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Politics / Re: Jesus Can't Deliver You From Poverty- Oshiomhole Declares by omlueh(m): 6:21pm On May 02
Adamu Oshiomhole the senator representing Edo north federal constituency, tour miserable days are numbered on earth for your ignorance and stupid spewing concerning Our "LORD JESUS CHRIST ". Oshiomhole, You Have lay a Generational Curses on your entire households and unborn generations.
Adams(Adamu) your foolishness had led you to eternal Condemnations into abyss.
You need a Great Repentance To Save You and Your Generations From These Curse You Incurred On All Your Households.
Foolish Dust That Will Die In A Miserable Way Soonest.
European Football (EPL, UEFA, La Liga) / Re: Coventry City Vs Manchester United: FA Cup (2-4) On Penalties On 21st April 2024 by omlueh(m): 2:58pm On Apr 21
I'm Manchester United Great Fans, But Today's Match, Coventry Will Carry The Day.
Food / Re: Sachet Alcohol Ban: Manufacturers Fear 5.5 Million Job Loss by omlueh(m): 6:48am On Feb 20
Useless Set Of Bastards In Government Continue With You Senseless Pronouncements and Irrelevant Laws, Revolution On The Way Watch out
Business / Re: Wigwe: US Authorities Give Reason Helicopter Crashed by omlueh(m): 11:07am On Feb 12
Nah Wah oooooooooo, Wonders Shall Never End, All The Self Acclaimed Billionaires Are Great Criminal Of The Highest Order. It's Well.
TYCO77:
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Contrary to his public image as a no-nonsense Governor of the Central Bank and a reformer who always pride himself as an anti-special interest, Sanusi Lamido Sanusi’s complicity in the questionable acquisition of Intercontinental Bank by Access bank and the God-Father role of Dr, Bukola Saraki showed the true Sanusi Lamido Sanusi. Oluwaseyi Oduyela reports, how the former Governor of Central Bank- Sanusi Lamido and Dr, Bukola Saraki masterminded the biggest bank fraud in Nigeria’s Banking Industry history.

By Seyi Oduyela/Washington, DC

In 2009 when Mr. Chukwuma Soludo’s appointment was due for renewal as the Governor of Central Bank, late President Yar’Adua was misled by the cabal that eventually hijacked his government into refusing Mr. Soludo’s a second term and instead, appointed Sanusi Lamido as Soludo’s successor. Prior to his appointment as the Governor of Central Bank of Nigeria (CBN) Soludo had joined the government of former president Obasanjo in 2003 and served as the Chief Economic Adviser and Chief Executive of the National Planning Commission of Nigeria .

So in June 2009, Sanusi Lamido became Governor of Central Bank. Barely two weeks in office, in an unusual move, Lamido dispatched Central Bank of Nigeria examiners to five banks- AfriBank, FinBank, Intercontinental Bank, Oceanic Bank and Union Bank. A CBN source disclosed to Africa Inquirer that the inclusion of Intercontinental Bank was a surprise because the CBN just concluded a comprehensive examination of the bank and gave it a clean bill. In a surprise twist of event, CBN examiners changed their positive report on Intercontinental Bank to “non-performing.” Our source at the CBN disclosed that Mallam Lamido rejected the favorable report presented to him, hence the re-classification of the report from “performing to non-performing.” As at this time, Intercontinental Bank was one of the biggest and the largest bank with a balance sheet size of about N1.7 Trillion.

Our investigation reveal that, late Yar’Adua refusal to renew Soludo’s appointment was actually influenced by Dr. Bukola Saraki using is political weight as the then Chairman Governor’s forum. It was “Saraki who pressed for the replacement of Soludo with Lamido,” our source disclosed. Why would Saraki want Lamido? What is Saraki’s interest in Lamido and what connects the two men? Africa Inquirer diggings reveal that Mallam Lamido and Bukola Saraki have been childhood friends. The two went to same High School, King’s College Lagos with their mutual lawyer, Kola Awodein. While Lamido graduated in 1977, Bukola Saraki left King’s College in 1978. Besides being school mates, Saraki and Lamido are Akingbola’s mutual enemies by their own creation. Before the emergence of Sanusi Lamido as the Governor of CBN, Dr. Bukola Saraki had taken a loan from Intercontinental Bank to the tune of N11Billion.

