13616YORUBA ODUA LOOTING AND STEALING OF HERITAGE CONTINUES
- Nov 24, 2011YORUBA ODUA LOOTING AND STEALING OF HERITAGE CONTINUESWednesday, November 23, 2011 PUNCH NEWSPAPERS
ICPC quizzes Odu'a boss, others
Written by Akinwale Aboluwade
The Group Managing Director of the Odu’a Investment Company Limited, Mr. Adebayo Jimoh, and four other management staff of the company were on Tuesday quizzed by officials of the Independent Corrupt Practices and other-related Offences Commission over alleged misappropriation of N10.3m belonging to the company.
GMD, Odu'a Investment Company Limited, Mr. Adebayo Jimohadvertisement
The anti-graft agency had on Monday invited them to Abuja for interrogation following a petition by the former Estate Manager of the conglomerate, Mr. Ademola Ridwan.
Ridwan called on the ICPC to investigate the alleged fraud involving the lease of the company’s property situated in Apapa, Lagos State while he was an official of the company.
He alleged that rather than being commended for uncovering the fraud, he was sacked while those allegedly involved in the deal were promoted by the management.
It was gathered that those quizzed were the Head of the Human Resources Department, Abimbola Ilori; a former Head of Estate Department, Dare Aseweje; the current Head of Estate Department, Mrs. A. Odutola; and one Adedapo.
The petitioner, who claimed that he was sacked because he exposed the alleged fraud, explained that he became suspicious when he noticed that his signature was forged on two documents that were presented concerning the property.
He said, "I became suspicious because the letter bore my name as a signatory knowing that I did not authorise such a letter and that the company did not mandate any middleman to act on my behalf."=================================================================FROM 1967 - YORUBAS LOOTED AND DESTROYED 200 NIGERIAN ASSETS, INSTITUTIONS AND COMPANIES.SOPHISTICATED YORUBA LOOTING AND STEALING INC.MASSIVE CORPORATE FRAUD INC.YORUBAS TOOK OVER ECONOMIC ENGINE OF NIGERIA FROM 1967 AFTER THE DEFEAT OF IGBOS AND ECONOMIC BLOCKAGE OF IGBO FROM NIGERIA ECONOMIC ACTIVITIES BECAUSE IGBO WHO WERE ALSO ECONOMICALLY VERY VIABLE THEN.FROM 1952 TO 1967 THE WORLD WAS LOOKING UP TO NIGERIA TO RIVAL BRAZIL AND THE ASIAN TIGERS IN TERMS OF ECONOMIC ACTIVITIES BECAUSE OF THE VIBBRANCY OF EASTERN REGION IGBO AND WESTERN REGION YORUBA.NIGERIA WOULD HAVE BEEN COMPETING WITH ASIAN TIGERS (SINGAPORE, MALYSIA, JAPAN, CHINA, TAIWAN,ETC), BRAZIL, ARGENTINA, SOUTH AFRICA, AMERICA, EUROPE ETC. IN TERMS OF ECONOMIC VIBRANCY, HEALTHY ECONOMY AND NIGERIA BEING ONE OF THE RICHEST COUNTRY IN THE WORLD WITH ZERO POVERTY AND A HEAVEN FOR THE WORLD, AND AFRICA WOULD HAVE BEEN LIFTED OUT OF ITS PRESENT MISERY BY NIGERIA WHICH IS WHAT GOD PLANNED NIGERIA FOR. BUT THE YORUBA RACE AND THEIR TREACHERY, LIES AND HABITUAL AWORE (INCESTOUS) CULTURE DESTROYED NIGERIA, AFRICA AND BLACK RACE HOPE FOR EVER.EVEN BY 1967 THE NORTHERN NIGERIA HAUSA/FULANI WERE DOING VERY WELL AND FINE MANAGING THEIR GROUNDNUT PRODUCTION, SOLID MINERAL ABUNDANCE, AND EXCELLENT MANAGEMENT OF THEIR NORTHERN