₦airaland Forum

seges:
When Buhari comes to power,we will know more about the full details of this secret account. Buhari will gives us a full account of how this unconstitional account was operated.

hakanai:
GEJ should have asked it be closed particularly as its unconstitutional. Mr Rule of Law!
Also people raised the issue before now on such accounts. the FGN refuted the allegations and did not bother to check. If truth be told the government is often critical of complaints than inveatigating or punish violators.
As we talk now the Police ia even yet to act. bit based on suspocion police moved into NASS to discharge her duties. Also they went ahead to read the laws and seize the Speakers security aid because he decamped. Now are this public servents immune to investigation and prosectution?Looking at the violation by NNPC , CBN , FGN Exco.

mobuch:
Now I am convinced about how dull n silly u are; Produce Proof, you can't, u r waiting for Buhari to become President b4 the Proof will be Produced. Anyway, the security agencies, as at this morning have being notified about the criminal activities going on in this forum; if seun can not Produce you to defend all these sPurious allegations, then he will be made to face the music.

seges:
When Buhari comes to power,we will know more about the full details of this secret account. Buhari will gives us a full account of how this unconstitional account was operated.

tonytony208:
it is now i understand your true intention; to force buhari down pple's throat even if you have to lie and defame other pple's character in the process. Your motive is disgusting.

And you are not God. The right statement should be "if" buhari comes to power and not "when".

And while buhari "tells" you about d secret account, i hope he will also tell you how he mismanaged ptf funds as ptf chairman.

seges:
Who is the sole signatory to an account that billions of dollars go thorough that CBN,NNPC,Finance Ministry and National Assembly are not aware of how it operates?

seges:
He never mismanged PTF funds,I read the audited report by KPMG,not anywhere on the report was Buhari indicted of any fraud or enrichment

tonytony208:
don't just conclude based on what you think. Show clear evidence! Show clear evidence!! Show clear evidence!!!

LRNZH:
By the way did NOI not promise that the PwC forensic Audit report will be released to the public this month - January? This was after an ealier promised time frame of November, 2014 was missed.

We shall definitely see.

One thing I am sure of is all these kurukere Gov't business will be exposed and shut down by GMB.

seges:
I did'nt conclude anything,I just stated the fact of what was mentioned by the Senate,CBN,NNPC,Finance Ministry,that an illegal account started by OBJ was still in operation by a President that operated the Rule Of Law. Mohammed Buhari mentioned this account is illegal and he will close it when he comes to power because he supports transparency and openess.

tonytony208:
like i asked earlier did any of the respondents mention gej? No. Was the account opened by gej? No. Why then did you use a title to make it look like gej was the one who opened the account?

Maybe buhari "support" transparency (even though he is already compromising on his stand), but he is a BAD manager. And someone who can't manage his own finance or that of a single government unit like the ptf doesn't have what it takes to manage a country.

seges:
They won't release the report on the missing $20 billion until after the election. The corruption under this goverment of "stealing is not corruption" is to much.

mobuch:
Mr Seun Osewa, you are directly and indirectly contributing to creating chaos and heating uP the Polity of the nigerian Political sPace. If you can not call your moderators to order or make sure you verify all information being Posted here before releasing to the Public, then I will be left with no choice than to rePort you to the relevant govt security agencies for necessary action.

You have no right to allow your forum to be used to defame and insult the Personality of President goodluck jonathan aand the office he occuPies with false and unverifiable information. This violent Practice must stoP now that the Political environment is becoming hyPer-active.

tonytony208:
like i asked earlier did any of the respondents mention gej? No. Was the account opened by gej? No. Why then did you use a title to make it look like gej was the one who opened the account?

