babaonpoint: i don't have to tell you how much i earn or send you a fake or phoshoped screen shot. below is a live login video recording of my clickbank account. if you are serious about learning, go here. if you need freebies lets hope they come with knowledge because most of the freebies are knowledge free.
naptu2: He said the party will utilise the allegations which bothers on the integrity of the former Vice President, made against him by his former boss, Obasanjo, in nailing Alhaji Atiku at the polls, adding that the former Vice President will be defeated by the APC.
He said “now that we know that our main opponent is Alhaji Atiku Abubakar, we will defeat him again the way we have defeated him before. And I am confident that President Muhammadu Buhari will return because he has a quality which none of them can boast of, which is integrity, integrity, integrity.
I just need ONE...maybe just HALF project, Conceived, Designed, Contracted and Executed by this fraudulent administration with all the monies they borrowed.
I refuse to believe that there aren't Technocrats in APC to advise them!
CreepyBlackpool: So you know his age but you don't know his name
enyia better provide his name now because we the NCAN will not take this.
sha, we all know the tribe with uncontrollable konji, the ones that fvck anyone that has hole, be it daughter, cousin, neighbour, niece, neighbours children, grandma, oga's children, oga's wife
Dantedasz: This was even a comment I made in passing over the weekend,only for my mentions time line to start blowing up yesterday. Some of us know that most of these vehicles have no customs duty paid. What they attach to the sales is forged machined outside entries or recycled entries which is the process by which one document is used for numerous vehicles of the same make. So because some of us decided to stop posting on the autos section because of fraud does it mean it is not going on? Where were these guys when we were battling inspiredm and chelseabmw on these boards years ago? Those opposed to my posts know why they are doing it.
Keep staying around bro. We need you guys to keep exposing them.
ADDIS ABABA, Ethiopia — Ethiopia’s parliament on Thursday approved the East African country’s first female president, Sahlework Zewde, a veteran of the United Nations and the diplomatic corps.
The position of president is ceremonial in Ethiopia, with executive power vested in the office of the prime minister, but the appointment is deeply symbolic and follows up on last week’s cabinet reshuffle in which made half the ministers are now women in Africa’s second-most populous country.
“In a patriarchal society such as ours, the appointment of a female head of state not only sets the standard for the future but also normalizes women as decision-makers in public life,” tweeted Fitsum Arega, the prime minister’s chief of staff and de facto government spokesman.
Parliament accepted the resignation of Mulatu Teshome, who had served as president since 2013.
Under Ethiopia’s young new prime minister, Abiy Ahmed, who came to power in April, there have been a whirlwind of reforms, including releasing political prisoners, inviting back exiles and making peace with the country’s chief opponent, Eritrea, after two decades of hositilities.
Abiy has also publicly declared the need to promote women in what has been a largely patriarchal conservative society.
A woman now heads one of the most powerful ministries in the country, the Ministry of Peace, which controls the intelligence agency and security forces. Muferiat Kamil, the former speaker of the house, heads the ministry, which aims to tackle the widespread ethnic unrest that has erupted in the country since the easing of the authoritarian control.
Amid these progressive moves and reforms, however, the government has been criticized for not being able to contain the ethnic unrest in the countryside and also for a mass arrest campaign that saw thousands detained in Addis Ababa, some of whom then spent time in re-education camps.
Sahlework would be modern Ethiopia’s first female head of state, though in the country’s history there have been empresses who wielded great power.
Sahlework, 68, was previously the special representative of the United Nations secretary general to the African Union and prior to that headed up the organization’s Nairobi office with a rank of undersecretary general.
She began her diplomatic career as ambassador to Senegal in 1989 with responsibilities in neighboring African countries and later went to Djibouti before eventually serving as ambassador to France, where she had previously studied.
Among her many roles with the U.N. was head of the peacebuilding office in the Central African Republic until 2011.
According to the constitution, the president is the head of state but the office’s powers are ceremonial and include opening parliament, appointing ambassadors and high military ranks following the prime minister’s recommendation and receiving credentials of ambassadors.
Nigerian Firm Owned By Buhari’s In-law Named In UK Criminal Conviction
Two former top executives of energy firm, Afren, were on Wednesday convicted after they were found guilty of money laundering offences in the United Kingdom.
Osman Shahenshah and Shahid Ullah were found guilty of fraud and money laundering offences from which prosecutors said they personally received more than $17 million in a case involving Oriental Energy, founded by Nigerian billionaire oil magnate Muhammadu Indimi.
