₦airaland Forum

I like this Reno guy no be small. God will continue to nourish your wisdom

Ada Nri1: Lol. The fear of crocs is the beginning of safety. Ask captain hook.

Jake and the never land pirates!

Source please

Never say never!!! GEJ must continue and let the blood suckers go to hell.
The north thinks power is their birthright after milking the country dry from 1960, bloody parasites
I only shake my head for that prodigal son

Cerebral malaria.

Biodup: Ajatuka nitagbari, bi eyin bafo oro inu e nbaje apc ematuka asewa... Ojo lorona mugi ojo loroto mule labour party ema posi

you be native doctor?

Tinubu is a renowned traitor when it comes to aligning with the northerners. He has used Ribadu and Atiku and dumped them. Buhari will be of no difference. Mark my words

Lordave: seconded!

Thirded

presher: GOODLUCK IS NT A SAINT BUT HE IS BEST BUT 2015 IS AFAR LET HIM CONCETRATE

Agreed! For me there's no option. Only GEJ and nobody else

Sounds interesting, and very constructive analysis

There was jubilation among leaders and supporters of the All Progressives Congress (APC) following last Wednesday’s approval of their registration application by the Independent National Electoral Commission (INEC). The electoral umpire had in a statement signed by its outgoing Secretary, Abdullahi A. Kaugama, said: “The Independent National Electoral Commission (INEC) has approved the application by three opposition political parties: the Action Congress of Nigeria (ACN), the All Nigeria Peoples Party (ANPP) and the Congress for Progressive Change (CPC) to merge into one; to be known as All Progressive Congress (APC)…”

The APC leaders and their teeming supporters had every reason to roll out their drums in celebration of this anticipated, albeit, rare political feat. Apart from the fact that it was the first time since the return to democracy in 1999 that registered political parties could voluntarily give up their individual identities to coalesce into a new political entity, the journey through the registration process was arduous. Sequel to its application, which was submitted to through their merger committee, there were attempts by some political groups-alleged to be PDP sponsored- to scuttle the registration through counter applications to INEC. Given the intrigues and controversy generated, it was therefore hardly surprising the conviviality that greeted INEC’s decision to grant franchise and put an end to what had become a titanic scramble for the APC acronym.
But beyond the registration victory lies the real political journey ahead of the APC and the leaders of the newly registered party are certainly not oblivious of this fact. As they settle down to the daunting business of consolidating on the victory of their registration, leaders of the APC would certainly be confronted by tougher hurdles in their bid to wrest power from the ruling PDP which has vowed to retain its dominance and stronghold on the Nigerian political landscape. Some of these hurdles are analyzed below:
Anambra election:
The forthcoming governorship election in Anambra State provides the first opportunity for testing the electoral strength and acceptability of the newly registered APC. How prepared the party is to mobilize its membership not only to participate but also emerge victorious in the election remains a big challenge.
Although former ANPP national chairman, Dr. Ogbonnaya Onu told Sunday Trust during an exclusive interview at the weekend that the registered APC would fully participate in the Anambra governorship election, there seems to be a hurdle as the rival African Peoples Congress has also vowed to participate in the election using the same name and logo.
