Guestlander:


America doesn't go after every suspect they will like to catch. They just wait until you enter their net.

So if you are FBI (one of the biggest force in USA) looking to arrest a suspect and you hear your government is denying that suspect visa you will keep quiet.
They will not want to pursue Atiku yet they extradited Ibori from that same Dubai he is going to.

olajizz01:
Visit America first,then I will take you serious

Just a simple question, if FBI is looking to arrest him, will they be denying him visa or looking at how to extradite him?

deomelllo:

www.nairaland.com/attachments/8247742_aa_png321532365639f31b3b9f8ea8be0c6be2

www.nairaland.com/attachments/8268769_dtcdbfvx4amxtge_jpeg61aadeb2c5696fca41f86d7ad426a8f7

On the other hand, Atiku is a global bribe taker,a petty thief, voracious and prolific looter.


America is waiting.





lol @ atgiefKUlkooter forming yanga in Nigeria..


If den born you well, enter plane go america and form the same Yanga.


Like PMB said, you are a sad byproduct of a failed and lawless system in Nigeria.

A simple question for you, if USA is looking to arrest Atiku, will they be denying him visa or working to extradite him?

martineverest:
u clearly don't understand tech deeply...all windows devices don't run same operating system.windows 10 mobile is different from Windows 10 .windows 10 mobile is the is used by Windows phones when windows 10 is the is used by Windows tablets like surface pro, galaxybook etc and laptops

OK. Thanks for the info

martineverest:
windows phone is different from Windows... I'm talking about desktop OS not mobile

have u heard of Samsung galaxybook or Huawei matebooks?

The last I checked all windows devices operate same OS. And your last post clearly mentioned tablet, not desktop. For desktop windows will remain on top. But for phones and other gadgets, na Android get am o.

martineverest:
and do u realised that windows tablets is already pushing iPad and especially Android tablets to oblivion?

Sir, I think you are talking about another planet. All window phone users are ditching their phones like it is poison. It has connectivity issues with other phones, hangs up and down and expensive spare parts. There is no where on earth the windows tablet is pushing out Android tablets for now. Maybe in the next 20 years if google is sleeping

Zoharariel:
Believe the Nigerian Army at your peril.

Like I always say, I want to be an Entrepreneur like Aliko Dangote & Femi Otedola, not a dog ripped apart by Boko Haram's 50. calibre machine gun & given a closed casket burial by the Nigerian Army.

By the time Boko Haram finish killing all of you deployed to Bornu, Yobe & Adamawa, the Nigerian Government will do the right thing by enlisting the help of Mother Russia in tackling the root of this insurgency - which is being masterminded by the Israeli Mossad & the Amerikan CIA.


https://www.youtube.com/watch?v=FENPN6eVblQ

Might have believed him, until he added Israel. Those guys dislike the Muslims with passion and would not do a single thing to come to their aid.

andyanders:


You can imagine how the police wants to protect their own for killing someone, by stating that he was attacked by many people at an ATM at the bank and he responded by firing at the officer to his death,

In fact, unless the air force doesn't know how to go about their own. How come a police officer stationed at the bank would shot at someone who is not armed? Too bad.

Bro I don't know the whole story but I know the moment a policeman is attacked by more than one person or a person physically bigger than them it is in their right to use their gun.

Do you know if his weapon is taken from him and used to attack the bank he will be in big trouble?

ImperialYoruba:


There is no PR that can defend anybody moving $2.8million in cash through public access, when facilities exist through a Central Bank to exchange the transfer safely and risk-free. NONE!

Those two guys could have been killed and the money gone into thin air.

If i ever hear that GTB transfers money so carelessly as done here by Union I will initiate a class action lawsuit against them for negligence of contract and knowingly exposing our investments to irrecoverable risks.

Union bank scr3wed up by publicly accepting ownership. They expect applauds from d0mmies...but serious investors will chop off their heads.

Bro, gtb does it, and who will kill them inside an airport? They will have designated cab and security that picks them to and from the airport. And airport security is quite tight. When last did you hear of bag snatching inside the airport itself, not to talk of murder. Bro ask your banker and confirm. I for one asked 3 bankers from various bank and they confirmed they all do it. Ask also of the time it would take to process a complaint of this magnitude.

budaatum:

Which kind letter? If you were in charge of moving this amount of money for Union Bank would you not glue phone to your head until money reach? Efcc call you, write you letter, phone you you no answer come de tell us you get case!

