Speaker Dimeji Bankole spent N10 Billion Bank Loan on Gbemi Saraki, Ini Edo

// Headline | Speaker Dimeji Bankole spent N10 Billion Bank Loan on Gbemi Saraki, Ini Edo
Email to a friend Plain text Print version // Font size: Decrease font Enlarge font

Even though his crooked colleagues said he had no to case answer, very credible sources have informed pointbklanknews that Speaker Dimeji Bankole spent part of the dodgy N10 Billion loan on Gbemi Saraki and sultry Nollywood actress, Ini Edo, the two mistresses that had long serviced the high libido needs of the out-going speaker of the House of Representatives. Sources informed Pointblanknews.com that while Bankole bought a palatial home in Maitama for Ms. Edo in addition to a Prado Jeep before the Nollywood star got married, he allegedly bankrolled Ms. Saraki’s Governorship campaign.

Ms. Saraki, a divorcee had become the living lover of the Speaker. The whole drama, Pointblanknews learnt, is creating some head scratching moments in the Presidency .This is compounded by the fact that the report of the Economic and Financial Crime Commission (EFCC), on alleged misappropriation of N9 Billion, which indicted Bankole and his deputy, Nafada, is still nowhere to be found. Last year, he squandered N9billion of the House’s N11 Billion.

Last  May 28, 2008, the Speaker and Body of Principal Officers approved the purchase of four units of Range Rover (V8) Sports Utility Vehicles (SUV), three units of Mercedes Benz S-600 cars for the use of the Speaker and his deputy in the sum of N335,500,000 million.

The House leadership approved the purchase of LCD 40 Samsung LNS 341 for the House at the sum of N525, 000 per unit. The open market price for this product is about N180, 000. The Speaker had authorized the purchase of 400 units for N210, 000,000 million instead of N97, 200,000 million, thereby causing a loss of N112, 800,000 million to the national treasury.

Bankole was also accused of approving the purchase of one unit of Sharp copier 5316 for N270, 000, when the open market price is N160, 000 each.

The House leadership was also accused of approving the purchase of 800 units of desktop (HP Compaq dc 5700) on May 28, 2008 at the cost of N330,000 per unit. The open market price of this product is N160, 000. A mark-up of 35 per cent on the product would bring the unit price to N216, 000.

“The sum of N264, 000,000 million was therefore expended on the purchase of the desktop instead of N172, 800,000 million.

Today, another N10 Billion has varnished, as a matter of fact, Pointblanknews.com learnt that he had requested N60 Billion but was turned down due to Central Bank of Nigeria (CBN), regulation. It was gathered that Bankole got the cash in three trances in May 2010. N6.1Billion, N2.5Billion and N1.5Billion, without the knowledge of members.

Pointblanknews.com learnt that the outgoing Speaker spent the cash on his return bid which commenced last year, put some on the campaign war chest of his mistress, Senator Gbemi Saraki, and used the balance to make up for the illegal allowance for his colleagues.

Our source also hinted that Bankole also had an affair with Nollywood actress, Ini Edo. According to the source Bankole bought a palatial home for her in Maitama, Abuja and a Prado Jeep. This all happened before Edo got married.

According to our source, Bankole had sometime in July 2010 also approved an upward review of the illegal quarterly allowance from N28.9 Million to N42 Million. This, it was learnt,  was part of his return strategy, but the commitment put the account of the House in the red. The repayment had also been built into the controversial 2011 Budget.

This explains why, even though he did not seek the members’ consent and most were initially angry, they decided to sweep the matter under the carpet, and prevail on the Presidency to approve the budget that contains all the illegal and unjustified inclusion that President Goodluck Jonathan has vowed to resist.

Said the source “ . He got the N10 Billion and gave some to Gbemi for her campaign and the rest into his campaign which he commenced last year. Gbemi had been living with him for a while. Since he sent his wife abroad Gbemi had taken over his Apo Quarters residence. He spent so much on her campaign; he is obsessed with her beauty. The House lived beyond its means, led by Bankole. They wanted an upward review of the allowance; part of the reason was so many of them needed tons of cash to campaign. Bankole too needed huge cash. “

Pointblanknews.com source hinted further that “he purchased over 30 new Toyota Camry cars for campaign, it was like he also had his eyes on the Ogun State Governorship, he spent billions on his return bid as well. It is not a lie that the House has no cash left. They can’t even pay the outstanding allowances for (Dino) Melaye and co. who were suspended.

