₦airaland Forum

libertyfather:
Whi snap this? I will load it on AIT mobile app let see if they will show on Kakaki tomorrow

Lol you mean ooo

dotunson:
I saw this pics and I can't just stop laughing

Make you na calm down now.lol

How do you delete post ooo I don gbagaun lol

Lucialovely:

I saw this pics and I can't just stop laughing

A British Judge on Tuesday refused to release $85 million (N17 billion) to Malabu, a fraudulent company controlled by Nigeria’s former petroleum minister, Dan Etete

In refusing to release the money to Malabu, Justice Edis of the Southwark Crown Court declared that he was not sure the administration of President Goodluck Jonathan acted in Nigeria’s interest when it approved the transfer of the money to Malabu.

“I cannot simply assume that the FGN which was in power in 2011 and subsequently until 2015 rigorously defended the public interest of the people of Nigeria in all respects,” the judge ruled.

PREMIUM TIMES had reported how the Jonathan administration controversially approved the transfer of $1.092 billion from Nigeria’s JP Morgan account in London to Nigerian accounts controlled by Malabu.

The money was paid by global oil giants, Shell and ENi, for Africa’s richest oil bloc, OPL 245.

The former Attorney General of the Federation, Mohammed Adoke, and the former Minister of State for Finance, Yerima Ngama, signed the documents approving the transfer to Malabu.

The fraudulent deal, shaded in various layers of corruption, has been condemned by Nigerians and international transparency advocates and is being investigated by authorities in four different countries.

The seized $85 million

The $85 million was seized at the request of Italian prosecutors who are also investigating the deal. The money was the last part of the OPL 245 largesse not yet distributed.

Sensing that the Muhammadu Buhari administration was yet to find its feet on international legal matters, Mr. Etete approached the British court and asked that the money be returned to him.



At a two-day hearing that started on November 23, Mr. Etete’s lawyers argued that there was no fraud in the deal and asked that the money be released to him.

While Mr. Etete argued that the money be released to him, the Italian prosecutor argued that “their investigation could lead to a potential forfeiture of the money down the road.” a source who has followed the case and was present at the proceedings told PREMIUM TIMES.

Malabu’s lawyers told the court that freezing the money was an assault on Nigeria and questioned how the court could imagine that Messrs. Adoke and Ngama would be a party to a corrupt deal.

The ruling

While giving his ruling on Tuesday, Justice Edis said while he could not say for certain if the deal was fraudulent pending conclusions of investigations, it would be inappropriate to release the money to Malabu.

“I am not making any findings of fact about misconduct by anyone. I am simply assessing the evidence before me to determine whether a restraint order should be discharged which was granted by way of MLA (Mutual Legal Assistance between the UK and Italy) to support an investigation by the Italian authorities,” the judge said.

The judge also made reference to evidence provided by the Italian authorities that ex-President Jonathan was directly involved in the fraudulent deal.

“The suggestion from the wiretaps is that “Fortunato” was implicated and I am told that this was a reference in code (not subtle) to the former President of Nigeria, President Goodluck Jonathan,” the judge said.

“Aliyu (Abubakar) is said to be associated with him and Aliyu received, in a way which was not transparent, $523m of the money paid for the OPL 245 licence in August 2011.”

PREMIUM TIMES had reported how fictitious companies owned by Abubakar Aliyu, a man referred to as ‘Mr. Corruption’ by anti-graft officials, received over half ($532 million) of the total $1.092 billion.

Mr. Aliyu, a close ally of Mr. Jonathan was recently quizzed by EFCC operatives for the first time despite being a central character in the deal whose investigation was virtually stalled during the Jonathan presidency.

Activists react

Reacting to the ruling, Simon Taylor of Global Witness stated that “Given the gathering pace of the EFCC investigation in Nigeria under new leadership and a call by the Nigerian House of Representatives to cancel the deal in 2014, investors in Shell and Eni should demand to know why they were exposed to such risk.”

The UK based Global Witness has been at the forefront of the demand for transparency in the deal and other similar deals across the world.

