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Nairaland Forum / Nairaland / General / Politics / Presidency Hawks Want FG To Seize Bonga Over $9.6bn Judgment Debt (23064 Views)
Two Ministers Suspected As Moles In $9.6bn P&ID Judgment Debt / Faces Behind Deal That Landed Nigeria In $9.6bn Mess / $9.6bn: British Firm Listing Nigeria Assets For Seizure (2) (3) (4)
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Re: Presidency Hawks Want FG To Seize Bonga Over $9.6bn Judgment Debt by madenigga(m): 10:55am On Sep 02, 2019 |
to me, let the government make a deal with the officials who signed the contract, since the contract looks phony, elements of corruption and bribery has a high chance of being inside, if u can prove the PID bribed anybody at all during the contract not only do u get amnesty whether u were part of the bribed officials, u would also get compensated with 500thousands dollars. Simple. If the government can prove that the contract is filled with corruption and did not follow due process they stand a chance here |
Re: Presidency Hawks Want FG To Seize Bonga Over $9.6bn Judgment Debt by anonimi: 10:55am On Sep 02, 2019 |
Iamgrey5: You are confusing yourself too much. Agreement with element of criminality was broken. Do you have any reference for this? Please read up on similar arbitration. But state asset seizures “happen all the time”, said James Langley, a partner with international law firm Dentons and an expert in arbitration. 2 Likes |
Re: Presidency Hawks Want FG To Seize Bonga Over $9.6bn Judgment Debt by SIRTee15: 10:55am On Sep 02, 2019 |
Wickedfacts: U guys are funny sha.... The heavy sanction imposed on nigeria during abacha atrocious regime led to total wipe out of the middle class..... Nigeria economy crumbled, industries collapsed and people really suffered.... Now u daring them to sanction again.... Comparing yourself to Iran..... Iran has been under western sanction since time immemorial..... Their oil and financial industry have been under western embargo for decades now, yet the industries are waxing strong.... Iran produce 60% of their industrial equipment including turbines, pumps, oil tankers and refineries..... They produce drones and counter-drones.... Iran has what it takes to resist western bullies and survive sanction because it's leaders think Iran first..... Unlike your useless n hopeless leaders..... Ordinary America refusing to buy your oil, the whole nation was weeping..... And Nigerians that can't do without the dollar...anytime there's dollar scarcity, Nigerians develop intractable seizures...... Try behave foolish n incur western wrath.... Thank God crazy guys like trump n Boris are the ones in charge now..... Indomie kids that don't know how to suffer wants to challenge western authority.... 3 Likes |
Re: Presidency Hawks Want FG To Seize Bonga Over $9.6bn Judgment Debt by saintokwuluora(m): 10:59am On Sep 02, 2019 |
Mcreloaded:If push comes to shove Iran has military capability almost equal to Britain, can we say that for Nigeria? Diplomacy is the way out, else more foreign investors will get scared about doing business here. 2 Likes |
Re: Presidency Hawks Want FG To Seize Bonga Over $9.6bn Judgment Debt by OfoIgbo: 10:59am On Sep 02, 2019 |
Flyingngel: Including Buhari and Malami afterall GEJ negotiated a settlement that would have cost Nigeria around $800 million, but our current illiterates have shown the value of their sharia education and WASC-less certification. Just because they want the north to rule, they have heaped a hefty $9.6 billion on Nigerians, thus condemning Nigerians and future generations to servitude to the west. Exactly the same role Sardauna was playing with the English, the foolish nigga that will keep the country forever attached to the apron strings of the UK 60% of the fault in this issue lies with Buhari and Malami 0% of the fault lies with Jonathan 40% lies with Aoondoaka, Rilwanu Lukman, Yar'Adua, Bandorki(sp) 2 Likes 1 Share |
Re: Presidency Hawks Want FG To Seize Bonga Over $9.6bn Judgment Debt by Iamgrey5(m): 11:04am On Sep 02, 2019 |
anonimi:Bro no offense, but are you sure you are vast in the knowledge of economics or business related subjects like you are trying to portray. You gave instances of Debts and liabilities due to private companies and also gave instances between two companies, although of different nationalities. None of the instances have anything to do with estimated lost of estimated earnings. Nonetheless, this ridiculous claims by PiGD or whatever is based on estimated earnings Despite the fact that they have not invested in any physical infrastructure or anything significant to warrant such claims Do you understand ! |
Re: Presidency Hawks Want FG To Seize Bonga Over $9.6bn Judgment Debt by ForkDragnet: 11:04am On Sep 02, 2019 |
Validated:wasted |
Re: Presidency Hawks Want FG To Seize Bonga Over $9.6bn Judgment Debt by Originalsly: 11:08am On Sep 02, 2019 |
