₦airaland Forum

kalokalo:
I think Dangote is even wealthier than Forbes attributes to him when you consider his unlisted companies like Dansa Foods Limited, Integrated (Oshogbo)Steel Mills, Savannah Sugar, Alheri Engineering (long distance telecoms service), Equity Energy Resources (stakes in upstream oil-fields), Green View Property Development (Luxury High-rises in Abuja, Ikoyi, VI, Kano), cement assets outside Nigeria, 25% of MRS (Owners of Chevron Nigeria)

How much is the above worth? In any case, the guy is made for life

made for life? are you kidding? the dude is made for next life if any!

reindeer:
If the Uk government will now be sincere, they should now repatriate all the monies stored in their backyard!
What good is it when you jail people one at a time and you know that the leaders will keep sending their country's money to your banks.
I wish to see Ibori's behind rot in jail, but i also wish for more sincerity from these western governments.
These people know about every corrupt Nigerian who has an account in the Uk, yet nothing is done to stop this.I was amazed at the speed with which America and the EU froze assets belonging to Ghadaffi and his sons, meaning they knew about this billions all along and did nothing till this sh.it hit the fan
Stop all aids to Africa and stop taking money from their rulers, then can you really say you are interested in development, forget USAID and British council, they are only returning peanuts from Africa's money kept in the corrupt banks.
I dey vex

I don't understand what your point is, are you saying Banks in the UK should stop accepting deposits or investments from people they "perceive" as corrupt? That's totally impractical, and i'd suspect you are being irrational and unnecessarily emotional.
The world is a global community and the banks are there to connect those in need of funds with those that have it in surplus.

Until the recent uproar, Ghadaffi was a leader of a very stable government, if the UK or the EU decides to freeze his assets just for nothing's sake, then they'd be treading on a very dangerous diplomatic lines.

If you want sincerity, you should seek to establish it first within your own home.

@Topic

Depends on the occasion.

If we are talking about some serious no strings attached coitus interruptus erotics, then A will be the way to go.

If I am looking at a more stable relationship, B is just appropriate for me.  I'd take the classic figure over the slutty one any day any time.

@Sagamite

Quite amazing what you ve been studying these days, i would assume this has no bearing whatsoever on strategic consulting, or does it?

This Bashorun Randle must have an exaggerated opinion of himself!

[flash=525,325]
https://www.youtube.com/watch?v=ukHOetiCr-Q?fs=1[/flash]

Pukkah:
Although not a plausible excuse, unemployment is indeed a major contributory factor to social problems one of which is armed robbery. There is a clear link between unemployment and crime rate anywhere in the world. While arresting robbers and prosecuting them as well as general beefing up of security are direct means of combating armed robbery, an indirect but enduring way to do so is by creating jobs for willing people.

Check any country in the world that has a low crime rate and you'll see a nexus between that and unemployment rate.

I quite agree with you on the link between unemployment and crime rate. However, the unemployment situation is a problem that is largely due to irresponsibility of the federal government, and many other state governors who lack the basic clue on how to provide an enabling environment for their state citizens. The unemployment situation in Lagos is mostly attributable to mass migration from neighboring states, and according to the laws of elastic limits, an object can only be stretched to a certain point before it approaches it's breaking limit.

obowunmi:
^^^ when there are no jobs for the youths ?

Is that meant to be a plausible excuse for armed robbery?

Judge Christopher Hardy sitting at a packed Southwark Crown Court today told Bhadresh Gohil a partner at Arlington Sharma Solicitors and James Ibori’s lawyer; “you have brought shame on your family, your profession and your country” as he handed down a sentence of over 7 years to him. (Sentence Count 1; Conspiracy to defraud -7 yrs , Count 2: Conspiracy to make false instruments - 3 ; 5 years and count 4-8 involving Money laundering and Proceeds of Crime-
3 years)

Gohil who was already in custody at Wandsworth Prison following the conclusion of another trial involving Ibori’s wife, sister and mistress was told by the judge, “ You were a solicitor of the supreme Court and holding out as a man of integrity”. Adding “It’s said the real villains are in Nigeria, but this fraud required special expertise and you lent yourself to it”. Gohil was described by the judge as the “architect” and the predicate offender in a thoroughly dishonest scheme which had been devised simply to divert resources of Nigerian state funds into the pockets of others from the sale of ‘V Mobile’ shares, the third largest wireless network in operation in the whole of the African continent now known as “Airtel.” Gohil went to extra ordinary lengths to carry out the fraud with no regard for his professional duties. In fact the police found evidence implicating him in fraud in another case already heard concerning Mr. Faustin Kabwe of Zambia who is already serving a sentence.

