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European Football (EPL, UEFA, La Liga) / Re: Didier Drogba Marries Fiancée Lala Diakite In Monaco by enyojo(f): 11:47am On Jun 13, 2011
Drogba Didier Drogba And His Fiance Lalla Diakite Are Finally Married The Couple Have Been Dating Since 1999 And Already Have 3 Children

Chelsea Hitman Didier Drogba Will Be Wedding Longtime Fiance Lala Diakite Today In Monaco France Before Some 500 Guests Drawn From The World Of Sport And Show Business The Ceremonies To Be Chaired By Chelsea Owner

Kanu Who Scored The Opening Goal Of The Game As He Calmly Beat Peterside Idah The Former South Africabased Goalkeeper Essien Travelled To France Immediately After The Match For Didier Drogba39s Wedding In Monaco

Essien Travelled To France Immediately After The Match For Didier Drogba39s Wedding In Monaco Read The Article Ghanaian Players Travel To Nigeria To Pay Tribute To Kanu

Chelsea Hitman Didier Drogba Will Be Wedding Longtime Fiance Lala Diakite Today In Monaco France Before Some 500 Guests Drawn From The World Of Sport And Show Business The Ceremonies To Be Chaired By Chelsea Owner

Essien Is Expected To Dash Straight To The Airport After The Last Whistle In Order To Make The Flight To Paris France Where He Will Attend The Wedding Of His Chelsea Teammate Didier Drogba Drogba39s Ivory Coast Teammates Yaya And Kolo

There Was Better Luck For Chelsea39s Didier Drogba 33 Who Yesterday Wed Lalla Diakite Mother To His Three Children In Monaco 3PM PODCAST Subscribe To The MirrorFootball 3pm Podcast On ITunes

Who Disclosed This To The Organisers Of The Kanu Testimonial Match Said The Same Jet Will Be Taking Him And Makoun To Nice In Southern France Where Cote D39Ivoire Skipper Didier Drogba Will Be Holding His Wedding
Politics / Re: Where Is The President? by enyojo(f): 11:27am On Jun 13, 2011
If u voted or campaigned for GEJ (God-sent grin), don't complain byt forever shut ur mouth lipsrsealed.
Politics / Re: How 37-Storey NECOM house Was Sold To Bankole's Firm For N4 Billion! by enyojo(f): 9:31am On Jun 13, 2011
^^Sat 3??
Hmmm. Imagine!
Politics / Re: A Thread For Nigeria's Firsts by enyojo(f): 8:57am On Jun 13, 2011
The first Nigerian Coach to humiliate Argentina: Samson Siasia

Politics / Re: A Thread For Nigeria's Firsts by enyojo(f): 8:53am On Jun 13, 2011
First NL Moderator to resign for political differences with NL Owner: AISHA2
Politics / Re: Fashola Hosts Imo Governor by enyojo(f): 8:47am On Jun 13, 2011
Opposition parties should just form a monolithic Mega-Party for developmental agenda
Politics / Re: David Mark Warns On 2015 Presidency: Don’t Campaign For Me! by enyojo(f): 8:42am On Jun 13, 2011
Don't mind them jare.
Mark should be grateful to God if he finishes as a Senate President 'cos many of his legislative attrocities would be uncovered soon.
Politics / Re: Where Is The President? by enyojo(f): 8:36am On Jun 13, 2011
^^ NO KILL ME O grin grin grin grin grin grin
pounded yam presidency tongue tongue
Politics / Re: A Thread For Nigeria's Firsts by enyojo(f): 8:35am On Jun 13, 2011
rasputinn:

The first Nigerian to be able to freely,serially and successfully loot the treasury of his state both as governor and ex-governor:Bola Tinubu tongue

rasputinn:

The first Nigerian to lose three consecutive presidential elections in a row:Muhammadu Buhari

rasputinn:

The first Nigerian ex-dictator and retired army general to weep shamelessly in public just because electoral defeat was staring him in the face:Muhammadu Buhari

