Showing posts with label naijagrip news. Show all posts
Showing posts with label naijagrip news. Show all posts

Saturday, 17 October 2020

OIL MOGUL, JACK RICH, STOLE N2.1BILLION FROM ILLEGAL SALES OF CRUDE OIL IN JUNE 2020

 



 A criminal oil company illegally sold 137,629 barrels of Bonny Light crude in June 2020 from OML 55 through the black market, pocketed the proceeds after reporting to the Nigerian National Petroleum Corporation, NNPC, that they had no production.

 

Belema Oil owned by Tien Jack-Rich defrauded Nigeria of over N2.1billion in the month of June 2020 alone from the illegal sale of the Bonny light Crude which sold at N41.80 per barrel as of June 2020.

 

The approval limit granted BelemaOil by the NNPC is 10,000 barrels per day but in the month of June, the company told NNPC it recorded no production when its records showed that four of the oil fields that make up OML 55, indeed produced thousands of Bonny Light Crude.

 

Pointblanknews.com investigations reveal that Jack Rich, a notorious oil fraud who has been promised the 2023 Presidential ticket, shipped Bonny Light crude produced from his OML 55 through unmarked vessels in the coastal depot belt of the Niger Delta of Nigeria to countries in Europe.

 

The proceeds according to sources, are shared with Babagana Kingibe, the Sultan of Sokoto, Mohammadu Sa’ad Abubakar, Ibrahim Gambari, the Chief of Staff to President Mohammadu Buhari, and other influential members of the Cabal who have promised to ensure he gets the All Progressive Congress, APC, Presidential ticket ahead of the 2023 elections.
Jack Rich is obsessed with becoming the President of Nigeria in 2023 and has lobbied everyone close to President Mohammadu Buhari. He recently built a Mother and Child Hospital in Daura, Buhari’s own town in Katsina State, North West Nigeria.

 

Sources confirmed that as of the last count, Jack Rich has made over $70million in cash from illegal sales of Bonny Light Crude through the black market.

 

Pointblanknews.com gathered that in the event he is not paid cash at the point of delivery of the illegally sold crude, jack Rich provides account information of proxies who are paid by the buyers.

 

“He has been doing that for a long time since the dispute surrounding the OML55 was resolved. In the month of June alone, he told NNPC that there was no production when in actual fact OML 55 produced thousands of barrels,” a source told Pointblanknews.com

 

Documents from Belema Oil obtained by Pointblanknews.com shows that the Quantity of crude produced in the month of June is as follows: 5th June 2020, 5,571 barrels net, 7th June 2020, 5,767 barrels net, 9,189 barrels net 8th June 2020, 9th June 2020 9,745 barrels net, 10th June 2020, 9,946 barrels net, 11th June 2020, 9,862 barrels net.

 

Other are 12th June 2020 9,970 barrels net, 13th June 2020 9,745 barrels net, 14thJune 2020 6,192 barrels net, 15th June 2020 6,691 barrels net   16th June 2020   5,914 barrels net, 17th June 2020, 6,030 barrels net, 18th June 2020 5,934 barrels net, 19th June 2020, 9,948 barrels net.

 

And 20th June 2020, 8,184 barrels net, 21st June 2020 9,490 barrels net, 22nd June 2020, 22nd June 2020, 9,471 barrels net, totaling 137,629 barrels of bonny light crude oil stolen only in June, sources in knowledgeable with his schemes told Pointblanknews.com that he does that every month.

 

OML 55 current producing Fields are Robertkiri, Idama, Jokka, Inda, and Belema North. It has an estimated hydrocarbon reserve of circa 350 mmboe. It was previously operated by NNPC/Chevron Joint Venture (JV) but handed over to Belemaoil Producing Limited, in a joint partnership with NNPC in February 2015.

 

OML 55 is about 40km west of Bonney Terminal and located in the mangrove swamp to shallow water offshore in the south-eastern part of the Niger Delta and covers an area of 852km² approximately.

 

Pointblanknews.com is in possession of financial records of Jack Rich and Belemaoil and would release details of findings, how funds were being laundered, and the details of vessels used for the illegal sales of crudes in coming days.

Monday, 27 April 2020

"PDP Leaders Urged to Caution Gov Dave Umahi for Ban on Journalists" - Amb. Pascal Oluchukwu

The Chairman and Spoke person of the Association of Ebonyi State Indigenes in the Diaspora, Ambassador Pascal Oluchukwu has urged the leadership of the PDP to caution Ebonyi State Governor, Engineer Dave Umahi, for the unjustifiable ban he placed against some journalists and media organizations from doing their job in the State. In a Press Statement released to Newsmen in Abuja, on April 26, 2020, the unrelenting Social critic and civil rights advocate, called on the National Leadership of the People’s Democratic Party, PDP, to wade into the undemocratic Practices of the Governor and ensure that his actions, on behalf of the Party, do not undermine its enviable democratic credentials.

Ambassador Pascal was speaking on the disgraceful and most unwarranted ban placed upon two (2) journalists deployed to the Ebonyi Government House to cover government activities for The Punch and The SunNews media houses respectively. Against all entreaties from well meaning public spirited individuals and organizations, the PDP Governor has refused to allow these journalists any access to the Government House where they have a legitimate and constitutionally guaranteed duties to perform on behalf of their organizations. The journalists were being punished not because of their incompetence, but because they have demonstrated independent reasoning and have refused to be corrupted or intimidated on the discharge of their duties.

