CNN Attacks On Nigerians In Houston & Why Nigeria’s Image Matters Print E-mail
Sunday, 04 June 2006

Houston-Texas, United States generated two very dramatic events in the last days of May 2006.

A trial court in Houston, through its jury announced the convictions of Enron founder Mr. Kenneth Lay and Jeffrey Skilling, the former chairman and chief executive respectively, of the now defunct Enron Energy Corporation, that was in its heydays, headquartered in Houston, and Enron was a Houston renowned institution, I might add. But then, Enron engaged in fuzzy math and it landed in legal hot waters!

Enron was once the toast of the financial markets and the darling of Wall Street. Enron had a spectacular rise to phenomenal heights on the rockets of success, at the end, Enron was a victim of its success, its fictitious success to which it was catapulted, with funny mathematics.

Why did CNN focus on a few Nigerians in Houston Despite the Enron Catastrophe in Houston? Is this just a matter of perception and perspectives? How did CNN manage to neglect the forest of the Enron debacle, while CNN was in hot pursuit of a few crumbs of trees by way of a few Nigerian immigrants involved in frauds?

Time Magazine described the Enron debacle in these words; After a four-year investigation, 16 weeks of testimony and less than six days of deliberations, a jury of eight women and four men decided the decline and fall of Enron weren’t just bad press and bad luck, as the two had claimed.

The rot came from within. For all the Porsches parked in the company garage, it turns out Enron didn’t have much in the bank. Forensic auditors have discovered that cash flow in 2000, the money left over after the bills are paid, was a negative $153 million, not the heady $3 billion claimed. The nearly $1 billion profit was bogus. Forget 2001/ Even the auditors couldn’t fathom the books that year. Banks like JPMorgan Chase and Citigroup, who financed Enron's schemes with stock and bond offerings, have already agreed to pay $7.3 billion in restitution to shareholders. Sentencing for Lay and Skilling is set for September, but with the trial over, 16 other Enron employees who turned state's witness can also be sentenced.

Enron's stock price was up 36% last week, despite the news that founder Ken Lay and former CEO Jeff Skilling had been convicted of lying to investors and employees as the company sank into bankruptcy in 2001. The once mighty energy firm, which traded at $90 a share six years ago, is selling for 15¢, up 4¢ on the day after the verdicts. It would be laughable if so many people hadn't lost so much--stockholders lost $60 billion in market value, long-serving employees lost more than $2 billion in pension money, and 5,600 people lost their jobs.

Today not much is left of the pipeline company that Lay, the preacher's son from Missouri, turned into a high-flying purveyor of wind and water, electricity and energy emissions and, ultimately, hot air

The moral victory is won, says Steve Berman, a Seattle attorney representing some 21,000 employees who lost their pensions. Enron joins WorldCom, Adelphia and Tyco among the big companies busted by President Bush's Corporate Fraud Task Force, which has won 1,063 convictions, including guilty verdicts against 36 chief financial officers and 167 corporate CEOs and presidents. The 64-year-old founder faces up to 165 years of hard time; Skilling, 52, is up against a possible 185 years.

The jury found that Lay criminally touted the stock even after whistle-blower Sherron Watkins gave him her famous memo in August 2001 warning that Enron's accounting was deeply flawed; Skilling had quit only days before. Both men were found guilty on every charge of fraud and conspiracy in the indictment--six against Lay, 13 against Skilling. While Skilling was acquitted on nine charges of insider trading, he and Lay were also convicted on various other charges involving stock sales and audits.

Sam Buell, an early member of the Enron Task Force, remembers how difficult it was to assemble a case back in January 2002--a month after the company's bankruptcy and with the suicide of Enron's vice chairman Cliff Baxter seared into everyone's conscience. "Enron was the 9/11 of the financial markets," says Buell, now a visiting law professor at the University of Texas, "but nobody wanted to be a witness." Slowly, the task force's prosecutors turned the screws on the bad guys.”

 

It is funny how CNN, an American media giant, known worldwide, chose to focus on the petty crimes of some Nigerian immigrants in Houston, while a court in the same Houston, was rendering verdicts in corporate greed that led to the Enron debacle. It goes to show that it is all a matter of prisms, perceptions and perspectives. Where you stand on issues, is determined by where you sit. Arizona according to The New York Times, is the identity theft capital of America and not Houston. STOLEN LIVES; Technology and Easy Credit Give Identity Thieves an Edge Phoenix-Arizona, In a Scottsdale police station last ... highest rate of identity theft complaints in the nation ... to print checks in his victims' names. So, why did CNN focus on the Nigerians in Houston? Is it because the thieves in Arizona are not Nigerians?

 

Nigeria Image Matters

All Nigerians should respond vigorously to CNN’s offensive and unacceptable generalizations about Nigerians in Houston and Nigerian immigrants in the Americas as a whole. Nigerians should write protest letters, phone calls and emails to CNN to debunk CNN's claim to the effect that forty percent of Nigerians in America are into frauds and crimes. Such claim by CNN is erroneous and it is baseless. The spurious numbers that CNN used are not based on empirical data or analyses.

Sabella O Abidde wrote an excellent essay titled Images from and about Africa , an article to which I wrote a rejoinder, A Response to: Images from and about Africa by Sabella Abidde and that was before my attention was drawn to the full impact of the CNN story about Nigerians in Houston. I abhor all crimes and criminals. But that does not allow CNN, the press generalize about Nigerians and Nigeria. And law abiding and hardworking decent Nigerians should not feel the need to bow their heads in shame.

 I work eighty hours a week in New York City and there are many Nigerians who hold two jobs in America. The great majority of Nigerians in America are decent and dignified persons and we have no apologies to make to anyone for the behavior of a few Nigerians. We resent being measured and grouped with miscreants or criminal elements.

Unless the new logic is that all Americans should bury their heads in shame because of the frauds and criminal acts of Mr. Ken Lay and Jeff Skilling of Enron? All Americans should be ashamed for the criminal behaviors of the executives of Enron which joins WorldCom, Adelphia and Tyco, AIG, Halliburton etc, all of them, American companies that have engaged in the most egregious corporate frauds.

Unless the new logic is that all Americans should now bury their heads in shame for the brutal killings by some American soldiers in Haditha in Iraq, and the now infamous abuses by American military personnel in Afghanistan or Abu Gharib in Iraq and at Guantannamo Bay prisons in Cuba or the Mai Lai massacre in Vietnam. Decent Nigerians in America and worldwide have nothing to apologize for or be ashamed about!

We must be clear therefore, that every actions and words by persons or media that impact Nigeria’s image negatively, should warrant vigorous response from all of us. It is all about us. Regardless of who is president of Nigeria and regardless of what form of government operates in Nigeria at the given time. It must be clear to all Nigerians, at home and abroad, that what affect Nigeria affects all of us. Nigerians must make offensive generalizations about Nigeria an expensive proposition or undertaking. There should be consequences and heavy price to pay by anyone who generalizes about Nigerians and Nigeria.

Africans must engage in self-definition and self-assertion, there are no alternatives! As we define and assert ourselves, we must also always respond to mischaracterizations.

