hotice01:
How can u use 10 working days to count 1.2billion Naira.And he is a bank manager.....
Bankers in the house how long does it take to count 100million Naira?
Remember the money was mostly in 1000 Naira notes,plus they used counting machines.The number of people involved in the counting and machines used wasn't stated but it's obvious this guy is lying about the amount of time if took them to count the cash!

PS- I'm not defending anyone,just been logical!

by brother I believe you.that guy dey lie n the stupid set of people call EFCC go just dey blab any how without thinking

Ekpekus:
24hours x 10 days = 240hrs..
For 1.2BN. Is the money in #20 denominations

you said my mind

Meanwhile one yeye party is in Ghana saying that Nigerians are regretting voting out GEJ under whose supervision we got all these mess. I disagree completly, without much prejudice, one cannot claim ignorant of the fact that all these loots was what brought the present hash condition in the country.

I know that fayose is no saint but this is a big fat lie and a plot to bring him down but they are just bluffin bcoz they won't see a thing to nail him...

GudluckIBB:


My brother, some people will still come out now to call it witch hunt.


Its a pity!

Laughing in Yoruba. But Buratai $200M is his personal saving. Sycophants. I pity you guys. Let it be all round. I Love the Americans. Nigerians are fools

Joephat:
see how ppl just dey share money wey come from Avengers oil and them no go bomb them, na them village pipeline them dey change em for.


is OK!

U get better sense! No mind them

hotice01:
How can u use 10 working days to count 1.2billion Naira.And he is a bank manager.....
Bankers in the house how long does it take to count 100million Naira?
Remember the money was mostly in 1000 Naira notes,plus they used counting machines.The number of people involved in the counting and machines used wasn't stated but it's obvious this guy is lying about the amount of time if took them to count the cash!

PS- I'm not defending anyone,just been logical!

Im only interested in d logical question u raised not also defending any thief or partners in crime. The man has said it bf during interrogation, at least hes consistent. Then concerning the man-hour needed by machines operated by men to count at least 1,200,000 pieces of N1,000 notes (that is if all is in N1000 notes) MAY also be near correct, considering d unpacking and repacking, labelling and documentation plus d ones they will also turk into their boxers. They are not expected to count for 8hrs a day now?
Meanwhile see some funny money counting MATHEMAGIC above and below

progress69:



U think i have time for inconsequential arguments like this from kiddies probably still in high sch or unis? Y not ask your elders, probably the ones who have friends in banks or have worked or are Woking in banks. That is even if all your supposed elders are non online warriors like u or petty thieves on the street

Respect is reciprocal,I'm not a kid.Even if u where an old man,ur attitude just clearly shows that age has nothing to do with maturity,class or common sense!
If you can't reason or argue logically and constructively then despite your age you are still a kid!
Goodnight!

Are dey saying & single person frm d APC got even a penny frm Dasuki? Every buhari dat got an SUV frm Dasuki denied itz hiz official entitlement

TroubleMaker47:


Bro don't my d idìots.
I hv personally witnessed over 50million being counted at a skye bank branch in transamadi portharcourt. In less than 2hrs!

This is a good first hand info to work with.

If it takes 2 hours for 50m, then 200 m will be counted for 8 hours of bank working day I.e in 6 days, the money 1.2b will be counted when we assumed there is no error for them to start counting all over again or probably machine faults while counting. And even such elicit money will be counted only by handful of trusted bank staffs in secrecy to avoid information leakage to the masses.

It is still logical to believe the withness except you just choosed to think otherwise.

hotice01:

Respect is reciprocal,I'm not a kid.Even if u where an old man,ur attitude just clearly shows that age has nothing to do with maturity,class or common sense!
If you can't reason or argue logically and constructively then despite your age you are still a kid!
Goodnight!

Preach on clown. .

Need i remund u your first senless comment quoted below?

Y are u now taking it personal

You think every one will fall for your cheap blackmail, after throwing tantrums to the winds first. Hell No!!!

