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Nairaland Forum / Nairaland / General / Politics / Why Did Jonathan Return Capital Oil To Ifeanyi Uba? (62562 Views)
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Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by Nobody: 9:23pm On Nov 10, 2014 |
kasiem:guy u Bleep up 4 Likes |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by omenka(m): 9:23pm On Nov 10, 2014 |
atlwireles:We should ask a lawyer in this case, but you never asked anyone to ask a lawyer when the question about Fela's sentencing came up. What wonderful logic! 1 Like |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by Dannyset(m): 9:24pm On Nov 10, 2014 |
Chei.....dis GEJ and GMB e-contest is really getting interesting by the day, and I pray it doesn't cause another thing other than what we are already seeing. Well, as for me and my household, I stand for CHANGE. 3 Likes |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by duni04(m): 9:26pm On Nov 10, 2014 |
datolee:Lol this is just ridiculous and even paints your president in bad light. So he used our money to bail out a private citizen, and then instead of auctioning off the company like they did mainstreet bank and intercontinental bank (which Amcon also seized), they return it back to UBA? A TAN supporter? See all these impeachable offences we're just overlooking. 15 Likes |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by atlwireles: 9:26pm On Nov 10, 2014 |
omenka: The judge involved answered whatever question you might have. Abi, na lie I talk? |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by Nobody: 9:26pm On Nov 10, 2014 |
Firefire: I dey bro, how your side? It's really very sad they way they play their politics. Twisting facts, propagating lies and deceit. We must keep telling the Nigerian Public the truth 4 Likes |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by Mortiano(m): 9:27pm On Nov 10, 2014 |
omenka:thats one thing i hate most, u r not igbo n yet u used igbo name to confuse people. silly people, that obiagelli inclusive, silly people. N.b, i'm not against u as opposition, but disguising in the name of igbo name is quite appalling and disgusting, u guys can do more than that. peace 13 Likes |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by sweetgala(m): 9:29pm On Nov 10, 2014 |
It is depressing, I personally given the choice would rather not want to vote for Old man Buhari come 2015 but when you look at the alternative , a continuation of this criminal experience we now find ourselves, I know for Nigeria to survive GEJ must go. 6 Likes |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by Nobody: 9:29pm On Nov 10, 2014 |
duni04: If you do not the working of AMCON, then, I need not reply you!. Have you ever heard of government bail-out in US and UK and other countries? Do you know what is called a strategic company that is essential to the economy of the nation? 13 Likes |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by Nobody: 9:29pm On Nov 10, 2014 |
datolee:My friend, you are very good at misleading people. Firstlt, the company's management was taken over by AMCOM because they were indebted by N65 billion. What is the Amicable settlement? “It was N53bn plus N12bn of interest accumulated over the last two years, and the interest is accruing at the rate of about N800m to N900m a month,” he had said.http://www.punchng.com/business/business-economy/amcon-takes-over-ifeanyi-ubahs-capital-oil/ 10 Likes |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by Synthase(m): 9:29pm On Nov 10, 2014 |
omenka:All of una just dey do research and counter-research... anyway I need answers too for research purpose. |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by shizzleStar: 9:30pm On Nov 10, 2014 |
lacasa:Of course you and op are in the same pedestal, so its no surprise that such nonsense will make plenty of sense to nuisances like you. Useless APigC dumbheads |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by pentagonal: 9:31pm On Nov 10, 2014 |
datolee: the cheers from your fellow reetards is getting into your head. where in the whole wide world will a government return a bankrupt and corrupt private company back to the owners. without auctioning it off to get back the tax payers bail out funds. only otueke enclave where impunity reigns. 7 Likes |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by Nobody: 9:31pm On Nov 10, 2014 |
datolee:It was a Court ruling that led to the taken over of the Management of Capital Oil in the first instance for owing over N65 billion. The question is, what is the legal/moral justification for handing over Capital Oil back to Ifeanyi Ubah when the Court Ruled that AMCON should manage it for TWO YEARS, which is 2013-2015? The corporation said, “Following discussions with COG, a resolution was reached, which was subsequently adopted as terms of settlement in suit number FHC/ABJ/CS/714/2012 at the Federal High Court. One of the key conditions of this settlement is that AMCON takes over executive management of the COG for a period of two years.http://www.punchng.com/business/business-economy/amcon-takes-over-ifeanyi-ubahs-capital-oil/ 3 Likes |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by Nobody: 9:31pm On Nov 10, 2014 |