Our investigations reveal that through Joy Petroleum, as a parent company, Saraki used four other companies namely: Skyview Properties Ltd, Limkers Ltd, Dicetrade Ltd, Carlisle Properties and Investment Ltd, while Dr. Bukola Saraki was portrayed by the bank documents as the Prime Promoter of all the companies including Joy Petroleum Ltd. Under Erastus Akingbola, Saraki secured the 11 Billion Naira loan with four houses in Ikoyi and in Abuja. The houses are on 19 Ruxton road, Ikoyi; 15A MacDonald Road, Ikoyi; 17 MacDonald Road,Ikoyi and Plot 2481 Cadastral Zone A06 Maitama, Abuja.

AigSanusi andWigwe

As soon as Lamido became the CBN governor, and with the doctored report of ‘non-performance” of Intercontinental Bank which was never released to the public till date, Lamido fired the CEOs of the five banks, including Akingbola and appointed acting Managing Directors. Mr. Lai Mahmoud Alabi, a former staff of Bukola Saraki was appointed by Lamido as the Acting MD of Intercontinental Bank. Lai Alabi served as Bukola Saraki’s Chairman of Songa Farms and several development funds in Kwara State.

Lai Alabi’s first task as the new head of Intercontinental Bank was to summon the board of directors to write off N 8.1 Billion out of the N11 Billion owed by Saraki and which were surprisingly, well collateralize with choice assets in Ikoyi, this write-off was strongly condemned by the CBN examination report of May 2010 which complained about the massive loan forgiveness, calling it “cash gift.” The examiners also questioned the rationale behind the return of the collaterals to Saraki. Yet, Mr Lamido never acted since he was only satisfying his benefactor.

Curiously, before Lamido’s takeover of Intercontinental bank, the bank’s inter-bank takings was N73 Billion, with no record of the bank’s indebtedness to the CBN but by the time the bank was sold, it was owing the CBN N100 Billion and other banks N300 Billion. Contrary to Lamido’s claim that he injected N100 Billion to revive Intercontinental bank, the bank’s balance sheet as the time of takeover was N1.6 Trillion. The bank had 330 branches, 2 foreign subsidiaries, 12,000 employees and paid-up capital of N230 Billion.

If the takeover of Intercontinental bank and the replacement of its employees by former employees of defunct Societe Generale Bank were not surprising enough, the sale of the bank to Access was the most fraudulent in Nigeria’s banking industry history.

In 2011, Aig Imokhuede, founder of Access Bank and a debtor of Intercontinental Bank began talks with the Sanusi Lamido-led Central Bank of Nigeria to acquire Intercontinental Bank Plc. Further to the approval of the shareholders of Intercontinental bank and Access Bank, court sanction of the Federal High Court of Nigeria and approval of the Central Bank of Nigeria and the Securities & Exchange Commission, Access Bank Plc (“Access”) and Intercontinental Bank Plc (“Intercontinental Bank”) announced the completion of the recapitalization of Intercontinental Bank and the acquisition of 75% majority interest in Intercontinental Bank by Access Bank Plc.

In effect, Intercontinental Bank (including all its assets, liabilities and undertakings) became a subsidiary of Access Bank Plc. Aluko & Oyebode acted as Transaction Counsel to Access Bank Plc in connection with its acquisition of Intercontinental Bank Plc. The question is how did Aig Imokhuede and Herbet Wigwe acquired Intercontinental Bank?

Africa Inquirer obtained a loan document showing how Aig Imokhuede and his partner Herbert Wigwe (current MD Access Bank) used a company called United Alliance Company of Nigeria to borrow over N16 billion from Intercontinental Bank under Akingbola. The duo tactically delayed payment of the loan. Aig wrote to Mr Lai Alabi twice rescheduling the payment of the loan which were allegedly written off by the CBN before the forced controversial acquisition of the bank by Access.

Our investigation later discovered that, the delay tactics was part of the plan of Saraki and Lamido to sell Intercontinental Bank to Aig Imokhuede who took loan from Akingbola’s bank to acquire Access Bank. Lamido’s CBN used AMCON to deplete Intercontinental bank’s assets before selling it to Access bank. Since Access bank is owing Intercontinental Bank N16 Billion, where did it get the N50 Billion to purchase Intercontinental Bank? Africa Inquirer discovered that Aig Imokhuede, sourced for the N50 Billion from Bank of Industry.

