JPMorgan’s Role in Nigerian Oil Deal Has Come Back To Haunt It - New York Times - Politics (2)

JPMorgan’s Role in Nigerian Oil Deal Has Come Back To Haunt It - New York Times - Politics (2) - Nairaland

Nairaland Forum › Nairaland General › Politics › JPMorgan’s Role in Nigerian Oil Deal Has Come Back To Haunt It - New York Times (20435 Views)

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Re: JPMorgan’s Role in Nigerian Oil Deal Has Come Back To Haunt It - New York Times by JubrinElSudan: 3:18pm On Apr 05, 2019

Re: JPMorgan’s Role in Nigerian Oil Deal Has Come Back To Haunt It - New York Times by jaxxy(m): 3:24pm On Apr 05, 2019

Best practices can not be disputed. Jp feel short if that serveral times bt the govt in question definitely left the bank with very few alternatives.

1 Like

Re: JPMorgan’s Role in Nigerian Oil Deal Has Come Back To Haunt It - New York Times by ADMAF(m): 3:29pm On Apr 05, 2019

chiedu7:
Wetin dey vex me be say,

The Oil dey Niger Delta .

The people wey dey enjoy am dey North.

Another reason why we ďontb belong in Nigeria.

Baba, is Mr Etete from the North? I get r point but even if the positions of the Pet. Minister and that of finance are designated to SS ppl, the resources will still be siphoned. Its a nation wide moral and systemic issue.

1 Like

Re: JPMorgan’s Role in Nigerian Oil Deal Has Come Back To Haunt It - New York Times by Richie0974: 3:31pm On Apr 05, 2019

Saifullah01:

In 2007, though, Mr. Etete was convicted of money laundering in an unrelated case in France, and two oil companies, Royal Dutch Shell and Eni, offered to buy the drilling license. In 2011, they struck a deal to pay the Nigerian government, then led by Goodluck Jonathan, more than $1 billion for the license.

But under the agreement, according to Italian and Dutch prosecutors, most of the money was slated to go to Mr. Etete and Mr. Jonathan’s friends, and not the Nigerian government.

Idiots shouting Abacha everywhere but are too blind to see this part.

7 Likes

Re: JPMorgan’s Role in Nigerian Oil Deal Has Come Back To Haunt It - New York Times by ibietela2(m): 3:33pm On Apr 05, 2019

GavelSlam:
I had no shoes.

Sorry o
So how do you walk?

Re: JPMorgan’s Role in Nigerian Oil Deal Has Come Back To Haunt It - New York Times by GavelSlam: 3:36pm On Apr 05, 2019

ibietela2:
Sorry o
So how do you walk?

I levitate.

Other times I tread on money.

1 Like

Re: JPMorgan’s Role in Nigerian Oil Deal Has Come Back To Haunt It - New York Times by aadoiza: 3:40pm On Apr 05, 2019

Wetin Concern JPMorgan here? JPMorgan was suspicious of the money, and reported to the regulators. Nigerian government should invite that Etete guy and former president GEJ over for a cup of coffee.

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Re: JPMorgan’s Role in Nigerian Oil Deal Has Come Back To Haunt It - New York Times by chiedu7: 3:49pm On Apr 05, 2019

ADMAF:
Baba, is Mr Etete from the North? I get r point but even if the positions of the Pet. Minister and that of finance are designated to SS ppl, the resources will still be siphoned. Its a nation wide moral and systemic issue.

Why must the Niger Delta share its God given wealth?

Why must you be a parasite to the Niger Delta?

Re: JPMorgan’s Role in Nigerian Oil Deal Has Come Back To Haunt It - New York Times by rottennaija(m): 4:03pm On Apr 05, 2019

Ventura1:
It can't be the same Gen. Abacha President Buhari said never looted Nigeria money? Never!

Ignorance truly is bad. Learn to read before commenting

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Re: JPMorgan’s Role in Nigerian Oil Deal Has Come Back To Haunt It - New York Times by abeggnow: 4:04pm On Apr 05, 2019

Ventura1:
It can't be the same Gen. Abacha President Buhari said never looted Nigeria money? Never!

Are you not reading well. the fraud started from Abacha but was highlighted during Jonathans time. this is how our collective wealth is stolen.

3 Likes

Re: JPMorgan’s Role in Nigerian Oil Deal Has Come Back To Haunt It - New York Times by drshrewd: 4:06pm On Apr 05, 2019

Jonathan is the most currupt president that have ever ruled Nigeria! His corruption tendencies are outstandingly legendary. What a weak man with thiefry predilection. He was really in a mission to empty the Nigeria treasury.
What a selfish and dishonourable buffoon.
I spite on his generation

2 Likes 1 Share

Re: JPMorgan’s Role in Nigerian Oil Deal Has Come Back To Haunt It - New York Times by Larryndelaw: 4:17pm On Apr 05, 2019

But under the agreement, according to Italian and Dutch prosecutors, most of the money was slated to go to Mr. Etete and Mr. Jonathan’s friends, and not the Nigerian government.