Omenka,perfect counter-threading! Ayamlaykorn 1 Like |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by Firefire(m): 9:32pm On Nov 10, 2014 |
datolee: Cool here I don’t know when APC would change? Lies, Propaganda, caricature and wicked-falsification cannot WIN them election. "Propaganda is to a democracy what violence is to a dictatorship". - William Blum 9 Likes 1 Share |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by jimharry21(m): 9:32pm On Nov 10, 2014 |
if somebody tells me what happened to Otedola & Lawal then i will ask GEJ what has happened to Ubah? 12 Likes |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by Kelvin0(m): 9:32pm On Nov 10, 2014 |
Firefire:My real guy, u are highly greeted...! |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by blkmum700: 9:33pm On Nov 10, 2014 |
Mortiano: do you have any problem with him being Igbo,he said he's igbo and who are you to say he's not igbo because he refused to be Sentimental. 1 Like |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by atlwireles: 9:33pm On Nov 10, 2014 |
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Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by IYANGBALI: 9:33pm On Nov 10, 2014 |
berem:this 2015 erec-tion go cause wahala o |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by kasiem(m): 9:33pm On Nov 10, 2014 |
Ipledge:i agree that i'm useless according to ur definition but the op lacks integrity for claiming to be an igbo while he is not just to carry out his dubious activities so this brought a wonderful platform for for his mischief to be blown up. 2 Likes |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by dguyindcorner(m): 9:34pm On Nov 10, 2014 |
Firefire: Learn how to respond and not how to react ya son of TAN |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by Nobody: 9:34pm On Nov 10, 2014 |
barcanista: Why must you keep doing this? At first you said it was taken over because of subsidy fraud... We must let Nigerian's know that it wasn't taken over because of subsidy fraud but because of debt (remember AIG and Cosmas Maduka case?) From you link, this is what AMCON said “Dr. Patrick Ifeanyi Ubah, the erstwhile Managing Director/Chief Executive Officer, has consequently relinquished his role as head of the organisation. In the interim, AMCON has appointed an acting managing director to ensure accountability and continuity of operations.” AMCON taken over was just to stabilize the company and hand it over to Uba!! If they have reached an agreement before this time frame, who are you to question it? Are you privy to the agreement? 15 Likes |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by OYAY(m): 9:35pm On Nov 10, 2014 |
Citizen get the type of leader they quest for! Nothing is worst of in this world than to have a gullible and foolish followers, I can not understand the basis of some people arguing that the president has no hand in his exoneration from all the initial faudulent cases;is this case not similar to Mohammed Abacha's case and Malabu controversy? I am begging us to be Objective and shun sentiment if want this country to move forward. There is no where in the report that stated he has paid back the loan of access bank or he is no more part of the subsidy scammers! 9 Likes |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by dguyindcorner(m): 9:35pm On Nov 10, 2014 |
atlwireles: You do not even worth the time |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by Firefire(m): 9:36pm On Nov 10, 2014 |
Kelvin0: Bro, we shall all live to see the 4th weeping of the People's General come February 2015. Inshall Allah! I greet U. 10 Likes
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Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by Nobody: 9:36pm On Nov 10, 2014 |
omenka: What other Agency doesnt operate under the thumb of the President in Nigeria to you?, as long as politics will make you believe that even the supreme court is under the President, then i don't think there is any need for you to bring this topic up. 2 Likes |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by duni04(m): 9:36pm On Nov 10, 2014 |
datolee:LMAO! see ignorance on display! Somebody couldn't pay off his debts to some banks and had his company seized and put under administration, preparatory to its eventual sale. Uba was not even supossed to be able to buy his company back from AMCON for ethical and legal reasons. Plus he definitely couldn't have paid back his debt to AMCON. If AMCON sold the company to uba, the process would have been a fraudulent one because I can't even remember AMCON announcing any bids for the sale of capital oil in the media. 6 Likes |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by bloodykiller: 9:36pm On Nov 10, 2014 |
berem: buhari is a terrorist 1 Like |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by omenka(m): 9:37pm On Nov 10, 2014 |
datolee:Here you go again with your selective blindness. Did you read the opening post or you just popped out shooting indiscriminately
How dare you try to dissociate what happened to the company from the subsidy ponzi scheme?? How dare you. 4 Likes |
Re: Why Did Jonathan Return Capital Oil To Ifeanyi Uba? by Nobody: 9:37pm On Nov 10, 2014 |
kasiem:am soorrry for being harsh, i will erase it |
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