₦airaland Forum

[quote author=9ja_lyfe]http://saharareporters.com/news-page/efcc-discovers-1-billion-speaker-bankoles-proxy-account-uba-jonathan-wades-halt-his-arrest
By SaharaReporters, New York

SaharaReporters’ investigation of the outgoing Speaker of the House of Representatives, Dimeji Bankole, has unearthed that he owns a startling $1 billion stashed away in a domiciliary account at the United Bank of Africa (UBA). Our investigations revealed that the account is being operated for Mr. Bankole by his Principal Officer, Maurice Ekpeyong.

The account was opened in 2009 and had since been operated on behalf of Bankole by Mr. Ekpeyong.

Our investigation confirms that the 41-year old outgoing Speaker had diverted funds into the account from budgetary allocations to the House of Representatives.

Sources at the Economic and Financial Crimes Commission (EFCC) told SaharaReporters that their investigators were stunned by the massive scale of Mr. Bankole’s money laundering activities. Two officials of the anti-corruption agency as well as a source in the Presidency disclosed that President Goodluck Jonathan was standing in the way of the EFCC’s plan to arrest Mr. Bankole in response to his latest scandal financial scam as well as a spate of other money laundering activities in their docket.

The outgoing Speaker, who has made extensive real estate deals since he became Nigeria’s fourth most powerful man, is considered to be one of the most corrupt officials in public service today in Nigeria.

He has grown immensely rich as Speaker, routinely using a variety of proxies in his extensive deals. Through such willing individuals, he has bought several houses in South Africa and the US.

The outgoing Speaker, who was trounced in his reelection bid, also recently bought the 32-storey NITEL building in Lagos for N4 billion, and is the owner of a N7 billion hotel resort undergoing construction in the Akodo area of Lekki in Lagos.

Our investigations revealed that one of Mr. Bankole’s key and most trusted money-laundering pals is Adenekan Gbadebo, the son of the Alake of Egbaland. Our sources disclosed that Mr. Gbadebo has helped Bankole move about $500 million through several bank accounts.

The Speaker and his father also recently completed seven duplexes after he tore down his father's old house in Abeokuta. Our investigations show that Mr. Bankole has built a huge mansion in Abeokuta that is completely hidden from the public through the use of tarps and construction covers.

In an investigative report in September 2010, Saharareporters had identified two ladies being used by Mr. Bankole in a N5 billion scam. The women, Angela Oselukwu and Uduak Akpan Israel, are now fugitives and have been declared wanted by the EFCC. They were involved in stealing N5 billion from the Rural Electrification Agency (REA).

Speaker Bankole and his siblings used the two fugitive women to open accounts at the UBA. Payments were then made into the accounts for the benefit of four companies belonging to the Bankoles: Vulysteke Metallic Construction Ltd, Parthenon Acropolis Nig. Ltd, Complete Trade Nig. Ltd, Zobra Global Services Ltd and F-Plus Concept Ltd.

As Speaker, Mr. Bankole was also notoriously embroiled in a N2.3 billion car scam as well as the misuse of the N9 billion capital budget of the House for 2008/2009.

Last year, the EFCC boss announced that the commission had concluded its investigation of the issue and sent its report to the presidency, but nothing further was heard from the presidency.

Mr. Bankole is also currently entrapped in another scandal in which he used the House of Representatives as collateral to obtain a personal loan of N10 billion from UBA. The loan is yet to be accounted for. The EFCC summoned Mr. Bankole to appear for interrogation last Thursday, but he did not show up. Instead, he sent a letter to the agency pleading that he was tied down by “inauguration” activities.

A baffling turn in the story is that the embattled Speaker has persuaded Mr. Goodluck Jonathan to order that the investigations against him be stopped. SaharaReporters learned today from different sources within the EFCC and the Presidency that Mr. Jonathan, who will be inaugurated tomorrow for a term of four years as President, assured the outgoing Speaker that he would prevail on the EFCC leadership to end the investigation against the speaker.

