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Ngozi Okonjo-Iweala: 4 Methods Corrupt Nigerians Use To Steal Nigeria's Money - Politics (2) - Nairaland

Nairaland ForumNairaland GeneralPoliticsNgozi Okonjo-Iweala: 4 Methods Corrupt Nigerians Use To Steal Nigeria's Money (30709 Views)

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Re: Ngozi Okonjo-Iweala: 4 Methods Corrupt Nigerians Use To Steal Nigeria's Money by BLWeb: 8:10am On Jan 27, 2016
I just wonder how we can actually eradicate total corruption from the nigerian system. I just wonder!
Re: Ngozi Okonjo-Iweala: 4 Methods Corrupt Nigerians Use To Steal Nigeria's Money by ddeola: 8:10am On Jan 27, 2016
Ngozi Okonjo Iweala also stole from the coffers of the country and she will NOT go scot-free. Nemesis will catch up with her for messing up Nigeria's economy with Jona dem
Re: Ngozi Okonjo-Iweala: 4 Methods Corrupt Nigerians Use To Steal Nigeria's Money by Nobody: 8:11am On Jan 27, 2016
Nigeria is dead
Re: Ngozi Okonjo-Iweala: 4 Methods Corrupt Nigerians Use To Steal Nigeria's Money by jamoscofield(m): 8:11am On Jan 27, 2016
ptchwwwwwwwwwwww
Re: Ngozi Okonjo-Iweala: 4 Methods Corrupt Nigerians Use To Steal Nigeria's Money by MrImole: 8:13am On Jan 27, 2016
Thank you ma.
Re: Ngozi Okonjo-Iweala: 4 Methods Corrupt Nigerians Use To Steal Nigeria's Money by Fabulousfriday5: 8:19am On Jan 27, 2016
You have omitted your owm method of stealing.
Re: Ngozi Okonjo-Iweala: 4 Methods Corrupt Nigerians Use To Steal Nigeria's Money by Nobody: 8:20am On Jan 27, 2016
As Minister of finance what role or roles did you play in blocking this leakages rather than join in stealing us dry. That you served under a govt with overwhelming cases of corruption shows you are a janus-faced personality. I dislike this woman with passion. You can keep your holier than thou gospel for the gullible u choose to hoodwink.
Re: Ngozi Okonjo-Iweala: 4 Methods Corrupt Nigerians Use To Steal Nigeria's Money by stevoskyj(m): 8:25am On Jan 27, 2016
modath:
MAKE I ADD NO 5....

CORRUPTION BY MISREPRESENTATION OF INTENTION : THEFT OF FUNDS MEANT FOR SECURITY IN THE FACE OF TERRORISM .

E.G Dasukigate, wherein a clueless & evil minded Idi Amin C in C claimed he had released funds to secure lives & properties of average Joes & Janes but someway, somehow, such funds waka by themselves into loyalists & cronies account, purely in a bid to to get their support for an undeserved elongation of tenure!!!!
Lmao!!! Babe you sabi book oh.. Where did u say u school again sef!!!
Re: Ngozi Okonjo-Iweala: 4 Methods Corrupt Nigerians Use To Steal Nigeria's Money by CioAngels(f): 8:28am On Jan 27, 2016
Why waited till now? You should have done this before rather than now they are pointing finger at you.
Re: Ngozi Okonjo-Iweala: 4 Methods Corrupt Nigerians Use To Steal Nigeria's Money by KingsleyTMTTM(m): 8:34am On Jan 27, 2016
scammers everywhere
Re: Ngozi Okonjo-Iweala: 4 Methods Corrupt Nigerians Use To Steal Nigeria's Money by 4nobody4every1: 8:43am On Jan 27, 2016
modath:
MAKE I ADD NO 5....

CORRUPTION BY MISREPRESENTATION OF INTENTION : THEFT OF FUNDS MEANT FOR SECURITY IN THE FACE OF TERRORISM .

E.G Dasukigate, wherein a clueless & evil minded Idi Amin C in C claimed he had released funds to secure lives & properties of average Joes & Janes but someway, somehow, such funds waka by themselves into loyalists & cronies account, purely in a bid to to get their support for an undeserved elongation of tenure!!!!
You are right, gbam, gbam, gbam........ cool
Re: Ngozi Okonjo-Iweala: 4 Methods Corrupt Nigerians Use To Steal Nigeria's Money by flokii: 8:45am On Jan 27, 2016
Aufbauh:
This is another academic exercise from one of our high profiled academia who lacks hands-on experience in our terrain.