Also reacting to the judgement, Dotun Oloko, an anti-corruption campaigner in Nigeria said, “In light of these allegations in a UK court, the role of the senior Nigerian officials involved in this deal, including Goodluck Jonathan, must now be fully investigated.”

With the ruling, Nigerian now has the opportunity to not only claim the money but also another $110.5 million of the funds held in a Swiss bank while investigations continue.

Below is a statement by Global Witness after the court ruling

Court refuses to unfreeze funds from “smash and grab” raid on Nigerian oil block
Prosecutors allege that “fronts for President Goodluck Jonathan of Nigeria” received US$523m in proceeds of “smash and grab” OPL 245 deal

Southwark Crown Court today rejected an attempt by a company owned by the former Nigerian oil minister Dan Etete to unfreeze US$85m in proceeds of the corrupt deal for the Nigerian offshore oil block, Oil Prospecting Licence 245 (OPL 245), which was sold to Shell and Eni for $1.1bn in 2011.

The funds were restrained at the request of Italian authorities, who are investigating the sale of the block by Malabu Oil & Gas, a company secretly owned by Mr Etete, to the international oil companies.

The Federal Government of Nigeria (FGN) under Goodluck Jonthan acted as a middleman in the deal, and the court received evidence based on wiretaps that prosecutors allege show that the then President, Goodluck Jonathan, was directly involved. The deal deprived the Nigerian people of a sum equivalent to 80% of the country’s 2015 health budget.

“In light of these allegations in a UK court the role of the senior Nigerian officials involved in this deal including Goodluck Jonathan must now be fully investigated,” said Dotun Oloko, a Nigerian anti-corruption campaigner.

Evidence from US authorities presented to the court and included in the judgement “shows payments following circuitous routes which total $523m and which arrived at Abubakar Aliyu, aka ‘Mr Corruption’” […] “Aliyu’s companies are allegedly fronts for President Goodluck Jonathan of Nigeria”. The Crown Prosecution Service, acting at the behest of the Public Prosecutor for Milan (PPM), described OPL 245 as a case of “grand corruption”.

The OPL 245 deal is currently under investigation by the Public Prosecutor of Milan, the UK’s National Crime Agency (NCA), and the Nigerian Economic and Financial Crimes Commission (EFCC). The EFCC have reportedly recently interviewed Abubakar Aliyu in connection with the case, and earlier this year interviewed Dan Etete.

Justice Edis of Southwark Crown Court turned down Malabu’s application to discharge the freezing order rejecting Malabu’s arguments that the Crown had failed to follow proper procedures in securing the freezing. Justice Edis concluded in his judgement:

It is extremely important that what I am about to say is not misunderstood. I am not making any findings of fact about misconduct by anyone. I am simply assessing the evidence before me to determine whether a restraint order should be discharged which was granted by way of MLA to support an investigation by the Italian authorities. That investigation is not complete (and appears to be still at quite an early stage). What misconduct it may ultimately prove, if any, will be a matter for the PPM and the Italian court if proceedings are brought. However, precisely because I cannot reach firm factual conclusions, I cannot simply assume that the FGN which was in power in 2011 and subsequently until 2015 rigorously defended the public interest of the people of Nigeria in all respects. Mr. Fisher QC who appeared for the CPS used the phrase “grand corruption” to describe the form of corruption in which the state itself is culpable. The suggestion from the wiretaps is that “Fortunato” was implicated and I am told that this was a reference in code (not subtle) to the former President of Nigeria, President Goodluck Jonathan. Aliyu is said to be associated with him and Aliyu received, in a way which was not transparent, $523m of the money paid for the OPL 245 licence in August 2011.

“Given the gathering pace of the EFCC investigation in Nigeria under new leadership and a call by the Nigerian House of Representatives to cancel the deal in 2014, investors in Shell and Eni should demand to know why they were exposed to such risk,“ said Simon Taylor, a Director of Global Witness.

