Davash222:

It takes a pig to recognize a pig.

Wonderfully excellent clap back.

DMerciful:
Is his statement true or lie? Why not react to the message without sentiments?

The credibility and integrity of the messenger matters too.

Posterity has on record your deeds. Everyman will account someday to God for acts done in the flesh. Introspect and you will weep for yourself. Thereafter your tear glands should be empty to produce tears for others!

People to ignore the message and attack the messenger

FEGNO:
IF WE WANT TO BE HONEST TO OURSELVES, BODE GEORGE LIKE HIM OR NOT IS TELLING THE TRUTH. IN ANY SANE COUNTRY WITH A DESIRE TO FIGHT CORRUPTION, TINUBU WILL BE BEHIND BARS. THERE ARE NO TWO WAYS OF LOOKING AT IT

Nigeria is the home of thief's and looters.

Habakus:

If you petition the court concerning that,the court would most definitely throw away your case irrelevance, lack of merit or lack of probable cause. It's that simple.
Ask yourself this: if I see you coming from the direction of a bank with a bag that contains something I don't know on an election eve,and I petition the court to compel a bank to declare the content of the bag, what do you think the court will do?
There you have it.

It's not open and shut like you stated it here.
The petition will be based on a prior active investigation which gives it merit. I never stated election eve as part of my petition. The petition will be based on the comments by BAT himself after the vans left his home and financial laws in Nigeria

[s]

itsme01:
]



foolish ex convict keep wheeping like your fellow nairaland wailer Old Dunce

let me also defend Tinubu here ojare make i fustrate wailers small

Any wailer that can succesfully point out the law which Tinubu violated wins a price





1. What is Money Laundering?
Money laundering according to the Act is when any person in or outside Nigeria directly or indirectly conceals or disguises the origin of; converts or transfers; removes from the jurisdiction; acquires, uses, retains or takes possession or control of; any fund or property, knowingly or which he/she should reasonably have known that such fund or property is, or forms part of the proceeds of an unlawful act.

‘Unlawful act’ includes – participation in an organized criminal group, racketeering, terrorism, terrorist financing, trafficking in persons, smuggling of migrants, sexual exploitation, sexual exploitation of children, illicit trafficking in narcotic drugs and psychotropic substances, illicit arms trafficking, illicit trafficking in stolen goods, corruption, bribery, fraud, currency counterfeiting, counterfeiting and piracy of products, environmental crimes, murder, grievous bodily injury, kidnapping, hostage taking, robbery or theft, smuggling (including in relation to customs and excise duties and taxes), tax crimes (related to direct taxes and indirect taxes), taxes crimes (related to direct taxes and indirect taxes) extortion, forgery, piracy, insider trading and market manipulation or any other criminal act



2. Cap on Cash Transactions
The Money Laundering (Prohibition) Act 2011 makes it illegal for any individual to accept or make any cash payment that exceeds N5m (Five Million Naira). This means that every cash transaction over N5m must be done via a financial institution.

Any person found guilty of contravening this is liable to imprisonment for a term of not less than 3 years or a fine of N10m (Ten Million Naira) or to both.



3. Declaration when transporting cash overseas
The Money Laundering (Prohibition) Act 2011 states that any individual, who is transporting cash or negotiable instruments in excess of US$10,000, or its equivalent must be declared to the Nigerian Customs Service.

Non-declaration of the funds or false declaration is an offence that is punished upon conviction by the individual forfeiting the funds in question, or to imprisonment of not less than 2 years or to both.



4. Gambling in a Casino
If you gamble in casinos in Nigeria, then you should be aware that the Money Laundering (Prohibition) Act 2011 provides that a casino must verify the identity of its customers and record all transactions, including the nature and amount involved in each transaction, and this information shall be kept in a register and preserved for a period of at least 5 years after the last transaction recorded in the register.

Therefore the information about people who gamble in casinos is mandated by law to be kept for 5 years.



5. Data Retention by Financial Institutions and Designated Non-Financial Institutions
The Act provides that the above institutions shall keep a record of a customer’s identification for a period of at least 5 years after the closure of the account or the severance of relations with the customer.

This therefore means that irrespective of the fact that you have closed your account or dealings with the above institutions, they are still obliged by law to keep a record of your details.



6. Obligation to report to the Economic and Financial Crimes Commission (EFCC)
The Act provides that financial institutions and designated non-financial institutions are obliged to report to the EFCC any single transaction, lodgement or transfer of funds in excess of N5m (Five Million Naira) within 7 days.

Therefore individuals should be aware that if they make such transactions, such transactions would be liable to be monitored by the EFCC.



