₦airaland Forum

Vulturereloaded:
And sabmiller merged with AB INBEV, so Anambra no longer owns shares ?

Even if the shares did not appreciate, the initial investment is more valuable today.

So if the value of the brewery appreciated, his investment did not?

Lets go by your logic, the brewery in Anambra is more valuable today than it was when he invested? But his investment has not appreciated.

So Sabmiller will return his investment without interest, because someone on Nairaland suggested ?

I invest 20 million in a startup of 100 million, today the startup is worth 50 billion. And all i get is 20 million?

Where did I say that his interest has not appreciated in monetary term. The appreciation and depreciation of his interest depends on how well they are doing in the market, how popular they are. I don't really care if his investment has depreciated on appreciated, to me, It is still small,and Sabmillers generous investment in the brewry in Onitsha will cover it and pay you change.

You guys claimed the Interest has reached 100million dollars, Soludo said, there is no report from his government claiming such nonsense. Moreover, the shares belongs to the his government so soludo should know better and he just disproved the hoax.

Mind you, the number of years a Company or an interest has existed does not mean high value. Interest depreciate over time too, it all depends on the market force. Obi's interest might be less than 10million$ now, who knows. Because he invested in the 1800 does not mean it is worth a dime today.

To be honest its not really a big of a deal... In 2009, Tinubus investment of 4 billion naira in econet earned the state 19billion naira as profit. So the levels are different. How many billions has this earned Anambra.

Lover boy.

Risentouch:
Are you aware that the state HOA cleared him to be innocent of the accusation?
I just wonder why you people can't lay this to rest all because you people just can't find anything against him, you keep bringing up a dead case.
https://www.nairaland.com/6965540/peter-obi-web-250-million

Is the state HOA bigger than the constitution. He was caught out side his state by Lagos state police department. Its a federal case, state HOA or not. Movinging that kind of money for a transaction is the crime. He should have been smarter.

Vulturereloaded:
Yes. If i buy shares in MTN and i bought it in lagos, it means my shares in MTN stops in lagos.

So there is actually an investment?

Lol, If we value the brewries in Anambra, it should be able to cover your shares. It is even more than the shares you bought. Obi invested 20million dollars in Sabmiller. Sabmiller delivered a 100million dollars worth of investment in the brewing factory in his state. So stop making noice. The worth of your investment is in your state.

Obi's Investment starts and stops at Onitsha brewries.

Risentouch:
The money laundering prohibition Act 2011 for something that happened in 2009?
I beg for more explanation on this.

It was 2million in the Money laundering prohibition act 2004.


MONEY LAUNDERING (PROHIBITION) ACT

An Act to repeal the Money Laundering Act, L.F.N. 2004 Cap. M18 and enact a new Money Laundering Act; and for related matters.

[2003 No.7.]

[24th May, 2003]

[Commencement.]

PART I

Prohibition of Money Laundering

Limitation to make or accept cash payment
(1) No person or body corporate shall make or accept cash payment of a sum
exceeding-

(a) N500,000 or its equivalent, in the case of an individual; or

(b) N2,000,000.00 (two million naira) or its equivalent, in the case of a body
corporate, except in a transaction through a financial institution.

GODPUNISHALABI:
atleast e cost pass 3k hungry mofos

Two tubers of Yam is lesser than 3k GODPUNISHALABI baba werey.

JaredNormak:
The whole world saw how suffersticated professors of Law and yoruba language were bought with just N3,000, that's less than $3 in your Ekiti State. The same state you scratched face Abobakus claim to have the highest number of educated people in Nigeria.

If the citizens of Ekiti, being the most enlightened state in South-Waste could sell their votes for 2 plates of Amala and Ewedu plus little gbegiri, what do you think will happen in Osun state, Osun being the state with the highest number of children and men doing apprenticeship job in South-Waste?

The joke is on your cone-like gorimapa head.

Why the story. Did your mothers not sell their future for a Keg of Kerosene and some tubers of Yam?

Poverty na bastard.

y

Christian Christian meet Muslim Muslim.

I just hope it doesent turn into a religious contest.

plaindealer:
Liar, Inbev merged 3 Nigerian companies together and Pandora's money had nothing to do with International breweries, he gave his money to the brewery in Anambra and Inbev showed up later to marge all 3 companies together.

Onitsha brewries was Obi's 10% stake in sabmiller. Sabmiller independently acquired a large share In International brewries
without Obi.

[quote author= post=113990939]Anambra state government is one of the biggest shareholders in International brewery courtesy of Peter Obi business acumen no state in Nigeria have such investment [/quote]Guy calm down. Why do Anambra people like lying like this? Obi of Onitsha has the 5th Largest share under Folorunsho Awomolo

plaindealer:
What's the % of Anambra state government's shares?

("Just watch, he won't answer the question, he'll either run away or dance and dodge the question".)

Don't mind the liar. The Obi of Anambra has less than 1% stake in the company

[quote author= post=113989782]Ignorant mind[/quote]Obi brought the companies to Nigeria, right?

DesChyko:
So, on what basis is the court order issued?

Like I said before, it is obviously a case of racial discrimination. Many black Americans suffer this.

I am sure because you don't strike deals with the US govt when it comes to drug cases. If it were possible, People like Pablo escobar should be walking free today.
He was suspected because of the Judgement of the a whiteman on a black man. No reasonable evidence were enough to prosecute him, hence, reason why he could not be arrested.

