₦airaland Forum

the more you look, the less you see!

Positivepoint:
Most of the recovered loots are on temporary forfeiture awaiting legal conclusion. in lay mans term they are frozen funds even govt cant touch it until it is legal to do so. The govt are trying to establish a special court to fast track the process.

bros if anybody has any record of pmb corruption why cant they make it public? with the so much hate flying u should start wondering why arent any evidence of corruption against MR PMB available. The truth is they only hate him coz he aint like them and he aint gonna allow them treat nigerian resources as personal.


2019 is the final battle of the control of the soul of nigeria. The greatest battle of all time

ahaha, can I ask you smthing, DO you have any evidence of corruption against GEJ??

912:
Baseless argument. With respects to the maintenance of the country's foreign reserves, the last government failed woefully.

ahaha you lot seize to amaze me, who are the last FG plz, name who was not in power then and is in power now ahah
ZoneB is a crime against humanity I swear down.

miiraaj:
Present your facts or you shut the hell up...

which FACTS? was there anytime Nigerians had FACTS? do you have facts of any type as we speak or you just took overdose of ZoneB pills.

erico2k2:
which FACTS? was there anytime Nigerians had FACTS? do you have facts of any type as we speak or you just took overdose of ZoneB pills.

You don't believe in facts and you want to be taken seriously?

Oga, pass. I don give you road.

Acjohn:
CBN Governor is trying his best. That man was never at fault so don't blame him. This only dropped because Buhari withdrew so much money to appease the senators and placate members from leaving APC which was utter failure.

you ask me what's my source?
A wise man said when a which cries out at night and a baby dies in the morning waste not your time looking for the cause of death.
But it's funny that the old man sees no corruption in that.
That's why I keep saying that in Nigria it's those in power that defines the meaning of corruption and not the dictionary.

Very bad english

miiraaj:
You don't believe in facts and you want to be taken seriously?

Oga, pass. I don give you road.

I believe in facts, I live in a country where we have some, but in Nigeria there is nothing like FACTS.so the fact is there is no FACTS.

erico2k2:
ahaha, can I ask you smthing, DO you have any evidence of corruption against GEJ??

yeap a big one, malabu oil deal

Positivepoint:
yeap a big one, malabu oil deal

That's a statement, where are your facts??

erico2k2:
That's a statement, where are your facts??

oil deal
Italian investigators: Jonathan, Diezani got $466m bribe in Malabu oil deal
January 10
06:59
2017
�by News Agency
 0 Comments
Advertisement


Goodluck Jonathan, former Nigerian president, and Diezani Alison-Madueke, immediate past petroleum minister, were allegedly given bribes in the $1.3 billion deal involving ENI and Royal Dutch Shell.

Jonathan, Alison-Madueke, and other government officials benefitted from a sum of $466m which was converted into naira, Italian prosecutors say.

According to the News Agency of Nigeria, a report by AFP claims that Jonathan and Diezani were prominent figures in the deal, which saw ENI and Shell make a $1.3 billion payment in 2011 for an offshore oil block in Nigeria.

Court documents filed December 2016 in Milan outline a case against 11 people, including senior executives from Eni and Shell as well as the companies themselves.

Claudio Descalzi, ENI chief executive and his predecessor Paolo Scaroni, were said to have met with Jonathan to thrash out the deal “in person”.

The prosecutors allege that ENI and Shell executives worked with Dan Etete, the oil minister during the military administration of Sani Abacha.

According to the court documents, Etete’s company, Malabu Oil & Gas, was the “fraudulent holder” of the OPL 245 block.

The block was illegally acquired by the oil companies in contravention of domestic laws, “without competitive tendering” and with “full, unconditional exemption from all national taxes”, prosecutors said.

$801.5 million was allegedly transferred to Etete’s Malabu accounts while $54 million was said to have been withdrawn by Abubakar Aliyu, who was described as an “agent” of Jonathan.

The prosecutors added that beneficiaries of the money went on a shopping spree buying “property, aeroplanes, armoured cars”.

Both multinational oil companies have denied any wrongdoing.

“We are aware of the investigation and we hope to show the prosecutor that there is no basis to prosecute Shell. Shell takes this matter seriously and is co-operating with the authorities,” Shell said in an email to AFP.

The Economic and Financial Crimes Commission (EFCC) was reported to have recently pressed charges in connection with the same oil block deal.

Wilson Uwujaren, EFCC spokesman, was quoted to have told AFP that charges were “filed towards the end of last year”.

Alison-Madueke was only last week compelled by a federal high court in Lagos to temporary forfeit $153 million that was allegedly stolen from state coffers.

