Monday 1 February 2016

'Owners' of Nigeria: Abdullahi Mohammed (Former FCT Minister Bala Mohammed's 25yo son buys N800m sports car, evades custom duties

Owners of Nigeria: Abdullahi Mohammed (Former FCT Minister Bala Mohammed's 25yo son buys N800m sports car, evades custom duties
Abdullahi Mohammed, the exuberant, unbelievably wealthy 25 year old billionaire son of a former Federal Capital Territory (FCT), Bala Mohammed, is in the news again.

Abdullahi Ibrahim, a man with no clear means of livelihood, estimated be worth  N35 Billion, has cars in his fleet worth over N2 billion. He was recently busted by the Nigeria Customs Service for evasion of duties worth about N124 million.


The two children of Bala Mohammed, all under 30 years old, are alleged to have stashed about N35 billion in Unity Bank, UBA and an offshore account in Dubai.

The two sons who are said to be notorious for harassing and getting contracts from various agencies and staffers of the FCTA using fronts and proxies.

The first son, Shamsudeen was reported to have crushed a 22 year-old citizen of the FCT, Mark Musa, to death along the Shehu Musa YAr’Adua expressway opposite the National Health Insurance Scheme headquarters. He is fond of sponsoring a ring of his nouveau riche friends in car racing competitions on Abuja streets.
Flaunting illicit wealth: Owners of Nigeria: Abdullahi Mohammed (Former FCT Minister Bala Mohammed's 25yo son buys N800m sports car, evades custom duties

As soon as the death of Mark Musa was reported, the minister was alleged to have moved in prompting the FCT Command of the Nigeria Police to cover up the matter. In return, the parents of Mark Musa were threatened that they would be locked up because their deceased son was the one who almost caused the death of the minister’s son.

Abdullahi’s fleet has Porshe, G Wagons of different grades, Lamborgini, Ferraris, and the N800 million MaClaren 650S Coupe, which his friends told Pointblanknews.com, was bought for car racing, not pleasure driving.

Related Story:
Abdullahi Ibrahim, the minister’s second son is the sponsor of car racing in Abuja. At the last count, we were told by those who know that about 28 people have so far been victims of their car racing activities.

The vehicle’s duty ought to be N124 million but upon investigations, it was discovered a mere N300,000 was paid, thus defrauding the government of about N123,7000,000. Uche Ejesieme, Federal Operations Unit, Zone A, Ikeja Lagos Spokesman said the man has been released on bail, while investigation into the matter was ongoing.
Dividends of Nigeria's 'democracy'

“The man claims to be former minister’s son. He was arrested on Friday but has been released on bail since it’s a bailable offence. Investigation is ongoing at least to know how he was able to get away with paying just over N300,000. Our officer in charge of the Legal department says the duty should be about N124 million”, the spokesman told Sunday Sun on phone.

Findings show the vehicle costs about $287,000 (over N80 million) in the US.The MaClaren 650S Coupe starts at USD $265,500 and USD $280,225 for the 650S Spider in the US, whIle in CAD $305,500 respectively. It is a sport car in the range of the Ferari and other luxurious coupes.

The ex FCT minister’s sons run a land racketeering cartel. Some of their friends join in the operations. If contractors are owed and are not paid, all they need do is get to anyone of the cartel members, negotiate the terms with them and pay upfront to their account and in matters of days their monies are settled into their account.

Directors who work in the ministry dare them at their own risk. The orders of the two boys have the power of a ministerial order. They ask for funds transfer, land allocation in any part of the FCT from Asokoro, Maitama, Lokogoma etc.

Bank accounts used for these businesses are already in our possession.

Checks revealed that some of the accounts have their pictures, names and signatures, while some have a different picture, different name but their signatures. Their business folks also run some of these accounts including some offshore accounts.

In the Unity Bank and UBA accounts, the boys are worth more than N10billion while the Dubai account is reported to be worth in excess of N15billion.


No comments:

Post a Comment