Air Peace CEO Indicted For Bank Fraud, Money Laundering, Obstruction
Over the years I’ve written extensively about Air Peace, which is Nigeria’s largest private airline, having flown since 2013. The airline operates a fleet of around 30 aircraft, ranging from regional jets to Boeing 777s, and even wants to fly to the United States.
Continue reading: Air Peace CEO Indicted For Bank Fraud, Money Laundering, Obstruction
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Lol how ironic that an airline called air peace would be involved in such scandals
Yeah, because everyone knows that companies based in the likes of the UK and the USA never engage in such practices.
Nigeria doesn't strike me as an ideal place to do business, but there's little benefit in applying/reinforcing stereotypes of this sort (and there's always the risk of being labelled as racist and ending up wasting energy in a silly culture war).
Stereotypes become so because there's a grain of truth in them; in this case, it's more than a grain. Nigeria is one of the most corrupt places on earth, and this is well known. Facts are not racist.
It’s not a stereotype. The entire society there is corrupt. Call it racist if you wish to so as I don’t like them.
I wonder about the company's "integrity" as it applies to aircraft maintenance, let alone ripping pax off as well ....
They'd better not get authority to fly to the US, and hopefully their US based assets are seized.
@bossa - In 2019, the Accident Investigation Bureau in Nigeria (their equivalent of the NTSB) wrote a scathing public statement about Air Peace for "persistent failure to report serious incidents and accidents". The airline's management was cited for "willfully failing to comply" with the Bureau's regulations, and it was further stated that the management "lacks the full understanding of their statutory mandates"
I have never seen a more damning statement by a safety regulator anywhere in the world against any airline.
He cannot be charged by us govt
He did not borrow money from any financial institution in USA
He is accountableloans and answerable to foreign sources only from whom he loans it is wrong
Well, obviously, most thriving business owners in Nigeria are fraudsters here and abroad.
That is why I am never involved is their praises.
I am only happy the US is not here where connections distort justice.
Let him face the law there.
Incorrect. If you decide to launder illegally/falsely obtained funds through a country, that country is able to come after you.
