₦airaland Forum

Russia very notorious for racism. others are researching on how to solve the various problems facing the world, this nonsense is what they researched on.

what kind of country is this naira would rise for two days by 2% and have a continuous fall for weeks and months by 20%. .. truly everyone needs to go their separate way in this useless country.

u can imagine the amount of money theses communication thieves are making ripping off Nigerians. these is another sector buhari needs to take his mantra change to

u can imagine the amount of money theses communication thieves are making ripping off Nigerians. these is another sector buhari needs to take his change to

which legacy funny people, amaechi did nothing in rivers the moment he moved to APC. he was probably saving the funds for buhari's election.

as we can see the west controls the world, military might and good and insightful leadership is the only way to break out from the shackles of western neocolonialism. I don't blame n.Korea for pitting military first in their daily lives just that they have bad leadership. no country in the world even america would attack them cause the have the N.bomb. Nigeria needs to start controlling its resources and push out all these western vultures. believe me if African countries starts controlling its resources most of these western empires especially in europe would crumble as they are broke and poor just feasting of africa .

so this is how the senate would continue. I can imagine the number of bills pilling up.

this man should be given an award for the way he handled the nscdc.

I don't read all these boko haram news, as long as they keep their daily bombings in the North.

maybe the Nigeria made up of north and west.

one thing I like about this man is his ability and tenacity to resist western imperialism and he is a core patriot. not like the looters, selfish, illiterate and parochial leaders we have in Nigeria.

rubbish talk. what were there reasons for the mistrust... or he refused to sell Nigeria to them, aligning more with the Chinese

nice, at least now their friend is in power so no pilot who is sent to bomb those boko animals can say the bomb refused to eject. like what we had during gej days

when the one at the top was a military dictator, the one in the west has decided to impose his children as governors. u shouldn't expect democracy from them

haha haha psychiatric evaluation, certificate of fitness... this one na smackdown

hope George bush and his friend Blair were added for their useless killings in Iraq and the middle East

that's tinubu right hand, its either he spent most of the state's funds on buhari's election or he has stocked them at bourdillon. sometimes u begin to wonder how these people rise to such position.

tell, them governors only interested in looting. the only forward thinking gov we have had are fashola, Sullivan chime and probably akpabio. the rest especially those in the poverty stricken and terrorist infested north are the most backwards and highest looters

stories every day. I think this govt is playing a psychological game with illiterate nigerians. always bihari would do this, buhari would probe snake market, bihari set to fly to Jupiter, buhari visits Afghanistan. all this is to reduce the pressure the nigerian people put on the govt and to configure the mindset of the masses that the govt is working for them. it then translates to this their new slogan "give the govt time" before the masses know it they have giving them all the time with nothing to show for it.

I pray this govt exposes them because will all know whose govt those assassination took place

MosakuAW:
Business as usual....

Another avenue to make more money.

Must one visit a prayer mountain before prayers can be answered.

God is inside my car,house,office infact everywhere. I dont need a prayer mountain to chat with my Almighty God.

God is great and forever will He.

two bottles of Pepsi for u

the only reason obj is still relevant today us because he sold Nigeria to the west, eg bakassi. this man is one of the most corrupt men in Nigeria, under his regime we had harliburton scandal, 16billion dollars spent on power while darkness was still at large, 1 trillion naira of oil ship disappeared in the sea etc . the west turned a blind eye because he was licking their ass which I believe if gej did he would have won the election. obj the self righteous criminal.

we are doomed in this country 300million when the one we have now can't be taken care of. the govt should better introduce a law on birth control. not more than 3kids per family. may God help us in this part of the world

he looks better like this... just like his fellow alarmist oby ezekwesili

White-collar criminals who launder billions by buying luxury UK properties must be tackled, Prime Minister David Cameron said on Tuesday. Experts warn these fraudsters are distorting the UK property market and pushing up house prices in the process.
TagsCorruption, Crime, Finance, Global economy, Politics, UK

Cameron’s criticism of money laundering formed part of a speech on financial secrecy in Singapore.

He expressed deep concern that luxury properties, primarily in London, are being purchased by foreigners through opaque shell companies to launder dirty money.

While tax evasion and corruption are likely to be the most common sources of ill-gotten gains in Britain, drug dealing, human trafficking and black-marketeering in the face of sanctions are also potential origins.

Cameron said offshore firms own a £122 billion share of the UK’s property market, and many of these “high value” properties are bought through secretive holding companies nestled in tax havens.

“I want Britain to be the most open country in the world for investment. But I want to ensure that all this money is clean money,” Cameron said.

“There is no place for dirty money in Britain. Indeed, there should be no place for dirty money anywhere.”
Money laundering haven

In March, it emerged Scotland Yard suspected criminals, tax evaders, human traffickers and drug dealers of having laundered billions of pounds worth of dirty money by purchasing British properties through anonymous offshore companies.

The sheer scale of the problem was uncovered in a report produced by anti-corruption think tank Transparency International (TI) UK. Titled ‘Corruption on Your Doorstep,’ the study warned the UK had become “a safe haven for corrupt capital stolen from around the world.”

The Metropolitan Police said at the time more than £180 million (US$276 million) worth of British property had been subject to criminal investigation since 2004 as potential proceeds from corruption. Detectives added this figure was merely the tip of the iceberg.

