₦airaland Forum

Toh but why haven't they indicted or try to frustrate Otedola, Dangote, Mrs Alakija, TY Danjuma?

Mykelhendriz:
One thing I know is that the U.S are always looking for way to frustrate Nigeria billionaires entrepreneur... because they don't believe that good things come out from Nigeria!!

They will always come out with fraud claims.. They shouldn't worry.. More billionaires are coming out from Nigeria

Just believe!!!!

Mykelhendriz:
One thing I know is that the U.S are always looking for way to frustrate Nigeria billionaires entrepreneur... because they don't believe that good things come out from Nigeria!!

They will always come out with fraud claims.. They shouldn't worry.. More billionaires are coming out from Nigeria

Just believe!!!!

And am going to be one of them soon,insha Allah

JubrinElSudan:
Hope he comes out of this innocent. Many persons(in the airline industry and some ordinary Nigerians) are already waiting to laugh at him

Meanwhile, EFCC is patiently waiting for the indictment to be real so they can head to a court to get asset forfeiture order

Aswear they love stealing other people's glory

Mykelhendriz:
One thing I know is that the U.S are always looking for way to frustrate Nigeria billionaires entrepreneur... because they don't believe that good things come out from Nigeria!!

They will always come out with fraud claims.. They shouldn't worry.. More billionaires are coming out from Nigeria

Just believe!!!!

just shut up and hope he is not a fraudster so Invictus also was a case of USA been jealous of him get a life,why haven't dey investigate Dangote,Adenuga and co

AngelicBeing:
He falsified documents which is a serious offence in the US

They falsified LC, and submitted to CBN thru bank saying that they want to buy aircraft.
Cbn transferred the money, we no come see air craft. Instead they shared the money.
They did not buy aircraft.

I'm suspicious Allen was ignorant of what was going on. His CFO, Eghagha used their company acct for money laundry.

They want to finish every black race

They did it to Michael Jackson

Did it to Bill Cosby


They did it to R kelly


Now they want to finish this man


Please onyema go prove your innocent

luvinhubby:
You think so?

America is more corrupt than Nigeria, they only manage their perception better.

America more corrupt than Nigeria

You people underrate the level of corruption in Nigeria.

I doubt if there is any developed country that is anywhere as corrupt as Nigeria.

Unrated900:
They want to finish every black race

They did it to Michael Jackson

Did it to Bill Cosby


They did it to R kelly


Now they want to finish this man


Please onyema go prove your innocent

Like they did to Obama, Oprah Winfrey, Chimamanda Adichie, Denzel Washington, and Samuel L Jackson abi

Blacks and playing the victim's card are like 5&6.

Yeah, I am one of them .

Mykelhendriz:
One thing I know is that the U.S are always looking for way to frustrate Nigeria billionaires entrepreneur... because they don't believe that good things come out from Nigeria!!

They will always come out with fraud claims.. They shouldn't worry.. More billionaires are coming out from Nigeria

Just believe!!!!

ukahrawah:
Chief Onyema, my prayer is that you're vindicated. Once your hands are clean, corporate wickedness against you & Airpeace shall end in futility. Once upon a time, the US authorities came up with allegations that Saddam Hussein had stockpiled weapons of mass destruction hence, the Iraq war. Eventually, the US authorities lied. Lesson: Don't underate a state sponsored smear campaign.

There is a difference between assertion (which was what Bush made against Saddam Hussein) and an indictment (which the United States Department of Justice obtained against the Air Peace boss).

The difference is that assertion is based on suspicion. Bush thought Saddam Hussein had weapons of mass destruction based on hearsays and rumors, as well as his own desires to invade Iraq.

But in the case of indictment, it comes after a grand jury investigation. Investigation does not take gossips, rumors, and hearsays into consideration. It uses evidences.