Kindly follow my previous advice and stop crying like a baby that you are

hotice01:

Bros please take it easy on the lies, not everyone here is foolish or a zombie!

ahms12:
by brother I believe you.that guy dey lie n the stupid set of people call EFCC go just dey blab any how without thinking

And how does the number of days use in counting changed the figures from 1.2b. I'm just soo sorry to be a Nigerian , this country is messed up with youth with blobby sponch brains.
That money was elicitely shared and that is the case here not the numbers of days in counting it.

kolaaderin:


This is a good first hand info to work with.

If it takes 2 hours for 50m, then 200 m will be counted for 8 hours of bank working day I.e in 6 days, the money 1.2b will be counted when we assumed there is no error for them to start counting all over again or probably machine faults while counting. And even such elicit money will be counted only by handful of trusted bank staffs to n secrecy to avoid information leakage to the masses.

It is still logical to believe the withness except you just choosed to think otherwise.

Bros, i like ur logic, rather than some people confusing us with some mathemagics

It took days to count 1.2 billion but took EFCC 30mins to count hundreds of millions (which added together is more than 1.2billion) from the judges houses.... We are gullible, please continue

GudluckIBB:


My brother, some people will still come out now to call it witch hunt.


Its a pity!

It is witch hunt for real

PastorOla1:
YESTERDAYS BIG BOYS IN BIG TROUBLE TODAY, EVEN FAYOSE WILL NOT SLEEP WITH HIS EYES CLOSED AGAIN. THERE CAN NEVER BE PEACE FOR LOOTERS AGAIN IN THIS COUNTRY, SO I SAY!!!!

God is with Fayose

berrystunn:


You get since pass me...

Lol

redcliff:


Bros dont talk like that. You have not been where money is being counted before. I dont doubt it. Even if its in 10k notes. If they are counting with hand, it would probably take that long

Why would a bank count money by hand at this age? Especially when we are talking about an amount this huge. It just doesn't add up. Would it be productive for any bank manager to ask his direct reports to count this amount of money by hand? Doesn't the bank have counting machines? Is there a reason counting by hand is preferred? Why would counting this sum of money consume 10 days of employee hours? Banks often have generators and we cant blame this on NEPA. These are the questions we should ask ourselves.

hotice01:
How can u use 10 working days to count 1.2billion Naira.And he is a bank manager.....
Bankers in the house how long does it take to count 100million Naira?
Remember the money was mostly in 1000 Naira notes,plus they used counting machines.The number of people involved in the counting and machines used wasn't stated but it's obvious this guy is lying about the amount of time if took them to count the cash!

PS- I'm not defending anyone,just been logical!

Many pple can't be included in deals like dis & d countin wud nt be all day............. My opinion

It a pity Yoruba cannot count too. What a tribe.

redcliff:


Bros dont talk like that. You have not been where money is being counted before. I dont doubt it. Even if its in 10k notes. If they are counting with hand, it would probably take that long

counting with hand? The more reason I said they are plain stupid. Bros how did you come to the conclusion that I have not been where money is being counted before? Not everyone is like you so please speak only of your own experience(s).

hotice01:
How can u use 10 working days to count 1.2billion Naira.And he is a bank manager.....
Bankers in the house how long does it take to count 100million Naira?
Remember the money was mostly in 1000 Naira notes,plus they used counting machines.The number of people involved in the counting and machines used wasn't stated but it's obvious this guy is lying about the amount of time if took them to count the cash!

PS- I'm not defending anyone,just been logical!

Don't mind these liars. When I saw this, I spoke with a colleague on how a branch will use 10 working days to confirm 1.2b.

They truth is that if you dedicate only one staff to confirm 1.2b. 1k note, it won't even take 10 working days not to talk of 2 staff.

Don't mind them. Liars.

kolaaderin:


This is a good first hand info to work with.

If it takes 2 hours for 50m, then 200 m will be counted for 8 hours of bank working day I.e in 6 days, the money 1.2b will be counted when we assumed there is no error for them to start counting all over again or probably machine faults while counting. And even such elicit money will be counted only by handful of trusted bank staffs in secrecy to avoid information leakage to the masses.

