bribed (3)

There are lingering doubts that various sources are trying to sweep under the carpet the huge sums of money found on the Freed Journalists by their captured Kidnappers who have shown great honour amongst thieves by denying the amounts credited to have been stolen from the journalists.Na 1.5m we collect not 3million
Photo:Fat Cat well fed recently kidnapped Journalists Deji Elumoye, Vice chairman, Lagos NUJ (left), Chairman Lagos Council, Wahab Oba and National President. NUJ, Mohammed Garuba on Oba and others’ arrival at the Murtala Muhammed Airport, yesterday. Photo: FEMI ADEBESIN-KUTI
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The four journalists released by kidnappers in Aba yesterday are now the subject of deep controversy following their disclosure that their abductors robbed them of N3 million ($25,000). In their testimonies to their colleagues shortly after they arrived in Lagos yesterday, the group, led by Wahab Oba, the head of the Nigeria Union of Journalists in Lagos state and a staff of the federal ministry of information and communication, Adolphus Okonkwo of the Voice of Nigeria, Sylvester Okere of the Champion Newspapers, and Sola Oyeyipo, another Lagos-based freelance journalist, said the kidnappers took away the money from them as soon as they were carjacked and driven into the bush. In an account captured by the Lagos based Punch newspaper, Oba said, “When we went for the NEC meeting, the Governor of Akwa Ibom State, Obong Godswill Akpabio, gave us N1m as fulfilment of his promise to bankroll a national seminar which we had in the state three months ago.

“He also gave each NEC official N100, 000 as transport fare. I also had some money on me because I had been travelling recently. Other people had some money on them too.

“The kidnappers collected all the money. If you value what they collected from us in terms of cash and other things, it is almost N5m. We had about N2.6m cash and the car which we bought not long ago valued at N2.4m was also stolen.”


These explanations constitute the first time that professional journalists are admitting in public to have collected bribes, in this case called “seminar bankroll” or “transport fare.” It is leading to a public gasp about the way journalists do their official business, and the legality of carrying such huge funds around in contravention of the Nigerian money laundering law. The men spent eight days in the den of the armed men in deep forests in the Southeast.



it had been reported that the journalists, in addition to participating in a National Executive Council meeting in Uyo, the capital of Akwa Ibom State two weeks ago, also visited Governor Godswill Akpabio and gave him a special award tagged 'Responsive Governance Award'. It is unclear what Governor Akpabio, a notably corrupt governor, may have accomplished to win the “award,” or even whether the award was officially recognized by the NUJ bylaws. 


Akwa Ibom state government house sources told our reporters that each of the journalists that met with Akpabio received bribes aimed at silencing the media. One source told our reporters that in this particular circumstance, each of the visitors individually received N1 million while the national executives of the National Union of Journalists, including the president, Mr. Mohammed Garba, collected a N20 million gratification from Mr. Akpabio.

Our sources further said that the information leading to the kidnap of the journalists emanated from the state, specifically from persons who were aware that the governor had doled out the bribes to the journalists. That may explain why they were trailed as soon as they left Government House, one source said. 



Recently, spotlight on the penchant of Governor Akpabio to use bribery as an instrument of official policy. In a high profile case meticulously covered by SaharaReporters, we demonstrated the "gift" of a bulletproof Mercedes Benz GL 450 SUV worth $500,000 to the chair of the Economic and Financial Crimes Commission (EFCC), Mrs. Farida Waziri. After we concluded the exposé, Mr. Akpabio hired some journalists to visit the state to inspect the vehicle, which he claimed to be a “security vehicle” owned by the state.

Further investigation revealed that the license plate on the vehicle displayed by Akpabio was fake, as it belonged to a different car make which was licensed to one Chief C. Orizu, with an address of Adotolo Nnewi in Anambra State. A few days later the supplier of the vehicle, Charles Ahize, also issued a statement in The Sun newspaper in which he contradicted the governor’s claims, saying he had privately supplied the $500,000 bullet proof car to Mr. Akpabio. This confirmed the car was purchased privately, contrary to Akpabio's alibi that it was owned by Akwa Ibom state.



The latest jamboree by the NUJ leadership to Akpabio and the granting of a dubious award to the governor was done quid pro quo to help him further evade scrutiny for his corrupt ways. It is instructive that the leaders of the NUJ in Lagos have studiously avoided investigating the source of the car Akpabio gave to the EFCC’s Waziri, even after the licence plate number found on the vehicle displayed by the governor bore a Lagos number. It is even more disturbing that the Lagos press has generally ignored the story even after the Lagos State government declared Governor Akpabio’s licence plate to have been forged.

It would be recalled that in one of our stories last April, following the invitation of selected journalists to Government House in an effort to discredit the story about Governor Akpabio’s bribe car, we wondered why none of the journalists asked any professional questions.



The possession of huge sums of cash by the journalists was already a source of rebuke by a police officer last week, who wondered aloud why the journalists had not traveled by air, given the long distance to their destination. But a Lagos-based journalist said that his colleagues probably didn't want others to notice when they returned to Lagos, as a quiet return from such trips enable them to hide the booty from politicians from such colleagues who may want a cut.