Her case reminds me of those great philosophers and magicians in the ancient Babylon fruitlessly advising the King then how to turn the fortune of Babylon for good whereas they are also victims of the said harsh environment.
Fortunately one of them spoke to the king that the one who has the capacity and morality to advise on how Babylon can be prosperous should be the man who has made fortune in Babylon, there he suggested Acad the richest man in Babylon.
NOI should know by now that a man can not give what he/she does not have. She should better say that to the marine.
bros... I salute o cheesy

so you sef follow dey Babylon that year.. I no knw say we plenty grin cheesy
Re: Ngozi Okonjo-Iweala: 4 Methods Corrupt Nigerians Use To Steal Nigeria's Money by flokii: 8:52am On Jan 27, 2016
Fabulousfriday5:
You have omitted your owm method of stealing.
na her own method simple pass..

"Diversion of public funds or awarding of contract through a company owned by ones relative"

that Adeola girl for SR sabi table her matter ehnnn... you go hear things like.. madam NOI, upon all d Harvard ehnn, all d phD, world bank etc. cheesy
Re: Ngozi Okonjo-Iweala: 4 Methods Corrupt Nigerians Use To Steal Nigeria's Money by bluecircle470: 9:06am On Jan 27, 2016
Which is d method she used?
Re: Ngozi Okonjo-Iweala: 4 Methods Corrupt Nigerians Use To Steal Nigeria's Money by ak4ac(m): 9:14am On Jan 27, 2016
oga ooo see pot wey dey call kettle BLACK.. .....imaginehuh
Re: Ngozi Okonjo-Iweala: 4 Methods Corrupt Nigerians Use To Steal Nigeria's Money by Nobody: 9:20am On Jan 27, 2016
Nienie:
When I hear the amount of money people stole and are still stealing and will still steal from Nigeria and then look at the country..all I do is just to weep.
I stopped weeping for this country a long time ago. sometimes I wonder where the whole thing went wrong. With all the money we had we couldn't develop this country to world standards.
Re: Ngozi Okonjo-Iweala: 4 Methods Corrupt Nigerians Use To Steal Nigeria's Money by Nienie(f): 9:21am On Jan 27, 2016
dumo1:
I stopped weeping for this country a long time ago. sometimes I wonder where the whole thing went wrong. With all the money we had we couldn't develop this country to world standards.
it's sad
Re: Ngozi Okonjo-Iweala: 4 Methods Corrupt Nigerians Use To Steal Nigeria's Money by Nobody: 9:25am On Jan 27, 2016
God punish that shoeless & clueless Otueke bastard who milked the nation dry with his partners in crime and all those who have been stealing the nation's coffers 4rm time immemorial. I wonder why the world is still celebrating him and giving him awards like what he did was really that big of a deal.
With all fingers pointing at him he should go and hide his head in shame.
I have always said it until Nigeria enforces the law like China that any public official who steals should be shot dead, till then Nigeria would never be great again.
Re: Ngozi Okonjo-Iweala: 4 Methods Corrupt Nigerians Use To Steal Nigeria's Money by castroy76: 9:32am On Jan 27, 2016
This woman is so shameless, no b her fault sha if to say efcc don park am since she no go fit dey talk all dis rubbish.
Re: Ngozi Okonjo-Iweala: 4 Methods Corrupt Nigerians Use To Steal Nigeria's Money by Nobody: 9:33am On Jan 27, 2016
Nienie:
it's sad
I saw old pictures of Nigeria in the 60's & 70's and compared it to the Nigeria of now. Like 7up the difference really is very clear.
Re: Ngozi Okonjo-Iweala: 4 Methods Corrupt Nigerians Use To Steal Nigeria's Money by Nobody: 9:55am On Jan 27, 2016
What of the method u and ur cohorts used in siphoning our money.
Re: Ngozi Okonjo-Iweala: 4 Methods Corrupt Nigerians Use To Steal Nigeria's Money by andyanders: 9:55am On Jan 27, 2016
Why is she coming now to say this since she was part of the corrupt system? She stayed about 8 solid yrs and these issues were going on, as a corrupt free individual, she was supposed to have thrown in the towel by resigning her appointment as a minister. I still believed that if Jonathan was still re-elected, Ngozi would have still remind as a Minister.