Africans have been the recipients of an unfair amount of meddling, interferences and outright interruptions by external forces of evil. There are of course, in Africa, people who are human beings, like every other human being on earth, who are not in possession of plentiful virtue, but instead warped attributes or vices.

It has become exceedingly easy, sexy and even entertaining to be extremely critical of the African continent and its travails.

Africa’s litany of critics, are conversely unwilling to critically examine the role and impact of external factors, and external players that have created, that sustains and even exacerbates the crises and sufferings in Africa. Adversities and perversities have sources and causes remote and immediate, internal and external.

I wondered why he did not question why BBC, CNN, Fox etc never talk to or about Nigerian/African medical doctors, lawyers, bankers, stock brokers etc why the fixation and auto focus on adversity and perversity? Or the man bite dog angle? There is a stock exchange in Nigeria and there are brokers there, there are companies there… let CNN and the BBC talk about the Nigerian Stock Exchange for a change!

Let the Western media talk to some Nigerian/African doctors and lawyers and business persons for a change! Let the western media leave their voyeurism for a week and talk instead about marriage, birth, death, sunrise and sunset in Africa. Human angles presented without the usual gory adversities and perversities. Is there joy in Africa?

If you watch or listen to Western media long enough, you will start to believe that there are only wars and famine and ebola in all of Africa every time, anytime and all the time!

 

 

Cable New Network otherwise known as CNN worldwide, attained its reputation partly because it is trail blazer in many respects and partly, as well, because it practice journalism by the book. CNN became household name with instant name recognition.

CNN however is fast becoming a bastion of shoddy and sloppy journalism.

This erstwhile dignified and respectable cable television network with international reputation now wallows in sensationalism in its reportage. CNN now practices yellow journalism of the worst tabloid types!

In recent times, CNN has had to retract series of false and inaccurate stories

On behalf of Nigerians in the Americas and on behalf of Nigerians in the motherland and worldwide; we must protest the offensive and stereotypical portrayal of Nigerians by the Cable News Network, CNN. Media houses are increasingly desperate for advertisers dollars. And as a result, they resort to sensationalisms and voyeurisms to attract readers and viewers, which in turn attract advertisers or sponsors.

We are outraged by CNN’s cavalier and most perversely convenient presentation of some Nigerians in Houston alleged to be engaged in unsavory activities. CNN’s presentation created the impression that Nigerians have a particular bent for identity theft crimes.

It is my belief that such portrayal is malicious and a demonstration of lazy journalism.

CNN is supposed to be a highly esteemed news network. I am are very disappointed that CNN chose to castigate and label Nigerians and Nigeria as CNN did, in a manner that suggested that Nigerians in America and Houston in particular are engaged in criminal activities in a pervasive way. Why does CNN paint Nigerians with such negative broad brush generalizations?

Nigerians are hardworking people and law abiding citizens in America and elsewhere in the world. It is journalistic irresponsibility on the part of CNN to portray Nigerians in Houston as if they posses a peculiar predisposition for identity theft crimes.

And as such, CNN has in an intellectually lazy storyline, portrayed Nigerians in Houston as some sorts of monolithic lot. Watching that CNN feature, one will come away with the impressions, that Nigerians in Houston are a bunch of bad guest in their host American communities. If a Nigerian medical doctor or a Nigerian lawyer was to say that she believed that Nigerians in a particular locality in America constituted forty percent of her particular profession, would that make it true, especially when such assertion is not supported with empirical data?

I am are certain that CNN and the rest of the world know or at least, ought to know that there are virtues and vices within every community on God’s earth.

I am are certain, as well, that CNN knows or has reasons to know that there are Nigerians in Houston who have excelled in various fields of human endeavors. There Nigerians in Houston and all over America, who are medical doctors, lawyers, nurses, taxi drivers, security guards.

CNN ought to be interested in Nigerians who have contributed immensely and added value to Houston and other communities in America that are host to Nigerians.

We demand that CNN do a follow up story about Nigerians in Houston and other parts of America who are doing positive things.

There are Nigerians who are volunteers.

The overwhelming majority of Nigerians in Houston and other parts of America are law abiding, tax paying and voting neighbors of others as Americans or resident aliens.

CNN has engaged is gross misuse of its renowned medium to disseminate stereotypical information about Nigerians. CNN engaged in an extremely perverse generalizations regarding involvement by some Nigerians in identity theft.

Were the folks at CNN interested in a fair or balanced story, CNN would have sought Nigerians in Houston who are involved in legitimate work. Some Nigerians in Houston and throughout America hold two jobs simultaneously.

CNN’s depiction of Nigerians in Houston and all of America, as specializing in fraudulent activities, including identity thefts is most offensive and unacceptable.

There are over two million Nigerian citizens residing in the USA, including bonafide Nigeria-American citizens and permanent resident. CNN and the world should be aware that the average Nigerian immigrant in America has a college degree and higher education in comparison to most, this, according to the United States Census Bureau.

Nigerians in America are employed and they continue to make meaningful contributions and continue to add value to their local communities here America. It is mischievous and a disservice to peoples of America and Nigeria, for CNN to create these wrong impressions about Nigerians who are in fact model immigrants.

CNN has engaged in pedestrian journalism with its generalizations about Nigerians. We are sure than CNN would not generalize about Italians Americans because of a few who are involved in organized crime or Mafia. And I am sure that CNN will not portray all Colombians in America as cocaine dealers, because of the act of a few Colombians. CNN knows that it will be wrong to portray every Afghan in America as a Taliban terrorist!

Nigerians worldwide object in the strongest of terms, to CNN’s false and stereotypical depictions and negative portrayal of Nigerians carte blanche.

Lawcareer@msn.com




RobotRobot is offline 
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 # 1

Houston, Texas United States generated two very dramatic events in the last days ...Read the full article.

Posted by Robot| 04.06.2006 23:57

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OghreOghre is offline 
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Has there been a formal complaint to the US government by the Nigeria Government through its embassy? I know the US government can claim they have no control over a free press but these organisations use indices, statistics and comments from truculent and moronic public and private officials in the country?

Has there been a rebuttal of these reckless and obtuse propanganda by the Nigeria Government, citizens and other organisations?

Will there be Nigerian organisations inside and outside the US willing to sue for libel in the face of this incitment of hatred?

If this answer is no then I am afraid the trend will continue unabated for as long as we don't use a western country to set a good example to curtail this attempt to collectively tarnish our reputation internationally.

Posted by Oghre| 05.06.2006 07:10

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My dear Paul,

Unlike many other NVS members who are now shedding crocodile tears over this matter, one can easily empathise with you especially in view of your well-known respect and love for our nation. You and some of us indeed share the same characteristic in that even though we are not Yoruba, we insist on being proud of our nation irreespective of the ethnic origin of the president. We all know that behind much of the noises against Obasanjo were considerable ethnic resentments.

But in sharing this grief with you, one must nevertheless point out that the fault was not that of the CNN but the many Nigerians who are in the habit of disparaging their nations at every forum.

Out of personal frustrations (as if someone forced them to check out to foreign lands), ethnic wahala and sheer political sentiments, a lot of crazy things have been written on the internet about Nigeria. In fact, when summed together, many of the useless things being written by Nigerians on the internet will forever make the CNN report look like a child's play. So, why blame the CNN?