The chairman of the rival APC, Onyinye Ikeagwuonu, said at a press briefing last Thursday that they had commenced the sale of expression of interest forms for the election and vowed that it would resist any attempt by INEC to accept another ACP candidate other than theirs in the election. This identity portends potential crisis with regards to the participation of APC in the forthcoming Anambra governorship election as there is the likelihood of either parties going to the law courts to challenge the other from fielding candidate under the APC acronym
Internal democracy:
One of the concerns of the major opposition parties that have merged to form the APC is the alleged lack of internal democracy within the ruling PDP. The point of departure would be for the APC to prove beyond reasonable doubts to Nigerians that it is truly not a party of ‘garrison commanders’. Analysts and critics would be watching out to see if the leaders of the new political party would quickly settle down to the challenge ahead or preoccupy themselves with infighting over who calls the shots within the hierarchy of the APC more so that leaders of the merged parties had been accused of dictatorial traits. For instance while General Muhammadu Buhari, was viewed as the ‘sole proprietor’ of the CPC who unilaterally imposed candidates on the party, Asiwaju Ahmed Bola Tinubu, leader of the ACN was seen as a dictator who singlehandedly decided who got what within the party, particularly in the southwest where the party had it dominance. Similarly, former BoT chairman of the ANPP and erstwhile governor of Borno state, Ali Modu Sheriff was regarded as the sole financier of the party who ran its affairs at his whims. With these ‘political giants’ coming together under one political platform, it remains to be seen if they would keep their individual ego and interests aside and allow the entrenchment of internal democracy within the new APC.
The immediate past chairman of the ANPP Dr. Ogbonnaya Onu, however, allayed fears of dictatorship within the APC. Onu told Sunday Trust in an exclusive interview that the party would strictlybe guided by the letters of its Constitution which does not give room for such.
LEGAL hurdle:
Despite its celebrated registration, trouble seems not to be over for the APC as its rival- the African Peoples Congress, has kicked against INEC’s decision and vowed to proceed with its court action against the registration.
At a news conference in Abuja last Thursday, national chairman of the rival APC, Onyinye Ikeagwuonu who described the recognition of the APC as ‘black-market registration’ said it was still in court challenging INEC’s rejection of its registration application, insisting that the APC acronym was not available for the new party. Ikeagwuonu argued that even though INEC rejected its application, the process of registration does not end with the electoral body citing section 79 of the Electoral Act as providing that any association whose application is turned down could proceed to the court. “The implication of that section (79) is that the power to register a political party does not end with INEC once a judicial review is being sought, he said.
Similarly, the All Progressive Party (APGA) whose rival faction had endorsed the APC merger has threatened the registered party with court action for being enlisted in an advertorial as one of the four parties that merged to form the APC.
The national chairman of APGA, Victor Umeh, gave Governor Babatunde Fashola of Lagos state who sponsored the said advertorial seven days within which to publish a retraction in the newspapers where he published the advertorial congratulating the APC for a successful registration.
With the threat of legal actions against the APC it remains to be seen how the opposition party would cross this hurdle and get down to business. Again, Dr. Onu said the new party was not threatened by the court actions because the merging parties have fulfilled the constitutional requirements for registration.