She was there as a minister of Finance when Jonathan, herself and Dasuki were disbursing public fund to their friends and she never shouted corruption.

I put it to her that she is as corrupt as the system.She still needs to be called to explain her role with Dasuki who has been or was an ATM to the system.
Re: Ngozi Okonjo-Iweala: 4 Methods Corrupt Nigerians Use To Steal Nigeria's Money by DaV8King(m): 9:57am On Jan 27, 2016
No system is truly corruption free,even EU, US, UK and all have issues with it. Minimizing the impact on the lives of the general populace is the crux of the matter smiley

BLWeb:
I just wonder how we can actually eradicate total corruption from the nigerian system. I just wonder!
Re: Ngozi Okonjo-Iweala: 4 Methods Corrupt Nigerians Use To Steal Nigeria's Money by gfullmoon(m): 10:01am On Jan 27, 2016
No 5
The approval of fund by a finance Minister even when knowing in her best discretion that such fund is earmarked for misappropriation, diversion or embezzlement without stopping it or resigning or raising alarm.
Re: Ngozi Okonjo-Iweala: 4 Methods Corrupt Nigerians Use To Steal Nigeria's Money by ikp120(m): 10:05am On Jan 27, 2016
NobleAngell:
Go on, teach us. But remember to teach us the one you engaged in also.
Please not everyone steals or indulges in greedy and covetous practices. Nigeria is a country where many have come to believe that stealing, cheating and corruption in general is in our bloodstream. But that's not true at all. At least I as a person, at this point in my life, cannot even take what is not meant for my personal use and make personal use of it, talk more of a woman who has enough qualification to work anywhere in the world, (even oil companies will wish to break bank just to hire her). That money was misused by others under your watch does not mean you're corrupt. I believe we all make mistakes. Corruption is deliberate while a mistake or an error is not. Please let's make sound judgment if we want to judge.


I REST MY CASE!
THANK YOU!
Re: Ngozi Okonjo-Iweala: 4 Methods Corrupt Nigerians Use To Steal Nigeria's Money by Nienie(f): 10:13am On Jan 27, 2016
dumo1:
I saw old pictures of Nigeria in the 60's & 70's and compared it to the Nigeria of now. Like 7up the difference really is very clear.
At this rate,it'll still get worse
Re: Ngozi Okonjo-Iweala: 4 Methods Corrupt Nigerians Use To Steal Nigeria's Money by Jok3r(m): 10:24am On Jan 27, 2016
JumiR:
By JUMI RHODES



Former Minister of Finance, Dr. Ngozi Okonjo-Iweala has given an insight into how corrupt leaders have looted Nigeria's treasury over the years. Okonjo-Iweala, who served in the last administration as Coordinating Minister of the Economy, revealed this in her book 'Reforming The Unreformable: Lessons from Nigeria'{originally published in 2012}. As excerpted from the book are 4 methods the former minister reveals leaders and public officials loot Nigeria's money:


CORRUPTION ON A GRAND SCALE: THEFT OF PUBLIC ASSETS BY HIGH PUBLIC OFFICIALS

"On September 15, 2005, Diepreye Alamieyeseigha(now deceased), (then) governor of the Nigerian state of Bayelsa, was who was arrested at London's Heathrow Airport and interrogated on allegations of money laundering by officers of the London Metropolitan Police's Specialist and Economic Crime Unit. From the airport he was taken to his home in the Paddington area of London. A search of the home resulted in the discovery of the equivalent of 920,000 pounds... In all, he was charged with laundering more than 1.8million pounds. He asserted his innocence. He was granted bail, pending trial. He then jumped bail and escaped from the UK disguised as a woman. He fled to Nigeria, where the constitution grants governors, presidents, and vice presidents immunity from prosecution while in office."



CORRUPTION FROM THE TOP: THEFT OF PUBLIC ASSETS BY A FORMER DICTATOR

"In August 2004, authorities in Switzerland accepted the argument of Nigeria's lawyers that an Abachar-run criminal organization existed whose purpose was to engaged in the looting and laundering of Nigerian public funds....In the five years of Abacha's rule, an estimated US$3billion to US$5billion of Nigeria's public assets were looted and sent abroad by Abacha, his family, and their associates. At the upper end of the range, the amount stolen is larger than the 2006 education and health federal budgets combined..


