Police IG, Mohammed Abubakar In N4.7Billion Shares’ Scam

If information at our disposal is anything to go by, then the nation’s No. 1 cop who is charged to sanitize the society of wrong doings might be swimming in a monumental fraud capable of relieving him of his sensitive position. The Inspector General of Police, Mohammed Dikko Abubakar, National Enquirer

gathered exclusively would have to explain to the Police authority and the nation as a whole his involvement in what some policemen termed a forceful and illegal offer of private placement, a shady shares allotment enforced on police personnel.

The office of the Inspector General of Police via his agents-Fokas Savings & Loans, we gathered exclusively has allegedly raked in a whopping sum of N4.7 billion, being total monies forcefully deducted from police salaries to buy shares without their consent. Below is a bromide copy of the form circulated and enforced on them to be filled and submitted. In total, N11, 000 was deducted in two installments from about 370,000 police personnel across Nigeria.

This is not one of those cock and bull stories, everyone has got a police friend or have one as a neighbour, all you need do is sound them out, most especially the rank and files (low cadre officers) whose money were deducted twice (N5,500 for two months) without their knowledge, all in the name of buying shares. As you read this, talks of this is spreading like wild fire in Police barracks even though they have no such guts to revolt or protest, it is against the police act but the opinion poll we gathered has it that, the newly wedded Police boss, Mohammed Abubakar has been nicknamed as the most corrupt in the history of Nigeria police.

Some policemen in the state have actually raised an alarm over exactly what they called, “arbitrary deductions from their salaries . They affirmed that the Mechanised Salary Section  of the police  made unsanctioned deductions of N5, 500 from their salaries for the procurement of Fokas Savings and Loans Limited shares .“This is so ridiculous, how could this happen in a civil society, how can my money be deducted without being properly briefed about the shares am being forced to buy? For instance, how many shares will my money give me? I don’t know, this IG is very dubious”, the angry policeman quipped.

Some of the policemen that spoke to us pointed out that the plan was suspicious due to the fact that they were not notified regarding it, prior to the salary  deduction. They added that it was after the very first deduction had been made that they were enlightened by their ogas at the top that the cash would certainly be subtracted monthly until further notice.

A police inspector said, “Last month I received a text message from my bank notifying me that my salary had been paid. However, I found out that N5, 500 had been deducted. It was a few days later that we were given forms and we were then told that we had to buy shares compulsorily. And even as we speak, some of us have not filled any form and our monies have been deducted, can they tell me whose account those go to?

“How could deductions have been made before I even filled the form? The police authorities are leveraging on the fact that policemen cannot openly protest. The Inspector General of Police, Mohammed Abubakar, must be taking on, on this.”Another policeman told us that the scheme was not well planned; saying some of them close to retirement should be left out.

He said, “I have been a policeman for 34 years and I am close to retirement. People like me should have been left out this scheme. I am already a member of the Nigeria Police Cooperative Multipurpose Society.

A police corporal said, “N2, 000 was deducted from the salaries of senior police officers while N1,000 was deducted from the rank and file as compulsory contribution towards the World Police and Fire Games in which Nigerian policemen will participate. Why can’t the Federal Government pay from its own purse”?, those are words from boiling police officers.

National Enquirer's investigations revealed that, the man behind the forceful shares sales is one Mr. Albert O. Owolabi - B.Sc. (Hons) FCIB, FCA, ACS  who’s the Managing Director/CEO of Fokas Savings & Loans. Mr. Owolabi, according to sources holds a Bachelor of Science degree in Banking & Finance from the Ogun State University. He is a Chartered Accountant, a Chartered Banker and a Chartered Stockbroker. He had a distinguished career with Union Bank of Nigeria PLC from 1981-1991; Midas Merchant Bank Limited from 1/3/91-December,1992. He worked as Senior Manager, Finance and Accounts at Ebun Industries Limited from 1/6/97-30/6/98. In July, 1998, he joined Rinslab Consultants as the Managing Partner, a position he held before joining Fokas on November 12, 2001.

Mr. Owolabi, has extensive training both locally and abroad. He is a Council member of Chartered Institute of Bankers of Nigeria. He is also an Examiner to the Institute from 1990 to date.

In our fact finding mission, National Enquirer got in touch with the publicist of the Inspector General of Police, Mr. Mike Dada who had a meeting with us at the Ibis hotel, Toyin Street, Ikeja, Lagos. The gentleman told us that, the scheme is meant to help the suffering police personnel but when we challenged him why they were not properly briefed and the reasons behind the sudden and illegal deductions, he quickly rescinded his offer to speak on behalf of the police boss, “I think what you should do is to talk to the Police PRO, Frank Mba who will be in a good position to analyse the situation”, his words but efforts to reach The Police PPRO on the mobile number given to us were futile as at the time of going to press.

Jite Usman

Untold Story of Lola, P-Square Peter’s Estranged Wedding Why Friends, Family Shunned Them

The much talked about wedding carnival between one of the nation’s most celebrated twin-artistes, Peter Okoye of P square fame and his mixed raced baby mother, Lola Omotayo has come and gone but the controversy trailing the celebration of love is what so many people have not heard about. According to the general over view, the turn out on the wedding day fell below expectation and also quite disappointing is the fact that key members of the groom’s family and notable music stars were conspicuously absent, and even to the extent that, the groom’s twin brother, Paul attended grudgingly.