Suspects named in the Italian case include Eni and its current and former CEOs Claudio Descalzi and Paolo Scaroni, as well the company’s Chief Development, Operations & Technology Officer Roberto Casula and former executive Vicenzo Armanna. Other suspects in the Italian case include Dan Etete and middlemen Emeka Obi, Gianluca Di Nardo and Luigi Bisignani. Shell and Eni have denied any wrongdoing.

“It is clear from evidence in the public domain that high level executives in Shell personally took part in negotiating this deal. Citizens in the UK, US, Netherlands and Nigeria should demand that Shell and its executives are investigated in their respective countries,” said Nicholas Hildyard of The Corner House.

Shell and Eni have invested at least $1.8bn in purchasing and developing the block, which they own 50-50. It reportedly holds probable reserves of 9.23 billion barrels of oil, which if proven, would represent the equivalent of a third of Shell’s proven reserves, and two thirds of Eni’s.

Antonio Tricarico of Re:Common said: “$85 million paid by Eni and Shell for the benefit of Dan Etete’s company Malabu remains frozen in London. The time has come that Eni and Shell come clean about what they knew about this deal and who else this money was intended for.”

For more information about the case read the briefing by Global Witness on OPL245, Shell and Eni’s Misadventures in Nigeria.

$1.1billion Fraud: British Judge questions Jonathan’s integrity, stops Etete from getting N17 billion

http://madailygist.com/1-1b-fraud-british-judge-questions-gejs-integrity-stops-etete-from-getting-n17b-a-must-read/

How the action sequence in october1 was shot

Yeeeeeeaaaaaa my movie got 4 nominations dazzling mirage.. I was the DOP on it. Directed by tunde kelani

Did you guys forget there is an agreement BTW chan,Nigeria and Niger to form a task force to fight boko haram? This gives them free hand to attack boko haram anywhere no matter the location (Nigeria, chad or Niger) so this means if Nigeria troops are chasing the book haram fighters and dey cross the boarders, the Nigerian army can cross the boarders too and hunt them down instead of allowing them escape . That's the gimmicks the boko haram guys have bn using to escape before by crossing international boarder but no more.

Hollawaley:
Best Low Cost Small Business ideas in Agriculture In Nigeria
==> Cultivation of food and cash crops
==> Flowers, medicinal herbs and gardening
==> Production and formulation of livestock feeds
==> Establish a small poultry farm
==> Fingerling production
==> Cultivation of mushroom
==> Production and sales of frozen chicken
==> Rabbit production
==> Marketing of fresh fruits
==> Retailing of food stuff
==> Fish farming
==> Grass cutter rearing
==> Reselling Charcoal
==> Snailery
==> Source for agro-raw materials for urban manufacturing companies
==> Assisting rural farmer in food stuff export to neighboring countries
==> Start connecting rural farmers with exporters using the internet
==> Producing coconut and fruit juice
==> Production of Weed Killer
==> Keeping bee for honey production
==> Toasted plantain (Boli)
==> Plantain Chips Production
==> Producing custard
==> Design of Poultry Pen
==> Sales of Mobile fish ponds
==> Manufacture of local drinks
==> Produce baskets, brooms, cane chairs, ropes etc from palm and raffia
==> Agricultural product Export and distribution
==> Sales and maintenance of farm equipment

feel free to add yours cc;lalasticlala

source;http://healfarm..com/2015/06/d.html

Please send me a mail on oluwasheffy@gmail.com
Thanks

Hollawaley:
Best Low Cost Small Business ideas in Agriculture In Nigeria
==> Cultivation of food and cash crops
==> Flowers, medicinal herbs and gardening
==> Production and formulation of livestock feeds
==> Establish a small poultry farm
==> Fingerling production
==> Cultivation of mushroom
==> Production and sales of frozen chicken
==> Rabbit production
==> Marketing of fresh fruits
==> Retailing of food stuff
==> Fish farming
==> Grass cutter rearing
==> Reselling Charcoal
==> Snailery
==> Source for agro-raw materials for urban manufacturing companies
==> Assisting rural farmer in food stuff export to neighboring countries
==> Start connecting rural farmers with exporters using the internet
==> Producing coconut and fruit juice
==> Production of Weed Killer
==> Keeping bee for honey production
==> Toasted plantain (Boli)
==> Plantain Chips Production
==> Producing custard
==> Design of Poultry Pen
==> Sales of Mobile fish ponds
==> Manufacture of local drinks
==> Produce baskets, brooms, cane chairs, ropes etc from palm and raffia
==> Agricultural product Export and distribution
==> Sales and maintenance of farm equipment

feel free to add yours cc;lalasticlala

source;http://healfarm..com/2015/06/d.html

What's up? Is like you know a lotabout these stuffs. Plz can we talk am think of going into farming

