MIRA
INFORM REPORT
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Report Date : |
15.12.2007 |
IDENTIFICATION
DETAILS
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Name : |
COLONEL MIKE OLADEJI |
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Registered Office : |
Nigerian Army Finance Command Headquarters, Arakan
Barrack, Apapav |
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Country : |
Nigeria |
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Legal Form : |
Individual |
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Line of Business : |
Military Services |
RATING &
COMMENTS
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MIRAs Rating : |
NR |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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Status : |
Undetermined |
IDENTIFICATION
NAME: COLONEL MIKE OLADEJI
OFFICE ADDRESS: Nigerian Army Finance Command Headquarters, Arakan Barrack,
Apapa, Lagos-Nigeria
TELEPHONE(S): 234-
FAX: 234
MOBILE: Nil
E-MAIL: Nil
WEBSITE: Nil
POSTAL ADDRESS: Nigerian Army Finance Command Headquarters, Arakan Barrack,
Apapa, Lagos-Nigeria
Subject is an Army Officer in Nigeria.
Currency: All monetary values in this report are in Nigerian
Naira, the local currency, except otherwise stated. The exchange rate is N123.83
to 1 US $.
SUMMARY
NATURE OF
PREMISES: Leased,
office space at head office occupying approximately 11,220 square metres.
LEGAL FORM: Individual
BANKER
Nil
TRADE REFERENCES
Nil
PAYMENT REFERENCES
Nil
PRODUCT DESCRIPTION
Nil
PERFORMANCE RANKING
Nil
OPERATIONS
Subject is into Military Services in Nigeria
Subject is located in a central
business area
TYPES OF CUSTOMERS
Nil
BACKGROUND
Ni
l
EXPANSION PLAN
Nil
PRINCIPAL ANTECEDENT
Nil
PHYSICAL VISIT
Visits were made to the followings:
1.
SUBJECT OFFICE
2.
CORPORATE AFFAIRS COMMISSION.
FINANCES
Subject financial information was
not available as at the time of compiling this report.
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ASSESSMENT: |
Not rated due to lack
of information. |
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CREDIT
LINE AMOUNT: |
FAIR |
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CREDIT
LINE OPINION: |
Transaction with subject is
considered to be fair trade risk |
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DIRECT INTERVIEW
1. The Command Secretary
Undetermined as he refused to give his name.
He declines all information about his
superior Officer
CMT REPORT (Corruption, Money Laundering & Terrorism)
Public Notice from various sources
including but not limited to: The Courts, Nigerian Prison Service, Economic
& Financial Crimes Commission (EFCC), National Drug Law Enforcement Agency
(NDLEA), National Agency for Food & Drugs administration and Control
(NAFDAC), Independent Corrupt Practices and Other Related Offences Commission
(ICPC) Etc.
No negative information on subject from the above agencies as
at the time of compiling this report.
SUBJECT LOCATION
Nigerian Army Finance Command Headquarters, Arakan Barrack, Apapa, Lagos-Nigeria
Arakan Barrack is located along Apapa Wharf road in Lagos State. The nearest bus stop to navigating to the entry route of the barrack is a Total filling station around Liver pool area of Apapa. The barracks houses the Nigerian Army Finance Command Headquarters, and some other structures like the guest houses, and Officers Mess.
OFFICIAL REMARKS
Having carried out all necessary research on subjects, our investigations revealed the followings:
REPORT ON COLONEL
MIKE OLADEJI
A visit was made to the office of Colonel Mike Oladeji at his Arakan Barrack on the 13th of December 2007 by our team of Investigators. He is a top ranking military officer in the Nigerian Army serving in the Finance headquarter, Nigerian Army Signal Command located at Apapa port area of Lagos State-Nigeria.
Coincidentally, the very day the visit was made fell into the week of the Nigerian Army Finance Re-Union week designed for rewarding outstanding officers in the finance arm of the force. Though he was seen afar off as he was pointed at by one of the soldiers at the reception, but he could not be reached because of the events that were going on in the Barrack. The officers met declined giving further details since they were not given orders but it was confirmed that he is a Red Neck officer of the Nigerian Army. In addition, the letter and our standard questionnaire intended to be given to him could not be gotten across; the reasons being that there was no officer that has been mandated by the Colonel to do so on his behalf as their practice is. Also, we were reliably informed that the chances are very slim in paying a visit to any top ranking officer without them inviting or fixing an appointment with such an individual by themselves.
All
information contained in this reports are from secondary sources only.
RATING
EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
|
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
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56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit consideration.
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
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11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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This score serves as a reference to assess SCs credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this
report. The assessed factors and their relative weights (as indicated through
%) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)