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How Tinubu Diverted N22.4bn, $4.4m From Alpha Beta - Sahara Reporters - Politics - Nairaland

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More Revelation: How Tinubu Diverted N22.4bn and $4.4m From Alpha Beta / How Bola Tinubu Used Oyetola, Others As Fronts For Alpha Beta - Sahara Reporters / Army Places Hakeem Otiki Under House Arrest Over N400m Escort Soldiers Diverted (2) (3) (4)

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How Tinubu Diverted N22.4bn, $4.4m From Alpha Beta - Sahara Reporters by ikorodureporta: 2:22pm On Oct 09
EXPOSED: How Tinubu Diverted N22.4bn, $4.4m From Alpha Beta To Vintage Press, Oando, Purchased Shares In Wema, Starcomms, HITV, Others

Aformer Managing Director of Alpha Beta Consulting, Oladapo Apara, has alleged that former Lagos State governor and national leader of the All Progressives Congress, Bola Ahmed Tinubu, ‘suspiciously’ diverted N22,360,000,000 and $4,396,063 from the firm’s account to that of Vintage Press Ltd, publisher of The Nation Newspaper.

In writ of summons marked LD/7330GCMW/2020 deposed at a Lagos high court, Apara, who claims to own 30 per cent stake in the company, alleged that the former governor reneged on certain agreements reached in the past about the management and control of the consulting firm.

SaharaReporters had earlier revealed how Tinubu used Osun State governor, Adegboyega Oyetola, as front for the establishment of the firm.

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

In his statement of claim, Apara said during a review of the company’s account, he discovered that huge sums of money earned by the company over the years were not reflected in its account.

“The claimant avers that despite the huge income made by the 1st defendant since 2010 to the present, Tunde Badejo and Akin Doherty acting under the direction of the 2nd defendant (Bola Ahmed Tinubu) breached Clause 8 of the partnership agreement and denied the claimant his share of the profit from the partnership as provided in the agreement.

“The claimant avers that Messrs Tunde Badejo, Michael Olunride Ogunmola and Akin Doherty have colluded and conspired to run the affairs of the business in a manner designed to bankrupt the 1st defendant through suspicious monetary transfers to 3rd parties running into billions of naira contrary to the partnership agreement.

“The claimant avers that some of the suspicious transfers to 3rd parties amongst many others unknown to the claimant are as follows: N500,000,000 payment to SW8 Investment Ltd payment instruction dated the 30/12/13

“$2,989,963.33 USD payment to Summit Integrated Services Ltd dated the 18/3/15. $1,407,000 USD payment to Summit Integrated Services dated the 18/3/15. N25m payment to Haliziew International dated the 18/3/15.

“N39m payment to Halizview International dated the 3/3/15. N38m payment o Halizview International dated the 6/3/15. N550m payment to Ocean Trust Ltd dated the 15/5/18.

“N850m payment to Ocean Trust Ltd dated the 14/3/15. N1bn in Afkar Printing Press together with Vintage Press Ltd (publisher of the The Nation) and Lagoon Press Ltd October 2017. N1bn Ocean and Oil Investments Ltd (Oando) various times.

“N3.5m Oceanic Bank(Now Ecobank) various times. N100m.Ibile Holding Land (Plot 16/17 Block VI Oniru Estate. N500m Starcomms (Aranda Resources) 100,000,000 shares.

“N1.4bn Sterling Asset Management. N960m HITV 300,000,000 shares and N11.9bn SW8 (Wema Bank) 30,909,000 shares.”

Source: http://saharareporters.com/2020/10/09/exposed-how-tinubu-diverted-n224bn-44m-alpha-beta-vintage-press-oando-purchased-shares

12 Likes 4 Shares

Re: How Tinubu Diverted N22.4bn, $4.4m From Alpha Beta - Sahara Reporters by ikorodureporta: 2:24pm On Oct 09
SR don see food smiley

48 Likes 1 Share

Re: How Tinubu Diverted N22.4bn, $4.4m From Alpha Beta - Sahara Reporters by tollyboy5(m): 2:24pm On Oct 09
ikorodureporta:
SR don see food smiley

grin na season film. Eni duro wo tan.
I've been telling people Mr tinubu is diverting Lagos money for personal use. Lagosians are too advance for the project some villagers are applauding tinubus appointees for angry

136 Likes 6 Shares

Re: How Tinubu Diverted N22.4bn, $4.4m From Alpha Beta - Sahara Reporters by SmartProf(m): 2:27pm On Oct 09
Saharareporters should also tell us how he has diverted the brains and judgement of his supporters cos left for them let him continue with being in charge of anything he wishes to, just as he pleases. The average black man is foolishly loyal even at his/her detriment.

