Politics › Re: Sacked MD Approves Multi Million Loan For Allies; Backdates Records by Tinyemeka(m): 9:36am On Feb 21, 2016 |
iliyande: One of the managing directors sacked on Monday by the Presidency, has played a fast one on the government by approving multi-million loans to his cronies and associates before stepping aside. He is said to have gone into hiding shortly after handing over to one of he top officials of the agency, which has been plunged into huge avoidable debts incurred by reckless spending by the sacked board and management.
The man is said to have gone under to avoid being taken in the Independent Corrupt Practices Commission and the Economic and Financial Crimes Commission, which had been trailing him even before his sack last Monday. Among other crimes allegedly committed by the man, was the huge sum of N1 billion, which he claimed to have donated towards the re-election campaign of former President Jonathan and the N300 million bribe he demanded from a popular farming group in Lagos as a condition for approving a N1.5 billion expansion credit to a popular Lagos farming entity recommended by a former president of Nigeria.
The dismissed official, who headed one of the development financial institutions, reportedly ignored the directive of the presidency to hand over immediately to the next most senior official but worked for two additional days to achieve his inordinate mission. Insiders, who are upset with the way the sacked official carried on in the establishment, said he reluctantly handed over on Wednesday after tampering with vital official documents.
The extra three days spent in the office by the disgraced official, was to enable him to sign off many controversial ‘deals’ and backdate them to prevent auditors from questioning them. In particular, the former MD is said to have used most part of Tuesday and Wednesday to approve huge loans to his favourite allies and backdated them to show that the approvals were given last year.
A top source told Vanguard that in one case, the sacked MD approved a personal housing loan of N27 million to one of the heads of departments on Tuesday and backdated it to 2014 to avoid being detected as fraudulent, null and void. “I can tell you that the beneficiary of the fraudulent approval, which took place on Tuesday, two days after the MD had been removed from office, is the head of corporate department of our bank,” a senior staff of the institution said. It was gathered that apart from illicit approval of loans for close allies within the establishment, the sacked official also hurriedly granted approvals for external loans believe to have also gone to his cronies.
It was learnt that after appending his signatures to the paper, the sacked official packed away many vital official documents in several bags known locally as Ghana-Must-Go and drove off in many trucks. Aggrieved staff and external customers are said to have reported the top sacked bank boss to the Finance Minister and the EFCC, which has indicated readiness to probe the cases listed against the former official.
http://www.vanguardngr.com/2016/02/612400/ Google is there. Putting two and two together, one can safely conclude that the suspect is Rasheed Olaoluwa, erstwhile DG, Bank of Industry. NEXIM's former DG Roberts Orya doesn't have much controversy trailing his name, unlike Mr Olaoluwa. |
Politics › Re: 2016 Budget Not Padded, Does Not Exceed N6.08 Trln — Lai Mohamed by Tinyemeka(m): 8:14am On Feb 21, 2016 |
This man should just go to court, swear affidavit and change his name to Truth Muhammad. The thing might just work. Who knows.  |
Crime › Re: Nigerian Man Kills Himself & His Girlfriend In The US by Tinyemeka(m): 9:11pm On Feb 20, 2016 |
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Agriculture › Re: The 4 In 1 Yam A Nairalander Harvested From Her Backyard (Photos) by Tinyemeka(m): 9:02pm On Feb 20, 2016 |
Gracemacel: pix Yeah mehn. Statistics show that it is a rare condition which occurs in approximately 1 in every 20,000 yam harvests. The condition is known as Yamus quadritubus. Coined by yours truly.  |
Celebrities › Re: This Happens When God Picks Your Call (PICTURED) by Tinyemeka(m): 10:12pm On Feb 16, 2016 |
Now every Tom, Jerry, Mai gworo, bread seller, carrot seller, shoe shiner, job seeker, Corps Member, undergraduate, postgraduate, lecturer, Yahoo Yahoo, Aristo, runsgirl, blogger-wannabe would begin to stalk T.Y Bello just in case she wants to hold another photoshoot in public.  |
Politics › Re: Ben Bruce Flaunts His Made-In-Aba Shoes, Says They're As Good As Italian Shoes by Tinyemeka(m): 9:03pm On Feb 15, 2016 |
hopilo: lovely but we still need to pay attention to details to get a quality finish. Who is that manufacturere that will stand out to ensure quality and standard finishing that can be sustain over time to be a brand name on every Nigerian lip. Have you bought any of those shoes before? |
Celebrities › Re: Patoranking Presents Val Cake To Ayiri Emami's Wife! by Tinyemeka(m): 9:02pm On Feb 15, 2016 |
175: :-XPatoranking was called from Lagos to present the Valentine's Cake to chief Ayirimi Emami's Lovely wife , Asba Emami.