THE FIRST NAIRALANDER TO SPIT THREE LIES CONSECUTIVELY IN A ROW ON THIS THREAD: RASPUTINN
Politics / Re: How 37-Storey NECOM house Was Sold To Bankole's Firm For N4 Billion! by enyojo(f): 5:08pm On Jun 12, 2011
^^ Oyb, has that anything to do with this?
Or is there something u know that we don't?
Politics / Re: Please Is There Holiday Tomorrow? by enyojo(f): 4:33pm On Jun 12, 2011
Please let there be no holiday abeg.
I get targets to beat.
Politics / Re: How 37-Storey NECOM house Was Sold To Bankole's Firm For N4 Billion! by enyojo(f): 2:52pm On Jun 12, 2011
BANK'OLE IS USED TO BUYING UNDER-VALUED PROPERTIES. CHECK THIS:

•EFCC probes alleged purchase of official residence •Four posh mansions in Abuja traced to ex-Speaker •Contract scam: Four lawmakers may testify against him
The ongoing trial of the former Speaker of the House of Representatives, Mr. Dimeji Bankole, has assumed a new dimension with the Economic and Financial Crimes Commission (EFCC) probing alleged purchase of his official residence by the embattled Speaker.

The commission has also identified five posh houses in Abuja allegedly owned by the former speaker. But the most controversial is the official residence of the Speaker which has been allegedly bought by Bankole for N48 million.
Four former members of the House have also reportedly agreed to testify against him over contract scam allegations.

With the purchase of the residence, the new Speaker, Aminu Tambuwal is left stranded. However, a former aide of the ex-speaker, Kayode Odunaro when contacted denied any knowledge of the sale of the house. He said, "I am not aware if the official residence has been sold. Those managing the house should be able to tell you more."

It was also gathered that the EFCC may extend its investigation to the ownership of the official residence of the senate president.

As at press time, there were indications that about five posh mansions had been traced to Bankole by the EFCC. They may be temporarily confiscated after due diligence under the Assets Forfeiture Clause in EFCC Act 2004.

One of the houses is the official residence of the Speaker in Apo Legislative Quarters which was allegedly bought for N48million under the guise of monetization.

It was learnt that the residence had initially been renovated by the government with over N600million before the purchase by the ex-Speaker.

The EFCC source added: "Out of three teams sent out, one of them succeeded in tracing five houses to the ex-Speaker, including the official residence of the Speaker. He is to respond to our enquiries on the said houses. We have got petitions on the sale of the official residence of the Speaker at pittance rate of N48million. The petitioners alleged that the residence was grossly undervalued.

"They also alleged that the residence ought not to have been bought because that is the official quarters meant for all successive House Speaker. The petitioners alleged that monetization has been taken to a ridiculous level with the sale of the Speaker’s residence. They drew analogy that it is like President Goodluck Jonathan buying Aso Rock under the cover of monetization.

"We are already probing how the house was sold; the valuers involved; when the bid was conducted and how it was won. We will try as much as possible to unearth how the official residence was sold so that the public will appreciate our investigation."

Investigation by The Nation showed that four ex-lawmakers quizzed by the EFCC during the week had claimed that the buck stopped at the ex- Speaker’s table on the controversial purchases made by the House.

It was gathered that in their statements, the four lawmakers tried to absolve themselves of blame on issues being probed by the commission.

A top source in the commission said: "These lawmakers have made confessional statements and they may end up being our witnesses against the former Speaker. They tried to wriggle out of the scam in the House by admitting certain lapses by the House leadership.

"This was why the EFCC chairman was confident enough to tell lawmakers at an interactive forum during the week that the commission has evidence against him.

"Conveniently, we are set for trial and not the media trial being alleged by Bankole’s strategists."

Meanwhile, Bankole may be arraigned next week on separate charges on different allegations.

The allegations bordered on alleged N2.3billion car scam and the controversial N10billion loan.

The EFCC source added: "We will arraign the Speaker separately on these two allegations anytime next week."

A group, Youth Anti-Corruption League had about four weeks ago staged a protest to the EFCC demanding Bankole’s probe.

The League submitted a one-page petition to the EFCC through its President, Jumoke Iliyasu. In the petition the group said: "We are aware that your commission has received several petitions against the Speaker of the House of Representatives, Hon. Dimeji Bankole, about the N2.3billion car scam arising from the purchase of 407 Peugeot cars for the House sometimes in 2008.

