Pension Scam: I Made $544, 000 Selling "Pure Water", Says Accused -PM News, Nigeria

Mrs. Veronica Ulonma Onyegbula
By Felix Nnamdi/Abuja

One of the accused persons standing trial in the N14.5 billion Police Pension scam, Mrs. Veronica Ulonma Onyegbula, has told investigators the $544,632 (about N82 million) found in one of her companies, Ulover International Resources Limited, was realized from selling pure water which the company produces.

Mrs. Onyegbula stated that the company which was situated in Umuahia, the Abia state capital belonged to her mother whom she said suffered stroke seven years ago and as a result of that made her a member of the board of directors to enable her handle the finances of the company.

Part of the items recovered by operatives of the anti graft agency during a search at the woman’s home was bank statements belonging to Ulover International Resources Limited which she stated is engaged in the production of pure water.

In her statement issued to the Economic and Financial Crimes Commission as contained in the proof of evidence filed by the agency before the court where they are standing trial and dated 15th February, 2012, the accused stated that in the course of her job at the Police Pension Office, that she cashed a total of N14 billion on the instruction of the Permanent Secretary, Alhaji Atiku Abubakar Kigo and the Director, Mr. Esai Dangabar via cheques signed by both men.

She also stated that there was a subsisting Federal Government Circular which directed that withdrawals from the Police Pension Fund should be by way of e-payment to beneficiaries accounts but that despite this circular, that her bosses issued cheques in her name with which she accessed funds from the Police Pension Funds domiciled at a first generation bank, First Bank of Nigeria Plc.

She also stated that she handed over the monies as soon as she cashed the cheques from First Bank Plc.

The accused persons are scheduled to appear before the court again on Tuesday for their bail applications to be heard
 

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How do u knw dis tinz, do u

How do u knw dis tinz, do u knw dem personally?

poor pensioners

She laundered the money through her illiterate brother here in The Republic of Ireland and to think that he has never worked a day here. All he does is to disrespect his foolish wife who of course married him for our money by sleeping with every married woman here in Galway. He is not even silent about it, he goes about counting the cheap women he has slept with here. God will punish them all for subjecting poor pensioners like our parents who worked hard for their money.

WATER SHORTAGE IN NIGERIA-

Atleast now the nigerian govt. can plz stop issuing permission for private people to bore holes into our water table and stop depleting our precious water resources---the govt. can try to stop water turning to source of attraction for maggots from other countries exploiting us as they have done in oil industry and mining---CAN THE NIGERIAN GOVT. OPEN EYES NOW? OR THE COUNTRY ITSELF WOULD TURN TO BE THE DESTINATION FOR PIRATES NOT ONLY THE GULF

The evil that men do

If her name was put on the directors list in her mother’s company, hope her brother’s name is there too, and please before they get fake tax clearance certificate of having paid taxes on that profit, they should follow up the brother who has been in Nigeria since 2 months now, hopefully running around to take care of the once they can hide, this is someone who has only travelled to Nigeria like 3 times in 7-8yrs and as an Igbo man ,only son for that matter with a sick mother who has that kind of industry

The evil that men do

If her name was put on the directors list in her mother’s company, hope her brother’s name is there too, and please before they get fake tax clearance certificate of having paid taxes on that profit, they should follow up the brother who has been in Nigeria since 2 months now, hopefully running around to take care of the once they can hide,This could all be allegations, but it wont be out of place for the security agency to trace the activity of this man in this country where at least there is freedom of information, he has been so stupid with funds that even the corner shop he was pushed to put the money into for them to atleast claim the source of the ill gotten funds in the days like this, he could still not manage it, he left the city centre of Galway where any intelligent person can stay to presently a village in the sub urb and still ran the shop to a minus status, kind of money. NNAM UNU JIRI WAYO NA EME ANYI POPI-YES

The evil that men do

If her name was put on the directors list in her mother’s company, hope her brother’s name is there too, and please before they get fake tax clearance certificate of having paid taxes on that profit, they should follow up the brother who has been in Nigeria since 2 months now, hopefully running around to take care of the once they can hide, this is someone who has only travelled to Nigeria like 3 times in 7-8yrs and as an Igbo man ,only son for that matter with a sick mother who has that kind of industry
This could all be allegations, but it wont be out of place for the agency to trace this man in this country where at least there is freedom of information, he has been so stupid with funds that the corner shop he was pushed to put the money into for them to atleast claim the source of the ill gotten funds in the days like this, he could still not manage it, but ran the shop to a minus status, NNAM UNU JIRI WAYO NA EME ANYI POPI-YES .

