ONE OF BUHARI'S BOARD APPOINTEES,MR JIDE HAS BEEN ALLEGEDLY INDICTED

       Mr Jide Zeitlin,the newly appointed Chairman of the Board of Nigeria Sovereign Investment Authority (NSIA), has been  exposed by a New Delhi Court in India over an allegation of dishonest business dealing. S

 Zeitlin’s retreat was announced a few weeks after the allegation of his dishonest business dealing was exposed by a New Delhi Court in India


   in December 2009, Mr Jide Zeitlin withdrew his nomination as President Barack Obama’s nominee for financial reform at the United Nations. Eight years after the scandal, Mr. Zeitlin has worked his way back to Nigeria to corner a juicier deal as the Chairman of the Board of Nigeria Sovereign Investment Authority (NSIA). It was also reported that the acting President Yemi Osinbajo inaugurated the board on Friday May 12 at the State House Abuja and announced the appointment of Mr. Zeitlin. Sahara Reporters also said that a report published in Washington Post in December 31, 2009, said that Mr Zeitlin, a former Goldman Sachs executive and telecom entrepreneur, had been accused of insincere business dealings with Indian contractors who said they have not been paid for building wireless towers throughout India in spite of the agreement. His company, Independent Mobile Infrastructure Limited has been declared bankrupt by Indian court for failing to ppay about 2.4 million US Dollar in supplies, services and interest to a client. The client, Unitech Power Transmission, charged that IMIL failed to honor agreement to pay for 34 wireless towers as part of a larger deal to construct a network of 137 towers throughout India.


    Zeiltin accused with criminal charges like cheating and dishonesty, including delivery of property and criminal breach of trust. SaharaReporters investigation reveals that his telecom company reported on its financial status last in 2015 with a capital liability of almost 10 million USD. In addition, the IMIL boss was also accused of identity fraud for sending an email to investors pretending as chief executive of a rival company. Though Zeitlin testified before Congress that the email was a prank, but such misconduct is a big deal in the United States