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Why Lagos State Nigeria’s Debt Profile Is Huge – Bola Tinubu’ Fraud & Massive Lo - Politics - Nairaland

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Why Lagos State Nigeria’s Debt Profile Is Huge – Bola Tinubu’ Fraud & Massive Lo by Alexyem(m): 10:11pm On Aug 24, 2013
The biggest corruption and fraud in Nigeria since Independence. This is the reason Lagos’s debt is bigger than the whole of S/west, S/East, N/East and N/Central states together.
The massive looting of Lagos state by the Leader of the Action Congressof Nigeria, Asiwaju Bola Tinubu has reached monumental proportion. Tinubu whose companies recently cornered a multi billion road construction job in Ogun State, has in his pocket all the juicy contract in all the Action Congress’ states.
In retrospect, it might be difficult to come to terms with the fact that an individual could hold the entire south west to ransom. There is no doubt that Tinubu has succeeded in buying the Lagos State government,and he has done this using government funds.
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Whenever someone in Lagos begins to wonder where their 4th mainland bridge went, or what was the fate of the pipe-borne water project, or even where the schools and hospitals had vanished to, thereis a silence that contains it all. The largest landlord in Lagos has done as he has pleased, and the rest of the state just has to deal with it. For instance: Number 4, Oyinkan Abayomi (formerly Queens) Drive, Ikoyi: A 5-bedroom detached house on one acre of land which was originally the Lagos State Governor’sguest house since 1979, but which now belongs to Tinubu. The certificate of occupancy of the property valued at N450 million was signed and released to him by Fashola in 2007 shortly after he assumed office.
Tinubu’s residence at 26 Bourdillon Road, Ikoyi was initially falsely presented as Oando Plc Guest House.Later, he purportedly bought it fromOando, and used public funds to rebuild and renovate it. The Lagos State Government bought the property and paid an undisclosed sum to him and thereafter gave the property back to him under the bogus Pension Bill he signed to law shortly before he left office in 2007. The property is worth over N600 million.
The annex of the Lagos State Guest House in Asokoro, Abuja was boughtby the State Government in 2006 forN450 million, purportedly to protectthe main house from security breach. Shortly after Tinubu left office, the property was transferred to him under the pension plan he signed into law before leaving office. Check the source for details

http://naijagists.com/why-lagos-state-nigerias-debt-profile-is-huge-bola-remi-tinubu-fraud-massive-looting-exposed/

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Re: Why Lagos State Nigeria’s Debt Profile Is Huge – Bola Tinubu’ Fraud & Massive Lo by richmans(m): 10:34pm On Aug 24, 2013
Front page pls
Re: Why Lagos State Nigeria’s Debt Profile Is Huge – Bola Tinubu’ Fraud & Massive Lo by DrexelMars(f): 10:43pm On Aug 24, 2013
Is your father from south west? Only Ibos hate Tinubu and Fashola.

Tinubu has done what Ojukwu couldn't do even in his grave.
Re: Why Lagos State Nigeria’s Debt Profile Is Huge – Bola Tinubu’ Fraud & Massive Lo by Nobody: 10:53pm On Aug 24, 2013
If indeed you know all these about Tinubu, Nairaland is not the place to come and spew trash! Package all these allegations and go book an appointment with EFCC....they will sure welcome you with open arms

It seems to me some of you are just plain silly....knowing the right thing to do but failing to do same only to resort to propaganda

If u don't know that Tinubu has a hand in Oando a multi billion dollar oil and gas company a company run by his cousin Wale Tinubu that even get contracts from the Federal govt thereby questioning the source of his wealth...something even your almighty federal govt can not do despite its access to financial and intelligence report on every High networth individual and politically exposed persons in this country including Tinubu

Keep deluding yourself....while GEJ who is your president knows the truth about him and his wealth

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Re: Why Lagos State Nigeria’s Debt Profile Is Huge – Bola Tinubu’ Fraud & Massive Lo by Nobody: 11:13pm On Aug 24, 2013
REHOZIBAH: If indeed you know all these about Tinubu, Nairaland is not the place to come and spew trash! Package all these allegations and go book an appointment with EFCC....they will sure welcome you with open arms

It seems to me some of you are just plain silly....knowing the right thing to do but failing to do same only to resort to propaganda

If u don't know that Tinubu has a hand in Oando a multi billion dollar oil and gas company a company run by his cousin Wale Tinubu that even get contracts from the Federal govt thereby questioning the source of his wealth...something even your almighty federal govt can not do despite its access to financial and intelligence report on every High networth individual and politically exposed persons in this country including Tinubu

Keep deluding yourself....while GEJ who is your president knows the truth about him and his wealth
God bless you, Btw who is going to ask Gej why he is incurred huge debts depite favorable oil price and he only has refurbished projects to show for it.

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