₦airaland Forum

Guestlander:
What is it if you own the account and the credit balance in it? Say, a few million dollars?

It would be an asset that should be declared.

But there is no mention of the account balance and the ownership.

seunmsg:
Have you ever filled an asset declaration form before? If you have not, kindly stop posting ignorantly. When I declared my assets to CCB last year, I filled a form provided by the bureau. In the form, there was a column where I was asked to list all my bank accounts with their balances as at the time of declaration. Even if the account was overdrawn as at the time of making the declaration, the declarant is under legal obligation to declare it.

Funny enough, Onnoghe is not even arguing ignorantly like the op. He admitted on record that he forgot to declare his domiciliary account with standard Chartered bank. Some of you really need to stop defending nonsense.

Yes I have filled asset declaration before. I know there is an account I opened during NYSC, I also know there is no money there, so I didnt bother to declare it. Did I commit a crime?

Whether he forgot or not, that he did not declare the account is not necessarily a crime! Things must be interpreted in context, the name of the form is ASSET Declaration Form, so if an account is not an asset, it doesnt fall within the purview of accounts to be declared

muykem:
You guys are so blind with nonsense politics. The man involved admit that it was an error and you are still saying all these. We should commend the whistle blower and forgive CJN if it finds to be honest error.

The CJN may have responded in a haste. Every reasonable defense is welcome cause the petition is in bad faith

amaechi1:
Why did he declear the other two account if an account is not an asset?
Please, don't teach this to your children.

two factors determine whether an account is asset or not:
- whether the account has a credit or debit balance
- ownership of the account balance
E.g. Money in my account is not an asset to me if it is only in my account but is actually owned by my friend

troubleboi:
Thieves every corner for this country... Even CJN of the federal Republic..

The CJN is not being accusing of stealing, they only say he did not declare all accounts. In their ignorance however, they do not know that mere ownership of a bank account is not necessarily an asset

In view of the obvious persecution of the CJN..obvious persecution because the petition against him was received just this 8th January and in just 3 days, investigation has been concluded and everything ready to put him on trial on Monday, 14th January. This seems a wicked plot, carefully hatched to embarrass and remove the CJN...

As a world-class accountant, I can tell you for free that mere ownership of a bank account is not an asset. It is pertinent to clarify that mere ownership of a bank account is not an asset worthy of declaration:

1. There is nothing to declare if the account has a zero balance
2. it is actually a liability and not an asset if the account has a debit balance (i.e. an overdrawn balance)
3. it is also not asset if whatever balance is held in the account belongs to another party other than the account holder

Interpretations must be in context. The name of the form is ASSET Declaration Form. If an account is not an asset, it follows that it doesn't fall within the purview of accounts that should be declared

APC want to destroy destroy democracy in this country. All those flimsy allegations is not enough to embarrass the CJN

The CJN omitted to declare some minor accounts. It's not like he stole money or something , it's not a big deal if one forget to declare some minor assets

SE don't need to invest anything, its simply their turn in 2023 by virtue of the unwritten rotational presidency arrangement. It's EQUITY. SW has had her turn.

rhidollah:
The only business you can do as a sitting vice President is farming, even common sense will tell you that public officials running private enterprise. where would their loyalty lie.

Atiku is only an investor, he is not the one running the schools

Shawnnn01:
Concerning my thought I sincerely I think you are a fool, if one look closely well enough no one needs to think before discovering that you are actually one.

If you are not your foolishness should have at least let you understand that after the 10K is paid another 50K is automatically loaned to the beneficiary again but when you are a bigoted Biafran your pathetic medulla must have naturally have been damaged with chronic irredeemable hated inherited from your father n mother.

It is actually sad those two excaped the 2 million Igbo sacrifice Ojukwu wasted on his ego in the Biafra war. The world would be a beta place if they never did actually.

I have something to tell you, but I no longer reply e-diots

rhidollah:
if u believe atiku will restructure Nigeria then u are daydreaming.

Atiku has promised to restructure Nigeria and there is no reason to disbelieve him

Optional09:
It’s a mere voters bribery. To give them that money their voters identification number is obtained that will be used to rig the election

Too bad

Yes

Rubbish

The man should not be confirmed as his appointment violates the federal character principle enshrined in the Nigerian constitution

What is the mileage?

CrEaToRmalden:
Although 10k Naira is too little, it's only for 'very small businesses' which an amount as low as 5k Naira can start up. Unless the target class of persons or business was not stated by the government, I'd agree with you that it's not good enough as a short term loan.

10k is too insignificant for a whole vice president to be wasting public resources going from one market to the other

APC - All Promises Cancelled

4 + 0

4

See pot calling Kettle black

Whether he is Buhari or Jubril, I don't know


The only thing I 'm sure of is I want him sent back to wherever he came from next year, Daura or Sudan as the case may be

This is same man who said he did not understand what subsidy was ....and then some people say senators and honorable members should not call him liar

Sai Atiku

We are supposed to be above lies

Atiku is a unifier



A diverse country like Nigeria doesnt need a divider



#God_bless_Kaduna #vote_ Atiku

10k is more like what people spend to eat suya when they hang out....I dont see how 10k can change anyone's life




and what do you think?

Lagos shall be free



If it's true that Tinubu gets a percentage of every dime Lagos earns then Lagos is really really in dire need of liberation

haffaze777:
Tell your lord and personal savior to visit Amelica if he's not a fugitive, you ain't Omoluabi so stop lying

If going to America is the main thing then Buhari is even worse off... cause it is said that Trump said he doesn't ever want to meet someone like that again

35824L:
Iboes don't want APC to enter their land because of their hatred for yoruba people but want yoruba to vote for PDP which they control! What kind of selfishness is this? No wonder their own uwazorike labelled them the most foolish tribe in the world!

The chairman of PDP is from Rivers and Atiku is from the North, so what are you saying?

deyahaya:
One reason that will defeat your reasons is that Yorubas can not trade-off number 2 for uncertainty number.

It's the country first before the tribe...

And then SGF is even more useful than the No. 2

ashacot:
Opp, you spoil your post with the first point. Obasanjo the greatest NIGERIAN? LOL. HE IS NOT EVEN AMONG THE GREATEST YORUBA MAN HOW MUCH MORE THE GREATEST NIGERIAN.

NEXT.

Love him or hate him, you can't deny that he has been Nigeria's head of state longer than any other human being, dead or alive