Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,158,016 members, 7,835,442 topics. Date: Tuesday, 21 May 2024 at 10:18 AM

Bank And INEC Officials Refund N408.7m - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Bank And INEC Officials Refund N408.7m (20799 Views)

Death Threats For Corpers And INEC Staff Ahead Of Ondo Election (Pic) / Police And INEC Officials Pull Their Shoes Off To Cross Flooded Area In Edo / N23.3billion Bribe: Fidelity Bank, INEC Officials Refund N408.7m (2) (3) (4)

(1) (2) (3) (Reply) (Go Down)

Re: Bank And INEC Officials Refund N408.7m by PFRB: 8:04am On Apr 29, 2016
WHERE IS THE CRIME OR OFFENCE.
Re: Bank And INEC Officials Refund N408.7m by Remii(m): 8:27am On Apr 29, 2016
nnachukz:
Another diversion technique to remove our mind from the failure of this government to protect us. Do your investigation, establish your evidence and then charge the culprit to court, we will hear about it and see them when you convict them. Today it is all about media trial and conviction, only to go to court and pay fine like you did to Secondus.
Who has been convicted after all these media trials.
continue

1 Like

Re: Bank And INEC Officials Refund N408.7m by shamecurls(m): 8:28am On Apr 29, 2016
Israelites call this witch hunting

2 Likes

Re: Bank And INEC Officials Refund N408.7m by Brugo(m): 8:31am On Apr 29, 2016
Another legacy of Jonathan.

2 Likes

Re: Bank And INEC Officials Refund N408.7m by HirstMOG(m): 8:33am On Apr 29, 2016
if this government is truthful and sincere, they should come out and tell us through Buhari how much stolen funds have been returned and the names of the people returning these funds or are they faceless as the acclaimed boko haram sponsors?
Re: Bank And INEC Officials Refund N408.7m by ba7man(m): 8:34am On Apr 29, 2016
ebube89:
http://www.thescoopng.com/wow-yobe-gov-gaidams-adc-paid-n15m-bribe-into-account-of-inec-rec-before-election-efcc-confirms/

wen will buhari probe this.
or is it because it is an apc candidate.
d last time i checked APC matched pdp CASH for CASH
wat was d source of dia campaign funds. or was it manna from heaven
buhari is layin a bad precedence for denocracy.
cos democracy will be a WINNER TAKES ALL now.
2019 election will be "do or die"
cos its obvious winners are saints
and losers are villains

efcc are now tools for witch hunt
we're talking about hundreds of millions of naira, you're talking 15 million naira.

Do you know how to prioritize your life at all to get productive results ? undecided

It's people like this that will encourage prosecuting thieves that stole N2000 but defend thieves that stole N2 billion.

3 Likes

Re: Bank And INEC Officials Refund N408.7m by hatchy(f): 8:35am On Apr 29, 2016
SamuelAnyawu:


EFCC Nigerians need Names please
Must you quote the whole article for you to just write that? Too many kids here.

2 Likes

Re: Bank And INEC Officials Refund N408.7m by akinsbaba2015: 8:35am On Apr 29, 2016
Nigeria must be great again.

1 Like

Re: Bank And INEC Officials Refund N408.7m by Empredboy(m): 8:37am On Apr 29, 2016
SamuelAnyawu:


EFCC Nigerians need Names please
all this names that are been called are what? Answer
Re: Bank And INEC Officials Refund N408.7m by bapullow: 8:38am On Apr 29, 2016
God bless u dude

modath:


Would have solved lots of problems quicker.

This thing called [b]"demOcracy" is real demonstration" of "craze" , it's not for black people, [/b]we don't know how to act right..
Re: Bank And INEC Officials Refund N408.7m by Nobody: 8:40am On Apr 29, 2016
Mustack:
chai another ATM this country is finish... I no no why Buhari no enter as a military man.. all this story for d gods don tire me..
My brother,I asked that question time and again.

