₦airaland Forum

mrkingjerry:
U Dey crazy for head oh. U talk like as if u are been to the palace. Local goat like u.

arazanbal:
D third empire in d world,recognise all over d world,bt ur tribe does nt even exist if nt for d amalgamation of 9ja

jude33084:
Please try to visit Shomolu area of Lagos bro

DancingSkeleton:
na maggot go lay eggs for DAT ur mouth

North Korea says it has succeeded where the greatest minds in science have failed.
The authoritarian impoverished nation announce a drug that can prevent and cure Mers, Ebola, Sars and Aids.
The official Korean Central News Agency(KCNA) said scientists developed Kumdang-2 from Ginseng grown from fertiliser mixed with rare-earth elements and "micro quantities of gold and platinum", according to it's website Kumdang2.com.
"Malicious virus infections like Sars, Ebola and Mers are diseases related to immune systems, so they can be easily treated by Kumdang-2 injection drug which is a strong immune reviver". KCNA said.
The secretive state did not provide proof and the claim is likely provoke widespread skepticisim.
North Korea shut out foreign tourists for six months with some of the world's strictest Ebola controls, even though no case of the disease were reported anywhere near the country before lifting the restrictions early this year.
It is believed to be struggling diseases such as tuberculosis, and respiratory infections are some of it's most common courses of death according to the world health organisation.
North Korea trumpeted the same drug during bird flu outbreaks in 2006 and 2013.
According to the pro North Korean website Minjok Tongshin, the drug was originally produced in 1996.
The North Korea claim comes as rival South Korea fights an outbreak of Mers that has killed two dozen people and sickened more than 160 since last month. There's no vaccine for the disease.
A website for the wonder drug can be found at Kumdang2.com in Russian and English, and Europeans wanting to take a course can buy it from the Moscow based distributor Korea bud - The basic course of injections starts at 1,500 roubles (£17.50).

Aminat508:
thanks sir

Larablink:
please sweetie modify and add Akposy.

iamkingzlee:
Thank you sire! God bless you plenty...

Aminat508:
Handie my boss please vote for Agarawu23 and Scentmarlc. Thanks

Nas00 biko vote for us

AreaFada2:
And GEJ's "failure" (due mostly to unpatriotic propagandist, fifth columnists, bad belle & Boko sponsors) was just GEJ's failure only, bah?
Wow!
I wish people knew/admitted that supporting GEJ to at least complete his time in office was in 9ja's interest.

APC are having a taste of the many distractions, betrayals and intrigues that come with power.

Maybe after their regime, they will make a better, contructive opposition in the future.

Firefire:
Finally...!

On the occasion of today's fathers day, I pray that President Mohamodu Buhari finds Grace to rule with the fear of God.

May your stay in Aso-rock brings peace, change and transformation to Nigeria and Nigerians.

May the CHANGE be real and may all your campaign promises be fulfilled.

God bless Nigeria.


Firefire!

