of an 8,700-strong task force including troops from Chad, Niger, Nigeria and Benin that has pledged to destroy Boko Haram, which though based mainly in Nigeria has become a major threat to regional security.

Lagarde will also meet Finance Ministers from the six member countries of the Economic and Monetary Community of Central Africa (CEMAC), delivering a speech to the group on Jan. 8.

"The country (Cameroun) and the entire CEMAC region are confronted with the twin shocks of the oil-price slump and a surge in disruptions related to security," Lagarde said.



Source: http://news.yahoo.com/imf-head-visits-nigeria-president-seeks-way-economic-114636754--business.html

I'd never even heard of this guy before this whole headies thing.

A Nigerian man living in the U.S. on a student visa faces federal wire fraud charges in connection with a sophisticated email phishing scam targeting businesses.

Amechi Colvis Amuegbunam, 28, of Lagos, Nigeria, was arrested in Baltimore in August and charged with scamming 17 North Texas companies out of more than $600,000 using the technique. He remains in federal custody in Dallas. If convicted, he faces up to 30 years in prison and a fine of up to $1 million.

He is accused of sending emails that looked like forwarded messages from top company executives to employees who had the authority to wire money. Amuegbunam tricked the employees into wiring him money by transposing a couple of letters in the actual company email, authorities said.

The FBI issued an alert earlier this year about the new cyberattack it called the “Business Email Compromise.” The FBI said it is a “growing fraud that is more sophisticated than any similar scam the FBI has seen before.”

Federal officials say more than 7,000 U.S. businesses have been scammed out of a total of about $740 million.

“It’s a prime example of organized crime groups engaging in large-scale, computer-enabled fraud, and the losses are staggering,” said Maxwell Marker, an FBI agent who oversees an organized crime section, in a recent bulletin.

The FBI said it’s the work of organized crime groups from Africa, Eastern Europe and the Middle East.

The Dallas investigation began in 2013 when two North Texas companies reported falling victim to the scheme, each losing about $100,000, according to an FBI complaint.

In the case of Luminant Corp., an electric utility company in Dallas, an employee with the authority to wire money received an email from someone who appeared to be a company executive, the complaint said.

But the email domain name had two letters transposed. For example, someone created the email with a domain name of lumniant.com.

The duped employee wired $98,550 to a bank account outside Texas.

The FBI subpoenaed information about the email account and learned it was created by someone named Colvis Amue, the complaint said.

Agents determined that person was Amuegbunam and that he scammed another company out of $146,550, according to the complaint. A third company realized the phishing email was fake and did not send the $381,903 requested.

“The Dallas FBI quickly learned that this was a widespread scheme,” the complaint said.

The FBI has identified five other conspirators who live in Nigeria who are subjects of the investigation.

In these scams, “money mules” are employed to accept the initial transfers into their personal bank accounts. They then are told to quickly transfer the money elsewhere, usually to a bank account outside the U.S. The money usually ends up in Asian banks, including those in China and Hong Kong, the FBI alert said.

The criminals have become experts at imitating invoices and accounts, agents say. The fraudulent emails are typically well worded and specific to the type of business being targeted, the FBI says. The phrases, “code to admin expenses” and “urgent wire transfer,” are frequently used.

In one recent case provided by the FBI, a company accountant received an email from her chief executive, who was on vacation outside the country. He asked her to transfer money for a “time-sensitive acquisition” before the day’s end, according to the FBI. The executive said a lawyer would contact her with more information.

The accountant said such requests were not unusual.

The lawyer sent her an email with her CEO’s signature on a letter of authorization with the company’s seal that was attached. The email gave her instructions to wire more than $737,000 to a bank in China.

The accountant learned about the scam when the CEO called the next day, saying he knew nothing about the wire transfer request.

The FBI said criminal groups usually target businesses that have foreign suppliers or regularly make wire transfer payments.

“They have excellent tradecraft, and they do their homework,” Marker said. “The days of these emails having horrible grammar and being easily identified are largely behind us.”