"We are further aware that certain members of the ‘Progressive’ group of legislators submitted a petition against the same Speaker on the abuse of due process and corrupt practices associated with the N9bilion capital budget of the House of Representatives for 2008/2009 sessions. To the best of our knowledge, no visible action has been taken against him upon any of the petitions."
Politics / Re: How 37-Storey NECOM house Was Sold To Bankole's Firm For N4 Billion! by enyojo(f): 2:37pm On Jun 12, 2011
Lagos Island (Marina)

TALLEST BUILDINGS IN NIGERIA
• NECOM House 37Floors
http://img517.imageshack.us/img517/3069/25248560240a0f35349fbxl3.jpg

• Union Bank Headquarters 28 Floors
http://img502.imageshack.us/img502/471/picvr6.jpg

• Independence House 92.0 m 23 Floors built 1960
http://i101.photobucket.com/albums/m69/topstar_01/Lagosstate2a.jpg

• Stock Exchange House 83.0 m 22 Floors
http://img517.imageshack.us/img517/46/stockexchange2kf5.jpg

• Eko Court Blocks 24 Floors
http://static.panoramio.com/photos/original/7278360.jpg

• Sapetro Tower 13 Floors
http://img91.imageshack.us/img91/9517/lagosbuilding2cs9.jpg

• Africa reinsurance headquarters 15 Floors built 2000
http://farm4.static.flickr.com/3106/2579039123_dc82373731_o.jpg

• Wema Towers 20 Floors
http://img76.imageshack.us/img76/5316/wematowersnn5.jpg
Politics / Re: Help My Friends Say I Look Like Alao Akala by enyojo(f): 2:23pm On Jun 12, 2011
You no bleach na

Politics / Re: How 37-Storey NECOM house Was Sold To Bankole's Firm For N4 Billion! by enyojo(f): 2:19pm On Jun 12, 2011
.

Politics / Re: How 37-Storey NECOM house Was Sold To Bankole's Firm For N4 Billion! by enyojo(f): 2:15pm On Jun 12, 2011
It was grossly 'undersold'
Business / Re: Korean Investors To Lift Agric In Ekiti With U.s.$400 Million by enyojo(f): 2:14pm On Jun 12, 2011
homerac7:

This proposal is a pure scam!

Invest a whole $400 (#70bn) and check out after 3 years when u can't break even yet? Isn't dt fishy? Abi na opium, coca plant and marijuana dem wan plant?

Making it funny is dt its clearly stated dt ALL produce will b bought and EXPORTED. Isn't your internal warning mechanism ringing crazy by now?

Forget all d promises of thousands of farm labourers (yes, Dats what majority will b as dey will bring d upper and middle level and many low level, yes, low level skilled labour frm Korea), all na boju-boju. If ojuju wan carry small pikin, e go first promise am 10 kobo.

It's obvious dt many here don't know a thing about agriculture in Nigeria. It's quite very complicated. Neither also r Nigerias not uninterested in mechanized farming, but u need to knw what d challenges r.

Obasanjo's govt made a lot of foundation economic reforms and proposed many more, which r d catalysts of major development indices we currently claim. So what did he do about agriculture? He had some success in trying to stimulate local production in small scale farming, majority livestock and fish farming. But what about crop farming? Enter Yar'Adua.

Yar'Adua died hammering on one thing everytime-land reform. It's d single biggest challenge to large scale farming in Nigeria and general sub-sahara Africa. But he died without achieving reform and d idea died with him. Return to square one.

If large scale private investment is to b encouraged in any sector of d economy, d government has certain primary roles of making d necessary enabling policy frameworks. Which is quintessential in case of locally driven large scale commercial farming. But d government has never addressed d traditional land holding difficulties, making breakthroughs difficult, expensive and few. thus, d options open is for super rich foreign companies to connive wt politicians to defraud d people as is now common. More worrisome is dt d greedy politicians don't care about d consequences of their action or motives behind d acquisition. They just want to chop and go.

Genuine commercial agriculture stimulation in Nigeria is never going to b without land ownership policy review. If we fall fully into hands of these land graders, Mugabe is going to b d Jesus our children will pray to.

I enjoy ur perspective
Politics / Re: How 37-Storey NECOM house Was Sold To Bankole's Firm For N4 Billion! by enyojo(f): 2:02pm On Jun 12, 2011
Kobojunkie:

N4 billion for that structure? WOW!!!