Evelyn Oputu, Former CEO, Bank of Industry

Evelyn Oputu, Former CEO, Bank of Industry

As at this time, the Managing Director of Bank of Industry was Mrs. Evelyn Oputu, Aig Imokhuede’s mother-in-law. With impunity, under the supervision of Malam Lamido as the CBN Governor, N50 billion was paid to Intercontinental bank account in the evening, and immediately after the acquisition of Intercontinental Bank was announced, Aig Imokhuede, transferred the N50 Billion back to the Bank of Industry. By implication, Aig and his group paid nothing for Intercontinental Bank. Mrs. Oputu is being investigated by the Financial Reporting Council for alleged fraudulent practices as the Managing Director of the Bank of Industry.

Source:
http://yemojanewsng.com/revealed-how-access-bank-fraudulently-took-over-intercontinental-bank-the-bukola-saraki-lamido-sanusi-script/
Business / Re: Wigwe: US Authorities Give Reason Helicopter Crashed by omlueh(m): 6:42am On Feb 12
Wao, Wao, Wao. This is not funny at all, indeed Karma Will Always Be There To Play It's Role(Cause) at The Appointed Time and When Necessary.
Evil Everywhere both male and female without exemption from religion affiliation.
WorldRichest:


The other idiot that died with them Abimbola Ogunbadejo is a former Group Chairman of Nigeria Exchange Group Plc, that is where the greatest frauds happen everyday. People that bought shares using millions some years back, the sharks are now worth few thousands because of manipulation of shares prices by the criminals.

My personal over 14 million Naira investment in Shares between 2004 and 2012, this is money I starved myself to invest over the years. The last time I check, it was worth less than 350,000 Naira. That is money I should have used to drink, smoke, club, and carry Olosho, but I thought that I was wise, so I invested it in Shares, and evil men in high places looted my money. They will never escape miserable deaths

2 Likes 1 Share

Business / Re: Wigwe: US Authorities Give Reason Helicopter Crashed by omlueh(m): 6:33am On Feb 12
Hmmmmmmm This Is Very Deep, If True, Indeed No Peace For The Wicked.
WorldRichest:


Yes, I am disturbed by my friends who lost their jobs in Intercontinental Bank when the gang of thieves whom Ogun go soon kee all of them illegally stole the bank from the owners.

Have you forgotten that Sanusi Lamido Sanusi who was used for the illegality has been disgraced and humiliated twice ?

What about Bukola Saraki that was the thief that initiated the evil plan? He is fighting to keep his ancestral home from being pulled down in the state that he and his family once lord over.

Several others involved in that Intercontinental Bank illegality will pay dearly
Sports / Re: Kayode Tijani Dies In Lagos At 55 by omlueh(m): 8:57pm On Feb 08
Rest on well kayode Tijjani, You have played your part Brother and You played it very well.
Rest in the Lord Bossom

1 Like

Sports / Re: Kayode Tijani Dies In Lagos At 55 by omlueh(m): 8:55pm On Feb 08
Typo error nah
drimzsmoke:


He died on February 7 and he will be buried on February 6.... Please, what's going on here cheesy cheesy cheesy cheesy cheesy cheesy
Sports / Re: Ivory Coast Vs DR Congo, AFCON 2023 Semi-finals (1 - 0) On 7th February 2024 by omlueh(m): 2:35pm On Feb 07
Congo DR Will Surely Do To Ivory Coast What Equatorial Guinea Did To Them In The Group Stage Today
Celebrities / Re: Jimi Solanke Dies At 82. by omlueh(m): 3:54pm On Feb 05
Rest on well legend, you mark your print on the sand of time Sir Respect.