The evil that men do

If his brother was smart enough, if Pure water can be assigned such a profit, then a bussines properly managed overseas could be assigned 2-4 million dollars, it is even small compared to his usual unguraded statements, like how much amount his sister has in an account in umuaiha in his name so that days like today
such funds would be belived to have been sent from a bussinesman overseas whose shop is as relative as what we have in any FESTAC CLOSE NORMALLY KNOWN OR CALLED ABOKI SHOP

The evil that men do

Security Agency normally crave for information no matter how tiny, so please Check out all of what people have said in respect of this crime and the international dimension, although as an astute beliver in Innocent until proven guilty all this should be treated as links of suspicion that could help every party involved arrived at the best conclusion of this terrible crime, If the pure water bussiness was very beneficial to provide such profit, what would she be doing working 9-5 in a salary of at-most 250k a month which gives a total of 3million a yr as it would have been wise enough for her to have retired haven worked up-to 10yrs and concentrate and take the pure water to the Nigerai Stock Exchange.

The evil that men do

If his brother was smart enough, if Pure water can be assigned such a profit, then a bussines properly managed overseas could be assigned 2-4 million dollars, it is even small compared to his usual unguraded statements, like how much amount his sister has in an account in umuaiha in his name so that days like today such funds would be belived to have been sent from a bussinesman overseas whose shop is as relative as what we have in any FESTAC CLOSE NORMALLY KNOWN OR CALLED ABOKI SHOP the only important thing he will never joke with in his office/shop is a big bed that we can not comprehend what the bed does in the office, Although like I stated since the shop is comparable to aboki shop the do normally have Mats that they do relax or pray with sometimes (LOL).

The evil that men do

The fact that people are already given clues to where this loot could be traced should not be swept under the carpet, The brother of this woman as stated by some contributors has never worked in his place of Abode before, he is known to be very boastful and carelessly trow names up in any place you meet him in the Galway county in Republic of Ireland where he lives, Not long ago he took a very giant step by taking a chieftancy title granted to him by the self acclaimed Ezeigbo of Ireland,the means of all this funds being spent in a country outside the shores of where the loot came from can now be established, the fact that he trows names around and not ashmed to talk about how many houses the sister bought in Abuja area and even in lagos, also stating the fact that even properties that have not been seen by them have been acquired in far away South Africa is so funny to comprehend.

RE:NIGERIA BANKS ARE USUALLY

This transaction is purely fraudulent and
should be report to EFCC by any bank holding
Their transaction,but bank wouldn't want to
Report bcos they don't want to miss the relationship
.Their is an accountant general circular that
Ask banks to report an government organisation
That engage in such transaction.

VISIT MILITARY PENSIONS BOARD

Please, visit Military Pensions Board. The rot there is worse than what you hear about Police Pensions Board. Soldiers would be happy if you can probe them. A lot of corruption is going on there where a private soldier is buying houses in Abuja. Please save our souls and probe MPB

RE:NIGERIA BANKS ARE USUALLY

I'm a little confused about your post and also alarmed at your comment. What do you mean when you say the banks should be held liable. There's definitely a mandate of d pension fund with the bank as to how the pension fund accout should be run. Was this mandate obeyed? If it was then where is the bank liable please? Has it been established that due process was thrown to the winds? Definitely, banks cannot read the fraudulent minds of the signatories to accounts who are laundering funds merely by looking at their signatures.

Tales by moonlight

Madam, this your story is not believable. It's a shitload of bunkum. The name of the company ULOVER already shows that it's an anagram of your names ULOma VERonica, so the company was yours, it never belonged to your mother. It follows then that the rest of your story is a tissue of lies!
You are a disgrace to womanhood. I pronounce you guilty already. Conitnue to cover your face in shame.

THE MONEY WAS LAUNDER THROUGH HIS BROTHER IN IRELAND

AS I WEEP FOR THE PENSIONERS WHO DIED WAITING FOR THEIR PENSION THROUGH NO FAULT OF THEIRS BY THIS ROGUE WOMAN STAFF OF POLICE PENSIONS BOARD.WHILE SHE WAS LAUNDERING THE STOLEN MONEY HERE IN REP OF IRELAND THROUGH HIS BROTHER WHO AT TIME WAS INVESTIGATED BY IRISH GOVERNMENT FOR LAUNDERING OVER 200,000EUROS FROM NIGERIA WHEREBY THE SAID MONEY WAS SEIZED BY IRISH GOVERNMENT.THE SAID BROTHER ALSO BUY PROPERTIES IN IRELAND THAT WHORTH HUNDRED'S OF THOUSAND OF EUROS. THIS HIS BROTHER HAS NEVER WORKED IN IRELAND TO EVEN MAKE SUCH MONEY . THE SAID VERONICA EQUALLY SENT HER DAUGHTER TO STUDY IN IRELAND USING THE PENSIONERS MONEY AND LATER TO LONDON FOR HER MATER'S DEGREE WHILE THE CHILDREN OF THESE PENSIONERS WALLOW IN ABJECT POVERTY. THE STORY CONTINUES.

UNBELIEVABLE.

