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Alpha Beta:EY,KPMG,Deloitte & PWC Would Have Prevented N100BN Fraud - Politics - Nairaland

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Alpha Beta:EY,KPMG,Deloitte & PWC Would Have Prevented N100BN Fraud by Nobody: 5:13pm On Oct 12, 2020
Alpha Beta Consulting LP was given the monopoly to collect Lagos State taxes and collect a 10% commission without any open bidding in 2002. We now know why according to former Managing Director,Dapo Apara, why there was no open bidding for the contract. According to court documents filed before the Lagos High Court, Dapo Apara, alleged the former Lagos Governor,Bola Tinubu, demanded that 70 per cent equity interest in the project be assigned to a Olumide Ogunmola - 40 per cent, Adegboyega Oyetola - 30 per cent the current governor of Osun state.

Prior to the contract award, Alpha Beta Consulting LP had no prior experience in collecting taxes on behalf of any any state government and was incorporated in the year 2002, when it received the exclusive contract to collect Lagos state taxes.

If an open and competitive bidding process was done, the contract would likely have been won by EY,KPMG,Deloitte or PWC for a much smaller commission in the range of 1%-3%.

Alternatively, the Lagos state government could have poached the Tax Partners and Senior Tax Manager's in one of the big 4 accounting firms:KPMG,EY,PWC or Deloitte into the Lagos State Internal Revenue Service(LIRS) and made them in charge of leading the increase in internal generated revenue at a much cheaper cost.

Re: Alpha Beta:EY,KPMG,Deloitte & PWC Would Have Prevented N100BN Fraud by BlackfireX: 5:27pm On Oct 12, 2020
Tinubu and his gang of thieves...

3 Likes 1 Share

Re: Alpha Beta:EY,KPMG,Deloitte & PWC Would Have Prevented N100BN Fraud by Nobody: 5:29pm On Oct 12, 2020
BlackfireX:
Tinubu and his gang of thieves...
cry

Re: Alpha Beta:EY,KPMG,Deloitte & PWC Would Have Prevented N100BN Fraud by Nobody: 6:00pm On Oct 12, 2020
As a Chartered Accountant he should have known better. That he will not be able to cover his tracks forever.
Re: Alpha Beta:EY,KPMG,Deloitte & PWC Would Have Prevented N100BN Fraud by Nobody: 6:49pm On Oct 12, 2020
helinues,NGpatriot,LegendHero,Rossinky,,leokid866
Re: Alpha Beta:EY,KPMG,Deloitte & PWC Would Have Prevented N100BN Fraud by tollyboy5(m): 7:01pm On Oct 12, 2020
grin my problem is why would a private firm collect tax for a very rich state like Lagos, when the state could do that themselves if not for greediness.
Now alpha criminal has made Lagos generate much less than expected by the real lagosians not the tinubuist immigrant.
The corruption in Lagos state is at its peak and no one is ready to do anything about it because those that should be responsible for disciplinary action are busy ass licking Mr tinubu.
My grandfather of blessed memory was a staunch supporter of tinubu. They get up to a million whenever APC is about contesting . I just look at my grampa like "na Una generation destroy this country "
How would a sitting governor decide the interest rate of a private company for a state he governs. Meanwhile his family members are share holders in the company.
Any kabiesi in Lagos today from epe/Lagos island/ ikorodu/ badagry division that don't see this as a big problem to the general growth of the state is a disgrace to us.
Tinubu must return all what he looted.
Just go down to epe and see aiye toro market , mojoda market and many inter road crying for attention. Go to badagry , they've turned that place to village. A place that should be tourist center for black Americans who want to know their root.
EFCC should do their job immediately.

3 Likes

Re: Alpha Beta:EY,KPMG,Deloitte & PWC Would Have Prevented N100BN Fraud by Nobody: 7:04pm On Oct 12, 2020
tollyboy5:
grin
All that was required was to recruit staff from the big 4 Accounting firms and integrate them into Lagos Internal Revenue Service(LIRS), as a Chartered Accountant he knew that.

Instead he went to recruit a private firm at 10% commission, which is unheard of anywhere in the world to collect taxes on behalf of the state.
Re: Alpha Beta:EY,KPMG,Deloitte & PWC Would Have Prevented N100BN Fraud by Nobody: 7:23pm On Oct 12, 2020
Fela Kuti saw it.

1 Like

Re: Alpha Beta:EY,KPMG,Deloitte & PWC Would Have Prevented N100BN Fraud by tollyboy5(m): 7:25pm On Oct 12, 2020
RuudVanNisteroy:

All that was required was to recruit staff from the big 4 Accounting firms and integrate them into Lagos Internal Revenue Service(LIRS), as a Chartered Accountant he knew that.

