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Tuesday, February 13, 2018

Panic As New UK Property Law May Force Nigerians To Lose Their Properties





Nigerians who own properties in the United Kingdom have inundated the Federal Ministry of Finance’s Voluntary Assets and Income Declaration Scheme (VAIDS) hotlines with calls, causing the lines to crash last Friday.

A source at the VAIDs office told the News Agency of Nigeria (NAN) that the unprecedented level of calls was not unconnected with the new UK regulation on Unexplained Wealth Orders (UWOs). The source disclosed that the VAIDs office have been receiving massive calls and frantic requests from taxpayers based in the UK in the last 72 hours, asking for extension of time to enable them complete their VAIDS declaration forms. The UK Government had last week introduced a new law that requires foreigners who own properties in the country to explain the source of their funds or risk forfeiting them to the government.


According to the new law, the UWOs could be obtained on any property or combination of properties valued at 50,000 pounds ( N25 million) or more, for which the owner is unable to explain a legal source of its funding.

The source said the data already in the possession of the VAIDS office in the Federal Ministry of Finance revealed that many UK property owners had underpaid their taxes before transferring funds overseas to buy properties.

“Concerted efforts are ongoing to restore the hotlines following the crash last Friday.

“Most of the calls received are from high net worth individuals, including company executives, bankers and even a governor.

“All seem to be in panic over the prospect of losing their investments,” said a source within the VAIDS Office. The official said some of the apprehensive Nigerian property investors in UK had even visited the Federal Ministry of Finance requesting to see the minister and also the Head of the VAIDS Office.

The source explained that most of the enquiries were about seeking assurance from the Nigerian government that the VAIDs programme could protect them from potential asset forfeiture to the UK Government.

Others requested to know if their names had appeared on the lists the VAIDS office had obtained from overseas.

The UWO law, coupled with the revelation that many foreign governments are automatically sharing bank and property information with Nigeria, has resulted in an upsurge in enquiries about VAIDs.

VAIDS allows Nigerian taxpayers to restate their income and assets without limit and thus could potentially allow those who own properties that cannot be explained by their previously declared income to regularise by declaring and paying the correct taxes.

VIDEO: Sematecino – RaggaMuffin Gurla

VIDEO: Sematecino – RaggaMuffin Gurla

VIDEO: Sematecino – RaggaMuffin Gurla
“Wait NO LONGER as Sema Delivers the stunning and sexy visuals to his BRAND NEW SINGLE ‘RaggaMuffin Gurla’.
This amazing “come back” ragga tune from Dublin Based Nigerian artist, Sema, popularly known as the ” Black Italian ” has got the whole industry buzzing…And now here’s the Official Music Video to this very catchy and romantic love song yet with all the fresh sauce and lingo all the way from Dublin.
Song produced by GTBeats in South Africa Stunning Visuals on this confirm Sema is ready to show his Raggamuffin to the world.
Shot on locations across Ireland by Ace video director Ovie Etseyatse. This video and song is one to watch out for in 2018. Taken from Sema’s unreleased #REINCARNATED EP.
ENJOY THE #RAGGAMUFFIN GURLA

MAN ARRESTED FOR RAPING A DONKEY TILL IT FAINTED








So this yet to be identified middle aged man was caught having sex with a donkey somewhere in Zimbabwe. While details pertaining to how he got arrested are yet to be ascertained, however, he was recorded while admitting in a police station how he se_xually feasted on the poor Jennet (a name of a female donkey).


What even shocked the police officers who can be heard speaking in the background and asking him questions is the allegation that he ra_ped the donkey till it lost consciousness. He must have been extremely se_x starved hey!

By the way, never mind our featured image, we’re simply protecting the identity of the victim, as required by the se_xual violation laws!

Watch Video Below

VIDEO: Saint Seaba – Best Feelings (Koko)



Wande Coal teams up once again with Aristokrat’s super producer, Leriq to create one of the most coveted collaborations in 2018.
Wande Coal exercises his versatility, flexing his amazing vocals on this trap-Soul ballad on the Leriq produced beat.
Shot in South Africa, and directed by the talented Sesan.
King Coal is here… Call the Paramedics!
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