Maybe buhari "support" transparency (even though he is already compromising on his stand), but he is a BAD manager. And someone who can't manage his own finance or that of a single government unit like the ptf doesn't have what it takes to manage a country.

ejiro2130:
Abeg if nobody wan claim ownership of the account, can the nnpc and cbn kindly put my full name as owner??

seges:
Nigeria's biggest problem is corruption which Buhari tackled when he was in power he arrested 4000 politicians and gave them hefty prison sentences for corruption. He even tried to bring his fellow Northener Umaru Dikko in a crate for the billions he stole,we need someone that will tackle corruption or this country is doomed.
http://www.nytimes.com/1984/01/10/world/4000-ex-officials-surrender-in-nigeria.html

mobuch:
You and seun will sOon have a date with the sss to exPansiate and give evidences on your allegations, you both would be surPrised at how you will be smoked out of your hide outs.

tonytony208:
and part of the 4000 is baba adekunle ajasin, the TRANSPARENT ondo state governor. Another one is Olikoye Ransome Kuti, who was not even a politician. Yet another is Olabisi Onabanjo as well as Ambrose Ali, both transparent governors. Ojukwu too was a corrupt politician; that was why he was arrested. Fela kuti too must have been corrupt.

The chairman of corruption in that era; shehu shagari was put under house arrest, while his deputy, alex ekwueme was locked up in kirikiri. Do you call that a fight against corruption? No, those are actions perpetrated by a biased despot.

LRNZH:
I disgree on GMB being a bad manager on account of PTF's performance. Have you read this: https://www.nairaland.com/2071401/ptf-shining-gloom-buhari-success ? Find some time to read what you deem bad management. It will be for your good.

Moreover, APC is a better organised party than PDP and it shows. GMB surrounded by APC brains will forever outdo GEJ and his cronies as we know them. That's the change we want.

seges:
You mentioned a few names out of the 4000,the anti-corruption campaign under Buhari 20 months was still success. Compare that with no single conviction under Goodluck Jonathan after 6 years he promotes corruption through Presidential pardons

tonytony208:
and do you think tinubu, kwankwaso, atiku, amechi, et al will sit back and allow buhari to arrest their boys and stop their means of livelihood ( corruption)? And do you think all the politician-thieves in apc will sit back and allow buhari take them to the cleaner? You better think again.

tonytony208:
you mean APC brains like tinubu of the Toronto certificate, who couldn't build a standard hospital in lagos that could treat knee injury when he was governor and had to fly abroad to treat knee injury?

You mean APC brains like amechi, who is yet to complete his monorail project of 8 years; i mean the same amechi of the oral diarrhea, who speaks from both sides of the mouth like a thief and trickster? You mean the same apc brains like saraki, who conived with his finance commissioner (the present kwara governor) to rob kwara state blind?

Of course, they will outdo gej in corruption and fraudulent practices.

seges:
lol...Vanguard Newspaper referred to the account as the "Orphan Account"
http://www.vanguardngr.com/2012/07/the-orphaned-account-at-jp-morgan/

seges:
Accusations and counter-accusations are trailing the account secretly owned in J.P. Morgan. Yesterday, the Nigeria National Petroleum Corporation (NNPC) disowned the controversial account.

NNPC Group Executive Director (Finance) Mr. Bernard Otti told the joint Senate Committees on Petroleum Resources (Downstream), Appropriation and Finance investigating the management of the fuel subsidy scheme that J. P. Morgan Account was opened by the Central Bank of Nigeria (CBN) on its behalf in 2002.

The CBN had earlier told the committee that the secret account was opened and solely managed by the NNPC.

But Otti told the committee that the CBN is the sole signatory to the account.

Finance Minister Dr. Ngozi Okonjo-Iweala on Monday said her ministry had no hand in the account.

Though Mrs. Okonjo-Iweala told the committee that she is aware of the account, she denied knowledge of its details, including the number.

NNPC Group Managing Director Andrew Yakubu told the committee that the CBN owns the account.

Committee chair Senator Magnus Abe compelled Otti to appear before the committee to clarify the status of the account.

Otti claimed that the CBN operates the account on behalf of NNPC “right from the outset when the account was opened in the United States”.

He said: “The NNPC has no direct contact with the J.P. Morgan account. The account was opened by the CBN on behalf of the NNPC. It was opened in the last quarter of 2002 by the CBN for NNPC.

