₦airaland Forum

Mynd_44: I don't get this. Every country or private company in the world gets loans to build up itself but what it does is to make an internal assessment and see if the loan is not in bad light and also see why they are going for it.

If Lagos makes N29 billion every month from its IGR that brings the total yearly to N348 billion every year and from the article, she owes N193 billion. I don't see what to lose sleep about here.

bestview: The Islamic Yorobar Party APC criminal leaders- Tinibu and Fashole are daily smiling to the bank to stock their pockets while impoverishing their states with loans..

This is the same thing they want to use Ngige to achieve in Anambra. God will not allow the evil call APC anywhere near the Zik's Place (Anambra Govt House)

sagombugo: Thank you for schooling that rabble-rouser!

torkaka: Kano airport averaged 340'000 passengers yearly between 2007,2008 and 2009

Love_Decay: What is "your" source ?

torkaka: After lagos,abuja and ph, kano is the next busiest airport in the country!
If enugu was that viable, oduah wouldn't be arm twisting airlines to land there would she?
You are clearly not the intelligent type are you?

bunmifx: Fashola gov is the 1st gov that made so much revenue from Tax in Africa. Lagos State as the same GDP and population with Ethiopia but Ethiopia is more develop with good Roads. The only good road in lagos are the tolled road and some major Road. No community road is fix in lagos and the most of fix road are parch work not complete contruction. This gov kept on deceiving people with 3D pictures

tofeenab: nigerians always allow d wool 2 b pulled ova our eyes! 4 ur info she neva transformed our airlines. She embarked on awardin contracts 4 airport renovations becos dat is where she makes kickback "income"! She neva bordered abt supportin d airlines with funds 2 acquire beta aircrafts! Nau can cee y it was beta purchasin bullet proof cars!

Knowledge9000: Yoruba busy bodies and their jealousy of Igbos, and now directing this in full force at our beautiful, brilliant, highly educated and high profiled Igbo women. Today is Stella Oduah, tomorrow is Oby Ezekwesili, next week it's Dora Akunyili, a week before was Ndidi Okereke-Onyiuke, few months ago was Joy Ogwu. Ungrateful people...these smart Igbo women are magnanimously running this country for the benefit of all; including you...Yorubas. What are you people contributing to this enterprise called Nigeria? Absolutely nothing. The Igbos, South-South and Hausas are running the show today in every level of the federal government....PRESIDENT, VICE-PRESIDENT, SENATE PRESIDENT, DEPUTY SENATE PRESIDENT, SPEAKER, DEPUTY SPEAKER, CHIEF JUSTICE OF THE FEDERATION...NO YORUBA ANYWHERE IN THE LEADERSHIP OF THE FEDERAL GOVERNMENT OF NIGERIA THAT THEY CLAIM TO BE A MAJOR PART OF...VERY FOOLISH, WEAK, DECREPIT, FEAR-STRICKEN PEOPLE WITH LOW IQ. You all are not ashamed that you can't produce brilliant women of the caliber of Igbo women to contribute to the growth and development of this country. They will come up with the same ONE person Funmilayo Ransome-Kuti. That's all they got? Nuisance.

9ja_lyfe: http://saharareporters.com/news-page/efcc-discovers-1-billion-speaker-bankoles-proxy-account-uba-jonathan-wades-halt-his-arrest
By SaharaReporters, New York

SaharaReporters’ investigation of the outgoing Speaker of the House of Representatives, Dimeji Bankole, has unearthed that he owns a startling $1 billion stashed away in a domiciliary account at the United Bank of Africa (UBA). Our investigations revealed that the account is being operated for Mr. Bankole by his Principal Officer, Maurice Ekpeyong.

The account was opened in 2009 and had since been operated on behalf of Bankole by Mr. Ekpeyong.

Our investigation confirms that the 41-year old outgoing Speaker had diverted funds into the account from budgetary allocations to the House of Representatives.

