{"id":74640,"date":"2020-07-06T20:59:17","date_gmt":"2020-07-06T19:59:17","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=74640"},"modified":"2020-07-06T21:45:06","modified_gmt":"2020-07-06T20:45:06","slug":"hushpuppi-kalu-calls-on-interpol-to-trail-apc-teleology-and-the-funtuas-kingpin","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/news\/hushpuppi-kalu-calls-on-interpol-to-trail-apc-teleology-and-the-funtuas-kingpin\/","title":{"rendered":"Hushpuppi: Kalu Calls On INTERPOL to trail APC Teleology and the Funtuas Kingpin"},"content":{"rendered":"
\n
Following the misguided call by APC for EFCC to investigate 2019 PDP Presidential Candidate, Alhaji Atiku Abubakar, Busola Saraki and Dino Melaye over alleged business relationship with the bursted internet fraud kingpin, Hushpuppi, many Nigerians have continued to react in tone laden with surprise and anger at such effrontery even while they are comfortably presiding over the worst corruption in the history of Nigeria from all fronts.<\/div>\n
\n
The PDPYA National Publicity Secretary, Chief Dr Emeka Kalu, has called on INTERPOL, FBI, CIA and other relevant agencies to swing into action to unravel the many shady deals incubated and hatched by some APC-Hushpuppis who have been preying on the innocent citizens of Nigeria, enjoying endless wealth with no known source of income or record of business establishment before Buhari took over power in 2015.It has been established that these syndicates are used by the Buhari\/APC-Led administration as conduit for money laundering and shady business across the glob.<\/p>\n

Investigation have revealed that Teleology Holdings Nigeria Limited, which recently acquired Etisalat under shady circumstances is front for dubious Nigerian forex round-tripper, Mallam Isa Funtua, and his son, Abubakar, took their shady deals to Uganda where they were not only chased out but described as \u201cfraudsters\u201d,
\nTo launder millions of United States dollars made from scandalous forex and other shady deals in Nigeria.<\/p>\n

Sources in Kampala disclosed that, despite the obvious deficiencies of Teleology Holding\u2019s bid, in October 2018, to please President Buhari, President Museveni caved in. Teleology was announced the winner of the bid to take over UTL.<\/p>\n

According to a report of the Financial Intelligence Authority (FIA), the Ugandan government agency vested with the powers to investigate contracts and prevent money laundering, The FIA report was signed by its Executive Director, Sydney Asubo, and\u00a0 dated May 25, 2018 said.<\/p>\n

“While Teleology Holdings failed to pay the required $60million to finally take over the Ugandan State-owned Telco, a report carried out by the Ugandan Government\u2019s Financial Intelligence Authority, FIA, described Teleology as \u201ca company with no clear source of funding and ownership.\u201d
\nOn April 17, 2019, Ugandan State Minister for Investment Evelyn Anite said they realized that the deal was given to fraudsters and the search for genuine investors was on.<\/p>\n

Minister Anite\u00a0 who described Teleology Holdings as \u201cfraudsters\u201d, said it was\u00a0 based on a report which linked the company to the Funtuas who are notorious for Forex scam, and using Aliga, a Ugandan, as a front.<\/p>\n

\u201cWhat happens with UTL? Like you know Kisanja Hakuna Mchezo (term for serious business), and you know Anite. I told them these are quack investors and it has come to the fore that they are quack investors. We\u2019re back on the drawing board to get a proper investor,\u201d noted the minister.<\/p>\n

\u201cOne thing I can promise you and promise my president is that; we shall not betray our country to get quack investors or surrender our resources to fake people. That we\u2019ll not do\u201d, added the minister.<\/p>\n

\u201cAlthough Teleology Holdings Limited submitted the highest bid, it was revealed by the FIA that they had no proper record of books of accounts, had no money to Invest, no experience in the telecom business and it was only a Special Purpose Vehicle created with a sole aim of acquiring shares in Uganda Telecom. Indeed, my fears were vindicated because up to the present, this shell company has never brought a coin to invest in UTL,\u201d she declared.<\/p>\n

\u201cIn Uganda, Aliga is known within government circles as a man with questionable character who fronts for corrupt Nigerian politicians. His source of wealth is unknown to Ugandans.<\/p>\n

\u201cWe have also established that Teleology Holdings Ltd. owns 50% of the shares of Teleology Uganda Ltd. which was incorporated in Uganda on April 17, 2018, as a company limited by shares.
\nThere are no records of Teleology Holdings Ltd\u2019s previous business operations and financial records. In addition, the company\u2019s funding sources are not clear.<\/p>\n

“This is time to call a spade a spade, since the EFCC are lenient with fraud under Buhari and have towed the path of aiding and abating corruption in Nigeria, we are calling on Interpol and the sister international agencies to continue their good works” Chief Kalu concluded.<\/p>\n<\/div>\n<\/div>\n

<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Following the misguided call by APC for EFCC to investigate 2019 PDP Presidential Candidate, Alhaji Atiku Abubakar, Busola Saraki and Dino Melaye over alleged business relationship with the bursted internet…<\/p>\n","protected":false},"author":1,"featured_media":74644,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-74640","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nHushpuppi: Kalu Calls On INTERPOL to trail APC Teleology and the Funtuas Kingpin - Pointblank News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pointblanknews.com\/pbn\/news\/hushpuppi-kalu-calls-on-interpol-to-trail-apc-teleology-and-the-funtuas-kingpin\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hushpuppi: Kalu Calls On INTERPOL to trail APC Teleology and the Funtuas Kingpin - 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