One day, I was in my office with some American colleagues---all watching the CNN Financial Report which was then breaking the news of Saddam Hussein's capture. People from all across America were sending e-mails to the program. And suddenly, one stupid Nigerian sent a mail to the program to "passionately plead with the American government to go capture the Nigerian president just as they captured the Iraqi president". Before I could recover from the embarrassing shock, one of my colleagues quickly chipped in, asking "who the hell is this one...what has the Nigerian president got to do with the issue of Sadam Hussein?"

Then, the rest of the guys looked at me with gestures asking for some explanations. Of course, I could only shake my head in wonder as I explained the Nigerian situation to them. I did inform them about some Nigerians shameful attitude of introducing tribalism, sentiments, personal frustrations etc into every political issue in my country. It was a huge shame that one Nigerian ***** would send such a mail to the CNN over a completely different issue.

These are the reasons why my good friend (Femi) once "advised" the State Dept to direct American citizens to some Nigerian-oriented web sites instead of wasting its time issuing travel warnings about Nigeria.

So, I ask again, why blame the CNN?

Posted by Nosa| 05.06.2006 08:26

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CNN PRESENTS: How to Rob a Bank Aired May 20, 2006 - 20:00 ET
THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.
OPEN:

ANNOUNCER (voice-over): CNN PRESENTS, winner of the International Documentary Association's distinguished award for best continuing series.

(BEGIN GRAPHIC)

Houston has one of the nation's highest rates of identity theft.

(END GRAPHIC)

JASON CARPENTER, IDENTITY THIEF: It would take me two or three hours and I would have your information -- social security number, date of birth, driver's license number, bank account numbers.

(BEGIN GRAPHIC)

The average victim spends 40 hours to straighten out the mess.

(END GRAPHIC)

UNIDENTIFIED MALE: I mean, somebody I don't even know has taken money out of my account.

(BEGIN GRAPHIC)

Identity thieves steal as much as $50 billion per year.

(END GRAPHIC)

UNIDENTIFIED MALE: Instead of blowing through the front doors of a bank, guns a blazing, they took my identity. That was their mask.

(BEGIN GRAPHIC)

Identity theft is now the most common way to rob a bank.

(END GRAPHIC)

UNIDENTIFIED MALE: They're doing the same thing Bonnie and Clyde did. They're stealing money from the bank.

It costs us all in the long run.


Part 1
UNIDENTIFIED MALE: There we go. All right. There we go, sweetheart.

DREW GRIFFIN, CNN ANCHOR (voice-over): When Houston Veterinarian Mike Janney opened his clinic in 1999...

MIKE JANNEY, VETERINARIAN: She's real tender down here in her abdomen.

GRIFFIN: ...he also opened a $90,000 line of credit with Bank One.

JANNEY: It was for emergencies only. If I ever needed to get a loan, I didn't have to go to a banker anymore, I could just write a check for up to $90,000 if I needed money real fast.

GRIFFIN: Fortunately, business was good. Janney didn't need the line of credit.

JANNEY: I still have the original first check from this account, check 1001.

GRIFFIN: Then why would he get a notice from Bank One two years later, claiming he owed $85,000.

JANNEY: And I'm thinking to myself, how can this be? I've never even used this account.

GRIFFIN: Around the country, other Bank One customers were asking the same question because they had the same problem. And at first, no one at the bank had an answer.

(BEGIN GRAPHIC)

The case of the missing $12,000,000.

(END GRAPHIC)

GRIFFIN (on camera): A Bank One fraud investigator described it as a gusher, a problem so big the bank needed help from the feds. What was eventually uncovered is a chilling example of employees stealing the private information we all entrust to our banks.

(Voice-over): Matthew Boyden was one of the federal agents on a case.

MATTHEW BOYDEN, FEDERAL AGENT: Usually I can find at least one counterfeit license in here.

GRIFFIN: Working for the U.S. Postal Inspection Service, he enforces the laws against mail fraud, crimes that often use stolen identities.

BOYDEN: That's fake. That's fake. That's fake.

See how it's typed in like this?

You never know who the crook really is. Their entire -- everything about them is under somebody else's name.

GRIFFIN: Many of the thieves Boyden has nabbed are from Houston's large Nigerian community, who, without even entering a bank, have figured out how to hold them up.

BOYDEN: I've had several tell me it's so easy to do, no one gets hurt and it's somewhat our system's fault.

GRIFFIN: In the case of Bank One, authorities say three Nigerian immigrants, Morris Brown Okolo, Joseph Yinka (ph) Sobode, and Idowu Ishola were among the ring leaders.

BOYDEN: They were successful at stealing large amounts of money.

GRIFFIN: How did they do it?

Step one, getting account information. And what could be better than the customer service center where the ring leaders recruited rogue employees to build an information pipeline.

Boyden's investigation turned up this wish list -- name and address, mother's maiden name, date of birth, social security number and account number.

BOYDEN: That's the information that the bad guy needs to do what it is he wants to do.

GRIFFIN: Step two, take over the account.

(On camera): Armed with the account information, the fraudsters impersonated real customers. They ordered new blank checks and had them mailed to vacant apartments, including some in this large complex.

(Voice-over): Step three, rob the bank. The diverted checks, all valid, were written to other participants in the fraud who would deposit them in other banks and wait for the checks to clear.

(On camera): It is a whole new way to rob a bank.

BOYDEN: It's a lot easier and a fairly sophisticated and common way to do it.

GRIFFIN (voice-over): Some of the juiciest targets were businesses.

UNIDENTIFIED MALE: Get one of your boys to give you a hand with that.

GRIFFIN: Ronnie Sanders owns Triangle Metals. Unbeknownst to him, someone called Bank One and said Triangle Metals had a new address, had moved from an industrial section of Nederland, Texas, to this house in Houston, 100 miles away.

RONNIE SANDERS, OWNS TRIANGLE METALS: I would have thought it would have at least been in a business district.

GRIFFIN: When a batch of freshly printed checks arrived at the phony address, the heist went into overdrive, $37,000 $38,000, $39,000 checks -- fraud, totaling $195,000.

SANDERS: It's a form of bank robbery, that's for sure.

GRIFFIN: Some of the largest checks were pay to the order of Floyd Turner and pay to the order of Ronald Humphrey. Turner and Humphrey are former professional football players, teammates on the 1994 Indianapolis Colts.

SANDERS: Is this for real? It's just really hard to believe.

GRIFFIN: Believe it.

BOYDEN: The people running this scheme were looking for individuals who could move large amounts of money without suspicion. GRIFFIN: Authorities say the two athletes laundered more than $1 million in checks, money that was split with the Nigerians who were calling the shots.

BOYDEN: Generally, at the bottom end, we found people who would cash a check would get 50 percent of the face value and then have to send the money back up.

GRIFFIN: The scheme was nearly perfect -- get account information from an insider, call the bank to order new checks, and then raid the accounts.

But eventually, the bank's fraud investigators and federal agents were able to connect the dots to 30 conspirators.