In 2015, she was arrested by Britain’s National Crime Agency on suspicion of bribery and money laundering.

https://www.thecable.ng/jonathan-diezani-bribed-466m-malabu-oil-deal

Positivepoint:
oil deal
Italian investigators: Jonathan, Diezani got $466m bribe in Malabu oil deal
January 10
06:59
2017
�by News Agency
 0 Comments
Advertisement


Goodluck Jonathan, former Nigerian president, and Diezani Alison-Madueke, immediate past petroleum minister, were allegedly given bribes in the $1.3 billion deal involving ENI and Royal Dutch Shell.

Jonathan, Alison-Madueke, and other government officials benefitted from a sum of $466m which was converted into naira, Italian prosecutors say.

According to the News Agency of Nigeria, a report by AFP claims that Jonathan and Diezani were prominent figures in the deal, which saw ENI and Shell make a $1.3 billion payment in 2011 for an offshore oil block in Nigeria.

Court documents filed December 2016 in Milan outline a case against 11 people, including senior executives from Eni and Shell as well as the companies themselves.

Claudio Descalzi, ENI chief executive and his predecessor Paolo Scaroni, were said to have met with Jonathan to thrash out the deal “in person”.

The prosecutors allege that ENI and Shell executives worked with Dan Etete, the oil minister during the military administration of Sani Abacha.

According to the court documents, Etete’s company, Malabu Oil & Gas, was the “fraudulent holder” of the OPL 245 block.

The block was illegally acquired by the oil companies in contravention of domestic laws, “without competitive tendering” and with “full, unconditional exemption from all national taxes”, prosecutors said.

$801.5 million was allegedly transferred to Etete’s Malabu accounts while $54 million was said to have been withdrawn by Abubakar Aliyu, who was described as an “agent” of Jonathan.

The prosecutors added that beneficiaries of the money went on a shopping spree buying “property, aeroplanes, armoured cars”.

Both multinational oil companies have denied any wrongdoing.

“We are aware of the investigation and we hope to show the prosecutor that there is no basis to prosecute Shell. Shell takes this matter seriously and is co-operating with the authorities,” Shell said in an email to AFP.

The Economic and Financial Crimes Commission (EFCC) was reported to have recently pressed charges in connection with the same oil block deal.

Wilson Uwujaren, EFCC spokesman, was quoted to have told AFP that charges were “filed towards the end of last year”.

Alison-Madueke was only last week compelled by a federal high court in Lagos to temporary forfeit $153 million that was allegedly stolen from state coffers.

In 2015, she was arrested by Britain’s National Crime Agency on suspicion of bribery and money laundering.

https://www.thecable.ng/jonathan-diezani-bribed-466m-malabu-oil-deal

Seriously is this what you call FACTS

erico2k2:
That's a statement, where are your facts??

☰
Italian investigators: Jonathan, Diezani got $466m bribe in Malabu oil deal
Italian investigators: Jonathan, Diezani got $466m bribe in Malabu oil deal
January 10
06:59
2017
�by News Agency
 0 Comments
Facebook207TwitterTelegramCopy LinkWhatsAppMore26
Advertisement


Goodluck Jonathan, former Nigerian president, and Diezani Alison-Madueke, immediate past petroleum minister, were allegedly given bribes in the $1.3 billion deal involving ENI and Royal Dutch Shell.

Jonathan, Alison-Madueke, and other government officials benefitted from a sum of $466m which was converted into naira, Italian prosecutors say.

According to the News Agency of Nigeria, a report by AFP claims that Jonathan and Diezani were prominent figures in the deal, which saw ENI and Shell make a $1.3 billion payment in 2011 for an offshore oil block in Nigeria.

Court documents filed December 2016 in Milan outline a case against 11 people, including senior executives from Eni and Shell as well as the companies themselves.

Claudio Descalzi, ENI chief executive and his predecessor Paolo Scaroni, were said to have met with Jonathan to thrash out the deal “in person”.

The prosecutors allege that ENI and Shell executives worked with Dan Etete, the oil minister during the military administration of Sani Abacha.

According to the court documents, Etete’s company, Malabu Oil & Gas, was the “fraudulent holder” of the OPL 245 block.

The block was illegally acquired by the oil companies in contravention of domestic laws, “without competitive tendering” and with “full, unconditional exemption from all national taxes”, prosecutors said.

$801.5 million was allegedly transferred to Etete’s Malabu accounts while $54 million was said to have been withdrawn by Abubakar Aliyu, who was described as an “agent” of Jonathan.

The prosecutors added that beneficiaries of the money went on a shopping spree buying “property, aeroplanes, armoured cars”.