That kind nonchalantly is like dark ages type!

Believe me, the person in charge of authorizing that amount of money would not have time to be glued to his phone. He will have meetings upon meetings to attend without the time to check his phone every minute

budaatum:

Electronic transfer. Digits on paper. The money itself does not need to move!

That would only work if the end clients would accept to trade with transfer. Now imagine going to a bank to withdraw cash and they tell me they don't have cash and I must use transfer. What do you think will happen?

budaatum:

Yes! There is no reason to physically move such a huge amount of cash. You intra-bank transfer and settle your accounts on paper. It's not Dugbe market, cash only!

Sir, you do know how long it takes to pay a check into an account when the check does not come from their bank right.
Now imagine how long it would take CBN to receive and approve the transfer to the next branch when the cash on the otherhand is needed as soon as possible.
Secondly, CBN does not have a branch in every local government, In fact in Delta I think the only CBN branch is in asaba. Now imagine the risk of a bank in warri needing to go to asaba to pick up the cash. So, how would they take the money when the CBN is far from them?

budaatum:

Trust me, anyone can sleep two days with that sort of money not where its meant to be get yawa no be small!

Bro, it is for a bank, not for a single person and while the money is large, they don't really have to monitor trusted couriers that much. In the mind of the sender, delay might be due to other factors. Another thing you should reason is this, would a manager that can approve this amount of dollars be free to answer his email at once, or busy with other things?

budaatum:

Please do not insult the stone age! I went through many post before I got to your own, the first post from a person with a brain that works, so stone age is way too close to today for the brains of the idiots who do not understand that it is illegal to transport such a huge amount of money internationally when the limit is set at $10k.

I would say air age, or carbon age even, but I think I'd have to go to pre-big bang age to find an age that would not be insulted too much!

Please be warned! And thank you for existing.

First of all, the transport is a local one, not an international one. Secondly, banks cannot use that method in US as the dollars is their official currency, it is not in short supply in USA. It is just like saying union bank will want to transfer naira with flight when their closest branch will have naira to spare.

It is for foreign currency they use the flights for, not local one. Foreign currency unlike local currency are finite in availability. Please answer me this, do merchants use flights to transport diamonds in USA? Yes they do, because unlike the dollars, diamonds are not their everyday currency, but try transporting the dollar equivalent of that diamond and you would be in trouble.

ImperialYoruba:


It can be completed in 5mins.


I work in Corporate and have dealt thoroughly with the issue of communication and its value to building relationships and influencing your opponents to support your position beyond themselves.

Take weapon out of your opponents hands. You can do it effectively with communication. Union bungled the opportunity....but, its not too late to recover from it.

I would advise they desist from issuing any more public statement and return the contacts to its standard procedure. Get Legal in so they can do their job and resolve with EFCC.

Chairman 5 minutes is not possible, it will take at least 24 hours. I just consulted with a banker now. He told me before they can reply a mail from efcc would take at least 2 working days.

ImperialYoruba:


They dont need to wait till Monday.

Every bank has a fraud investigation unit. Are you aware of this? If not Im letting you know they do.

EFCC has the contact to every bank operations under the jurisdiction of CBN. Are you also aware of this?

Every bank's investigative unit is considered an independent department that reports up to the executive of the bank...and not to the branch manager. In other words they do not work for the branch manager of a bank.

When EFCC sends a investigation query it goes to the Bank's Operations Hq and where the investigative unit usually have its staff.

Responses to EFCC will originate from the Operations back to EFCC. That's one line of correspondence.

There is a second line of correspondence, between the Head of Operations and the Director of Investigation Unit.

The Director opens a line of communication with the affected Branch Unit Manager. Thats the third one.

The Head of Operations will acknowledge back to EFCC that their letter was received and a review is underway, and they should expect an update back within a timeframe. In this letter the H of OPs will ask for consideration in view of the holidays and off season schedules.

When the Director gets response back from Branch it is communicated to Head of Ops who must invite the Head of Legal in and share the EFCC inquiry and the response back from Branch Mngr.

Once Legal is involved, all communications from that point forward is between Legal and EFCC.

Legal will be using Investigative unit to do field inspection and tests and using the results to frame a position of the bank.

This is the procedural standard.

On the issue of what has happened, the bank breached the procedure. Twice!

