aycamp:
Smart move by obi those saying it is against the law what do you know about the law have you visited anambara state before that state is steadily progressing thanks to people like obi those saying rubbish what has your governor done for your state so far to the best of my knowledge nobody in anambara is crying faul by obi...hypocrite everywhere

But it won't be a smart move if it is Tinubu...

KAHBOOM:


It's like you are her PA.

If u really watched buhari and atikus interview and didn't see any biasness in that interview then you are a biased Apc fan.

Her aggressive body language and her mumu questions like atiku and his state govt bin the highest employers of labour exposed her.

She did well.
Did you see in the interview of Buhari and Osinbajo, where they made unnecessary claims and statements?

Atiku/Obi wanted to subject her to ridicule and nobody would condone that especially when such ridicules are irrational.

MarianaTrench:


There is a conflict of interest in investing state funds in a company controlled by a governor and his close associates you móron!

My intepretation of his explanation

The Brewery offered Peter Obi a 15 percent personal stake in the company but he declined in order to avoid conflict of interest and suggested an alternative course of action.

He invested in his capacity as governor and custodian of the states finances on behalf of Anambra state, in Anambra states name, to 30 million dollars in International Breweries. Which was a ten percent of the company shares.

On his suggestion, the International Breweries then sold 5 percent shares which is15 million dollars to his parents company which he allowed since he had no personal involvement in equity or oversight in the company. Therefore his parents company coughed out 15 million dollars out of pocket to invest in the venture.
And if you do a little research on tbe company, they are a FMCG company with subsidiaries in UK and various cities in Nigeria. They are not a paper company. So i believe they could come up with 15 million dollars.

So at the end of the day, he did not invest Anambra state funds in his parents business...
...Except it can be proved with evidence that Anambra state borrowed or gave his parents the 15 million dollars to buy a 5 per cent stake in International Breweries...then that will be wrong.

Twas a risk and they could have lost their money.

If other state governments can take a cue from this and invest state funds in private business, i am sure they will be less inclined to tax those companies to death

Sannisege:
so where the $100 millions dey? Make Obi dey press your mumu button

This guy is a kid, nobody should reply him. Funny.

PsalmS Job..Psalms Job, Pslams Job.laughs.

That brewery is not Peter Obi's company. Its a big multinational firm. Please read am well.

psalmsjob:


Shola! Shola!! Shola!!! E melo ni mope e? Give yourself brain!

Let's say he is truly interested in the people of Anambra like he said and he gives $30million which is equal to $1000 each for 30,000 traders. How far do you think that would have gone by now?

Peter Obi invested Anambra state money in Peter Obi and Company for the future of Anambra State he says yet wailers says it's okay no conflict of interest in that clear stealing by trick.

It's the same story like Atiku said "I will enrich my friends if I become president" and "I will sell all government properties...to my friends...at discount price"

Atiku Abubakar is a Boldface-Thief while Peter Obi is a Cunny-Thief...No Vote For Thieves o!

rusher14:


But against the law.

It means you are using state money to enrich yourself.

It's funny how you might think it's ok but when an unsubstantiated story of a relative of Buhari bought a distressed bank, many of your brought your daggers out.

Where did they get the money to buy distress banks? And why were they not bold like obi ti defend their actions. Cowards and thieves in the corridor of power is all I see

MarianaTrench:


I have Big 4 audit experience...whenever you see convoluted shareholding structure such as this just be sure there is some fraud involved somewhere

Its clear enough. If this is what happened ,the best you can find him guilty of is insider trading. Which is inconsequential by Nigerian standards compared to embezzlement that is the norm among government officials.

Like i said, unless it xan be proved that Next International got their 15 million to invest in international Breweries from a dash or borrow by the Anambra state government...we will let it slide.

After carefully reading a lot of comments under this session, I now believe a lot of Nigerians are intellectually incapacitated. I can't believe people can't just read and understand. Such a shame..

Guys,
Please don't be silly. It is a Conflict of Interest to invest State funds in a business owned by your family. Whether or not it makes money for the state, it does not absolve you of your responsibility to set the moral standard for the state.

Useless frustrated old man. The fraudster Okoroawusa has destroyed Imo state with humongous debt with nothing to show. I spit on Imo state


[s]

Abagworo:
The highest scammer ever.

[/s]

Sirjamo:
What's the difference between what Obi did and what Babachir did?

Obi put government money in his family business

Babachir put government money in his personal business

Obi's family is not the owner of the company while Babachir is the owner of his company. I hope the difference is clearer now. Stop comparing apples to mangoes because of sentiment.

NwanyiAwkaetiti:
How? Because he invested on behalf of his state? He's empty If he's empty thrn APC candidate is what pls?

Other state governors should learn from him.

Stop thinking like an igbo man and start thinking like an educated person.
Obi's action alone is enough to have him jailed.

Sannisege:
Peter Obi is very empty. A mediocre personality. His mediocrity was glaring for all to see yesterday. God forbid Atiku/Obi win the coming elections. Their looting go pass GEJ’s government own

Keep quiet

Sannisege:
so where the $100 millions dey? Make Obi dey press your mumu button

Check your father's account, you will see it

sholatech:
PsalmS Job..Psalms Job, Pslams Job.laughs.

That brewery is not Peter Obi's company. Its a big multinational firm. Please read am well.

