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Will EFCC Seize The 2-4 Million-pound Apt That Muttalab ''Bought' For His Son?

If Cecilia Ibru's 28 house are to be seized (which is good) why not Muttalab's?

How did he get 2-4 million pounds to buy an apartment for his son in high brow central London?

How many other houses does he own in Yemen, Dubai, London and elsewhere?

These are the questions we need to ask, and not go about accusing every northerner/muslim of being a potential terrorist.

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22 answers

http://www.thisdayonline.com/nview.php?id=162771

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Every available fact suggest that the apartment belongs to the Muttalab family

It is reported that the bomber has not been in the UK for some time; infact he left there last year. Yet they are searching the apartment now. Why would they be searching the place if there is no form of permanency of the Muttalab's there, given when he was there last?

This suggests that the apartment is theirs. That being the case, it behoves on us to ask some additional questions, while sympathizing with his father. I am a shareholder and customer of First Bank with sizable shareholding and bank deposit, and I deserve to know where the Chairman of my bank got the money to buy a 2-4 million apartment (possibly amongst others); whereas I got peanuts as dividend for all my investment.

http://www.telegraph.co.uk/news/uknews/6890642/Detroit-terror-attack-police-search-London-home-of-Nigerian-suspect.html

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Don’t even start this argument. By U.K law non of this Nigerian rogues are qualified for a mortgage. As a non U.K resident, he got no credit history in the country as required by law to start with. That is why the Nigerian rogues buy their houses with cash and even so, they still need a proxy hand.

Even if the house is based on mortgage, to get a mortgage of £4m worth of property will require at least a deposit of not less than 10% the equity, which is approximately £4000k and a monthly payment, plus interest is likely to be in the region of £16k per P.C.M for 30 years. An average U.K mortgage repayment plan is 25 years, in which case, the Nigerian banker will be making a repayment of not less than £18k P.C.M for 25 years.

Where does a Nigerian get that kind of money from? Even if again he rented it. An average rent for a house of that status and within the postcode area of London is about £800-£2000 per week.

This case should open eyes of many Nigerians, how much their country had been looted from their country. If this is the case of a banker in Nigeria, you an guess how much the big masquerades has got.

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What is your point? That Mutallab got the ohuse using his salary in First Bank? Is that the only house he has in London? His son travels all over the world, how many briton of 23yrs can afford to live in $8 million house and travel all over the world? I am sure you will feed us with the crap that his proposed Islamic bank will be funded through his saving from first bank.

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then why are u asking silly questions, wehn it is has been stated several times that the house is not owned by Mutallab?

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Tribal affiliation with who? Cecilia Ibru? You must be thoroughly demented.

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Where did you get that from? CNN says otherwise

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^tribal affiliations---this has tribalised a painful issue

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Even if the house is owned by him,Sanusi is not a Law enforcement man,he cant seize it only EFCC chairperson can

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Spot on. . .The information we get outhere should be properly confirmed and beyond reasonable doubts before we start concluding!

Could well be. . .

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The house is not owned by this man sef, i forgot I was commenting on the thread of the misinformer and tribalist mekusxx, abeg let me move on to better things

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Is there any evidence that Cecilia Ibru's houses are not on mortgage too?

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Then our reporters including the indefatigable Sahara reporters should dig deeper to know if the house is on mortgage or paid for outrightly. Nigerians in general, especially those who come by some money in Nigeria hardly do this mortgage thing.

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i no say na bin laden

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Yeah, Nigerian Politicians and businessmen normally buy cash.

Even if they chose to go down the mortgage route, they are compelled to put down a substantial deposit e.g. 50% of the property value.

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That is if he owns the property. . .

Who knows, the property might have been acquired when it was £1, £2 or £2.5 million!

They only reported what the property is worth today!

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Bin-Laden paid for the house, i presume--- SEFAGO is right, Nigerian politicians and businessman DO NOT do mortgage. They buy everything CASH DOWN.

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so hw many years will he be paying for that house? I hope u knw naija politicians dont do mortgage, that is a white middle class concept

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You are an imbecilic fuc.ktard. . .I know it is me you are calling a "slowpoke"

Now that Mekuxss has opened a thread on the issue i will address it here. . .

It only takes a few thousand pound monthly repayment to pay a mortgage on a few million pound property

If Mutallab who is reported to earn some nice money as the former supremo of First Bank and from other businesses he owns then -

A few thousand pound monthly repayment wont be a lot for him to meet. . .

However information are still sketchy, the property could have been rented. . . .So you guys shouldnt be too quick to conclude!

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$2-4 million pound home? Where do we get these numbers from?

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Same question i asked on another thread and some called it a daft question.

But no need to dwell on the .

I completely agree with you. I am curious as to how a banker acquired a 4 million pound apartment in central london.

I am not suggesting anything shady but i am extremely curious

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