Before the internet fraud AKA yahoo yahoo came to existence in Nigeria. Nwaude had committed one of the biggest scams in the world history. His scam was the third largest banking scam in the world.


The question remains how was he able to carry out this huge scams to convince Nelson Sakaguchi who was a bank director to part with so much money for the purchase of an Airport? It happens that nwaude was a former union bank of Nigeria director and he gain a lot of connections from there. He impersonated the then governor of the Central Bank of Nigeria, Paul Ogwuma, and connected with Sakaguchi informing him of a mouth-watering deal of Nigeria’s plan to build an airport in Abuja.

Nwude, pretending to be the Central Bank of Nigeria governor, told Sakaguchi that he stood of chance of pocketing $10 million commission when the deal passed through. Sakaguchi paid $191 million in cash and the remainder in the form of outstanding interest.

Nwude’s accomplices were Emmanuel Ofolue, Nzeribe Okoli, and Obum Osakwe, along with the husband and wife duo, Christian Ikechukwu Anajemba and Amaka Anajemba, with Christian later being assassinated. The criminal gang was able to convince the director of the Brazilian bank to part with the money. How did Sakaguchi find out he was a victim of one of the largest scam in the world? In 1997, the Spanish Banco Santander wanted to take over the Banco Noroeste and a joint board meeting was held in December of that year. Officials of the Spanish bank noted that half of the Brazilian bank’s capital was at Cayman Islands unmonitored. This raised questions as this was two-fifths of Noroeste’s total value. Investigation began and was carried out in Brazil, Britain, Nigeria, Switzerland, and the United States. Although the sale of the Bank still went on as the owners of the bank paid $242 million bill, the nak still collapsed in 2001. The birth of the EFCC In 2002, the then president, Olusegun Obasanjo saw to the establishment of an anti-graft agency, the Economic and Financial Crimes Commission (EFCC). Nwude’s fraud case one of the first to be investigated and in 2004, all members of the gang were arraigned before an
http://okoroblog.com/meet-emmanuel-nwaude-who-carried-out-the-biggest-scam-in-nigerian-history/

HE DID NOT EVEN USE LAPTOP OR ANY TECHNOLOGY LIKE THE CURRENT YAHOO BOYS.

HE WAS SO TALENTED

He is a genius.

Why give Abagana a bad name like this eh?

Dat Wat it called, u er in dier

NAIJA IS FUL OF TALENTS

yaho yaho started before i was born

okoroblog:
yaho yaho started before i was born

You no know before?

Na fax machine they dey use do scam then

yaho yaho in africa

NIJA IS FULL OF SCAMERS

Nightmareo07:

Naija for life

Not worth glorifying one bit...

click on my signature to find out why...

He is the greatest ecer

YAHOO HAS BEEN OF OLD

That is rubish

BUT HE WAS THE GREATEST SCAMER IN THE NIGERIAN HISTORY

Nnejijohn:
That is rubish

emma the greatest scammer

he is the father of all scammers in nigeria

Nawa o

SCAMMERS

SCAMMERS IN NAIJA

the greatest scammer

SCAMMERS

yaho yahoo

yahoo yahoo is the greatest

Baba

baba yahoo