The details of 20 houses that Bola Tinubu bought in London when he was governor of Lagos have been revealed It has been discovered that ...
The details of 20 houses that Bola Tinubu bought in London when he was governor of Lagos have been revealed
It has been discovered that Bola Tinubu, the president-elect of Nigeria, accumulated a large chunk of his money in England. Six parties to the court are currently suing Tinubu, seeking the court to prevent him from being sworn in.
Some tiny residences in London have come to light, and it has been shown that he alone, up to 20 houses, or even those close to him, are the owners.
The mansions were bought when Bola Tinubu was the governor of Lagos State, it was also learned.
President Muhammadu Buhari will be succeeded by Tinubu, who will take office on May 29, 2023. People who disagree with him believe that Tinubu's election was really a ruse.
It is also believed that Tinubu, who has risen to be the boss of many politicians in the South West, particularly their governors who have tied their bottoms to gain power, was instrumental in Buhari's success in the 2015 and 2019 presidential elections.
The majority of persons he has recruited to serve as governors are his son and previous directors of Tinubu's business.
Oluwaseyi Tinubu, the son of Bola Tinubu, is the owner of one share of Aranda Overseas C, according to a report in the Bloomberg newspaper on Tuesday.
The house was being purchased at the same time that Nigeria was preparing to seize control of a sizable London home owned by a tiny oil dealer who was being investigated for fraud and corruption in both Nigeria and Britain.
This publication was notified of all the previously hidden but newly discovered information by OCCRP, a news organization with whom Jakadiya has an agreement to share sensitive information.
Approximately 20 residences in London that are connected to Tinubu have also been found by OCCRP.
Kafar emphasized that between May 1999 and May 2007, when Tinubu was the governor of Lagos State, the homes were purchased.
Yada Labaran, the spokesperson for Tinubu, did not return our correspondent's calls seeking comment from Tinubu.
Investigating the source of the funds used to purchase the homes is necessary, says TI
Transparency International of the United Kingdom stated that if there are any indications that the homes were purchased with "stolen money, then the money should be investigated." The same is true for Steve Goodrich, TI's head of research.
"But this was done only with the intention of hiding a scandal because it will be difficult to raise the money to buy small houses in London." He spoke.
The following is a timeline of Tinubu's criminal activities: 1. In 1993, the American government coerced him into pledging $460,000 as the proceeds of a drug trade so that they could arrest him and bring the drugs into the nation.
He was given a sentence in 1993 by the Illinois United States District Court.
2. Abeeb Holdings Limited, a Tinubu-owned business with international headquarters and Gibraltar registration, purchased Flat 9 on New Cavendish Road in London in 1993.
By identifying the company's owner in accordance with the newly enacted Foreign Companies Disclosure Act, the British authorities were able to determine who owned the residence.
3. Next to the home that Bola Tinubu purchased in 1993, his son's Aranda Overseas Corporation purchased property number 10A in 2011.
The sale documentation for the home was signed by Oladipo Eludoyin, a close friend and Director of Aranda Overseas Corporation.
4. Eludoyin is the owner of 17 homes that were purchased with monies provided by three British Virgin Islands firms, according to information from OCCRP. In London, 17 homes were purchased.
5. Eludoyin purchased homes between 2004 and 2007 while Tinubu was the governor of Lagos State.
Both the current Governor Sanwo-Olu and Babatunde Fashola, who took over as governor after Tinubu arrived in Lagos, were originally employed at Aranda Resou Limited.
There are still 26 days till Sanwo-Olu is sworn in as governor of Lagos since he hasn't resigned from his directorship at Tinubu's Aranda Resources Limited.
Adegboyega Oyetola, a former governor of Osun, was once a director at Aranda Overseas Corporation.
When Tinubu's family acquired Aranda Overseas Corporation is unknown. However, Tinubu's son was 14 years old when the business received a British Virgin Islands license in 1999, the same year he was accepted to England's Milton Abbey High School.
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