AlfaSeltzer:
ewu dullard of daura, na your children be crazy people
na your ancestors be crazy people
foolish nama rearing goat

Omo see guilty conscience

steffans:
Great Alma Mater...

Wat year? Am 07 set

Koroaso:
*****GOOD POINT I AM NOT A FAN OF ONLINE ABUSE**********

*****BUT IGBOS STILL NEED YORUBA OR HAUSA TO WIN PRESIDENCY IN NIGERIA**********

****NAIJA DELTANS KNOW IF THEY SUPPORT HAUSA/YORUBA THEY WILL GET JUICY APPOINTMENTS***************

*******MY POINT IS IGBO PEOPLE NEED TO HAVE ONE FRONT**********

*********YOU ALL ABUSE PETER OBI, AND ROCHAS....BUT YOU GUYS ARE LOSING OUT....YOU GUYS NEED TO RESSURECT APGA AND USE IT TO NEGOTIATE*********

********IGBO IS TOO POWERFUL TO BE ONLY DEPUTY SENATE PRESIDENT*****AN IGBO MAN SHOULD BE SENATE PRESIDENT OR CHIEF JUDGE OR PRESIDENT IN ANY DISPENSATION IF YOU GUYS PLAN WELL************

******TELL SOLUDO AND IWEALA, NGIGE, ROCHAS, PETER OBI FORM ONE PARTY.....LOCKDOWN IBO STATES AND INCREASE YOUR NEGOTIATING POWER**********

THIS IS JUST MY OPINION.

This is what have bn preaching to the igbo guys since.am a yoruba boy but I was hoping the igbo's to vote for the Igbo guy running for governorship in Lagos under Apga instead of voting for J.K(yoruba) if they have done that they would have command respect. I don't know how they expect J.K to turn against is own people if he had became a Governor

liberty300:
Stupid foolish people. You think Igbos are low lives like you dimwits? FYI; the senator has a dream fm, a local radio station in enugu. He also owns a number of event centers and tarred a couple of roads.. He's also building a school and also has an estate in his name, so calm down..

Edited:

Apc should ask the northerners what they have gotten for there people for the past 35 years in power and why they still clinge to power so

Sorry 1 question? All these establishment u said he owns, are they not privatly owned by him? And all the profit goes to his pocket? Just a thought tho.

golddust6000:
Nigeria government are to blame why boko haram grow more wings. president mugabe is absolutely right. after the war in Libya, boko haram got most of their guns in Libya. SHAME TO NIGERIA, OBASANJO SHAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAM

OBJ was not in power in 2011. It was GEJ that was in power in 2011,when the voting took place. So it was GEJ that voted for it. Another unwise decision by Gej.

MuguliciousMUGU:
While he is strolling with fashola in germany, boko haram is still bombing...
Is this the man that promised to end boko haram crisis in one month? This is the 8th day it remains 23 days and he has not visited sambisa forest, is this how a serious president should act?

Later he would call jonathan clueless, infact buhari is clueless too.

A president suppose to be in his country and settling issues, than walking about from one place to another.

Na wa ooo.they way people just comment sha. When GEJ was dancing at a rally just a day after bomb blast u guys said nothing.in the 5 years of GEJ did he ever visit sambisa forest? PMB never spend one month una don won kill am for weting GEJ no do in 5years. Darris God oooo. And beside he went to G7 to submit a wish list that will end book harm once and for all.And he also moved the command HQ of the army close to the fight. That's a man that knows what to do.