Instead he went to recruit a private firm at 10% commission, which is unheard of anywhere in the world to collect taxes on behalf of the state.
Those people you mentioned are enemies of Lagos state. Even my APC brothers are not happy with tinubu leadership style.
Lagos island protested tinubu should stop appointing local government chairmen for them. I'm not against anyone taking any position in Lagos but this one greediness is second to none.
Shame on his foolishness.
What so ever has beginning would also have end.

2 Likes

Re: Alpha Beta:EY,KPMG,Deloitte & PWC Would Have Prevented N100BN Fraud by Nobody: 7:30pm On Oct 12, 2020
tollyboy5:

Those people you mentioned are enemies of Lagos state. Even my APC brothers are not happy with tinubu leadership style.
Lagos island protested tinubu should stop appointing local government chairmen for them. I'm not against anyone taking any position in Lagos but this one greediness is second to none.
Shame on his foolishness.
What so ever has beginning would also have end.

It shows signs of mental illness having this level of greed, after giving yourself a multi-billion naira life pension.

2 Likes

Re: Alpha Beta:EY,KPMG,Deloitte & PWC Would Have Prevented N100BN Fraud by helinues: 7:33pm On Oct 12, 2020
RuudVanNisteroy:
helinues,NGpatriot,LegendHero,Rossinky,,leokid866

Don't start this your yanma yanma again

You could make your thread in peace without seeking our authentications all the time...

Stop trolling all in the name of mentioning

3 Likes

Re: Alpha Beta:EY,KPMG,Deloitte & PWC Would Have Prevented N100BN Fraud by Nobody: 7:35pm On Oct 12, 2020
helinues:


Don't start this your yanma yanma again

You could make your thread in peace without seeking our authentications all the time...

Stop trolling all in the name of mentioning
You are free to respond or ignore. Stop wailing like a kid.
Re: Alpha Beta:EY,KPMG,Deloitte & PWC Would Have Prevented N100BN Fraud by IGBOSON1: 7:36pm On Oct 12, 2020
Ruud van Nistelroy, you’ve really got it in for this man haven’t you? smiley
Re: Alpha Beta:EY,KPMG,Deloitte & PWC Would Have Prevented N100BN Fraud by Nobody: 7:40pm On Oct 12, 2020
IGBOSON1:
Ruud van Nistelroy, you’ve really got it in for this man haven’t you? smiley
Former Managing Director of Alpha Beta, Dapo Apara does.
Re: Alpha Beta:EY,KPMG,Deloitte & PWC Would Have Prevented N100BN Fraud by rontolo(m): 7:46pm On Oct 12, 2020
RuudVanNisteroy:


It shows signs of mental illness having this level of greed, after giving yourself a multi-billion naira life pension.
They don’t steal have enough to sustain themselves. Most will already have enough for two lifetimes even before they come to power

They steal to build and sustain influence and power indefinitely. To run for office in future, to sponsor politicians, to influence leaders etc. They steal to sustain as much of the power they will surrender at end of term. That’s what makes the scale of their corruption unforgivable

4 Likes 1 Share

Re: Alpha Beta:EY,KPMG,Deloitte & PWC Would Have Prevented N100BN Fraud by IamWonderful: 7:50pm On Oct 12, 2020
There is a saying a thunder normally shout enter the ground and die, so like thunder like wailers and those lamenting
Re: Alpha Beta:EY,KPMG,Deloitte & PWC Would Have Prevented N100BN Fraud by leokid866: 8:01pm On Oct 12, 2020
Please show us proof to back up the claims you made here especially about the equity sharing or keep quiet....
Re: Alpha Beta:EY,KPMG,Deloitte & PWC Would Have Prevented N100BN Fraud by Nobody: 8:02pm On Oct 12, 2020
rontolo:

They don’t steal have enough to sustain themselves. Most will already have enough for two lifetimes even before they come to power

They steal to build and sustain influence and power indefinitely. To run for office in future, to sponsor politicians, to influence leaders etc. They steal to sustain as much of the power they will surrender at end of term. That’s what makes the scale of their corruption unforgivable

This type of corruption is truly unforgiveable. He gave himself the best life pension even former Presidents of USA and Prime Minister's of Canada don't enjoy.

Lagos state provides him
:
-6 new cars of his choice every 3 years
-Healthcare for himself and his family in any country of his choice
-House in Lagos and Abuja in any area of his choice
-Security
-Domestic staff
-Generous pension

He acquired the stupendous wealth to became a godfather and be to one to appoint on Local Goverment Chairman,House of Assembly members,Senators,House of Representatives members at the expense of Lagosians welfare.

Re: Alpha Beta:EY,KPMG,Deloitte & PWC Would Have Prevented N100BN Fraud by Nobody: 8:03pm On Oct 12, 2020
leokid866:
Please show us proof to back up the claims you made here especially about the equity sharing or keep quiet....