NIGERIAN PROPERTY MANAGEMENT COMPANY WHEN THE NORTH WAS IN ALLIANCE WITH THE EASTERN NIGERIAN IGBOS BEFORE THE WAR. BUT AS SOON AS YORUBA COLLUDED WITH THE NORTHERN NIGERIA ALL THINGS STARTED GOING DOWN HILL. YORUBA INFECTED NORTHERN NIGERIA WITH CORRUPT AND STEALING TENDENCIES AND FROM 1967 THE NORTHERN NIGERIA HAUSA FULANI HAS BEEN IN DECLINE WITH YORUBAS AS MASTER MINDER OF LOOTING AND CORRUPTION IN NIGERIA.TODAY 90% PERCENT OF THESE ASSETS, INSTITUTIONS, AND COMAPNIES HAVE VANISHED, LOOTED, CLOSED OR LIGUIDATED, AND THE FEW REMAINING ONES ARE IN DECLINE, UNPRODUCTIVE, BELOW CAPACITY AND MANAGED BY CORRUPT DIRECTORS, MANAGERS AND ON THE VERGE OF CLOSURE OR BEING PURSUED BY EFCC, POLICE, ICPC, CREDITORS, ENDLESS LAW SUITES, ENDLESS LABOUR CONFLICTS AND GOVERNMENT AND ATTORNEY GENERALS INQUIRIES ETC. FOR MASSIVE CORRUPTION AND STEALING.PLEASE TAKE A LOOK AT ALL THE NIGERIAN ASSETS, INSTITUTIONS AND COMPANIES YORUBAS HAVE LOOTED AND DESTROYED SINCE 1967 AND WHICH HAS RESULTED IN DEBASING NIGERIA AND SETTING NIGERIA 100 YEARS BACKWARD.UNIVERSITY OF IBADAN, UNIVERSITY OF IFE, UNIVERSITY OF LAGOS, NIGERIA MINISTRY OF EDUCATION, NEW NIGERIAN BANK, AJAOKUTA STEEL INDUSTRY, NIGERIA PORTS AUTHORITY, P&T, NITEL, OCEANIC BANK, SOCIETE GENERAL BANK, NATIONAL BANK, INTERCONTINENTAL BANK, MORGAGE BANK, CHANRAI STORES, BRITISH AMERICAN MERCHANT BANK, INDUSTRIAL BANK,NNPC, NEPA, MAPO HALL, COCOA HOUSE, IITA, NIGERIAN AIRWAYS, NIGERIAN RAILWAYS, NIGERIA FERRY, VOLKSWAGEN, BRITISH TOBACCO, PLATEAU TIN PRODUCTION, NIGERIA AIRPORT AUTHORITY, MMA,CAPPA, GOLD MINING, COCOA FARMS, NIGERIAN LIVES STOCKS, FEDERAL RESEARCH INSTITUTE OSHODI, NIGERIAN FISHERIES, NATIONAL BANK, SIEMENS, HARLIBURTON, NIGERIAN POLICE, NIGERIAN CUSTOMS, NIGERIAN PRISONS, NICON, NIGERIAN REINSURANCE, NIGERIAN HOTELS LIMITED,“Pharmaceutical Nigeria Plc ,May and Baker Nigeria Plc,Vitafoam Nigeria Plc,Wahum Nigeria Limited ,CAP Nigeria Plc , International Paints of West Africa [IPWA], Berger Paints Nigeria Plc, Berec Nigeria Limited, Kabelmetal, Nigeria Bottling Company Plc, Leventis Nigeria Plc ,West African Portland Cement Company,[Lafarge ],Wema Bank Nigeria Plc, Scoa Nigeria Plc ,CFAO Nigeria Plc, Cadbury Nigeria Plc, Wemaboard Estates, Odua Group, Livestock Feeds Nigeria Plc , Nigerian Breweries Plc, new nigerian Bank, Batta, Kingsway Stores,
Crittal Hope (Nigeria) Limited, Mushin, Lagos State.
- Dunlop (Nig.) Industries Plc, Ikeja, Lagos State.
- Galvanising Industries Limited, Ikeja, Lagos State
- Nigeria Construction & Water Resources Development Company Limited, Ibadan, Oyo State
- Nigerian Wire & Cable Plc, Ibadan, Oyo State
- Nigerite PLC, Ikeja, Lagos State
- Nipol Limited, Ibadan, Oyo State
- Odu'a Textile Industries Limited, Ado-Ekiti, Ekiti State
- Soleh Boneh Overseas (Nigeria) Limited, Ibadan, Oyo State
- Vono Products Plc, Mushin, Lagos State
- Wema Bank Plc, Marina, Lagos
- West African Portland Cement Plc, Ikeja, Lagos State
- Great Nigeria Insurance PLC, Ikoyi, Lagos State
- Glanvill Enthoven & Company Limited
- Guinness (Nig.) Plc, Ikeja, Lagos State.
- International Breweries Plc, Ilesa, Osun State.
