₦airaland Forum

That man is a bloody saboteur HANG HIM

The Inspector General of Police, IGP Solomon Arase, Wednesday, ordered the detention of a policeman, who allegedly collaborated with the Fulani herdsmen during the killing of residents of Nimbo community in Enugu State.
The IGP, who visited the tension soaked community alongside the Senator representing Enugu North Senatorial zone, Senator Chukwuka Utazi, ordered that one Corporal Chukwu should be detained and investigated.

The villagers had informed him that the police officer, simply identified as Corporal Chukwu, was a known collaborator with the herdsmen.


Consequently, while addressing journalists, Arase said no policeman who collaborates with criminal elements to perpetrate crime would go unpunished, stressing that such person must be dismissed from the force.

Details later…

http://dailypost.ng/2016/04/27/breaking-igp-orders-detention-of-policeman-involved-in-enugu-massacre/?utm_source

THE House of Representatives Committee on Interior in its report, yesterday, has recommended the immediate dismissal of the prisons officer, SIP Idaa Odeh, who allegedly assaulted Joan Mrakpor last Thursday. The committee also recommended that Corporal Esther Hassan, ASP Sunday Akoh of the Police Force and Adeboye I.0 of Department of State Service, DSS, be disciplined and redeployed. In the report, it was also suggested that the Legislative Houses (Powers and Privileges) Act should be amended as a matter of urgency to the effect that only the President, Vice President and Chief Justice or a visiting President could come into the National Assembly premises with moderate convoy and recommended that penalties should be provided for offenders. For refusing to show up at the public hearing held last Monday, the report recommended that DCG Umar Shehu Kangiwa be arrested and tried for violating Section 11 of Legislative Houses (Powers and Privileges) Act by the Attorney General of the Federation. In a related development, a group, Anioma Youth Council, stormed the National Assembly yesterday demanding the sack of the prisons boss, Mr. Peter Ezenwa Ekpendu.

Read more at: http://www.vanguardngr.com/2016/04/assault-female-rep-cttee-report-recommends-dismissal-prisons-officer/

Apparently the senator is replying the question posed in this thread https://www.nairaland.com/3069287/what-been-ben-murray-bruces-contribution

The Court of Appeal sitting in Abuja today struck out the application filed by the embattled Senate President, Bukola Saraki seeking a stay of proceeding of his trial at the Code of Conduct Tribunal over allegations of corruption.

Justice Abdul Aboki, who led the three-man panel, gave the ruling after the defence counsel; Kanu Agabi applied for its withdrawal saying it would be better for them to base their application on the substantive motion which bordered on the jurisdiction of the tribunal to try the Senate president.

The court asked the parties to file and perfect all their documents to enable the parties to get a new date for a hearing.

SaharaReporters learnt that Saraki and his lawyers changed their mind upon discovering that they had not filed the appropriate papers detail a reason for the strange appeal.

The Court of Appeal and the Supreme Court had already decided that the tribunal has jurisdiction in the case.

Mr. Saraki's trial at the CCT will resume again on Wednesday
.http://saharareporters.com/2016/04/25/saraki-loses-bid-stop-his-trial-appeal-court-strikes-out-stay-proceeding-application

Kingy10:
Do u use it/ know a friend that has it?
Don't judge with online spec

I bought the phone on Jumia a month ago so far it has been good

Oukitel k6000

No fewer than 13 persons may have been killed as herdsmen and farmers clashed in Taraba State even as farmers in about three local government areas were chased out of their villages and are currently taking refuge in Dan-Anacha market in Gasol local government area of the state. The crisis was ignited when two herdsmen were reportedly killed, last Tuesday, by armed robbers along Kyaior-Gyo Road. Sunday Vanguard gathered that when the report of the killing of the herdsmen reached town, some gunmen rushed to the area, attacked and chased out farmers at Kyaaior, Gindin Kerenya and Tse Gyo villages, leaving not less than 13 people killed, five injured and property worth millions of naira destroyed. A woman abducted by the herdsmen revealed that her abductors were armed with sophisticated weapons. Mrs Mngueshima Nyibiam said the herdsmen used her to get information about the villages. The chief of Tiv people of Bali local government, David Gbaa, disclosed that his people ran to take refuge at Dan-Anacha during the attack. Gbaa also confirmed that the attackers were still operating as of the time of filing this report at Bornu Kurkuru of Bali local government area

Read more at: http://www.vanguardngr.com/2016/04/13-killed-taraba-herdsmen-reprisal-attack/?utm_source=&utm_medium=twitter

That the CG of prison slapped the rep isn't good,that he travelled with 20 convoys is bad.That only had he not apologized but also denying it is ugly

Aregberascal must be dancing shoki by now

President Muhammadu Buhari has returned the controversy-ridden 2016 budget to the National Assembly, pointing out areas of concern in the document and demanding adjustment.

