This people again! We better part ways with them....

I know this was coming. There is no smoke without fire.

When you see these particular people becoming extra-philanthropic you have suspect foul play, no matter how rich they claim to be.

Almajiri1:

American businessmen and politicians commit far worse than you could ever imagine.

David Cameron is Briton, he might be corrupt though, but he stepped down when the Brexit came up, which none of our politician can ever do even if they are dieing.

SalamRushdie:
Nigerian Business men must learn to make these international transfers very transparent as any hanky panky usually get the American feds to start being supicious ... So they have been hiding under the guise of plane purchase to move looted money out of Nigeria .

Even ur own genuine money if u don't follow there laid down pattern to transfer it , you might be in for laundering

jjman2322:
Just FYI, Buhari GOVT agreed to extradite 80 Nigerian that were indicted recently by FBI, Mr Onyema has a problem...

Nigeria will gladly extradite its citizens to face USA charges. Yet to find one person Nigeria refused to extradite.. Recently its been pretty much Russia refusing to extradite its citizens..

Nigeria loves/needs USA, they will do whatever America says.

That's the other shit Onyema is facing. There is a 99.9% probability that Buhari will gladly extradite him to the US.
His only option now, aside from entering a plea deal/fighting the charges in trial, is to move to a country that has no extradition treaty with the United States. Simple.

This is truly disappointing. Allen is one of my most respected businessman.

jjman2322:


haha tell me about it.. air peace is NOTHING in the airline industry.. NOBODY outside Nigeria knows air peace.. Not my USA friends, Not people in Europe, nobody..

SA airlines are more worried about Emirates, Qatar, Singapore, Etihad, etc.. Airlines who offer flights to destinations from USA to everywhere in the world, with a much better service

GBAM!

jjman2322:


Bro, EFCC has nothing to do with this.. Thats what people are mixing up.. This is a DOJ indictment, NOTHING to do with EFCC.

USA government has presented evidence, and got an indictment against him.. Now the next step is he has to come to america to face the charges.. and they will seek his extradition from Nigerian govt..

EFCC is not a part of this for now.. This isnt mompha case.. This is a USA criminal indictment. Never pray you or anyone you love gets indicted by the USA.

I tell you but better still, pray our loved ones don't do illegal stuff.

This are the real OG... making money in silent....I always say nobody clean. Nah person wey em cup don full b theif

PDPGuy:

That's the other shit Onyema is facing. There is a 99.9% probability that Buhari will gladly extradite him to the US.
His only option now, aside from entering a plea deal/fighting the charges in trial, is to move to a country that has no extradition treaty with the United States. Simple.

He's not going/running anywhere. If he is guilty, let him face the music. Nigeria has a battered image already, why continue to dent it? Go to embassies and see how people are turned down of the green passport.

Let all the crooks be jailed. One by one, they will pay.

PDPGuy:

That's the other shit Onyema is facing. There is a 99.9% probability that Buhari will gladly extradite him to the US.
His only option now, aside from entering a plea deal/fighting the charges in trial, is to move to a country that has no extradition treaty with the United States. Simple.

exactly.. i mentioned pages ago that this is a problem.. this isnt EFCC

Once USA seeks his extradition, which they will, then Nigeria govt has to arrest him and proceed towards that.. and yes Buhari will gladly extradite him.. Cant mess up relationships with USA over one man..

Entering a plea deal = prison time
Fighting charges in trial = LOOONG prison time.

Moving = Maybe Russia? lol but they might grab him while he transits

Now he has been indicted it means the USA has already flagged him.. Once he flies out of Nigeria they will grab him.. doesnt matter if he goes to Dubai, UK, Spain, Canada, etc..

livinbygrace:



You mean $20m is small money for him right?I rest my case.

How much do u think is one plane abeg ....2 million dollars ? 7 billion is a small money for the man bro

Useless people always trying to bring a black man down......how many politicians have been indicted for money laundering?you accept stolen funds meant for developing Africa and try to bring black business down.
A day of reckoning is coming.

Chai!! Money laundry. Food don ready for my Yoruba brothers, it's time to make jest of Igbos.
Me as I Igbo dude feeling disappointed !!!

Almajiri1:

This is far deeper than you think. Once Air Peace is positioning to be in direct competition with any American interest, Trust dirty to be dug up on you.

Everybody Na thief

ALPHABASE:
YOU MEAN THAT HE, BOLA AHMED TINUBU USED TO BE A SECOND IN COMMAND TO EL-CHAPO LET US NOW ALL AGREE THAT CRIME IS A RESPECTER OF NO TRIBE OR RELIGION


I REST MY CASE

Tribalistic hypocrite

okenwa216:
Las las everybody na yahoo

Didn't Falz say it? Today is a sad day!

TheShopKeeper:
...I can't believe this is happening...

There is no big deal here.

Y*bo una no dey hear

YungMillionaire:
Let me see if I understand the situation here.

Onyeama applied for (and got) 20 million dollar credit (to buy Boeing aircrafts) using fake documents aka FRAUD.

Then after he got the credit, he transferred 16 million into various accounts in US banks aka MONEY LAUNDERING

The other guy also used another person's signature on the fake documents without the person's permission aka IDENTITY THEFT.

Here are my questions:

1. Which bank gave him the 20 million dollar credit?

2. It appears the guy whose signature was fraudulently used works for Onyeama, so are we sure the guy did not know what Onyeama was using his signature for?

Boeing plans cost 20 million right ?

1. Lets start by focusing on Onyema's goal: to launder 20 million dollars from Nigeria to US.

How would one go about doing this without raising a red flag in America? Onyema thought he had a plan.
2. Onyema pretended he wants to use to 20 million dollars to import Boeing aircrafts from the US to America.