You see Jona the drunken master

1 Like

Re: JPMorgan’s Role in Nigerian Oil Deal Has Come Back To Haunt It - New York Times by Ubenedictus(m): 4:34pm On Apr 05, 2019

It is clear only 1 person in the first page read the OP.

This shows that Jonathan was a theif who joine Dan Atete in defrauding his country to the tune of $1.1 billion.

Abacha remitted his original sale of $2 million even those it was well under the true vale of the oil well. but Jona sold for $1.1 billion a gave the money to Atete and his friends.

That is a killing.

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Re: JPMorgan’s Role in Nigerian Oil Deal Has Come Back To Haunt It - New York Times by ADMAF(m): 4:38pm On Apr 05, 2019

chiedu7:
Why must the Niger Delta share its God given wealth?

Why must you be a parasite to the Niger Delta?

LOL, this one weak me o. So, let's even say the fed. Govt allows d SS region to keep 100% of its derived resource revenue, do you really think u personally will be better off? Do u think they'll share resource per household? Stop hallucinating

1 Like

Re: JPMorgan’s Role in Nigerian Oil Deal Has Come Back To Haunt It - New York Times by Ubenedictus(m): 4:39pm On Apr 05, 2019

aadoiza:
Wetin Concern JPMorgan here? JPMorgan was suspicious of the money, and reported to the regulators. Nigerian government should invite that Etete guy and former president GEJ over for a cup of coffee.

You no sabi nigeria? when they invite them some people will start shouting witch hunt, maginalisation, islamisation agenda, northern agenda etc? and then they will arm militants to prevent thes thieves from been probed.

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Re: JPMorgan’s Role in Nigerian Oil Deal Has Come Back To Haunt It - New York Times by gabbytabby: 4:57pm On Apr 05, 2019

An account set to up to launder oil licence money and even court grant them okay to transfer after them go say 9ja is fantastically corrupt them nko.

Most of the top corrupt countries are ex UK colonies they learnt from their colonial masters kwo.

2 Likes

Re: JPMorgan’s Role in Nigerian Oil Deal Has Come Back To Haunt It - New York Times by Drakkernoir: 5:11pm On Apr 05, 2019

A lot of clowns on this nairaland just comment without even reading the content...

Is there an award for this FTC thing?

Cos ayam not understanding again.

Little kids everywhere.

2 Likes

Re: JPMorgan’s Role in Nigerian Oil Deal Has Come Back To Haunt It - New York Times by hustler2828: 5:24pm On Apr 05, 2019

Sometimes I wonder if some of you reason with your brains. Yes Sani Abacha was involved in this fraud. But how can a sitting president GEJ sell an oil licence worth billions of dollars for just 2 million dollars? As if that was not enough, the money realized from the deal was never remmited back into the country's account and you guys are ommiting his name and calling buhari and sani abacha thieves who is the bigger thieve here?
This is president that originated from same niger delta for that matter ooo!! He knows exactly what the nigerdeltans are passing through and needed .Honestly speaking no Nigeria president is as wicked and heartless like GEJ. Na only God go purnish GEJ.

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Re: JPMorgan’s Role in Nigerian Oil Deal Has Come Back To Haunt It - New York Times by sapele914(m): 5:30pm On Apr 05, 2019

Ventura1:
It can't be the same Gen. Abacha President Buhari said never looted Nigeria money? Never!

Some people no just get sense of comprehension,the suit is about Jonathan Goodluck and his bunch of thieves. Aiding and abetting criminality,go back and read it again.

2 Likes 1 Share

Re: JPMorgan’s Role in Nigerian Oil Deal Has Come Back To Haunt It - New York Times by sapele914(m): 5:32pm On Apr 05, 2019

hustler2828:
Sometimes I wonder if some of you reason with your brains. Yes Sani Abacha was involved in this fraud. But how can a sitting president GEJ sell an oil licence worth billions of dollars for just 2 million dollars? As if that was not enough, the money realized from the deal was never remmited back into the country's account and you guys are ommiting his name and calling buhari and sani abacha thieves who is the bigger thieve here?
This is president that originated from same niger delta for that matter ooo!! He knows exactly what the nigerdeltans are passing through and needed .Honestly speaking no Nigeria president is as wicked and heartless like GEJ. Na only God go purnish GEJ.

Jehovah bless you,good to know that a few people still get sense for Nigeria.

