₦airaland Forum

doctokwus:
There is no single appointee of President Buhari with the president and his vice,that doesn't have a past or present,openly documented corrupt deed hanging on his/her neck.
This is by far the most corrupt government ever elected and assembled in Nigeria.

OAUTemitayo:
Your objectivity has gone to the winds.
You are now a shadow of your former self.
I am still wondering how you turned from an apt and objective personality to one with so much hate and vile.
How the mighty has fallen.

doctokwus:
There is no single appointee of President Buhari with the president and his vice,that doesn't have a past or present,openly documented corrupt deed hanging on his/her neck.
This is by far the most corrupt government ever elected and assembled in Nigeria.

doctokwus:
There is no single appointee of President Buhari with the president and his vice,that doesn't have a past or present,openly documented corrupt deed hanging on his/her neck.
This is by far the most corrupt government ever elected and assembled in Nigeria.

ba7man:
It seems you don't know how to prioritise your life.

They're investigating a $2 billion fraud you're talking about $5 million.

OAUTemitayo:
Your objectivity has gone to the winds.
You are now a shadow of your former self.
I am still wondering how you turned from an apt and objective personality to one with so much hate and vile.
How the mighty has fallen. His view to me is myopic and too subjective ..because one or two people messed up therefore he concluded that all were bad...

SarkinYarki:
So because he laid the bare facts his objectivity has gone with the winds? So he should behave like you and your wicked ilk and pretend all is well with Buhari govt and pretend Buhari is not sponsoring terrorist against innocent people of Nigeria , pretend that the economy is in great shape and corruption has been eliminated , pretend that Buhari is the best leader ever ko .. Look ate your self in the mirror and you will see a picture of a hypocrite.

brenister10:
OAU temitayo, you're a disgrace to the name you carry. OAU is known for its zero tolerance for corruption. With people like you in Nigeria, the country's golgotha is just a stone throw away

doctokwus:
There is no single appointee of President Buhari with the president and his vice,that doesn't have a past or present,openly documented corrupt deed hanging on his/her neck.
This is by far the most corrupt government ever elected and assembled in Nigeria.

brenister10:
OAU temitayo, you're a disgrace to the name you carry. OAU is known for its zero tolerance for corruption. With people like you in Nigeria, the country's golgotha is just a stone throw away

post=79932137:
Mr Diamond?
Let us find out who he is already!


If you used that time you are using to ponder about posts to start thinking about your life.
we guess your parent will be proud of you in their old age.
Instead of just sitting at home eating mom's food day and night.
How does their posts affect your misery in life?
Rise up and work kid.
Make your parent proud of you in life.
Stop being a disappointment in life........Always!
Mr ponder Ekamba!
Some people no go just lie down for their mat for village quietly sha!

doctokwus:
There is no single appointee of President Buhari with the president and his vice,that doesn't have a past or present,openly documented corrupt deed hanging on his/her neck.
This is by far the most corrupt government ever elected and assembled in Nigeria.

SarkinYarki:
So because he laid the bare facts his objectivity has gone with the winds? So he should behave like you and your wicked ilk and pretend all is well with Buhari govt and pretend Buhari is not sponsoring terrorist against innocent people of Nigeria , pretend that the economy is in great shape and corruption has been eliminated , pretend that Buhari is the best leader ever ko .. Look ate your self in the mirror and you will see a picture of a hypocrite.

Okoyeebo:
Do you have information?
Write a petition and stop asking senseless questions here.

doctokwus:
There is no single appointee of President Buhari with the president and his vice,that doesn't have a past or present,openly documented corrupt deed hanging on his/her neck.
This is by far the most corrupt government ever elected and assembled in Nigeria.

mysidechick:
The Federal Government has begun interrogation of those implicated in the alleged fraud that left over 65,000 Nigerian shareholders losing two billion dollars worth of shares.

According to NAN, those invited for interrogation were former minister of Budget and National Planning, Sen. Udo Udoma and his counterpart in the Ministry of Trade and Investment, Okechukwu Enelamah.