Investigations gathered from the Okoyes revealed that, the wedding didn’t have the blessings of the groom’s late mum, little wonder his eldest brother, Jude who doubles as the group’s (P-Square) manager was not at the superlative wedding shindig, though he was said to have got stocked in Ghana, people in the know have however spilled the beans that Jude was actually at the Mavin records the night before the wedding where he was busy with Don Jazzy, Dr. Sid, Phyno and the rest working till next morning. This, we were told is his (Jude) own way of honouring their mother’s reservation and resentment for the wedding. 

The mother of the twins, Peter and Paul Okoye, we gathered had been against the union from the outset and there were insinuations that the woman had pressed for parental testing (DNA) of the couple’s first boy before the strange sickness that led to her death. Unconfirmed reports have it that the woman had, in the throes of death, warned her children against the marriage more so that, Lola is of different tribe, Yoruba.

Another angle people are looking at that got them such a low turn-out at the event is the perceived arrogance of P Square , the talented twins,whom  we gathered are in the habit of shunning colleagues’ events, “they don’t honour their friends in any way, they believe they’re too large and the biggest artistes to have come out of Africa, they shunned Tu Face’s wedding in Dubai despite the fact that he invited them personally, and that’s not all, they also don’t extend hands of fellowship to help artistes for duets, except the few big names like Tu Face, Flavour and May D who they signed under their records label and left in a controversial manner”, a top artiste who preferred been anonymous told us.

“This is why almost all industry notables like Tu Face, D Banj, Davido, Whizkid, Naeto C, Waje, Omawunmi, Chidinma, Ikechukwu, Olamide and the rest didn’t attend, even the chairman of the occasion, Dr. Mike Adenuga Jr., whom they had bragged would attend, turned them down, this is in addition to their “perceived”cold shoulder treatment to members of the Fourth Estate of Realm who helped them when they were growing up. The twins don’t also honour media events or, have they ever performed for you media guys like Tu Face and the rest?” the anonymous artiste asked rhetorically.

Jite Usman

SAYYU DANTATASPEAKS ON POLO, BUSINESS AND LIFE

The 2013 African Patrons Cup may have come and gone but those who witnessed the tournament will not forget in a hurry, the passion, techniques and dexterity  Alhaji Sayyu Idris Dantata, the Founder/Chairman of MRS Holdings Limited demonstrated at the pitch. The money bag whose oil firm prides itself as one of Nigeria’s largest and leading marketers of refined oil products was shuttling between Abuja, Lagos and Kaduna where the tournament held, and these he did with his private jet whenever his team was playing, he would hurriedly change into his MRS Jersey 1 or 2, mount his horse with team mates and storm the field like one who’s playing to save a life. The trained mechanical engineer, who started his career as the transport director with the Dangote Group and rose through the rank in the organization was the cynosure of all eyes at the international polo tourney winning more fans from spectators as the commentators wouldn’t stop chanting his name “……Sayyu….Sayyu Dantata is with the ball….. And he scores!” Those were the way the commentators described him and the crowd will then sing his praises, he would shake hands with his expatriate players before they continued the match. This went on till the Chief Executive Officer of the MRS Group and polo patron took his team to the final. The final was however tougher than than what they bargained for as the host club Fifth Chukker led by the Chairman Prince Adamu Atta won by a wide margin.“I have been playing polo for more than 30 years now. I learned to play very early as a child – it is a family sport. My current handicap is +4 and I mostly play here in Nigeria. My most memorable tournament so far has been the Lagos Open in 1984. Having participated in so many events now, at this point one only hopes for a successful tournament, free of injuries and accidents! My favourite horse is called Iyabo. She is a local breed, and I personally believe she is better than most of the thoroughbreds I have. I think the future of polo in Nigeria looks bright. There are a lot of up and coming players and I think there is a great deal of talent yet to be discovered. I would like the future to be focused more on polo ‘the game’ than the controversial stories that surround it. I am the founder and Chief Executive Officer of MRS Holdings Limited, which deals in the oil and gas industry. We are one of the largest and most successful downstream operations in Nigeria, and we are expanding. In the past few years we have acquired Chevron Nigeria and Texaco Nigeria. I think the future of the business looks great – one always has to look on the bright side”, The billionaire told National Enquirer's Faith Irabor recently

about his passion for the sport.

Man Swallows Female Undergrad For Money Rituals!

It’s rather appalling that no matter how much noise that’s made about security consciousness, a lot of people would still fall victims in certain circumstances. This particular incident is quite heart rending. It’s a story of a young female undergrad of the Ebonyin State University who was lured by an alleged occultist to have a swell time at his hotel lobby after a friend’s party, and no sooner had they gotten to his suite than he transmuted into a giant python and swallowed her up. Though it might sound surreal, or like something from a movie script, but pictures they say, never lie! The man’s identity  was difficult to ascertain because of his transmutation and that of the girl too, but eyewitnesses say that the people who checked into the room where the giant python was eventually found, were an average aged man and a young student, and were most likely from the university, as that’s a hot spot for the students, the hotel  which is in an obscure area of the town is notorious, and residents have long be complaining about it but nothing has been done.

We gathered that when the hotel attendants waited for the occupants of the room to check out and they didn’t, they had to forcefully open the door and were shocked to find a huge python with a woman in its belly. The police were informed but could do little or nothing on getting to the scene. However it has remained a puzzle to the people, and we are still working on the story, but in the mean time we urge young girls to be more security conscious especially in this yuletide season… as they say, “the zenvironment is tight and boys are not smiling!” may God help us all.