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How Bola Tinubu Used Oyetola, Others As Fronts For Alpha Beta - Sahara Reporters - Politics - Nairaland

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How Bola Tinubu Used Oyetola, Others As Fronts For Alpha Beta - Sahara Reporters by Nobody: 2:31pm On Oct 08, 2020
How Bola Tinubu Used Osun Governor, Oyetola, Others As Fronts For Alpha Beta

The immediate past Managing Director/Chief Executive Officer of Alpha Beta Consultants, Mr Dapo Apara, has revealed how former Lagos State governor and national leader of the All Progressives Congress, Bola Ahmed Tinubu, used Osun State governor, Adegboyega Oyetola, as front for the establishment of the firm.

Alpha Beta Consulting was awarded a contract by the Lagos State Government when Tinubu was governor of the state after a recommendation by a committee comprising the then Attorney-General of Lagos State, Prof Yemi Osinbajo (now the Vice President of Nigeria); Mr Wale Edun, then Commissioner for Finance; and a former Commissioner for Economic Planning and Budget, Yemi Cardoso.

The firm was subsequently given exclusive rights to collect taxes on behalf of the Lagos State Government and was believed to receive about 10 per cent commission from the revenue it collected for the state.

However, pro-transparency groups and opposition politicians have constantly alleged that Tinubu owned Alpha Beta even though his name is not on any of the company's documents.

In a statement of claim filed at the Lagos State High Court, Apara, alleged that the company had become an avenue for official corruption of government officers, a conduit pipe for massive money laundering scheme, tax evasion, among other vices.

Other fronts used by Tinubu according to the former Alpha Beta boss are Olumide Ogunmola and Tunde Badejo.


The suit has Alpha Beta, Bola Ahmed Tinubu and Akin Doherty as 1st, 2nd and 3rd defendants respectively.

“The claimant avers that sometime in 2000, he solely conceived, prepared and presented a proposal to the Lagos State Government on providing consultancy services using his fim, Infiniti Systems Enterprises, (the claimant) with respect to using computerisation to track and reconcile the Internally Generated Revenue of the State.

“The claimant avers that following the presentation of his proposal to the Lagos State Government, the 2nd defendant (Bola Ahmed Tinubu) who was at the time the governor of Lagos State demanded that 70 per cent equity interest in the project be assigned to a certain Olumide Ogunmola before he, the 2nd defendant will approve the project.

“The claimant avers that he then met the said Olumide Ogunmola (who he had never met before) and it was agreed that a limited liability company be incorporated in which the claimant will hold 30 per cent shares while Olumide Ogunmola and his partners will hold 70 per cent of the shares of the company.

“The claimant avers that following the agreement alluded to above; Alpha Beta Consulting Limited was incorporated in 2002 with the following shareholding ratio: Dapo Apara - 30 per cent, Olumide Ogunmola - 40 per cent, Adegboyega Oyetola - 30 per cent.

“The claimant avers that upon the commencement of business operations, the 2nd defendant (Bola Ahmed Tinubu) directed that the 30 per cent shareholding of Adegboyega Oyetola be transferred to one Mr. Tunde Badejo. This was done.

“The claimant avers that after the incorporation of Alpha Beta Consulting Ltd in 2002 and structured according to the dictates of the 2nd defendant (Bola Ahmed Tinubu), the 2nd defendant in his official capacity as the governor of Lagos State then approved that Alpha Beta Consulting Ltd be awarded consultancy contract for the assessment and collection on behalf of the Lagos State Government all taxes and Internally Generated Revenue due and payable to the state at a 10 per cent consultancy fee (subject to a benchmark which varies from time to time).”

http://saharareporters.com/2020/10/08/revealed-how-bola-tinubu-used-osun-governor-oyetola-others-fronts-alpha-beta

10 Likes 6 Shares

Re: How Bola Tinubu Used Oyetola, Others As Fronts For Alpha Beta - Sahara Reporters by SmartProf(m): 2:39pm On Oct 08, 2020
For reasons best known to Nigerians, we project only people with questionable corruption records to lead us. I hope it's not a curse.