Ambassador Pascal stated that the Ebonyi Diaspora Association “condemns, in strongest terms, the dictatorial actions of the Governor, who has been ruling the good people of Ebonyi State like a Roman Imperial Proconsul, clearly unaccountable to the democratic tenets that placed him in that position.”

In the circumstances, Ambassador Pascal called on the national leadership of the PDP to rise up to the challenges imposed on its peculiar position to rein in on the Governor and ensure that he remains respectful of democratic norms in leading the government and people of Ebonyi State on its behalf.

He stated that in addition to stopping this undemocratic behavior, “the PDP also needs to caution Governor Dave Umahi against making unguarded and careless utterances capable of undermining the democratic gains of the party in the State.” He cited the example of the gag order issued to the Civil Servants not to speak out against any government policy, however unpopular or risk being fired from their jobs.

The Ebonyi-born activist further stated that for the PDP to safeguard its democratic reputations “ it cannot overlook obvious disrespect for the rule of law and must therefore brings Governor Dave Umahi to book, and caution his approach. You can not halt freedom of speech, or ban Journalists from going about their constitutional rights. If the PDP refuses to caution Governor Umahi, he will mortgage the Ebonyi State to the APC; and we all know what that means for the 2023 general elections", Ambassador Pascal concludes.

Monday, 23 September 2019

N90bn FIRS Election Fund Is Osinbajo's Problem, Not 2023 Politics - Timi Frank

 
A political activist and former Deputy National Publicity Secretary of the All Progressives Congress (APC), Comrade Timi Frank has said the the ongoing travails of Vice President Yemi Osinbajo is allegedly due to corruption which has nothing to do with 2023 politics.
Frank revealed through a statement on Monday in Abuja that he has reliable information from his sources in the presidency to the effect that Osinbajo’s travail has nothing to do with 2023 but alleged mismanagement of about N90 billion Naira released by the Federal Inland Revenue Service (FIRS) to prosecute the last general elections in favour of the APC.
Frank said: “The presidency discovered how Osinbajo allegedly mismanaged N90billion from the Federal Inland Revenue Service (FIRS).
“When confronted by the presidency, he confirmed to General Buhari that he indeed allegedly took N90billion from FIRS but it was used for the 2019 presidential election campaign in strategic states of the South-west.
“Gen Buhari asked for a breakdown of how the money was spent and he said he gave N11 billion to Lagos state APC leader but when the said national leader and one former APC chairman were invited for explanation, it was confirmed that Osinbajo gave only N5billion and not N11billion to Lagos state.
“The cabal is asking to know how come they beat PDP in the South-west with less than 60,000 votes if the money was actually spent in the strategic states of the South-west as allegedly claimed.”
The activist insisted that if the information is true, Osinbajo must resign his position as Vice President, adding that such  is akin to the characteristics of ‘yahoo boys.’
Frank said since the former National Security Adviser, military colonel.Sambo Dasuki is being held on allegations of embezzlement while Osinbajo is also allegedly being accused of embezzlement, “they should be given the same treatment.”
He added: “This goes to confirm the NEMA case against Osinbajo concerning the N5billion that he was alleged to have siphoned. 
“The ball is in Gen Buhari’s court to show Nigerians that he supports corruption from his cabinet members and do nothing or he is indeed truly fighting corruption and therefore force him to resign.
“No wonder the fight against corruption under this administration is not yielding positive results as expected.”
Frank wondered why Osinbajo would always be the first to brand people like Bukola Saraki and ex-President Goodluck Jonathan with corruption “whereas he is the chairman of ‘yahoo yahoo’ in Nigeria.
“How do we expect the ‘yahoo boys’ to change when the VP is their chairman? Nigerians must not feel sorry for Osibanjo as the time to pay for his yahoo yahoo activities has come.  
While calling on Nigerians to ignore the claim that Osinbajo is being witch-hunted by the cabal, Frank said: “If Osinbajo is investigated, Nigerians will be shocked to find more revelation about his activities. 
“If he fails to resign, the National Assembly must begin the process of impeachment against him as a matter of urgency to prove to Nigerians that 9th Assembly is not a rubber stamp of the executive. 
“Finally, I call on Osinbajo to immediately apologise to God for his ‘yahoo yahoo’ behavior and repent otherwise he will be disgraced out of office."
Signed:
Comrade Timi Frank
Political activist
Abuja.

Wednesday, 28 October 2015

Shan George In Car Accident - Nollyhood Actress Escapes Death In Enugu State

 Nigerian Nollywood Star, Shan George, miraculously escaped death on Monday, in a Car accident, at Enugu State.

[VIDEO] "WE BLEW UP A CAR IN THE MOVIE, JOHN ZEREBE" - DAVIDO SPEAKS

In this exclusive Video, HKN Boss, Davido who is also the Executive Producer of this movie alongside his cousin, Ikey Ojeogwu (Movie Producer and Brain behind the project) reveals some of the intrigues that went into the production of their movie, “John Zerebe”.