Prosecutors said Mr Shahenshah, 55, the former chief executive of Afren and Mr Ullah, 58, the oil company’s Texas-based former chief operating officer, laundered $45 million by deceiving the Afren Board into agreeing a $300 million business deal.
Following a shareholder revolt which objected to their £6.6 million and £3.8 million salary packages and faced with the possibility of lower remuneration in future, the two hatched a fraudulent scheme to secretly increase their pay
Details seen by PREMIUM TIMES from the U.K Serious Fraud Office (SFO) showed that Messrs Shahenshah and Ullah created a side deal with one of Afren’s Nigerian oil partners, Oriental Energy, that would allow them to benefit from payments Afren would make.
The men recommended a transaction to the Afren Board, who then approved payments of hundreds of millions of dollars without knowing that Messrs Shahenshah and Ullah stood to personally benefit. The transaction was claimed to be necessary to maintain the business partnership, but the fact that Messrs Shahenshah and Ullah stood to benefit personally remained hidden.
In his comments, Lisa Osofsky, Director of the Serious Fraud Office, said greed motivated the crime.
“Osman Shahenshah and Shahid Ullah failed in their duties as company directors, abused their positions and lied to their board,” he said.
“Instead of acting in their company’s best interests, they used Afren like a personal bank account to fund an illicit deal, with no regard for the consequences.
“Fraud corrodes confidence, undermines trust and damages the reputation of the UK at home and abroad. It is our mission to bring those committing this crime to justice.”
Details showed that the criminal investigation into the former CEO and COO of the collapsed oil and gas exploration company began in June 2015 following a self-report by the company, with the defendants charged with four offences in September last year.
The SFO said Messrs Shahenshah and Ullah recommended that the Afren Board agree to a $300 million payment to Oriental Energy Resources Ltd, the company’s oil field partner in Nigeria. But SFO said that unknown to the Afren board, Messrs Shahenshah and Ullah had struck a side deal with Oriental which led to 15 per cent of the $300 million was then paid out to a Caribbean shell company controlled by the defendants. The men then used the $45 million to purchase luxury properties in Mustique and the British Virgin Islands.
The UK prosecutors said a smaller portion of the $45 million laundered was split between Oriental employees and a close network of Afren staff dubbed ‘The A Team’.
Oriental’s Position
In 2014, Afren dismissed the two officials after an independent review by law firm Willkie Farr & Gallagher LP (WFG) alleged that the duo received more than $17 million in unauthorised payments from Oriental, its Nigerian joint-venture partner and 60 percent equity owner operator of the Ebok assets, offshore Nigeria.
In the law firm review, WFG alleged that Ntiti is owned and controlled by Messrs Shahenshah and Ullah, and that they had used the vehicle to pay special bonuses to themselves and other Afren employees.
But Oriental in its reaction dismissed allegations of unauthorised payments made to its employees.
Earlier in 2012, the company said, Oriental and Afren initially entered into the Oriental Ebok Forward Sale of Crude Oil Agreement. Through the deal, Oriental said it agreed to sell approximately one million barrels of its future oil production to Afren thereby permitting Afren to book those reserves in 2012. The reason the $100 million payment to Oriental was included in Afren’s balance sheet for 31 December 2012 under the line “Prepayment and Advances to Partners” is because it was a prepayment for Oriental’s future oil production, it said.
The company argued that in October 2013, it entered into an agreement with NTITI, the Oil Field Development Optimization Services Agreement, represented by senior executives of the Ebok Joint Operating Team (“JOT”).
The statement by Amina Indimi, the company’s media contact, added that there was an agreement to pay 15 per cent of the cash flows from its joint venture with Afren into a special purpose vehicle called Ntiti BVI, which was intended to reward and retain key employees connected to the project.
“Under the Optimisation Agreement Oriental agreed to pay up to 15% of its annual net Ebok Profit Oil proceeds to NTITI for the purpose of providing incentive compensation and retention of key employees who had proven themselves to be essential members of the Ebok JOT, a group reporting to the Ebok Operating Committee and comprised of employees seconded by both Oriental and Afren, as provided by the JOA,” the company said in a press statement.
“The Optimisation Agreement provided financial compensation to select key employees of both companies upon attainment of annual performance goals set by the Ebok Operating Committee. Oriental had every reason to believe that the Optimisation Agreement had been disclosed, at least in conceptual form, to members of the Afren Board.