The court order was issued on the basis of racism.

DesChyko:
Oh, that's fine.

He wasn't charged to court but a court issued a court order against him.

That's totally fine.

Its possible. Do you have to be charged to court before an arrest warrant can be issued, same as warrants to search peoples residence. Court can also issue warrants to stop people from living the country.

CheapHomes1:
That's not true. That's not in the comment you responded to. He said "Obi brought the companies into Nigeria, that employed thousands of Nigerians across all tribes and paying tax for both state and federal"

He didn't specify which companies. Companies is more than one and international breweries is just one company. The question should have been which companies was he referring in order to get clarity

Lol, Okay, damage control. Continue.

CheapHomes1:
Did he say obi "founded" international breweries? Pls check again and revert

"He brought it to Nigeria"... check his comment

CheapHomes1:
I don't think it's a lie bro

Really. Obi founded International brewries in Nigeria. Wow

crystalpapers:
But I thought international brewery was founded by Lawrence omole.

Maybe he is talking about the Aba made version.

[quote author= post=113987078]Soludo never deny Obi didn't invest Anambra in different companies, one of the companies Obi invested Anambra State money is International brewery, today Anambra State owns major shares in International brewery which Obi of Onitsha is their chairman, Obi of Onitsha is Anambra State traditional council chairman, International brewery has spread to Onitsha, PortHarcout, Shagamu in Ogun state, Osun etc.Peter Obi brought the companies into Nigeria, that employed thousands of Nigerians across all tribes and paying tax for both state and federal[/quote]Which Kind of stupid lie is this

Pit to lie

DesChyko:
The answer to the police question is in the same screenshot.

Read, brother.. Read!!!!

I should also tell the NPF that too, but they'ld probably have forgotten about this 'fabricated and magnified' case (if we can call it a case).
Even opposition members in the House of Reps concluded it had no merit on the eve of election

Check Money Laundering ACT 2011, to know the crime Pandora commited. Remember the car brought the cash from anambra.

DesChyko:
No, you couldn't have seen the proceedings except you were in the US at that time.

You'ld have to pay to see it now though. I can help you with a link to US legal archives.

You can pay to free yourself from the shackles of ignorance.

Firstly I am talking about his case in 2011



But I will respond to this nonsense.
First of all he was never charged to court for any drug related crime, the evidence you have is a court order to cease some of his property because he was being suspected for crimes he obviously did not commit. (Probable cause to believe)...


Luckily for him they were unable to pin anything on him, like they do on many black Americans always crying of racial discrimination. If you watch black American movies you will notice this flow.

From the proceeding any sane mind would understand that he was wrongly accused. He got more than half of his money back, a luxury many African Americans don't enjoy, and counted his losses nd came back home.


If at all he was guilty of the crimes , the US would have said so in their letter when the AD party requested for Information on the matter in 2003 from the US embassy.

This bitch said Yorubas and Fulanis were the Kidnappers. I found that very strange.

Apart from Lagos, Onne also has a working sea port.

A vote for Peter obi is a vote against free speeech.

I keep typing money laundering but my auto correct keeps changing it to laundry.

PaChukwudi44:
Sources? Is that all you have got? Very laughable

I must be talking to a toddler. Nevertheless, sources are the eyewitness kid, people that had direct access to the situation.

Supremos:
Leave the imp. He's clutching on straws

I am not clutching to straws you unreasonable slowpoke. How can an investigation be conducted and there would be no result. Good or Bad no result till today. Obi said it himself that he will make the result public but where is the result.



Obi encouraged a police Investigation and made sure he influenced the matter so that the result of the Police Investigation never made it to limelight. Where is the result from the police Investigation? Where is it?
Obi is a smart criminal...

Obi commited a crime "Money laundering". A crime as considered by the Money laundering prohibition ACT 2011.

DesChyko:
Oga, stop making excuses for the Nigerian Police.
Nobody should do that. The Police is nobody's friend.

Obiano had immunity too until recently. Peter Obi's immunity expired at least eight years ago. But it's one of them that is in EFCC's custody.

He has granted many interviews claiming and attributing a lot; has signed documents out there proving a lot. He has been in Nigeria years after years. If his openness can't even help them build a case, check the foundation.

They day is coming after eight years and counting. It's alright. I hope it comes anytime within the next eighty years I may have on earth.

Its obvious Obi is one of the many corrupt politicians we have in this country who successfully commit a crime and get away with it. Atiku, Obasanjo, Jonathan and the likes of Allison madueke are still Living their Lives well after the Injustice they did to the Nigerian treasury.

Obiano is just like the few Ones like Ibori who eventually end up paying for their crime.

Apart from the 250million money laundering case, the hardened criminal still went on to invest Anambra state govt money into his family business. The Criminal even admitted on a live interview like its a normal thing to do. If we were to be in a saner clime, he should be in a blue collar prison by now answering for his smart crimes. But Naija my country.



Obi is a criminal and any one supporting the Pandora criminal is an Idiot.

Obi encouraged a police Investigation and made sure he influenced the matter so that the result of the Police Investigation never made it to limelight. Where is the result from the police Investigation? Where is it? Atleast Tinubu was thoroughly investigated and we all saw the proceedings. Where is the report to the Investigation proving Pandoras Innocence