Election of party executives at all levels:
Another challenge that the registered APC would face as a test-case is the election of party executives at the national, state, zonal, local government and ward levels. Apart from consolidating the structures of the four political parties at the federal state and local government level, the task of conducing congresses and conventions to elect officials is one observers would be watching with keen interest to see how successful it would go especially given the experience of the PDP where congresses were flawed and candidates were merely handpicked by state governors and other party executives. For instance, observers would be interested in the formula of how to concede leadership in each state, local government and ward level to the component party that is currently the strongest in each zone. While the ACN is clearly dominant APC component in the southwest, the northern states would certainly pose a problem where the APC is less visible. The formula to be used by the APC in electing its leaders would therefore be a matter of interest to pundits.
Membership drive:
Closely related to the hurdle of election of party executives is the challenge of membership drive. The APC must convince Nigerians that it is truly prepared to provide alternative leadership to the ruling PDP as a way of attracting membership. Many Nigerians had perceived the merging political parties along regional and ethnic lines. In its drive for membership therefore, the party must work hard to convince Nigerians that it is a national political platform whose membership are drawn from all Nigerians irrespective of ethnic, regional or religious background. With the ruling PDP still maintaining its lead as the largest party in the country with the highest number of followers, the APC would have a Herculean task in changing the status quo. This is more so that the PDP is not folding its arms to the threat of the opposition as it has embarked on series of reconciliations aimed at appeasing its aggrieved members and wooing new members into its fold.
Likely PDP moles:
There is also the threat that the ruling PDP may likely launch incursion into the ranks of the registered APC by planting moles to break its hierarchy. Even before the registration of the party, some of the merging opposition parties were accused of working in the interest of the ruling party. For instance Zamfara state Governor who led a delegation of Muslim clerics on a visit to President Jonathan was accused of nursing discreet moves to back Jonathan’s 2015 Presidency. Several other opposition parties are said to be working in concert with the ruling party and how the registered APC is able to break this covert bond is a task analysts say it must not handle with kid gloves.
Funding:
The registered APC would also contend with the issue of funding, especially that the electoral body INEC had withdrawn its statutory subventions for registered political parties. Experience even within the ruling PDP has shown that ‘money bags’ other financially well to do chieftains tend to exert undue influence in running of the affairs of the party due to their financial strength. As a new party that is just taking off on a clean slate therefore, the APC faces the challenge of how the party would be funded without necessarily depending on the financial muscle of the so-called money bags that are likely to hijack the affairs of the party at their whims. Analysts are of the view that an independent funding mechanism that would make the party less dependent on perks from influential politicians would do the party well in tackling the challenge of funding.
Regional factor:
The perception that the merging opposition political parties operated along ethnic and regional lines is also a factor that the new APC would have to contend with if it has to maintain national spread and compete with the ruling party. While the ACN was widely perceived as a “Yoruba party” with its dominance in the south-west, the CPC was viewed as a party that appeals to the sentiments to a particular religion and geopolitical zone due to the perceived influence of its national leader. APGA on the other hand had been termed as a party for the south-east dominated by the Ibo speaking people. Having coalesced into a single political entity called the APC, the new party must convince Nigerians that it is truly a national party with no traits of regional or ethnic coloration. It was against this backdrop that the composition of the interim national executives of the party was believed to have favored a particular region at the expense of the others. The APC would have to work hard in addressing this factor by ensuring that federal character is reflected in terms of elective and political appointments.
Threat from smaller political parties:
The APC must not take for granted the threat posed by less small opposition political parties some of whom were underrated in the merger process. These seemingly insignificant political parties owned by ‘briefcase politicians’ could easily constitute a stumbling block to the registered APC. For instance they could easily form covert alliances with the PDP, especially during elections by declaring their support for candidates of the ruling party during general elections at the expense of the opposition. It therefore behooves on the registered APC not to undermine the ‘smaller’ opposition political parties but rather work towards galvanizing their support in providing a formidable opposition to the ruling PDP. Analysts believe that this one sure way that the APC would still maintain an alliance with the less strong parties rather than leaving them at the mercy of the PDP that could easily use them to their political advantage.
Battle for supremacy:
Fears are also being expressed that the new APC may preoccupy itself with the fight among the party gladiators over who calls the shots in the new party. Added to this is the seeming crisis that is likely to occur in the election of delegates or candidates during elections. The likely area of conflict is who the next Presidential candidate of the party becomes during the 2015 general elections. Each of the three major parties that have merged would want a shot at the Presidency and how such interests would be compromised for the overall interest of the new party would be a critical factor in the party’s outing during the 2015 general election.
In spite of all these seemingly difficult hurdles, the new APC is optimistic of giving the ruling PDP a run for their life. Dr. Ogbonnaya Onu told Sunday Trust in an exclusive interview that the APC is not unmindful of the challenges ahead but prepared to brace up to therm. He said: “Like sugar that easily dissolves when it comes into contact with water, the merged political parties having dissolved into one political entity would forget their individual differences and become one united front.”