312 Likes 22 Shares

Re: How Bola Tinubu Used Oyetola, Others As Fronts For Alpha Beta - Sahara Reporters by XXLMANDIGO: 2:42pm On Oct 08, 2020
Good news . Oyetola is getting no 2nd term.

Ladies and Gentlemen, the dymstification of Tinubu Political Empire.

He is a big looter. No Ideology whatsoever

275 Likes 14 Shares

Re: How Bola Tinubu Used Oyetola, Others As Fronts For Alpha Beta - Sahara Reporters by Anazp: 2:44pm On Oct 08, 2020
,

2 Likes 2 Shares

Re: How Bola Tinubu Used Oyetola, Others As Fronts For Alpha Beta - Sahara Reporters by Nobody: 2:46pm On Oct 08, 2020
SmartProf:
For reasons best known to Nigerians, we project only people with questionable corruption records to lead us. I hope it's not a curse.
Nigerians love to support criminals and they wonder why the country is a failed state that is unable to provide basic amenities for it's citizens.

210 Likes 6 Shares

Re: How Bola Tinubu Used Oyetola, Others As Fronts For Alpha Beta - Sahara Reporters by Rhapsodia: 2:46pm On Oct 08, 2020
Okay cheesy

This must be the self acclaimed leader of the democrats grin

4 Likes

Re: How Bola Tinubu Used Oyetola, Others As Fronts For Alpha Beta - Sahara Reporters by Nobody: 2:48pm On Oct 08, 2020
Rhapsodia:
Okay cheesy
Lets see how this play out. He has his stooge in power in Lagos, who will refuse to turn over documents to the court relating to Alpha Beta.

57 Likes

Re: How Bola Tinubu Used Oyetola, Others As Fronts For Alpha Beta - Sahara Reporters by Nobody: 2:55pm On Oct 08, 2020
Dapo Apara was told he controls the courts. I expect to see him obtain a perpetual injunction from investigation, like Peter Odili did in Rivers State.

53 Likes 7 Shares

Re: How Bola Tinubu Used Oyetola, Others As Fronts For Alpha Beta - Sahara Reporters by Nobody: 3:17pm On Oct 08, 2020
XXLMANDIGO:
E
Space booker...I see you.

2 Likes 1 Share

Re: How Bola Tinubu Used Oyetola, Others As Fronts For Alpha Beta - Sahara Reporters by Racoon(m): 3:24pm On Oct 08, 2020
These are the kind of taxslave masters that Bola Tinubu is appointing that his worshippers here are calling excellent administrators e.g. Aregbejegbese, Oyetola

105 Likes 4 Shares

Re: How Bola Tinubu Used Oyetola, Others As Fronts For Alpha Beta - Sahara Reporters by spy24(m): 3:25pm On Oct 08, 2020
This man should forget anything that has to do with election come 2023

Federal politics is not a one man show . Since the man ventured into Federal politics he has not remain the same

Even the Lagos wey e take dey brag if care is not taken would be taken away from him

If them never get your time for this country you will look invincible until you match line

257 Likes 17 Shares

Re: How Bola Tinubu Used Oyetola, Others As Fronts For Alpha Beta - Sahara Reporters by Nobody: 3:27pm On Oct 08, 2020
Racoon:
These are the kind of taxslave master Tinubu is appointing as that his worshippers here are calling excellent administrators.See Aregbejegbese,
This are the people helinues and NGpatriot will tell you are the best thing to happen since Agege bread.

134 Likes 7 Shares

Re: How Bola Tinubu Used Oyetola, Others As Fronts For Alpha Beta - Sahara Reporters by Nobody: 3:29pm On Oct 08, 2020
spy24:
This man should forget anything that has to do with election come 2023

Federal politics is not a one man show . Since the man ventured into Federal politics he has not remain the same

Even the Lagos wey e take dey brag if care is not taken would be taken away from him

If them never get your time for this country you will look invincible until you match line

He became too reckless and was feeling invincible.

175 Likes 12 Shares

Re: How Bola Tinubu Used Oyetola, Others As Fronts For Alpha Beta - Sahara Reporters by Jostoman: 4:03pm On Oct 08, 2020
Audio order

2 Likes 4 Shares

Re: How Bola Tinubu Used Oyetola, Others As Fronts For Alpha Beta - Sahara Reporters by DozieMartin: 4:34pm On Oct 08, 2020
Billions while I don't have money to eat.