Too small or too[size=14pt] big[/size]?
Politics / Re: How 37-Storey NECOM house Was Sold To Bankole's Firm For N4 Billion! by enyojo(f): 2:01pm On Jun 12, 2011
Ofoz, Have removed my picture from NL because of you.
You are too young for wt dreams. cheesy
Politics / Re: How 37-Storey NECOM house Was Sold To Bankole's Firm For N4 Billion! by enyojo(f): 1:15pm On Jun 12, 2011
But on a serious note, haven't you heard that he will soon get bail since GEJ has returned from US?
Or you didnt see this in the article:

Not satisfied with the answers given by the workers, the privatisation agency had set up a disciplinary committee for them.
NITEL board chaired by Ambassador Stephen Willoughby had petitioned the Vice-President, Namadi Sambo, as Chairman of National Council on Privatization, on the sale.

It was gathered that the Presidency had not taken action on the petition dated March 15, 2011, which noted that due process was not followed in the transaction and therefore, pressed for a reversal.
Earlier however, the Liquidator, Adekanola, denied selling the house secretly.

He explained that there was no directive stopping him from selling the house after it had been handed over to him to sell and beef up NITEL Staff Pensions Fund, adding that the sale was an open transaction and went to the highest bidder.
Your man GEJ may not fight any graft after all
Politics / Re: How 37-Storey NECOM house Was Sold To Bankole's Firm For N4 Billion! by enyojo(f): 1:13pm On Jun 12, 2011
Wizardofoz, I no get ur tym today o,
I dey holy tongue
Politics / Re: How 37-Storey NECOM house Was Sold To Bankole's Firm For N4 Billion! by enyojo(f): 12:57pm On Jun 12, 2011
opalu:

^^ Good defence sha. If it was legitimately done, they should leave them alone. Don't give a dog a bad name to hang it. That is my take

I'm bent to think that Bank'Ole used his Dad to cover face to buy that prime National Property.
So it may not be legitimately done.
Politics / Re: How 37-Storey NECOM house Was Sold To Bankole's Firm For N4 Billion! by enyojo(f): 12:55pm On Jun 12, 2011
^^ Thank you my bro,
The land on which it is standing is way beyond that chicken change!
Then think of the unimaginable foundation on which it rests!

We did a 2-story the other time on piles that are about 30m deep!!
The 2 storey is about 10.8 m height!

So imagine how much has been pushed underground the NECOM house!
Politics / Re: How 37-Storey NECOM house Was Sold To Bankole's Firm For N4 Billion! by enyojo(f): 12:11pm On Jun 12, 2011
How we bought N4bn NECOM House –Bankole
Friday, 03 June 2011 08:23 | Author: TransparencyNG |
Against the controversy surrounding the sale of Nitels 37 storey building, popularly called NECOM House on Marina, Lagos, Mr. Biola Bankole, one of the directors of West African Aluminum Products Plc , the new owner of the building has said that contrary to allegations of secrecy in the deal that the house was transparently and lawfully bought.

In an exclusively interview with Daily Sun on Wednesday in Lagos, Bankole said that the sale of NECOM House actually started in March 2007 and that it was number one on the list of about 800 to 850 properties advertised for sale by the liquidator. He narrated that WAPP Plc saw the advertisement in the papers and made enquiries on who the Liquidator was, and discovered that it was Otunba Olusola Adekanola .

“We met him and we not only found out that he was the authorized liquidator to dispose of all properties advertised in the Punch and his appointment was validated by a court order. We prepared and submitted our bids and the Liquidator rightly contacted us as the highest bidder, all this was between 2007 and 2008, one year apart. Payment was made in 2007 and we perfected all title documents in 2009.

“Thereafter, we took possession of the building, the parking space and the inventory of what was in the building. We wrote a letter to Nitel that has some equipment in the building to come and pay rents to us as the new owners. That was when all these problems started. If it was controversial, where were they when the property was advertised in 2007? Where were they when we paid for the property in 2008? Where were they when we perfected our title document in 2009? And we took possession of the property, all this while no one was talking about transparency or accused us of anything, only for someone to come after four years and accuse us of buying Nitel property in secrecy,” Bankole said.

