₦airaland Forum

How has American indebtedness to China put America at risk?

What has been the benefit of IMF to us that the deal with the Chinese will be worse than?

The useless western media and agents of IMF should tell us that first.

The whole world know that you can only ignore China at your peril. Even UK had to go and cut a deal with the Chinese 2years ago.

Did the deal also put UK at risk?

Proudly Yoruba.

Ile-Ife is our Jerusalem, Mecca and Medina - spiritual home.

Oyo is our administrative home.

Ibadan is our military Headquarter.

Haters can hug 5000kva transformer under a heavy rain.

Is the OP alright?

If you think Saraki is enjoying any bit of this, then you must be high on Afikpo weed.

Step into Saraki's shoes and mind for 1hour and experience his feelings, embarrassment and shame, you will then know everything you wrote are mere fantasies that hold no water.

Where are the mor0ns from SE that were celebrating the invasion of Olu Falae's farm?

Is it a must for us to have a bicameral legislative?

Those bunch of looters in the desecrated hollow chamber do not have the interest of the common man at heart.

EFCC over to you. Thank God will are no more in the days of stealing is not corruption.

it is not by tying African scarf like an ''alatika'' lady.

Kemi will deliver.

Quote of the year ---- Nigeria is not sick and even if we are, we have our own local remedy

Nigeria’s Finance Minister, Kemi Adeosun, at the ongoing Spring Meetings of the IMF/World Bank on Friday explained why the Nigerian government is not excited about calls to apply for loan facility from the International Monetary Fund (IMF) to tackle some of the current economic challenges that Nigeria is facing due to the slump in global oil prices.
Other speakers at the event included IMF Deputy Managing Director, Mitsuhiro Furusawa, and Rwanda Finance Minister, Claver Gatete.

The minister, who was a speaker at a panel discussion on Africa titled: “Sub-Saharan Africa: Just a Rough Patch,” said Nigeria is adapting to its new realities and it is implementing fiscal policies to steer the country back on track for stable growth with a diversified economy.
These policies and investment should enable Nigeria to show positive growth in 2017.
Mrs. Adeosun emphasised that what the country is passing through is surmountable, adding that government is already applying a cocktail of measures to address the problem.
“Nigeria is not sick and even if we are, we have our own local remedy,” the Minister said, in an apparent response to a question on why the government has refused to apply for IMF loans.
Noting that the real vulnerability in the Nigerian economy is over-dependence on a single source of revenue, oil, the minister said, “We have resolved to build resilience into the country’s economy to hedge against future oil shocks.
“This is because dependence on oil brings about vulnerability and laziness. So we are doing a combination of things to diversify our economy, with revenue mobilisation to enable sufficient investment in developing the non-oil sectors.

“We have a great opportunities to reset the Nigerian economy and ensure that as we go forward, growth will be in a sustainable manner so that we won’t be vulnerable to oil price fluctuations, and with a truly diversified economy we would have enabled opportunities for wealth creation that would have trickles down to every Nigerian.
“The compelling business case in Nigeria is that the fundamentals remain very strong, a teaming, young growing population, rich in resources and with a government determined to finally get it right.

Food

Beer
Unopened: 4 months.

Brown sugar
Indefinite shelf life, stored in a moistureproof container in a cool, dry place.

Chocolate (Hershey bar)
1 year from production date

Coffee, canned ground
Unopened: 2 years
Opened: 1 month refrigerated

Coffee, gourmet
Beans: 3 weeks in paper bag, longer in vacuum-seal bag (after this time, color or flavor may be affected, but product is still generally safe to consume)
Ground: 1 week in sealed container

Coffee, instant
Unopened: Up to 2 years
Opened: Up to 1 month

Diet soda (and soft drinks in plastic bottles)
Unopened: 3 months from “best by” date.
Opened: Doesn’t spoil, but taste is affected.