130 Likes 9 Shares

Re: How Tinubu Diverted N22.4bn, $4.4m From Alpha Beta - Sahara Reporters by ikorodureporta: 2:28pm On Oct 09
@ least, people dey benefit from him corruption, considering the number of his employees... unlike those ones wey keep our money abroad

12 Likes 6 Shares

Re: How Tinubu Diverted N22.4bn, $4.4m From Alpha Beta - Sahara Reporters by SmartProf(m): 2:31pm On Oct 09
ikorodureporta:
@ least, people dey benefit from him corruption, considering the number of his employees... unlike those one wey keep our money abroad
This slave mentality is very wrong. Except you are corrupt or brainless, you should see reasons why society should liberate itself from the hands of those who are greedy. How do you hail someone whose wealth is questionable and whose riches you will never enjoy from?

227 Likes 15 Shares

Re: How Tinubu Diverted N22.4bn, $4.4m From Alpha Beta - Sahara Reporters by ascek(m): 2:33pm On Oct 09
ikorodureporta:
@ least, people dey benefit from him corruption, considering the number of his employees... unlike those one wey keep our money abroad

I am still looking for a name to call you.

149 Likes 8 Shares

Re: How Tinubu Diverted N22.4bn, $4.4m From Alpha Beta - Sahara Reporters by ikorodureporta: 2:38pm On Oct 09
SmartProf:

This mentality is very wrong. Except you are corrupt, you should see reasons why society should liberate itself from the hands of those who are greedy. How do you hail someone whose wealth is questionable and whose riches you will never enjoy from?
ascek:


I am still looking for a name to call you.

I said @least-o! grin B4 dem go roast me here

8 Likes 2 Shares

Re: How Tinubu Diverted N22.4bn, $4.4m From Alpha Beta - Sahara Reporters by helinues: 2:41pm On Oct 09
From Sahara deserted...

grin cheesy

1 Like

Re: How Tinubu Diverted N22.4bn, $4.4m From Alpha Beta - Sahara Reporters by tollyboy5(m): 2:41pm On Oct 09
ikorodureporta:
@ least, people dey benefit from him corruption, considering the number of his employees... unlike those ones wey keep our money abroad
Eim dey destroy life of the youth dey empower Lagos agbero.
Almost every Lagos student want to form sey dem get craze because that the people tinubu like. Those are the kind of people they give money. So we mobilize and act like tout and they settle during election time. cool
But this rubbish has to stop

68 Likes 4 Shares

Re: How Tinubu Diverted N22.4bn, $4.4m From Alpha Beta - Sahara Reporters by Racoon(m): 2:47pm On Oct 09
Fantastically corrupt Burdillion bullion vans man.The corruption started a long time ago.So why will Tinubu award revenue collection contract to a company he has interest in as a sitting governor against the code of conduct for public office holders since his cousin Adegboyega Oyetola was a shareholder in Alpha Beta Company even if his share was later transferred to another proxy fella?

38 Likes 1 Share

Re: How Tinubu Diverted N22.4bn, $4.4m From Alpha Beta - Sahara Reporters by EsomahJD: 2:50pm On Oct 09
Fantastically corrupt grin

27 Likes 1 Share

Re: How Tinubu Diverted N22.4bn, $4.4m From Alpha Beta - Sahara Reporters by jerseyboy: 3:01pm On Oct 09
ikorodureporta:
@ least, people dey benefit from him corruption, considering the number of his employees... unlike those ones wey keep our money abroad
“The best argument against democracy is a five-minute conversation with the average voter.” - Winston Churchill

50 Likes 5 Shares

Re: How Tinubu Diverted N22.4bn, $4.4m From Alpha Beta - Sahara Reporters by kelviborji32(m): 3:03pm On Oct 09
Nawa ooh, which way Nigeria?

5 Likes

Re: How Tinubu Diverted N22.4bn, $4.4m From Alpha Beta - Sahara Reporters by PureGoldh(m): 5:25pm On Oct 09
If I call this man a criminal.....am not wrong in any way

The only difference between him and Evans is that Evans no be politician

43 Likes 1 Share

Re: How Tinubu Diverted N22.4bn, $4.4m From Alpha Beta - Sahara Reporters by NgwalandAbia(m): 5:25pm On Oct 09
Jail the criminal or else......

16 Likes

Re: How Tinubu Diverted N22.4bn, $4.4m From Alpha Beta - Sahara Reporters by Ustec: 5:25pm On Oct 09
So Ribadu's men didn't see these until now that he is vice president?
Nigeria sha.