1 Like

Re: Bank And INEC Officials Refund N408.7m by kajoula(m): 8:40am On Apr 29, 2016
redsconsult:
Very soon corruption will be a thing of the past.. #istand withbuhari

with the like of TINUBU(jagaban) and AMAECHI......CORRUPTION CAN NEVER BE A THING OF THE PAST ....mark it
[size=18pt]Buhari sef wants oil block........is that not corruption ?[/size]

APC FOOLING NIGERIANS SINCE INCEPTION grin
Re: Bank And INEC Officials Refund N408.7m by Sunnynwa: 8:41am On Apr 29, 2016
GudluckIBB:


Returning the money is better than going to court for now.

Or are you happy that 23B naira of our collective wealth went into private pockets?

Your collective wealth? When did money donated to a presidential campaign by private companies become your collective wealth? Are you a shareholder in any of the companies?

Last time I checked, Bukola Saraki rallied 20bn naira from private business men including Dangote, Otedola and Wale Tinubu for the last presidential election. Who will investigate how those monies were disbursed?

The fight against corruption should be all encompassing and not selective or else a bad precedence would be set.

1 Like

Re: Bank And INEC Officials Refund N408.7m by sapientia(m): 8:42am On Apr 29, 2016
pls... is it Nigerian money or the oil companies money?

what is the crime here... the money or the bribe?
Re: Bank And INEC Officials Refund N408.7m by Nobody: 8:43am On Apr 29, 2016
ba7man:
we're talking about hundreds of millions of naira, you're talking 15 million naira.

Do you know how to prioritize your life at all to get productive results ? undecided

It's people like this that will encourage prosecuting thieves that stole N2000 but defend thieves that stole N2 billion.
Why must you dignify him with a mention?
Just ignore him.

1 Like

Re: Bank And INEC Officials Refund N408.7m by Nobody: 8:48am On Apr 29, 2016
Sunnynwa:


Your collective wealth? When did money donated to a presidential campaign by private companies ve one your collective wealth? Are you a shareholder in any of the companies?

Last time I checked, Bukola Saraki rallied 20bn naira from private business men including Dangote, Otedola and Wale Tinubu. Who will investigate how those monies were disbursed?

The fight against corruption should be all encompassing and not selective or else a bad precedence would be set.
You are just pained for nothing,where is senator saraki now? Or can you call that selective justice again?
As for the other people you mention,instead of making unnecessary noise here,why. don't you forward your evidence to the efcc and see if such individuals will not be investigated?

3 Likes

Re: Bank And INEC Officials Refund N408.7m by ba7man(m): 8:49am On Apr 29, 2016
AntiIPOB:
Why must you dignify him with a mention?
Just ignore him.
Sometimes, they need to be shown their ignorance....... just so that they don't transfer it to other open minds.
Re: Bank And INEC Officials Refund N408.7m by tommykiwi(m): 8:50am On Apr 29, 2016
redsconsult:
Very soon corruption will be a thing of the past.. #istand withbuhari
U alone should stand, where were U when he(Buhari) did a job racket for is relation in CBN? Or U don't see DAT as corruption or what? U guys should use Ur brains!
Re: Bank And INEC Officials Refund N408.7m by Tedoscar: 8:51am On Apr 29, 2016
So EFCC is no longer a toothless bulldog? Good work then... Please don't forget to tell all Nigerians where the recovered money is and how FG intend to spend it when the time comes..

1 Like

Re: Bank And INEC Officials Refund N408.7m by Nobody: 8:52am On Apr 29, 2016
kajoula:


with the like of TINUBU(jagaban) and AMAECHI......CORRUPTION CAN NEVER BE A THING OF THE PAST ....mark it
[size=18pt]Buhari sef wants oil block........is that not corruption ?[/size]

APC FOOLING NIGERIANS SINCE INCEPTION grin
It was your uncle's administration that cleared him of all the corruption charges,pls if you have fresh evidence,you can equally approach justice umar.

2 Likes

Re: Bank And INEC Officials Refund N408.7m by Ijaya123: 8:54am On Apr 29, 2016
nnachukz:
Another diversion technique to remove our mind from the failure of this government to protect us. Do your investigation, establish your evidence and then charge the culprit to court, we will hear about it and see them when you convict them. Today it is all about media trial and conviction, only to go to court and pay fine like you did to Secondus.
Who has been convicted after all these media trials.

Can you tell us the media house where the trial took place?

Honestly, some oppositions has now become sheer foolishness.