The spokesperson of the House of Representatives, Abdurazaq Namdas, (APC-Adamawa State) confirmed this to journalists on Thursday.

“I can confirm to you that we are in possession of the letter from the president identifying grey areas,” Mr. Namdas said.

He said the leadership of the House and that of the Senate as well as their respective relevant committees would meet on the development.

He, however, refused to mention the “grey areas” saying they would be made known to Nigerians in “due course”.

The National Assembly passed the budget on March 2 and later transmitted it to Mr. Buhari for assent.
Apparently with the omission of certain projects and addition of others not proposed by the Executive, Mr. Buhari has since withheld his assent.
One of such projects is the Lagos-Calabar rail project counted as a critical infrastrucural focus of the administration.

It was not captured in the original budget but was brought as a supplementary proposal of the Transport Ministry by its Minister, Rotimi Amaechi, and was approved, Chairman Senate Committee on Land Transport, Gbenga Ashafa, said.

However, the Appropriations Committees of the Senate and House of Representatives respectively chaired by Danjuma Goje and Abdulmumin Jibrin, removed the project from the final draft, saying Mr. Amaechi lacked the powers to make budgetary proposal.

Last week, while the Senate said Mr. Buhari should sign the budget and, later, send a supplementary proposal to capture the Lagos-Calabar rail project, the House said it had resolved to receive the budget to capture the project before assent.

http://www.premiumtimesng.com/news/headlines/202223-buhari-refuses-sign-2016-budget-returns-document-national-assembly.html

Very good and welcomed decision hopefully it will teach duara secret service not to arbitrary detain someone

Common sense

The Economic and Financial Crimes Commission, EFCC, has denied decorating Ike Ekweremadu, the deputy senate president, as its anti-corruption ambassador.
In a statement Wednesday, the commission said reports widely circulated in the media on Tuesday, quoting its National Assembly liaison officer as bestowing the award on Mr. Ekweremadu, was of no consequence as the officer acted on his own.
Read full statement:
The attention of the Economic and Financial Crimes Commission, EFCC, has been drawn to some reports in the print and online media, on April 20, 2016 claiming that the anti-graft agency has decorated the Deputy Senate President, Ike Ekweremadu, as “Anti-Corruption Ambassador”.
According to a statement issued to the press by the Special Adviser to the Deputy Senate President, Uche Anichukwu, the purported decoration, was carried out by the EFCC National Assembly Liaison Officer, Suleiman Bakari, who was quoted to have said: “On behalf of my acting chairman, Mr. Ibrahim Mustafa Magu and the entire management and staff of the EFCC, decorate you as an Anti- Corruption Ambassador and formally present this frame, as a token of our appreciation to your person and office, and as a symbol of the institutional partnership between the EFCC and the National Assembly”.
The EFCC totally dissociates itself from the purported action of Sulaiman Bakari as he acted entirely on his own. He clearly acted outside his brief as a liaison officer as the management of the Commission at no time mandated him to decorate Ekweremadu or any officer of the National Assembly as Anti- Corruption Ambassador.
The statutory mandate of the EFCC is the investigation and prosecution of all economic and financial crimes cases, which does not include the decoration of individuals as anti-corruption ambassadors.
The Commission is not in the habit of awarding titles to individuals. And those enamoured of titles, know the quarters to approach for such honours, not the EFCC.
Foramfera
Members of the public and stakeholders in the fight against corruption are enjoined to disregard the so-called decoration.
Wilson Uwujaren
http://www.premiumtimesng.com/news/headlines/202108-efcc-rejects-ekweremadu-anti-corruption-ambassador-disowns-national-assembly-officer.html

Don't you just love karma

There is no grazing bill

It is normal in Nigeria politics.l know how much I collected from APC PDP and APGA during 2015 elections

Abia State senator, Eyinnaya Abaribe, has called on the Committee on Rules and Business of the Senate to clarify issues on the existence of a Grazing Reserve Commission bill in the assembly.
Mr. Abaribe made the call at plenary on Thursday under a point of order.
He said he had sought clarification from the clerk of the Senate and confirmed that there was no such bill contrary to reports in the media.
Mr. Abaribe said he had received so many calls on the issue and had been accused by some of his constituents of being an absentee senator when the said the bill was not before the Senate.
“I have gotten more than 1,000 calls and this has to do with something called the Grazing Reserve Commission Bill.
“When I asked where is the information coming from, they said the information is coming from the social media.
“Mr President the last time a Grazing Reserve Commission Bill came to this Senate was in the 7th Senate and was proposed by Sen. (Zainab) Kure who is no longer in the Senate.
“So the reason why I am making this personal explanation is so that my constituents in Abia South will know that there is no such bill called Grazing Reserve Commission Bill before this Senate.
Foramfera
“I have taken time to ask the clerk and every other person to say where is this bill that has passed second reading and they said they also are in confusion, they have never seen such thing,” he said.
The President of the Senate, Bukola Saraki, who was presiding at the time, noted the observation of the senator.
Mr. Saraki later left for the Code of Conduct Tribunal for continuation of his trial and the Deputy President, Chief Ike Ekwerenmadu, took over proceedings.
The News Agency of Nigeria recalls that the online media have been awash with reports that a Grazing Reserve Bill is before the Senate and has passed second reading.
According to the reports, the bill seeks to establish a commission which will take land in any part of Nigeria for use as grazing reserve. (NAN)
http://www.premiumtimesng.com/news/more-news/202055-no-grazing-reserve-commission-bill-senate-abaribe.html?utm_source=&utm