Tagged : Emmanuel Chimaobi Adinna Okoro, Fake Lawyer, Tendai Shoko, Chris Oyakhilome Billboard, Hot Bride

Headlines Newsview all

Peter Christopher, 48, Rapes Girl, 8, Offers Her Family N25,000 As Compensation

An eight-year-old girl has narrated how she was allegedly raped by their 48-year-old neighbour, Mr. Peter Christopher, one afternoon in the building her family shared ... Full story

Female Suicide Bomber Arrested In Cameroon (Photos)

Cameroon military have recorded massive successes as they have reportedly foiled two major bomb attacks.  Earlier, we gave you a report of a female suicide bomber ... Full story

Giant Snake Found At Daniella Okeke’s House

The actress said the massive snake was found at her backyard yesterday. I think that surrounding needs a little weeding. That plants surrounding the building ... Full story

Ex-Lawmaker Jailed 7 Years Jail For Drug Trafficking

A former member of the Adamawa State House of Assembly, Missa Bobbo, and a notorious drug baron, Bappa Madu, of Ngurore town have been sentenced ... Full story

Notorious, Cold Hearted Kidnapper Kills 7 Including His GirlFriend In One Day

On Saturday, February 16, 2013, Henry Chibueze, a notorious kidnapper terrorizing South East and South South parts of the country, stormed the home of his ... Full story

We Live Like Rats, Yet Nigerians Citizens Want Us To Be Their Friends - Nigerian Policemen

He was drenched with sweat by the time he wriggled himself through the narrow entrance of his room into the passageway. Looking very depressed and ... Full story

Nollywood Actress, Gloria Young Causes Scene At Bank

Popular actress, Gloria Young, is currently not a happy customer. The iconic actress was recently spotted at a bank where she created a scene and ... Full story

Generator Repairer Stabbed To Death By Scavenger

A 19-year-old scrap metal scavenger, Mohammed Bello, is in custody of the Department of Criminal Investigation, Yaba, Lagos for allegedly stabbing a generator repairer, Taiwo ... Full story

MJ's Famous White Sequined Glove Sells At Auction For £41,000

A sequined glove worn by Michael Jackson has been sold at auction for a whopping $64,000. Bidding for the iconic fashion piece started at $20,000, around ... Full story

Nigerian Arrested In Iceland For Infecting Women With HIV

A Nigerian man who arrived Iceland last August, has been arrested for deliberately infecting women with the HIV. Police are currently investigating the case, particularly as ... Full story

Toke Makinwa Returns With Vlog Of The Week (Video)

What's the worst thing that can happen...you'll be single. Is singlehood so bad? Watch Rhythm FM OAP, Toke Makinwa's Vlog of the Week.  She has been ... Full story

Comment on: Speaker Dimeji Bankole spent N10 Billion Bank Loan on Gbemi Saraki, Ini Edo

Rate this article

5.00

Breaking News

My Wife Didn’t Like Our Son’s Music Career - Femi Falana

Music sensation, Falz, is enjoying every moment in the spotlight but before he got there, he had to cross some hurdles at home. Saturday Beats ...

My Mum Always Warned Me About Women - Mike Godson

In a recent interview with The Entertainer, fast rising Nollywood actor, Mike Godson revealed one of his best kept advices from his mum. The Imo ...

Checkout What Actress, Moji Olaiya Invested Several Millions On

Nollywood actress, Moji OLaiya, has joined the train of entertainers who are investing their money wisely to diversify into other businesses. Rather than remain dependent on ...

Omotola Jalade Causes Stare With Outfit (Photos)

Nollywood actress, Omotola Jalade, is really making a lot of men to salivate with her beauty which continues to radiate as the day goes by. The ...

Naira Has Recovered In Black Market, Checkout New Rate

Relief has come for individuals who are looking to change currency in the black market as the rate of naira to a dollar increased yesterday, ... Full story

Mario Balotelli's Liverpool Career Is Over

Mario Balotelli's career might be finally over at Anfield as he has been left out of trainings and tour.  Mario Balotellli's career in Liverpool may just ... Full story

Jay-Jay Okocha Returns To Football

Former captain of Nigeria’s Super Eagles, Austin ‘Jay Jay’ Okocha may be on his way back to English football. The former Botlon Wanderers skipper, who is ... Full story

Yemi Alade | Duro Timi VIDEO Premiere

2015 MTV Africa Music Awards “Best Female” award winner Yemi Alade premieres the music visual for “Duro Timi“; a Sizzle Pro produced emotive ballad sheltered on her acclaimed ...

Olamide Gushes About Adekunle Gold

There is a popular saying that anything worth doing is worth doing well. With this saying, singer, Olamide, seems not to have any regrets signing ...

Tonto Dikeh Reveals Her Belly To Her Fans (Photo)

For those rumour peddlers who had stated that Nollywood actress, Tonto Dikeh, is pregnant, well, the actress has openly revealed herself for all to see. The ...