Chukwuemeka Obasi, the legal representative of a whistle-blower, disclosed this to newsmen on Wednesday in Abuja.

Obasi said that the General Managing Director of Union Bank Nig Plc, Mr Emeka Emuwa was also questioned.

According to him, the various representatives of all private and public institutions linked with the fraud were also invited and quizzed.
Obasi said the establishments mentioned in the petition included the Chapel Hill, National Security Exchange (NSE), Security Exchange Commission (SEC) and the Central Bank of Nigeria (CBN).

The interrogation hinged on a petition reporting the alleged fraud submitted to the Attorney-General of the Federation, Mr Abubakar Malami, SAN, dated April 3, 2019.

The petition is titled “Official corruption, misuse of FGN USD two billion, fraud and unjust enrichment of persons who dispossessed more than 65,000 Nigerians and conferred ownership of the Bank on few Nigerians and their foreign accomplices’’.
The petition did finger former Central Bank Governor, the Emir of Kano, Alhaji Sanusi Lamido Sanusi II, under whose watch the alleged fraud was perpetuated.

Also accused of alleged complexities in the transactions were the two former ministers.

Enelamah was particularly fingered as the mastermind of the transaction by allegedly leading Africa Capital Alliance to form the Mauritius shell company to house Nigerians pretending to be foreign investors.

The transactions allegedly dispossessed Nigerian shareholders and investors in order to transfer ownership of the bank to a few persons including insiders, chieftains of competitor banks and others who would not pass CBN’s “fit and proper’’ test for bank ownership.

The petition claimed that Enelamah allegedly organised the registration of the offshore shell company in Mauritius called Union Global Partners Limited for the purpose of disguising the true majority ownership of Union Bank shares concealed in the offshore company.

The petition also alleged that the transactions commenced under Udoma’s supervision as Chairman of Security and Exchange Commission and sealed up when he became the Chairman of Union Bank of Nigeria Plc.

“The circumstances can best be described as official corruption and insider trading’’, the petition alleged.

The petition further alleged that Udoma and other officials illicitly granted a renewable five-year waiver to Union Bank of Nigeria to remain listed on the exchange in spite of being owned by a few private equity firms till today.

According to the petition, the alleged unlawful action is to ensure the more than 65,000 Nigeria former shareholders whose shares were diluted from 85 per cent to less than 15 per cent of public float to still be listed on Nigerian Stock Exchange (NSE).

“It is to be recalled that 49% shares of Union Bank of Nigeria plc is now majority owned and controlled by London listed Atlas Mara, the investment company led by Robert Diamond Jr.

“Mr Diamond is a former Chief Executive Officer of Barclays Bank who was sacked for his involvement in manipulating Libor.

“Not only is Mr Diamond not a fit and proper person to own a bank according to the rules of Nigeria, he had also been blacklisted by the Bank of England as a result of the Libor manipulation.

“One wonders how the former CBN Governor, Sanusi Lamido Sanusi authorised the Union Bank change of ownership transaction and bridged it with USD two billion national patrimony, in spite of glaring evidence of fraud and the nature of the ultimate foreign owner who was already known and waiting in the wings.


https://www.google.com/amp/s/dailypost.ng/2019/07/04/fg-commences-investigation-two-ex-minister-billions-dollars/amp/

2mch:
What about Ganduje

asanwafo:
Gaduje has immunity. U only talk cos others are talking

post=79932114:
WAY TO GO........
Perhaps we will get our money back.

doctokwus:
There is no single appointee of President Buhari with the president and his vice,that doesn't have a past or present,openly documented corrupt deed hanging on his/her neck.
This is by far the most corrupt government ever elected and assembled in Nigeria.

mysidechick:
The Federal Government has begun interrogation of those implicated in the alleged fraud that left over 65,000 Nigerian shareholders losing two billion dollars worth of shares.

