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Nairaland Forum / Nairaland / General / Politics / N438m Scandal: I Am A Shareholder Not Director Of The Company - Tunji-Ojo (19935 Views)
CCB Invites Tunji-Ojo Over Alleged N438m Contract Scam / Another Minister, Tunji-ojo Fingered In Another N438m Fraud. / Adebayo Shittu On NYSC Scandal: I Don't Have Fake Certificate Like Kemi Adeosun (2) (3) (4)
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Re: N438m Scandal: I Am A Shareholder Not Director Of The Company - Tunji-Ojo by Gandrova: 7:03am On Jan 09 |
Racoon:I don't think you understand the whole issues. Why should he resigned as a shareholder? After he tendered is resignation as one board of directors. 1 Like |
Re: N438m Scandal: I Am A Shareholder Not Director Of The Company - Tunji-Ojo by Chizy12345: 7:09am On Jan 09 |
if tinubu sack that woman minister. you're the next. because, she will expose all the dirty deals that you're involved |
Re: N438m Scandal: I Am A Shareholder Not Director Of The Company - Tunji-Ojo by intruder15(m): 7:09am On Jan 09 |
Racoon: It's like it is only headline you read. Take out time to read the details as well before you post. Reason being that he addressed what you are asking. |
Re: N438m Scandal: I Am A Shareholder Not Director Of The Company - Tunji-Ojo by MT: 7:10am On Jan 09 |
Gandrova: You guys don't get it. As a Minister, he is in a serious position of influence in the government and also his position within the company as a shareholder makes him a DIRECT beneficiary of the profit made through any contract. No where in the world is this allowed, even if you are top performer. This is a conflict of interest which makes him highly culpable. |
Re: N438m Scandal: I Am A Shareholder Not Director Of The Company - Tunji-Ojo by VIKTO83(m): 7:11am On Jan 09 |
There's something I don't get. If I'm a share holder with Zenith bank and Zenith bank gets involved in any issues, am I directly involved? But if no b say Wike go match u power for power drm for Don start with him Tey Tey. I pray they don't plot assassination on him sha. |
Re: N438m Scandal: I Am A Shareholder Not Director Of The Company - Tunji-Ojo by seunmsg(m): 7:13am On Jan 09 |
dfrost: Absolute nonsense. The company is a going concern and a legal entity. It has the right to do business legally with both public and private entities. The company has all the rights to bid for contracts from any public entity under the public procurement act. The only ministry that a conflict of interest can be established is the Ministry of Interior where the minister has a role and influence over the procurement process. If it’s not ministry or interior, there is no wrongdoing in anyway. 2 Likes |
Re: N438m Scandal: I Am A Shareholder Not Director Of The Company - Tunji-Ojo by membranus: 7:13am On Jan 09 |
Tunji Ojo is being smart by half. His presence in government must have influenced the granting of the contract to his erstwhile company. 1 Like |
Re: N438m Scandal: I Am A Shareholder Not Director Of The Company - Tunji-Ojo by olarent: 7:15am On Jan 09 |
As a shareholders does that mean your company should be closed because you are now minister? The best thing is do the contract follow due process, I have a shard of 222 with Polaris bank does that mean that when I become minister the bank should seize operating or reject payment of nysc stipend? |
Re: N438m Scandal: I Am A Shareholder Not Director Of The Company - Tunji-Ojo by DesChyko: 7:15am On Jan 09 |
It will take more than alleging he directly influenced those shares to nail the Minister. He can be a shareholder, there is no crime in that or law against that. But since he is not a director, that's a clean slate for him. The only stain there is their involvement in the Betty Edu business. However, he must now tread carefully. Nigerians do not take too kindly to public officers' names coming up in cases involving corruption. |
Re: N438m Scandal: I Am A Shareholder Not Director Of The Company - Tunji-Ojo by frog12: 7:15am On Jan 09 |
meaning what his time in the house of rep don turn am to hardened criminal a crook is a crook. these guys don snatch public money. see him eyes like frog own ozo13: 1 Like |
Re: N438m Scandal: I Am A Shareholder Not Director Of The Company - Tunji-Ojo by Tareq1105: 7:16am On Jan 09 |
Jking20: I think if critics continue in this line, no Nigerian would be qualified for any appointments. |
Re: N438m Scandal: I Am A Shareholder Not Director Of The Company - Tunji-Ojo by Haaland21: 7:17am On Jan 09 |
MT: I think you are mixing things up... As a Minister, no law forbid you from holding shares in a company especially the shares you have gotten before assuming the office. He said it....he is not involve in the day to day running of the company. |
Re: N438m Scandal: I Am A Shareholder Not Director Of The Company - Tunji-Ojo by frog12: 7:17am On Jan 09 |
olodo. do you know what a shareholder is?? it means he is an owner of the company. DesChyko: |
Re: N438m Scandal: I Am A Shareholder Not Director Of The Company - Tunji-Ojo by frog12: 7:18am On Jan 09 |
did he tell you how many percentage he has companies like these just don't get government contract like dat Haaland21: |
Re: N438m Scandal: I Am A Shareholder Not Director Of The Company - Tunji-Ojo by dfrost: 7:18am On Jan 09 |