1 Like 1 Share

Re: JPMorgan’s Role in Nigerian Oil Deal Has Come Back To Haunt It - New York Times by porka: 5:41pm On Apr 05, 2019

hustler2828:
Sometimes I wonder if some of you reason with your brains. Yes Sani Abacha was involved in this fraud. But how can a sitting president GEJ sell an oil licence worth billions of dollars for just 2 million dollars? As if that was not enough, the money realized from the deal was never remmited back into the country's account and you guys are ommiting his name and calling buhari and sani abacha thieves who is the bigger thieve here?
This is president that originated from same niger delta for that matter ooo!! He knows exactly what the nigerdeltans are passing through and needed .Honestly speaking no Nigeria president is as wicked and heartless like GEJ. Na only God go purnish GEJ.

Hello, calm down and read the background to the story before you invoke the spirit of your ancestors in a violent way. It might come back to afflict you.

Google the Malabu Oil Deal and get informed. It is all over the internet.

Make sure you get the right person who sold the license for $2m correctly

You can start from the link below:

Six things to know about the Malabu oil deal

https://www.thecable.ng/six-things-know-malabu-oil-deal/amp

Re: JPMorgan’s Role in Nigerian Oil Deal Has Come Back To Haunt It - New York Times by porka: 5:48pm On Apr 05, 2019

sapele914:
Jehovah bless you,good to know that a few people still get sense for Nigeria.

It is better to verify things than jumping on the bandwagon most times.

That's what wise people do. In the event that some matters are too sophisticated for your understanding, it is not out place to seek clarifications.

Re: JPMorgan’s Role in Nigerian Oil Deal Has Come Back To Haunt It - New York Times by Brightest04(m): 7:00pm On Apr 05, 2019

I begin to wonder which people were in power between 2011-2013 when the said $900 million was extracted by Nigeria government officials. But some south south and southeast dullards who reason with their anus will come here to say something else.

2 Likes

Re: JPMorgan’s Role in Nigerian Oil Deal Has Come Back To Haunt It - New York Times by hustler2828: 7:06pm On Apr 05, 2019

porka:
Hello, calm down and read the background to the story before you invoke the spirit of your ancestors in a violent way. It might come back to afflict you.

Google the Malabu Oil Deal and get informed. It is all over the internet.

Make sure you get the right person who sold the license for $2m correctly

You can start from the link below:

Six things to know about the Malabu oil deal

https://www.thecable.ng/six-things-know-malabu-oil-deal/amp

Yes Abacha did a fraudulent deal , but GEJ perfected the deal. Na him thief even big pass.

Re: JPMorgan’s Role in Nigerian Oil Deal Has Come Back To Haunt It - New York Times by ayosam4real: 7:21pm On Apr 05, 2019

CodeSapien:
so people stole under Abacha but he never stole I am guessing.

Same aiso as poleople stole under GEJ but he never stole. Study the trend of stealing, Abacha, Obj, GEJ,
now Buhari the heads are not corrupt but the ministrers. Hummm, if u know u know

Re: JPMorgan’s Role in Nigerian Oil Deal Has Come Back To Haunt It - New York Times by hustler2828: 7:25pm On Apr 05, 2019

porka:
It is better to verify things than jumping on the bandwagon most times.

That's what wise people do. In the event that some matters are too sophisticated for your understanding, it is not out place to seek clarifications.

Stop this your hypocrisy gospel. Was GEJ part of this fraudulent oil deal? Answer YES or NO and stop forming Mr know it all.

Re: JPMorgan’s Role in Nigerian Oil Deal Has Come Back To Haunt It - New York Times by SEGLIZ: 7:25pm On Apr 05, 2019

"In 2007, though, Mr. Etete was convicted of money laundering in an unrelated case in France, and two oil companies, Royal Dutch Shell and Eni, offered to buy the drilling license. In 2011, they struck a deal to pay the Nigerian government, then led by Goodluck Jonathan, more than $1 billion for the license."

God come to our rescue.

Re: JPMorgan’s Role in Nigerian Oil Deal Has Come Back To Haunt It - New York Times by seunmsg(m): 7:49pm On Apr 05, 2019

Jonathan and his friends stole over a billion dollars and some cretins are here shouting Abacha! :oWtf is wrong with some of you? Then swear for una?

1 Like

Re: JPMorgan’s Role in Nigerian Oil Deal Has Come Back To Haunt It - New York Times by buhariguy(m): 7:51pm On Apr 05, 2019

Ventura1:
It can't be the same Gen. Abacha President Buhari said never looted Nigeria money? Never!

I know you cant settle down to read or comprehend,

in a short LINE from the news,
oil license of ＄1.1b were given to Dan etete for ＄2m by ineffectual buffoon govt.
＄900m were pocket by gej and his gang through the help of JP Morgan.

i hope you understand now.

Re: JPMorgan’s Role in Nigerian Oil Deal Has Come Back To Haunt It - New York Times by buhariguy(m): 7:56pm On Apr 05, 2019

chiedu7:
Why must the Niger Delta share its God given wealth?

Why must you be a parasite to the Niger Delta?

is that the reason ineffectual buffoon and Dan etete Will rob we SS our GOD given resource?

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