Four top officials of the Nigerian National Petroleum Corporation, NNPC, on Tuesday received their letters directing them to proceed on compulsory retirement over the missing petrol scandal, multiple sources told PREMIUM TIMES.

On Monday, PREMIUM TIMES published an exclusive report that the Managing Director of the NNPC Retail, Esther Nnamdi-Ogbue, and three other top officials were asked to resign their appointment.

The officials, including the General Manager (Operations) of NNPC Retail, Mamza Gwadabe, and Ibrahim Bello, who was said to be responsible for monitoring the truck out of NNPC products at depots in Lagos, got their retirement letters. A fourth official whose identity of could not be ascertained last night also got his,

The four were found culpable in the 100 million litres 'missing' petrol scandal involving Capital Oil & Gas Nigeria Limited owned by controversial businessman, Ifeanyi Ubah.

A committee constituted by the NNPC management to investigate the scandal, which also involved MRS Petroleum, had initially recommended the outright dismissal from service of the four officials for their respective roles.

But, following the intervention of the Minister of State for Petroleum Resources, Ibe Kachikwu, the dismissal was converted to compulsory retirement with full benefits, our sources said.

Although Mrs. Nnamdi-Ogbue had earlier said she was not aware of the recommendation for her to retire, authoritative sources close to the NNPC confirmed to this newspaper last night that she and other affected officials were served their retirement letters on Tuesday.

Despite collecting her retirement letter, the former NNPC Retail boss was said to have insisted on her innocence at a meeting with staff of the agency on Tuesday, where she announced her exit.

When contacted, Ndu Ughamadu, the NNPC spokesperson said he was not aware of the retirement letter.

"The only thing I am aware of is that the probe panel had submitted its report. But, I am not aware what their recommendations were," Mr. Ughamadu said.

The missing petrol worth over N14 billion was stored at the private depots under a throughput arrangement as part of NNPC's effort to maintain a strategic national fuel reserve.

Last January, when the Nigerian Products Marketing Company, NPMC, the NNPC subsidiary in charge of petroleum products marketing and distribution, needed some volume of petrol to bridge the supply gap, Mrs. Nnamdi-Ogbue had offered NNPC Retail's stock of the commodity at Capital Oil.

But, NNPC Chief Operating Officer, Downstream, Henry Ikem-Obi, said when trucks were sent to load the petrol at Capital Oil, it was discovered that the entire stock were sold off without the knowledge of NNPC Retail and the parent company.

Following the shocking discovery, Mrs. Nnamdi-Ogbue reported the matter to the NNPC management and anti-graft agencies, asking them to intervene and help recover the missing petrol or the funds from Capital Oil.

Gets,
Beats me. So much corruption throughout the country's government that it hard to tell without indepth information. Hardly anyone focus on that country's underworld.

Unless it's Italians involved

A gang of Nigerian fraudsters are facing jail for for using the identities of MPs, judges and police officers during a £10million scam.


The crew stole personal details from the Civil Service Sports Council (CSSC), to make fraudulent claims over a four-year period.

Member lists were ‘stolen to order’ from CSSC and used to place orders for tax credit starter packs used in fraudulent claims over a four year period.

The gang managed to get away with nearly £2,500,000 before staff at Her Majesty’s Revenue and Customs spotted the ‘extraordinarily high rate’ of claims being made by civil servants.

If the scam had not been stopped it could have reaped more than £10,260,525.

CSSC events manager Adedamola Oyebode, 30, stole membership lists and passed them on to her brothers-in-law Oluwatobe Emmanuel Odeyemi, 34, and Oluwagbenga Stephen Odeyemi, 39, who ran the fraud with Kayode Sanni, 38.

Sanni, an illegal immigrant, denied being involved in the fraud and told Old Bailey jurors ‘my conscience is clear’ as he stood trial alone.

But he was convicted of one count of conspiracy to become knowingly concerned in a fraudulent act between 10 March 2009 and 11 June 2013.


Judge Michael Topolski QC remanded him in custody and said: ‘I’m quite satisfied at this stage that there is a significant risk that if he were released on bail he would fail to attend.

‘In my judgement the situation has changed drastically.

‘He chose to contest this matter against what I considered to be overwhelming evidence.

‘His incentive to stay in this country has now diminished.’

Emmanuel Odeyemi, Gumbs and Adedamole Oyebode have already pleaded guilty and will be sentenced with Sanni at the Old Bailey on 6 July.

Prosecutors have dropped charges against Emmanuel’s wife Oluwatosin Oyebode.

Prosecutor Allison Hunter QC said: ‘These defendants went to exceptionally complex and sophisticated lengths in their orchestration of this fraud.

‘They themselves operate under a number of fluid pseudonyms and false identities, operate a multiplicity of email address, have access to a number of mobile phone numbers and have spread the conduct of this fraud over computers and electronic storage devices sufficient to stock a small warehouse.’