The people at the bottom who were caught first, including the two football players, pled guilty. They ratted out the higher ups. Prison time for heavy hitters -- as much as 168 months. That's 14 years.

BOYDEN: Several of these people viewed it as an innocent or victimless crime.

GRIFFIN (on camera): Is it victimless?

BOYDEN: Absolutely not.

GRIFFIN (voice-over): Bank One was the victim. Its customers didn't lose a penny because the bank ate the loss -- $12 million.

BOYDEN: A lot of money has been wired overseas or out of the country. It's gone.

GRIFFIN: The Nigerian ring leaders either declined our request for an interview or didn't respond to the letters we sent them in prison.

The two pro athletes, Turner and Humphrey, also declined to be interviewed.

As for Bank One, know now merged with J.P. Morgan Chase, a spokesman told us the bank has tightened up security to better monitor customer service reps and account information.

For all banks, it's a never ending battle, because frauds mutate like a virus.

BOYDEN: It's evolution at its finest.

GRIFFIN: When we come back...

JESSICA DUROE (ph), IDENTITY THEFT VICTIM: They told me I had a credit card and that I owed them $3,000. And I told them, that's impossible.

GRIFFIN: You know those credit card applications you dump in the trash? Well, they can be as good as gold to an identity thief.

Part 2

GRIFFIN: Every year, banks mail out 5 billion -- yes, billion with a B -- 5 billion credit card applications.

According to a federal study, more than half of us throw them away, unopened. That's why David George, a Nigerian immigrant, made regular forays to Houston ZIP Code 77057.

77057 has block after block of densely packed apartments, a constant turnover of tenants, and a treasure trove of junk mail. In other words, 77057 is identity theft heaven.

(BEGIN GRAPHIC)

The Case of the cash in the stash.

(END GRAPHIC)

GRIFFIN: David George was a modern-day alchemist. He could turn junk mail into cold cash.

BOYDEN: What we're able to do is go back and find each and every one of these accounts.

GRIFFIN: Postal Inspector Matthew Boyden and Harris County Investigator Mike Kelly finally stopped him.

MIKE KELLY, HARRIS COUNTY INVESTIGATOR: Probably the most prolific criminal I've ever arrested.

GRIFFIN: When they searched David George's suburban home, they found industrial-scale crime.

BOYDEN: We found about $2.4 million or $2.6 million, credit card fraud.

GRIFFIN: Bundles of stolen mail were everywhere -- in the drawers, the closets, and attic. There were credit card applications in the bathroom, and 115 credit cards in every name, but David George.

KELLY: If it had to do with identity theft and credit card fraud, we found it at that house.

GRIFFIN: Stashed in his safe and several banks, $580,000 cash.

KELLY: He wasn't employed -- or, I guess you could say he was self-employed.

GRIFFIN: Self-employed and well organized.

David George kept a list of his targets from ZIP Code 77057. Among them, Jessica Duroe (ph), 22 years old, a student with a poor credit record. JESSICA DUROE (ph), IDENTITY THEFT VICTIM: I wanted a credit card, but I was told that I was under restriction at the time, that I could not apply for any or get any until I had some hospital debts cleared up.

GRIFFIN: But if Jessica couldn't get a card in her name, David George would do it for her.

Step one, take the trash.

A few months after Jessica moved out of the neighborhood, Bank of America invited her to apply for what's called a secured credit card.

(On camera): Secured credit cards are marketed specifically to people with bad credit. To qualify, they have to send money to the banks up front. It's a deposit the bank keeps in case the bill isn't paid.

For David George, that $99 deposit was just the cost of doing business.

(Voice-over): Step two, steal the victim's identity by buying stolen credit reports -- $50 a pop in a thriving underground market.

BOYDEN: This is a stack of credit reports that he had. Each page represents a person.

GRIFFIN: And these, to an I.D. thief, are critical.

Filling out Jessica's application, David George had all the answers.

DUROE (ph): That's my social security number and my birth date.

GRIFFIN: But he lied about her job and her salary.

DUROE (ph): I wish I made that much when I was going to college. That's like being rich.

GRIFFIN: Which brings us to step three, change the address.

David George used his girlfriend's house as a front. He wrote the new address on Jessica's application and sent in the $99 deposit. Days later, he had a credit card, in Jessica's name.

DUROE (ph): Gold, like money.

GRIFFIN: Gold like money for Bank of America. It would charge as much as 64.58 percent in finance charges and interest.

DUROE (ph): That's just ridiculously high. They figure they got a sucker. They should make a ton of money off of that.

GRIFFIN: But in fact, it was the other way around.

OPERATOR: What would you like to do? GRIFFIN: David George used the credit card for cash advances. Essentially, loans -- totaling $2,100.

OPERATOR: Don't forget to take your cash.

GRIFFIN: He also went on a $1,000 eating and shopping spree.

Mexican food at Doneraki, barbecue at Pappas, Chinese at Chang's Cafe, and why not pick up a few things at the H-E-B supermarket?

DUROE (ph): I could have easily shopped at any of those places, but it wasn't me, though.

GRIFFIN: Especially not the $23 charge at Chuck E. Cheese.

DUROE (ph): I'm not big on Chuck E. Cheese.

GRIFFIN: To keep from maxing out the card, David George sent in several large payments, even before the bills were due. The checks all bounced.

All Bank of America could do was cancel the card and keep the security deposit.

The rate of return to David George on his $99 investment was more than $3,000 percent.

(On camera): The banking industry says this type of fraud is now rare because applications with a change of address are double checked. But for Bank of America, the new scrutiny comes a day late and much more than a dollar short.

(Voice-over): It took a combination of junk mail, a stolen identity, and a phony address.

DUROE (ph): The bank just got ripped off.

GRIFFIN: David George pled guilty in 2003. He declined our request for an interview.

What's he doing now?

UNIDENTIFIED MALE: He's in the federal penitentiary.

GRIFFIN: It was a lucrative gig while it lasted. It was a major caller for the cops and a costly lesson for Bank of America.

When we come back...

UNIDENTIFIED MALE: I didn't kill anyone. I didn't rape anyone. I didn't shoot anyone, anything like that.

GRIFFIN: The case of the spam scam.

UNIDENTIFIED MALE: It's fraud. I didn't commit any other kind of crime. It's fraud. It's identity fraud and fault.
Part 3 (These are white criminals. – Andy)

GRIFFIN: If your Internet company sent you an e-mail like this, telling you to submit your credit card information to keep your account from being closed, would you do it? Please be advised, this is mandatory.

JASON CARPENTER, IDENTITY THIEVE: You know, it would be easy to see why people would fall for it. Because it looks very real.

GRIFFIN: Internet criminals call the scam "phishing." It's mass mailing for identity theft.

CARPENTER: I knew right from wrong, and I knew this was wrong. I just like to see how much I can get away with.

(BEGIN GRAPHIC)

The case of the Spam Scam.

(END GRAPHIC)

CARPENTER: I'm a criminal, but I'm not a major criminal. This was a hobby.

GRIFFIN: As a teenager in suburban Houston, Jason Carpenter's hobby was identity theft, which is why he's in federal prison.

CARPENTER: The way I looked at it, I thought it was just fraud, it was just pretty victimless.