I would really respect him if he takes the flight to US to defend himself.

malel1:
He will go to airbus for business. After all they are doing better than Boeing currently

He can't. Lol
Maybe from a Russian or Chinese aircraft manufacturer though.

oz4real83:
Let's hope so. America doesn't engage in media trial like Nigeria. They must have done extensive investigation which may even have taken years before this came to the media. I just hope he is clean because he is one of the few "shinning lights" we have at the moment even though we don't know how it all started.

You don't know America. Speak of what you know!

ambrosedmax:
US attorneys rarely make false accusations!! They know the consequences!! I like this man!! Hope they are wrong!!

You are not sure of what you are saying! They make errors both knowingly and unknowingly every time! But not like the ones in Nigeria who are too corrupt to be qualified as attorney or lawyer!

grandstar:
The link below is very close to what I wrote. It may not be it but very very similar. I knew a lady was involved

https://www.cbc.ca/news/canada/british-columbia/jogger-who-accidentally-crossed-u-s-border-from-b-c-detained-for-2-weeks-1.4717060

If an American or other nationality does same, they will be arrested by Canada border officers and detained too. It goes both ways.

oz4real83:
Let's hope so. America doesn't engage in media trial like Nigeria. They must have done extensive investigation which may even have taken years before this came to the media. I just hope he is clean because he is one of the few "shinning lights" we have at the moment even though we don't know how it all started.

Yes, America does not engage in media trial, even in the HUAWEI case.

Let Onyema buy his aircrafts elsewhere.

If you google well, you will discover Onyema may have purchased over 30 aircrafts in 5 years and you expect the guy not to have haters..

mabea:
Do you have proofs he did?

Yes, Donald Olusegun Ibrahim Eze Trump gave me the proof, I have it on my desk now

BluntBoy:
But in the case of indictment, it comes after a grand jury investigation. Investigation does not take gossips, rumors, and hearsays into consideration. It uses evidences.

Exactly! and he needs to STFU and stop talking.. Denying publicly will only hurt him when it comes to pre sentencing report or guilty plea.. You gain nothing by claiming you're innocent online when the DOJ indicts you..

wow. this is one of the few wealthy nigerians with human hearts. sir, if indeed you 're innocent of the charges, the good lord 'll defend your innocency & dissappoint the evil - waiting vultures.

salford1:
If an American or other nationality does same, they will be arrested by Canada border officers and detained too. It goes both ways.

Probably true. Note I used the word probably.

I watch a lot of these border entry documentaries like "Nothing to disclose" and notice how they treat travellers.

I've never seen them handcuff anyone in the British or New Zealand series and that includes drug smugglers.. I've seen one in the Canadian series and the suspect did not exhibit an ounce of violence.

Procedure varies from country to country

The question is,the planes that the money was meant for,where they supplied to the company in Nigeria? If yes then he should provide the documents,but let's see how the case will go

alpontif:
So, news recently carried it that the celebrated founder of Air peace, Mr Oscar Onyema has been Indicted by the USDOJ on charges of Money laundering.

Mr onyema reportedly created fictitious transactions, backed by fictitious documents between a US registered company he Controls and a set of Nigerian Entities he also happens to control (including two NGOs).

Based on evidence accumulated by the DEA, IRS CI, and USDOJ, charges were bought, and it appears our favourite airline CEO will be extradited.

I will address this crisis form two points.

The Business process Strategy and governance point, and from the Geopolitical policy point of view.

Nigerian businessmen, especially those who happened into sudden wealth, do not know how to build companies based on world class corporate governance strategies. They are micro managers who have to do everything by themselves, and will neither employ talent, nor pay for appropriate talent to help them do the needful. This is why end up getting into problem when they try to carry out intricate financial transactions using methods that seem smart to them but which they will have been advised against assuming they had the right people working for them. Instead of employing Finance Transactions and Compliance experts, Tax advisors, Money Management teams built on world class standards, they will rather go to the average guy working in a Nigerian bank, a fake "banker" who will then craft solutions that will be flagged by every AML fuzzy logic on the market.

The monies will go through, but foreign law enforcement will keep piling up evidence to use against them.