1. They did not acknowledge EFCC inquiry.

2. They did not offer a legal correspondence back to EFCC. Instead they used their media dept to do PR job.

That is what I am saying. All these correspondence you said is done via email, not calls. The report said EFCC tried calling, not emailing them. Calling is not an appropriate means of communication for this kind of issues.
If EFCC have emailed the query rather than called I believe they would have been responded to. Mind you anyone can place a call claiming they are from EFCC. But they both have each others official email.

Secondly, can you tell me the process you listed can be fully completed on a festive Friday 9 hour work shift?

seunmsg:
There is more to this story than what Union bank is disclosing. EFCC officials are not fools, they won’t have arrested the guys and make it public if there is nothing suspicious about the movement. I suspect the money was been laundered by the bank for a particular politician. There is a law that requires all travelers to disclose cash that is above $10k; did they disclose the cash before boarding the flight? I will wait for further disclosures from EFCC before taking a categorical position.

Bro, all men of Nigerian uniform parastatals are I'll trained, police, army, navy, customs even road safety. Ordinary common sense tells you that 24hrs is too soon to release details of such magnitude without reaching a certain level of investigation

ImperialYoruba:


My brother, dont let them deceive you with sweet sounding terms. In case you dont know what Bankers Warehouse is its a operator of bullion vehicles. Simple! Dont let these thieves use razzmatazz words to bamboozle you.

When a large amount of money needs to transfer from one local point to another you use bullion vehicles to do the job.

Typically they are means of transporting money between banks and retail points, never between a bank to another bank.

Assuming Union bank Lagos is transferring money from its bank to retail points in East. It will transfer the money to its branch in East and from the branch bullion vehicle will deposit to the merchants.


Union Lagos transferring money via bullion couriers to East through the air is already a violation of financial crime laws.

I hope you now understand the process better than the bullshyyte offered by Union using big words to pull a smokescreen over people eyes.

First of all sir, your second to last statement is false. Secondly, bullion van is usually inter city, not inter country. Thirdly, this is dollars, not naira. The amount of dollars in circulation is finite. Outside Lagos, I am fairly certain no other Yoruba state can raise 28 million dollars as they simply do not have the type of business to generate that amount within a short time.
Enugu does, as it is an industrious state.
So I need 28 million dollars, within a short time, I have it in my other branch and I want to transfer it by air. It is done regularly.
Finally, the banker's warehouse can and does transfer money from bank to bank. In fact in recent times all banks no longer transfer their money themselves, hence you see they no longer own bullion vans. It is the banker's warehouse that does all physical transfer of cash

ImperialYoruba:


Shut up there!

There is a standard accounting process for out and in, and for in and out, in all ledgers and accounting entries.

Money left Union Bank account somewhere and over 24hrs there is no corresponding IN to register its deposit at other end of the transfer.....should they not have raised alarm and started asking questions?

Even when EFCC said the money has been intercepted and contacted Union that released the money in its OUT transfer, should they not have responded?

They are responding on media because its PR to protect their brand....the money is illegitimate transfer.

We heard similar cover up when Ayo Oritsejafor was involved in money transfer to South Africa. Banks that were involved later did a PR cover up.

Corruption is in trouble. Buhari must get another 4yrs.

OK, first of all, in the trade of insult, you cannot win me, so I will notify you not to insult me again. Secondly, don't try to bring other cases into this, we are talking about this one. Thirdly don't try to make this political, we will be here all day.

Now to answer your statement, it is 1 billion naira, no investigation of one billion naira is done in 24 hrs.
Two, I am not arguing the standard procedure, I am saying with the pressure of the season, it will most likely be shifted to a time of lower pressure like Saturday. Also, with these kind of investigation, mails are the official channel of communication. EFCC aught to have sent a mail and waited for confirmation. And believe me, efcc have mails of all bank branches.

Thirdly, there are EFCC agents everywhere, if the calls where not being answered, it is an issue of sending one or two agents to the bank for confirmation.

They should have waited till Monday.

CoolAmbience:



What is this ignorance about media trial?

The media doesn't conduct trials....the 'concept' makes no sense at all. Is the media the court?

Bro, media can influence the decision or backlash received during and after a court ruling. It influences the decision of the juries, and do you know how hard it is to convince the public a man is innocent after the media has portrayed him as guilty? Life is made much more difficult for them

alezzy13:


Did you also read where EFCC said they had contacted the bank on the issue but got no response. Obviously something is shady.