Bankole also stressed that only mischievous people would allege that the building was worth N75 billion. “We read in the papers that the value of Nitel house was supposed to be N75 billion, unfortunately I do not know where Nitel personnel or staff got that information from. You will agree with me that Nigeria has been trying to sell Nitel at different times but failed. This is because an investor would not like a situation whereby after buying someone somewhere would emerge to say that the sale was not valid enough or due diligence was not followed. I think that this is not good enough for the country’s corporate image.”

He averred that the NECOM building was well valued at N4.5 billion by a recognized and reputable chartered estate surveyor and valuer in the person of M.I Okoro and Associate, noting that WAPP has been silent because it has not done anything wrong and everything done was lawful and correct. He added that the controversy over the sale actually started when the company wrote to the occupants of the building to pay rents.

Source: http://www.transparencyng.com/index.php?option=com_content&view=article&id=4518:how-we-bought-n4bn-necom-house-bankole&catid=75:opinion&Itemid=86
Politics / Re: How 37-Storey NECOM house Was Sold To Bankole's Firm For N4 Billion! by enyojo(f): 12:07pm On Jun 12, 2011
.

Politics / How 37-Storey NECOM house Was Sold To Bankole's Firm For N4 Billion! by enyojo(f): 11:54am On Jun 12, 2011
37-storey house sold to Bankole’s firm: Probe panel seeks revocation 
By Everest Amaefule   
PUNCH Sunday, 12 Jun 2011 

A three-man committee that investigated the sale of the 37-storey NECOM House to West African Aluminum Products Plc, belonging to Chief Alani Bankole, father of former Speaker, House of Representatives, Dimeji Bankole, has recommended the revocation of the transaction.

The PUNCH had exclusively reported that the skyscraper, one of the tallest in the country, was sold to the company for N4bn in controversial circumstances.

The transaction triggered sundry protests from both NITEL management and workers.

On October 29, 2010, the NITEL management wrote to the Bureau of Public Enterprises protesting the purported sale of the building on No. 15 Marina Lagos, by the liquidator of NITEL Staff Pension Fund, Mr. Olusola Adekanola.

It noted that the sale was done in contravention of a presidential directive stopping the plan to sell the building.
This led to the setting up of a probe committee headed by the Director, Oil and Gas at BPE, Mr. Ibrahim Kashim.

Other panel members are the Acting Director, National Facilities and Agricultural Resources, Mr. Vincent Akpotaire, and the Acting Director, Electric Power, Mr. Ibrahim Babagana.

According to the committee, the transaction is fraud-tainted and provides sufficient grounds for its revocation if the Federal Government chooses this line of action.
In a 32-page report on its investigation sourced exclusively by our correspondent, the committee said the Federal Government could revoke the sale of the building or refer the matter to the Corporate Affairs Commission to take necessary action against the liquidator who carried out the controversial transaction.

It said, “Government may revoke the sale of NECOM House to West African Aluminum Products Plc by the Liquidator of NITEL/MTel Staff Pension Fund (in liquidation) on the grounds of the established fraud-tainted process and ask the liquidator to refund the consideration with interest to the buyers.”

On its findings, the panel said, “The committee confirmed that the original list of NITEL/M-Tel non-core assets which formed the basis of all the assets transferred to the Trustees of NITEL Pension Fund Scheme for purposes of liquidation was generated by the management of NITEL/M-Tel and handed over to BPE.

“Former President, Chief Olusegun Obasanjo vide his memo dated May 16, 2007 approved the Presidential Taskforce’s recommendation that NECOM House be retained in the schedule of NITEL’s core operational assets due to its strategic importance to the SAT-3 operations.

“Despite Mr. President’s approval which the liquidator claimed was not formally transmitted to him by the then Director-General of BPE, Mrs. Irene Chigbue, he had sold NECOM House to WAAP Plc sometime between May and July 2008, with evidence of certified true copies of the Deed of Assignment between NITEL Trustees Limited and the buyer duly consented to by the Minister of Works.

“Although no written communication came to the liquidator on this matter, the submissions reveal that he received verbal communication from the then D-G, BPE and this led to the negotiation with Transcorp Plc on the appropriate price for NECOM House.