“The account is operated by NNPC in the CBN. CBN has its correspondent banks to which NNPC isn’t a party. NNPC doesn’t operate that account; NNPC operates domiciliary account with CBN.”

Asked to be definite if the NNPC or the CBN operates the account and whose money is paid into it, Otti said:

“The money paid into the account is crude (oil) money of Nigeria . We are not party to that transaction. Our relationship with the CBN accounts begins and terminates with that account.”

Otti said the CBN is the only signatory, such that the NNPC is not even on the account mandate.

He insisted: “The CBN is the signatory to that account. We have no relationship with J. P. Morgan whatsoever. We are not in the mandate.”

The committee vowed to ensure that accounts not known to the Constitution are closed and all monies paid directly into the Federation Account.

http://www.channelstv.com/2012/07/02/senate-committee-discovers-illegal-nnpc-account/


https://www.youtube.com/watch?v=ugOjxv7EMD4
CBN has denied operating it,Finance Ministry and NNPC. This account has a sole signatory which points to specific person. Mohammed Buhari had mentioned this same fact about this secret account a few weeks ago.

http://www.punchng.com/news/nnpc-denies-keeping-two-accounts/

seges:
You mentioned a few names out of the 4000,the anti-corruption campaign under Buhari 20 months was still a success. Compare that with no single conviction under Goodluck Jonathan after 6 years instead he promotes corruption through Presidential pardons

seges:
Accusations and counter-accusations are trailing the account secretly owned in J.P. Morgan. Yesterday, the Nigeria National Petroleum Corporation (NNPC) disowned the controversial account.

NNPC Group Executive Director (Finance) Mr. Bernard Otti told the joint Senate Committees on Petroleum Resources (Downstream), Appropriation and Finance investigating the management of the fuel subsidy scheme that J. P. Morgan Account was opened by the Central Bank of Nigeria (CBN) on its behalf in 2002.

The CBN had earlier told the committee that the secret account was opened and solely managed by the NNPC.

But Otti told the committee that the CBN is the sole signatory to the account.

Finance Minister Dr. Ngozi Okonjo-Iweala on Monday said her ministry had no hand in the account.

Though Mrs. Okonjo-Iweala told the committee that she is aware of the account, she denied knowledge of its details, including the number.

NNPC Group Managing Director Andrew Yakubu told the committee that the CBN owns the account.

Committee chair Senator Magnus Abe compelled Otti to appear before the committee to clarify the status of the account.

Otti claimed that the CBN operates the account on behalf of NNPC “right from the outset when the account was opened in the United States”.

He said: “The NNPC has no direct contact with the J.P. Morgan account. The account was opened by the CBN on behalf of the NNPC. It was opened in the last quarter of 2002 by the CBN for NNPC.

“The account is operated by NNPC in the CBN. CBN has its correspondent banks to which NNPC isn’t a party. NNPC doesn’t operate that account; NNPC operates domiciliary account with CBN.”

Asked to be definite if the NNPC or the CBN operates the account and whose money is paid into it, Otti said:

“The money paid into the account is crude (oil) money of Nigeria . We are not party to that transaction. Our relationship with the CBN accounts begins and terminates with that account.”

Otti said the CBN is the only signatory, such that the NNPC is not even on the account mandate.

He insisted: “The CBN is the signatory to that account. We have no relationship with J. P. Morgan whatsoever. We are not in the mandate.”

The committee vowed to ensure that accounts not known to the Constitution are closed and all monies paid directly into the Federation Account.

http://www.channelstv.com/2012/07/02/senate-committee-discovers-illegal-nnpc-account/


https://www.youtube.com/watch?v=ugOjxv7EMD4
CBN has denied operating it,Finance Ministry and NNPC. This account has a sole signatory which points to specific person. Mohammed Buhari had mentioned this same fact about this secret account a few weeks ago.

http://www.punchng.com/news/nnpc-denies-keeping-two-accounts/

seges:
Absolute rubbish!This is from a Senate investigation into the matter I posted the article and the video from the Senate hearing. You have sold your conscience and don't like the truth.