Dried pasta
12 months

Frozen dinners
Unopened: 12 to 18 months

Frozen vegetables
Unopened: 18 to 24 months
Opened: 1 month

Honey
Indefinite shelf life

Juice, bottled (apple or cranberry)
Unopened: 8 months from production date
Opened: 7 to 10 days

Ketchup
Unopened: 1 year (after this time, color or flavor may be affected, but product is still generally safe to consume)
Opened or used: 4 to 6 months (after this time, color or flavor may be affected, but product is still generally safe to consume)

Maple syrup, real or imitation
1 year

Maraschino cherries
Unopened: 3 to 4 years
Opened: 2 weeks at room temperature; 6 months refrigerated

Marshmallows
Unopened: 40 weeks
Opened: 3 months

Mayonnaise
Unopened: Indefinitely
Opened: 2 to 3 months from “purchase by” date (after this time, color or flavor may be affected, but product is still generally safe to consume)

Mustard
2 years (after this time, color or flavor may be affected, but product is still generally safe to consume)

Olives, jarred (green with pimento)
Unopened: 3 years
Opened: 3 months

Olive oil
2 years from manufacture date (after this time, color or flavor may be affected, but product is still generally safe to consume)

Peanuts
Unopened: 1 to 2 years unless frozen or refrigerated
Opened: 1 to 2 weeks in airtight container

Peanut butter, natural
9 months

Peanut butter, processed (Jif)
Unopened: 2 years
Opened: 6 months; refrigerate after 3 months

Pickles
Unopened: 18 months
Opened: No conclusive data. Discard if slippery or excessively soft.

Protein bars (PowerBars)
Unopened: 10 to 12 months. Check “best by” date on the package.

Rice, white
2 years from date on box or date of purchase

Salad dressing, bottled
Unopened: 12 months after “best by” date
Opened: 9 months refrigerated

Soda, regular
Unopened: In cans or glass bottles, 9 months from “best by” date
Opened: Doesn’t spoil, but taste is affected

Steak sauce
33 months (after this time, color or flavor may be affected, but product is still generally safe to consume)

Tabasco
5 years, stored in a cool, dry place

Tea bags (Lipton)
Use within 2 years of opening the package

Tuna, canned
Unopened: 1 year from purchase date
Opened: 3 to 4 days, not stored in can

Soy sauce, bottled
Unopened: 2 years
Opened: 3 months (after this time, color or flavor may be affected, but product is still generally safe to consume)

Vinegar
42 months

Wine (red, white)
Unopened: 3 years from vintage date; 20 to 100 years for fine wines
Opened: 1 week refrigerated and corked

Worcestershire sauce
Unopened: 5 to 10 years (after this time, color or flavor may be affected, but product is still generally safe to consume)
Opened: 2 years

Household Products

Air freshener, aerosol
2 years

Antifreeze, premixed
1 to 5 years

Antifreeze, concentrate
Indefinite

Batteries, alkaline
7 years

Batteries, lithium
10 years

Bleach
3 to 6 months

Dish detergent, liquid or powdered
1 year

Fire extinguisher, rechargeable
Service or replace every 6 years

Fire extinguisher, nonrechargeable
12 years

Laundry detergent, liquid or powdered
Unopened: 9 months to 1 year
Opened: 6 months

Metal polish (silver, copper, brass)
At least 3 years

Miracle Gro, liquid
Opened: 3 to 8 years

Miracle Gro, liquid, water-soluble
Indefinite

Motor oil
Unopened: 2 to 5 years
Opened: 3 months

Mr. Clean
2 years

Paint
Unopened: Up to 10 years
Opened: 2 to 5 years

Spray paint
2 to 3 years

Windex
2 years

Wood polish (Pledge)
2 years

Beauty Products
All dates are from the manufacture date, which is either displayed on the packaging or can be obtained by calling the manufacturer’s customer-service number.