Also, a Lagos based attorney said that by their admission the journalists have contravened Section 1 of the Money Laundering legislation of 2004, which prohibits individuals from carrying more than N500,000 on them while companies may carry up to two million Naira.

The kidnapped journalists arrived Lagos yesterday in private jet chartered and paid for by the the Governor of Rivers State, Rotimi Amaechi.

As expected the revelations by the freed journalists have gingered Nigerians on the Internet. Social networking sites, chatrooms and internet forums are buzzing with the story and people are pressing for answers.

As one commentator asked, "Is the Lagos press going to investigate the obvious issues in this case, or are they going to protect their colleagues? Where did the journalists and their driver get a whopping N3 million that they admitted the kidnappers took from them? Under what conditions does the NUJ go around the country to give “awards” to politicians, and what was Governor Akpabio’s award for?

Are members of the NUJ executive immune to the provisions of the Money Laundering Act of 2004?”
Another commentator asked, “Can journalists who collect transport fare and mobilization fees report a governor professionally? This is a big scandal,” he added.

Kidnappers Deny 3m Cash Stolen No Honour Amongst Thieves & kidnappers

Contrary to the widely publicised statement credited to the just released Chairman Lagos Council of the Nigeria Union of Journalists (NUJ), Mr. Wahab Oba, from kidnappers den that the sum of N3 million was seized from them, the kidnappers were said to have denied the amount saying they only collected about N1.6 million from them.

It will be recalled that Oba on arrival in Lagos from Abia State Sunday evening, told Journalists that a total sum of N3 million was seized from them by the kidnappers.


Oba, who was also taken to the headquarters of the State Security Service SSS at Shangisha, Ikosi- Isheri Local Council Development Area Monday evening, told Vanguard that the kidnappers had put a call across to some people denying ever collecting such amount.

His words: "I was surprised when I saw the report today that a sum of N3 million was seized from us by the kidnappers. I must have been misunderstood, what I meant was that the total value of what the kidnappers seized from us would amount to about N2.5 million or N3 million in total value.


"At least about N1.6 million in cash was seized from us instantly while other properties such as Vehicle, a Serena Space bus, Laptop, camera, tape recorder, personnel effects, wristwatches, among other valuables should worth about N2 million.

"We got N1 million from Governor of Akwa Ibom, Mr Godswill Akpabio as a fulfillment of his promise to assist us for a project we are embarking on in Lagos while other money collected from all of us should be about N600,000



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“The minister is travelling to Benue to see his mother after he comes back; he will be travelling to Ghana. You know people are trying to cover themselves nowadays. It will be good if you help us by contacting your editor not to publish this story. I must tell you that I agree with you totally about the building of the hotel in Gboko but please my boss doesn't want to be linked into it. I am now protecting my Boss; I must be honest with you. Please! What do we do? I've work with the former minister of justice for three years before Aondoakaa came. When Aondoakaa assumed office, he now asked me to work with him. All we are saying here is that, his younger brother Odu is the one that build the Hotel. But if I were to be the Minister, I will not build such a Hotel in my village”, stated the Personal Assistant [PA] to Mike Aondoakaa in the person of Alhaji Diri over the new Hotel secretly erected by the embattled former minister of justice and attorney general.

New information recently made available indicates that Mike Aondoakaa recently commissioned a 4-Star Hotel in Gboko. The Hotel which goes by the name “Old Band” was supposedly built using the younger brother to Mike Aondoakaa as cover. The younger brother goes by the name Mr. Odu. This is as a source who is currently employed by Mike Aondoakaa confirmed to our correspondent that “the Hotel has just been commission recently. The minister was there pretending as if he is not the owner of the Hotel. He used his younger brother Odu as the co-financier of the Hotel located in Gboko. The hotel, Old Band Hotel cost over N500 million and there is no concrete evidence of a job the former minister's younger brother Odu has done to enable him build such a Hotel.”

Further inquiry revealed that the Aondoakaa's erection of the “Old Band” Hotel to be an open secret in Abuja and amongst select editors of major national dailies. According to the information gathered, the contractor who built the Hotel for Mike Aondoakaa is brother to a reporter attached to NEXT Newspapers. The NEXT reporter is the older brother to the contractor – and he lives at one of the many houses owned by the contractor in Abuja. In addition, a distant cousin to Aondoakaa who used to be employed by Daily Mirror was reported to dish out N3million monthly to select editors of national dailies. The editors were five in number. The money was dished out to silence the editors and the newspaper.

Aondoakaa's activities while at the realm of affairs in the ministry of justice have raised many eyebrows as to the level of near criminality. On his appointment as the Attorney General and Minister of Justice, the first action taken by Aondoakaa was to beckon on the President to issue a directive compelling the EFCC, ICPC and other anti-corruption agencies to first seek clearance from his office before instituting a case against any suspect. With this move, he rendered the anti corruption agencies toothless.