Ms Hunter said the investigators began by identifying one of the multiple false tax credit claimants as Chantelle Gumbs, who has admitted her part in the scam.

The source of the stolen identity was traced to the CSSC in Chadwick Street, Westminster, where six staff had password protected access to members’ details.
The gang managed to get away with nearly £2,500,000 before staff at HMRC spotted the ‘extraordinarily high rate’ of claims being made, the Old Bailey heard
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The gang managed to get away with nearly £2,500,000 before staff at HMRC spotted the ‘extraordinarily high rate’ of claims being made, the Old Bailey heard

Adedamole Oyebode, who worked for the CSSC between August 2008 and August 2010, has since admitted supplying lists of members and their details in return for payment.

She also made calls to the tax credit helpline to obtain application packs.

Further investigation revealed the fraudsters had used the details to create false identities, buy online insurance and open false bank accounts to receive the cash.

The profits of the scam were then transferred out into either their own accounts or through Western Union facilities set up by Sanni and Emmanuel Odeyemi.

Jurors were told that two of the gang, Stephen Odeyemi and his wife Oluwatumininu Banjo, 40, have fled to Nigeria and are wanted abroad.

Ms Hunter said: ‘These individuals conspired together to obtain in excess of £10,260,525.33 in fraudulent tax credits using the identities of 10,300 police officers, MPs, members of the judiciary, and civil servants for example, whose personal data and information was stolen from the Civil Service Sports Council.

‘The CSSC provides leisure events and activities together with sporting and fitness facilities to approximately 120,000 Public Sector employees or pensioners, including civil servants, local government employees, the NHS, teachers, police officers, fire fighters and HM Armed Forces personnel.’

Sanni, from Leeds, denied but conspiracy to become knowingly concerned in a fraudulent act - but was convicted of the crime.

Adedamola Oyebode, from Bellingham, southeast London, Stephen Odeyimi from Dagenham, Essex and Chantelle Gumbs, will be sentenced alongside him for fraud charges on 6 July at the Old Bailey.

Oluwatumininu Banjo, also from Dagenham, and Emmanuel Odeyemi, from Gravesend, Kent, are believed to be on the run in Nigeria.

Simon York, Director of Fraud Investigation Service at HMRC, said: 'We have dismantled an organised criminal attack on the tax credits system. HMRC officers and our counter-fraud checks identified the attack, and our investigators uncovered those behind the fraud, preventing £8 million of false claims being paid to the criminals. A further £2.4 million in tax credits claimed by the fraudsters was paid before we could stop the crime group and prevent further fraud.

'Tax Credits are paid to some of the most vulnerable people in our society. We have to strike a balance between making it easy for people to receive what is due, and having procedures in place to identify and stop fraudulent claims. Our investigation was made more difficult as the criminals had hijacked real identity details to make the fraudulent claims.

https://books.google.se/books?id=FgM17NM...usa&f=false



According to this book the Yakuza had debts to the Japanese bank from 600 billion dollars to almost 1 trillion that the banks couldnt collect from them, and they made in 1999 about 190 billion dollars from all illegal activities.. The Chinese Triads made annualy 200 billion dollars it says in this book..


What do you guys think about these numbers? Me personally think thats a lot of bullshit.

According to this book the Yakuza had debts to the Japanese bank from 600 billion dollars to almost 1 trillion that the banks couldnt collect from them, and they made in 1999 about 190 billion dollars from all illegal activities.. The Chinese Triads made annualy 200 billion dollars it says in this book..


What do you guys think about these numbers? Me personally think thats a lot of bullshit.

what would you guys say the answer to this now in 2019, any changes?

In general my top three would be:

1) Italian criminal networks
2) Chinese criminal networks
3) Russian criminal networks

You also have to look at the states and how they try to control or fight organized crime, in Russia and China for example the puppet masters are in the government.

As a whole, the Mexican cartels might have more money than anyone. I would not be surprised if I am wrong about that. The Ndrangheta reportedly makes a lot of money too. I think it’d be better to compare individual groups within the different crime organizations. For example, the Sinaloa cartel compared to the Nirta family(Not the one involved in the San Luca feud, the other more powerful one) in the Ndrangheta. Or the Russian Bratva run by Semion Mogilevich compared to the Trapani family in Sicily run by Matteo Denaro.

The Sinaloa cartel is that big? I am not certain how big they are I always just saw them as a group under the umbrella of the label of “Mexican drug cartel” like other Mexican cartels. Which is why I saw them as a subset. It’d be like comparing the value of one MLB team to the value of all of the NFL teams combined. If we compared the Sinaloa cartel and the whole Ndrangheta then I think the Ndrangheta has more money and power. We would be taking all of the powerful individual families into account.