I don't understand why federal government should take people's land and give them to herdsmen to carry out their business while others have to buy their own land.

Cattle rearing is a business,selling spare parts and other products are personal business yet they have to buy the land they use,pay taxes and at times suffer govt and landlord harassment yet we want to dash land to Fulani herdsmen

If their is going to be grazing bill then there should be recharge card bill, spare parts bill, phone selling bill, 2 by 4 bill and every personal business related bill after all what's sauce for the goose is sauce for the gander and we are in a democracy.

We cannot give a class of murderous business men special treatment and not do the same for peaceful one

The Nigeria Customs Service (NCS), Tin-Can Island Command, had a revenue shortfall of N2.7 billion in the first quarter of 2016, compared with the corresponding period of 2015.
The Public Relations Officer of the command, Chris Osunkwo, made the disclosure in an interview with the News Agency of Nigeria (NAN) on Tuesday in Lagos.
Mr. Osunkwo said the command generated N58.9 billion in the first quarter of 2016, and generated N61.6 billion in the corresponding period of 2015.
The Comptroller-General, Nigeria Customs Service (NCS), Hameed Ali, on April 4, at a Consultative Forum between Customs and the Manufacturers Association of Nigeria (MAN), decried the revenue shortfall.
Mr. Ali attributed the shortfall in Customs revenue to the Central Bank of Nigeria’s (CBN) policies.
He said that the service, as a whole, had a revenue shortfall of N230 billion in the last quarter of 2015.
Mr. Osunkwo, however, said that the command made some seizures along with the revenue collected in the period under review.
He said that in January the command seized 60 cartons of centre tables, 30 cartons of cooking oil, 60 cartons of fruit juice, and 25 cartons of spaghetti, all with a Duty Paid Value (DPV) of N3.6million.
Foramfera
Mr. Osunkwo said the seizures in February included: 50 bundles of used tyres, 15 cartons of table water and 10 cartons of vegetable oil, 11 bags of used clothes and three bags of used shoes, all with a DPV of N600,000.
He said that in March, the command seized 70 cartons of tissue paper, 70 cartons of nylon, 24 bags of fruit juice, 21 bags of used shoes and a woman’s bag, all with a DPV of N571, 000. (NAN)

http://www.premiumtimesng.com/business/202042-nigeria-customs-revenue-drops-n2-7-billion-tin-can-port.html?u

A Federal High Court in Abuja on Tuesday dismissed an application by the immediate past National Security Adviser, Col. Sambo Dasuki (retd), seeking an order discharging him of charges preferred against him and another order prohibiting the Federal Government from further prosecuting him.

Justice Adeniyi Ademola, in a ruling, held that the application lacked merit as same contained prayers that were not granted by any court.



The Tuesday’s ruling is the third after two previous rulings of two other judges of the Federal Capital Territory High Court in Maitama, dismissing similar applications which was filed by Dasuki in respect of two sets of separate charges preferred against him before the judges.

However, Justice Ademola in a separate ruling on Tuesday, dismissed a separate application by the Federal Government seeking protection of its 11 listed witnesses ‎whom it said were afraid of appearing to testify in the case for fear of reprisal.

He held that the prosecution failed to establish the grounds for granting such application asking for permission to shield the identities of their witnesses during trial.

The Federal Government is prosecuting Dasuki before the court on four counts of money laundering and illegal possession of firearms.

Dasuki however filed the application dated February 11, 2016, asking the court to prohibit the Federal Government from prosecuting him and discharge him of the alleged crimes on the basis that the Federal Government had disobeyed the orders granting him bail and permitting him to embark on a medical trip abroad.

He claimed that his continued detention in the custody of the Department of State Service since December 29, 2015,‎ amounted to the Federal Government being in contempt of the court order of the court granting him bail on September 1, 2015 and another granting him permission on November 3, 2015 to travel abroad for medical treatment.

The judge in dismissing the application held that the defence lawyers, Messrs Joseph Daudu and Ahmed Raji, both Senior Advocates of Nigeria, had failed to ‎follow the laid down procedure through which the court would be able to make findings on whether the prosecution was in contempt of the court orders.