GRIFFIN (on camera): It is victimless, if you ignore the consumers with ruined credit who feel violated and ultimately pay for the cost of fraud through higher prices.

CARPENTER: Being a young white man, being that it was a white collar crime, I wasn't scared of the consequences because I thought that it would be probation.

GRIFFIN (voice-over): Carpenter, at 19, was a computer geek and a regular in the online chat rooms. That's how he met Jonathan Riches of Tampa, Florida. Riches bragged he could access databases illegally and could look up anything on anybody.

JONATHAN RICHES: I can tell you if there's another Jason Carpenter nationwide with the same birth date.

CARPENTER: Oh, yeah?

RICHES: If there is, you take his social.

GRIFFIN (on camera): But instead of stealing identities one at a time, they worked on a massive scam. Exhilarated by their sense of invincibility, they went phishing.

(Voice-over): Step one, send the spam. It had all the elements to look authentic. AOL tries to block spam e-mails and constantly warns subscribers that it doesn't ask for personal information online. But the fraudsters figured they could fool those who are new to computers.

CARPENTER: People like that are just less likely to already be aware of scams.

GRIFFIN (on camera): So AOL users are easy prey in this world?

CARPENTER: Very much so. It's a joke among computer hackers and fraud artists.

GRIFFIN (voice-over): The e-mail, sent to thousands of AOL subscribers, said AOL was updating its records. It asked for credit cards, social security number, mother's maiden name and driver's license.

SHAUNA DUNLAP, HOUSTON FBI: A lot of people were tricked.

GRIFFIN: Shauna Dunlap, Houston FBI, led the investigation.

DUNLAP: And when they clicked send, it was giving the crooks everything that they needed.

GRIFFIN: Step two, reel in the catch.

Replies went to a dummy Web site, where Carpenter and his buddies retrieved the information. They used it to order fraudulent credit cards.

CARPENTER: What I thought at the time is that most of the credit card companies earmarked so much money every year for fraud. I didn't see it was such a big deal.

GRIFFIN: Step three, live it up.

Carpenter charged computer parts and other electronics at retail Web sites. He had the merchandise shipped to this vacant house with a note on the door -- this is a deaf residency. Please leave the packages if no one answers.

(On camera): And that whole thing about the deaf residency? I mean, you're smiling. This was well thought out.

CARPENTER: You know, the delivery companies are there to please.

GRIFFIN (voice-over): Carpenter's partner in crime, Jonathan Riches, had bigger aspirations.

For each fraudulent credit card Agent Dunlap found -- and there were hundreds, Riches had a phony driver's license.

DUNLAP: So that he could go into a store and not only produce the credit card, but also the I.D. to go with it. GRIFFIN: Riches bought this $6,000 four-wheeler, this $6,600 jet ski, and all this jewelry, including a $9,000 engagement ring for his girlfriend.

DUNLAP: And I think there's a certain adrenalin involved. And Riches told me himself that he got a certain high from doing this.

GRIFFIN: He charged computers, cameras and clothes to sell on E- Bay. He charged Western Union money transfers, using fake I.D.s to claim the cash. And he charged cash advances with a cock and bull story in several banks.

DUNLAP: One of the stories that he used was that, you know, they were on their honeymoon and they had to divert because his grandmother was ill and they needed the money to help care for medical expenses.

GRIFFIN: Riches scammed enough to pay cash for this house -- $107,000 -- with $37,000 more stashed inside.

DUNLAP: This was a full-time job for him, and he worked very hard at it.

GRIFFIN (on camera): The scheme collapsed when a police officer in Houston noticed all those deliveries being made to the deaf residence. He was suspicious and tipped off the FBI.

(Voice-over): Jason Carpenter says, by then, he wanted out and agreed to cooperate.

CARPENTER: I got tired of stealing. I didn't want to hurt people. I didn't want it to get out of control, but it already had.

GRIFFIN: When the FBI nabbed his partner, Jonathan Riches, the 26-year-old high roller was -- humbled.

DUNLAP: Riches got very sick, very nauseous to his stomach and threw up several times.

GRIFFIN: Days later, in jail, Riches regained his confidence. In a phone call to his parents, he was indignant about the FBI because, he said, he was only trying to make a living.

RICHES: I bust my butt for four years and they took everything.

GRIFFIN: He wanted to lawyer up and plea bargain.

RICHES: It's just like how, you know, "Sammy the Bull" Gravano, you know -- he killed 17 people and he got five years in jail, because of the information that he gave, you know.

GRIFFIN: Riches figured he'd get it down to 18 months in boot camp with the right lawyer.

RICHES: I want to present myself professional. I don't want to be just like a slouch that doesn't have an attorney. I want to be professional here. GRIFFIN (on camera): Even with his plea bargain, Riches is serving 10 years in prison. He declined our request for an interview.

(Voice-over): Jason carpenter also pled guilty, but jumped bail before being sentenced. Rearrested six months later, he was at it again. He is now serving 17 years in prison. The fraud totaled nearly $350,000.

When we come back, how this man used stolen identities as a front to loot the bank accounts of some of Houston's richest companies. The case of the corporate coffers, when we continue.



Part 4

GRIFFIN: Oyenoka Chikem (ph), Charles Osamor had a plan to get rich quick.

While some of his fellow Nigerians were stealing identities to drain personal bank accounts, Osamor realized they're small fries compared to corporations.

Why steal $50,000 at a time when he could pocket $500,000 using the same stolen names?

BOYDEN: It is robbing a bank and you're wearing a mask and your mask is somebody else's identity.

(BEGIN GRAPHIC)

The case of the corporate coffers.

(END GRAPHIC)

GRIFFIN: Oyenoka Chikem (ph), Charles Osamor, looked like the classic immigrant chasing the American dream.

After coming from Nigeria to Houston as a 17-year-old student, he earned a bachelor's degree in 1987 from Texas Southern.

(On camera): Osamor then opened a succession of businesses -- a frozen yogurt shop, a physical therapy clinic and at one point, a clothing boutique shop in this trendy mall. But getting rich in America was apparently taking too long, so Osamor took a shortcut.

(Voice-over): Step one, the fraud begins with stolen corporate checks, checks that make their way to Osamor.

BOYDEN: I've interviewed -- or spoke with companies who create 2,000 checks a day. And several of those checks are six figure, a million dollar checks.

GRIFFIN: This check was written by the El Paso Corporation. El Paso is one of the country's largest suppliers of natural gas. Pay to the order of B.J. Services, $132,000. B.J. Services never got the check. The feds don't know how the check was stolen. There are lots of possibilities. BOYDEN: Many times, those checks are then sent to an envelope stuffing company and then perhaps a private courier takes them to the post office, so there's a variety of point of compromise when those can and have been stolen.

GRIFFIN: But what good is a stolen check if you don't have a way to cash it?

Step two, create a phony address.

This commercial mail drop is one of several that Osamor used. The application says the mailbox is for Scott Weinbrant, who supposedly works at B.J. Services and lives in Houston.

SCOTT WEINBRANT, IDENTITY THEFT VICTIM: I've been to Houston once in my life.

GRIFFIN: The real Scott Weinbrant is a businessman whose personal information had been stolen.