Both multinational oil companies have denied any wrongdoing.

“We are aware of the investigation and we hope to show the prosecutor that there is no basis to prosecute Shell. Shell takes this matter seriously and is co-operating with the authorities,” Shell said in an email to AFP.

The Economic and Financial Crimes Commission (EFCC) was reported to have recently pressed charges in connection with the same oil block deal.

Wilson Uwujaren, EFCC spokesman, was quoted to have told AFP that charges were “filed towards the end of last year”.

Alison-Madueke was only last week compelled by a federal high court in Lagos to temporary forfeit $153 million that was allegedly stolen from state coffers.

In 2015, she was arrested by Britain’s National Crime Agency on suspicion of bribery and money laundering.

https://www.thecable.ng/jonathan-diezani-bribed-466m-malabu-oil-deal

erico2k2:
Seriously is this what you call FACTS

well yes.

Positivepoint:
☰
Italian investigators: Jonathan, Diezani got $466m bribe in Malabu oil deal
Italian investigators: Jonathan, Diezani got $466m bribe in Malabu oil deal
January 10
06:59
2017
�by News Agency
 0 Comments
Facebook207TwitterTelegramCopy LinkWhatsAppMore26
Advertisement


Goodluck Jonathan, former Nigerian president, and Diezani Alison-Madueke, immediate past petroleum minister, were allegedly given bribes in the $1.3 billion deal involving ENI and Royal Dutch Shell.

Jonathan, Alison-Madueke, and other government officials benefitted from a sum of $466m which was converted into naira, Italian prosecutors say.

According to the News Agency of Nigeria, a report by AFP claims that Jonathan and Diezani were prominent figures in the deal, which saw ENI and Shell make a $1.3 billion payment in 2011 for an offshore oil block in Nigeria.

Court documents filed December 2016 in Milan outline a case against 11 people, including senior executives from Eni and Shell as well as the companies themselves.

Claudio Descalzi, ENI chief executive and his predecessor Paolo Scaroni, were said to have met with Jonathan to thrash out the deal “in person”.

The prosecutors allege that ENI and Shell executives worked with Dan Etete, the oil minister during the military administration of Sani Abacha.

According to the court documents, Etete’s company, Malabu Oil & Gas, was the “fraudulent holder” of the OPL 245 block.

The block was illegally acquired by the oil companies in contravention of domestic laws, “without competitive tendering” and with “full, unconditional exemption from all national taxes”, prosecutors said.

$801.5 million was allegedly transferred to Etete’s Malabu accounts while $54 million was said to have been withdrawn by Abubakar Aliyu, who was described as an “agent” of Jonathan.

The prosecutors added that beneficiaries of the money went on a shopping spree buying “property, aeroplanes, armoured cars”.

Both multinational oil companies have denied any wrongdoing.

“We are aware of the investigation and we hope to show the prosecutor that there is no basis to prosecute Shell. Shell takes this matter seriously and is co-operating with the authorities,” Shell said in an email to AFP.

The Economic and Financial Crimes Commission (EFCC) was reported to have recently pressed charges in connection with the same oil block deal.

Wilson Uwujaren, EFCC spokesman, was quoted to have told AFP that charges were “filed towards the end of last year”.

Alison-Madueke was only last week compelled by a federal high court in Lagos to temporary forfeit $153 million that was allegedly stolen from state coffers.

In 2015, she was arrested by Britain’s National Crime Agency on suspicion of bribery and money laundering.

https://www.thecable.ng/jonathan-diezani-bribed-466m-malabu-oil-deal

Check the bolded, it says Alleged, how the hell is this FACTS.

Positivepoint:
well yes.

so something alleged is FACTS right

erico2k2:
so something alleged is FACTS right

well yes except proven wrong.

Positivepoint:
well yes except proven wrong.

Nop these are allegations, these are not FACTS.FACTS are what the court needs to nail you.
The way the Nigerian system is structured ensures the FACTS lays hidden from the citizens, this is our politicians and leaders keep a firm grip on leadership. The FACTS in this case would be hard copy evidence of which no publication has.IM not saying them lot are innocent but there is no FACTs.

erico2k2:
ahaha you lot seize to amaze me, who are the last FG plz, name who was not in power then and is in power now ahah
ZoneB is a crime against humanity I swear down.

learn to argue with valid points and not insults. it only makes you seem small-minded and uneducated. let me list those that were in last government that are not in current government since you are too blinded by prejudice that you can't see the truth: Jonathan, Sambo, Finance Minister- Okonjo-Iweala, former Senate president David mark. Those are the people directly responsible for making decisions and giving approvals for maintaining the foreign reserves.

objobj:
Very bad english

Mr Leshura fleas mark and post the kwarec one

912:
learn to argue with valid points and not insults. it only makes you seem small-minded and uneducated. let me list those that were in last government that are not in current government since you are too blinded by prejudice that you can't see the truth: Jonathan, Sambo, Finance Minister- Okonjo-Iweala, former Senate president David mark. Those are the people directly responsible for making decisions and giving approvals for maintaining the foreign reserves.

