Exposed: A Must Read. How Lamido Sanusi, Senator Saraki, Lai Alabi Fraudulently Acquired Intercontinental Bank Plc

A letter written by founder and deposed Group Managing Director of defunct Intercontinental Bank Plc, Dr. Erastus Akingbola, to President Goodluck Ebele Jonathan details how suspended governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, Senator Bukola Saraki and Mahmoud Lai Alabi fraudulently took over the bank.

In the document, Akingbola reveals private conversations he had with Aliko Dangote, Senator Saraki and Mallam Sanusi before he was taken out of the bank.

The 7-page letter dated February 9th 2014 was published by The Will: See it after the cut..

B. Howard could be Micheal Jackson's son after all, according to DNA Test

From TMZ

There's a 99.9% chance a 31-year-old man is Michael Jackson's illegitimate son ... at least that's the claim after an alleged DNA test turned up a match.

According to the test results -- obtained by Alki David and his company, FilmOn.com - Brandon Howard is almost certainly Michael's son. David told TMZ Live he got MJ's dental impression from a Beverly Hills doctor that he got at an auction. The impression is 30 years old but David says its filled with DNA.

Brandon - who now goes by B Howard and looks and acts very much like Michael - was not present for the unveiling, but David says he had Howard's DNA and it matched up.

David would not say which lab performed the DNA test, but says it showed a clear match.

Brandon's mom - Miki Howard - is a famous gospel singer who Michael knew. She went by the name "Billy" back in 1982. Interestingly ..a year later Michael released "Billie Jean," which included the lyrics, "Billie Jean's not my lover" and "The kid is not my son."
See more after the cut:

US Government freezes over £500million of Late General Sani Abacha's loot

The United States government on March 5th said it had ordered a freeze on $458 million in assets hidden in European accounts by former Nigerian dictator Sani Abacha and his conspirators.

PM News reports that the Justice Department said the corruption proceeds, stashed away in bank accounts in Britain, France and Jersey, were frozen at Washington’s request with the help of local authorities.

Abacha died in office in 1998, but his surviving relatives still include some of the richest and most influential figures in Nigeria.

According to a civil forfeiture complaint unsealed in the US District Court in Washington, the department wants the recover more than $550 million in connection with the action.

“This is the largest civil forfeiture action to recover the proceeds of foreign official corruption ever brought by the department,” said Mythili Raman, acting assistant attorney general.

“General Abacha was one of the most notorious kleptocrats in memory, who embezzled billions from the people of Nigeria while millions lived in poverty,” she said.

The Justice Department said the assets frozen — along with additional assets named in the complaint — represent the “proceeds of corruption” during and after the military regime of Abacha, who became president of Nigeria through a military coup on November 17, 1993 and held that office until his death on June 8, 1998.

The complaint alleges that Abacha, his son Mohammed Sani Abacha, their associate Abubakar Atiku Bagudu and others “embezzled, misappropriated and extorted billions from the government of Nigeria and others, then laundered their criminal proceeds through the purchase of bonds backed by the United States using US financial institutions.”

Raman said that the action sends a “clear message” that the United States is “determined and equipped to confiscate the ill-gotten riches of corrupt leaders who drain the resources of their countries.”

The US government’s Kleptocracy Asset Recovery Initiative “where appropriate” provides for the return of stolen proceeds “to benefit the people harmed by these acts of corruption and abuse of office.”

It did not specify what action would be taken with regard to the Abacha case.
The funds frozen include approximately $313 million in two bank accounts in the Bailiwick of Jersey and $145 million in two bank accounts in France, the department said.

Four investment portfolios and three bank accounts in Britain were frozen, with an estimated value of at least $100 million but the exact amounts in the accounts have not yet been determined, it said.
The Justice Department said that on February 25 and 26, authorities in Jersey, France and Britain complied with the US action to freeze the assets.

The complaint also seeks to freeze five corporate entities registered in the British Virgin Islands.
According to the complaint, Abacha and others systematically embezzled billions of dollars in public funds from Nigeria’s central bank on the false pretense that the funds were necessary for national security. They withdrew the funds in cash and then moved the money overseas through US financial institutions.

Abacha and his finance minister, Anthony Ani, also allegedly caused the Nigerian government to buy Nigerian government bonds at vastly inflated prices from a company controlled by Bagudu and Mohammed Abacha. That operation created an an illegal windfall of more than $282 million.
In addition, Abacha and his co-conspirators allegedly extorted more than $11 million from a French civil engineering company, Dumez, and its Nigerian affiliate in connection with payments on government contracts.

Funds involved in each of these schemes were laundered through the United States in nine financial institutions, the complaint alleged.
The financial institutions involved include Citibank, Chase Manhattan Bank and Morgan Guaranty Trust Company, now JPMorgan Chase, and New York-based units of Britain’s Barclays Bank and Germany’s Commerzbank.

Last week, at a ceremony to mark the centenary of Nigeria’s formation by colonial lords, the Nigerian government headed by Goodluck Jonathan honoured Abacha, along with other past leaders for services rendered to Nigeria.