2 Likes 1 Share

Jobs/Vacancies / Re: Nonchalant Wicked Attitude Of Most Employer. by omlueh(m): 1:46pm On Jan 08
You're Very Correct and have spoken rightly, let me just give you an example were I Worked, I'm a Staff With Cadbury Nigeria PLC, There are these Two Major Service Providers for Cadbury ( Though More Service Providers are on site).
Namely ASCO (Ashaka Security Company) Owned By An Edo Man Whom Happens To Be A JW (Jehovah wickedness), whom seriously subjects all it's staffs working in Cadbury to severe pains and wickedness, this company pays a paltry sum of 38k monthly to its staffs and never on time like almost the last day of the months were as cadbury staffs have forgotten the payment of their salaries, the worst was this past December 2023, they were paid on the 28th and with the sum of 23k only.
The Second Service Provider Which is a Complete Disaster is Called "RENET" a cleaning service provider own by a renowned Muslim Alfa(Alhaji), This Very man is an epitome of disaster; disgrace; apology; inhuman; and evil, the very earliest date he pays salary is on the 10th of the preceding months, during this past December 2023, the whole lots of it's staffs in Cadbury were in agony, the salary for celebrations with their families were just forcefully paid this month of January 2024 on the 5th.
Please I Would Strongly advised The People Should take these two dangerous establishment into cognisance.

1 Like

Music/Radio / Re: Davido Praying To Win Grammy Award After Downplaying Burna Boy's Grammy Effort by omlueh(m): 9:29am On Jan 05
You're Very Correct Sir With Your Assertion
Timoleon:
Davido will win a Grammy. *Ifeanyi*
Music/Radio / Re: Davido Praying To Win Grammy Award After Downplaying Burna Boy's Grammy Effort by omlueh(m): 9:27am On Jan 05
Why Won't He Be Given The Grammy This Year, Afterall He Has Sacrifice The Soul Of The Poor Child Ifeanyi To Them In Illuminati.
So Congratulations In Advance To Him(Lost Soul David Adeleke).

1 Like

Politics / Re: What Are You Regrets In Year 2023? by omlueh(m): 8:35am On Jan 02
Because He Died Over There In The UK. Period.
TheBTCinvestor:


Travel visas to Bury him in the UK?? Why can't dey bring his corpse to naija
Politics / Re: What Are You Regrets In Year 2023? by omlueh(m): 11:16am On Jan 01
Is not the issue of money, but long process of obtaining travelling visas for the wife and the three Children together with that of my other younger brother to represent the family at the burial, my brother there is lots of protocol and process by the Britons ooooooooooo
TheBTCinvestor:


Wow...leaving him for 1year in the Morgue isn't good na..Bury him there If u have no money to bring him back...so his soul can rest lipsrsealed
Politics / Re: What Are You Regrets In Year 2023? by omlueh(m): 1:55am On Jan 01
Losing My Immediate Younger To The Cold Hand of Death On 26th April 2023 In York United Kingdom At The Age of Almost 49Years By July, But Still In The Morgue Over There Not Yet Buried.
But Hopefully To Be Buried Before or By April This Year.

1 Like

Nairaland / General / Re: Happy New Year Nairalanders by omlueh(m): 1:46am On Jan 01
Happy New Year To Everyone, May The Whole Blessings Of This Year Be For Us All Together With Every Member of Our Respective Families and Well Wishers. Amen In Jesus Mighty Name. Shalom.
Politics / Re: Rotimi Akeredolu, Other Governors Who Died In Office by omlueh(m): 1:35pm On Dec 27, 2023
It's a Lie, He died long before now like I had Said Vehemently in all my earlier posts, both the state and federal government are laying about his death.
Politics / Re: Akeredolu Is Dead - Sahara Reporters by omlueh(m): 1:31pm On Dec 27, 2023
He never died on Wednesday, Both the State and Federal Government are laying, Arakurin Rotimi Akeredolu Has Died Long Ago, Not Now That They Are Saying He Just Died Today.
I Have Said These Several Times In My Earlier Posts.
Keep On Resting Akeredolu Rotimi.
TV/Movies / Re: Today Is Art Alade's 86th Posthumous Birthday by omlueh(m): 7:07am On Dec 14, 2023
Keep Resting One Of The Great Legend of Our Time, I Always Watched Your Great Show Back Then.
Keep Resting In The Bossom of The Good Lord.
You're Indeed A Great Man Liike My Late Daddy of Same Age With You But Died A Year Before You.
Rest On Well To All Wonderful Daddy and Mummy Whom Have Impacted Well On Thier Children and Generations.

