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Travel / Re: VIO Uses Robot To Control Traffic In Abuja, Drivers Obey (Video) by Terenceike(m): 7:31pm On Nov 04, 2023 |
That is no robot, it's human being in that costume. You find them at wonderland |
European Football (EPL, UEFA, La Liga) / Re: Arsenal Vs Southampton (3 - 3) On 22nd April 2023 by Terenceike(m): 10:03pm On Apr 21, 2023 |
LeeSmart: |
Politics / Re: "Peter Obi Is Ethnically Cleansing Labour Party" - Alhaji Bashiru Apapa by Terenceike(m): 8:47am On Apr 19, 2023 |
You can clearly notice that all those trying to betray Labour Party are yorubas. A coincidence or just their nature? 10 Likes 1 Share |
Romance / Re: Is Going On A Harmless Date While Married Okay??? by Terenceike(m): 11:59pm On Apr 15, 2023 |
Why tell your husband everything except the so called harmless date. You’re just trying to be intelligent by half 5 Likes 1 Share |
Politics / Re: You Need 25% In Abuja + Other Requirements To Be President. Mike Ozekhome by Terenceike(m): 10:38am On Mar 29, 2023 |
PlayerMeji: You must not win Abuja, just score 25%. Besides every candidate puts in effort to score same 25% in at least 24 states. |
Politics / Re: Why The Law Made It Compulsory For A 25% In The FCT by Terenceike(m): 11:39pm On Mar 26, 2023 |
IgOga: Section 299 tells you the president is the governor of FCT |
Politics / Re: Sanwo-Olu Rejects ₦5M Compensation To Uber Driver Tortured by Terenceike(m): 9:39am On Mar 25, 2023 |
Okealaaye: Alex Otti is from Arochukwu, stop talking nonsense on public fora 4 Likes 1 Share |
Romance / Re: I don't understand my fiancee behavior this days, could it be... by Terenceike(m): 10:53pm On Mar 24, 2023 |
It’s actually normal especially when it’s happening not exactly how you both wanted it. But I think with time everything will be fine. Reality has set in, not love 45 Likes 2 Shares |
Politics / Re: Peter Obi's 16 Lawyers Are All Igbo, All Of Them. See by Terenceike(m): 8:36am On Mar 22, 2023 |
Epistasis: Oga the case is already in court, relax and watch as the case unfolds. No need for all these unnecessary noise |
Politics / Re: Peter Obi's 16 Lawyers Are All Igbo, All Of Them. See by Terenceike(m): 3:22am On Mar 22, 2023 |
Wole Olanipekun Akin Olujimi Yusuf Ali, Lateef Fagbemi A.U . Mustapha Ahmed Raji Abiodun Kemi Pinheiro Niyi Akintola H.M. Liman Taiwo Osipitan Babatunde Ogala Roland Otaru James Onoja Muiz Banire Olusola Oke Mohammed Abubakar. These are Tinubu’s lawyers. How many Igbo men are there and of what tribe are these lawyers? |
Politics / Re: I For Feel For Akeredolu Children by Terenceike(m): 8:19pm On Mar 08, 2023 |
How did you forget Tinubu’s children, is Remi a Yoruba woman? Also Seyi Tinubu I think also got married to a Lebanese. So karma awaits them 4 Likes |
Politics / Re: Peter Obi Visits OPC Leader, Computer Village, Ladipo Market by Terenceike(m): 5:03pm On Feb 13, 2023 |
Way to go |
Sports / Re: Christian Atsu Trapped Under Rubble After Earthquake In Turkey by Terenceike(m): 3:03pm On Feb 06, 2023 |
May they all be found alive 8 Likes 1 Share |
Politics / Re: Nollywood Actor: I Will Improve The Industry - Peter Obi Replies El-Rufai by Terenceike(m): 8:34pm On Feb 05, 2023 |
As the president in-wait, he must carry him presidentially 2 Likes |
Romance / Re: How Do I Convince My Boyfriend To Save In My Bank? by Terenceike(m): 11:24pm On Jan 12, 2023 |
Banilla: You don’t know how to make money, but you can save. Tell that to a toddler |
Travel / Re: Please Connect Me Where To Learn Forklift Driving In Abuja by Terenceike(m): 10:31pm On Jan 11, 2023 |
miracleabj1: Hi, good day Pls did you get a place to learn forklift? I really need it now. Thanks in anticipation |
Politics / Re: Atiku/Wike Face Off Divides PDP In Cross River State by Terenceike(m): 4:43pm On Jan 11, 2023 |
senatordave1: Oga you forgot the election was between two Fulanis? This time is different, a capable Igbo man is in the ballot |
Business / Fraudulent Sale Of Polaris Bank For The Position Of CBN Governor by Terenceike(m): 3:27pm On Jan 01, 2023 |
