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

Suspected 61-Year-Old Gay Man Almost Beaten To Death In Lagos

A man suspected of trying to lure a boy into gay sex narrowly escaped being beaten to death by an angry mob. But for timely intervention ... Full story

Nigerian troops Mistakenly Opens Fire On Governor 'Kashim Shettima'

Nigerian troops in Maiduguri, Borno State, ‘mistakenly’ opened fire on the convoy of Governor Kashim Shettima as it approached a military garrison near the airport. Shettima ... Full story

I Never Tampered With E-mail Document - Femi Fani-Kayode

The Director of Media and Publicity of President Goodluck Jonathan’s campaign organisation, Chief Femi Fani-Kayode, has denied tampering with an electronic mail sent to one ... Full story

'Buhari' Will Inherit A Battered Economy From Jonathan - Mallam Nasir el-Rufai

The governorship flag bearer of the All Progressives Congress in Kaduna State, Mallam Nasir el-Rufai, yesterday, said the presidential candidate of the APC, Maj.-Gen. Muhammadu ... Full story

'Buhari' Is Cuter Than Jonathan - Cossy Orjiakor

Controversial nudist, Cossy Orjiako who is known for exposing her massive boobs in the social media has made yet another headline as she revealed her ... Full story

Top 10 Truths About 'D’Banj' Revealed

A recent controversy has been going on concerning the interview where D’banj spoke about the Mo’Hits Records breakup. While he said in the teaser that ... Full story

'Waje' Reveals Why She Is Still Single

Popular Nigerian singer, Waje has reveal to the public why she is yet to get a ring on her finger. She disclosed this in a recent ... Full story

Nigerian Gay Right Activist 'Bisi Alimi' Threatened On Facebook

He is an outspoken Nigerian who is not ashamed to declare his sexuality as being ‘GAY’ to any ear that cares to listen to his ... Full story

Good Mother Potentials Displayed By Tonto Dikeh (PHOTO)

Nollywood pretty actress, Tonto Dikeh, would make a good mother, no doubt. This conclusion was reached based on the way she has been over pampering ... Full story

Student's Leader Arrested By 'Fayose' For Participating In Campaign

The All Progressives Congress in Ekiti State has berated Governor Ayodele Fayose for the arrest of students’ leaders who participated in the campaign rally of ... Full story

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

Rate this article

5.00

Featured author

chuky01

Breaking News

Abuja Agog For Omotola At 20 (Pictures)

Residents of Abuja were excited when superstar actress, Omotola Jalade-Ekeinde stormed the city for the celebration of her 20 years in the movie industry in ...

Why I Sleep With Fresh Female Corpses—Ghanaian Morgue Attendant

Wonders, they say, will not cease to end or how would one explain why an able-bodied young man will decide in his mind to start ...

I’m Also Good To Be Nigeria’s President—Davido Declares

While other Nigerian celebrities are busy vying to be lawmakers at the state and federal levels in the forthcoming election, Davido is seeking President Goodluck ...

Buhari’s Daughter Returns To Twitter, Accuses PDP Of Hacking Her Account

Daughter of presidential candidate of the All Progressive Congress (APC), Muhamadu Buhari, Zahra, has returned to social media after she went off, sparking speculations that ...

Fuji Star, Malaika, To Move Into Expensive Ajah Home (Photo)

Reports making the rounds have it that a prominent Fuji musician, Sulaimon Alao Adekunle fondly called ‘Malaika’, is set to finally move into his new ...

It’s Nobody’s Business If I’m Married or Not—Waje Blows Hot

‘I wish’ crooner, Waje whose real is name Aituaje Iruobe, has opened up on her relationship status and said she would let people know when ...

Naomi Campbell has some thoughts on people who got famous on Instagram

Quite a number of people have become quite famous via social media, with no talent, no skill, not even a sex tape...:-). In the olden ...

Zahra Buhari Chickens Out Of Twitter

Some days ago, the social media was buzzing after a photograph of the pretty daughter of Muhammadu Bahari named Zahra. The picture generated reactions with ...

Men Can’t Resist My Lips—Sexy Actress, Princess Toyin Onanuga

My Killing Point Is My Lips—Sexy Actress, Princess Toyin OnanugaUnited Kingdom based Nollywood actress, Princess Elizabeth Adetoyin Onanuga popularly known as Princess is currently making ...

'9ice' Refer's Himself As An Illiterate While Campaigning

He posted this picture on his instagram page and wrote what you see above  ... Full story