Source: http://www.dallasnews.com/news/crime/headlines/20160101-nigerian-charged-in-sophisticated-email-scam-is-in-custody-in-dallas.ece

Published: 01 January 2016 11:01 PM
Updated: 01 January 2016 11:15 PM

You people should please leave Madam Kemi alone. It's not good to make fun of the mentally ill.

The actual reason you can't pay for your acca exams is because Jonathan and his cronies squandered our foreign reserves on elections shortly before the price of oil totally collapsed.
There's simply not enough foreign exchange available to the Nigerian capital markets anymore.

Nowhere in the Qu'ran does it say women must wear hijab.

Souljaboi1:
Which school of thought defined Hijab as that ? When your Lord revealed the Qur'an and ordered the Muslim women with the Hijab; tell me if what you typed up there was what was being referred to.

criminalmindz:
THRASH. ITS NOT PART OF YOUR CULTURE TO COLLECT BRIBE BUT BUHARI THE YAM EATER TOOK $300,000 BRIBE. WHO IS FOOLING WHO?

Be careful how you spread lies. It's because of people like you that the restrictive social media bill is being considered. There is no reliable source of that $300,000 accusation you are making, and the presidency already responded that no cash was offered or taken.

EternalTruths:
When I tell people that Buhari has no God's grace backing him, they think I am being sentimental.

See how the God of the 5% is fighting back for his people.

This is foolishness. To think that God is fighting for his people by afflicting them with economic hardships.

magmack:
None of my business.
How does it CHANGE d price of a bag of rice ds December

It might not change the price this December, but it could possibly change it next December. If we ordinary Nigerians get serious about ending corruption in our country then it will result in a better and more productive economy for all of us.

judiciarypalava:
What is good for "goof" should be good for "ganja" also.

The likes of Amaechi, Fashola, Sylva, Fawemi etc were rather rewarded and never been invited by the anti graft in spite of the numerous petitions.

Buhari's anti corruption campaign is bias on arrival.

Their time will also come, one way or another.

OZAOEKPE:
I AM DEDICATING THIS FTC TO ALL THOSE THAT VOTED FOR APC, MAY THEY OPEN THEIR EYES TO SEE THAT THIS COUNTRY IS GOING INTO A RECESSION.

If we had voted for PDP to remain in power the country would be in a depression by now. No be only recession.

maupe:
This is a big mistake by our President. He should have met with Hassan Rouhani, the President of Iran or Elham Aminzadeh, the female vice president. The Ayatollah is the worst person for a President to tie himself to. He has made countless inflammatory statements against the west, the US and the sovereignty of the Israel state. This time, our president got it completely wrong. What would our allies make of this.

You're wrong. When a head of state travels to another country, the protocol is that you should meet with the counterpart head of state, unless there something amiss in their relationship that is the standard. In Iran, the Ayatollah is the head of state, President Rouhani is just a figure head and PMB did the right thing on this trip.

My guy pls go for the engineering degree. It's in line with your career path. Besides being a male nurse in Nigeria can be a dead end if one is not careful.

denedene:
Bring fuel first then we can about this corruption

This corruption, as you put it, is why there is no fuel.

mike404:
KWARA STATE IS A YORUBA LAND LOL YOU GUYS ARE FUNNY SET OF PEOPLE. LEMME REMIND YOU THAT ILORIN IS AN ISLAMIC CALIPHATE. ANY ATTEMPT BY YALL YORUBA LAND GRABBERS TO ANNEX KWARA STATE WILL BE RESISTED BY YA Fulani MASTERS.


KWARA STATE WAS CONQUERED VIA JIHAD AND SO SHALL IT BE

Ilorin is just one town in Kwara state which is a very big state. Most of the towns and villages in Kwara state are Yoruba including Ilorin by the way, even though it is ruled by an Emir.

NickMark1:
he is a kogi man 4 ur info...u don dey claim am nw nw ....9ja!

Are you saying because he's from Kogi state he can't be Yoruba?