EXCLUSIVE: In plot to be CBN governor, Aishah Ahmad rejects N1 trillion bid for Polaris; sells bank N50 billion to Mamman Daura, Tunde Sabiu, Auwal Gombe The only female deputy governor has steered several missteps that went unreported, but her involvement in a scheme to topple her boss has grown too elaborate for ceaseless secrecy. CHUKWUEMEKA AYOMIDE AND ADEFEMOLA AKINTADE • DECEMBER 31, 2022 Mamman Daura, Aishah Ahmad and Yusuf Tunde Sabiu (Credit: Ahmed Oluwasanjo/Peoples Gazette) Mamman Daura, Aishah Ahmad and Yusuf Tunde Sabiu (Credit: Ahmed Oluwasanjo/Peoples Gazette) The provocative sale of Polaris Bank to an influential clique of President Buhari’s cronies was itself part of a ferocious plot to elevate Aishah Ahmad as the next governor of the Central Bank of Nigeria, Peoples Gazette learnt from documents and informed officials, stressing how a massive loss was inflicted on the country for personal headways while echoing an administration that never flinched from its rudderless reputation — even at five months to its termination. With her eyes on the highest job for monetary transactions and regulations in Nigeria, Ms Ahmad, the only female deputy governor at CBN, played along in a scheme that ultimately handed a key federal asset to the president’s cronies at “a giveaway price.” Polaris was announced sold in October to Strategic Capital Investments Ltd for N50 billion, despite strong opposition from lawmakers and national voices that included Femi Falana. The firm was registered only six months earlier on April 28 as a subsidiary of Ponglomerape Limited owned by Auwal Abdullahi Gombe, a self-touted businessman more recognised as Ibrahim Babangida’s son-in-law. Auwal Gombe Auwal Gombe The Gazette has also been informed that Mamman Daura, the president’s octogenarian nephew, and Yusuf ‘Tunde’ Sabiu, the president’s administrative aide and confidant, also have significant interests in the SCIL. Mamman Daura Mamman Daura (Photo Credit: BBC) State-run bad bank administrator AMCON was also shut out of the purchase process, which was handled entirely by Ms Ahmad’s Financial System Stability Department at CBN, according to complaints of senior directors shared with The Gazette. Instead, as she raced to satisfy her allies, Ms Ahmad flunked public interest and accountability by hushing up a larger and more prudent deal for the taxpayers, The Gazette found. The lucrative deal of N1.04 trillion was placed for Polaris Bank by London-based Fairview Acquisition Partners, which offered N200 billion in immediate disbursement for the asset, a document said. CBN document CBN document In its March 18, 2020, proposal to the CBN, Fairview Partners said it had conducted a review of its offer, first placed on March 15, 2020, and determined that it could also acquire a struggling Heritage Bank for an additional N160 billion, pushing the deal to N1.2 trillion. But rather than present the offer, Ms Ahmad suppressed it and continued scheming to hand over Polaris to individuals close to power. She finally sealed the deal in July 2022 after receiving assurances that she would be made the CBN governor upon brokering. The Gazette first reported the deal in early August, two months before CBN’s announcement. Ms Ahmad initially pressured Polaris’ management to deny The Gazette’s story publicly in order to buy herself time to deal with the backlash and perfect the minutia of the deal, a bank official said. After rigging the acquisition process for Messrs Daura, Sabiu and Gombe, Ms Ahmad then presented her decision to the board for approval and onward announcement to the public. An official said Mr Emefiele would not have signed off on the deal had he known it would be his undoing. Ms Ahmad, 46, denied selling Polaris at a grossly-undervalued rate, saying the SCIL was asked to pay back over N1.2 trillion that was injected to rescue the bank and keep it running for years. After being reached for comments, she suggested CBN spokesman Osita Nwanisobi as the official to speak on the deal. Mr Nwanisobi said Fairview Partners, established in 2016, was dropped because it did not go through the third face of the bidding process. While Fairview Partners has little information in public to suggest it has a robust financial standing and corporate credentials, The Gazette learnt that the firm had already rallied investors for the acquisition — and it is not unusual for a start-up or midsize firm to raise capital towards a major acquisition. She, however, failed to say whether or not she knew people in Mr Buhari’s administration were acquiring the bank or whether the deal was the best for Nigeria. She also did not deny being promised the top job at CBN in exchange for aiding the Polaris acquisition. President Muhammadu Buhari President Muhammadu Buhari Messrs Daura, Sabiu and Gombe did not return requests seeking comments. Mr Sabiu passed The Gazette’s request for comment to an associate, who said they could not go on the record about his role in the deal. All the officials who shared information and spoke with The Gazette sought the protection of their identities to do so — which was granted in line with our editorial policy on anonymous sources. ‘Madam Governor’ Two