Now stay with me here. When you import goods from another country the exporter (aircraft seller) has to be confident that when he sends the aircrafts to Nigeria, onyema (the importer) would pay him (aircraft seller) the money due. In other for the aircraft seller to have this confidence he needs a letter (Export letter of credit) from Onyema's bank.
3. So Onyema got an export letter of credit from a Nigerian bank.

Normally, Onyema's Nigerian bank would send the letter to the America exporter. So here is Onyema's trick. Onyema set up a company in the US to be the 'aircraft seller' ( 'exporter').
4. Onyema's plan was complete. All he had to do was have someone (Mr. Eghagha) in the fake aircraft company to send the letters to the company's bank in America saying the aircrafts have been exported and viola the 20 million dollars sitting in Nigeria would flow into bank accounts in the US. And that was exactly what happened.

5. As soon as the 20 million enter the US, Onyema quickly wired 16 million into various US accounts. This move is typical money laundering move. This is where Onyema fvck up. So the American bank fraud team took a deeper look into the Export letter of credit and concluded that 1. The company does not have aircraft to sell and 2. consequently no aircraft was exported to Nigeria for the 20 million that flowed from Nigeria to US.

Now, I understand Onyema's scheme. He thought he was clever but his impatient got the best of him.

mrvitalis:

Boeing plans cost 20 million right ?

Used ones cost much less.

You can get a fairly used 737-300 for well under $4m

https://www.controller.com/listings/aircraft/for-sale/list/category/3/jet-aircraft/manufacturer/boeing/model-group/737

ALL air peace airplanes are used.. I can show you how to get the history of the airline via tail number.

J111333:
It will be a surprise to see a wealthy businessman with no iota of fraud in him so I'm not really shocked.
I'm only mad that this is coming at a time he is being celebrated for his recent good deeds.
Well, crime is crime and he has to take responsibility for his misdeeds good man or not.
I hope and pray he is proved innocent of this crime though.

You can hope he's innocent but it's not logical to pray



If he's guilty, your prayer can't vindicate him and prove him innocent.

"N[b]o dirt shall abort this mission. Even the free air lifting of Nigerians from South Africa was part of the strategy to deepen the brand"

World's Mumuest Comment.[/b]



Stop all these your conspiracy theories. Do you think everyone is gullible as you are. Use your IQ before spilling trash here. You narration is like secondary school students [/quote]

Bill Gates, Zuckerberg , George Soros etc don't do money laundering it's only an African billionaire does. Nonesense. So Black man should never be wealthy. Whites an rascism.

If INVICTUS OBI can do it.
Williams Uchemba can do it
Emmanuel NWUDE can do it.
70 other Igbo guys arrested by the FBI can do it.

Then who is Onyema that he can't do it?

Igbo amaka biko

YungMillionaire:
1. Lets start by focusing on Onyema's goal: to launder 20 million dollars from Nigeria to US.

How would one go about doing this without raising a red flag in America? Onyema thought he had a plan.
2. Onyema pretended he wants to use to 20 million dollars to import Boeing aircrafts from the US to America.

Now stay with me here. When you import goods from another country the exporter (aircraft seller) has to be confident that when he sends the aircrafts to Nigeria, onyema (the importer) would pay him (aircraft seller) the money due. In other for the aircraft seller to have this confidence he needs a letter (Export letter of credit) from Onyema's bank.
3. So Onyema got an export letter of credit from a Nigerian bank.

Normally, Onyema's Nigerian bank would send the letter to the America exporter. So here is Onyema's trick. Onyema set up a company in the US to be the 'aircraft seller' ( 'exporter').
4. Onyema's plan was complete. All he had to do was have someone (Mr. Eghagha) in the fake aircraft company to send the letters to the company's bank in America saying the aircrafts have been exported and viola the 20 million dollars sitting in Nigeria would flow into bank accounts in the US. And that was exactly what happened.

5. As soon as the 20 million enter the US, Onyema quickly wired 16 million into various US accounts. This move is typical money laundering move. This is where Onyema fvck up. So the American bank fraud team took a deeper look into the Export letter of credit and concluded that 1. The company does not have aircraft to sell and 2. consequently no aircraft was exported to Nigeria for the 20 million that flowed from Nigeria to US.

Thanks someone who understands how LC's work.. Thats exactly what he did.. hes fcked..

jlinkd78:
Still charges as at now. He is still innocent until proven otherwise by a competent court of law

But would go to USA to face his charges, if he goes fine, if he doesn't I'd assume he's guilty

alezzy13:
This is truly disappointing. Allen is one of my most respected businessman.

It is normal practice for businessmen to raise LC and divert some of the money for something else. After all if you have cash in Nigeria and wish to take some out for other investments, how else do you do it? You cannot just carry $1m in your bag through the airport naa. Neither can you go to the bank and say you want to wire the money to the US.
See alot of rich business people do this!

Almajiri1:

This is far deeper than you think. Once Air Peace is positioning to be in direct competition with any American interest, Trust dirty to be dug up on you.

Then you best make sure you have no dirt, right?

See how you’re here supporting fraud. Why?

ensamy:
Bill Gates, Zuckerberg , George Soros etc don't do money laundering it's only an African billionaire does. Nonesense. So Black man should never be wealthy. Whites an rascism.

relax amigo.. read the indictment.. he committed a crime.. has nothing to do with black men being wealthy..

There are tens if not hundreds of thousands of BLACK MILLIONAIRES living free lives and not breaking USA laws.. Lets learn how to blame the perpetrator not his skin colour.

If this had been the EFCC, it would have been deemed as Anti- Igbo!
From the information provided so far, Air Peace also committed crimes against Nigeria.
Our institutions are just too weak. Central bank especially.