Bar soap
18 months to 3 years

Bath gel, body wash
3 years

Bath oil
1 year

Body bleaches and depilatories
Unopened: 2 years
Used: 6 months

Body lotion
3 years

Conditioner
2 to 3 years

Deodorant
Unopened: 2 years
Used: 1 to 2 years
For antiperspirants, see expiration date

Eye cream
Unopened: 3 years
Used: 1 year

Face lotion
With SPF, see expiration date. All others, at least 3 years

Foundation, oil-based
2 years

Foundation, water-based
3 years

Hair gel
2 to 3 years

Hair spray
2 to 3 years

Lip balm
Unopened: 5 years
Used: 1 to 5 years

Lipstick
2 years

Mascara
Unopened: 2 years
Used: 3 to 4 months

Mouthwash
Three years from manufacture date

Nail polish
1 year

Nail-polish remover
Lasts indefinitely

Perfume
1 to 2 years

Rubbing alcohol
At least 3 years

Shampoo
2 to 3 years

Shaving cream
2 years or more

Tooth-whitening strips
13 months

Wash’n Dri moist wipes
Unopened: 2 years
Opened: Good until dried out

Culled from Time.com

This pathetic Ipob of an OP is still alive!!!!!

I thought he was part of the people that went AWOL on NL?

What happened to all your much talked about parallel sites to NL?

If we leave NL, NL will crash. They left and they have since retraced heir steps back.

Shameless people without pride.

Johnnyessence:
contractors handling gbongan to akoda road av resume work,workers av resume work in old garage to ila odo road.visit the place and see things for ur self.

Resumed or completed? Who celebrates resumption at site?

Learned minds are interested in project completion and not resumption.

Joel3:
Nigeria is more divided like never before. if we must tell ourselves the truth this marriage is for a limited time.

No thanks to the Ineffectual Buffon that ran a campaign of calumny and division.

Johnnyessence:
u will continue to be saying all this things till ogbeni fulfill all his promise in the state of osun ok. ongoing project will soon be commissioned.

On-going projects such as?

I repeat, is the level of infrastructural development in the state commensurate with the level of huge indebtedness?

What happened to the funds that were borrowed to start and complete this so called ''on-going projects''?

Your Hero is making the people, their children and their children's children to repay back a loan that is in his own pocket, his children eg Kabiru, his cohorts and probably their children's children.

mapet:
You should have allowed the guy to show more of his idiocy, shebi he said he wants to take himself to the cleaners. Even his golden question sound rather idiotic

Instead of name calling Mr. Mor0n, answer the dmn question or forever keep your idiotic mouth shut.

ihearYou:
And in your mind,u think u are smart. What do u have to offer other that stupid criticism that have no bearing to reality. People like u are dream killers who have no joy in other people's achievements. Like it or not,d project is here to stay,and shows that despite all d lies being written about Osun and its governor, things can only get better. And before u spew your usual nonsense,pls avail us of d strides or own state governor has done to make life easier for d people of ur state.SMH!!

What is this thing saying? I rep Osun wherever I go without any apology to any body.

What are the achievements of the so called governor and at what cost?

I should celebrate you for buying a phone for me at a price I could have gotten 4. Are you not insulting our sensibilities?

The funds borrowed from banks and other agencies were meant to start and complete those projects. Why are most of those projects uncompleted and abandoned and where is the balance of the funds?

Your deceptive Gov might be your hero, it is your right that you are simply exercising. To some of us he is nothing but a looter that distract people away from all his evil acts by noise making. It is in the history of this country that he is the 1st Gov to run a state into almost bankruptcy status. Like you are entitled to your opinion, I am to mine too.

Guess what -- Truth is Bitter.

Let me allow you to enjoy your thread, at least it is not a crime to earn daily living from PPP.

If I take you and your Aregbe on, I will take you to the cleaners as usual.

The golden question Aregbe and sycophants have refused to answer is:

"is the infrastructure on ground commensurate with the level of indebtedness?".

Nice write up..

Masterstroke from Govt.

However, like the writer rightly pointed out, this should only be for the short term, while we are developing our medium to long term Sustainable framework.

I believe in this govt. We shall get there.

Delivered with precision and urgency of purpose .

Intensify your work and translate the words into reality.

The earlier you board Titanic, the better.

mindtricks:
Nothing to do with witchcraft. Simply about a biased mission of vendetta by Buhari and his APC.