months after Polaris was handed over, the State Security Service levelled grievous charges of terrorism financing and economic sabotage against Governor Godwin Emefiele, a move that tossed the nation into confusion. Although the SSS failed to sustain its claims before a federal judge, the allegations alone have jolted Mr Emefiele and placed his job on the line. Speculations have flared about how Mr Emefiele was being hounded for redesigning the national currency while limiting cash withdrawals, with many linking his ordeal to politicians not comfortable with such moves ahead of a major election in which money is expected to play the biggest factor. As of Saturday afternoon, only a few people in the administration believed Mr Emefiele would still have his job in the new year. Already, the CBN governor himself has started preparing to seek asylum in the United Kingdom or the United States, barring any serious assurances of his safety by the president, The Gazette reported. Whereas the president has not indicated his preferred successor to Mr Emefiele, The Gazette heard that Ms Ahmad had been seen as the top favourite because of her northern roots and status as the most-senior deputy governor. The Gazette learnt that Ms Ahmad became engrossed in the conspiracy to trade Polaris for the top job at CBN as soon as it was up for acquisition. A composite of Polaris Bank and CBN logos Polaris Bank and CBN logos Polaris Bank was nationalised in September 2018 after AMCON bought its debts. It was known as Skye Bank until the takeover. But AMCON has not been able to sell the bank to investors since the takeover, which was precipitated at the time by the financial crisis and recession of 2016 and 2017. But Messrs Daura and Sabiu became desperate to take over the bank as the Buhari administration began winding down, people familiar with the matter said, and subsequently sought Ms Ahmad as an ally in their plot. It was unclear who first initiated the conversation about trading Polaris for CBN governor’s seat, but Ms Ahmad was eager to be a party to the arrangement, people familiar with the matter said. “She suddenly started holding meetings with Auwal Gombe,” an official said. “At times, the businessman will be in her office for three good hours.” “She was meeting frequently with the son-in-law of Ibrahim Babangida, who has been partnering and fronting for Mamman Daura and Tunde Sabiu,” the source added. “It was then that they started calling her ‘Madam Governor’.” The deputy governor suddenly became arrogant at the office beginning months before the deal was finalised, another official said while corroborating Ms Ahmad’s closeness to the president’s cronies. Double portion Ms Ahmad was nominated as a CBN deputy governor in October 2017 and was confirmed by the Nigerian Senate in March 2018. Prior to her appointment, she was a director in charge of retail banking at Diamond Bank, now part of Access Bank. At CBN, she has supervised financial system stability. But recognising her weakness as a central banker without any education or practical background in economics, Ms Ahmad, who has been a practising Christian until her appointment, started embracing Islam in order to ingratiate herself towards the inner circles of the president, which conduct state affairs mostly on the basis of religion and ethnicity. The Gazette’s findings revealed that Ms Ahmad was a devout Christian at Diamond Bank. But suddenly, as she moved to the CBN, she started wearing headscarves and putting an Islamic praying mat in her office. “Everyone at CBN now calls her ‘Hajia’ and she would be replying ‘as-salamu alaykum’,” an insider said. Still, the CBN chief still regularly worships as a Christian and sometimes attends Christian services secretly in Abuja and Lagos, The Gazette understands. Ms Ahmad did not clarify what informed her decision to embrace Islam suddenly after becoming a CBN official. ‘Criminal cronyism’ Ms Ahmad’s role in the controversial sale of Polaris has been described by anti-corruption campaigners as criminal and deserves a steep inquiry and potential prosecution. “The bank was worth N1.8 trillion according to expert evaluation,” said senior rights attorney Femi Falana. “Selling it for N50 billion is a criminal act that should not be allowed to stand.” Femi Falana Femi Falana Mr Falana said Ms Ahmad’s claim that the president’s cronies who bought the bank would repay N1.2 trillion in 25 years was a fig leaf aimed at closing further discussions about the bank’s sale. “They have no intention of recovering the public funds from the president’s cronies they transferred the assets to, that’s why