Dapo Apara former Managing Director of Alpha Beta has signed a sworn affidavit in Lagos High Court.

Re: Alpha Beta:EY,KPMG,Deloitte & PWC Would Have Prevented N100BN Fraud by leokid866: 8:03pm On Oct 12, 2020
It's like if you don't mention Tinubu in a day your John Thomas does not work.....share continue....is allowed.

1 Like

Re: Alpha Beta:EY,KPMG,Deloitte & PWC Would Have Prevented N100BN Fraud by Nobody: 8:07pm On Oct 12, 2020
leokid866:
[s]It's like if you don't mention Tinubu in a day your John Thomas does not work.....share continue....is allowed.[/s]
Thrash...if you like don't asslick Tinubu in a day.
Re: Alpha Beta:EY,KPMG,Deloitte & PWC Would Have Prevented N100BN Fraud by leokid866: 8:07pm On Oct 12, 2020
RuudVanNisteroy:

Former Managing Director of Alpha Beta, Dapo Apara does.
Lol....someone that was let go for financial misconduct.....if it is sure for him and there are no political actors behind let him come out and tell us how it is he served as the head of a company with no experience for tax collecting and stayed there for so long before he was fired....because all this one is just story story.
Re: Alpha Beta:EY,KPMG,Deloitte & PWC Would Have Prevented N100BN Fraud by Nobody: 8:08pm On Oct 12, 2020
leokid866:

Lol....someone that was let go for financial misconduct.....if it is sure for him and there are no political actors behind let him come out and tell us how it is he served as the head of a company with no experience for tax collecting and stayed there for so long before he was fired....because all this one is just story story.
Dapo Apara and Tinubu will both share a jail cell together when they are found culpable.
Re: Alpha Beta:EY,KPMG,Deloitte & PWC Would Have Prevented N100BN Fraud by leokid866: 8:10pm On Oct 12, 2020
RuudVanNisteroy:


Dapo Apara former Managing Director of Alpha Beta has signed a sworn affidavit in Lagos High Court.
Sworn affidavit is now proof abI? a man once took God to court saying he is responsible for all the world's problems guess his Sworn affidavit proves he is right too.
Re: Alpha Beta:EY,KPMG,Deloitte & PWC Would Have Prevented N100BN Fraud by Nobody: 8:11pm On Oct 12, 2020
leokid866:

Sworn affidavit is now proof abI? a man once took God to court saying he is responsible for all the world's problems guess his Sworn affidavit proves he is right too.
He presented evidence of 16 bank transfers as proof of money laundering and Alpha Beta didn't pay tax.

Re: Alpha Beta:EY,KPMG,Deloitte & PWC Would Have Prevented N100BN Fraud by leokid866: 8:11pm On Oct 12, 2020
RuudVanNisteroy:

Dapo Apara and Tinubu will both share a jail cell together when they are found culpable.
Lol....you see where your sense is now right?
Re: Alpha Beta:EY,KPMG,Deloitte & PWC Would Have Prevented N100BN Fraud by leokid866: 8:11pm On Oct 12, 2020
RuudVanNisteroy:

He presented evidence as well as 16 bank transfers.
All right let's wait and see....
Re: Alpha Beta:EY,KPMG,Deloitte & PWC Would Have Prevented N100BN Fraud by leokid866: 8:13pm On Oct 12, 2020
RuudVanNisteroy:

Thrash...if you like don't asslick Tinubu in a day.
I'm not an Apc member or political in any way.but I just can't sit and watch you attack our elders everyday because your parents didn't give you home training.
Re: Alpha Beta:EY,KPMG,Deloitte & PWC Would Have Prevented N100BN Fraud by Nobody: 8:14pm On Oct 12, 2020
leokid866:

All right let's wait and see....
We need the USA justice system to catch him again like they did in 1993. His whole life revolves around court cases for :certificate forgery,heroin trafficking,money laundering,tax evasion and false declaration of assets.

Re: Alpha Beta:EY,KPMG,Deloitte & PWC Would Have Prevented N100BN Fraud by helinues: 8:17pm On Oct 12, 2020
RuudVanNisteroy:

You are free to respond or ignore. Stop wailing like a kid.

You are the one wailing and trolling cos almost everyone you mentioned have Warned you to stop but you no gree hear words
Re: Alpha Beta:EY,KPMG,Deloitte & PWC Would Have Prevented N100BN Fraud by leokid866: 8:18pm On Oct 12, 2020
RuudVanNisteroy:

He presented evidence of 16 bank transfers as proof of money laundering and Alpha Beta didn't pay tax.
Also did you look at the picture you posted? It's from a case of different people having issues in their company and has nothing to do with Alpha-beta.

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