Stop deceiving yourself thinking that Saraki is being tried because he's corrupt. The truth: Saraki is being persecuted because of Senate presidency which seat he occupies against their wish. Nothing more, nothing less.

Story for the gods.

Is he innocent of the allegations? Is he being unjustly prosecuted? Prove that first and i will believe your coc.k and bull story of persecution.

You do not throw stones when living in a glass house.

PT and SR are basta.d investigative media. They are always a step ahead.

Before publishing the story, they have gone ahead to contact Mrs' Saraki's lawyer, to further drive in their screw on Saraki.

E don be for Saraki. Wallahi.

See the lives of wailers in broad daylight.

They abused OBJ, not knowing that Ebora Owu is the Genie that can wreck havoc on you and still stand there gidigba with you.

OBJ's patriotism transcends personal relationship. He has his flaws, but you cannot take away his patriotism.

Falana must be high on Colombian Ganja.

He is being kept for security reasons and no court in this world can release him based on that, until the security threat he poses is finally decimated.

This news will give PA Chukwudi44 heart attack.

Who cares whether you are happy or sad?

Did you care whether the masses were happy or sad when you were looking their commonwealth?

mindtricks:
The govt of today is simply more bad-blooded than the one that was in Aso Rock then. Their mission remains to punish Saraki for emerging Senate president, NOT BECAUSE BUHARI'S GOVERNMENT WANTS TO FIGHT ANY CORRUPTION!

Is Saraki innocent?

If you can be a witch, then the Hunter has every right to witch hunting you.

You can call it witch hunting, sane minds are calling it "bringing culprit to justice".

TippyTop:
[s][/s]

Tinubu did same, condemn Tinubu for setting the precedent.

Tinubu was fortunate, Saraki might not be, because the govt of today is not as liverless as the one that was in Aso Rock when Tinubu wa being tried.

Saraki is just a clown.

The more his devilish tactics to derail the trial, the more I am getting convinced that he is more than guilty.

Corruption is running from Justice.

You can only run, you can't hide.

Slowly but surely, the arm of justice will find you out.

Some wailers will tell us not to believe Premium Times and Sahara Reporters, but we should rather belive their ipod and wailing junk newspaper -- Vanguard.

What exactly is wrong with the Agatus!

What stops them from going on the onslaught against the barbaric Fulani herdsmen, rather operating from a defensive position?

At least four assets belonging to the wealthy and famous Saraki family of Nigeria, all tucked away in secret offshore territories, have been uncovered.

But the President of the Senate, Bukola Saraki, failed to declare them to the Code of Conduct Bureau (CCB) as required by Nigerian laws.
This revelation, made possible by internal data of the Panama-based offshore-provider, Mossack Fonseca, obtained by the German newspaper Süddeutsche Zeitung and shared by the International Consortium of Investigative Journalists (ICIJ) with PREMIUM TIMES and over 100 other media partners in 82 countries, could worsen Mr. Saraki’s case as he battles to extricate himself from allegations of corruption.
Mr. Saraki is yet to respond to PREMIUM TIMES’ request for comments. His spokesperson, Yusuph Olayinonu, did not return calls or respond to a text message seeking comments.

But in a written response to ICIJ, the Senate President insisted, through his UK lawyers, that he “declared his assets properly in accordance with the relevant legislation,” and that the charges against him “are both unfounded and politically motivated.”
Last September the CCB slammed false asset declaration charges on Mr. Saraki, accusing the Senate President, among other things, of failure to declare his assets in full.

Under the code of conduct law, a public office holder is required to declare his own assets, those of his wife as well as assets in the names of his children below the age of 18.

In his declaration form, Mr. Saraki listed property owned by his wife, Toyin Saraki, to include a plot of land at Lekki valued at N5 million, which he said was a gift he received in January 1989.

Mrs. Saraki was also listed as owner of a property at 15 Bryanston Square, London W1 and 69 Bourne Street, London.
While the first, which rental income was put at £48,000 with a value of £900,000, was acquired in January 1989, the second, which value was put at £2m and had rental value of £150,000, was acquired for business in April 2000.