Sources at the Economic and Financial Crimes Commission (EFCC) told SaharaReporters that their investigators were stunned by the massive scale of Mr. Bankole’s money laundering activities. Two officials of the anti-corruption agency as well as a source in the Presidency disclosed that President Goodluck Jonathan was standing in the way of the EFCC’s plan to arrest Mr. Bankole in response to his latest scandal financial scam as well as a spate of other money laundering activities in their docket.

The outgoing Speaker, who has made extensive real estate deals since he became Nigeria’s fourth most powerful man, is considered to be one of the most corrupt officials in public service today in Nigeria.

He has grown immensely rich as Speaker, routinely using a variety of proxies in his extensive deals. Through such willing individuals, he has bought several houses in South Africa and the US.

The outgoing Speaker, who was trounced in his reelection bid, also recently bought the 32-storey NITEL building in Lagos for N4 billion, and is the owner of a N7 billion hotel resort undergoing construction in the Akodo area of Lekki in Lagos.

Our investigations revealed that one of Mr. Bankole’s key and most trusted money-laundering pals is Adenekan Gbadebo, the son of the Alake of Egbaland. Our sources disclosed that Mr. Gbadebo has helped Bankole move about $500 million through several bank accounts.

The Speaker and his father also recently completed seven duplexes after he tore down his father's old house in Abeokuta. Our investigations show that Mr. Bankole has built a huge mansion in Abeokuta that is completely hidden from the public through the use of tarps and construction covers.

In an investigative report in September 2010, Saharareporters had identified two ladies being used by Mr. Bankole in a N5 billion scam. The women, Angela Oselukwu and Uduak Akpan Israel, are now fugitives and have been declared wanted by the EFCC. They were involved in stealing N5 billion from the Rural Electrification Agency (REA).

Speaker Bankole and his siblings used the two fugitive women to open accounts at the UBA. Payments were then made into the accounts for the benefit of four companies belonging to the Bankoles: Vulysteke Metallic Construction Ltd, Parthenon Acropolis Nig. Ltd, Complete Trade Nig. Ltd, Zobra Global Services Ltd and F-Plus Concept Ltd.

As Speaker, Mr. Bankole was also notoriously embroiled in a N2.3 billion car scam as well as the misuse of the N9 billion capital budget of the House for 2008/2009.

Last year, the EFCC boss announced that the commission had concluded its investigation of the issue and sent its report to the presidency, but nothing further was heard from the presidency.

Mr. Bankole is also currently entrapped in another scandal in which he used the House of Representatives as collateral to obtain a personal loan of N10 billion from UBA. The loan is yet to be accounted for. The EFCC summoned Mr. Bankole to appear for interrogation last Thursday, but he did not show up. Instead, he sent a letter to the agency pleading that he was tied down by “inauguration” activities.

A baffling turn in the story is that the embattled Speaker has persuaded Mr. Goodluck Jonathan to order that the investigations against him be stopped. SaharaReporters learned today from different sources within the EFCC and the Presidency that Mr. Jonathan, who will be inaugurated tomorrow for a term of four years as President, assured the outgoing Speaker that he would prevail on the EFCC leadership to end the investigation against the speaker.

Mr. Jonathan’s intervention on behalf of the speaker contradicts pledges he made during his presidential election campaigns. Mr. Jonathan had vowed never to interfere with the work of any anti-corruption bodies.

abu12: That will signal the death of enugu airport, they should also grant Ethiopia airline, etihad airline, emirate airway and qatariAirway who wish to land in mallam aminu kano international airport d right to land were ever they want. Ethiopia airline will prefer to land in kano airport rather than enugu.

blacksta: The Ultimate question remains - Why would airlines not want to come Enugu is it not a profitable route.

aieromon: God of football,where art thou?

Ijogz K: Monreal dey form Messi

aieromon: I'm a United fan bro. I bleed red.