Sasha Wass QC for Prosecution told the judge that are two elements to this crime; “the Fraud and the Money laundering”.

In 2005 whilst James Ibori was the Governor, the Delta State owned 18% of the shares in V Mobile and The Akwa Ibom state owned 10% with Obong Victor Attah in power. Both were on the board of V Mobile and privy to all the dealings. So in June 2005, when a sale of the company was considered there were already offers on the table from major international operators such as Vodaphone, Virgin, Celtel and Econet amongst others. By late 2005 the market had been fully tested and although there was no requirement for any additional advice and due to the greed of our leaders, both James Ibori and Victor Attah together decided to plunder the asset and divert funds to their own coffers.

Other Nigerian officials accused in the scam are currently at large. They include Mr. Ibori, former Governor Victor Obong Attah of Akwa Ibom, David Edevbie, a former Principal Secretary to Umaru Yar'Adua, Love Ojakovo, a former commissioner of finance to Ibori and Henry Imashekka, a business associate of Ibori.

Gohil was recruited and it was he who masterminded a simple scheme and set up a fake company as a consultancy called ADF (Africa Development Finance) which would charge exorbitant fees ( five to six times of that charged by top UK solicitors, for their alleged service and to arrange the sale. Gohil created a pretence that it was necessary for the Delta State and Akwa Ibom state to consult another company-ADF and charged $19 million and $18m respectively and sent to Access bank in Nigeria.

The basis of the fee would be a 5% flat commission and 25% -30% success fee for any price achieved over $6.5 per share. This even though the market was already established at between $6.45-$8.05 per share. The prosecutor Sasha Wass said “it is like betting after a race is concluded”. The fees were not legitimate or necessary but merely a mechanism to divert money to James Ibori and Victor Attah. It was always intended that no work would be undertaken but money diverted. Mr. Gohil from his luxury offices in St James in London, created a false paper trail by his own efforts and by instructing his junior trainees. A false agreement was typed up and Gohil forged the necessary signatures.

Once funds were received at the Access bank in Nigeria various company vehicles were used to launder the cash including Brookes Aviation, E F Samuels, Ascot Offshore Nigeria Ltd, Esconet and Cran Brasil Nominees Ltd. Both De Boer and McCann were FSA approved and were recruited by Gohil to play a part

The Judge also told the co defendants ; Lambertus De Boer aged 65 and Danial MCann aged 68 that, “I am satisfied that you were both drawn in innocently in Mr Gohil’s schemes and if you had not been then it would have been very serious for you”. Although both co-defendants’ lawyers made a case for suspended sentences, the Judge said that “Court of Appeal says that white collar crime is still a crime” and handed each a 30 months custodial sentence.
Mr. Gohil faces further sentencing regarding an earlier trial known as “Ibori Trial 2” which concerns the trial of Ibori associates already sentenced to five-year jail terms , that sentencing is adjourned till April 8 2011.

http://www.saharareporters.com/news-page/v-mobile-37million-shares-fraud-bhadresh-gohil-ibori%E2%80%99s-uk-lawyer-sentenced-7-years-prison

Pro GEJ
Lol

Sorry maam, I am no Pro GEJ, in actual fact, I am on the leading front of a campaign against the current government and at the moment, planning a massive twitter war against PDP shenanigans!
That said, i would however, not think with my árse hole and stoop so low to blame personal misfortunes on the government, it's an irresponsible thing to do. 
The facts are there,  plane took off from point A, developed faults mid air and crashlanded at point B, but due to the fact that opposition leaders are on board, we just had to blame the rival party for their woes?  Common!  how low can anyone get?

seanet02:
Yeah i also agree with you. GEJ is not responsible for the withdrawal of TINUBU's security details, it's a mere coincidence that this has never happened to GEJ, GEJ is also not responsible for the death of tens of people at PH. GEJ is also not responsible for the Maintenance of Airports, you forget to add that it was only a mere coincidence that this has never happened to PDP members at the same airport before even PDP governors use it almost daily.The way some nairalanders think is frivolous.

funny how you are desperate to prove a point, and the more you try, the sillier it comes across.