Source: http://sundaytrust.com.ng/index.php/top-stories/13915-10-challenges-ahead-of-apc

.....and the Igbos will still vote for APC? SMH

Nigeria's football federation has imposed a life ban from all football-related activities on the players and officials from the amateur clubs involved in two matches that yielded a total of 146 goals earlier this month.

Plateau United Feeders crushed Akurba 79-0 while Police Machine demolished Babayaro 67-0 in third division promotion play-offs. Both winning teams had been looking for a superior goal difference to advance.

"Investigation showed that all the players and officials of the four teams were involved in the shameful act," Nigeria Football Federation vice president Mike Umeh said in Abuja on Monday.

"It was embarrassing that in one of the games, a player scored 11 times while in the other, four goals were scored within a minute and a player scored three own-goals in a match."

The NFF had set up a committee to investigate the matter after Feeders scored 72 goals in the second half of their game and Police Machine netted 61 times after the break.

"All the players and officials of the four clubs involved in the two matches including all the technical and administrative staff who led them to the play-off in Bauchi are banned for life," Umeh added.

"The captain of Akurba FC, Arijide Said Timothy, who scored three own-goals against his team is believed to have been the arrowhead in the scandalous result. Thus, we recommend his ban from all football activities for life.

"The match officials consisting of the entire centre referees and their assistants and match commissioners for the two matches are also banned for life for not living up to their responsibility and allowing the game to be brought into disrepute.

"The four clubs ... are banned for a period of 10 years."

Reuters - 7/22/13, 10:35 PM

eddiebruk: Kogi, Jigawa, Nasarawa, Katsina, JOS, choose one

Be specific

sleekdot: Are they not your brothers?

God forbid

The winner gets N1,500 MTN recharge card.

gtrust: Men, I love those seats!
they look like genuine 5 star leather.

Anyone knows if and where we can get them in Nijja

Go to Ladipo in Lagos

FRONT PAGE . PLEASE

Prowizy2: Retardeen..

Proverbs 22:6
Train up a child in the way he should go:
and when he is old, he will not depart from it.

Don't blame you sha

doncaster: God forbid we will not witness such again.

AMEN OOOO. Amin e po

Disaster

gen2briz: RIP to the dead.... بالنسبة له نأتي له، له سنذهب بالتأكيد

Wetin be this?

[quote author=ola_pluto]I must say I'm almost tempted to give up on this issue of 'Muslims renouncing violence'. Imams do this every week, some persons have been banned from holding gatherings around Mosques. Almost all mosques in London have measures in place to curb this unislamic doctrination of violence. The unfortunate thing is that some individuals have personal issues to sort out against the governments, and are hiding under religion to do such.
Why must Muslims be insulted, labelled terrorist and expected to condemn terrorism everytime someone acts stupid? How many times were the pope or christian leaders called on to denounce the violence of Christian terrorists? The guy in Norway is a viable analogy.[/quote]Please read this
Pope Benedict XVI encouraged everyone to renounce hatred, as he spoke to both pilgrims and tourists from the balcony of his summer home in Castel Gandolfo, Italy on Sunday, according to the Associated Press. The pope also encouraged prayers for the victims and loved ones of those killed during Friday’s terrorist attacks in Oslo, Norway.

Benedict personally sent a message to the King Harald V of Norway on Saturday, expressing his condolences for the victims of Friday’s violent attacks in Oslo. He also called on Norwegians to unite against hatred in the wake of these events. The AP says that Catholics are a minority in the Lutheran-dominated country.

"At this time of national grief he prays that all Norwegians will be spiritually united in a determined resolve to reject the ways of hatred and conflict and to work together fearlessly in shaping a future of mutual respect, solidarity and freedom for coming generations,” a statement said on behalf of Benedict, according to Reuters.

The pope said in a Saturday interview with Vatican Radio that the victims of the terrorist attacks would be remembered during Sunday Mass, according to the AP.

Friday’s massacre has left at least 93 people dead and wounded 100 others. The attacks were carried out through a bombing in Oslo and a shooting spree at a nearby youth camp on Utoeya Island.

Anders Behring Breivik, a Norwegian resident, admitted to carrying out the attacks on Friday. The 32-year-old is scheduled to appear in an Oslo court on Monday. Breivik is described as a right-wing fundamentalist that disagrees with Norway’s multicultural acceptance, according to CNN.

Source: http://www.thirdage.com/news/pope-benedict-xvi-condemns-norway-attacks-encourages-people-to-renounce-hatred_07-24-2011

Eko Ile: Very well said.