However, a fresh investigation by PREMIUM TIMES and its media partners, has uncovered a hidden London property in the name of Toyin Saraki but which was left out among the assets declared by the Senate President. The hidden property is located at #8 Whuttaker Street, Belgravia, London SW1W 8JQ. It has title number NGL802235.

Similarly, the Senate President stated in his assets declaration form that his wife held an account in Eco Bank Broad Street, Lagos, where she had N1.5 million at the time he became governor in 2003. She also maintained an account in Coutts & Co Strand, London, where she owned £450,000 and $125,000 in addition to $3 million in Northern Trust International Banking Corporation Merrill Lynch Pierce Fenner.
Mrs. Saraki was also listed as maintaining substantial shares in European and American Trading Company, Tyberry Corporation and Eficaz Limited just as she held 500,000 shares, valued at £500,000, at P.C.C (U.K) Ltd. He was however silent on the number of shares the former first lady had in Haussmann and Tiny Tee (Nig) Limited.

Elaborate as the declaration in the name of Mrs. Saraki appeared to be, PREMIUM TIMES can authoritatively report that apart from the undeclared London property, three additional overseas assets in the name of the wife of the Senate President were hidden from the authorities and are missing from the assets declaration form. Our investigations reveal that Mrs. Saraki owns secret companies in some notorious tax havens.

The hidden assets
The first, Girol Properties Ltd, was registered on August 25, 2004 (a year after Mrs. Saraki’s husband became governor of Nigeria’s north-central state of Kwara) in the British Virgin Island (BVI). Company documents show that Mrs. Saraki owns 25,000 numbers of shares with a par value of US$ 1,00 each, and was appointed the first and only director of the company. It however remains unclear what businesses Mrs Saraki transacted with the company. Mrs Saraki however, in a letter to ICIJ, through her lawyers, denies ever owning any shareholding in Girol Properties.

The second company, Sandon Development Limited, was registered in Seychelles Island on January 12, 2011 and has Mrs. Saraki and one Babatunde Morakinyo, (a long-term personal aide and friend of Mr. Saraki) of 11 Okeme Street, Lagos, as shareholders.
While incorporating that company, documents show, Mrs. Saraki bought a curious service from Mossack Fonseca & Co, the Panamanian firm that helped her to register the firm. Perhaps to avoid being identified as the beneficial owner of Sandon, the Senate President’s wife asked Fonsecca to provide nominee directors for the company. Nominee directors are sometimes used in tax havens to conceal real owners of companies and assets.
She then made an undertaking indemnifying the Panamanian company “in respect of all claims, demands, actions, suits, proceedings, costs and expenses whatsoever as may be incurred or become payable by you in respect of or arising out of any member or employee or associate of your company or associated companies holding any office, directorship or shareholdings in the company or by reason of or in consequence of any act or decision made by any such person or company in connection with the management and/or administration of the said company.” Shortly after the company was incorporated, Mrs. Saraki used it, in July 2011, to buy the property on Whuttaker Street, Belgravia, London SW1W 8JQ.
The property, acquired from Renocon Property Limited, a company registered in the British Virgin Island, was never disclosed to Nigerian authorities as required by the country’s code of conduct law.

The third hidden company in the name of Mrs. Saraki is Landfield International Developments Ltd., a company registered in the British Virgin Islands on April 8, 2014. It’s registration number is 1819394 while its registered office is 1 Akara Blog., 24 De Castro Street, Wickhams Cay 1, Road Town, Tortola, British Virgin Island.

According to Mossack Fonseca, the registered agent of the company, Mrs. Saraki, at least until January 27, 2015, was sole shareholder and beneficial owner of the company which had two nominee directors – Glaisd Alie Limited and NewGombe Limited – both appointed on September 2, 2014. Its agent says Landfield is authorized to issue a maximum of 50,000 no par value shares. “In so far as is evidenced by the documents filed at the Registered Office, the Company is in existence and, in good standing,” Mossack Fonseca recently said of Landfield in response to an enquiry by one Laura Templeman, a Senior Associate for Ogier Group, a law firm based in the British Virgins Island. “According to the documents filed on the Company’s file as at 27th January, 2015, there are no actions, pending or threatened against the Company and no action has been taken to wind up the Company or to appoint a receiver or manager.”

