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Must Read Story Of A Nigerian Yahoo Boy Who “Sold A Fake Airport” To A Brazilian For $242m (Photos)

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The story of Emmanuel Nwude who committed the largest fraud in the country by selling a non-existent airport to a Brazilian for $242 million between 1995 and 1998.

The rise of internet fraud commonly known as 419 is one phenomenon Nigeria has come to be associated it. Before internet fraud became a global issue, Nwude had committed one of the biggest scams in the world.

Specifically, his fraud was the third largest banking scam in the world after the Nick Leeson’s trading losses at Barings Bank, and the looting of the Iraqi Central Bank by Qusay Hussein.

How was Nwude able to carry out this jaw-dropping scam and convince Nelson Sakaguchi who was the director of the bank to part with so much money for the purchase of an airport? Nwude was a former director of Union Bank of Nigeria and this position made him privy to some links, information and documents that other persons would not be aware of.

He impersonated the then governor of the Central Bank of Nigeria, Paul Ogwuma, and connected with Sakaguchi informing him of a mouth-watering deal of Nigeria’s plan to build an airport in Abuja.

Nwude, pretending to be the Central Bank of Nigeria governor, told Sakaguchi that he stood of chance of pocketing $10 million commission when the deal passed through. Sakaguchi paid $191 million in cash and the remainder in the form of outstanding interest. Nwude’s accomplices were Emmanuel Ofolue, Nzeribe Okoli, and Obum Osakwe, along with the husband and wife duo, Christian Ikechukwu Anajemba and Amaka Anajemba, with Christian later being assassinated.
The criminal gang was able to convince the director of the Brazilian bank to part with the money.
How did Sakaguchi find out he was a victim of one of the largest scam in the world?
In 1997, the Spanish Banco Santander wanted to take over the Banco Noroeste and a joint board meeting was held in December of that year.
Officials of the Spanish bank noted that half of the Brazilian bank’s capital was at Cayman Islands unmonitored. This raised questions as this was two-fifths of Noroeste’s total value.
Investigation began and was carried out in Brazil, Britain, Nigeria, Switzerland, and the United States. Although the sale of the Bank still went on as the owners of the bank paid $242 million bill, the nak still collapsed in 2001.

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#EndSARS protesters break into Lagos International Airport (Videos)

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#EndSARS protesters break into Lagos International Airport (Videos)

Young Nigerians protesting against SARS brutality, under the #EndSARS movement, stormed the Murtala Muhammed International Airport in Lagos state.

The protesters in their hundreds are preventing movement in and out of the busiest airport in the country.

Nationwide protests have been going on over the past 11 days, demanding an end to police brutality and extrajudicial killings, but since it began, this is the first time protesters would disrupt activities inside an airport.

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#EndSARS: ‘Our Problem Is That We Lack Fresh Ideas’ – Singer Korede Bello

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Korede Bello

Nigerian singer, Korede Bello, has shared what he thinks is the problem of Nigerians. The Mavin Records act took to his Twitter page to state that the lack of fresh ideas is the main hindrance to the cherished new Nigeria on everyone’s lips.

According to him, a New Nigeria can only emerge from a people who are willing to see Nigeria in a new light.

Read Also“Most People Vote For Who They See Themselves In” – Korede Bello Speaks On Laycon’s Win

His tweet reads:

“Our problem is that we lack fresh ideas and only dwell on recycled & infective ideas to the problems our current leaders may or may not have created. A New Nigeria can only emerge from a people who see or are willing to see Nigeria in a new light”

See his tweet below:

Korede Bello’s tweet

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American Actor, Wesley Snipes ‘Blade’ Supports #EndSARS

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American Actor, Wesley Snipes 'Blade' Supports #EndSARS
American Actor, Wesley Snipes 'Blade' Supports #EndSARS

Wesley Snipes

Hollywood actor, Wesley Snipes, popularly known as ‘Blade’ has lent support to the #EndSARS movement. The American actor took to his Twitter page to simply tweet:

“#EndSARS”

The Florida-born 58-year-old movie star, film producer and author earned the moniker ‘Blade’ for his role as the titular character ‘Blade’ in Marvel’s film trilogy (1998-2004), ‘Blade’.

The most notable movies he has been on till date include ‘New Jack City’, ‘Passenger 57’, ‘U.S. Marshals’, ‘The Expendables 3’ and ‘The Player’.

Read Also:  #EndSARS: ‘We Want To Change Established Systems’ – Singer Bez

Snipes joins other international celebrities such as Kanye West, Trey Songz, Big Sean, John Boyega, Chance The Rapper, and Lil Baby who have lent their voices to the trending  #EndSARS movement.

See Wesley Snipes’ tweet below:

Wesley Snipes’ tweet

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