Mr. Jonathan’s intervention on behalf of the speaker contradicts pledges he made during his presidential election campaigns. Mr. Jonathan had vowed never to interfere with the work of any anti-corruption bodies.[/quote]Is this why its ok for Stellah to steal, or where is the moral justification?

candiva2013: What did she steal? She only bought expensive cars, Is that a crime? You people shud leave that woman alone.

Can you imagine such comment from a sane mind?!

Another sensible post.

3ace: The lackadaisical attitude of Nigerian politicians. Travelling out of the country at a time a serious controversy affecting your Ministry is being investigated. The same attitude that will make them ignore court orders with impunity. Some other politicians are worse than this. It's just unfortunate for her that she didn't play her cards well. Stealing doesn't make you a thief, being caught in the act is. If she's not guilty of anything, she will definitely be guilty of misplaced priority. Why incur such expenditure when their is allegation of lack of fund for purchasing equipments and staff training needed for more efficient work?

Please tell them! Its not about your tribe, she is simply a thief!

truth4meal: Sometimes I wonder if peepz on this forum are just duplicates of an absurd individual. It saddens my heart that we have been reduced to chauvinists defending corruption with an excessive loyalty. Is this what we call a country? Because a woman doing her job upgraded an airport to international status she became an instant hero - what a petty and frivolous way to "herodom". She mis-managed the collective wealth of the nation not that of south east but that of us all and you still have the gut to openly come here to support her...what a shame you all are. You are a disgrace to the same igbos you think you are defending. You a complete dishonor to the great sons and daughters of igbo. You all are nothing but monikers not characters, you are all forged identities, replica of nothingness, you are just agent of discord, instrument of disunity. A thief is a thief be it yoruba, hausa or igbo.
We were all united against farouk everyone condemned it and the case is in court - why is it problem when it comes to stella?
And to that paid witless individual trying to disparage the success of yoruba women - did you know anyone called mrs alakija? Google will be of help.
A thief is a thief and as it is now stella oduah is a thief not igbos.

I drive a 2003 gs 300 and its performance is woow, but recently i'v started having issues with the tranny, it may nt engage reverse in the morning or when the engine is cold. I did a scan and was told its a faulty speed sensor
Pls auto-gurus in the house, can you explain this. Or do I simply change the tranny.

I am yet to use a diesel fuelled vehicle bt I am dying to do so soon. The contributions of Eduu50 has helped me in reaching that conclusion.

Now I want to advice that for fairness sake and to really clear d air, let people that have or have used diesel vehicles talk about their experiences, either good or nasty.

Please what's the total landing cost ( all expense included) of a 2006 vw toureg, v6 and v8.

That's wonderful. what's the cost implication.

Does it still sell for N35k?

Please you need to be more explicit about this product. Can't really get a thing you said there
m

Pls wats d millage nd location?.

From the engine pics its a v8. Powerfull

Fellow Nairalanders, I have received a lot of calls and e-mails and I must say I really appreciate you all.
So many people called, wanting to start the business, but they don't know how much to start with. Someone even said he has been told that with as little as a Hundred thousand Naira, he can start up.
I want to state authoritatively here that it is not possible. The aim is to set up a mordern bakery, the method is to build up the equipments gradually so that the as the business expands you buy other equipments from the proceeds.
Subsiquently, we shall be discussing start up in details. Step by step action into start ups and gathering equipments.

I'm the one that called you just now, I'll call to arrange for an inspection against mid next week. Network is bad here.

Pls what's the millage on the vehicle.

Cost, millage, present condition pls

You are doing a great job sir. Please I'm having tranny problems with my 1998 Opel Omega, it won't chAnge gear during movement. Then what tranny oil do you recommend and how do I get it.(We actually left the car unused for over six months)

Please where can it be inspected?

Pls I need the following items
1. High temperature silicon sealant
2. Webbing tape (25mm wide)
3. M10 stainless steel bolt, nuts and washer.
E-mail me on michaelalao1@gmail.com

Hello

Please can you send me more pics including dash and millage on michaelalao1@gmail.com

Can this ride go for 2.2m sir

Thunderous slap with speed of lightening

Kill u all