₦airaland Forum

Former Senate President David Mark has been associated with running eight offshore companies registered in British Virgin Island.
His former wife is also listed as owning shell accounts.

Senator Mark (Benue South), who recently won re-election into the upper chamber for the fifth time, is the latest Nigerian to be named in the secret assets leak of files belonging to Panamanian law firm Mossack Fonseca.

The firm, reputed as one of the most secretive companies in the world, helped clients to register offshore entities, some of which are then used to launder money, evade taxes and dodge sanctions.
Senate President Bukola Saraki’s wife, former Delta State Governor James Ibori, Saraki’s brother Laolu, his associate Obi Asika and Olufela Ibidapo have also been named as running shell companies in the tiny islands.

Already the world wide scandal has claimed Iceland Prime Minister who on Tuesday following pressure from the citizens for keeping a secret account.

WOruGunu:
the first law is also important NEVER OUTSHINE YOUR MASTER and AVOID D UNLUCKY ND UNHAPPY COS DEY WILL INFECT U

ElCapone:
u just too on point, spot on.

ijebu2020:
To b frank can I ask Op and the rest calling for Sarakis head that of what particular benefit is Sarakis case win or fail to Naijas problems?
Now I if Saraki had abide by the Apcs party directive on senate president seat do u guys think Saraki case wld have come up? capital no..so I c it as a mere persecution and not a serious war against corruption..lts be serious with ourselves for once.

nigerianvenom:
. Have u easily forgotten the names APC and their crook called GEJ when he was still the president?

ERODEDEAST:
How much were you paid for all this? You keep disturbing my mention guy

ERODEDEAST:
BULL.ARI IS A DISASTER
HIS FOLLOWERS ARE HAVE NO CONSCIENCE.



EVERYONE KNOWS THAT BULL.ARI IS A NAMA

ERODEDEAST:
I can`t give answer to a rhetoric question.

dejt4u:
oya point out the lies and I shall take it upon myself to explain further.. Or are you part of the state boys..?? Lol

The World Bank has allocated $800 million to support rebuilding of infrastructure destroyed in the North East by the Boko Haram insurgency.

UN Resident and Humanitarian Coordinator, Ms Fatma Samoura, made the disclosure on Thursday in Maiduguri during a courtesy visit to Gov Kashim Shettima.

Samoura, who is also a UN Development Programme (UNDP) Resident Representative, said the UN was scaling up its presence in Borno and other North Eastern states ravaged by the insurgency.
“Yesterday, we had a long discussion with the World Bank team that came from Washington to attend the workshop.

“The workshop is for validating the year findings of the recovery and peace-building assessment.
“They have promised to leverage 800 million dollars for the North East to response to recovery, rehabilitation, de-mining, waste management and debris processing for the North East of Nigeria,’’ she said.

The UN representative regretted that the UN was having challenges in mobilising resources for Nigeria in view of the humanitarian crises in other parts of the world.

“As we all know, the Syrian crisis that is affecting Europe is also taking a heavy toll in terms of funding from our traditional donors.

“We are trying our best to ensure that our advocacy and our communication strategy are up to the level where we will be receiving more attention from the donor community.

“The humanitarian response plan, as we speak, is just 10 per cent funded, meaning we have only received 24 million dollars.

“This is out of 248 million dollars budgeted for the North East of Nigeria for 2016,” she said.
Samoura, however, pledged that the UN would continue to complement the World Bank and the EU supports to address the root causes of poverty and exclusion in the North East.

Chanchit:
Amin! Odeni di agbaya.

Mynd44:
Ondo state an oil producing state owes 3 months salary.

Bayelsa, another oil producing state just got bailed out

Kogi is a mess

Imo is *sighs*

Yet Osun which collects "6 million" in federal allocation started paying salaries for January on monday meaning they owe just 2 months unlike 7-8 months some months ago and yet their federal allocation has not been increased.

I think we need to look at Osun beyong its allocation and ask how the government there has cut down the salary owed workers in yhe face of dwindling finances because in that amswer we will find out how Osun intends to finance a budget of 150 billion

Of course this message will be lost

philcupid:
Op, the rainbow is from your camera, or u dey live for inside water? My own sun never get rainbow around it since history