Of the amount stolen, more than US$2.2billion was carted away from the Central Bank of Nigeria in truckloads of cash in the form of foreign currency and travelers checks... Another classic method of corruption practiced by the Abacha criminal organization involved contract inflation. One particularly odious case was a Nigerian Family Support Program contract for Pasteur Merieux vaccines. The US$111 million contract was awarded to Morgan Procurement Ltd, a company belonging to the Abacha family. The true value of the vaccines was US$22.5million."



CORRUPTION FROM WITHIN: CORRUPTION BY FOREIGN COMPANIES AND THEIR DOMESTIC PARTNERS IN CRIME

"Nigeria is replete with accounts of such corrupt and corrupting behavior by foreign companies. Siemens, to its credit, admitted paying 10 million euros to Nigeria government officials between 2001 and 2004 to facilitate contract awards. Sometime in 1994, the TSKJ consortium made a bid to provide services to a US$12 billion LNG gas project in Nigeria. This initial bid was not accepted. ... In December 1995, TSKJ was awarded a US$2billion contract for the Nigerian LNG proect. Years later, evidence was produced that the TSKJ group had internally discussed making payments of about US$180million to various foreign accounts of Nigerian officials to help TSKJ obtain its lucrative contract."



CORRUPTION FROM THE BOTTOM: PRIVATE INTIMIDATION

"A systemic rot has befallen Nigeria's once-solid system of public tertiary education... Tales abound of public health workers asking for under-the-table payments for services and diverting hospital supplies, drugs, and equipment to the privae clinics. Nigeria is bedeviled by very poor provision of public services in education and health, largely because of corruption and undermining of institutions by a small percentage of the population."



http://dawntodusknews.com/ngozi-okonjo-iweala-4-methods-corrupt-nigerians-steal-nigerias-money/
only a thief knows hw to catch anoda tif
Re: Ngozi Okonjo-Iweala: 4 Methods Corrupt Nigerians Use To Steal Nigeria's Money by foriz4u(m): 11:00am On Jan 27, 2016
you being the finance minister and knowing all of these, why didn't you advise Jonathan to probe them. you just kept quite and decided to write a book about it? that won't solve any of the problems you just enlisted.
Re: Ngozi Okonjo-Iweala: 4 Methods Corrupt Nigerians Use To Steal Nigeria's Money by modath(f): 11:07am On Jan 27, 2016
stevoskyj:
Lmao!!! Babe you sabi book oh.. Where did u say u school again sef!!!
Oba Awon Yunifasiti... tongue
Re: Ngozi Okonjo-Iweala: 4 Methods Corrupt Nigerians Use To Steal Nigeria's Money by Dragonking: 11:08am On Jan 27, 2016
dumo1:
God punish that shoeless & clueless Otueke bastard who milked the nation dry with his partners in crime and all those who have been stealing the nation's coffers 4rm time immemorial. I wonder why the world is still celebrating him and giving him awards like what he did was really that big of a deal.
With all fingers pointing at him he should go and hide his head in shame.
I have always said it until Nigeria enforces the law like China that any public official who steals should be shot dead, till then Nigeria would never be great again.
You are nothing but a fo0lish retardd...She mentioned Abacha and how many billions he stole yet you didn't utter a single word about him na GEJ own you carry....Fo0lish souls
Re: Ngozi Okonjo-Iweala: 4 Methods Corrupt Nigerians Use To Steal Nigeria's Money by Abee79(m): 12:08pm On Jan 27, 2016
There is also THEFT BY INACTION:
This where monies are being looted and 'godly' Christians & Muslims in positions of authority pretend they do not know what is happening because they do not want to lose their jobs. They do not resist the evil doers and they do not speak against it. The fact that they did not actually partake in the crime does not make them innocent. They are equally guilty!
Re: Ngozi Okonjo-Iweala: 4 Methods Corrupt Nigerians Use To Steal Nigeria's Money by Misterdhee1(m): 12:12pm On Jan 27, 2016
May God help us sha ..
You can read more about the possible solution to some of our National problems here https://consmess./
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