72 Likes 3 Shares

Re: How Bola Tinubu Used Oyetola, Others As Fronts For Alpha Beta - Sahara Reporters by EsomahJD: 4:42pm On Oct 08, 2020
Unbelievable shocked

8 Likes

Re: How Bola Tinubu Used Oyetola, Others As Fronts For Alpha Beta - Sahara Reporters by slivertongue: 4:58pm On Oct 08, 2020
no bullion van politician will escape judgement

71 Likes 5 Shares

Re: How Bola Tinubu Used Oyetola, Others As Fronts For Alpha Beta - Sahara Reporters by Slawormir: 6:16pm On Oct 08, 2020
Damnnn niggarrr
Isoright ....Tinubu
Imagine person way want become president...
Before 2023....Tinubu wings is going to be clipped totally


na like this he be want help oshiomhole open same office for Edo state make them scoop and drill Edo resources

Na im we Edolite give them upper cut...

Lagosian should liberate themselves from zombeism

158 Likes 12 Shares

Re: How Bola Tinubu Used Oyetola, Others As Fronts For Alpha Beta - Sahara Reporters by Omoslim26: 6:16pm On Oct 08, 2020
kk

abeg make una leave lord of the bullion van

6 Likes 1 Share

Re: How Bola Tinubu Used Oyetola, Others As Fronts For Alpha Beta - Sahara Reporters by Nelly4you: 6:17pm On Oct 08, 2020
interesting

1 Like

Re: How Bola Tinubu Used Oyetola, Others As Fronts For Alpha Beta - Sahara Reporters by NgwalandAbia(m): 6:18pm On Oct 08, 2020
The foolish poor slaves will be defending here, they all are now claiming Lagos till we turn them to house boys.

42 Likes

Re: How Bola Tinubu Used Oyetola, Others As Fronts For Alpha Beta - Sahara Reporters by HeadShot: 6:18pm On Oct 08, 2020
The drug baron has finish lagos state

How one man can pocket a whole tribe is beyond me... It might be juju

87 Likes 3 Shares

Re: How Bola Tinubu Used Oyetola, Others As Fronts For Alpha Beta - Sahara Reporters by GeneralPula: 6:18pm On Oct 08, 2020
Atiku & others watching..

26 Likes 1 Share

Re: How Bola Tinubu Used Oyetola, Others As Fronts For Alpha Beta - Sahara Reporters by cana882(m): 6:18pm On Oct 08, 2020
You came with an idea (idea without capital = poverty), someone financed the project and today you are wealthy and renowned enough to drag him down.

He stole 10% of the state tax which is criminal but he ensured the 90% remainder is put to good use and that is why Lagos keeps developing everyday. SS and SE governors that don’t steal 10% of the state tax, we don’t see any development cause they steal 90% of the income not even tax.

N/B: I’m from SS but let’s say the truth: Tinubu has helped his people and I wish we had someone like him in SS.

25 Likes 9 Shares

Re: How Bola Tinubu Used Oyetola, Others As Fronts For Alpha Beta - Sahara Reporters by Lexusgs430: 6:19pm On Oct 08, 2020
His cup is looking full.....For the very greedy old fool......


They would throw all at him to ensure he does not contest in 2023.............

22 Likes

Re: How Bola Tinubu Used Oyetola, Others As Fronts For Alpha Beta - Sahara Reporters by sotall(m): 6:19pm On Oct 08, 2020
Ns wa
Re: How Bola Tinubu Used Oyetola, Others As Fronts For Alpha Beta - Sahara Reporters by TechyMm0: 6:19pm On Oct 08, 2020
Lol


This one go wail him go tire
Re: How Bola Tinubu Used Oyetola, Others As Fronts For Alpha Beta - Sahara Reporters by Elvinci101: 6:19pm On Oct 08, 2020
Tinubu will end up in the history books of Nigeria as the most corrupt politician that ever liveth. Even the late Abacha wasnt as corrupt as this Jagabandits.

48 Likes 2 Shares

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