According to NAN, those invited for interrogation were former minister of Budget and National Planning, Sen. Udo Udoma and his counterpart in the Ministry of Trade and Investment, Okechukwu Enelamah.

Chukwuemeka Obasi, the legal representative of a whistle-blower, disclosed this to newsmen on Wednesday in Abuja.

Obasi said that the General Managing Director of Union Bank Nig Plc, Mr Emeka Emuwa was also questioned.

According to him, the various representatives of all private and public institutions linked with the fraud were also invited and quizzed.
Obasi said the establishments mentioned in the petition included the Chapel Hill, National Security Exchange (NSE), Security Exchange Commission (SEC) and the Central Bank of Nigeria (CBN).

The interrogation hinged on a petition reporting the alleged fraud submitted to the Attorney-General of the Federation, Mr Abubakar Malami, SAN, dated April 3, 2019.

The petition is titled “Official corruption, misuse of FGN USD two billion, fraud and unjust enrichment of persons who dispossessed more than 65,000 Nigerians and conferred ownership of the Bank on few Nigerians and their foreign accomplices’’.
The petition did finger former Central Bank Governor, the Emir of Kano, Alhaji Sanusi Lamido Sanusi II, under whose watch the alleged fraud was perpetuated.

Also accused of alleged complexities in the transactions were the two former ministers.

Enelamah was particularly fingered as the mastermind of the transaction by allegedly leading Africa Capital Alliance to form the Mauritius shell company to house Nigerians pretending to be foreign investors.

The transactions allegedly dispossessed Nigerian shareholders and investors in order to transfer ownership of the bank to a few persons including insiders, chieftains of competitor banks and others who would not pass CBN’s “fit and proper’’ test for bank ownership.

The petition claimed that Enelamah allegedly organised the registration of the offshore shell company in Mauritius called Union Global Partners Limited for the purpose of disguising the true majority ownership of Union Bank shares concealed in the offshore company.

The petition also alleged that the transactions commenced under Udoma’s supervision as Chairman of Security and Exchange Commission and sealed up when he became the Chairman of Union Bank of Nigeria Plc.

“The circumstances can best be described as official corruption and insider trading’’, the petition alleged.

The petition further alleged that Udoma and other officials illicitly granted a renewable five-year waiver to Union Bank of Nigeria to remain listed on the exchange in spite of being owned by a few private equity firms till today.

According to the petition, the alleged unlawful action is to ensure the more than 65,000 Nigeria former shareholders whose shares were diluted from 85 per cent to less than 15 per cent of public float to still be listed on Nigerian Stock Exchange (NSE).

“It is to be recalled that 49% shares of Union Bank of Nigeria plc is now majority owned and controlled by London listed Atlas Mara, the investment company led by Robert Diamond Jr.

“Mr Diamond is a former Chief Executive Officer of Barclays Bank who was sacked for his involvement in manipulating Libor.

“Not only is Mr Diamond not a fit and proper person to own a bank according to the rules of Nigeria, he had also been blacklisted by the Bank of England as a result of the Libor manipulation.

“One wonders how the former CBN Governor, Sanusi Lamido Sanusi authorised the Union Bank change of ownership transaction and bridged it with USD two billion national patrimony, in spite of glaring evidence of fraud and the nature of the ultimate foreign owner who was already known and waiting in the wings.


https://www.google.com/amp/s/dailypost.ng/2019/07/04/fg-commences-investigation-two-ex-minister-billions-dollars/amp/

SarkinYarki:
So because he laid the bare facts his objectivity has gone with the winds? So he should behave like you and your wicked ilk and pretend all is well with Buhari govt and pretend Buhari is not sponsoring terrorist against innocent people of Nigeria , pretend that the economy is in great shape and corruption has been eliminated , pretend that Buhari is the best leader ever ko .. Look ate your self in the mirror and you will see a picture of a hypocrite.

OAUTemitayo:
Your objectivity has gone to the winds.
You are now a shadow of your former self.
I am still wondering how you turned from an apt and objective personality to one with so much hate and vile.
How the mighty has fallen.