Among the foreign fraudsters who have bought multiple luxury properties in London, is a convicted Nigerian ex-governor and white collar criminal.

Reflecting on this case, Cameron insisted the UK must not become “a safe haven” for dirty money plundered from impoverished people.

In London, roughly 36,342 properties have been purchased through clandestine front companies in offshore tax havens.

Favored locations include the British Virgin Islands, the Isle of Man and Jersey.

Britain’s wealthiest borough, Westminster, has the highest proportion of properties held offshore (almost 10 percent), while Kensington and Chelsea follows closely (7.3 percent).

Although many of these sales remain secret for privacy purposes, a large proportion are thought to have been purchased to stash ill-gotten gains.

Director of the National Crime Agency’s Economic Crime Command unit Donald Toon warns foreign criminals are distorting Britain’s property market.

“Prices of high-end property are being artificially driven up by the desire of overseas criminals to sequester their assets here in the UK,” he said.

“If they [estate agents] have a suspicion that there may be money laundering involved then they absolutely should be submitting a suspicious activity report. You are at risk of committing a criminal offence if you do not do that.”
‘Corruption is an enemy of progress’

On Tuesday, Cameron pledged to bring in new measures to fight money laundering in Britain and cultivate greater transparency. He announced plans to introduce a central public land registry of offshore firms that will lay out what land they own.

Although it is currently possible to discern the names of UK individuals who own property deeds by submitting an application, the updated land registry will make this process easier, offer more detail and cover offshore firms.

The government will also consult experts on whether to diversify the register to include both the true owners of UK firms and the owners of offshore companies with government contracts.

Such a move would tackle financial secrecy and make it easier for UK regulators, MPs and transparency campaigners to decipher the owners of properties used to clean dirty money.

Cameron warned corruption is “an enemy of progress,” and called for British and global authorities to “step up and tackle it.”

He announced plans to hold an anti-corruption summit in London in 2016 in a bid to fight corruption at the heart of British institutions. He also vowed to maximize the government’s use of international aid to improve global governance and fight corruption abroad.

TI UK welcomed Cameron’s commitments on Tuesday.

It called for greater transparency with respect to offshore ownership of UK properties, and urged the government to force foreign property owners to adhere to the same transparency standards as British firms.

TI UK’s Head of Advocacy and Research Nick Maxwell backed Cameron's proposals.

“An end to secret offshore company in ownership of UK property and in UK procurement can help shift the UK from being a safe-haven for illicit wealth to a place where dirty money is not welcome,” he said.

Maxwell warned, however, the way in which this policy shift is implemented is key.

“The UK is leading by example, but many loopholes still exist for the corrupt to launder money in other markets,” he said.

“Transparency should be the new norm of international business. It is also important that the UK addresses domestic corruption risks, including cleaning up politics and ensuring the UK’s anti-bribery legislation is not watered down.”

Cameron’s proposals to clamp down on money laundering were sharply criticized by some commentators on Tuesday.

Tax and property experts said publishing details of legal property owners will do little to catch white-collar criminals.

Henry Pryor, a buying agent for the luxury end of Britain’s property market, said the government’s promised transparency in property ownership wouldn’t stop fraudsters from hiding their assets.

"If criminals can get access to these assets - and trade them overseas - it makes it very difficult for the authorities to understand exactly where the ownership really lies. That remains the problem," he told the BBC.

“There is a ridiculous presumption that criminals follow the rules,” offshore tax expert Mark Davies added.

“If Mr Big wants to hide laundered money and he wants this to remain hidden, he will simply have someone else named as the owner of the property.”


http://www.rt.com/uk/310956-dirty-money-corruption-cameron/

I have said it before, the only thing that can move this country forward is 1- ) a patriotic military ruler, willing to kill and jail all theses looters and economic vampires, (2)- a peaceful populist revolution by the Nigerian people, (3) operating a true federal system where all states control their wealth. if not even Jesus Christ and Mohammed would fail in leadership position in this useless country.

hahahaha ,, I love this man.. oga crusher

Snipes009:
Since your dumbass no go kuku read your bible well. Next week Sunday, when you get to church, tell your pastor to read Luke 22:36 for you. But before then, please stay off my D....and don't come here trying to explain that verse to me. Your brain needs to be recalibrated.

from ur write up I can see u re uneducated and confused. u know so much about the bible and u don't know or don't want to know that verse. sorry

kingwhiz:
why can't you just do your studies for once and stop spilling lies you heard people say around....
you are very wrong..

'enough said!

nairaland is a place for education and learning. pls educate us on the truth.

Snipes009:
Same Christ that called for swords Look beyond your nose lil nigga. Make use of the little brain God gave you....

u should be the one to make use if the little brain God gave u. when peter cut the ear of the soldier who came to arrest Jesus, what was he told. to shealth his sword

bulakos:
My friend you know nothing about about Islam and Jihad, you don't know what is the stand of islamic perspective in terrorism. You don't read books, and obviously you don't read your bible. Go and make profound research about Islam is there you will know the true meaning of peace.

Assalamu Alaikum.

u should have explained the stand if Islam on terrorism. pls since u read books a lot can u tell me some books I could use to get more knowledge.