Just saw the video and when he was interrogated he was speaking hausa language and that he was into flour business.He also said they do have 1 billion naira cash in a month sometimes.

We have many more like him

DWJOBScom:
We have many more like him

Alot of Northerners are rich and at a low key.The way the guy was even smiling sef lol.

El-rufai returning his old notes by proxy

And why won't EFCC prosecute these ones?

derecho:
El-rufai returning his old notes by proxy

And why won't EFCC prosecute these ones?

if the money is legitimate there is nothing EFCC can do

The man proved that he own a legit company that sells flour

He even presented document to back it up so he was allowed into the CBN for deposit

Northern thieves they are the ones hoarding our currencies. I wish they ban the use of dollars in Nigeria too.

The business should be checked and income verified.

falcon01:
The business should be checked and income verified.

Are you okay? Many businessmen in kano rarely take their money to any bank. Some have as much as a billion in their possession. Though is a bit risky but keeping your money with you is always the best. You have easy access to it and nobody will deduct any fraudulent charges from it.

Money dey North, they usually use cash

fiizznation:
Are you okay? Many businessmen in kano rarely take their money to any bank. Some have as much as a billion in their possession. Though is a bit risky but keeping your money with you is always the best. You have easy access to it and nobody will deduct any fraudulent charges from it.

The business should be checked and Income verified

falcon01:
The business should be checked and Income verified

The businesses are legal!!!

Guy go and update yourself about the amount of cash you are allowed to keep as an individual or corporate entity instead of displaying ignorance.

And why was Okupe charged? Because the money was illegitimate?

guobe:
if the money is legitimate there is nothing EFCC can do

fiizznation:
The businesses are legal!!!

is it your business? I know of a low tier politician who gave 60M to 5 of his relatives to deposit for him. The business should be checked and Income verified!

derecho:
El-rufai returning his old notes by proxy

And why won't EFCC prosecute these ones?

They are big time flour merchants.

falcon01:
is it your business? I know of a low tier politician who gave 60M to 5 of his relatives to deposit for him. The business should be checked and Income verified!

NFIU can easily track those deposits and make them explain their sources.

falcon01:
is it your business? I know of a low tier politician who gave 60M to 5 of his relatives to deposit for him. The business should be checked and Income verified!

Didn't you see where he offered to show his statement of account? Watch the video please. People pay for the flour in cash.

FoolishBoy419:


Didn't you see where he offered to show his statement of account? Watch the video please. People pay for the flour in cash.

I didn't say Nothing, I said The business Should be checked and income verified that's all.

That doesn't mean anything.

Are they the ones collecting the money by themselves?

"Bigtime" whatever don't have workers handling cash and those taking it to banks?

Una thinks say Nigerians na mumu

Even flourmill sef won't be carrying 50million in sacks after 100days of naira redesign

sunray:

They are big time flour merchants.

sunray:

NFIU can easily track those deposits and make them explain their sources.

Very simple, Private investigators should be assigned to business exceeding 10m. Its easy to fix all these we just like to suffer! Before Umaru Musa Yar'adua passed away, he was about to sign a bill that will attach a private investigator to each government official starting from a certain level.

All these businesses wey no de pay TAX. They will window-dress their Financial Statement to show little or no profit.
Now u re telling us that ur monthly turnover is at the tune of #1Billion.
How much VAT do u pay in month. FIRS pls take note.

PrinceOfLagos:
The man proved that he own a legit company that sells flour

He even presented document to back it up so he was allowed into the CBN for deposit

That's not all.A legitimate business will use a bank.I don't think he has a bank account sef.

sunray:

They are big time flour merchants.

Dangote flour or which one?

falcon01:
I didn't say Nothing, I said The business Should be checked and income verified that's all.

He mentioned the name of the business and even the locations of his warehouses. Any investigation on that man would have been waste of time.