You may ask why its unbelievable. If SR can be so objective in recent time on its reporting, I am sure one day people like Akin will be tried outside the shore of Naija and justice will be done. For (Madam pure water)Onyebuia, I wish her more luck as the only water seller in nigeria in dolars. But like I have always say whatever those we entrust the governance of this great country in one capacity or the other are doing there is still a day of reconning infact they will be looking where to hide their ugly faces in shame.

PURE WATER IN $

IF I MAY ASK,IS UMUAHIA IN THE UNITED STATES?
WHY WAS THE ACCOUNT HAVING MONETARY VALUES IN DOLLARS?
I MAY LIKE TO PARTNER WITH DANGOTE TO PUT ME THROUGH THIS PARTICULAR TYPE OF PURE WATER BUSINESS TO HAVE MY HEAD OFFICE WITHIN THE PREMISES OF THE PENSION FUND HQ.

Water shortage as everyone goes into pure water biz

Water shortage fear hits Nigeria as everyone goes into pure water business:

http://www.wazobiareport.com/reports/Water-shortage-fear-hits-Nigeria-as...

If it is impossible to

If it is impossible to withdraw from the pension fund contribution like you have stated why then are they probing the police pension fund?

That's true, but how long do

That's true, but how long do you think a person like that will last because of the greed,corruption and envy and jealousy.I hope they let him stay to perform his duties.

Police Pension Scam

Yes sir, but wait a minute, "how long has that 'poor Igbo' cashier worked in the Office where all this fraud was committed and how many Chief Execuitves did she have had to work with? Corruption is sytemic in Nigeria and has nothing absolutely nothing to do with Geography, just remove the wool from your eyes and you will shocked by what you see.
Come on do you sincerely believe that all of $544,000.00 was made as profit from pure water?!!!

Penssion Scam

This people suppose to be history by now.Its a pity bcos Nigeria has no law n that's why this corruption issues has become a vicious circle. The present 1999 constitution is a sham, it gave room for d elites n opurtunist to prey on Nigeria bcos its only servers d interest of a particular collectivity. The people needs to be involves in d making of d constitution b4 we can get it right.

Pension Scam

This people suppose to be history by now.Its a pity bcos Nigeria has no law n that's why this corruption issues has become a vicious circle. The present 1999 constitution is a sham, it gave room for d elites n opurtunist to prey on Nigeria bcos its only servers d interest of a particular collectivity. The people needs to be involves in d making of d constitution b4 we can get it right.

I believe her!

In fact, I believe her so much and feel that Nigerian youths should attend her next court hearing to offer her more support! Please encourage all your friends to go to the next hearing with as many satchels of "pure water" they can get and carry. Knowing the security details would not allow us near them, youths should proceed to ''donate" as much of the satchels by throwing them in her direction. Please don't let them drop near her feet since the water need to remain pure. Aim your donations at her head, face and mouth! Please give her "pure water" to drink!

THE SAID WOMAN HAS BEEN LAUNDERING THE MONEY TO HIS BROTHER IN I

AM NOT SURPRISE COS THE SAID WOMAN HAS BEEN LAUNDERING TAX PAYERS MONEY TO HIS STUPID AND UNLESS BROTHER IN THE REP OF IRELAND WHERE THE IDIOT HAS BEEN SQUANDERING THE MONEY ON WOMEN AND BOASTING HOW HER SISTER HAS HAS BEEN LAUNDERING MONEY FOR HIM. I WISH THE NIGERIA GOVERNMENT ARE PROACTIVE TO EVEN INVESTIGATE HIS BROTHER WHICH I BELIEVE IS BACK IN NIGERIA NOW, AND EQUALLY ASK THE IRISH GOVERNMENT TO INVESTIGATE HIM THE BROTHER TO0.I BELIEVE THERE IS MORE TO THIS

NIGERIA BANKS ARE USUALLY

NIGERIA BANKS ARE USUALLY PART OF ALL FINANCIAL CRIMES.

IT IS TIME BANKS ARE HELD LIABLE FOR SOME OF THESE BREACHES IF THE RELEVANT EXTANT LAWS ARE BREACHED IN THE COURSE OF AIDING CRIMES>

THEIR LICENCES MUST BE SEIZED IF WE MUST MOVE NIGERIA FORWARD!

Only a complete fool would

Only a complete fool would believe this pure water (pure lie) story? How much tax did the company pay to the FIRS? If we really want to catch all the thieves and robbers among us, we can. You just need a president who's so committed, a man or woman in the mold of Murtala R. Muhammed.

Submitted by General2 (not

Submitted by General2 (not verified) on April 2, 2012 - 18:31''The world will not be destroyed by those who do evil, but by those who watch them without doing anything'' Albert Einstein.
Albert Einstein was an all-round genious! Walahi!!

No. 1 COMPANY FOR NIGER!

I beg quick begin sell shares for that your company so that me self go buy. I never know say we get better company like that for niger.With this your company you need not be in police pension again.

They will soon be released

Am sure this people will soon be released, look at Akingboola's and Elumelu' issue. By the time the lawyers, Judges and the rest collect there own, they will be set free...... mark my words...

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