The judge, who described Dasuki’s application as strange, also held that no court in Nigeria could either compe‎l the Federal Government to prosecute a suspect or prohibit it from prosecuting an accused person.

He also held that it was too early in the day to make an order discharging the accused when his trial had yet to commence
http://www.punchng.com/court-dismisses-dasukis-third-application-to-stop-trial/?utm

The confused demonic party is melting like a light candle. Slowly but gradually we shall be free from the cursed party

Last October, Nigeria’s biggest indigenous oil and gas company, Oando Plc, made history for the wrong reason when it announced a loss of N184 billion in the 2014 financial year. The loss was the biggest ever recorded by any Nigerian company.
While its shareholders bore the brunt of the bleak financial year, the company’s group chief executive, Wale Tinubu and his deputy, Omamofe Boyo, might be doing just fine as they had for years incorporated and operated a cluster of shell companies in notorious offshore jurisdictions.
Mr. Tinubu seems to be making so good a return from his shell companies that in 2008 he agreed to pay a front as much as $20,000 monthly to manage all of his offshore transactions.
Details of the offshore assets of the two top bosses at Oando Plc were among the revelations contained in the leaked massive internal data belonging to Panamanian law firm, Mossack Fonseca.
The revelations are products of an investigation, spanning over a year by the International Consortium of Investigative Journalists, German newspaper Süddeutsche Zeitung and more than 100 other global news organizations across the world.
PREMIUM TIMES is the only Nigerian media organisation involved in the investigation.
Documents obtained by PREMIUM TIMES from the huge database linked Mr. Tinubu to at least 12 shell companies.
Mr. Tinubu, documents show, secured the services of Mossack Fonseca to help him incorporate the companies in Seychelles, one of the fastest growing offshore jurisdictions in the world and notorious tax haven, the British Virgin Islands (BVI).
Foramfera
The documents also reveal that Mossack Fonseca coordinated the operation through its offices in Geneva, the British Virgin Islands and Panama.
The documents show that Mr. Tinubu is director in the following companies incorporated in Seychelles and the BVI.
Sigma Technology Inc.
Techventure Inc.
Anglesey Management SA
Caine Trading Corp
Keligh Engineering Corp
Hud Trading Corps
Meridian Procurement International Services Ltd
Lynx Shipping Ltd
Equinox Shipping Ltd
Everglade Oil Inc.
Framlingham Ltd
Triton Trading Ltd
Investigation reveal that Mr. Tinubu is either sole director of most of the companies or has unlimited powers to make decisions.
For Instance, files from the data revealed that on November 26, 2009, after a meeting of the “board of directors” of one of his shell companies, Keligh Engineering Corp, Mr. Tinubu was granted a general power of attorney as the sole signatory of the company.
The “board meeting” where this decision was made was attended by three nominee directors, – Yvette Rogers (Chairman), Jaqueline Alexander(secretary), Verna de Nelson, who are actually employees of Mossack Fonseca.
Nominee directors are appointees used in offshore tax havens to hide true owners of shell companies.
Mrs. Rogers had also served as nominee director in Stanhope Investment Ltd, Seychelles, one of the shell companies used by the imprisoned former governor of Delta State, James Ibori, to steal the resources of his oil-rich state.
As part of its #PanamaPapers series, PREMIUM TIMES had revealed how Mossack Fonseca helped Mr Ibori, who is serving a 13-year jail term in the United Kingdom for money laundering, hide funds stolen from Delta State treasury through a web of offshore companies.
In May 2007, Just like Mr. Ibori, the Oando boss also secured the services of Swiss asset management firm, Clamorgan SA, to help him incorporate Techventure Inc., Anglesey Management SA, Caine Trading Corp and Keligh Engineering in Seychelles while appointing Mossack Fonseca Geneva as registered agent and administrator for the shell companies.
On May 2, 2007, Sebastien Thierry of Clamorgan S.A, who had acted as signatory for one of Mr. Ibori’s shell companies, wrote a letter to Sonia Scampa of Mossack Fonseca, thanking her for verifying and assisting in registering the companies, as well as granting Mr. Tinubu the power of attorney.
“Following my mail yesterday and our conversation today, I reiterated the confirmation sent yesterday morning taken the following companies – Anglesey Management SA, Caine Trading Corp., KLeigh Engineering Corp. Thank you for making a power of attorney for Mr. Wale Tinubu for three companies,” he wrote in French.
It remains unclear why Mr. Tinubu hired the same offshore consultants used by Mr. Ibori to run his offshore companies. But in September 2013, British prosecutors told a court that Mr. Ibori confessed to owning “significant” shares in Oando Plc.