Aondoakaa recently was stopped at the Abuja Airport on his way to Rome. Following some clarifications and clearances, he was released to travel. Many suspect, Aondoakaa to be on the run.

Stay tuned Pics of hotel coming soon. scoop relayed via ukpakareports,Modernghana, and 9jabook reporters
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How Aliko Dangote blackmailed, bribed his way to NSE Presidency ! Aliko Dangote aka Chemical Ali Now, the die is cast. Nigerian investors' fears over the emergence of Aliko Dangote a Nigerian Stock Exchange (NSE) Council President seems to have triggered a race to the bottom as more savvy institutional investors are re- channeling their funds to the ’safety’ of government securities, treasury bonds and real estate. It was intrigues and maneuver galore marked by intimidation, blackmail and shady financial dealings that eventually saw billionaire business magnate, Alhaji Aliko Dangote emerge as the 17th president of the Council of Nigerian Stock Exchange (NSE) through what was said to have been a unanimous voice vote. But when a man with a big question mark hanging over his morally-deficient, corruption-bedecked neck is chaperoned to the topflight throne, it will take the greatest miracle after the resurrection of Jesus Christ to get the NSE back on track. The fact that Dangote; a prime suspect in the share manipulation scam involving African Petroleum (AP) Plc stock prices of Femi Otedola is now the man who will be calling the shots at the NSE, proves, in the words of an NSE source that: “Nigeria’s capacity to shock and scandalize is infinite.” Huhuonline.com has learnt that Dangote arm-twisted and bribed his way to the NSE presidency, dishing out as much as N3 million to each NSE Council members who subsequently “elected” him by acclamation. Also nominated was Erastus Akingbola, the Group Chief Executive of Intercontinental Bank, as the NSE 1st Vice President. Akingbola’s nomination, Huhuonline.com has learnt was the climax of horse-trading and sheer clunker philandering. Dangote has been at odds with Akingbola after Intercontinental Bank Plc, petitioned President Umaru Musa Yar'Adua asking for his intervention to help compel a "debt cabal" led by Dangote to re-pay the loans it took from Intercontinental Bank. In a petition sent on its behalf by A.O.S Practice, a firm of legal practitioners, and dated August 5, 2009, Intercontinental Bank described Dangote as a loan defaulter and “rabid debtor” who is being daily serenaded in the media as an affluent Nigerian. A look at the three Dangote companies indebted to Intercontinental Bank as contained in the said petition shows that their cumulative debt profile stands at about N35.8 billion. Intercontinental Bank also said: "To proceed to sue these institutions as ordinary legal dictates would suggest, is to get bogged down with the legal technicalities and slow pace of the adversarial practice of our judicial system, which these cabal would engage to wear us down.” Recall that Aliko Dangote had been under intense pressure to resign from the council before the Annual General Meeting (AGM) of the NSE. The erstwhile NSE president, Oba Osundeko had asked Dangote to resign prior to the election, due to the market’s perception of Dangote’s alleged role in a price manipulation of African Petroleum Plc’s shares. During a routine meeting of the NSE council in Lagos A committee of the council reportedly met and appealed to Dangote to resign. But Dangote reportedly played hardball, employing underhand tactics and blackmail to force Osundeko to back-off and play ball. One of the issues involved Pivot Engineering Company owned by Osundeko which failed to execute government contracts awarded to it but collected payments. Besides, Osundeko was also a member of the “debt cabal” and was neck deep in debt to First Bank. In its petition, the bank made "a clarion call" on the President "to dismantle this cabal that is hiding under the auspices of the Federal government's fiscal and economic policies whilst gang raping our client, as with such other well meaning banks, that oil the economy of this great country. This gang-rape is obviously because we lack a credit registry or bureau in Nigeria where information and data on the credit history of persons and companies can be accessed to determine their standing in relation with other banks." Although Dangote has denied that he owes the banks, Huhuonline.com investigations showed that Dangote group of companies have a debt overhang of about $400 million (N58 billion) owed various Nigerian banks and hopes of the affected banks to recover the loans are fading. Debtors like Dangote have seemingly kept the banks in suspense, forcing them to categorize the liabilities as bad debts that are being written off to cleanse the financial institutions' books. The Central Bank of Nigeria (CBN) is flooded with petitions from some of the distressed banks, over difficulties in debt recovery, especially from the major five debtors including Dangote. Already, three banks have written off over N76 billion in loans, thereby assailing profitability and dividend payouts. The choice of Dangote does not inspire investor confidence as he owns six companies (Dan sugar, Dan salt, Dan Flour, Benue Cement, Chevron Texaco, which are listed on the stock exchange. What will eventually happen when Dangote becomes privy to insider information about the stock prices of his companies can be anyone’s guess. But this apparent conflict of interest has created a propitious scenario for insider trading and share price manipulation which Dangote is an expert. The fact that Dangote suffers from incurable money-mindedness and will stop at nothing in his quest for personal gain is an ominous sign of the times that bodes ill for the future of the Nigerian Stock Exchange.
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