Nah that that don't work well when it comes to arguing with ZoneB, you need to drill it in like skull minning

E don start. Election things. Oil is at it's highest but money dey reduce

Acjohn:
CBN Governor is trying his best. That man was never at fault so don't blame him. This only dropped because Buhari withdrew so much money to appease the senators and placate members from leaving APC which was utter failure.

you ask me what's my source?
A wise man said when a which cries out at night and a baby dies in the morning waste not your time looking for the cause of death.
But it's funny that the old man sees no corruption in that.
That's why I keep saying that in Nigeria it's those in power that defines the meaning of corruption and not the dictionary.

Why peddle lies smh
Where did u get that trash from

erico2k2:
Nah that that don't work well when it comes to arguing with ZoneB, you need to drill it in like skull minning

Okay, but at least learn to speak English first so people don't die of headache just trying to understand you. Or is stupidity another strategy of yours?

912:
Okay, but at least learn to speak English first so people don't die of headache just trying to understand you. Or is stupidity another straight of yours?

I dont care if U cant understand my English, in as much as the message get accross,Im game, U can go hung transformer for all I care.who ur English epp

erico2k2:
I dont care if U cant understand my English, in as much as the message get accross,Im game, U can go hung transformer for all I care.who ur English epp

Oh my! He returns with more. Money spent on education has gone down the drain.

912:
Oh my! He returns with more. Money spent on education has gone down the drain.

See dis o ne wey go akara school dey form online teacher,ahahah chk yourself and how your life is right about this morning
who wrote this then?
https://www.nairaland.com/912/what-change-another-life
ITK, look dumb entity, just go and hide your undeserved life somewhere the sun dont shine.

erico2k2:
See dis o ne wey go akara school dey form online teacher,ahahah chk yourself and how your life is right about this morning
who wrote this then?
https://www.nairaland.com/912/what-change-another-life
ITK, look dumb entity, just go and hide your undeserved life somewhere the sun dont shine.

Oh you can't even copy links properly smh. Your link leads to a 2005 thread that has no bearing on anything meaningful. I'm forced to ask, what on earth do you manage to do right?

912:
Oh you can't even copy links properly smh. Your link leads to a 2005 thread that has no bearing on anything meaningful. I'm forced to ask, what on earth do you manage to do right?

No the link shows you typing in gibrish not so correct English that you on here was trying very hard to potray as low standard of education.oh you missed the rubish English you tped there right?

912:
Oh you can't even copy links properly smh. Your link leads to a 2005 thread that has no bearing on anything meaningful. I'm forced to ask, what on earth do you manage to do right?

kia so this small thing I dig out pain U reach sotey you delete all your past post? ahahah forget say we fit snap am,

erico2k2:
No the link shows you typing in gibrish not so correct English that you on here was trying very hard to potray as low standard of education.oh you missed the rubish English you tped there right?

do you see how pathetic you are right now? You couldn't even post a link correctly, you can't string two sentences together without sounding uneducated, your recollections of who was in government is horrible and you descend to insults once your very low IQ fails you (which I'm guessing is quite often).
Well Eric, it's obvious you are one of the brainwashed chest-beating low lives that get their news from beer parlours

912:
do you see how pathetic you are right now? You couldn't even post a link correctly, you can't string two sentences together without sounding uneducated, your recollections of who was in government is horrible and you descend to insults once your very low IQ fails you (which I'm guessing is quite often).
Well Eric, it's obvious you are one of the brainwashed chest-beating low lives that get their news from beer parlours

Mu Mu 1st my name is not Eric, 2nd we do not have beer parlour in the UK, you are still filled with ZoneB pill U took, now get outta my mention B4 I sink u into more depression,Ur mumu get CV

erico2k2:
Mu Mu 1st my name is not Eric, 2nd we do not have beer parlour in the UK, you are still filled with ZoneB pill U took, now get outta my mention B4 I sink u into more depression,Ur mumu get CV

Hahahahhahahaha joke of the century....if you want to lie you have to make effort for it to be believable....

UK ko KU ni.....hahaha is UK now a village in imo state lwkmd it's not only UK