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Tinubu In Fresh Trouble As Group Petitions EFCC Over Alleged Corruption

Tinubu In Fresh Trouble As Group Petitions EFCC

A group Coalition Against Corruption and Impunity CACI, has petitioned the Economic Final Crime Commission EFCC accusing the former governor of Lagos State Asiwaju Bola Tinubu of corrupt practices.

The group forwarded an 11-page document on July 23, addressing the new EFCC chairman of various corrupt activities performed by Asiwaju Bola Tinubu.

The 11-page document signed by the group secretary, John Olufemi and Mohammed Sanni has accused the former Governor as well as his predecessor Babatunde Fashola of syndicated fraud and sharp practices, corruption, huge land scams running into billions, criminal diversion of funds, betrayal of trust and oath of office, economic strangulation laden with corruption, financial recklessness, mismanagement, embezzlement, misapplication of funds gross constitutional violations and abuse of office.

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Recall that Bola Ahmed Tinubu was featured in the Top 10 Richest Politicians in Nigeria by IssuesNG

The group also revealed that properties allegedly belonging to the Lagos State Government were divited to allegedly Tinubu by his predecessor Babatunde Fashola.

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According to the group, Tinubu and Fashola own the Golf Course and Housing Estate located at Lakowe near Ibaju Lekki Government. It claimed that the estate was developed by Asset and Resource Management Limited at N75 billion on 1,000 hectares of land.

The group claimed that the 14-hectare Parkview Ikoyi Estate foreshore land reclaimed by Lagos State Government are currently under Tinubu possession.

They also added that the annex of Lagos State Guest House in Asokoro Abuja, purchased by the Lagos State Government in 2006 for N450 million, had been transferred to Tinubu.

The petitioners claimed that Tinubu allegedly allocated Strabag Yard land, near Lagos State Secretariat at Alausa, to himself and developed a huge shopping mall on it.

The group alleged that the former Lagos State Governor’s Guest House located at No. 41 Oyinkan Abayomi, was transferred to Tinubu shortly after Fashola assumed office in 2007.

Tinubu took over the prime land of 157 hectares with 2.5km of Atlantic beach front at N10 billion from the communities of Siriwon, Igbekodo, Apakin etc in Ibeju-Lekki Local Government and given to his crony, Ibukun Fakeye, to erect a gulf house and luxury villa with little or nor compensation to the villagers.

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Furthermore, he paid $20 million (N3 billion) out of public treasury to Ibukun Fakeye for commencement of the project in late 2006 coupled with release of additional funding for the project by Fashola and not owned by Lagos State government, The group alleged.

According to the group, Tinubu also owns Fara Park estate and Beach Wood estate in Lekki, Lagos State, adding that Tinubu’s wife, Oluremi, had allegedly converted into personal use the, “massive New Era Foundation Youth Camp at Eleko Junction, off Lekki-Epe Express Road, Lagos State, which was built with state funds.

The also petition provided account names and numbers in eight foreign banks allegedly operated by Tinubu while he was the governor of Lagos. The accounts were allegedly domiciled in: First Heritage Bank, Country Club Hill, Illinois, USA, City Bank NA, New York, USA, City Bank International, New York, and five accounts in HSBC, 177, Great Portland Street, London WIWGOJ.

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“Presently Tinubu owns the critical care unit in Lagos State University Teaching Hospital (LUTH) in Ikeja which was built and equipped with state funds. The outfit is managed by his cousin, Dr. Sikiru Tinubu as a orivate unit and the proceeds belonging to Tinubu. The outfits major revenue is derived from referral of patients by General Hospitals in Lagos State which is hardly affordable by ordinary Lagosians because of its exorbitant charges”.

“He chased away Lagos State Polytechnic located at Ikoyi near old toll gate and allocated all the choice plots to himself, his cronies and political associates. Because of his greed, he deprived the youths of Lagos State Education to some extent and presently Television Continental (TVC) headquarters owned by him is located on the location”.

“Tinubu’s tax company (ALPHABET) is paid N3 Billion monthly as consultancy fee from Lagos State coffers from the almost N30 billion Internationally Generated Revenue (IGR) through his company-Alpha Beta Limited”
The group alleged that the corrupt acts of Tinubu and Fashola had deprived Lagos tax payers billions” quoted the petitioners


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