Okay o ...but my question is; if Cunny-Thief Peter Obi gave $1000 to 30,000 traders in Anambra don't you think they would have almost turn theirs businesses to multinational Companies themselves by now almost 10 years after? Instead of giving an additional $30million to a multinational company that's supposedly ready to invest in Anambra State instead of giving them tax wavers at most.

Great2017:

Obi's family is not the owner of the company while Babachir is the owner of his company. I hope the difference is clearer now. Stop comparing apples to mangoes because of sentiment.

There were two separate investments mentioned one to the so called multinational brewery company and his parents business which in his own words he managed before he became governor and that since he wasn't actively involved in the business again, just as Babachir the former SFG said and you condemned him and Bugari sacked him, he invested in both companies with the state government money.

Peter Obi is a Cunny-Thief while Atiku Abubakar is a Boldface-Thief. What a combo!

Learn to say the truth even with a shaking voice and nothing defeat you!

Shayetet13:
If i see a lucrative business there is nothing stopping me from asking everyone i know to invest in it. Whoever has money can invest! I see no issue here. My family and a state government i control, investing on the same lucrative business with their various monies is not a bad thing

investing states fund in his family business is unconstitutional , its an act of corruption

rusher14:


But against the law.

It means you are using state money to enrich yourself.

It's funny how you might think it's ok but when an unsubstantiated story of a relative of Buhari bought a distressed bank, many of your brought your daggers out.

did u said he invest state money on his family business?

correctguy0900:
Nonsense. I see a clever thief.

Where in d world are public office holders allowed to invest State money into a family company.

Tell this to Chinese and see u go down 6ft. But will eat corruption here as 3sq meals daily.

why are you people not talking bout the work employment that brewery created for Nigerian thousands of Nigerian are living on that company all u care bout is fault fault fault ....that is why we re here.....

This Obi Scam taken too far. ..he should be presecuted
Another Fake Dubai Strategy

igwefivestar:
did u said he invest state money on his family business?

Yes.

sholatech:
There is nothing illegal in this investment. He didnt own the company that the state govt invested in.no conflict of interest in any way here.

Are you joking?

If No, your employer needs to sack you.

CuteMaro:
I was totally impressed by Atiku/Obi.

Even the host was too as she marveled at such intelligence. She came with the usual allegations and was sounding pro Apc but I bet at the end the Apc will be totally ashamed.

Being my first time of watching Atiku speak, compared to Buhari's outing on same platform, I must say I am impressed at his calmness and composure while carefully dishing out well articulated answers to the questions. As for Peter Obi, nothing less can be said of him.

On this note, I want to join my brother FireFire in porting to the Atikulated Camp. Although I was never a wailer sha, i was just uninterested.

welcome on board. Together we must send the bloody tyrant back to his cows

sholatech:
There is nothing illegal in this investment. He didnt own the company that the state govt invested in..no conflict of interest in any way here.

My friend keep quiet. The only thing legal here is if he uses his own money, not state owned. Don't be a blind follower just because you hate the opposition

Ray97:
obi just bringing atiku and pdp out.. chaii

this people think motivational speeches is the same thing as leadership

former governor my guy ,his not a motivational speaker

psalmsjob:


There were two separate investments mentioned one to the so called multinational brewery company and his parents business which in his own words he managed before he became governor and that since he wasn't actively involved in the business again, just as Babachir the former SFG said and you condemned him and Bugari sacked him, he invested in both companies with the state government money.

Peter Obi is a Cunny-Thief while Atiku Abubakar is a Boldface-Thief. What a combo!

Learn to say the truth even with a shaking voice and nothing defeat you!

This is Obi's response :

"Personally, I have no investment; not even one Naira. Go to Corporate Affairs Commission (CAC) today, if you will see Peter Obi as owner of one share; it doesn’t exist. Next is a family company started by my own parents and as their child, I ran it at a time, and when I became Governor, I had nothing to do with it till today."

Can you show us where he said he invested Anambra State money into his parents' company, Next? I am sorry; I think your comprehension skill is poor.

I have advised you to stop comparing apples to mangoes. I will still advise you to shove away your sentiment.

Obi invested in an international company, though, some critic believe there will be conflict of interest. On the other hand, Babachir stole millions of naira. Obi's 30 million naira investment on behalf Of the State is worth 100 million naira now. Can that be said of Babachir, "the grasscutter"?

Sannisege:
Peter Obi is very empty. A mediocre personality. His mediocrity was glaring for all to see yesterday. God forbid Atiku/Obi win the coming elections. Their looting go pass GEJ’s government own

shut up

Sirjamo:
What's the difference between what Obi did and what Babachir did?

Obi put government money in his family business

Babachir put government money in his personal business

My problem with you guys is that you deliberately misquote someone for malicious reasons. Obi said his family invested in a brewery that came outside the country to establish. The state govt also invested in the brewery. Anybody can invest in the brewery, cos they want investors to get bigger. Pls stop all this rubbish of misquoting a man for malicious reasons

tycoolest:


investing states fund in his family business is unconstitutional , its an act of corruption

My problem with you guys is that you deliberately misquote someone for malicious reasons. Obi said his family invested in a brewery that came outside the country to establish. The state govt also invested in the brewery. Anybody can invest in the brewery, cos they want investors to get bigger. The brewery is owned by investors outside the country. Pls stop all this rubbish of misquoting a man for malicious reasons