TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

Democracy: How Obasanjo ruined my businesses after failed third term bid – Orji Kalu

The Citizen by The Citizen
April 30 2018
in Latest News
A A
0
Fayose rejects Orji Kalu’s visit to Ekiti

Eminent businessman and former governor of Abia State, Dr. Orji Uzor Kalu, has revealed how former President Olusegun Obasanjo deprived Nigerians their livelihood by destroying his business enterprise.

Kalu revealed this in an interview with Asabe Afrika Television, in Lagos, yesterday.
Obasanjo reportedly went after politicians who were against a rumoured bid to secure a third term in office, towards the expiration of his second term in 2007.

The former president has since distanced himself from the third term agenda.
In the process, Kalu said Obasanjo destroyed his businesses consisting of Hallmark Bank, Slok Airline and an oil block, due to his opposition to the then president’s agenda.
Kalu, in the interview, said the former president threatened him physically and even promised to render him poor and turn him to a beggar.

The former governor also spoke about how he and like-minded politicians stopped Obasanjo’s third term bid.

He recalled how the former president came into office with only N20,000 in his bank account and queried how the former president got the resources to erect structures for himself in Abeokuta and Ota, Ogun State.

Kalu said unless President Muhammadu Buhari retraces his steps by probing Obasanjo, then the fight against corruption will be a fight that has not began in earnest.
He called on President Buhari to give the Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, a mandate to pick on Obasanjo.

Asked how he feels after Obasanjo made good his promise, Kalu replied that he has moved on.
“No, no, no, no! It is not about that. We have passed that stage. Hallmark Bank, Slok Airline, the oil block; they were my businesses. I have moved forward. I am not even thinking about that. But, he deprived Nigerian people who were working, 5,000 workers in Hallmark Bank, at133 branches. He deprived them their daily food. Fourteen aircraft on ground for Slok Airline! He deprived all the people employed in Kano, in Kaduna where we had bases; in Port Harcourt, in Owerri, in Enugu, in Lagos and in West Africa.
“All the West African countries. He deprived them of their daily food. It was not about Orji Kalu,” he said.
Even though he is yet to overcome the challenges Obasanjo wrought on his business, Kalu said he is grateful to God because, in life, a man must bear a burden.
“Obasanjo is just a common criminal on the street. He is a criminal because he came to be president with N20,000. All his bills, throughout when he left prison, were paid by me.

“So, how can I become a thief? He was sleeping in my house in Victoria Island.

“So, how could I have become a thief immediately he became president and started taking money away? So, all the businessmen he used in siphoning our money, I want president Buhari to mandate (acting Chairman of the Economic and Financial Crimes Commission, Ibrahim) Magu, tomorrow, and that is the only way I can know that president Buhari is pursing corruption by probing ex-president Obasanjo,” Kalu added.

On Obasanjo’s third term bid, Kalu said the former president wanted to kick-start it from the African Union.

“Even people who are taking credit in the Senate, the person who derailed the third term in the Senate is Ibrahim Mantu and Adolphus Wabara.

“He was just removed as senate president. So, we contacted him, made a deal with him and we made a deal with Mantu and we used them to derail the thing.

“I will not go into details on how we derailed it, but, it was a full marshal plan to derail it that day and kill it and that was how we killed it,” Kalu said. – The Sun.

 

Previous Post

PDP pledges to revamp Nigeria’s economy in 2019

Next Post

‘Executive rascality’: Buhari’s govt mismanages federal funds, says Fayose

Related Posts

NAF names 25 victims of Ondo aircraft crash
Headlines

NAF names 25 victims of Ondo aircraft crash

October 6 2026
Ondo air crash pilot dies two weeks after wedding
Headlines

Ondo air crash pilot dies two weeks after wedding

October 6 2026
2027: Why I can’t step down for Atiku – Peter Obi
Headlines

I left Anambra debt-free, Peter Obi insists

September 25 2026
NECO suspends 2020 exams indefinitely
Latest News

NECO records 58.67% pass rate in English, Maths

September 25 2026
Tinubu, Shettima’s absence: I’m not Acting President, says Akpabio
Headlines

Tinubu, Shettima’s absence: I’m not Acting President, says Akpabio

September 23 2026
Tinubu orders probe into death of detained miners in Niger State
Headlines

Tinubu orders probe into death of detained miners in Niger State

September 19 2026
Next Post
‘Executive rascality’: Buhari’s govt mismanages federal funds, says Fayose

‘Executive rascality’: Buhari’s govt mismanages federal funds, says Fayose

Explosion rocks Ohaneze President-General’s residence

Explosion rocks Ohaneze President-General’s residence

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FROM THE GRASSROOTS

Minister defends King’s College concession, cites infrastructure decay

Minister defends King’s College concession, cites infrastructure decay

by The Editor
September 16 2026
0

...

Lagos demolishes shanties after four die in community clash

Lagos demolishes shanties after four die in community clash

by The Editor
August 30 2026
0

...