The Economic and Financial Crimes
Commission, EFCC, on Friday moved against
convicted felon and former minister of
Petroleum, Dan Etete, over the transfer of $1.1
billion made to his phoney company, Malabu
Oil and Gas, for the sale of OPL 245 to Italian
oil giant, Eni and Royal Dutch Shell by the
Goodluck Jonathan administration.
Mr. Etete was grilled Friday by detectives at the
EFCC head office in Abuja.
Sources in the agency, who asked not to be
named because they have no permission to
speak on the matter, told PREMIUM TIMES that
Mr. Etete, who was convicted for money
laundering in France in 2005, was summoned
by the anti-graft commission to answer
questions regarding another curious huge fund
transfer to Switzerland.
The money was seized by Swiss authorities
which then requested the EFCC to help call in
the former oil minister for questioning.
One of our sources said Mr. Etete honoured the
EFCC’s invitation on Friday and was extensively
grilled extensively by operatives over that
separate controversial transfer to Switzerland,
and then about the curious $1.1 billion
payment made to Malabu by the Jonathan
administration, which the anti-graft agency has
been investigating for years.
That “corruption-tainted” transfer has attracted
widespread international condemnation.
PREMIUM TIMES learnt that Mr. Etete arrived
the EFCC headquarters in the Maitama District
of Abuja at noon on Friday, and was only
released on administrative bail at about 5.P.M
after he made an undertaking to return for
more questioning on Monday.
“He first answered questions about the new
controversial Swiss transfer,” one of our
sources said. “But when our men started asking
him questions about the pending issue of the $
1.1billion payment, he pleaded to be allowed
to go gather all necessary documents
concerning that transaction. So we committed
him to returning here (EFCC office) on
Monday.”
The spokesperson for the anti-graft agency,
Wilson Uwujaren, could not be reached Friday
night to comment for this story.
Background
The EFCC has been investigating the
controversial $1.1billion payment for years,
but apparently did not enjoy the cooperation of
the immediate past Goodluck Jonathan
administration which ordered the transfer even
when it is clear that Malabu is a “company” that
has serially violated Nigerian laws.
The Jonathan administration failed to approve
or support an investigation even when the
scandal triggered by the payment sparked a
probe by the House of Representatives, and led
to criminal cases in Italian and British courts.
That administration, in fact, actively
participated in the dubious transfer of the $1.1
billion when former Attorney General,
Mohammed Adoke and former Minister of
State for Finance, Yerima Ngama, offered the
government’s platform to Malabu as a conduit
for the round-tripping.
PREMIUM TIMES investigation at the time
revealed that Mr Adoke, on August 16, 2011,
hurriedly and furtively authorised the transfer
of the money to Malabu, which has a fake
address, from a Nigerian government account
with JP Morgan International Bank, a day
before the resumption of the former minister
of finance, Ngozi Okonjo-Iweala.
Malabu subsequently transferred the money to
other phony companies with falsified addresses
in what the EFCC described at the time as a
“cloudy scene associated with fraudulent
dealings”.
This newspaper further found that at the time
the Federal Government transferred the huge
sum to Malabu, the company was a criminal
entity as it had not only registered using a
fictitious character, it also maintained a fake
address with the Corporate Affairs
Commission.
The company created a fictional character,
Kweku Amafegha, and made him one of its
directors and shareholders at inception.
By that singular act, Mr. Etete and other
promoters of Malabu violated section 563 of
the companies and allied matters act.
Lawyers say by creating a fictitious character as
director and using a fake address, Mr. Etete is
liable to at least seven years in prison by virtue
of sections 190 and 436 of the criminal code
act.
“Section 190 and Section 436 (b) of the Criminal
Code Act is applicable to the conduct of the
promoter of Malabu, in that a false
representation or declaration was made to
induce the Corporate Affairs Commission to
issue an incorporation certificate,” said Jiti
Ogunye, a Lagos based lawyer.
Mr. Ogunye, who compared the Malabu case to
that of companies used as fronts by Tafa
Balogun, convicted former Inspector General
of Police, urged the CAC to de-register Malabu.
“Owing to the false representation, the
Corporate Affairs Commission can approach the
Federal High Court under Section 563 of CAMA
to seek the withdrawal and cancellation of the
Certificate of Incorporation of Malabu. It
should be recalled in this regard, that in the
Tafa Balogun’s case, the Court ordered that the