Sir, this is Christmas season, all banks are full to the brim from morning till night. So you have an EFCC call coming in on the last Friday to Christmas, for an issue you are thinking can wait till Saturday when you don't have customers to attend to.

You do the maths.

zoedew:

You miss the point! The point is not how other banks also move cash but the propriety or otherwise of doing so in the manner now disclosed!! No armed guard. It endangers the life of the couriers and folks who share the same commercial flights with them. Folks will do anything to get at a billion Naira in forex even if they die trying! Chartered flights are better.

Actually sir, it doesn't. Unless you have not boarded a flight before, you should know that in an airport, an armed guard will make you noticeable. But a man carrying a brief case is one in a crowd. Also, unlike the car park, the number of touts inside an airport is greatly reduced. I can guarantee that if you snatch a bag inside an airport you will not get to the gate. All the cars parked in the airport are registered with the airport.

It is also almost impossible to rob a plane first of all. To do it without being traceable is outright impossible.

WaffenSS:


Please

You're better than this line of poor reasoning

In sane countries cash is moved in armored boxes secured in the holds of planes and accompanied by uniformed and accredited guards.

How is this emblematic of the 21st century?

We demand progress and compare ourselves to the US at the drop of a hat, but we excuse such shoddy arrangements simply because we love anything that allows us to blame the government.

Why didn't Union Bank notify the EFCC with legal documents BEFORE embarking on their misadventure?

Clearly even the airline is not aware of this arrangement.

This is dubious and absolutely unprofessional for a major bank.

I do agree with you. But the aim of banking like any other business is to maximize profit.

As it is not yet a law that the method you mentioned must be used, and the fact that robbing a plane is next to impossible, no bank in Nigeria would want to move money the way you mentioned above when they can do that with trackable and trusted couriers for one fifth or one tenth of the cost.

And if EFCC had proposed a bill to make this method of money transfer by bank illegal, they would have had no issue exposing them. But as of now, there is no law that makes transferring money within Nigeria through whatever means illegal, only attempted transfer of money internationally is illegal.

They were wrong. They should have done proper investigation. Most cash transfers are actually done in emergency. Look at the time they arrested them, 7pm, meaning the bank most likely gathered the cash at least 5pm and would have needed it in the branch by 8am. What EFCC office is open by 7am?

duni04:

Bros the EFCC has really tightened it's noose around bankers and the banking sector. Nobody can move money freely like used to obtain before. And in response to this, criminals and politicians have devised dubious ways of beating the system. One of them is to hide behind legitimate cash transfers between banks and use their couriers to transfer this money.
These guys may be genuine staff of bankers warehouse but I'm 100% sure they were carrying out an illegal transfer using paraphelenia of bankers warehouse and Union bank. That's probably why they didn't present documents to validate the transfer.

Bro, they did present documents, EFCC just refused to investigate those documents.

duni04:
There is no frigging way on earth this particular money transit was legit. If these staff duly presented letters of conveyance from the Bank, there is no way the EFCC would have detained them. The press release came from the EFCC head office in Abuja! They would have done due diligence and confirmed if the transit was indeed Legitimate.
This nonsense press conference from Union bank and Bankers warehouse is an attempt to quickly legitimise an illegal transit in which they were caught! That money must not be returned to Union bank under any circumstance.
I'm waiting for another press conference from the EFCC to counter these useless claims by union bank and Bankers warehouse. If they duly presented papers for a legal transit, there is no where they would have been stopped. Except they were using union bank and Bankers warehouse cover to launder money for someone.

Hmm, I take it you have never been arrested. Cos I have seen police arrest a group of boys just closing from evening service. Everyone around the boys where shouting to the police men that the boys were just coming out of the church. They were even telling the police to go confirm from the pastors, but the police men refused and took them to the station and asked for bail of #20,000 each. It was after a visit from about 8 lawyers from that were members of the church did they release the boys without a dime. And the police men that arrested them were nowhere to be found to answer if they investigated the shout of over 20 members who said the boys where just coming from the church.

I can tell you that EFCC did not investigate their documents. First of all, such investigation will take more than 24 hrs, but less than 24 hrs efcc released a press statement. Secondly, EFCC even acknowledged that the people told them of their affiliation with union bank and that was still under investigation.

EFCC should not have held a press conference this early into the investigation.

frank41:
Abeg...wch other bank does that? Just hearing such for the first time o. Conveying dollar to another country to the detriment of Nigeria/Nigerians.