According to crown prosecutor, Sasha Wass, a Queen’s Counsel, while opening an account at Swiss bank, PKB, through a shell company called Stanhope Investment, Mr. Ibori told the bank he owned 30 per cent of Oando.
Oando had denied that Mr. Ibori’s wealth was hidden in the company. The company at the time circulated a statement claiming that Mr. Ibori only had 443 shares of the company’s 6.8 billion ordinary shares.
The Paid Front
The documents also revealed that apart from relying on nominee directors appointed by Mossack Fonseca to hide his ownership of shell companies in tax havens, Mr. Tinubu also hired a paid front who acted on his behalf in some of the offshore companies.
In a December 10, 2008 email to Marie-Ange (an employee of Mossack Fonseca in Geneva) Sebastien Clamorgan of Clamorgan SA revealed that Mr. Tinubu hired a front, Patrick Bastin, to act on his behalf in his offshore companies.
According to the email, Mr. Bastin was handsomely rewarded for this role. He was paid a salary of $10,000 monthly and given a corporate visa card which allowed him to spend up to $10,000 monthly.
Mr. Bastin was paid from Everglade Oil Inc’s account with a private bank in Beirut, Lebanon.
“It is agreed that M. Patrick Bastin will be acting as director for certain of Mr J.A. Tinubu companies and in this capacity will be managing all upcoming administrative commercial and financial tasks, inclusive the relationship with the several banks the companies may have bank accounts with,” the email reads.
“For this task M. Patrick Bastin will be compensated by a monthly payment of US $10 000,00 (ten thousand US $) to be paid to the bank account he will indicate.
“The account of EVERGLADE OIL INC No 239783 with Audi Saradar Private Bank seal in Beirut Lebanon will be responsible to set up a standing instruction for those payments to start on November 1 -2008.
“In addition, M. Patrick Bastin will be entitled to a Corporate Visa card from EVERGLADE OIL INC for expenses up to SS 10,000 per month to be justified after to M. J A Tinubu.
“This agreement can be terminated at any moment by M. JA. Tinubu with one month notice.”
The documents also showed that some staffers of Oando Plc were in on some of Mr. Tinubu’s incorporation of shell companies.
After the resignation of one Kirk Thompson, who is believed to be the original nominee director for Mr. Tinubu in Everglade Oil Inc., on December 14, 2007, Daniel Boyo (it is not clear whether he is a relative of Omamofe Boyo), a London-based business development consultant with Oando Trading Limited, a subsidiary of Oando Plc, sent an email on January 11, 2008 to Mr Thierry instructing him to contact Everglade Oil agents in Seychelles to draft a new certificate of incumbency for the company, mentioning Terry Cunningham as its new single director.
Nigerian businessmen and the love of Seychelles
Documents show that Seychelles is particularly an attractive offshore destination for several top Nigerian businessmen.
Several shell companies owned by Nigerians in tax havens were incorporated in the small Indian Ocean country, with a population of just under 90,000 people. They were registered as International Business Companies (IBC).
Seychelles IBCs are among the most popular IBCs in the secretive world of offshore jurisdictions. IBCs incorporated in the Seychelles are prohibited from doing businesses within the country or owning real estate. They are not required to pay taxes, submit financial details or carry out audits on their finances.
An email sent from Mossack Fonseca’s office in Seychelles to Saria Rahme Kali of Afrex and Mr Clamorgan requesting details of the bearers of the shares of a cluster of IBCs domiciled in Seychelles revealed the extensive involvement of Nigerians in offshore tax havens.
The document revealed that Sayyu Dantata, the half-brother of Africa’s wealthiest man, Aliko Dangote, is linked to seven IBC – Appelby Holding Ltd, Juno Equities Incorporated, MRS Holding Ltd, MRS Oil and Gas, Nisco Holding Ltd (60 per cent), and Oval Refining S.A, Ovlas S.A (50 per cent).
Similarly, Adetokunbo Sijuwade, the son of the late Ooni of Ife, Okunade Sijuwade, is the director of Mandhari Water Investment Inc. and Izwelethu Aluminium and Steel Inc.
Mr Tinubu’s deputy, Boyo, was listed as director in three IBCs- Everglade Oil Inc, Meridian Procurement International Services, and QVS Ltd.
Nigerians Abiose Eldred Ogan-Cole and Mojisole Adeniran both own 50 per cent share each in Qaisar.
Messrs. Wale and Boyo are yet to respond to an email sent by PREMIUM TIMES through the corporate communication manager of Oando, Alero Balogun, seeking comments for this story.
Ms. Balogun and the company’s head of corporate communications, Ainojie Irune, had promised that responses would be provided to our questions. But several days later, no response has come from the officials