Who do you suppose we could blame on the near death crash that OGD and Demeji Bankole experienced a few weeks back? I am no supporter of PDP but, common people, let's let common sense prevail here, GEJ is not a pilot, neither is he part of the cabin crew, we should really stop looking for answers where there is none!

[quote author=eku_bear link=topic=619406.msg7872241#msg7872241 date=1299602732]Tinubu, Ribadu and Adeola should travel in separate planes if possible, imo. Mysterious "accidents" seem to frequently occur when dealing with the PDP[/quote]They trio were not dealing with PDP in this case, they were on their way to their own Presidential rally, i don't see how PDP is remotely involved or how the accident seem to have anything to do with Politics to even begin with.  Travelling in separate plans is less indicative of anything, accidents happen everywhere, and i wouldn't think that's the first time the trio were travelling together

debosky:
Joblessness at work - here I was thinking this was about someone flouting Nigerian laws or something.

na real war o my brother!

There's a cloud of sadness built up in quite a many folks minds these days, you'd be amazed the sorts of things that could get em upset in a heartbeat!

seanet02:
This is a Deliberate attemp by PDP to kill this People. May God Protect TINUBU and co from the Evil of GEJ and his barbaric Animals.

Yeah i agree with you, GEJ is also responsible for every diarrhea and chest pain suffered by opposition leaders.

The way some Nairalanders think is incredible!

Is there a documented right somewhere that makes Nigeria the giant of Africa?  

People should really get a life, try something else like weave a basket or go tap some wine, it's useless whining over issues that makes absolutely no sense.

It's my opinion that Zimbabwe is the giant of Africa, you don't like it? choke yourself!

World organizations, government and private sectors have being trying to fight poverty for so many years, up till now nothing has been done to put an end to it.

You can't solve a problem that has taken hundreds of years to build in just a single night, it takes a process and saying nothing has been done is an absolute lie.

To start with, there ought to be some sort of re orientation of the African mentality that the more children you have, the more influential you are.  It beggars belief to think in many cases, folks who could barely feed have the most populous households, something is definitely wrong fundamentally.

Additionally, to effectively fight poverty, there has to be an enabling environment. When you live in a country where your government wouldn't mind buying even toothpicks from abroad, then there is a BIG problem, we are in deep shyt!

To further foster an enabling environment, the government ought to consider enforcing minimum wage laws across both private and public sectors to stop people from being exploited.  I am also of the opinion that certain markets such as housing markets should be regulated, the government might consider putting a cap on the maximum an individual could pay for rentals in a given month.  Ordinarily, the housing market ought to be self regulated by several other market factors, but hey, we are talking about a system where nothing works, and that itself is the father of all poverty causes.

I am surprised that Nairalanders are surprised at events such as this. It's not as though we ever had it any better, so why the ?

We all know that the Judiciary has long been heavily compromised by PDP thugs, there's no point dropping jaws over this.

Nigeria's president, Goodluck Jonathan, has finally agreed to participate in a televised presidential debate to be hosted by Lagos -based NN24 cable station.
Jonathan had initially refused to participate after the station turned down his request to have the debate questions sent to him in advance.

The station had no option but to suspend the debate until today. A source at NN24 told SaharaReporters today that Mr. Jonathan has agreed to participate in the debate "unconditionally".

The debate is now scheduled to take place on March 18, 2011. All the major presidential candidates had earlier agreed to participate without imposing conditions.

The debate between the vice presidential candidates will take place on March 11, 2011.

In the 1999 election between then Olusegun Obasanjo and Olu Falae, Mr. Obasanjo refused to debate Olu Falae, the opposition candidate, because he was viewed to be ahead in the polls. In 2003, the planned debate with Gen. Buhari did not take place due to poor planning.

Last month, the sitting governor in Abia State, Gov. Chief Theodore Orji, stormed out of a planned debate with his opponents. His reason was that the debate organized by the Catholic Church had a hostile environment.

Despite twelve straight years of democracy, Nigerian politicians have continued to show disdain for its basic tenets. Campaigns are devoid of issues and candidates show little interest in agenda-based campaign aimed at solving the numerous problems confronting Nigeria.

http://www.saharareporters.com/news-page/finally-jonathan-agrees-television-debate

could someone explain this?

"At least, 3, 250 members of the Peoples Democratic Party"

Does it mean 750 members? or 3,250 members?

I suppose this is one of those cases where spaces in between commas make a lot of difference!

birdman:
while you are going off on African leaders, do remember you are African yourself. And the led are no better than their leaders.