1 Like

Re: Bank And INEC Officials Refund N408.7m by rottennaija(m): 8:54am On Apr 29, 2016
redsconsult:
Very soon corruption will be a thing of the past.. #istand withbuhari

Corruption can never be eliminated but people will now be mindful of where they get their money

3 Likes

Re: Bank And INEC Officials Refund N408.7m by iliyande(m): 9:02am On Apr 29, 2016
modath:


Would have solved lots of problems quicker.

This thing called "demOcracy" is real demonstration" of "craze" , it's not for black people, we don't know how to act right..

you are right

to me Democracy to me is not for us the blacks

imagine someone is suffering without food, water, school fees, hospital bills etc but some government officials are busy distributing billions of $ not even N

4 Likes

Re: Bank And INEC Officials Refund N408.7m by horlus(m): 9:02am On Apr 29, 2016
Mustack:
chai another ATM this country is finish... I no no why Buhari no enter as a military man.. all this story for d gods don tire me..

This whole thing would have been a different story.

1 Like

Re: Bank And INEC Officials Refund N408.7m by kajoula(m): 9:04am On Apr 29, 2016
AntiIPOB:
It was your uncle's administration that cleared him of all the corruption charges,pls if you have fresh evidence,you can equally approach justice umar.

NA WHA OOO, WHAT A CUNNY LAW.
Re: Bank And INEC Officials Refund N408.7m by domopps(m): 9:05am On Apr 29, 2016
No wonder autonomous was in reign in the bank!

If only all these funds could be diverted on POWER generation by then GEJ would have been more than hero!





Cheeeeers

1 Like 1 Share

Re: Bank And INEC Officials Refund N408.7m by kanosalami: 9:07am On Apr 29, 2016
odiks:
More arrests are on the way in the probe of the huge cash some oil companies pumped into the failed bid to change the 2015 presidential election results. Some of the cash has been recovered.

The Economic and Financial Crimes Commission (EFCC) has arrested some bankers. It plans to haul in some oil barons who contributed $115m (N23, 299,705,000billion) to bribe some Independent National Electoral Commission (INEC) officials. The officials were to alter the results of the election in which President Muhammadu Buhari, the tehn candidate of the All Progressives Congress (APC) beat then incumbent President Goodluck Jonathan.

The owner of an oil company, Leno Olaitan Adesanya, yesterday reported at the EFCC headquarters in Abuja for interrogation.

He was however asked to go to the commission’s office in Lagos for questioning.

Two others, who have been summoned by the EFCC, were said to have gone underground and incommunicado.

The EFCC has recovered N408.7million from some of the beneficiaries of the slush funds.

Fidelity Bank refunded N49.7million, its profit from the disbursement of the N23.29billion provided by former Minister of Petroleum Resources Mrs. Diezani Alison-Madueke.

Some former and serving INEC officials in Oyo and Ogun states refunded N359millon.

More officials of INEC were said to have rushed to the EFCC to refund the bribe given to them.
The EFCC team has intensified its investigation into the scandal.

It was learnt that besides INEC officials in the 36 states, the EFCC has invited the owners of the oil firms which contributed $88.35million of the $115million sent to Fidelity Bank by the ex-Minister of Petroleum Resources.

One of the four oil firms implicated in the bribery saga has been linked to former Governor of Delta State, who is serving a jail term in the United Kingdom, James Ibori.

It was gathered that the oil companies were mandated by Mrs Alison-Madueke to part with $88.35million as their contribution to Dr. Jonathan’s campaign.
Some of the oil chiefs were shocked by the findings of the EFCC that their donations were deployed in bribing INEC officials, The Nation learnt.

An EFCC source, who spoke in confidence, said:”Our investigation into the N23.29billion bribe has reached a critical stage. Six teams are working round the clock in all the geopolitical zones.

“The top officials of Fidelity Bank in custody have made statements, including the list of all beneficiaries and bank details of payments made to them.

“We are likely to arrest more suspects, especially the oil chiefs who provided about $88.35million of the $115million lodged in Fidelity Bank for conversion to naira.

“One of the clues we are probing is the likelihood of these funds being laundered by the oil firms and their owners.

“If these clues are proven, they may eventually face trial for money laundering. We will surely interact with these oil magnates.