Last October, Nigeria’s biggest indigenous oil and gas company, Oando Plc, made history for the wrong reason when it announced a loss of N184 billion in the 2014 financial year. The loss was the biggest ever recorded by any Nigerian company.
While its shareholders bore the brunt of the bleak financial year, the company’s group chief executive, Wale Tinubu and his deputy, Omamofe Boyo, might be doing just fine as they had for years incorporated and operated a cluster of shell companies in notorious offshore jurisdictions.
Mr. Tinubu seems to be making so good a return from his shell companies that in 2008 he agreed to pay a front as much as $20,000 monthly to manage all of his offshore transactions.
Details of the offshore assets of the two top bosses at Oando Plc were among the revelations contained in the leaked massive internal data belonging to Panamanian law firm, Mossack Fonseca.
The revelations are products of an investigation, spanning over a year by the International Consortium of Investigative Journalists, German newspaper Süddeutsche Zeitung and more than 100 other global news organizations across the world.
PREMIUM TIMES is the only Nigerian media organisation involved in the investigation.
Documents obtained by PREMIUM TIMES from the huge database linked Mr. Tinubu to at least 12 shell companies.
Mr. Tinubu, documents show, secured the services of Mossack Fonseca to help him incorporate the companies in Seychelles, one of the fastest growing offshore jurisdictions in the world and notorious tax haven, the British Virgin Islands (BVI).
Foramfera
The documents also reveal that Mossack Fonseca coordinated the operation through its offices in Geneva, the British Virgin Islands and Panama.
The documents show that Mr. Tinubu is director in the following companies incorporated in Seychelles and the BVI.
Sigma Technology Inc.
Techventure Inc.
Anglesey Management SA
Caine Trading Corp
Keligh Engineering Corp
Hud Trading Corps
Meridian Procurement International Services Ltd
Lynx Shipping Ltd
Equinox Shipping Ltd
Everglade Oil Inc.
Framlingham Ltd
Triton Trading Ltd
Investigation reveal that Mr. Tinubu is either sole director of most of the companies or has unlimited powers to make decisions.
For Instance, files from the data revealed that on November 26, 2009, after a meeting of the “board of directors” of one of his shell companies, Keligh Engineering Corp, Mr. Tinubu was granted a general power of attorney as the sole signatory of the company.
The “board meeting” where this decision was made was attended by three nominee directors, – Yvette Rogers (Chairman), Jaqueline Alexander(secretary), Verna de Nelson, who are actually employees of Mossack Fonseca.
Nominee directors are appointees used in offshore tax havens to hide true owners of shell companies.
Mrs. Rogers had also served as nominee director in Stanhope Investment Ltd, Seychelles, one of the shell companies used by the imprisoned former governor of Delta State, James Ibori, to steal the resources of his oil-rich state.
As part of its #PanamaPapers series, PREMIUM TIMES had revealed how Mossack Fonseca helped Mr Ibori, who is serving a 13-year jail term in the United Kingdom for money laundering, hide funds stolen from Delta State treasury through a web of offshore companies.
In May 2007, Just like Mr. Ibori, the Oando boss also secured the services of Swiss asset management firm, Clamorgan SA, to help him incorporate Techventure Inc., Anglesey Management SA, Caine Trading Corp and Keligh Engineering in Seychelles while appointing Mossack Fonseca Geneva as registered agent and administrator for the shell companies.
On May 2, 2007, Sebastien Thierry of Clamorgan S.A, who had acted as signatory for one of Mr. Ibori’s shell companies, wrote a letter to Sonia Scampa of Mossack Fonseca, thanking her for verifying and assisting in registering the companies, as well as granting Mr. Tinubu the power of attorney.
“Following my mail yesterday and our conversation today, I reiterated the confirmation sent yesterday morning taken the following companies – Anglesey Management SA, Caine Trading Corp., KLeigh Engineering Corp. Thank you for making a power of attorney for Mr. Wale Tinubu for three companies,” he wrote in French.
It remains unclear why Mr. Tinubu hired the same offshore consultants used by Mr. Ibori to run his offshore companies. But in September 2013, British prosecutors told a court that Mr. Ibori confessed to owning “significant” shares in Oando Plc.
According to crown prosecutor, Sasha Wass, a Queen’s Counsel, while opening an account at Swiss bank, PKB, through a shell company called Stanhope Investment, Mr. Ibori told the bank he owned 30 per cent of Oando.