WEINBRANT: It's like being violated when somebody does something like this to you.

GRIFFIN: Weinbrant's identity was used to effectively move B.J. Services from this $4 million building, with nearly two acres of floor space, to this five-inch postal box that rents for $10 a month.

WEINBRANT: It was putting me in the hot seat for something I had no association with.

GRIFFIN: The phony address for B.J. Services made the next step possible.

Step three, open a brokerage account by mail or Internet.

This is one of Osamor's (ph) applications for an account in the name of B.J. Services. That would be the B.J. Services at the five- inch postal box. The account's authorized person, complete with his real social security number is Scott Weinbrant.

WEINBRANT: This is definitely, again, not me feeling this out, nor is it my signature.

GRIFFIN: The application says Weinbrant is not only the president of B.J. Services, he's also the owner.

WEINBRANT: I had never heard of B.J. Services company.

GRIFFIN: Never mind trivial details, the application was notarized.

BOYDEN: In theory, you're supposedly having an independent party verify your signature, but he had his own notary stamp that he used to notarize all his documents.

GRIFFIN (on camera): We got a seal ourselves. I want to show you this seal. It's kind of funny.

(Voice-over): Ours is in the name I.D. Thief.

Getting a notary public stamp in Texas is easy because you don't have to be a notary public. You just write down how you want it to read, pay the $25 and viola, a notary public is born.

ROGER WILLIAMS, TEXAS SECRETARY OF STATE: Frankly, I don't think we have a problem in Texas.

GRIFFIN: Texas Secretary of State Roger Williams oversees the state's notary system. He recommends that anyone who depends on a Texas notary, check with the state to make sure the stamp is valid.

WILLIAMS: To make sure that we're not dealing with something that's fraudulent like this.

GRIFFIN (on camera): But shouldn't there be a law, a rule or something that says, you know what? You can't make fake stamps for a notary public.

WILLIAMS: I think it's important that we understand that we also don't put the burden on small business. Texas is a very pro-business state.

GRIFFIN (voice-over): With Texas notary stamps there for the asking -- step four. Deposit the stolen check and cash out. It's a race to move the money out of the country.

BOYDEN: The minute a check clears, I've seen them wire it out that day.

GRIFFIN: Meanwhile, the real B.J. Services was waiting to be paid.

(On camera): And whoever was going to get that check 90 days out would probably be billing or knocking on the door of El Paso Energy, saying, hey, when are we going to pay me this bill?

BOYDEN: That seems to be when we would find most of them.

GRIFFIN: And by that time, the money is already offshore.

BOYDEN: It came and went.

GRIFFIN (voice-over): All it took was stolen corporate checks, commercial mail drops for a phony address and a brokerage account to launder the funds.

WEINBRANT: Yes, it's amazing that this can happen.

GRIFFIN: What eventual gave Osamor away was being linked to the phony addresses. He was caught on tape. His fingerprints were on incriminating documents.

(On camera): He probably thought, they'll never figure it out. BOYDEN: Yes, he proclaimed his innocence all the way through trial.

GRIFFIN (voice-over): Even so, a jury convicted Osamor of conspiracy, fraud and possession of stolen mail. He was sentenced to 14-1/2 years. The prosecution linked him to $5.6 million worth of checks stolen from seven corporations.

Did you find out who was getting him the checks?

BOYDEN: No.

GRIFFIN (voice-over): Boyden had stopped a crime, without solving the mystery.

When we return, coming to America.

ANTHONY OLOBUMNI BONAJO (ph), IDENTITY THIEVE: Clearly, the Nigerians that are involved with fraud in America, over here, will be at least 40 percent of them.

GRIFFIN: Immigrants, kicked out as criminals, sneaking back to do it again.



Part 5

GRIFFIN: When Anthony Olobumni Bonajo (ph) was a new immigrant, struggling to support his family, he had no trouble supplementing his income with a quick money scheme, run by fellow Nigerians.

ANTHONY OLOBUMNI BONAJO (ph), IDENTITY THIEVE: That's basically their target all the time: How can I make the money right quick? What can I do to make the money?

GRIFFIN: He became an accomplice using stolen identities for credit card fraud and laundering checks. Getting caught, he says, opened his eyes to the underside of Houston's Nigerian community.

BONAJO (ph): When I get to this country, most of the people I see -- by the time you count 10 people, six of them are talking about fraud.

(BEGIN GRAPHIC)

Coming to America.

(END GRAPHIC)

GRIFFIN: Nigerian independence day in Houston.

Members of a local organization, the Nigerian Union, are celebrating not only 45 years of freedom from British Colonial rule, but also their new lives in the U.S.

ISAAC AGBANIYAKA (ph), AIRLINE PILOT: It is a place where you can come and put in honest work and progress. GRIFFIN: Houston has one of the nation's largest Nigerian communities.
At least 60,000 by some estimates, and well educated. More than two-thirds are college graduates, a higher rate than their white neighbors.
Among the elite: a vascular surgeon, two married professors, a chemical engineer, and Airline Pilot Isaac Agbaniyaka (ph).

ISAAC AGBANIYAKA (ph), AIRLINE PILOT: The well-educated Nigerians, they do honest jobs, even if it means doing menial jobs to survive.

GRIFFIN: At the same time, U.S. authorities say Nigerian crooks are on the leading edge of financial fraud.

Testifying on Capitol Hill in 1998, an FBI official singled out Houston where, he said, 75 percent of the counterfeiting of checks is due to the Nigerian criminal enterprises.

And more recently, a 2005 State department report, Nigerian criminal organizations subverting international and domestic law enforcement have contributed to an increase in bank fraud, real estate fraught, identity theft and advanced fee fraud.

But community leaders like Agmonyaka (ph), say Nigerians are no worse than any other group.

AGBANIYAKA (ph): If you look at the Hispanic people, they are into a lot of worse crimes than Nigerians. They're into drug problems, the Colombians. If you look at the insurance fraud, identity theft, the Asians are into it big time.

GRIFFIN: For years, Nigeria's government has been considered one of the most corrupt in Africa.

One theory is that bribery and dishonesty at home explain what some Nigerians do abroad -- survive by their wits.

BONAJO (ph): So when they get over here, it's not really a big deal for them. Because they're used to already.

GRIFFIN (on camera): Whether or not Nigerian immigrants commit more crimes or worse crimes, the ones who do are a determined bunch.

Consider this, even those who are deported often come back to do it again. The easy money is too good to pass up.

(Voice-over): This man, for example, after being convicted in New York of smuggling heroin from Nigeria, Thomas Muchechu Tiwu (ph) was deported in 1994. Nine years later, Boyden arrested him in a multimillion dollar bank fraud, this time using the name Idowu Ishola. He had come back illegally.

BOYDEN: Several have told me they've across come across from Canada, walked across, or come back through Mexico.

GRIFFIN: Another case. In 1988 Jumoke Awoskia pled guilty to conspiracy in a federal bank fraud case. She, too, was sent back to Nigeria.

Two years later, she sneaked back into the U.S. with a new passport and a new name. But she was up to the same old tricks.

BOYDEN: She used fraudulently obtained credit cards extensively to purchase high-end jewelry.