They all do it. Move currency from branch to branch. The only reason they use flight for foreign currency is that unlike naira, the supply is actually limited, so the needed amount might not be found in the locality.

And mind you, it is not even the bank themselves that are responsible for moving money but the bankers warehouse. They are most likely moving the money from more than one bank.

WaffenSS:
Union Bank is primitive

In a nation prone to theft and illicit dollar transactions including money laundering, you still went ahead and engaged scruffy looking civilians to move around millions of dollars so casually.

If the transaction was not dubious the EFCC would've been well informed.

This is election season. We all remember how a certain minister moved billions in 2 airplanefull flights to Ekiti.

There has to be a better way of moving cash, not this caveman and suspicious approach.

Bro that is the whole idea. Make the person transferring such amount look as ordinary as possible so as not to attract attention.

The problem with the Nigerian uniform men is that they conclude as soon as they arrest. If you arrest someone and he makes a claim with evidence, you are supposed to investigate their claim before you post their faces all over the internet.

Now beyond disgracing themselves they have cost the jobs of these courier as their identity has been blown all because they were too lazy to further investigate.

EVarn:
True, but there are reasons for restrictions,and those restrictions are for the good of everyone involved. If any journalist want to cover anything, they should acquire the necessary permission from the Nigerian army.


In fact, I am aware that the army will be willing to provide security for such media coverage.

Bro first of all the Nigerian army will not give it. Secondly, many greatest stories that become headlines are stories that are gotten without permission from the giver.

This year alone, do you know how many leaks got out of the white house without permission of the president or chief of staff? Them plenty.

No military will give permission to any news agency when they are involved in human right violation.

Journalism is a risky profession, and those who are true journalists accept the fact that they can die on the job.

Above all, true journalism knows nothing like restrictions, they know a story and a source. If you like put 100 restrictions them go still attempt to find out about the thing you are restricting them from

No editor will ask you if you had permission. All they are concerned about is credible source.

Notice the army did not list out their actual crimes. They just gave a vague description and chunked it under national security.

Real journalist no day fear that one.

EVarn:
Training journalists to go into restricted zones in order to sate vain curiosity is dangerous.



I don't understand what you mean by "for no potent reason", if the fact that those restricted areas are terrorist hotbeds and classified as Theatre of War(TOW) isn't potent reason enough to warrant military restrictions, then perhaps we need to reinvent the meaning of potency.


If those same journalist get kidnapped and hacked to death in front of the camera, everyone begins to blame the Nigerian army for not securing the lives of journalists in the area. It also has the added effect of strengthening the terrorists' media and propaganda initiative.

Bros, that is the essence of journalism, something 90% of Nigerian Journalist don't understand.

Journalist risked their lives to bring news of world war 2, they risk their lives to snap pictures of dead people killed by biological weapons in Syria.

They risked their lives to bring the news of waterboarding in Guantanamo.

They risked their lives in Iraq and Iran and Afganistan to report soldier brutality.

Without risking their life, no journalist can bring news capable of making other world leaders pay attention to issues

EVarn:
The concept of national security is often for the greater good of the majority.



I am not condemning AI for speaking up for people, but we have to make AI understands that speaking up for people is the only business they have in Nigeria. Going to the extremes of training spies, sponsoring dissidents, and carrying out activities that could exacerbate the conflict cannot be tolerated.

Sir, please where is the proof of this spy training?

Or is training of journalist to penetrate where access is blocked for no potent reason now spy training?

If that is the case I thing 75% of US journalists would be spies.

Or you think say international journalist na Nigerian journalist when day report crisis from 2 streets away or no day try penetrate somewhere because government talk am?

In fact telling an international journalist that a place is off limit is encouraging him to look into it the more

efighter:
A new Sherif is in town. This is not PDP regime where Stealing is not Corruption and where even the ex-first lady imPatience Jonathan was scaming people by collecting money from them in order for the people to see her drunk ineffectual buffoon husband.

Hmm, scamming is actually worse than usual in this regime. During the Jonathan era, cyber fraud was not as prevalent as this. Noe even 16 year old boys just out of secondary school are involved in fraud. So rampant like falz said it is now normal. In fact it is now abnormal to have a laptop and not be involved in fraud. This year alone over 30 people have told me I was not wise for using my laptops to run a business center rather than use it for fraud.

Homeboiy:
So all these Francophone countries money go come equal our own

Right now, na small thing our money take gap their own.