1 Like 1 Share

Politics / Re: Ondo Assembly Declares Ayedatiwa As Acting Governor by omlueh(m): 3:06pm On Dec 13, 2023
Stories For The gods, I Have Said Before, and I'm Repeating Emphatically, Arakunrin Akeredolu Is Late(Dead), Why Is The Family Together With The Federal Government Covering What Is Not Coverable.
Death Is A Necessary End, That Must Surely Comes To All Souls, So They Should Let The Deputy Take Charge Of The State Affairs Before Now, So As For The State To Have A Led Way With A Leader Governing The Poor State Abeg.
Politics / Re: Governor Akeredolu's Wife & Son Keep Him In Ibadan Against His Wishes by omlueh(m): 12:08pm On Dec 12, 2023
This Man Is Dead, But They (Family Members and Federal Government) Are Hiding The Truth From Nigerians.
It's A Matter Of Time, The Truths Will Be Revealed.
Politics / Re: Ondo Commissioner Alleges Forgery Of Akeredolu’s Signature On Official Document by omlueh(m): 11:07am On Dec 09, 2023
And If Otherwise and Pronounced That Akeredolu Has Gone To The World Beyond Which Is A Very Fact.
What Will Your Like Do and Say To Ondo Indigenes and The Entire Nigeria As A Whole.
Omodua:
When the the Truth is out and he is believed to be healthy and robust, you Will owe the nation apology for misinformation and lies
Politics / Re: Ondo Commissioner Alleges Forgery Of Akeredolu’s Signature On Official Document by omlueh(m): 8:33pm On Dec 08, 2023
Why Are You and Your Likes Shying Away From The Truth, Don't Worry It's A Matter of Time For The Truth To Be Made Known To Everyone.
Omodua:
Liar!

Who told you he is dead. He is recuperating in Ibadan.

Pls avoid this dangerous rumour.

2 Likes

Politics / Re: Ondo Commissioner Alleges Forgery Of Akeredolu’s Signature On Official Document by omlueh(m): 7:56pm On Dec 08, 2023
This Set Of Government Officials Right From The Office Of The President (Highest Office) Up To The Office of The Councillor(Lowest Office) Across Board In The Country Knew That Arakunrin Akeredolu Is Dead, So Why Are They Hiding These and Refusing The Deputy Governor Lucky Ayedatiwa To Mount The Post Of The State (ONDO) As The Chief Executive Governor.
Evil People Around The Corridors Of Power.

2 Likes

Politics / Re: Edo 2024: Shaibu Has The Right To Contest – Obaseki by omlueh(m): 5:41am On Dec 01, 2023
Shuaibu! Shuaibu!! Shuaibu!!! Please and Please, Just Forget This Your Ambition, It's The Turn Of Edo South (Ishan People) To Produced The Next Governor Of Edo State, Oshiomhole(Edo North); Obaseki( Edo West) and Now Is Edo South Turn, So As A Loving Brother That We All Are, Please Kindly Let Go Of This Your Desired Ambition Your Are Seeking For.

6 Likes

Politics / Re: Kogi, Imo, Bayelsa: We Have No Preferred Candidate – INEC Chairman, Yakubu by omlueh(m): 11:03pm On Nov 10, 2023
Story To The gods.

3 Likes

European Football (EPL, UEFA, La Liga) / Re: Arsenal Vs Sevilla UCL (2 - 0) On 8th November 2023 by omlueh(m): 5:49pm On Nov 08, 2023
Arsenal To Lose 3 Nil. Arsenal 0-3 Sevilla.
Politics / Re: 2023 Elections Showed Nigerians Are Tired Of APC – Tunde Bakare by omlueh(m): 8:52am On Aug 14, 2023
People should not mind Bakare, because he's an hypocrite and a co- traveller of the evil people and party that destroyed Nigeria to these hieght, now he's lamenting like lamentations.
He better stays on his lane and remain mute or else his disgraced personality and utterances will kept on rising like the rising Sun. Mtcheww.
Religion / Re: I Pray To Die Same Day With My Wife Says E.A Adeboye by omlueh(m): 9:14am On Jul 16, 2023
They're Both in The Same Occultic Society

1 Like

Celebrities / Re: May Edochie Celebrates Christmas With Her Children (Photos) by omlueh(m): 2:13pm On Dec 25, 2022
I'm not supporting Yul in anyway but in this kind of precarious situation what is the way out for him.
Just Curious.

4 Likes

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