GRIFFIN (on camera): For herself? Or to pawn it?

BOYDEN: Both.

GRIFFIN (voice-over): Finally, the case if this mystery man.

When Boyden arrested him in 2004, he had more than 40 stolen credit cards and a dozen cell phones to run his scam. But who was he?

He'd been deported to Nigeria in 1983 under the name Kehinal Monsouri Ajavi. He sneaked back as Solomon Adewale Adebanjo, and then took the name Colton Jude Hollier. A federal Judge Stimeed (ph) concluded, his true name is unknown.

BOYDEN: Several people I've interviewed, they can't really remember what name they were born with. They've had such a long range of names, they don't really know who they actually are.

GRIFFIN: Critics of U.S. immigration policy say our borders are porous, open not only to those who want to work here, but also to thieves who rob banks.

FRANK GAFFNEY, CENTER FOR SECURITY POLICY: I think it does amount to an invitation to people to take advantage of our vulnerabilities.

If you continue to refrain from taking steps to correct them, you are basically putting "kick me" sign on your butt. It's that simple.

GRIFFIN: None of these fraudsters, now in prison, responded to our interview requests.

Immigration authorities told us that after they do their time, they will be deported again.

Which brings us full circle to the question, are they likely to come back again?

UNIDENTIFIED MALE: As long as they can get into this country, you got to assume they're going to do it. Even when they get caught, prosecuted, jailed. As soon as they get the chance, they're going to get back in the racket again.

GRIFFIN: When we come back...

(On camera): Should I be worried about a lot more people like you out there?

CARPENTER: If anybody is going to do anything, there's not much that you can do to stop it.

GRIFFIN (voice-over): Why identity theft is likely to get worse before it gets better.



Part 6

GRIFFIN: Dean Anderson was a victim. His identity, stolen by a bank employee in Houston, was used to loot his line of credit. Talk about easy.

DEAN ANDERSON, IDENTITY THEFT VICTIM: My name is Dean Anderson, and it's signed, Anderson Dean. It's a glaring forgery.

GRIFFIN: His bank ate the loss -- more than $100,000. Even so, Anderson feels violated.

ANDERSON: And I feel like my privacy has been invaded.

(BEGIN GRAPHIC)

Get used to it.

(END GRAPHIC)

OPERATOR: If you'd like to protect your identity, press one.

GRIFFIN (on camera): You know what I think? I think identity theft is going to get a lot worse before it gets better.

It's as much a part of modern life as those annoying phone menus that replace customer service.

OPERATOR: If you'd like to live in a modern world, press two.

GRIFFIN (voice-over): We've pressed two without even realizing it. Think about your information on computers and the payroll department where you work, at your doctor's office and where you shop. There are no requirements for security encryption. How vulnerable are you?

Well, in 2005, the personal data of 50 million Americans was lost, stolen or hacked. Some of it may end up on the black market.

CARPENTER: You would be surprised at the amount of credit card information that's actually circulated around the Internet.

GRIFFIN: Jason Carpenter is serving 17 years for a major identity fraud.

CARPENTER: If I was really driven, it would take me two or three hours and I would have your information -- social security number, date of birth, driver's license number, bank account numbers.

OPERATOR: If you'd like to stop the bad guys, press three.

GRIFFIN: Our modern financial system is built on an old foundation -- trust. We trust that a signature on a piece of paper and numbers on a plastic card are worth money. The bad guys are trading on that trust.

BOYDEN: Every day, it's educational to see what they're going to do and how they're going to manipulate the system.

NESSA FEDDIS, AMERICAN BANKERS ASSOCIATION: The criminals are like water. When they see an obstacle, they try to go around it and the trick for the banking industry is to anticipate their next move.

GRIFFIN (on camera): With banks and credit card companies bearing so much of the cost, you would think they would be leading the charge for tougher privacy laws. Well, they're not. Consumer advocates say banks are putting profits ahead of privacy.

OPERATOR: If you'd like banks to make big money, press four.

GRIFFIN (voice-over): The industry convinced Congress to place the burden of privacy on us. Banks now have the right to share our personal information with their subsidiaries -- insurance agencies, brokerage firms and credit card companies.

SEN. RICHARD SHELBY (R), SENATE BANKING COMMITTEE: The most valuable thing they have is the data on millions and millions of people.

GRIFFIN: Banks can even sell our information to the highest bidder, unless we tell the bank no.

FEDDIS: This isn't a burdensome task for a consumer. They receive every year a privacy notice and how one opts out. It's not burdensome. It's a phone call away.

GRIFFIN: But only about 5 percent of us make that call. The phone number for opting out is often buried in legalese.

ED MIERZWINSKI, U.S. PUBLIC INTEREST RESEARCH GROUP: The banks send five pages of deceptive boilerplate that no one reads or if they do read, they're asleep by tend of it.

GRIFFIN: Banks insist they guard our personal information as closely as they guard our money, that they have a vested interest in stopping identity theft.

FEDDIS: They are responsible for the fraud losses and banks don't like to lose money.

GRIFFIN: But identity thief Jason Carpenter believes banks are fighting a losing battle.

(On camera): How could they have stopped from you pulling this off?

CARPENTER: That's a tough question to answer, because I don't think there is an answer.

GRIFFIN: They couldn't do it?

CARPENTER: As far as identity theft, there's really not anything that they can do to stop that.

OPERATOR: If you'd like to rob a bank, press five.

GRIFFIN (on camera): Think about it from the bank robber's point of view. A stickup guy gets, on average, $7,000 or $8,000, according to the FBI -- Hardly enough to retire.

But using stolen identities, there are no security cameras, no armed guards and you can work from home.

Reporting from Houston, I'm Drew Griffin.


TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT www.fdch.com

Posted by I Love Nigeria| 05.06.2006 13:16

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Shot GunShot Gun is online 

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 # 5

To rob a Bank/ To rob the working Class/ To rob a whole continent?????



I often tell my colleagues (Americans) that they are worse-off than us when it comes to fraud. Americans commit fraud and they call it all sorts of names; insider trading, doctoring of accounts etc.


However, I don't think this story should come as a shock to Nigerian immigrants resident in the US. Not because Nigerians are criminals, but because the American society is polarised with race issues. It is no doubt that the US still remains one of the most racist countries on the planet with even its own citizens struggling to come to terms with it.
They come up with all sorts of laws to hide their acts, or give a small pat on the back of their "enemies" while they plot their downfall.
Often enough you'll hear: All men equal before God, One Justice for all, Freedom and Democracy......All of these are ********......


I don't mean to make an arguement based on sentiments or race, but the true picture of the "best democracy on earth" is not so glamorous afterall.

This tells you the true concerns of the govenment.....It goes well beyond the CNN desk....
I am sure most of you heard the "stunning new research finding publicised just last week on the origin of AIDS. The claim it originated from West Africa..... Another bad and cheap publicity by the West.......


NOW PICTURE THIS......A typical mindset of the US.

CONCERNS:
Of course, the "black African Country" Nigeria seems to be on the rebound. They have come to terms with their issues and are on the path to developing their economy. Who knows in the next few years; they may very well be following in the foot steps of the Asian giants "China". They (Nigerian's) could possibly transform the continent of Africa. They (Nigerian's) could possibly re-write history........

