‘My story’, by victim of N9.8bn Nigerian fraud  

A man, Matthew Chukwu, on Tuesday told a Nigerian Federal High Court in Lagos that a “Wonder Bank” Operator, Fortune Etaba, defrauded him to the tune of over N2 million on the pretext of doubling the amount.
Chukwu, who is also a witness, was testifying at the resumed trial of Etaba, the Managing Director of the bank, charged with N9.8 billion(about $62 million) fraud.
Led in evidence by the Prosecutor, Mr Effiong Auquo, the witness told the court that he came in contact with the accused in 2009.
He said an agent to the accused, one Amos, had approached him at the Alaba International Market, on Nov. 28, 2009, with an offer of business promotion.
The witness said that the agent had told him that he was from a bank, Establishment House Ltd, adding that they were out to help facilitate the growth of businesses in Nigeria.
He told the court that the agent informed him that the company had branches in Denmark, Germany, Japan and Qatar and that they had come to better the lives of businessmen in Nigeria.
“The agent told me that I will get back an additional 50 per cent of any deposit I made with the bank, within 21 days.
“On Nov. 30, 2009, I followed him to his office for confirmation and I met the accused, Etaba, who confirmed to me that the offer was real.
“Immediately, I went back and got the sum of N1.5 million which I paid into the bank and subsequently, brought an additional N828,000.

NSCDC land scam: Corps admits involvement of two staff

An official of the NSCDC, yesterday, attested to the fact that a couple, Edike Daniels and his wife were using the name of the corps to sell plots of land around FCT to members of the public.
This testimony come barely one week after the Commandant-General of the Nigerian Security and Civil Defence Corps, NSCDC, Dr. Ade Abolurin, denied that were contentious issues regarding the sale of lands at the Federal Capital Territory, FCT.
The said couple are both Directors of a private company known as Dynamy Nigeria Limited.
The NSDC official, Mrs. Nnenna James in her testimony before the Committee investigating land racketeering in Abuja, declared that she had written payment receipts for more than 50 people who made payment in the NSCDC Commandant’s office.
She said she was re-posted from the Operation Department to the Housing, to facilitate the transactions. She said the posting was done by the FCT commandant, Rabe Sa’idu.
Rabe Sa’idu however admitted re-posting Mrs. James from her previous department to the Housing. This, he said was done due to the request by Edike Daniels, whose company was selling the lands.
Relatively, the solicitor of Dynamy Nigeria Limited, Mr. Benard Ben also disclosed to the committee that the sole Directors of the company were Edike Daniels and his wife even as staff of the NSCDC.
The solicitor pointed out that ACG Rabe Sa’idu gave “tacit approval” to three companies to start selling lands on behalf of the corps.

Property Acquisitions and Legal Issues in Nigeria
THE RISING SCAM IN NIGERIAN REAL ESTATE by Barrister (Mrs) Micah

I left Nigeria to London in my very young age where I successfully studied law in one of the top London University and went on to do Bar Vocational Course (BVC). Having spent so many years in London I thought it wise to come back to my country (Nigeria) to settle down with my family so that my children will know their root very well.
In order to continue my practice, I did my law school in Nigeria and started my practice as a Barrister & Solicitor Advocate of Nigeria.
Among other areas of speciality, conveyancing, Property Sales and Development is one of our area of expertise and through this experience I thought it wise to write this article to warn other Nigerians both local and Overseas about what they need to know before buying or selling properties in Nigeria.
Unfortunately, I will not like to overwhelm you with lots of information, however, if you are of any concern, do call me at appropriate time; I will be more than happy to answer your questions.
In doing so, I will like to share some personal and professional experiences with buying, selling, letting or renting properties in Nigeria. Things are very tough now making some people to become ‘fake’ estate agents as an umbrella to commit fraud.

Welcome to MYNAIJAEXPERIENCE.

We all have different stories to tell, we have been treated shabbily at different times, cheated, abused and taken advantaged of, we have no one to cry out to, yet the bad guys continue in their tracks, causing pains and anguish to helpless and hapless Nigerians. This is an opportunity for you to narrate your nasty experience in Nigeria. On this blog, we will be blunt, we will name the names and shame the shame, we won’t spare anyone, no matter highly placed. IN THE FACE OF WICKEDNESS, SILENCE IS NOT GOLDEN.

On the other hand, we have around us, good people who are all out to affect lives, help the helpless, create a future for the hopeless and work tirelessly to leave a better Nigeria behind for their children. Such persons deserve our commendation and appreciation. Please don’t hold it back, narrate the good stories about Nigeria and good treatment meted out to you by Nigerians.

THAT’S ALL WE DO ON MYNAIJAEXPERIENCE, it’s your site, let’s use this to sanitize our society. All stories should be sent to wallbuildersnig@gmail.com, they shall be published verbatim and unedited provided they are accompanied with author’s name and phone number.
Enjoy our world as we clean up our society.