It is still logical to believe the withness except you just choosed to think otherwise.

Bros let me help you.

Nothing like secrecy here. Money is brought into the bulk room, all you do as a supervisor is to assign 2 bulk tellers at the bulk room to confirm the cash. Release one box at time. Will they ask you where the money came from?

There is nothing like trusted bank staff in the industry. If at any time integrity of a staff is in question, the staff is on his or her way out. Your given money is, you are expected two confirm and deliver overage or shortage. That does not mean we don't have staff who could pilfer cash but it does not apply here when cash needs to be confirmed.

I still maintain that its never possible to use 10 days to confirm 1.2b. Maybe 2.1b can take that time but not the former.

Liars every where.

kolaaderin:


This is a good first hand info to work with.

If it takes 2 hours for 50m, then 200 m will be counted for 8 hours of bank working day I.e in 6 days, the money 1.2b will be counted when we assumed there is no error for them to start counting all over again or probably machine faults while counting. And even such elicit money will be counted only by handful of trusted bank staffs in secrecy to avoid information leakage to the masses.

It is still logical to believe the withness except you just choosed to think otherwise.

After reading all the comments from so many mathmagic, your comment makes me believe that your common sense is superb. Thanks for the wonderful analysis.

greaterlove:
counting with hand? The more reason I said they are plain stupid. Bros how did you come to the conclusion that I have not been where money is being counted before? Not everyone is like you so please speak only of your own experience(s).

I made my conclusion based on what you said. Its like someone saying dont go to nigeria, the menace of boko haram is everywhere. By that i would know that the person has never been to nigeria because if he has, he would know that boko haram is only prevalent in the north. So you my friend have not been in a room where lots of money is been counted. I have. I know it can take that long of they are counting by hand.. even by machine...

...and then is it about the days or the cash involved

The Bank manager might not allocated enough of his Boys for the counting been illegal deal.

Ekpekus:
24hours x 10 days = 240hrs..
For 1.2BN. Is the money in #20 denominations

bank works for 24hrs bah ?

muyoge:
Below is the full analysis for such counting.

1.2 billion naira is 100 million naira in 12 places.
one bundle of 1000 naira notes is 100,000 naira.
10 such bundles make 1 million naira.
100 ×10 such bundles = 100 ×1 million naira.
1000 bundles =100 million naira
12× 1000 bundles = 12×100 million naira
12,000 bundles = 1200 million naira
12,000 bundles = 1.2 billion naira.
12,000 ×100 (1000 notes)=1.2 billion naira.


There are 1,200,000 one thousand naira notes in 1.2 billion naira.

Even if we have everything as 500 naira notes, that would be 2,400,000 five hundred naira notes. Could counting 1,200,000 (#1000 notes) or 2,400,000 (#500 notes) take 10 days??!!!!!!!!


If it takes a machine to count 100 (#1000) notes in 15 secs,then 12,000(100 one thousand naira notes) will take 12,000 ×15 =180000seconds

180000secs÷60=3000mins

3000mins÷60=50 hours

How then could 50 hours become 10 days?

U know pass bank manager abi.... Nairaland filled with funny pipo sha

A bank manager is given his statement under oath, nd some people r busy calculating rubbish on the thread.... The matter is n court and it's progressing.... They called it media trial, it's not media trial nymore, it's court trial n like I said its progressing.

Ozekhome must b really amazed at d evidence been put bfre dem.........

This fruitless defence u guys r putting up here isn't working at all

GudluckIBB:


My brother, some people will still come out now to call it witch hunt.


Its a pity!

You are right.
However, idiooots will believe whatever they see on any media outlet too.

kropotkin2:
Only Igbos known for their classical support of lies, deceit and corruption will rise up in defence of one of their own.

just like you guys defend your own thief...men its time to stop all his hypocrisy...this administration has been exposed for their bias and deceit...

Who them epp with all this rubbish...

Nobody gives a shiiiit anymore.