Monday, 14 April 2014

Laide Bakare’s Ex- Husband Blasts Her Over New Husband’s Fraud Case + More Journalists Dig Into The Matter & MTN Confirms He Is Wanted



Laide Bakare’s ex-husband, Olumide Okufulure said she is just starting and the wrath of God will soon fall on her, when asked in a new interview how he feels about Laide’s present condition and how her husband is wanted by EFCC, he said, she is such a wicked person and she should expect more.

By the way some journalists have, made further investigations into the fraud case of Alhaji Mutairu Orilowo (Laide’s present husband) when he issued a press statement few days ago that he was not wanted by EFCC and they are only trying to drag his name in the mud, alleging he will be suing them soon. Apparently, most of what he said turned out to be a ‘lie’, when a journalist with E24-7 magazine made more investigation into the matter.  Continue after the cut.


What Her Ex, Told The Magazine

You see, Laide has just started. She hasn't even reached where she's going. She will soon leave this Alhaji because she likes a comfortable place. I heard she claims that I don't have money. Now she's where she can get money. When I met her, she was driving a Celica. I bought her a 2 million Chrysler car. When she had our child, I bought a first-class ticket for her to bring our baby. I later bought Infinity Jeep that she gave her younger sibling.  When she was about to marry me, it was the money she saw. When she came to America, I bought her a 4matic Benz. Laide isn't a good person, she is yet to see God's wrath."


From E24-7 Magazine

‘Catch me if you can’   seems to be the song on the lips of Alhaji Atanda Mutairu Babatunde Orilowo,
 popularly known as ATM, declared wanted by the Economic and Financial Crimes Commission (EFCC) in connection with a case of criminal conspiracy, obtaining money under false pretences and stealing, as E24-7 magazine's checks revealed ugly and shocking details of the N2.5 billion naira scam involved.

Mutairu, 47, and 5'7 feet tall, E24-7 magazine checks revealed, allegedly connived with two past executives of MTN’s Employee Multipurpose  Cooperative Society, namely,  Victor Akintunde and Gani Mustapha to defraud members having been  contacted   by the legal department of the telecommunications company to stop with further notice the purchase of 13 hectares of land, out of which 5hectares Orilowo bought from his family, BabaEgbe  had issues.

To the dismay of the department, Victor Akintunde  ignored the caveat, made another payment of N40million after the initial N10m totaling N50m, being part payment without approval or any formal documentation from Orilowo’s Primavera Company. Again, the two former excos on their own transferred the sum of N990million to Primavera to purchase the 13hectares in Okun Aja area of Lagos.
The MTN Employee Multipurpose Cooperative Society’s executive had on their own approached Orilowo, a land speculator to purchase for them the 321 plots for the proposed Y’ello Estate. Within 2006 and 2009, checks revealed, the two executives acting on their own authorized the transfer of almost N700million to Orilowo’s company, Primavera.

 While another purchase of  the 26hectares of land belonged to the Jagun Opolu family, Orilowo gave MEMCOS the impression that it was his property. Findings showed that while he was paid N700million by MEMCOS, for the land, assumed to be his own, he paid the representative of the family he bought it from, one Atiku, the sum of N200million. Atiku eventually paid the family N36million.  In 2010, the Jagun Opolu family got wind of the fact that Primavera was not remitting to them accordingly, they wrote MEMCOS to pay them directly henceforth.

Within members, undue delay led to agitations and many acts of financial misappropriation started to unfold. The 26hectares from the Jagun Opolu family initially put at N963million, it was found N863million was paid. To save face, the disgraced exco, ran to the Jagun Opolu family to raise a fictitious document that the hectares of land was sold at N1.4bn with MEMCOS yet to pay the balance. Other financial discrepancies  were found in the claim to obtain title deeds, September 22, 2008,  an additional N290 paid after the  initial N990m),   tax clearance for  land owners, Zenith Bank’s N120m cheque issued to Primavera on 23rd January, 2009  whereas N9million was initially  paid to Lagos State Government for tax clearance. Another bogus payment was found 23 July 2008 when N310m Zenith Bank’s cheque was issued to Primavera by the past executives and only the sum of N76m was paid to LASG to process the land documents.

Apparently dissatisfied with the whole process, the new excos of MEMCOS advertised the contract, calling companies to   tender their bids. A new company, Trioteknix got the job and several clogs have been thrown into their steps to execute the project since 2011. As at April 2014, thousands of staffers of MTN who are members of MEMCOS don’t know their fate,   six years after the promise to deliver the housing project in 24months.  Triotekniks, the new contractor is battling with waterlogged land to be sandfilled and undue interference from the land prospectors and a law suit.

Orilowo who was later dragged to EFCC, and interrogated suddenly disappeared and consequently, he was declared wanted. Notice of his arrest was issued and advertised in a national daily and on the financial crime commission’s website as at the time of filing this report. He was widely reported to have absconded. Last week, the property merchant through his reps issued a statement that refuted the claim by EFCC that he was on the run.  He accused top MTN’s staffer of attempt to hijack the project because he was the only one handling it. Throwing her support behind her husband, Laide Bakare said: “False allegations. Okun Aja is not far. You  can visit the Y’ellow Estate and my husband has done it for them. He also has a judgement against MTN people in court. My husband has fully delivered the job and they must pay him.”

But in  a swift reaction, Mrs. Funmilayo Mustapha,  a General Manager with MTN and an executive member of MEMCOS insisted that  Primavera’s Mutairu in connivance  with  Victor Akintunde and Gani Mustapha,  defrauded the Cooperative Society of  about  “N2.5billion which we have every evidence to prove it  already with EFCC. We are in the court and they are already arraigned, Primavera, that is Alhaji Mutairu has already absconded and the court has  given a bench warrant to get him arrested anywhere he is seen.

On Mutairu’s claim that some top staffs of MTN wanted to hijack the project, she said, “MTN is different from MEMCOS. MTN has no relationship with Primavera or Mutairu.  No, there is no top staff that wanted to hijack. He defrauded and I am a General Manager in MTN and the reason why I came into this is to take back the money of low level staffs, because low level staff, middle-level staffs they contributed into this, even their families and friends contributed into this and by that fact there is no top management staff that wanted to hijack, they wanted transparency, that was the reason why they said he should stop because there was no written contract agreement between MEMCOS and Primavera. They had the intention of defrauding, Primavera, Victor Akintunde, Gani Mustapha and Alhaji Mutairu they all had the intention of defrauding members of MTN’s Cooperative by not giving them houses. N2.5b has been contributed.

Asked if those past executives are still in the employment of MTN, she said: “No, they are not, MTN disengaged with them because we never believed in people who lack integrity; the watchword of MTN is integrity, so whenever we discover that your integrity is impaired no matter how little, we have to disengage with you. MTN disengaged with them since December  2012,” she said.

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