Is she crushing on Patoranking   When people I saw the name Ayiri Emami, I thought the cake would be brought in with a crane. This one looks disappointing to me. |
Nairaland General › Re: History And Facts About The Cullinan Diamond by Tinyemeka(m): 1:31pm On Feb 11, 2016 |
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Education › Re: Things You Never Knew Would Do The Trick (photos) by Tinyemeka(m): 12:40pm On Feb 11, 2016 |
EgunMogaji: Especially canned drinks.
The only exception is glass bottles but me I go mash that fucker into smithereens. Come mash your vehicle bumper join. |
Education › Re: Things You Never Knew Would Do The Trick (photos) by Tinyemeka(m): 12:33pm On Feb 10, 2016 |
EgunMogaji: That's lame.
If you can't depress a break pedal through a paper cup or plastic bottle then just hang it up. Even canned drinks? |
Romance › Re: You Want To Call Your Lover & Your Phone Is Dead... by Tinyemeka(m): 9:07pm On Feb 09, 2016 |
I don't have a girlfriend. |
Politics › Re: EFCC Detains Badeh, To Hold Amosu Over Arms Deal by Tinyemeka(m): 4:41pm On Feb 09, 2016 |
babafirst: Investigation on the pages of newspapers Please go to EFCC office if they are not cooling off there.Ofcourse newspapers must hear it nau and publish it.If it's secret it's you people that will complain. Why should they be cooling off in EFCC custody? Is that where they should be? |
Politics › Re: EFCC Detains Badeh, To Hold Amosu Over Arms Deal by Tinyemeka(m): 10:26am On Feb 09, 2016 |
I'm tired. I'm absolutely tired of all these toothless investigations on the pages of newspapers without a single conviction.
So saddening. |
Celebrities › Re: Cossy Ojiakor Shows Her Catfish Tattoo (photos) by Tinyemeka(m): 3:51am On Feb 08, 2016 |
kennygee: Only Cossy would get a Catfish on her body.
And that is the ugliest Catfish I've ever seen.
Since when do Catfish have scales?
She should go and collect her money back, cause 20 years from now, that fish will look like squids Where did she ever mention that it was a catfish she had tattoed? P.S The fish tattoo was intended to cover up a previous one showing a lady with bared brea.sts. |
Jokes Etc › Re: Names Of Boys That Will Impregnate Girls In 2016 (ur Name) Pics by Tinyemeka(m): 3:44am On Feb 08, 2016 |
My first name and surname are there o.  |
Celebrities › Re: Sheyi Shay Wore This To Church This Sunday (Photo) by Tinyemeka(m): 9:47pm On Feb 07, 2016 |
Nna, I didn't feel any emotional change, not to talk of being stunned.
You guys should ease off on the exaggerations once in a while. Biko. |
Politics › Re: #IAmANigerianNotACriminal: Nigerians Respond To Buhari Disparaging Remark Abroad by Tinyemeka(m): 5:29am On Feb 07, 2016 |
sameer1212: Keep quiet there. What do you know? Where have you been? The bitter truth is,Nigeria has a bad image in many western countries. My guy park well. If you are a criminal, stop trying to foist that image on others. Keep your views to yourself. |
Jobs/Vacancies › Re: Top 13 Highest Paying Companies In Nigeria 2016 by Tinyemeka(m): 10:35pm On Feb 03, 2016 |
abbey621: If any of these companies pay their staffs less than 500,000 Naira a month then it's really unfortunate! The average salary of a floor cleaner working full time in America is about 400,000 Naira, average salary of a secretary working full time is about 600,000 Naira so can somebody tell me what's considered a high paying salary in Nigeria?  Abegi! What's the Dollar figure? Per month. |
Politics › Re: Senator Abe Walks On Bare Feet In His Community (Photos) by Tinyemeka(m): 10:16am On Feb 03, 2016 |
One former President once had no shoes. This one currently has no shoes. Buhari bet why?!  |
Christianity Etc › Re: ''Why We Transferred Father Mbaka'' — Catholic Church by Tinyemeka(m): 12:46am On Feb 02, 2016 |
Suppose Fr Mbaka had been transferred to Obollo Afor?Or even sent on a 10 year course to Germany like Fr Obodo of Blessed Sacrament Parish? |
Events › Re: Amazing Wedding Pics Of A Nairaland Couple from Texas (see Gorgeous Pics) by Tinyemeka(m): 10:18am On Jan 31, 2016 |