“We discovered from the recitals in the Deed of Assignment between liquidator and WAAP Plc, the statement that the Committee of Inspection approved the sale at its meeting of May 16, 2007 is not true.

“At the time of the said sale, the liquidator’s right to sell was impeachable as the COI had, according to the minutes of its meeting of April 3, 2008, taken the following decisions: ((i) the committee was informed by BPE that the presidency had directed that a meeting be held between BPE, Transcorp and Ministry of Information and Communications on the resolution of the conflict in the classification of five NITEL properties including NECOM House; (ii) that consequent on (i), the committee resolved that all action on the said properties would be stayed until the outcome of the said meeting.

“The Committee of Inspection overseeing the liquidation process was said to have approved the sale of NECOM House to WAAP Plc at its meeting held at BPE Abuja on May 16, 2007. It was on the basis of the alleged approval by the COI that the liquidator sold NECOM House to WAAP in 2009.

“The minutes of the COI meeting of May 16, 2007 shows that no discussion on NECOM House took place and no approval of the sale to WAAP Plc as recited in the Deed of Assignment by the parties is disclosed therein. The sale was predicated on a wrong and illegal premise hence fraudulently contracted.

“The liquidator sold NECOM House without COI approval and as such contravened Section 427 (1) of the Companies and Allied Matters Act 1990.”

Alternatively, the committee said, “Government may decide to subject the liquidation process leading up to the sale of NECOM House to judicial review through court process.
“Government may decide to repurchase the said No. 15 Marina from the new buyers.”
It added, “Government could negotiate with all parties to excise the five-storey building housing substantial parts of SAT-3 installations from NECOM House with a rider granting NITEL/M-Tel right of access to their installations on the 32nd, 34th and 35th of the NECOM House.

“The Bureau may commence disciplinary measures against all BPE members to the COI for their negligence which gave rise to the liquidator’s failure to comply with the presidential directive approving the reclassification of NECOM House as a core operational asset of NITEL/M-Tel dated May 16, 2007; and this created room for the liquidator to illegally sell the said asset.”

The submission of NITEL to the probe panel showed that the management of the company became aware of the sale of the building when it received a letter from George Taylor, Ashiru & Co; solicitor to WAAP Plc demanding N250m being rent for the years 2008 to August 31, 2010.
The letter also gave notice to NITEL to quit the premises within 21 days, else security men would be used to evict it from the property.

Implementing the recommendations that fall within its powers, BPE had queried its four members of staff involved in the NECOM House transaction as members of the COI.

Not satisfied with the answers given by the workers, the privatisation agency had set up a disciplinary committee for them.
NITEL board chaired by Ambassador Stephen Willoughby had petitioned the Vice-President, Namadi Sambo, as Chairman of National Council on Privatization, on the sale.

It was gathered that the Presidency had not taken action on the petition dated March 15, 2011, which noted that due process was not followed in the transaction and therefore, pressed for a reversal.

Earlier however, the Liquidator, Adekanola, denied selling the house secretly.

He explained that there was no directive stopping him from selling the house after it had been handed over to him to sell and beef up NITEL Staff Pensions Fund, adding that the sale was an open transaction and went to the highest bidder.

www.punchng.com/Articl.aspx?theartic=Art201106124235365
Politics / Re: Tinubu Vindicated: Oyinlola And Oni's Call Logs Fake - Mtn, Nsa by enyojo(f): 11:20am On Jun 12, 2011
[size=14pt]Where is TRIBUNE the Anti-Salami Tabloid?[/size]
Islam for Muslims / Re: Do Muslims Call The Name Of Mohammed When They Are In Danger? by enyojo(f): 7:57am On Jun 12, 2011
What u believe is what works for u.
When an Aircraft my Sister boarded experienced some hitches, she said everyone became both Christians and Muslims.
A long beared Muslim beside her also called 'Jesus'.
Trouble no good at all!
Romance / Re: Must You Control The One You Love? by enyojo(f): 9:47pm On Jun 11, 2011
Real Love does not control.
Real love draws out submission from the Beloved.

Submission is simply 'Willing Obedience and yieldedness'.
Politics / Re: How America Pushed Jonathan To Order Bankole's Arrest - US Diplomatic Cable by enyojo(f): 9:19pm On Jun 11, 2011
One leak too many

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