The Senate’s directive was announced on Thursday by Senator Solomon Adeola (APC Lagos West), chairman of the ad-hoc committee probing the $16.35 billion Egina Oil Field Project, during an interactive session with major and subcontractors of the project. According to Senator Adeola, “Mr. Young Ho Jo who has been working for the past two months in Nigeria as the Managing Director of Samsung without fulfilling legal requirements for such told us that he couldn’t complete his documentation as a result of alleged breakdown of machines of the Nigeria Content Development Monitoring Board (NCMDB).
But the NCMBD wrote to us that their machine had never broken down in the period claimed, showing that the man has contravened the Local Content law. Going by recommendations made by this committee to the Senate and resolution adopted, MD Samsung is no longer recognised on account of improper documentation as shown by papers he presented. To the Senate and this committee, Samsung MD is an illegal immigrant who must be deported by the Nigerian Immigration Service to which a letter to that effect has been forwarded to the Ministry of Interior. He can, however, come back to the country through proper documentation thereafter.
He argued further that Young Ho Jo, during his illegal residency in Nigeria as Samsung MD, also violated the Local Content Act by spending $1.6 billion out of the $3.5 billion contract Samsung got from the $16.35 billion Egina Oil Field Project in Goje, South Korea.
From the Independent
But the NCMBD wrote to us that their machine had never broken down in the period claimed, showing that the man has contravened the Local Content law. Going by recommendations made by this committee to the Senate and resolution adopted, MD Samsung is no longer recognised on account of improper documentation as shown by papers he presented. To the Senate and this committee, Samsung MD is an illegal immigrant who must be deported by the Nigerian Immigration Service to which a letter to that effect has been forwarded to the Ministry of Interior. He can, however, come back to the country through proper documentation thereafter.
He argued further that Young Ho Jo, during his illegal residency in Nigeria as Samsung MD, also violated the Local Content Act by spending $1.6 billion out of the $3.5 billion contract Samsung got from the $16.35 billion Egina Oil Field Project in Goje, South Korea.
From the Independent
*WOW.Nigerian law now works?I am coming back home!!!!
Ebi like say Senators no see bribe collect? If I hear
ReplyDeleteGod bless you!
DeleteWhich system dey work. Work fire. They know what they are doing. No be ninja again. We dey watch them in 6D
ReplyDeleteEbi like say Senators no see bribe collect? If I hear
ReplyDeleteLol Stella you crack me up 🤣 I love you and your blog post plus bvs. Lol
ReplyDeleteWorks for where??? Is all political move to gain face. I'm sure the Sebstes are working to support Samsung competitor. Stella You better stay where you are in a lawful country
ReplyDeleteIf I hear. Lol
ReplyDeleteNo problem. Start coming. I will be waiting for you at the airport.
In fact that day we will shut down the airport with the theme "King SDK Homecoming" 😍😍
Side eyes @Senate body. If you check well all na strategy to collect their share of the contract
ReplyDeleteStella forget that thing, one of them obviously want to introduce such business or the guy have over stepped boundary. Many foreigners in this country don't have their paper and nobody cares.
ReplyDeleteHe's a serious competition to some of them, the guy no get sense sha.
Once your business is becoming huge in a foreign country first thing is to make sure your papers are complete and up to date.
Most of them are illegal!!...
ReplyDeleteImmigration dey collect bribe from them to stay!...
Young no give them their cut?
ReplyDeleteFat stupid cats!
Poli=tricks 101
ReplyDeleteThem dey ransack every cupboard for 2019 money ooooo!
Thieves!
Make them leave our oga biko....laws my black ass🙄
ReplyDeleteMaga no pay
ReplyDeleteYimu...come back next week/month/year Oga manager will still be in this country with bodyguards join sef.abeg okada man move front jare I Never reach where I dey go
ReplyDeleteSmh. Na today? SDK dey where you dey ooo , even we for this area wan port to that side.
ReplyDeleteChinese too stingy. Dem no dey drop. They go price even pure water sef.
ReplyDeletestory! this one na IGG, initial gara gara. Ofozianu idiportiaaa.
ReplyDelete