Mrs. Saraki said she sold her shares in the company to a third party in January 2015, but PREMIUM TIMES is yet to sight any document to that effect.

In July 28, 2015, Mrs Toyin Saraki, who was the first lady of Kwara State between 2003 and 2011, was interrogated by Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission (EFCC), in relation to awards of contracts during her husband’s tenure as governor.
The EFCC has not taken further actions since her interrogation, and nothing has been heard of the case since then.

A troubled husband
Mrs Saraki’s husband, Bukola, who is Nigeria’s third most powerful official by virtue of his position as Senate President, is facing a 13-count charge of alleged false declaration of assets. He is being tried by the Code of Conduct Tribunal, a special court that tries public officers for any contravention of the Code of Conduct for Nigerian public officers as spelt out in the Fifth Schedule of the Nigerian constitution.

The Code of Conduct Bureau (CCB) and the Code of Conduct Tribunal (CCT) were established to enforce “a high standard of morality in the conduct of government business, and to ensure that the actions and behaviour of public officers conform to the highest standards of public morality and accountability.” The Code of Conduct Bureau had on September 16, 2015 slammed charges on Mr. Saraki, accusing him of offences ranging from anticipatory declaration of assets, to making false declaration of assets in forms he filed before the Bureau while he was governor of Kwara state.

The Senate President was also accused of failing to declare some of his assets, acquiring assets beyond his legitimate earnings, and operating foreign accounts while being a public officer – governor and senator.
The offences, the charge said, violated sections of the Fifth Schedule of the Constitution of the Federal Republic of Nigeria 1999, as amended.
Mr. Saraki is also said to have breached Section 2 of the Code of Conduct Bureau and Tribunal Act and punishable under paragraph 9 of the said Fifth Schedule of the Constitution.

The Senate President has denied wrongdoings, saying the case was politically motivated and that he was merely being persecuted for emerging the President of the Nigerian Senate against the wishes of his political party, the ruling All Progressives Congress, which preferred a different candidate. But this fresh revelation regarding hidden assets in tax havens might fuel the allegations against Nigeria’s third most powerful official and strengthen the prosecution’s case against the politician.
The Saraki family and ownership of offshore companies

Apart from Toyin Saraki, another member of the Saraki family popped up repeatedly as PREMIUM TIMES and its partners conducted a year-long investigation into the leaked Mossack Fonseca internal documents, which contained 2.6 TB files, involved 214,488 entities, and revealed hundreds of details about how former gun-runners, contractors and other members of the spy world use offshore companies for personal and private gain.
Laolu Saraki, brother to Senate President Saraki, also has several footprints in offshore financial havens, documents show. A number of shell companies are connected to the younger Saraki. He is sole shareholder in some of the companies while sharing ownership with some business partners in others.

For example, documents show that Laolu is the owner of Polly Capital Holdings Ltd registered in Niue, a small island nation in the South Pacific Ocean. Another document showed that after some years, Laolu brought in another person as co-owner. The company is now co-owned with a certain Richard Pembroke, who has 25,000 equity shares, just like Laolu.

Laolu’s other offshore companies are co-owned with his associates. Among the co-owners are Kojo Annan, son of former UN Secretary General, Kofi Annan; Obi Asika; Olufela Ibidapo who are all known figures in Nigeria. Laolu and Kojo Annan hold equal shares of 25,000 in Blue Diamond Holding Management Corp. The duo, along with Mr. Asika, also own Sutton Energy Limited, registered in the British Virgin Island.
Mr. Asika owns 15,000 units of shares, the same amount owned by Laolu Saraki and Kojo Annan. Mr. Asika was a Senior Special Assistant to former President Goodluck Jonathan, and is closely connected to the Sutton Group.