QUESTIONS:
What possible treats do they (Nigerian's) pose to the US? Hmnnnnnn...... Loss of our best acquired brains. If the Nigerian economy shows signs of recovery, there will be mass exodus of US based- Nigerians who will return home to help build the economy. Possibly, this will leave us in dire straits....: loss of Factory personnel, Professors, Social workers, Doctors, Engineers, Teachers, Nurses, and Scientists etc. Where will this leave the US????????

GAME PLAN/ STRATEGY:
Mind games.......Mental warfare......Lets make them believe that they are not as good as they really are.
Give them (Nigerian's) bad publicity and use propaganda to tear them down. Give investors the bad chill and dissuade them from going out there to invest. Keep the Nigerian/ African economy in its present state or even in a much worse state. Let them be dependent on the US.

GOAL:
Let's maintain our (US) dominance and our "supremacy" over world all economies.




MY COMMENTS/ CONCERN
Gents, please pay attention to events that will unfold in the next few years. Hopefully, if and when we get the right leaders to turn Nigeria around (for the better) you'll see more of this kind of crap/ propaganda.

Africa is no doubt the next major energy supplier to the world. With current reserves on the increase, its no doubt that the continent will help satisfy the West's appetite for energy.
Will it mean that Africans could one day have a major say on world issues and be moved from the back seat (bench warmers at the UN)???????????
No doubt Nigerians are becoming smart and are taking ownership of their own destiny. Regional conflict has reduced drastically in the last 2 decades. Does this mean, they (Africans) are thinking about their own future and development?????


Of course, the OPEC Sec Gen (the Nigerian), spoke a few days ago in Caracas about plans to review agreements with Oil operators in Nigeria. That would have sparked some serious concern in the West. ......Making such statement from Caracas, where the US has one of its most popular and outspoken enemies????

Sure, I believe in the idea of re-negotiating JV agreements with the Oil majors. No doubt, we have been shot-changed for over four decades. And these same people have fuelled the corruption present in our society today, inclusive of the Niger Delta Crises.

Nigeria as a country must realize that they are at the center of current world affairs. We have yet another great opportunity to get the economy back on track. Oil prices are at an all time high and will remain so for the next 5yrs or more (thanks to current world politics and demand). Another OIL BOOM, you may call it......


ADVISE:
My advice to Nigerians and our leaders......"When you eat with the devil, be sure to use a long spoon".

CAUTION:
Nigerian leaders should be cautions of their relations with the West. They should seek out relations and "bi-lateral agreements" that will beneficial to us in both the short and the long term.
Our leaders must realize that Nigeria is on it's own. The world in itself is a jungle.....

Posted by Shot Gun| 05.06.2006 18:02

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LondonerLondoner is offline 
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 # 6

I personally will not blame the CNN that much if they think all Nigerians are criminals, why should i? considering the fact that they (CNN) might be privy to the foreign accounts of those that we call our leaders.

Its is believed that over 250 billion dollars have been stolen by succesive goverment since independence with a most of the money stashed away in the west. CNN could be forgiven for believing that all Nigerians are criminals. Most of you must have heard of the ongoing FBI bribering investigation licking Vice President Atiku to congress man Jefferson.

Recently it was reported that Delta state house of assembly members were in America looking for business opputunities, one of them was even quoted as saying he already have 14 houses in Nigeria. Delta state despite collecting billions of naira in allocation have no visible projects on the ground to justify even one tenth of the amount of money beign collected from the federal government.

The last time there was any development in the state was when it was part of defunct Bendel state under Ogbemudia and Ambrose Ali. Apart from deltal state the same goes for most states in Nigeria despite the vast weath in Nigeria her people live in penury

Posted by Londoner| 06.06.2006 16:54

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OnosOnos is offline 
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 # 7


With current reserves on the increase, its no doubt that the continent will help satisfy the West's appetite for energy.



Shot Gun:

Could you please share the source of that information with the general public -- i.e. that current oil reserves is on the increase?

Thks

Posted by Onos| 06.06.2006 17:26

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Shot GunShot Gun is online 

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 # 8

Onos;

H/C reserves are based off estimates.

If new fields with proven reserves are being discovered, will you not make the deduction that proven reserves are on the increase????? SIMPLE LOGIC!!!!!! "The more gold mines you discover, the richer you get........"

Consider recent discoveries in both Central and West Africa in the last 10years. Example of countries you need to look up data on are Equatorial Guinea, Nigeria, Angola, Congo, and others..... Particular amongst the list above are Angola and Nigeria.....
Others with promising exploration activities you probably do not hear about are Mauritania, Ghana, Cameroon, Ivory Coast etc. (all on the coast)

Onos, I don't need to refer you to any specific resource. Get on the internet and do some little study. Read the papers, journals.....


Why do you think your brothers US and the others are pressing for acceptance of Navy presence in the Gulf of Guinea? Do you think it's because they like us? I DONT THINK SO.......

The attraction is OIL....... The same thing that took the Western Countries to Iraq/ the Middle East. The Gulf of Guinea is the next area for them to exploit. It's easy to make friends when there is something valuable and of great interest in your backyard.

By Navy presence, I don't mean their invitation for the Nigerian Navy anniversary. I mean Navy presence in the Gulf of Guinea!!!.... If you want some information on this also, i suggest you do some travelling..... especially sailing..........


A few years ago Rwanda had it's genocide with over 500,000 deaths in a hundred days. You know what the West said on TV? Rwanda is not of strategic importance...... Before Liberia was known for it's blood diamonds, you know what the West did? Abandon them.

Posted by Shot Gun| 06.06.2006 21:03

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oluyeoluye is offline 
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 # 9

I believe all villagers owe "I Love Nigeria" a "Thank You" for the transcript she posted. Some of us actually missed that news item.

Posted by oluye| 07.06.2006 01:13

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OnyekaOnyeka is online 

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 # 10

I think it is not necessary to say that the problem Nigeria has is because of our leaders. No. There is something we all don't know here. I think we must all understand that the same feckless George Bush that people think is the greatest and most superior leader is hugely terrorising Iraq and some other countries, like any Hitler did...

What would you call such...OBJ is hundred percent better than him, that he engages himself with peace-making, while this ****ing American that thinks that he must engage in all the affairs of the world go into terrorism and racism...manipulating those who don't have this their colour-less skin...

Our problems are many, but we must start with some of them: We 'ignorant' Nigerians should not think that these colour-less people are better than us...Looking at what happens in Nigeria, some Chinese engaged in fraud, and the only thing the Nigerian media did was to flash the news and then that was it...and I know very much that almost all the foreigners in Nigeria are illegal immigrants, they continue to stay, because our Immigration Service thinks they are superior to us and can't get them ruled under the Foreigners' Act...****!

We know our problems and we know how to solve them...CNN is a ****ing bunch! Make God fire dem...No be for America you dey hear say people dey engage for plagiarism...Wetin you fit call dat one? Wetin? Infact, we no know anyting at all at all...

Posted by Onyeka| 07.06.2006 07:48

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