This has got to be the most bizzare I have ever heard of all theories, to which i take strong exceptions.

It's been three months, a sovereign nation is without a functional government, diplomacy, we are told, is continuing, it's already a lost cause! The window for diplomacy after 3 months, is gone in my opinion. What is left now is for Gbagbo to now entrench and forcefully legitimise his regime , expand and intensify the empty propaganda, step up the violence and killings and in due course, may gain the support of the masses and eventually the worst would be to share power. Sometimes justice, they say, delayed is denied.

Several news outlets are now confirming the fears of the UN general secretary of the possibilities of a civil war , and our leaders are still 'talking' - no action yet after three months of disputes. Our African leaders have failed us again, that we really still can't figure out yet exactly what we want for our people and our land. The idea of who won the elections is absolutely not in doubt except by Gbagbo and his cohorts and we should not waste any time at all addressing who won the Ivorian elections. All the spins doubting Ouattara's win of the elections are nothing but baseless propaganda.

ECOWAS took a solid decision to resort to the use of legitimate force to force Gbagbo out of power should diplomatic efforts to get him to cede power fail. Ghana was a signatory to this noble idea. Diplomacy is however said to work best when both sides are aware of the worst possible consequences should the talks fail. This idea has always served as a psychological buffer in driving various diplomatic talks to the usually desired results and in this case the intended military action appropriately served this purpose. To this end, any deliberate attempt to undermine the military option effectively undermines the efficacy of the diplomatic talks. Just as the talks were gathering momentum with Military officials strategising on the best way forward,, ENTERED PRESIDENT ATTA MILLS OF GHANA.

KenGali:
Am not a fan of Ribadu, but it is really pitiable and annoying at the same time to keep hearing the young generation of Nigeria, keep repeating a colonial bondage on how the ability to succeed is in speaking Impeccable English. What a wasted 50 years of independence! May be Chinese are leading today due to how good there leaders speak English?

I am ready to bet my last penny that you wouldn't tolerate any of your kids speaking Engerissh in the place of English.  If so, why not live by what you preach?

African leaders are as clueless and dumb as dumb could be!. . It's obvious to even the blindest sight that diplomatic measures wouldn't resolve shytt in Ivory Coast, hundreds are dead already, probably a few more to die in the coming days, and yet, these Old good for nothing fóols keep holding stupíd meetings and what not!

Sun of god:
The video is inconclusive.

Nobody can say whether the army were firing into the air to disperse the crowd or even whether they were firing rubber bullets.

One thing I do know is that army cannot be as brutal as ecomog.

Ecomog soildiers will kill anything moving and get away with it.

at the start, we saw peaceful protesters in the streets,. . . .then gun shots. . . .then bodies lying everywhere, how conclusive could it get?

It's n amateur footage, you wouldn't actually expect someone to standby and film a direct shooting taking place, would you?

ECOMONG is a good for nothing set up!

One would actually think the body and it's leadership had real plans for anything serious!

How did they arrive at 20 billion dollars when a meeting hasn't been held yet

50080 :d

@OP

Who do you recommend in place of Fashola?

****waiting patiently for poster to dig his own grave****

Everyone is simply talking about voting them out---no on thinks about voting the right ones in, which ought to be the more important trail of thought!

ídiots shedding tears for a criminal!

If Bode George were Chinese, we wouldn't even be discussing him nymore!

Vampire's assistant

Still blinded by the spell cast on me, I[b] borrowed money[/b] to buy a cow, household items, bags of rice, a television set, tubers of yam and another two giant loud speakers

what??

Thank you all

gotta stop the holidays for a bit, time to start building!

Time2Think:
Whats this for? what has the word dunce got to do with the issue on ground? I take exception to that. If you call everyone in here names, kindly stay away from me.

Imagine you walk into a crowd, and without provocation starts to call someone a dunce, dont you think everyone will run away from you, thinking you are getting mad?

When you come to a congregation, you size everyone up and determine which one you can talk to - some are riff rafs which by their utterances, you just know are low lifes which you should avoid. This is what you have proved.

I can argue that i haven't even called you a dunce just yet. . . . .  the "dunce" statement follows up from the initial one which clearly defines who a dunce is,  . i.e; someone who takes everything fed to him hook, line, sinker. . . no questions asked.

I apologize if you felt insulted, . .it's time to think!

death hammer from OBJ

i dey laugh o