2 Likes 1 Share

Re: How Tinubu Diverted N22.4bn, $4.4m From Alpha Beta - Sahara Reporters by SultanOfPuna: 5:25pm On Oct 09
One thing I like about Death
If you like steal $222,222,22,222 trillion
Once you die, you die
It finishes there

In spiritual realm time does not exist
Evil politicians will feel the pain,the torment and anguish they put millions of people in while on Earth.
They will be surrounded and tormented in spiritual realm for all the evils they did on Earth. It's a feedback law of the universe,what you do to others will be done to you, if not on Earth then it must happen in afterlife.

So I'm not worried when these men steal from us.
If they could live forever long without dying then na dia I go vex.
But As long as they will DIE..
They will pass Tru eternity forever and ever in the spiritual realm suffering the pains they have caused millions of people.

12 Likes 2 Shares

Re: How Tinubu Diverted N22.4bn, $4.4m From Alpha Beta - Sahara Reporters by ZIINI: 5:25pm On Oct 09
Ólé angry

5 Likes 2 Shares

Re: How Tinubu Diverted N22.4bn, $4.4m From Alpha Beta - Sahara Reporters by ignis(f): 5:25pm On Oct 09
Bulion van at work

8 Likes 1 Share

Re: How Tinubu Diverted N22.4bn, $4.4m From Alpha Beta - Sahara Reporters by Sunnycliff(m): 5:25pm On Oct 09
Tinubus can of worms have always been consistently opened but the hypocritical anticorruption czar, buhari keeps turning a blind eye with the efcc and its cohorts.

26 Likes 3 Shares

Re: How Tinubu Diverted N22.4bn, $4.4m From Alpha Beta - Sahara Reporters by Finnese001: 5:25pm On Oct 09
THIEFNUBU

Oleeeeeeoo

Barawooooooo

13 Likes 1 Share

Re: How Tinubu Diverted N22.4bn, $4.4m From Alpha Beta - Sahara Reporters by jagaban002(m): 5:26pm On Oct 09
And some people will still vote this thiefnubu as president ,
We are the one doing ourself in this contry

37 Likes 1 Share

Re: How Tinubu Diverted N22.4bn, $4.4m From Alpha Beta - Sahara Reporters by luvkidtemmy(m): 5:26pm On Oct 09
Like For Tinubu, Share For Tax Payers Money

4 Likes 9 Shares

Re: How Tinubu Diverted N22.4bn, $4.4m From Alpha Beta - Sahara Reporters by ILoveDemMANNA: 5:26pm On Oct 09
THE same man PDP took him to ICPC when they were in power and at the end of it all they declared him not guilty on all corruption charges.
Naija for show!

16 Likes 3 Shares

Re: How Tinubu Diverted N22.4bn, $4.4m From Alpha Beta - Sahara Reporters by Lexusgs430: 5:26pm On Oct 09
FIRE ON THE MOUNTAIN ........................

#EDOISNOTLAGOS

6 Likes

Re: How Tinubu Diverted N22.4bn, $4.4m From Alpha Beta - Sahara Reporters by Sunnycliff(m): 5:26pm On Oct 09
ikorodureporta:
@ least, people dey benefit from him corruption, considering the number of his employees... unlike those ones wey keep our money abroad

So if I thief from you and use it to settle another set of people, you see it as justice right? Too much stupidity never gives an award

39 Likes 4 Shares

Re: How Tinubu Diverted N22.4bn, $4.4m From Alpha Beta - Sahara Reporters by Kaxmytex(m): 5:27pm On Oct 09
Chai... See one man embezzling public fund anyhow o...

Naija, which way..

13 Likes 1 Share

Re: How Tinubu Diverted N22.4bn, $4.4m From Alpha Beta - Sahara Reporters by Donvictor2015: 5:27pm On Oct 09
Presidential ambition crumbling gradually

12 Likes 1 Share

Re: How Tinubu Diverted N22.4bn, $4.4m From Alpha Beta - Sahara Reporters by Lexusgs430: 5:27pm On Oct 09
jagaban002:
And some people will still vote this thiefnubu as president ,
We are the one doing ourself in this contry

Coming from someone called jagaban ............... grin

16 Likes 1 Share

Re: How Tinubu Diverted N22.4bn, $4.4m From Alpha Beta - Sahara Reporters by Beverlyjean(f): 5:27pm On Oct 09
Part of the money was found in the bullion van... he is only rehearsing on how to divert public funds if he somehow finds his brown teeth at aso rock

14 Likes 1 Share

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