7. Numbered or Anonymous Accounts
The Money Laundering (Prohibition) Act 2011 makes it illegal to open or maintain a numbered or anonymous account in Nigeria. A numbered bank account is a type of bank account where the name of the account holder is kept secret, and they identify themselves to the bank by means of a code word known only by the account holder and a restricted number of bank employees, thus providing accountholders with anonymity in their financial transactions.

The offence is liable on conviction to a term of not less than 7 years but not more than 14 years imprisonment.



8. Money Laundering ‘Agent’, Conspirators, and Accessories
The Act makes it illegal for individuals to carry out money laundering activities on behalf of another person, when he/she knows or suspects that the other person is engaged in or has benefited from criminal conduct, and such an act is liable on conviction to imprisonment for a term not less than 5 years or to a fine equivalent to 5 times the value of the proceeds of the criminal conduct or both such imprisonment and fine.

The Money Laundering (Prohibition) Act further makes it a crime to conspire, aid, abet, incite, procure, induce or counsel any other person to commit a Money Laundering offence, commits an offence and is liable on conviction to the same punishment as is prescribed for that offence under this Act.

If you would like to read more about the laws, you can review them here:

•Money Laundering (Prohibition) Act 2011
•Money Laundering (Prohibition) (Amendment) Act 2012

[/s]

You mean you wasted time typing this trash...

This ex convict has just started crying

fkj950ax:


It's not open and shut like you stated it here.
The petition will be based on a prior active investigation which gives it merit. I never stated election eve as part of my petition. The petition will be based on the comments by BAT himself after the vans left his home and financial laws in Nigeria

I assure you the case has no merit.
There's no way you can petition the court to compel a financial institution to reveal the content of someone's belonging,even if it contained money; except if there's a prior like you stated above but with regards that another entity's funds were missing,or that there was anyother illegal activity involving the accused person that could be linked to the content of the belonging.
In any of the probable scenarios I painted above,Tinubu has not been found wanting for it.
It is that simple.
What if it was just a polythene bag that was seen been carried into Tinubu's compound, would you have called for his investigation?
Mind you,a polythene bag can accommodate enough hard currencies capable of influencing an election.
So what makes this case peculiar?
Is it because it was a bullion van?
Or because it's Tinubu?

Habakus:

I assure you the case has no merit.
There's no way you can petition the court to compel a financial institution to reveal the content of someone's belonging,even if it contained money; except if there's a prior like you stated above but with regards that another entity's funds were missing,or that there

Bolded is contradictory but satisfies my PoV.

Bode George?
Well I blame Jonathan that gave him presidential pardon

Sagay is a criminal

Crocodile tears.

Good to hear that you wept..but when you embezzled the NPA funds during your reign in the office , you didn't weep. Kettle calling pot black. I know you're jealous of tinubu and his influence (though I'm not a fan to anyone of you.) Both of you deserve to die by hanging or fire squads. May all these political detractor die a miserable death in Jesus name. Amen.
It's only Nigeria someone like a bode George still speak for the Masses.

E Ni kuure

Davash222:

It takes a pig to recognize a pig.

so it means u and him are piglets? to recognize him

Giftexx:
go to bed.
U are as confused as Tinubu himself.

You obviously read my comment with the wrong side of your head

tinubu will never be the president of nigeria and buhari and his friends will help god to ensure it wont happen

mumu George talking nonsense to confuse fellow foolish people.

KingOfAmebo:
[s][/s]

You mean you wasted time typing this trash...

you mean you wasted your time replying me with your baby picture?

DominusPrime:

You obviously read my comment with the wrong side of your head

Go to bed again. Uve not bad enough sleep

Giftexx:

Go to bed again. Uve not bad enough sleep

I must apologise for my earlier statement...every side of your head is definitely wrong

helinues:


Only lazy ass people will be depending on others to survive..

No wonder your are more successful than people in Canada, America n Germany.. hardworking f**l

LastSurvivor11:


No wonder your are more successful than people in Canada, America n Germany.. hardworking f**l

So you mean all Nigerians reside in Nigeria only?

Perhaps, no suffering in the aforementioned countries bah?

Some arguments are unnecessary most especially when they are lame

Apc in power, na 3 years remain, so chill yall

helinues:


So you mean all Nigerians reside in Nigeria only?

Perhaps, no suffering in the aforementioned countries bah?

Some arguments are unnecessary most especially when they are lame

Imagine this head minus brain calling someone lame
I understand you obviously don’t understand the argument..

The cabals will still shield him

futuregeneratio:


With people like you Nigeria can never move forward. It is time we stop supporting all this criminals we call politicians. Leave d messagers and focus on the msg. No body is a saint but dat should not make us forget the truth.

and people like you have moved Nigeria forward? In a sane country, can Bode still have any voice?