An American bank partnered with a Nigerian man to launder $308 million of Nigerian government money.
The money left Nigeria through American banks. It then sat quietly in a shell company for years while the man lived comfortably in Texas.
In 2003 American authorities arrested him. He spent six months in federal detention in the United States waiting to be tried.
Before the trial happened he offered to return $163 million.
America accepted. He flew back to Nigeria.
Nobody questioned him. Nobody charged him. Nobody prosecuted him.
He ran for Senate and won. He ran for Governor and won. He ran for Governor again and won.
America returned the $308 million his operation had laundered.
The new president then put him in cabinet.
America did not trust Nigeria with the $308 million.
They tied every dollar to three specific roads. Lagos-Ibadan Expressway. Abuja-Kano Road. Second Niger Bridge.
They even included a clawback clause. Misuse one dollar, pay it all back.
Why the conditions? Because previous loot returned to Nigeria had already disappeared.
Nigeria's own government told the court they had no record of how the earlier billions were spent.
A man who laundered billions is currently Nigeria's Minister of Budget and Economic Planning.
He decides how Nigeria spends its money.
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The impact of Geometric Power in Aba is unbelievable
I can't wait to set up an office in Aba by Q3 this year!
The city is enjoying a massive influx of businesses primarily because of good governance and then electricity
Kudos to the Gov and Barth Nnaji
Governor Alex Otti in Absu, Uturu today announced that all First Class graduates from three convocation sets across universities will receive automatic scholarships to pursue their Master’s and PhD programs in any Nigerian university.
He also directed the Head of Service to identify immediate gaps in the civil service, which will be filled by 100 exceptional graduates from the three sets.
In addition, the governor approved ₦200 million to support up to 100 graduates with innovative business ideas and enterprise initiatives, helping them start and scale their businesses.
SEYI LAW: 2023 election in the history of this nation is one of the most free and fair elections this country has ever had. Argue with me.
ZEKERI IDRIS:
First time I sent a work email at 6AM in the Netherlands, they called a meeting to discuss whether I was experiencing unnecessary work pressure of any kind, and they apologised if they gave me that impression 😂😂