This is a Mistake Dangote will never make, and it is part of the reason he has succeeded so spectacularly, follow the rules, employ professionals, let them do it.

Oscar didn't steal money, heck, he worked for it, but by trying to play the system, he has destroyed what he has worked for for so many years and may even go to prison.

But what he is trying to do, is actually accepted practice all over the world, had he consulted McKinsey or PWC, they would have crafted a strategy for him. Apple avoided paying Taxes by parking most of their cash in Ireland, all the top five hundred companies in the world do the same thing, USDOJ has not dealt with them because they did it using loopholes in the system, that is the mistake oscar made, he did not consult the professionals, he was doing it himself, and because the funds were going through, he thought he was getting away with it....that is his biggest mistake.

On a Geopolitical policy basis, this crises must be strictly viewed as a National Security Matter, foreign authorities must not be allowed to destroyed a major Nigerian company and employer of labour based on offences that are very trivial and victimless compared to the atrocities American companies commit in Countries such as Nigeria. The Nigerian government must see this as a foreign policy matter and must make use of diplomatic channels to "die" this matter. The implications are dire, apart from unemployment issues, Nigeria will be losing on potential tax revenues from one of the Country's biggest Airline operators, if its allowed to be destroyed by a Foreing company on the excuse of its principal breaking their laws, laws that American companies break at will all over the world. We must also look at it from the view that Airpeace is a growing airline, which in coming years may be used as a soft power tool of Nigerian foreing policy, as such it must be treated as too big to fail, and supported all through.

If the Americans fail to "die" the matter, the Nigerian Ministry of Justice, FIRS, EFCC and SSS should as a matter of national security examine the practices of Western Companies with activities in Nigeria, including General Electric, Delta Airline, Chevron and Schlumberger and make their directors personally liable for all wrongdoing discovered, while also releasing press releases indicating them of Fraud.

In a proper Country with a foreign policy, this is what will happen.

You're a true son of your father.

FRIYOPATRICK:
That's the American government for you... The will pull him down because he is a competitor and a threat to their airline business in Nigeria.. we all need to encourage and support made in Nigeria

Iti boribo

Topmaike007:
AMERICA are useless abeg.. Always jealous and unhappy when other country want to grow..

Iti mpataka

wink2015:
Because he is buying Brazilian aircraft the americans are jealous and they want to pull him down by fire or by force.

Olodo

alpontif:
So, news recently carried it that the celebrated founder of Air peace, Mr Oscar Onyema has been Indicted by the USDOJ on charges of Money laundering.

Mr onyema reportedly created fictitious transactions, backed by fictitious documents between a US registered company he Controls and a set of Nigerian Entities he also happens to control (including two NGOs).

Based on evidence accumulated by the DEA, IRS CI, and USDOJ, charges were bought, and it appears our favourite airline CEO will be extradited.

I will address this crisis form two points.

The Business process Strategy and governance point, and from the Geopolitical policy point of view.

Nigerian businessmen, especially those who happened into sudden wealth, do not know how to build companies based on world class corporate governance strategies. They are micro managers who have to do everything by themselves, and will neither employ talent, nor pay for appropriate talent to help them do the needful. This is why end up getting into problem when they try to carry out intricate financial transactions using methods that seem smart to them but which they will have been advised against assuming they had the right people working for them. Instead of employing Finance Transactions and Compliance experts, Tax advisors, Money Management teams built on world class standards, they will rather go to the average guy working in a Nigerian bank, a fake "banker" who will then craft solutions that will be flagged by every AML fuzzy logic on the market.

The monies will go through, but foreign law enforcement will keep piling up evidence to use against them.

This is a Mistake Dangote will never make, and it is part of the reason he has succeeded so spectacularly, follow the rules, employ professionals, let them do it.

Oscar didn't steal money, heck, he worked for it, but by trying to play the system, he has destroyed what he has worked for for so many years and may even go to prison.