“Oriental utterly refutes Afren’s use of the term “ostensibly” in describing the intent of the Optimisation Agreement. It was clear to everyone privy to the Optimisation Agreement that its intent and anticipated effect in rewarding and retaining key employees of the Project was in fact the sole purpose of that Agreement and would be wholly to the benefit of the Ebok Joint Venture participants, Afren and Oriental equally.”
Afren’s troubled history
Afren Plc is an oil company in which a former Nigerian oil minister, Rilwanu Lukman, was a former chairman and founder. Mr Lukman, who served under late President Umaru Yar’adua, died in July 2014.
When he held sway as minister, Mr Lukman was exposed as having a stake in the company while also supervising the oil ministry, in a clear case of conflict of interest. The defunct 234NEXT newspaper ran series of stories on the scandal.
Reports said the company owns subsidiaries in various African countries of which Nigeria is one of them.
The major owners of Afren are various institutional investors and mostly banking and asset management groups, quoted on the London Stock Exchange as AFR. The company, a British firm, operates in Nigeria through its Nigerian subsidiary.
JP Morgan Asset Management Holdings, Blackrock, HSBC and AXA are said to own shares in the company, including other banks.
Alongside Mr Lukman, Constantine Ogunbiyi and Egbert Imomoh are two other individuals believed to have ownership stake in the firm.
The company has since gone into receivership.
On Wednesday, Messrs Shahenshah and Ullah were found not guilty on a separate charge relating to a management buyout of another of Afren’s business partners.
But in a detailed disclosure seen by PREMIUM TIMES, they were both found guilty of one count of fraud by abuse of position, contrary to sections 1 and 4 of the Fraud Act 2006; one count of money laundering, contrary to section 328 of the Proceeds of Crime Act 2002; and one count of money laundering, contrary to section 329 of the Proceeds of Crime Act 2002.
They were acquitted, however, on one count of fraud by abuse of position, contrary to sections 1 and 4 of the Fraud Act 2006 and the SFO said sentencing has been scheduled at Southwark Crown Court for Monday 29 October at 10.00am.
Oriental Energy
Oriental Energy Resources Limited, according to details on its website, was founded by the Chairman, Mr Indimi, in 1990. In September of that year, the company was awarded OPL 224 by the Federal Government of Nigeria, with a mandate requirement to acquire a minimum of up to 1000 km of seismic data and to drill at least three exploratory wells. Work began on OPL 224 in 1991 as the company entered into a Technical Services Agreement with DuPont Nigeria Ltd, acquired the committed 2D seismic survey as well as drilled four wells including the Ufon discovery well. This continued until the Nigerian Department of Petroleum Resources gave an approval to convert OPL 224 to OML 115 on 20 May 1999, as a result of the successful work done on the Block.
In early 2000s, the growth of Oriental Energy proceeded quickly. Ebok marginal field (May 2007) and Okwok marginal field (2006) were awarded to Oriental Energy Resources Limited from ExxonMobil’s OML 67, through a Joint Venture Agreement (JVA) between the Nigerian government and ExxonMobil under the Marginal Fields Scheme, as a compensation for the loss of acreage to ExxonMobil Equatorial Guinea.
The company said it had had strategic alliances with Addax Petroleum (Okwok), Nexen E&P Services Nigeria Ltd. (OML 115), and Energy Equity Resources Oil & Gas (OML 115).
In 2008, Oriental Energy announced its Technical Services Agreement with Afren Energy Resources to appraise the Ebok Field and the partnership expanded with Afren signing a JVA with Oriental Energy and Addax for the development of Okwok (2009), as well as Afren signing a JVA with Oriental Energy and EER for the exploration and appraisal of OML 115 (2010). The company says it is currently producing an average of 19, 000 barrels of oil per day from 27 producer wells and has produced over 60 MMbbls from inception to date.
The company’s chairman, Mr Indimi, is in-law to President Muhammadu Buhari. In 2016, Mr Buhari’s daughter, Zahra, got married to Mr Indimi’s son, Ahmed Indimi.
Following the conviction of the two officials, it is unclear whether Mr Indimi’s Oriental Energy has any case to answer in the deal. The oil firm’s official contact could not be immediately reached Wednesday night.
It is however unclear whether the case is on the radar of Nigeria’s anti-graft agencies. PREMIUM TIMES’ efforts to reach the spokesperson of the Economic and Financial Crimes Commission, EFCC, also proved abortive Wednesday night.
Dantedasz: Oga, Do not tell me what to do on a public forum. The right you have to comment here is the same right I have. I insist once again that some one who is fraudulent in a small thing such as an advert can equally be fraudulent in big things. Except the owner of this vehicle publishes the customs entry C number on the advert you can not categorically confirm payment of duty here please .
