Danwakae:



Fake News... Bad Naira notes in CBN

Wolgrace:


Does it look like CBN's vault? This is business recycling of rotten monies from top bankers with the exchange peddlers..

Haven't you see people buying N500 rotten notes for N300 and N1000 for N500 each? They sell it to bankers adding extra N50 or N100 on each for gains, while the bankers receive and deposit the monies as cash deposit into their selling partners' personal accounts because they take advantage of a loophole in the new CBN policy stating that all rotten monies should be collected by the banks and let out the new ones for circulation..

The same rotten monies are cheaply re-sold to their buying patners physically, not electronically.. Its a recycling business going on for a long time, more like a top up or local money round tripping..

We should wonder why rotten monies keeps recycling round the country without bank's magnetisation and seizure of them..

Danwakae:



Those are CBN bad notes that was supposed to be burnt , but for corruption, some have inverted it to pick some manageable ones from it... Na today ...

Wolgrace:


These monies can't get to CBN directly without getting to the banks first. And no officials of CBN can advert them, except the top executives.

Major suspects are bankers.. I know how they spin this game for a long time, very cool and smooth business indeed.

Although, GEJ paved way for this nonsense during the celebration mark of nation's union century by defacing of an old N100 notes to new ones in a honour to Awolowo.. Him sef na coded chop and chop Ijaw man, e run serious mata for that N100 old monies.

-That is to say, most evil activities we are seeing today in Nigeria are paved and introduced to us by ours leaders. Is it corruption, theft, gambling, kidnapping, terrorism, thuggery, fraud, drug peddling, hire killing, cultism, tribalism, religious conflict, unlicensed ammunitions, name them all?

Danwakae:



You are getting it wrong ... The new material for N100 note last longer than the former material ...The FG spent alot printing the notes.. but with the new notes , they spend less in printing cos the material last longer than the former one mostly with the way Nigerians handle Naira notes carelessly.

Nwodosis:

You are right!

Wolgrace:


And you misunderstood me.. It wasn't how strong the new N100 notes, but local round tripping of the old notes. Instead of magnetising old notes after getting to the CBN through banks, they disbursed the monies to their buying partners since the deadline for the circulation of old notes are yet to close. Reason, they subtly postponed the deadline through crafty policies to extend their shady mongering.

Naso GEJ run the matter till him and his goons chop belleful and close the old notes circulation..

Danwakae:



Wetin GEJ do u ??... He collect ur wife ?... So I think a President will be involve in a such poor deal when there countless of pounds and dollars deal for the president to steal... That deal is too poor for the minister of finance let alone President ...maybe yes for the CBN Governor.

Wolgrace:


Oh! I won't be fooled by those who lord him as a "saint" neither will I be among those who hail him as a hero. You think countless of N100 notes from the CBN vault is a small cash because he was a president? Which kain talk be dis nah..? Money that translated to billions calculatively..

Okay. Do you know the antics OBJ used to stop Soludo from contesting against Yaradua/GEJ pairship in 2007?

Haha... You don't know what's going on with money fraud in the CBN. Don't forget, we are not practising democracy but presidential ruling system a.k.a presidential order. GEJ run serious mata with CBN governor for that old and new N100 notes, same with OBJ and Soludo..

Danwakae:



I have told you reality ... Condemned naira notes is a small deal for even the minister of finance let alone the president... People are talking about deals to steal money in dollars u are talking the president down, for naira notes.. if that be the case , who will be complaining about corruption in Nigeria ...there is nothing I dont know about the CBN , cos I have a sibling working there.

Wolgrace:


Have a sibling working in there? Lol, what I say about myself then? Only the movers knows their top secrets..

To you, its only dollars GEJ embezzled? To you, its only dollar accounts GEJ had? To you, billions of stolen nairas stashed in their naira accounts can't be converted to dollars? There is no further need for you to dodge the fact that he did fradulent deals on that money.

Danwakae:


You are too densed...