Oando had denied that Mr. Ibori’s wealth was hidden in the company. The company at the time circulated a statement claiming that Mr. Ibori only had 443 shares of the company’s 6.8 billion ordinary shares.
The Paid Front
The documents also revealed that apart from relying on nominee directors appointed by Mossack Fonseca to hide his ownership of shell companies in tax havens, Mr. Tinubu also hired a paid front who acted on his behalf in some of the offshore companies.
In a December 10, 2008 email to Marie-Ange (an employee of Mossack Fonseca in Geneva) Sebastien Clamorgan of Clamorgan SA revealed that Mr. Tinubu hired a front, Patrick Bastin, to act on his behalf in his offshore companies.
According to the email, Mr. Bastin was handsomely rewarded for this role. He was paid a salary of $10,000 monthly and given a corporate visa card which allowed him to spend up to $10,000 monthly.
Mr. Bastin was paid from Everglade Oil Inc’s account with a private bank in Beirut, Lebanon.
“It is agreed that M. Patrick Bastin will be acting as director for certain of Mr J.A. Tinubu companies and in this capacity will be managing all upcoming administrative commercial and financial tasks, inclusive the relationship with the several banks the companies may have bank accounts with,” the email reads.
“For this task M. Patrick Bastin will be compensated by a monthly payment of US $10 000,00 (ten thousand US $) to be paid to the bank account he will indicate.
“The account of EVERGLADE OIL INC No 239783 with Audi Saradar Private Bank seal in Beirut Lebanon will be responsible to set up a standing instruction for those payments to start on November 1 -2008.
“In addition, M. Patrick Bastin will be entitled to a Corporate Visa card from EVERGLADE OIL INC for expenses up to SS 10,000 per month to be justified after to M. J A Tinubu.
“This agreement can be terminated at any moment by M. JA. Tinubu with one month notice.”
The documents also showed that some staffers of Oando Plc were in on some of Mr. Tinubu’s incorporation of shell companies.
After the resignation of one Kirk Thompson, who is believed to be the original nominee director for Mr. Tinubu in Everglade Oil Inc., on December 14, 2007, Daniel Boyo (it is not clear whether he is a relative of Omamofe Boyo), a London-based business development consultant with Oando Trading Limited, a subsidiary of Oando Plc, sent an email on January 11, 2008 to Mr Thierry instructing him to contact Everglade Oil agents in Seychelles to draft a new certificate of incumbency for the company, mentioning Terry Cunningham as its new single director.
Nigerian businessmen and the love of Seychelles
Documents show that Seychelles is particularly an attractive offshore destination for several top Nigerian businessmen.
Several shell companies owned by Nigerians in tax havens were incorporated in the small Indian Ocean country, with a population of just under 90,000 people. They were registered as International Business Companies (IBC).
Seychelles IBCs are among the most popular IBCs in the secretive world of offshore jurisdictions. IBCs incorporated in the Seychelles are prohibited from doing businesses within the country or owning real estate. They are not required to pay taxes, submit financial details or carry out audits on their finances.
An email sent from Mossack Fonseca’s office in Seychelles to Saria Rahme Kali of Afrex and Mr Clamorgan requesting details of the bearers of the shares of a cluster of IBCs domiciled in Seychelles revealed the extensive involvement of Nigerians in offshore tax havens.
The document revealed that Sayyu Dantata, the half-brother of Africa’s wealthiest man, Aliko Dangote, is linked to seven IBC – Appelby Holding Ltd, Juno Equities Incorporated, MRS Holding Ltd, MRS Oil and Gas, Nisco Holding Ltd (60 per cent), and Oval Refining S.A, Ovlas S.A (50 per cent).
Similarly, Adetokunbo Sijuwade, the son of the late Ooni of Ife, Okunade Sijuwade, is the director of Mandhari Water Investment Inc. and Izwelethu Aluminium and Steel Inc.
Mr Tinubu’s deputy, Boyo, was listed as director in three IBCs- Everglade Oil Inc, Meridian Procurement International Services, and QVS Ltd.
Nigerians Abiose Eldred Ogan-Cole and Mojisole Adeniran both own 50 per cent share each in Qaisar.
Messrs. Wale and Boyo are yet to respond to an email sent by PREMIUM TIMES through the corporate communication manager of Oando, Alero Balogun, seeking comments for this story.
Ms. Balogun and the company’s head of corporate communications, Ainojie Irune, had promised that responses would be provided to our questions. But several days later, no response has come from the officials
http://www.premiumtimesng.com/news/headlines/202000-panamapapers-tinubu-operated-12-shell-companies-tax-havens.html