Finally my sincere advise to you is to face the message and leave the messenger. I am not the kind of poster you can bully out of here.
I stand by you bro.
I've been in sales for over 10 years and anytime a seller is not willing to divulge pertinent info to potential buyers there's something fishy brooding.
obi58: In other news... Where is the seller? He has suddenly gone silent. Perhaps he is searching for the vin
The thing tire me. The car sharp but without VIN, I can't even look at it talk of consideration. If I don't get VIN today, then this sale is highly and extremely suspicious.
Frenchfriez: You don't need to make reckless assumptions when there is a track record.
America has more debt now than the entire Africa would have in 50yrs. No contract can be 100% written into the project, there would always be something for kickback factored in. We need development in Nigeria so that generations unborn would have a life.
If you have never visited Ebonyi state, pls do so and see for yourself
This is a reckless comparison where there is a track record.
You cannot compare America's capacity to pay and importance to the world to a state in Nigeria that has no capacity whatsoever.
If you don't know what the Chinese are doing to African countries with their loans, do a little research on Zambia.
Is a Solar company the priority? A state that has a lot of farmers and a lot of mining sites.
qarada: but if it was Buhari that can not travel you Igbos will not let us hear word.
Just like Gowon declared war on Biafra but it is Buhari you all claimed killed you even after Obasanjo wrote several book about how Biafra was brought to it knees by his tact.
You Igbos also ascribe Abacha loot to Buhari because he claimed abacha never looted.
Make I just zip here before the Igbo mod ban me because I no longer understand what constitute insult, abuse or that NL # 2 again.
Obasanjo saying "Biafra was brought to it's knees due to his tact." I ask you, "What do you really expect him to say." That Biafra nearly destroyed them if not for the Grace of God Just leave the war issue as it has come and gone.
The Universal Truth in the country right now is that General Buhari by his second attempt at ruling Nigeria has demonstrated without a shred of doubt, that he is incapable, unintelligent, insensitive and bereft of ideas to lead this country. That is the truth!
You can deny it on Nairaland and SM all you want, but your conscience will always tell you the truth.
slimfit1: Saraki don't judge popularity contest online. Majority of them their papa na thief. Them go support you. Kwara was your chance to prove that you have leadership skills, but we couldn't find anything in Kwara to say yes this man get sense we can leave this country in his hands. So whatever is worth doing is worth doing well.
Fashola can come out to say he want to contest and most parties know that they are in trouble. Fashola has evidence on ground to come out you don't need a blind man to tell you. Anybody but Buhari doesn't mean anybody you too should come out. But thanks for giving out some part of our resources out to the owners in dollars. It a shame that we don't even spend naira anymore and we have CBN in this country.
Is Saraki alone senate? Are there not APC and PDP members in the senate? Didn't they go into a closed door session for a candid discussion? I dey tell you eh, "This obsession with Saraki won't do you any good"
Pipedreams: I wana be like you. All i need is a reasonable sum in the account that can last me at least 2years and i will kick their job in the trash can
I came out with way less. Had supporting parents and a working wife. The wait for a large sum before resigning was what kept me in the job for this long.
MissOpe: But for how long will you get to cuddle.....
For as long as needed dear. This is one of the things the job denied me. I have been delivered!
NB: People should develop some skill set asap and have some ideas on how to generate cash penned down. Determine your income and be your own boss. It's NEVER gonna be easy, but it's rewarding psychologically, emotionally, physically and financially.
Pipedreams: Its monday morning and am motionless. God when will you make me financially free? My work depresses me no rest even n saturday. Banks should take it easy on front office staff abeg. What i hear daily is Target this and that, fee this profit that. My female boss always shouting and threatening daily cos of mad pressure from above. Chai its a new week God gimme strength.
This is the reason I recently resigned my job as a Banker. Unnecessarily mad pressure with no job satisfaction!
Now am free! Today is monday and am cuddling my baby girl without a fork to give
I will want to redeploy from there too. My fear of the east is not because I have been there. My fear of them is from the way they conduct themselves online.
They are quick to threaten this,and I will not be taking chances with them. I am sure these scared corpers must feel the same way too.
That is a Bull Shark. It is the only shark specie that can be found both in the ocean and in rivers. It is also very aggressive and has a tremendous bite force.
I wonder how the fisherman successfully killed it?
Business › Re: Affiliate Marketing:a Beginner's Guide To Succeeding With Clickbank by numen(m): 7:37pm On Nov 12, 2018
