Foremost whistleblower in Nigeria and chairman, George Uboh Whistleblowers network, Dr. George Uboh has congratulated Nigerians over the recent judgement passed by , a Federal High Court in Lagos.
The Court had ordered $793 million in TSA funds hidden in 7 banks in collusion with some government officials to be remitted to TSA account.
Dr. Uboh dedicated a special memo he personally made available to Elombah.com on Friday, titled “Fellow Nigerians, wake up and Smell the Coffee”.
The foremost whistleblower enjoined Nigerians to celebrate as the Chokehold the Banks have on Nigeria and Nigerians has been broken.
He wrote:
“Yesterday, July 20, 2017, a Federal High Court in Lagos ordered $793M in TSA funds hidden in 7 banks in collusion with some government officials to be remitted to TSA account.
In February/March, 2016, George Uboh traced N324 Billion Naira in banks (over 1 Billion USD then) within 27 days in TSA funds under federal engagement; the banks, knowing Uboh would trace Trillions of Naira, scuttled the engagement hence Uboh coined the phrase “Banking Sector Mafia” in his May 9, 2016 open letter to President Buhari in which he posited that President buhari’s cardinal TSA directive was being flouted.
In late August 2016, CBN Governor found $2 Billion TSA funds in 8 banks, threatening to sanction the banks, albeit he did not find anything at Zenith, prompting Uboh to hold press conferences criticizing him for such self-serving exoneration of Zenith bank.
In December 2016, Finance Minister found over N500 Billion TSA funds hidden in banks by MDAs which prompted Uboh to hold press conferences, and met with the Finance Minister on January 16, 2017 on the need to use whistleblowers policy to recover Trillions in TSA funds hidden in banks.
“Nigeria can no longer borrow”
Finance Minister’s July 10, 2017 Statement
“Banks are involved in Corruption and should be sanctioned”:
Acting President Osinbajo’s Statement on June 5, 2017 during the Conference on Illicit Funds, prompting Uboh to send him a congratulatory message that trended for four days on Galaxy TV news bar, but asking him to recover the N1.993 Trillion Naira EFCC hid in banks as alleged by Uboh.
“Banking is necessary, Banks are not.” — Bill Gates
“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” — President Henry Ford
“I sincerely believe that banking establishments are more dangerous than standing armies.” — President Thomas Jefferson
Fellow Nigerians, the richest man in the world and two former Presidents of the free world have been bitten by the hydra-headed cobra called “banks” hence the above quotes.
Please rise up to challenge the banks in Nigeria if we must get out of this dire financial strait we have found ourselves. [End]
Anyone who is conversant with the works of Dr. Uboh will not find it hard to understand why he is so ecstatic about the judgement.
Uboh had been on the frontline blaring the alarm that banks are the bane of our economic growth and subsequent collapse.
In a report titled “Banks’ Role In Corruption: Osinbajo Has Vindicated Me —George Uboh“, he stated that Osinbajo vindicated his stance on how banks aid and abet massive corruption in Nigeria.
Hailing Osinbajo, he said that at last, “the chicken has come home to roost again”.
He was alluding to the Acting President’s speech at the conference on the flow of illicit funds and asset recovery.
During his speech, Osinbajo labelled banks as conspirators in looting and, therefore, called for sanctions of the culpable banks.
Speaking at the conference, Akere Muna of Cameroon brilliantly posited, though, that merely freezing funds in bank accounts does not mean recovery until the funds are transferred into government coffers.
George Uboh said that this is the song he has been singing to any ear that cares to listen.
With the recent judgement, the song on his lips will no doubt be: “The court has vindicated me again!”
Recently, Uboh had given himself a pat on the back after another Lagos High Court ruled that the Federal Government must disclose names of looters and amounts looted.
The court ruled that the recovered funds must be published for the public’s consumption.
The presiding judge, Justice Shagari of Lagos High Court upheld the long-held view of George Uboh that names of looters and amounts looted must be disclosed publicly.