The answer is one

So he bombed the generator or told nepa to take light

Arrant nonsense

I hope the court grants their plea it will teach those trigger happy soldiers that they job is to protect Nigerians not murder them

Throw that general Officer Commanding HQ 7 Division, Major General M. Y. Ibrahim, in jail he is a boko haram sympathizer

This poll is conducted of wailers by IPod and for iPad

APC zombies

Lalasticla front page. Wailers club are increasing day by day

Even the change headquarters is feeling bubu incompetence

Sen. Ita Enang, Senior Special Assistant to the President on National Assembly Matters (Senate), said President Muhammmadu Buhari did not reject the 2016 budget as being speculated.

Enang told newsmen in Abuja on Monday that media reports alleging that the budget had been rejected were untrue.

He said that what Buhari did before travelling to China was to send the budget to ministries in order to get feedbacks that would inform his assent.

“The president received the budget and convened an emergency Federal Executive Council meeting.

“He gave each of the ministers, departments and agencies the opportunity to look at the details as submitted by the National Assembly.

“This is to enable him get opinion on the state of the budget to enable him take a decision.

“The exercise was conducted on Friday and it is ongoing by the different ministers and ministries,” he explained.

Enang said that currently, Buhari had not fouled the constitutional time frame to assent to the budget, adding that it should not be assumed that the budget had been rejected.

“The constitutional time frame for Mr President’s receiving and considering the budget began on Friday last week.

“The question has not arisen as to returning or otherwise.

“But, I want to say the best way we as liaison officers are handling this matter is to speak less and work more, creating interactions.

“So, we will raise more interactions, consultations, engagements.

“There is nothing for the country to worry about, because we do not want to have crisis between the Executive and the Legislature, and it would not arise; this is one government,” he said

Read more at: http://www.vanguardngr.com/2016/04/2016-budget-not-rejected-executive-presidency/

A former National Security Adviser, Sambo Dasuki, on Monday triumphed at the Economic Community for West African States (ECOWAS) court in the first leg of his court action challenging his alleged unlawful arrest and detention since December last year by the Nigerian government.

Against the objection of government, the court ruled in Abuja that it has jurisdiction to entertain the suit brought before it by Mr. Dasuki for the enforcement of his fundamental rights to liberty and to own property as enshrined in the Nigerian 1999 constitution and African Charter on fundamental rights of persons, news agency, PRNigeria, is reporting.

In the ruling delivered by Justice Friday Chijoke Nwoke, the ECOWAS court dismissed the objection of government against Mr. Dasuki’s suit on the ground that the objection was misconceived, frivolous and lacked merit.

Justice Nwoke who delivered the unanimous ruling by the three-member panel of the court, held that the claim of government that Mr. Dasuki’s case emanated from his trial on certain offences was inappropriate since the relieves sought by Mr. Dasuki had nothing to do with his ongoing trial at the domestic courts of Nigeria.

The justices held that the claim of government that Mr. Dasuki ought to have filed contempt charge against the Nigerian government for disobeying court orders cannot be sustained because the case of the applicant is not ambiguous, in that it has no root from any criminal trial in any court.

Justice Nwoke said at any rate, the claim by the Nigerian government could not stand in the face of the law because there was no evidence that Mr. Dasuki had filed similar matter in any international court.

The judge said even if he had similar matter in any Nigerian court (up to Supreme Court), such a domestic court would not be allowed the status of an international court as envisaged in the treaty in which Nigeria is signatory.

“In our opinion, what Dasuki brought before us as a case is an issue for the enforcement of his fundamental rights to liberty and own property and against unlawful arrest, unlawful detention and unlawful seizure of properties without any court order or warrant of arrest.

Foramfera
“From the totality of the issues brought before this court, it is clear and there is no ambiguity that the applicant is seeking enforcement of his right to freedom and not on the issue of his trial for any alleged offence before any Nigerian court”.
Justice Nwoke further said, “Therefore, the objection of the government and the request that the case of the applicant in this matter be struck out on the ground of emanating from any criminal matter has no basis, the claims and the request lack merit and hereby dismissed and we declare that the application of Dasuki is admissible to this court,” the court said.
The sub-regional court said it was not out to decide the issue of whether the applicant is guilty of the charges against him in the Nigerian courts or not but simply to ascertain whether his continued detention, having been granted bail in criminal matters and rearrested since last year and kept in an unknown place, constitute an abuse of his rights to freedom.
Mr. Dasuki, through his lawyer, Robert Emukpoeruo and Wale Balogun, had filed an action before the ECOWAS court to complain that Nigerian security agencies invaded his homes in Abuja, Kaduna and Sokoto without any court order or warrant of arrest and seized his properties, comprising vehicles, money and documents, an action he argued amounted to abuse of his rights to liberty as enshrined in section 36 and 34 of the 1999 constitution and other international laws to which Nigeria is signatory.
Besides, he complained that the invasion of his homes by operatives of government traumatised his 94-year old father who became traumatised and had, up till now, yet to recover from the sickness that followed.

Mr. Dasuki therefore asked the ECOWAS court to award N500million compensatory damages in his favour having been denied access to medical attention abroad as ordered by a Nigerian court since November last year.

The government, through its lawyer, Tijani Gazali, had objected to Mr. Dasuki’s case on the ground that the ECOWAS court had no jurisdiction to dabble into the trial of any Nigerian in a Nigerian court and asked the ECOWAS court to strike out the case, saying it constituted an abuse to the Nigerian courts.
After the court dismissed the objection of the Nigerian government, it fixed May 17 and 18, 2016 for hearing of the substantive matter._

http://www.premiumtimesng.com/news/headlines/201595-ex-nsa-sambo-dasuki-floors-nigerian-govt-ecowas-court.html