olarent: Size of the shares matters, bruv. How we overlook certain things bothers me. If it's fine by most people, no worries 🤣😂 |
Re: N438m Scandal: I Am A Shareholder Not Director Of The Company - Tunji-Ojo by Bobloco: 7:19am On Jan 09 |
seunmsg: “The company is a limited liability company, which is a private entity. So if the company is a private entity, of course, I am still a shareholder, and to the best of my knowledge public service rule does not prohibit public officers from being shareholders. Don't you think being a shareholder will create conflict of interests |
Re: N438m Scandal: I Am A Shareholder Not Director Of The Company - Tunji-Ojo by Tareq1105: 7:20am On Jan 09 |
membranus: In other words, the company should have closed operations just bcoz he's a minister abi? |
Re: N438m Scandal: I Am A Shareholder Not Director Of The Company - Tunji-Ojo by frog12: 7:22am On Jan 09 |
this CROOK is being smart by half. just like that Edu adviser wey say no law has been broken. these youth ministers are even WORSE : “The company is a limited liability company, which is a private entity. So if the company is a private entity, of course, I am still a shareholder, and to the best of my knowledge public service rule does not prohibit public officers from being shareholders. “What public service rule says is that you cannot be a director, of which I had resigned about five years ago. |
Re: N438m Scandal: I Am A Shareholder Not Director Of The Company - Tunji-Ojo by ABC101FF: 7:22am On Jan 09 |
The only man I thought was different. They are all the same. |
Re: N438m Scandal: I Am A Shareholder Not Director Of The Company - Tunji-Ojo by Tareq1105: 7:22am On Jan 09 |
Bobloco: It would not except if the contract is from the Ministry of Interior where he's a minister. |
Re: N438m Scandal: I Am A Shareholder Not Director Of The Company - Tunji-Ojo by MT: 7:23am On Jan 09 |
seunmsg: Do.you understand what "ethic" is all about? You don't know every position comes with ethical standards? |
Re: N438m Scandal: I Am A Shareholder Not Director Of The Company - Tunji-Ojo by frog12: 7:25am On Jan 09 |
government ministry na government ministry. one rule dem all dey follow Tareq1105: |
Re: N438m Scandal: I Am A Shareholder Not Director Of The Company - Tunji-Ojo by Bobloco: 7:25am On Jan 09 |
Tareq1105: Are you serious |
Re: N438m Scandal: I Am A Shareholder Not Director Of The Company - Tunji-Ojo by SmartyPants(m): 7:25am On Jan 09 |
Bankowner: Which law was broken? He is not a director and it was not his ministry awarding the contract. It may be unethical but not illegal. |
Re: N438m Scandal: I Am A Shareholder Not Director Of The Company - Tunji-Ojo by MT: 7:26am On Jan 09 |
Tareq1105:No. The company shouldn't have bidded for a contract where one of his shareholders is a serving MINISTER. It is called a conflict of interest. That is the global standard you will be held to. Ethics should be taught as a course in our universities. 1 Like 1 Share |
Re: N438m Scandal: I Am A Shareholder Not Director Of The Company - Tunji-Ojo by uniquetechng: 7:26am On Jan 09 |
Odogwuzack:He owns the company as the major shareholder, there is nothing that will happen without his knowledge. Even Radcliffe who owns just 35% stake at United will be involved in all transfer dealings, whether he resigned his directorship or not the company still belongs to him. 1 Like |
Re: N438m Scandal: I Am A Shareholder Not Director Of The Company - Tunji-Ojo by MT: 7:28am On Jan 09 |
Haaland21: He quoted the section of the law that suits him. He knows he has violated one of the ethic of his position as a serving minister. He will be shown when the time comes. |
Re: N438m Scandal: I Am A Shareholder Not Director Of The Company - Tunji-Ojo by Bellotelli: 7:29am On Jan 09 |
DeLaRue:So what you are saying is that every public office holder should compel every companies they have shares with not to bid for government contracts? If your answer is yes, then you should relocate to another planet. |
Re: N438m Scandal: I Am A Shareholder Not Director Of The Company - Tunji-Ojo by blaise26abj(m): 7:30am On Jan 09 |
starstaz: I don’t understand this rant . So you can’t have a business and go into politics ? You must give it all up because you want to serve the country ? Come on . What he has done is the standard anywhere in the world . Even Trump did that . So please cut that gentleman some slack 1 Like |
Re: N438m Scandal: I Am A Shareholder Not Director Of The Company - Tunji-Ojo by Osgilliat(m): 7:30am On Jan 09 |
Don’t get distracted, sane Nigerians knows your worth and grateful of all your efforts to contribute to the betterment of life in Nigeria. Insane ones are sad because of the positive results you’ve achieved. |
Re: N438m Scandal: I Am A Shareholder Not Director Of The Company - Tunji-Ojo by Bellotelli: 7:33am On Jan 09 |
seunmsg:Oga leave these people. They must look for any excuse to bring good people down. |
Re: N438m Scandal: I Am A Shareholder Not Director Of The Company - Tunji-Ojo by firearcher: 7:34am On Jan 09 |
He didn't break any law so that fine. However, that he won't benefit from this contract as a shareholder and founder is a lie. That he has no idea of what the company is doing can't be completely true. |
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