Kano, Sokoto, others spend N53.2bn on scholarships abroad

INEC fixes Sept 19 for Kano Assembly by-election

by The Editor
August 27 2026
0

...

Awujale: Ruling House sues Ogun, kingmakers

Awujale: Ruling House sues Ogun, kingmakers

by The Editor
August 25 2026
0

...

APPOINTMENTS

Enugu governor names Nollywood’s Eucharia Anunobi, Rachael Okonkwo aides

Enugu governor names Nollywood’s Eucharia Anunobi, Rachael Okonkwo aides

by The Editor
September 23 2026
0

...

Gov. Yahaya swears in 19 new Gombe permanent secretaries

Gov. Yahaya swears in 19 new Gombe permanent secretaries

by The Editor
September 11 2026
0

...

Niger State governor appoints six commissioners-designate, four aides

Niger State governor appoints six commissioners-designate, four aides

by The Editor
September 8 2026
0

...

Tinubu swears in Enitan as new Head of Service

Tinubu swears in Enitan as new Head of Service

by The Editor
August 28 2026
0

...

ODDITIES

Newly-wed pastor steps back from ministry after apologising over past affairs

Newly-wed pastor steps back from ministry after apologising over past affairs

by The Editor
October 6 2026
0

Residents find lifeless body in Akwa Ibom gutter, police begin probe

New co-tenant absconds with neighbour’s children in Akwa Ibom

by The Editor
September 17 2026
0

Palliatives: Sokoto residents feared dead in stampede at Wammako’s residence

Police Inspector slumps, dies after fitness exercise

by The Editor
September 3 2026
0

GLOBAL NEWS

France braces for nationwide school protests after injuries, mass arrests

France braces for nationwide school protests after injuries, mass arrests

by The Editor
October 6 2026
0

...

Gambia orders banks to replace foreign workers with locals

Gambia orders banks to replace foreign workers with locals

by The Editor
September 25 2026
0

...

Trump signs security deal with Greenland, Denmark at UN

Trump signs security deal with Greenland, Denmark at UN

by The Editor
September 23 2026
0

...

Trump bars CNN, MS NOW, Politico from White House

Trump bars CNN, MS NOW, Politico from White House

by The Editor
September 18 2026
0

...

2027 Hajj: Saudi Arabia rejects Nigeria’s request for additional slots

2027 Hajj: Saudi Arabia rejects Nigeria’s request for additional slots

by The Editor
September 17 2026
0

...

State of the States

Auto Draft

Enugu Air opens international route to Cameroon, begins Enugu-Douala service

by The Editor
September 25 2026
0

...

I won’t be a godfather; Abia voters will pick my successor, says Gov. Otti

I won’t be a godfather; Abia voters will pick my successor, says Gov. Otti

by The Editor
September 17 2026
0

...

Fubara orders fresh LG elections in Rivers State

Fubara signs N1.84tt Rivers 2026 budget into law

by The Editor
September 3 2026
0

...

Lagos empowers 6,190 residents with free vocational, entrepreneurial skills

Lagos empowers 6,190 residents with free vocational, entrepreneurial skills

by The Editor
September 2 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Asharami Ghana commissions 6,000MT LPG storage facility, expands Ghana’s storage capacity by 10%

Asharami Ghana commissions 6,000MT LPG storage facility, expands Ghana’s storage capacity by 10%

October 6 2026
Rivers State shuts 21 health facilities, arrests 3 over alleged quackery

Rivers State shuts 21 health facilities, arrests 3 over alleged quackery

October 6 2026
France braces for nationwide school protests after injuries, mass arrests

France braces for nationwide school protests after injuries, mass arrests

October 6 2026
Dance-scipline: Mob’s bizarre punishment for theft suspects

Dance-scipline: Mob’s bizarre punishment for theft suspects

October 6 2026

EDITORIAL REVIEW

Averting another workers’ strike – Punch

Averting another workers’ strike – Punch

by The Editor
October 6 2026
0

Tele-robotic surgery: Nigeria needs more medical feats – Punch

Tele-robotic surgery: Nigeria needs more medical feats – Punch

by The Editor
September 25 2026
0

2027: Voter registration figures must mirror turnout – Punch

2027: Voter registration figures must mirror turnout – Punch

by The Editor
September 17 2026
0

EFCC recoveries: The good, the bad and the ugly – Punch

EFCC recoveries: The good, the bad and the ugly – Punch

by The Editor
September 11 2026
0

Football’s house of failure – Punch

Football’s house of failure – Punch

by The Editor
September 8 2026
0

Opinion

Candidate Sowore: Revolution, Marijuana and other stories

Candidate Sowore: Revolution, Marijuana and other stories

by The Editor
September 25 2026
0

...

 Akpakomiza and other stories

by The Editor
September 1 2026
0

...

‘Fake’ Agency: Adeyemi insists DG appointment genuine

Fake agencies: Why Nigeria still needs Oronsaye report

by The Editor
August 25 2026
0

...

How Adeleke danced back from the dead

How Adeleke danced back from the dead

by The Editor
August 19 2026
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.