they came up with the joke of 25-year repayment plan,” Mr Falana said, adding that the sale would be challenged in court. Lanre Suraj, an anti-corruption campaigner, said the excuse that only a firm backed by the president’s cronies was competent enough to buy Polaris was a transparent folly. “You cannot tell me that a group that was ready to pay N200 billion immediately and subsequent N100 billion per year in order to close the deal in just about right years is incompetent,” Mr Suraju said. “But the characters around the president who bought the bank for N50 billion with a 25-year repayment deal is competent?” Mr Suraju said the president should constitute a panel to audit assets sold under Ms Ahmad and the current CBN regime, and prosecute those found to have grossly undermined public interest for personal corrupt purposes. “The losses already inflicted on Nigerian taxpayers could still be mitigated if people behind the conspiracies could be brought to justice,” he added. 2 Likes 1 Share |
Crime / Re: RELATIONSHIPS: NIGERIAN Men In USA Killing Their Imported Wives From Nigeria B by Terenceike(m): 7:36am On Dec 07, 2022 |
Shokoloko: Actually quoting you not exactly because of this comment but after reading through your arguments. My dear, the problem here isn’t necessarily how much the women earn as nurses. These men knew the prospect of nurses even better than the women they brought from Nigeria, they were fully aware the women will earn pretty good but all what they needed was a woman to have a decent family with. But as is usually the case, when a man attains financial stability he needs a woman in his life to build a family but women on the other hand feels they don’t need a man upon attaining financial stability 1 Like |
Celebrities / Re: Davido Weds Chioma Rowland Traditionally - Gistlover by Terenceike(m): 8:44pm On Nov 13, 2022 |
If this news is true then I wonder why this guy likes controversy. You loose your son in a strange circumstance and immediately you remember you need to wed his mum. Quite strange I must say 21 Likes |
Politics / Re: Like Peter Obi Like His Political Party by Terenceike(m): 9:17pm On Nov 08, 2022 |
Certainly Labour Party won’t welcome. Aside having no national appeal, he also has no electoral value 1 Like |
Politics / Re: Udom May Resign As Atiku’s PCC Chair Over Lack Of Funds by Terenceike(m): 10:29am On Nov 08, 2022 |
I knew for sure a time will come when the southern politicians becomes wise. Buhari and Atiku just made it happen fast. Actually no one is willing to sponsor the campaign simply because they’re not convinced he can win 8 Likes 2 Shares |
Politics / Re: G-5 Governors Launch Campaign Against Atiku by Terenceike(m): 8:28am On Nov 08, 2022 |
I |
Politics / Re: Video: Why I Made Deal With Aggrieved PDP Governors .Peter Obi by Terenceike(m): 12:01am On Nov 02, 2022 |
Honestly Atiku has an uphill task in this election, and I don’t see him pulling through. Whom among those men on side aside Okowa are willing to help him fund the election? Many of them like Dino are just trying to cash out while hoping a miracle can get them the presidency. Atiku miscalculated, should have supported another candidate at the primaries |
Politics / Re: Atiku In Trouble, Begs Governors For Campaign Funds- Sources by Terenceike(m): 5:15am On Oct 28, 2022 |
Exactly what Wike tactically avoided. Let Tambuwal and northerns that need a northern president fund his campaign 6 Likes |
Politics / Re: Photos Of Atiku Abubakar As He Arrives The United States Of America (pics) by Terenceike(m): 5:10am On Oct 28, 2022 |
Just to create nuisance abroad. Same culture of wastage, what’s the importance of all of them being there? |
Politics / Re: Wont Nigeria And Nigerians Be Worse With Peter Obi That Doesnt Give Shi Shi? by Terenceike(m): 8:34am On Oct 27, 2022 |
In a working system and developed countries, no one goes about sharing money to anyone. You work, earn and take care of your needs |
Politics / Re: This Is Why There Are So Many Thugs In The Southwest. by Terenceike(m): 8:29am On Oct 27, 2022 |
Beremx: No doubt Yoruba women work harder than their men 4 Likes |
Business / Re: Nigerians Are Hoarding N2.7 Trillion Outside The Banking System - CBN Governor by Terenceike(m): 8:23am On Oct 27, 2022 |
Just maybe Buhari wants to sanitize the electoral process |
Politics / Re: Ben Ayade and Dave Umahi visit Wike Today in Port Harcourt by Terenceike(m): 7:40am On Oct 27, 2022 |
The meeting is definitely not in Favour of Tinubu. You should ask yourself how committed is Umahi and Ayade to Tinubu’s presidency? |
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