companies that were incorporated as the
vehicles and facilitators of fraud be de-
registered by the CAC,” the lawyer said.
In its registration papers with the CAC, Malabu
gave its address as 35 Kingsway Road, Ikoyi. The
company also used this address in several
correspondences with the Ministry of
Petroleum Resources.
When PREMIUM TIMES checked, it found that
Malabu never occupied the premises.
Dredging International Services, a marine and
waterway contractor, occupies the address.
“We’ve been here for 10 years. If they were
here, they did not leave a forwarding address
when they left. You can go and check on the
internet,” the secretary of Dredging
International Services, who did not want her
name in print, told PREMIUM TIMES.
Another address, 43 Kingsway Road, Ikoyi,
which Malabu used in a 2006 correspondence
with the petroleum ministry, did also not exist.
No. 41 Kingsway Road is a residential home.
The next three buildings are a 15 storey service
flats operated by Fieldco Limited; Southern Sun
hotel; and Golden Gates restaurant in that
order.
In what federal investigators described as
“curious”, Malabu did not only claim fake
addresses, it also transferred the money it got
from the Nigerian Government to other
equally dubious companies.
PREMIUM TIMES investigations found that
Malabu transferred half of the money, $523
million, to companies co-owned by Abubakar
Aliyu, a man who has been enmeshed in
several controversial deals with government
officials and agencies, and whom anti-
corruption investigators described as “Mr.
Corruption”.
A-Group Construction Company, a firm co-
owned by Mr. Aliyu, which says its address is
situated at Plot J165A Harold Shodipo Crescent,
Ikeja G.R.A, Lagos, in CAC records, got
N23.6billion ($157mn) from Malabu from the
transfer.
A visit to the address revealed that it is a
residential home, the initial occupants having
relocated and not leaving behind a contact
address.
“They moved to Abuja since 2010 and they
didn’t drop any address with which they can be
reached,” said a security man at the gate.
Another company, Imperial Union Limited,
received N5.1billion ($34million).
The company’s address in its official papers
with the CAC is Plot 14 Wempco Road, Ikeja,
Lagos. The address is non-existent, according to
checks by PREMIUM TIMES.
“I’ve been here for about three years and I’ve
never heard of such a company,” said a security
officer at a Guinness warehouse on Wempco
Road.
The most intriguing of all the companies that
part of the money was transferred to is Novel
Properties and Development Company
Limited. It got got N4.5billion ($30mn) from
the transfers.
Novel Properties and Development Company
Limited is co-owned by Mr. Aliyu, who is listed
as one of the four directors of the company in
CAC records. The company’s registered address
is at 22 Capitol Road, Agege, Lagos.
PREMIUM TIMES findings show that two
buildings stand at No. 22 Capitol Road, Agege –
a large residential home owned by a man
known as Alhaji Surusu and a small office run
by Jide Ismail, a property consultant.
“My company has been here for more than 10
years and we have not received such money
from anybody,” said a visibly alarmed Mr.
Ismail.
“We’ve never heard of anything like Novel
(Properties). There are only three of us in
property development along this road,” he
added.
While the claimed (false) address of Novel is on
the Lagos mainland, further investigations
uncovered another company bearing a similar
name at 8/10 Broad Street, Western House,
Marina, Lagos, on the Lagos Island.
At the Marina address, Souki-Novel Limited,
the parent company of Novel Properties, along
with some law firms, occupies the offices on
the 15th floor.
The owners of Souki-Novel, however, say their
company only bears a similar name with Mr.
Aliyu’s.
“I’d feared something like this would happen
when I discovered there were two of us
bearing the same name,” said S.A Agidee, a
partner at Souki-Novel.
“I complained to the CAC about this and they
told me there was nothing wrong with it,” he
added.
In order to clear the air on the retainership of
its name, Mr. Agidee wrote to Mr. Aliyu’s Novel
in an attempt to resolve the matter.
“We believed we should meet with our good
selves to discuss the issue of similarity and
possibly mistaken identities,” wrote Mr.
Agidee, in the letter which he also copied to
the CAC.
“We do hope you appreciate the full implication
of this especially in relation to financial issues,”
he added.

dunkem21:
No remind me of el-rufai, kwankwaso, Lai, Oyegun, Oshiomhole ..

..Amaechi must take frog jump before we continue ..

dunkem21:
Yeah, Tambuwal, Okorocha, Fashola, Gbajabiamila, ..na God go flog Aregberascal personally

dunkem21:



You're right ..One day, the poor will have nothing to eat but to eat Tinubu and Atiku ..Do I add Buhari.