Good to know we still have sensible adults in Nigeria..

Koni da fun e. oloshi jatijati.
Still can't comprehend how much Tinubu offered you to write this nonsense

Front page! I beg, Biko, e jo

Why We Stopped Governor Amaechi’s Plane–faan

Mr. Amaechi has been having a running battle with the presidency over his stance on major national issues, making observers believe the stoppage of his plane was influenced by the presidency to slight him. He has in the past regularly used the airport without any hitches.

The Federal Airports Authority of Nigeria, however, said it stopped Mr. Amaechi’s plane because the governor failed to declare the flight manifest.

The spokesperson of FAAN, Yakubu Datti, told PREMIUM TIMES that it was a laid down rule for any plane taking off from the airport to provide its manifest.

“The governor went to Akure and when he was ready to leave, he refused to declare his manifest and those at the control tower did not permit him and his team to take off,” Mr. Datti said

The spokesperson said there was no politics behind the agency’s actions saying “these are rules that have been stated down long time ago; even the president, before he takes off declares his manifest.”

He said Mr. Amaechi, the chairman of the Nigeria Governors Forum, was eventually allowed to take off immediately he declared the flight manifest.

Source: http://premiumtimesng.com/news/131594-why-we-stopped-governor-amaechis-plane-faan.html?utm_source=&utm_medium=twitter&utm_campaign=why-we-stopped-governor-amaechis-plane-faan

thehomer: Sure he does. That is why from the article,

The BVI Financial Services Commission found CTL, the offshore services firm that helped the Oyakhilomes to incorporate Gmobile, to be in repeated violation of the BVI’s anti-money laundering law between 2003 and 2008.

In fact, he doesn't have the right to do as he wishes for his family especially if it involves breaking laws.

Anyway, just go on and pay your tithes.

Including first fruit

Joagbaje: He has right to doas he wishes for his family. What's anyone concern with another man investment for his children. If Obama makes investment for his daughters will it be an issue? . And why linking personal investment with his church?

Wonder why these pastors lay their treasures on earth. In my opinion these guys don't believe there is heaven anyway; since the wealth of their children's children remains their top priority. Sorry to say, contemptment is not in their dictionery

caption:
Chris & Anita Oyakhilome
By Musikilu Mojeed
Secret documents link family and associates of one of Africa’s most popular pastors, Nigerian televangelist the Rev. Chris Oyakhilome, to an offshore company in the British Virgin Islands.

A business associate of the pastor says some directors in the company held shares on behalf of the pastor’s daughters, Sharon and Charlyn, who are now teenagers.

The company in question is Gmobile Nigeria Limited, an offshore firm incorporated in 2007 in a Caribbean tax haven, the British Virgin Islands, according to a cache of documents reviewed by Premium Times and the International Consortium of Investigative Journalists (ICIJ). The shareholders listed in the documents include Oyakhilome’s wife, Anita; another pastor in his organization, Thomas Amenkhienan; a business associate, Aigobomian Inegbedion; and another British Virgin Islands’ company, GTMT International Group Limited.

Oyakhilome is founder and president of one of Africa’s largest Pentecostal churches, Believers Loveworld Inc. (aka Christ Embassy), which claims “hundreds of churches … affecting millions of people” in all the continents of the world, with a strong presence in the United Kingdom, South Africa, United States, Canada and Nigeria.

He has also set up satellite broadcast channels in the United Kingdom (LoveWorld TV), South Africa (LoveWorld SAT) and Nigeria (LoveWorld Plus). He hosts a TV show, Atmosphere for Miracles, which airs on television networks in Africa, North America, Australia, Asia and Europe, according to his church’s website.

His church has a series of business interests, the website says, that include vibrant TV and Internet ministries and a publishing outfit that churns out the popular “Rhapsody of Realities” booklet, which is like a second Bible to members of his church.

He is as controversial as he is entrepreneurial. Critics believe he is excessively flamboyant, dressing most of the time in expensive suits, top-of-the-range shirts and ties and exotic shoes.

