₦airaland Forum

RuudVanNisteroy:
You don't just wake up and gather money from your closest friends and start a bank. I am always concerned with source capital for any business. We have a serious money laundering problem in the country, where generals and politicians are always looking for businesses or fronts to turn their dirty money clean.

RuudVanNisteroy:
He acquired Standard Trust Bank in 1997, under Abacha was still ruling. Not much is said about what he did prior to acquiring the bank with a number of investors and what other business concerns he got the source capital from. Money was scarce during the 90's except you had connections with government officials.

Abbeybailey:
7Let me refresh your memory feedthenation, it was couple years ago in the same Minneapolis when a Somalian American police officer mistakenly shot a white lady dead, guess how quickly the black police officer was arrested and prosecuted and he got 15 years in jail for killing a white lady. See the difference and some clowns will come on Nairaland spouting garbage as usual. I fully exercise my 1st Amendment right because ain't going down without emptying my Glock.

A Federal High Court in Abuja has affirmed the powers of the Independent National Electoral Commission to deregister political parties, which failed to comply with the provisions of the law particularly Section 225 A of the 1999 constitution as amended.

RuudVanNisteroy:
I admit I will have to remove my President Elumelu . He is one of the overnight billionaires that started a bank in the 90's.
https://www.nairaland.com/5690877/dream-team-transform-nigeria-2023

Agboriotejoye:
As I've been said severally. On whatever authority or for whatever reason, what is obvious is questions can be asked.

Greatzeus:
Your situation is as a result of Nigeria's economy and lack of opportunities.

Greatzeus:
[s][/s]
Now take a deep breath and type your comment again,this time reasonably

RuudVanNisteroy:
Even Kenyan's leaders are mocking Nigeria for being the headquarters of corruption.

Agboriotejoye:
Wealth o. Income o. All na same wrapper tie them.
You're just being mischievous or maybe still ignorant.
The important thing is that the source of the income/wealth must be clearly shown. EOD

RuudVanNisteroy:
I never said wealthy means crooked. I simply stated it is not out of place to probe the source of wealth of overnight billionaires in the corruption capital of the world. And my cabinet consists mostly of corporate titans that reached the pinnacle in the private sector.

RuudVanNisteroy:
Under Buhari- Nigeria became the poverty and corruption capital of the world. Politicians like Dino Melaye openly flaunt their N3 billion($7 million dollar) car collection, former Chicago drug baron is moving 2 bullion vans to his residence in broad daylight,Governos are openly collecting $5 million dollar bribes on video and Army Chief is acquiring mansions in Dubai with his "savings from his snake farm".

RuudVanNisteroy:
I agree we have another chance in 2023 to salvage Nigeria. Here is my Dream Team to transform Nigeria to an economic powehouse.

https://www.nairaland.com/5690877/dream-team-transform-nigeria-2023

budaatum:
That was my question! But I seem to be being told they have failed before even starting!

By working with RuudVanNisteroy who proposed him, I hoped. But it seems he's decided to fail before we even begin. If he had stood firmly behind his man, same way those who put the "Tinubus, El-Rufais, Atikus and other jokers that will keep the country fantastically corrupt" on the mantle of power, which is by campaigning and appealing to the majority and getting whoever we want elected.

If some Nigerians who "love their fantastically corrupt leaders who use bullion vans to share cash to them and provide stomach infrastructure in the form of rice, eba and egusi" can get their jokers elected, we smarter people (and I'm hoping we are smarter), should be able to beat them even "with this Nigeria Electoral system", and elect those who would help us get "electricity, portable water, sanitation network and hospitals" that we seem to want.

RuudVanNisteroy:
An accessory of theft is equally as guilty as the thief. Buhari has a track record of defending thieves caught red handed stealing like Abacha,Ganduje and Atiku Bagudu- who helped Abacha launder billions of dollars and was even jailed in America, before his return to Nigeria.

RuudVanNisteroy:
Why did your idol "Saint Buhari" absolve one of the greatest looter's the world has ever known Abacha ? And you say he is better than IBB, when they are nothing, but birds of the same feather.

RuudVanNisteroy:
The problem is the acquired the luxury vehicles,mansions in and outside Nigeria and liquid assets after they got into politics. Can you point any factory's they owned before they got into politics.

RuudVanNisteroy:
What is the difference between Abacha,IBB and Buhari. After all Buhari said Abacha never stole.

RuudVanNisteroy:
In saner climes the tax authorities can investigate you either through tips from whistleblowers or through wealth that cannot be accounted for.


You can't be driving around in a $350,000 Rolls Royce Phantom and your tax records show you only paid $10,000 tax and declared an income of $50,000 or be living in a $2 million dollar mansion when you tax records show you only earned $150,000 over a 5 year period.

RuudVanNisteroy:
You reason like a crook that is why you see the APC of Buhari,Tinubu,Ameachi,Akpabio,Ganduje as better than PDP. And can't see the only difference between the two crooked parties is just party name.

Xeeex:
Why don't we focus on the source of our poverty instead?

Agboriotejoye:
Well, officially, you're expected to pay tax on your wealth and spending. Part of the info required is the source of your wealth. Woe betide you if you lie. In saner countries that is.

RuudVanNisteroy:
How can you support Bubu?Where were you, when he said Abacha never stole and said he doesn't know the technology used in the tape, showing Ganduje collecting $5 million dollars in bribe and when he was campaigning for Atiku Bagudu to be Governor of Kebbi state who helped Abacha launder billions of dollars and was going to receive $100 million dollars out of the recently returned Abacha loot, before USA stepped in.

You are part of the crooked system and support the enablers.

Agboriotejoye:
Crimes which were tied to their ill gotten wealth. Go read about them before you start forming knowledge that does not exist. A closer example is that of Allen Onyema recently. You can tell me the crime he committed to warrant his investigation. You can also tell us the crimes Donald Trump has committed to warrant his been heckled to release his tax returns. A lot more examples abound of wealth being questioned in those countries among others.

Agboriotejoye:
And here you are saying the wealthy are never investigated. Pray tell, was Cameron's father the subject of an armed robbery to warrant this investigation?

RuudVanNisteroy:

https://www.youtube.com/watch?v=Wg7lfHL_l1w

RuudVanNisteroy:
[b]That is not true- were Ekeremadu,Amaechi,Uduaghan,Wike,Dino Melaye etc wealthy before they entered politics?[/b]If you needed to be wealthy: then why has $600 billion dollars been pilfered since 1960 and why are majority of federal,state and local government allocations looted by the wealthy elected politicians?