When a court makes a ruling and you don't agree.... isn't appeal the next step? Why jump to warning about seizing assets? That's very foolish. UK seized Iran's ship... did Iran announce their plan to retaliate? Bonga and others would now set plan in place to curtail operations in Nigeria and their government would not move to seize Nigeria's assets until next to nothing is left for Nigeria to seize in retaliation. If the deal was not legal... why not challenge its validity in court? If there was forgery and unauthorized signatures... why not arrest and interrogate those involved? Are they immune from investigations and prosecution? These people aren't serious..... UK is in a financial jam with Brexit and would go any length to raise revenue.... in this case... either seizing assets or a settlement to have free access to $9B worth of Nigeria's natural resources . Just saying. |
Re: Presidency Hawks Want FG To Seize Bonga Over $9.6bn Judgment Debt by Nobody: 11:13am On Sep 02, 2019 |
ijustdey: Sieze oil wells belonging to the British n watch dem go to court gain and get more billions from the Nigerian government |
Re: Presidency Hawks Want FG To Seize Bonga Over $9.6bn Judgment Debt by ogwomba(m): 11:14am On Sep 02, 2019 |
My own is that Bahari himself don't even know what this is all about. 1 Like |
Re: Presidency Hawks Want FG To Seize Bonga Over $9.6bn Judgment Debt by Nobody: 11:19am On Sep 02, 2019 |
Iamgrey5: So, on what grounds would Nigeria seize the Assets of Great Britain and not expect the International Community to come for her? Besides, I thought Shell is a Royal Dutch company, headquartered in the Hague, The Netherlands. Why would the FG seize Shell's Bonga FPSO? 1 Like |
Re: Presidency Hawks Want FG To Seize Bonga Over $9.6bn Judgment Debt by meekah: 11:22am On Sep 02, 2019 |
[quote author=alizma post=81838432] This is something that can affect you and the entire nation but it is too long for you to read. Probably it was too long for those who entered into the shady deal, hence they just signed without reading. If it is too long for you(Nigerian youths) to read, why should we blame our elders who probably couldn't take their time to put things in order but just signed half baked contract?[/quote LOL me think lazy Nigeria youth mentality LOL |
Re: Presidency Hawks Want FG To Seize Bonga Over $9.6bn Judgment Debt by Dwin046(m): 11:25am On Sep 02, 2019 |
And who told u that he understood what he wrote FarahAideed: 2 Likes |
Re: Presidency Hawks Want FG To Seize Bonga Over $9.6bn Judgment Debt by Iamgrey5(m): 11:27am On Sep 02, 2019 |
Ecne:Bro you obviously new to this Nigeria as Sovereign nation can decide to nationalise any company that operates within its borders for one flimsy excuse or the other. Nigeria will claim it has nothing to do with case, but even the blind would know it has everything to do with the case. Nationalising an oil company is always the easiest because government already has a substantial stake in the company. The international community would do nothing, but it might affect Nigeria on the long run as other foreign investors would or might start pulling out of Nigeria for fear of suffering thesame fate. Royal Dutch shell might be a Netherland company, but the operation at bonga has a very high level of interest of British in it. |
Re: Presidency Hawks Want FG To Seize Bonga Over $9.6bn Judgment Debt by brodalikeme(m): 11:28am On Sep 02, 2019 |
ivandragon: Exactly, this is the time to open back door channels and use diplomacy as an option. Hire the best lobbyist and consultants not charlatans to negotiate a favorably settlement should be done. Identifying loopholes in the transaction and use of subtle threat should also been exploited. Finally, Osinbajo should never be allowed close to all this process, I’m very sure he was an integral part of those that messed up the previous negotiation. 1 Like |
Re: Presidency Hawks Want FG To Seize Bonga Over $9.6bn Judgment Debt by lastempero: 11:40am On Sep 02, 2019 |
Please if it is possible for them to come and do the job better for us than paying that sum of money. |
Re: Presidency Hawks Want FG To Seize Bonga Over $9.6bn Judgment Debt by tsavkeghps(m): 11:44am On Sep 02, 2019 |
Okay |
Re: Presidency Hawks Want FG To Seize Bonga Over $9.6bn Judgment Debt by unitysheart(m): 11:45am On Sep 02, 2019 |
Validated: Listen to your dumb self. So, Buhari should have blindly paid. Alainironu. |
Re: Presidency Hawks Want FG To Seize Bonga Over $9.6bn Judgment Debt by SIRTee15: 11:57am On Sep 02, 2019 |
Iamgrey5: Nationalisation policy is about forcing a foreign company to sell shares to local citizens so that they can become major shareholders in the company.... Nigeria already did that with shell nigeria and other multinationals operating in nigeria.... Nothing to nationalize again.... Forcibly taking over operations of a foreign company in your territory is robbery and the consequence is international sanction n seizure of the country's foreign assets.... Ask Cuba.... 1 Like |
Re: Presidency Hawks Want FG To Seize Bonga Over $9.6bn Judgment Debt by Ewedegubbler: 12:02pm On Sep 02, 2019 |