Some of his critics have alleged that he has staged miracles, bringing forth impotent men, infertile women and people with AIDS who testified they’d been instantly healed. In the wake of controversy over faith-healing practices by Oyakhilome and other pastors, the Nigerian government banned unverified miracles from television in 2004.

His wife, Anita, is also a pastor in the church. She heads the international division of the ministry and is regularly credited with growing the church’s presence around the world.

Until now, there has never been any suggestion that she was involved in financial dealings.

Documents reviewed by ICIJ and Premium Times show that Anita Oyakhihome held 17, 750 of Gmobile’s 50,000 shares, with Amenkhienan owning 1,500 and Inegbedion 750. The fourth shareholder, GTMT International, also a British Virgin Islands’ company, owned by South African investors, held 30,000 shares.

The documents show that some of these individuals held shares in trust for two minors. The records don’t identify the minors, but Inegbedion confirmed that the minors referred to in the documents were the Oyakhilomes’ daughters, quickly adding that there was nothing wrong with that.

“Their parents bought the shares for them because they have rights to own shares,” Mr. Inegbedion said. “A day-old child has a right to own shares in companies.” He declined to say which of Gmobile directors held shares in trust for the girls.

The Oyakhilomes did not respond to emails sent to their personal and church websites.


Setting Up Gmobile

In 2007 Anita Oyakhilome and her partners retained the services of a Dubai-based company, Covenant Management Consultancy (CML), to help it register Gmobile Nigeria Limited in the British Virgin Islands (BVI), a Caribbean chain largely controlled by the United Kingdom. On June 26, 2007, CML in turn approached BVI-based Commonwealth Trust Limited (CTL) to complete the task of setting an offshore company.

After some preliminaries — including name checks and consultation with lawyers — CML’s Susha George wrote to CTL’s Shonia Mathew on July 3 giving her the go-ahead to incorporate Gmobile. In that same two-paragraph message, George informed CTL “two shareholders of this company are minors.” She also asked whether additional documents or procedures were needed for the minors to be owners of the company.

Mathew replied the same day, saying that shares of the company could only be held in trust for the minors.

“Please note if the beneficial owners are minors, then the shares would need to be held in Trust for them until they are of age to act in that capacity,” she wrote, adding that “it may be wise to contact an attorney regarding the formalities of the company.”

Aig Inegbedion…. “Nothing wrong with the Oyakhilome girls holding shares”.

Seven days after Gmobile’s incorporation, company records show, shares were issued to Anita Oyakhilome, Amenkhienan, Inegbedion and GTMT Limited, a BVI company.

Another curious aspect of the company, which became dormant on May 1, 2009, was the makeup of its board of directors. Its first director was not a human being but another offshore company, Covenant Managers Limited, an offshore firm also set up by Dubai-based Covenant Consultancy Limited in July 2005 to offer nominee services to corporations and individuals incorporating companies in the BVI. In the offshore world, nominee directors or shareholders serve as stand-ins that allow the real people behind companies to keep their identities hidden.

As first director, Covenant Managers approved the opening of a bank account in the United Arab Emirates or any other place in the world. It is not known in which bank the account was eventually opened nor whether it was used to move funds.

After Covenant Managers officially resigned, GTMT directors were brought on board together with Anita Oyakhilome, Inegbedion and Amenkhienan as directors. They were Willem Johannes Jacobus Van Der Merwe, Karen Ann Smith and Daniel John William Mills. Reporting by Premium Times determined that Van Der Merwe, Smith and Mills were based in South Africa but we could not ascertain how they came to be associated with the Oyakhilome clan.
Inegbedion said the idea of incorporating Gmobile in a tax haven was suggested by the South Africans, who he said argued that BVI was an ideal neutral ground for the business partnership the Oyakhilomes were forging with GTMT to carry out the business of distributing data compression software in Nigeria.

“We were looking for a neutral ground where both parties could feel safe,” Inegbedion said in a telephone interview. “So we had to go to British Virgin Islands. But it was our partners who handled the registration.”