- Macmillian Publishers (Nig) Limited, Ilupeju, Lagos
- Nestle Food (Nig) Plc, Ikeja, Lagos State
- Nidogas Company Limited, Lagos State
- Niger Mills Company Limited, Calabar, Cross River State
- Nigerian Aluminium Extrusions Limited, Lagos
- SKG-Pharma (Nig.) Limited, Lagos
- Tower Aluminium (Nig.) Plc, Lagos
- U. A. C. of Nigeria Plc., Lagos
- Niger Delta Explorations & Production Plc,
- Bitumen exploration & exploitation Co. Nig. Ltd.
- African Petroleum Plc
- AIICO Insurance Plc
- First Bank Nigeria Plc
- Flour Mills Nigeria Plc
- Intercontinental Bank Plc
- Nigerian Breweries Plc
- R. T. Briscoe (Nig.) Plc
- Spring Bank Plc
- PZ Industries Plc
- S C O A Nigeria Plc
- Union Bank of Nig. Plc
- United Bank for Africa
- Vitafoam (Nigeria) Plc
- Ecobank Plc
- NIMAPAK Nig. Plc
- Con-oil Plc
- John Holt Plc
Incorporated in 2002 as Odu'a Telecoms Limited, (ODU'ATEL) now branded as O'net. Licensed for fixed wireless Operation on 3.5Ghz and 800Mhz frequencies deploying CDMA Fixed and Mobile Telephony and Internet as well as Broadband Internet for corporate organizations, Institutions and Research Institutes and Virtual Private Network Services for Banks and other Network organizations in all five South Western States of Nigeria and beyond.
Askar Paint Ltd.
Askar Paints (Nig.) Ltd. was established in 1961 to manufacture paints and it is well known for its brands-Durosyn and Polyplast. In addition to paints, the company manufactures other chemicals and allied products like glue, clear finish wood preservatives and red oxide.
Cocoa Industries Ltd.
Cocoa industries Limited was established in1965 and its Nigeria's first cocoa processing company. In addition to processing cocoa beans into butter powder and cake, the company also produces and markets Vitalo – a cocoa based beverage drink. The company also exports cocoa butter.
Epe Plywood Industries Ltd. Epe Plywood Industries Limited is a major wood processing company. It was established in 1965 for the production of plywood, flush doors, veneer and furniture. It also engages in saw milling business.
Odu'a Printing & Publishing Co. Ltd.
Established in 1956, Odu'a Printing and Publishing Co. Ltd. is engaged in exercise books production, security printing, all business and office stationeries, maqazines, journals, annual reports, seasonal greeting cards, calendars, promotional posters & flyers, T- shirts, face caps & plastic ID card printing
Wemabod Estates Limited.
Established in 1963. Wemabod Estates Limited is one of the biggest property and estate in Lagos, developing companies in sub-Sahara Africa. Some of its famous properties are: Western House, Investment House in Lagos and Cocoa House in Ibadan, Oyo State.
The Commercial Farmers' Academy.
New farmers in Nigeria not only face the challenges of securing land and funding, but also obtaining the management skills and technical know-how to be able to run a farming business successfully in today’s business environment. In the light of this, Odu’a Investment Company is establishing a commercial farmers’ academy to provide top quality practical skills training to new and emerging commercial farmers in this part of our country.
Westco Farms Ltd.
Westco Farms Limited (RC 640323) Incorporated on 30th November 2005 is the new joint purpose vehicle established by Odu’a Investment Company Limited and Shepherd Agriculture (Africa) from South Africa. It is therefore a subsidiary of Odu’a Investment Company Limited.
The company will be involved in:
a. Aquaculture using the new floating cage system designed to achieve an initial target of 100 tons of catfish per annum. The technology is a new innovation in aquaculture engineering and fish friendly system that will derive the most from the fish.
b. Commercial Farm Training centres located in all the states of the South West to encourage and teach subsistence and so called small-scale farmers to make their farming enterprises profitable ventures. The training will consist of applied technical knowledge, practical farming skills and Farm Business Skills with the slogan “Training people in the business of farming”. The Academy will be modeled after the Buhle Farmers’ Academy of South Africa.
c. Cultivation of arable crops such as maize, sorghum and soya using improved seeds, proven technology and tested management skills that ensure high yield per hectare of cultivated farmland.
Fisheries Services Company Limited Fisheries Services Company Limited was established in 1973 to provide cold storage facilities, wharfage, bunkering and repair services to fishing companies operating at Ijora, Lagos State.
E & O Power & Equipment Leasing.
Established in August, 2005, the company's main business lines are sales, maintenance and leasing of Power Generating Set – 17.5KVA – 1000KVA & cooling equipments.