But what he is trying to do, is actually accepted practice all over the world, had he consulted McKinsey or PWC, they would have crafted a strategy for him. Apple avoided paying Taxes by parking most of their cash in Ireland, all the top five hundred companies in the world do the same thing, USDOJ has not dealt with them because they did it using loopholes in the system, that is the mistake oscar made, he did not consult the professionals, he was doing it himself, and because the funds were going through, he thought he was getting away with it....that is his biggest mistake.

On a Geopolitical policy basis, this crises must be strictly viewed as a National Security Matter, foreign authorities must not be allowed to destroyed a major Nigerian company and employer of labour based on offences that are very trivial and victimless compared to the atrocities American companies commit in Countries such as Nigeria. The Nigerian government must see this as a foreign policy matter and must make use of diplomatic channels to "die" this matter. The implications are dire, apart from unemployment issues, Nigeria will be losing on potential tax revenues from one of the Country's biggest Airline operators, if its allowed to be destroyed by a Foreing company on the excuse of its principal breaking their laws, laws that American companies break at will all over the world. We must also look at it from the view that Airpeace is a growing airline, which in coming years may be used as a soft power tool of Nigerian foreing policy, as such it must be treated as too big to fail, and supported all through.

If the Americans fail to "die" the matter, the Nigerian Ministry of Justice, FIRS, EFCC and SSS should as a matter of national security examine the practices of Western Companies with activities in Nigeria, including General Electric, Delta Airline, Chevron and Schlumberger and make their directors personally liable for all wrongdoing discovered, while also releasing press releases indicating them of Fraud.

In a proper Country with a foreign policy, this is what will happen.

I agree with about 46% of your submission that in the transactions cited in the indictment, he didn't seem to have defrauded banks in Nigeria or US. To that extent, he didn't steal money. But do you know how he made his fortune in the first place?

True, he partly got into trouble thinking professionals do not matter. But it doesn't seem like a case of seeking tax haven a la Apple packing profits in Ireland; after all, US is not your typical tax haven, so why would he move his funds there? It looks more like a case of Forex round-tripping--he possibly got it cheaply in 2016 when the differential between government-sanctioned exchange rate and parallel market rate was insane and would even tempt angel to make a cut. He applied for Forex and essentially use it to "buy" aircraft he already owned and one can't do that type of thing without forging documents or leaving some trails. With a good lawyer, he can avoid jail term but will forfeit some cool cash to Uncle Sam.

The asymmetry of power relations between the US and Nigeria means the latter has little or no leverage in this case. Nigeria simply can't bully US in anything, there is no leverage whatsoever. This is not early 2000s when US appetite for Nigerian crude was at its prime. In today's geopolitical realities, we are irrelevant in the scheme of things.

Nigeria should cause an investigation into how Onyeama made his money, and if questionable, take over the airline and then privatize or re-sell it in a transparent manner. Also, if Onyeama extradition is sought, Nigeria should expeditiously comply.

flyingdutchman:
How can you say GTB is a yoruba business What is wrong with you people? What kind tribal-tribal bigotry is this Look at my moniker very well and check if I am one of those goons that engage in tribal warfare with others. God forbid!
I give you 10years (estimated time of your maturity by your statement), you will regret this kind of mentality.

oga i could care less what your moniker looks like. All i'm saying is leave the blessed omo Oodua out of the nonsense. That's not too hard to ask for, right?

AngelicBeing:
Yes, Donald Olusegun Ibrahim Eze Trump gave me the proof, I have it on my desk now

Lol

doctokwus:
My annoyance and rudeness is that for someone that can use the internet and thus assumed literate,you spilled the story here because you actually believed it's true, without questioning it yourself.
One doesn't need to be in USA or live there to know when a story sounds false.
Imagine it yourself,how does it sound to you about the American border angle?
As I also rightly guessed,when asked to provide a source,you are babbling up and down.

I did not invent what I said. I read it online. That is the truth. If it's Quora, perhaps a reply written by one of the many members of that site. It may not carry the authority of a like CNN or even a blog.

For some reason, I believe the commenter. American police can be overzealous in their approach hence the rise of "Black Lives Matter". I