The only South African partner Premium Times was able to track down, Karen Ann Smith, declined to comment on the formation and businesses of Gmobile. “You are on the wrong trip, guy, as I’m not interested in talking about that business,” Mrs. Smith said on telephone. When she was pressed for details, she said, “You are wasting my time, as I have no interest in speaking to you.”


Fleeting Appearance

Gmobile does not appear to have carried out any business in Nigeria, South Africa or the BVI. Inegbedion and another individual who identified himself as Danny Mills made a fleeting appearance before journalists in Lagos in October 2007, almost four months after Gmobile was registered in the BVI, to say the firm was unveiling a GMobile product which allows users to maximize data storage and make an array of communications and services possible.
Danny Mills was introduced as the international sales director of Gmobile, while Inegbedion was introduced as chief operating officer of an unknown firm, LW GNet Nigeria.

Apparently, nothing has been heard of that product since that event. Today, Inegbedion introduces himself on his Facebook page as managing director of Paradigm Biz Solution Limited, a company the Nigerian Corporate Affairs Commission also says does not exist in its database.

Remmy Nweke, a well-regarded Lagos-based communications reporter, was among those who covered Gmobile’s press conference at the time. “Well, they came and met the media and said they were rolling out an irresistible product,” Mr. Nweke said via telephone. “But that was the last we heard of them.

They simply disappeared.”

Inegbedion said Gmobile was unable to roll out the product because the company’s partners in South Africa failed to deliver after his team, led by Anita Oyakhilome, paid $1.8 million for a distribution license.

To all appearances, Gmobile was simply a failed business venture. But other companies incorporated in tax havens such as the BVI have become known for involvement with illegal activities, including money laundering and tax evasion.

Taking advantage of the loose laws in several jurisdictions, offshore companies are easy to form in tax havens and owners can remain anonymous while using nominee directors as fronts and deploying the corporations to hide ill-gotten assets, launder funds, dodge litigation or evade taxes. Diepreye Alamieyeseigha, for example, was convicted of stealing public funds while he was governor of the oil-rich Nigerian state of Bayelsa. The state recovered more than 17 million British pounds from him, including assets he held through Solomon and Peters Limited (a company registered in the BVI) and Santolina Investment Corp. (a company incorporated in the Seychelles). Last month, he received a presidential pardon. Nigeria’s anti-corruption agency, the Economic and Financial Crimes Commission, has also accused another ex-governor, Abubakar Audu, of using two offshore companies in Bermuda (another tax haven) to hide ill-gotten assets. Audu denies the allegations.


Dealing with a questionable firm
The BVI Financial Services Commission found CTL, the offshore services firm that helped the Oyakhilomes to incorporate Gmobile, to be in repeated violation of the BVI’s anti-money laundering law between 2003 and 2008.

Thomas Ward, a co-founder of CTL who has worked as a consultant to the firm since it was sold to the new owners in 2009, said the company worked hard to make sure it didn’t take on shady clients.

“We believe we chose our clients carefully and we believe they honoured their agreements with us,” he said. But at times CTL’s staff was “either deceived or previously honest customers changed.”


-Musikilu Mojeed, managing editor at Premium Times in Abuja, Nigeria, is currently a Knight Journalism Fellow at Stanford University.
Source: http://mobile.saharareporters.com/news-page/mega-church-pastor-oyakhilome-incorporates-secret-company-daughters-caribbean-tax-haven-pr

Over to Joagbaje

Where is logic boy

Rap maestro: baba iya e.. Iyalaku iya e.. Why say such to me... I repeat{no mata how old u are} u dey craze.. Big time craze

[quote author=tpia@]seems to be a hoax.


https://www.nairaland.com/1250878/hoax-joel-osteen-resigns-cites[/quote]Yes! Check out this link:
http://www.nydailynews.com/news/national/megachurch-pastor-joel-osteen-questioning-faith-article-1.1311081