Mr. Asika’s profile on the website of the Copyright Society of Nigeria (COSON), of which he is Board member, refers to him as Founding Partner & Executive Director, Sutton Group from June 1999 to October 2002.
The connection between Mr. Annan and Mr. Asika seems clear, as Mr. Annan sits on the Board of Mr. Asika’s another company,Dragon Africa. Additional documents show that the trio – Laolu, Kojo and Asika – also co-own Sapphire Holding Ltd., a company located in Samoa, a tiny Island of an estimated 194,320 people in the South Pacific. Company documents also indicate that Ensol Limited (Environmental Solutions), registered in the Republic of Seychelles, with registration number 028376, partly belongs to Laolu.
The company is co-owned with Ama Annan, a relative of Kofi Annan (former UN Secretary General), who was appointed director on May 19, 2006 but ceased to be director on July 2, 2008.

Another Nigerian, Olufela Ibidapo, was then appointed to replace her on January 4, 2010. Mr. Ibidapo is the current Head of Corporate Affairs at Heritage Bank, a successor bank to the defunct Societe Generale Bank of Nigeria, largely owned by the Saraki family but whose operational license was revoked by the Central Bank of Nigeria in January 2006 following the re-capitalisation policy in the banking sector.
The bank however returned with a new name (Heritage Bank) in 2012 following the order of the Federal High Court, compelling the central bank to restore its operational permit after it declared that it had amassed the required capital base to return to business.
It however remains unclear why the Saraki’s incorporated the offshore companies linked to them or what businesses they transacted with the entities.

While that may not be the case with the Sarakis, some business people in Nigeria and elsewhere are known to have created Shell companies offshore for a host of dodgy business reasons, which include hiding assets, avoiding tax or as fronts for illegal deals. Shell companies are however not entirely illegal, and not all owners use them for dubious purposes.

We have done nothing wrong – the Sarakis
Mr. Saraki and his wife denied any wrongdoing.
Responding to separate written demands for comments, the couple maintained that it is not illegal to hold shares in offshore companies.
In a letter to ICIJ by the London-based law firm of Discreet Law, Mr. Saraki said he declared his assets properly in accordance with the relevant Nigerian legislation. Mrs. Saraki, in a separate letter to the ICIJ through another London-based law firm, Harbottle & Lewis, also insisted that she “made all required disclosures in relation to her shareholdings.”

In their separate letters, the couple threatened to sue should the ICIJ and its partners proceed to publish information about the undeclared offshore assets, with Mrs Saraki saying any publication concerning her private financial information infringes on her privacy and breaches the Data Protection Act 1998.

Will Fitzigibbon (International Consortium of Investigative Journalists), contributed reporting to this story.

Culled from Premium Times

ikeg7416:
What I can't stand is complete display of ignorance by illiterate zoo animals. When you have ZERO knowledge of wtf going on in around you does not mean you know shit. I mean Goddamn, if your bought out media does not post anything for you people...una are beyond clueless.

In 2015 an MP of the British parmliment sent a letter to FG to get more information from the zoo government, she statement they visited nnamdi kanu in prison and he denied their assistant (the letter attached below). When Angela, another MP, spoke to Newsweek on nnamdi's matter..she yet again mentioned the british government visited Nnamdi on several occasions and he denied their assiatamce. The letter from his lawyer to the government could be he changed his opinion about needing their help.

Oh while I'm at it....Angela, who is an MP in British parliament protested with IPOB on Biafra matter. (Image attached below)

Goran Sluiter, who is a Dutch human rights lawyers have charged files on Buhari in hague. He did this Pro Bono btw.

Just because your government hides wtf is going on in the world from you lots especially regarding biafra does not mean you people have to repeatedly showcase you stupidity and ignorance.

Cc:superstar1 or whatever BS you call yourself

How has your lamentation release the Bleaching Yellow Pawpaw aka Our Dilector from the gulag of the Nigerian State or has it hanged the fact that he is a genocide inciting criminal and a loud mouthed/chest beating m0ron, just like you.