Nigerian government should stop arresting yahoo boys for stealing from these whites when they themselves steal billions and intend to steal more from us daily.. this is daylight robbery enabled by the British courts... 3 Likes |
Re: Presidency Hawks Want FG To Seize Bonga Over $9.6bn Judgment Debt by TruthinAction: 12:19pm On Sep 02, 2019 |
The Nigerians involved in the signing of the deal should be arrested. A contract that was never signed by Yaradua is not a sealed contract. They are the ones that should pay and not the FG. Why are their names not even mentioned. I am sure most of them are still in government. 2 Likes |
Re: Presidency Hawks Want FG To Seize Bonga Over $9.6bn Judgment Debt by Iamgrey5(m): 12:20pm On Sep 02, 2019 |
SIRTee15: Nationalisation is the transfer of a major branch of industry or commerce from private to state ownership or control. Hope you understand what Nationalization is ? A company cannot have private ownership and still claim it has been Nationalized persay. What we have in oil company today is a form of PPP, but that can quickly Change if government wants to. What happened in Cuba is completely different, Cuba strated Communism which meant all companies were forced to belong to state. Only the oil company will be Nationalized here |
Re: Presidency Hawks Want FG To Seize Bonga Over $9.6bn Judgment Debt by marv1: 12:27pm On Sep 02, 2019 |
Validated:Your hatred for PMB and Osinbajo will never allow you to say the true picture of things but to make you Condemn him and his government at every point you have the opportunity to say something. |
Re: Presidency Hawks Want FG To Seize Bonga Over $9.6bn Judgment Debt by MillerJnr(m): 12:33pm On Sep 02, 2019 |
Realdeals: that's why we keep warning our leaders, lack of standard hospitals now you depend on them on almost everything. African leaders think. 1 Like |
Re: Presidency Hawks Want FG To Seize Bonga Over $9.6bn Judgment Debt by sammie99: 12:45pm On Sep 02, 2019 |
Loving naija fighting spirit |
Re: Presidency Hawks Want FG To Seize Bonga Over $9.6bn Judgment Debt by Charly68: 12:52pm On Sep 02, 2019 |
And the Oyinbos are arresting and showcasing 80 disgruntled elements who swindled them of their resources why they kept quiet of their conspiratorial involvement in defrauding Nigeria.. We need brilliant lawyers to put the heat on their bottom. American granted 24 hours amnesty to Atiku just to allow him win election so that they can continue business as usual.. Stupid brainless people taking us a mumu . |
Re: Presidency Hawks Want FG To Seize Bonga Over $9.6bn Judgment Debt by madridsta007(m): 12:53pm On Sep 02, 2019 |
Validated: If this had happened in a country like Japan, all those who contributed to this disaster would be honoured with suicide. ![]() ![]() ![]() ![]() Jokes aside, yours is the most sensible comment on this thing. To think this amount is asides the billions which APC and Buhari have taken out as loan from various institutions and countries. Nigeria's future generation will be saddled with so much debt just because the South Western and Northern section of the country hated a man they saw as a minority. Goodness me. Seizing Irish and British assets? Hahahahahahahah! Buhari, Tinubu, Abba Kyari and the rest of them are drunk with codeine. Try and nationalise their assets.What is happening in Venezuela will be a child's play. 1 Like |
Re: Presidency Hawks Want FG To Seize Bonga Over $9.6bn Judgment Debt by BigIyanga: 12:56pm On Sep 02, 2019 |
Iamgrey5:What a daft response from an illogical youth. Irish company can enter a Mareva Injunction in the UK and US to seize all Naija assets. Google Mareva Injuction. Also, NNPC’s and CBN’s accounts are domiciled in the US— mostly managed by JP Morgan Chase Bank Inc.. these accounts can be frozen by a valid court order. Also check out the principle of reciprocity between US and UK in intl business law. Any verdict obtained in the UK can be enforced in the US.. that’s why FG retained lawyers in both countries 1 Like |
Re: Presidency Hawks Want FG To Seize Bonga Over $9.6bn Judgment Debt by ntyce(m): 12:57pm On Sep 02, 2019 |
anonimi: I would ask you a question, if you were to be in charge of affairs will you have paid the sum? Looking at the diff cases you listed above, it's obvious that an avenue like this is used to siphon money from developing countries by dubious organisations. And such instances are with connivance of indigenes of such countries. I won't be shocked if it's revealed that some Nigerians are the ones behind P&ID.... Should in case the FG subsequently pays, those who signed the agreement should be made to pay for this dastard act. |
Re: Presidency Hawks Want FG To Seize Bonga Over $9.6bn Judgment Debt by madridsta007(m): 12:57pm On Sep 02, 2019 |
marv1: You have come with this emotional trash. Buhari and Osinbajo both HATE Nigeria. I am sure you know this. Hence this unnecessary $9.5bn new debt. They know they won't pay it. So in their abject hate of Nigerians, they've saddled it on the current and future generation. 1 Like 1 Share |
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