I feel disgusted when I see guys who wear shoes without socks. Like the one standing to the right in the third pic. On a wedding day for goodness sakes. |
Celebrities › Re: Checkout Tunde's Crush Tweet To Toolz Way Back 2009 by Tinyemeka(m): 10:15am On Jan 31, 2016 |
ShakurM: Answer that Dm n Pm ladiessss!  The AM too. Don't forget the AM.  |
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Celebrities › Re: Davido With Wizkid's 2nd Babymama, Binta Diamond Diallo (Photos) by Tinyemeka(m): 9:48am On Jan 26, 2016 |
In the happy words of Prof Santa Claus, 'Ho Ho Ho Ho'.  Na laugh I dey laugh. |
Romance › Re: How The Gift I Innocently Got For My Boss's Daughter Got Me Into Trouble by Tinyemeka(m): 10:32pm On Jan 25, 2016 |
Perfumes aren't the solution to body odour. They'd only mask the smell and a catastrophe will ensue when the odour eventually breaks forth.
A better option is to use antiseptic soaps/liquid while bathing and lockup the sweat with an antiperspirant.
@OP, I suspect that you had an ulterior motive in gifting the perfume to just the eldest sister when the younger siblings had similar needs. |
Education › Re: Why You Must Avoid Carryovers At All Cost As An Undergraduate by Tinyemeka(m): 6:05pm On Jan 21, 2016 |
Got my second highest score in JAMB from Biology (English had always been a bonus). Entered Uni and thought it was the same old Biology I used to smash. I scored 36. Lord knows how devasted and disappointed I felt (not to talk of the panic). I never took such chances again. 2nd semester was A. Same as the first semester course, when I had to re-write it the following year. Carryover is a terrible evil that does wonders to one's GP.  |
TV/Movies › Re: Channels TV Anchor's Phone Rang On Live TV (Photos) by Tinyemeka(m): 11:53pm On Jan 19, 2016 |
Reference: Started watching CNN since 1989. Virtually every newscaster has been caught. It is not a matter of 'if' but 'when'. But a ringing phone. That's a new low. Can't see his survival after that but....this is Naija. He maybe the Senate President's wife's uncle's cousin's nephew's third child from the fourth wife...  I went on YouTube and discovered that he's not the first culprit.  |
Politics › Re: Budget: PDP Member Points To Error Made By President Buhari by Tinyemeka(m): 10:53pm On Jan 19, 2016 |
vedaxcool: This sort of error if true is common, while whoever who drafted the letter should have been more careful we should note this seems like a auto-fill error that computers do, like if you type dec, the computer could give an option of December. . . but trust zombie wailers defenders of corruption to wail over nothing. Awon iranu jati jati. Do you know the meaning of proof reading? You do a great disservice and utter disrespect to the highest office of the land by that comment of yours. This is what you get when people abandon the job functions they were assigned, and go about cleaning shoes. Damn shame. |
Travel › Re: General UK Visa Enquiries - Part 3 by Tinyemeka(m): 5:25pm On Jan 19, 2016 |
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Celebrities › Re: Denrele Falls & Injures On Set Of "Pepper Soup" by Tinyemeka(m): 10:22am On Jan 19, 2016 |
I hope camera was still rolling o, cos that fall and bleeding look so convincing. He shouldn't let all that blood loss and pain experienced, go to waste.
They should include everything in the movie. |
Travel › Re: General UK Visa Enquiries - Part 3 by Tinyemeka(m): 9:28am On Jan 19, 2016 |
justwise: Ok i get that now.
Your company is not ripped to be used as tie to Nigeria. You need to be trading for at least one year and pay tax on your earnings then the ECO will be able to determine strength of your company. Good morning sir. How do I get form VAF1B in PDF please? Thanks. |
Travel › Re: General UK Visa Enquiries - Part 3 by Tinyemeka(m): 7:18am On Jan 19, 2016 |
Good morning all.
I've been looking for a source to download family visit visa form VAF1B in PDF. All I've been seeing are student visas and others.
Would appreciate assistance from the house please.
CC. Justwise
Thanks |