Western Hotel Ltd:
E & O Power & Equipment Leasing.
Western Hotels Limited is made up of two hotels. Premier Hotel with 87 rooms and Lafia Hotel with 60 rooms. The rooms are well designed and furnished to standard with swimming pools and a Casino. The two hotels engage in outdoor catering for all occasions
Lagos Airport Hotel Limited.
Lagos Airport Hotel started business in 1942 as Grand Hotels and was later expanded and renamed Ikeja Arms Inn in 1956. In 1961, it became known as Lagos Airport Hotel. It is located on the popular Obafemi wolowo Way, Ikeja, Lagos State. It has a total of 277 rooms, three restaurants, a standard swimming pool and a number of conference rooms. The hotel also engages in outdoor catering for all occasions.
Odu'a City Hall.
ODU'A CITY HALL is situated within the Cocoa House complex The hall is for commercial letting for AGMs receptions, dance etc.THESE ABOVE ARE NIGERIAN ASSETS, INSTITUTIONS AND COMPANIES YORUBAS HAVE LOOTED AND DESTROYED SINCE 1967 AND WHICH HAS RESULTED IN DEBASING NIGERIA AND SETTING NIGERIA 100 YEARS BACKWARD.QUOTE "Nigeria- Biafra war was supposed to have been officially over, it was not enough to murder Igbo and their babies in millions, the treacherous bastard Awolowo who was now on Gowon's payroll, the devilish bastard who Ojukwu should have let rot in prison again started marginalizing Igbo Biafrans by confiscating Biafran accounts and looting their hard earn money, giving the Igbo persons 20 pounds each regardless of balance (and interest). The "Indigenisation Decree", another bastard policy which followed soon after the arbitrary award of 20 Pounds completed the routing of Biafrans from the commanding heights of the Nigerian economy. Only two years after the war supposed to have ended, when Igbo (Biafrans) were still in their economic doldrums, Chief Obafemi Awolowo [the Finance Commisioner under Gowon ] then auctioned the Nigerian economy to the Nigerian "indigenes" with the Enterprises Promotion Decree 1974(so-called). He started selling off government and foreign owned properties to "Nigerians" knowing very well that he had just made the Biafrans/Igbo virtually bankrupt. This was of course deliberate, and done to reverse the Hausa/Fulani Yoruba fear of "Igbo domination" also to spite the Igbo/Biafrans futher. The timing of this policy was to ensure that there was effective exclusion of the Biafrans/Igbo from ownership in Nigeria's industrial sector, since after confiscation of the money and bank accounts they would no longer have the financial muscle to participate. As "the vanquished"[Biafrans/Igbo] were dispossessed of what they had, "the victors"[Hausa-Fulani-Yoruba] were deliberately empowered through the banks to purchase the Nigerian "national"(illusionary that is) patrimony.This Awolowo was indeed a treacherous beast with ambition, indeed a wicked bastard. Despite this particular anti-Igbo policy, the Igbo are still thriving such that they could easily produce the most educated people in Nigeria and even in Africa. Despite after all this he did forï»¿ the Caliphate and Nigeria, he still never became president of Nigeria even for 1 second. Yes he was be "The best president Nigeria never had". UNQUOTE" the Nigerian government policy of "starvation as weapons of war" as crafted by Awolowo to which he was never forgiven by Igbo. We can also detail the facts that even after the war, Awo and Nigerian government kept all Igbo money, given them only 20 pounds to every igbo who had money in the banks as punishment for defending themselves and his continued starvation as weapons of war and annihilation. In a nuthshell Igbo were left to die, I remember my uncle coming home with 20 pounds and wondering what anyone could possibly do with twenty pounds as opposed to thousands of pounds he had in the bank from oil and Petroleum business before and during the war."Cornelius Thursday, April 29, 2010QUOTING CHIEF EDWIN CLARK ON THE WAR AFFECT ON IGBO" "The harsh post-war economic policy immediately converted Igbo businessmen into street hustlers. Those in the corporate world lost their positions and had to begin new professional careers. Importation of stock fish was banned to deny Igbos their only means of protein after the war. (Remember that most livestock were lost during the war). This was followed by the problem of abandoned property implemented mainly by the old Rivers State." CHIEF EDWIN CLARK . IGBO PROPERTIES WERE SEIZED ALL OVER NIGERIA AND MANY WERE UNDERVALUED AND SOLD AS AUCTION AND AT AUCTION ALL OVER NIGERIA FROM 1967 TO 1980.--------------------------------------------------------------------------------------------------------------------------------