“Some oil companies are under surveillance for their covert operation in diverting taxes and revenue meant for the Federal Government to fund campaigns. You can now understand why some of them were given tax waivers.”

The source added: “One of the oil chiefs, Leno Olaitan Adesanya, reported at the EFCC headquarters in Abuja but he has been directed to go to the Lagos office.

“We are expecting him for grilling on Friday (today). We have invited other oil chiefs but two of them have gone underground. We will fish them out wherever they are.”
Fidelity Bank and some former and serving officials of INEC have refunded about N408.7million to the EFCC.
While the bank refunded N49.7million, some former and serving INEC officials in Oyo and Ogun states paid back N359millon

A top EFCC source said: “While scrutinizing their records, we discovered that Fidelity Bank made a profit of N49.7million from the disbursement transactions made in all its branches nationwide. The management of the bank on Thursday refunded the profit while we are continuing investigation on other funds.

“Some former and serving INEC officials in Oyo and Ogun have paid back N359million to EFCC. What happened was that while N802m was voted for bribery of INEC officials and NGOs in Oyo State to change presidential poll results, about N629m was dished out in Ogun State,

“But some of these beneficiaries in Oyo and Ogun were suspicious of the sources of the funds. They cooperated and went to the designated Fidelity Bank branches and collected the cash. Instead of spending it, they sought the service of lawyers who advised them to open accounts to keep the cash in case there are issues in the future.

“When this matter came up, the lawyers assisted in locating the funds and the N359million was refunded.

“We are working on other beneficiaries to recover the slush funds.”

http://thenationonlineng.net/n23-3b-bribe-bank-inec-officials-refund-n408-7m/
fabricated lies
Re: Bank And INEC Officials Refund N408.7m by greatiyk4u(m): 9:08am On Apr 29, 2016
nnachukz:
Another diversion technique to remove our mind from the failure of this government to protect us. Do your investigation, establish your evidence and then charge the culprit to court, we will hear about it and see them when you convict them. Today it is all about media trial and conviction, only to go to court and pay fine like you did to Secondus.
Who has been convicted after all these media trials.

Blame the media, though that is the only way they survive in business.
Re: Bank And INEC Officials Refund N408.7m by iliyande(m): 9:15am On Apr 29, 2016
sapientia:
pls... is it Nigerian money or the oil companies money?

what is the crime here... the money or the bribe?

Some former and serving INEC officials in Oyo and Ogun states refunded N359millon.

More officials of INEC were said to have rushed to the EFCC to refund the bribe given to them.
The EFCC team has intensified its investigation into the scandal.

It was learnt that besides INEC officials in the 36 states, the EFCC has invited the owners of the oil firms which contributed $88.35million of the $115million sent to Fidelity Bank by the ex-Minister of Petroleum Resources.
Re: Bank And INEC Officials Refund N408.7m by alizma: 9:16am On Apr 29, 2016
Fidelity bank don finally nail Allison. there will be no saying that there was no such transactions since Fidelity Bank has agreed to have made profit from it and even return the profit it made from the transaction.
Wailers should we call this another witch hunt?

1 Like

Re: Bank And INEC Officials Refund N408.7m by Paschal55(m): 9:19am On Apr 29, 2016
And we still wanna borrow $2b from Chinese Government... Owkbye...
Re: Bank And INEC Officials Refund N408.7m by Deen77: 9:24am On Apr 29, 2016
nnachukz:
Another diversion technique to remove our mind from the failure of this government to protect us. Do your investigation, establish your evidence and then charge the culprit to court, we will hear about it and see them when you convict them. Today it is all about media trial and conviction, only to go to court and pay fine like you did to Secondus.
Who has been convicted after all these media trials.

Corruption is the failure of today if you don't know, if Nigeria had been refining petroleum products locally do you think we will be facing the problem we are facing today.

Please don't plan your future, many that failed to do so are regretting today.

3 Likes 1 Share

(1) (2) (3) (Reply)

Ekiti 2018: Fayemi Declares, Says APC Will Defeat, Jail Fayose / APC Governorship Aspirants Attend Screening Exercise / Ondo 2020: Sanwo-Olu Campaigns For Akeredolu In Okitipupa

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 53
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.