₦airaland Forum

The Punch in an exhaustive investigative report, detailed how Vice President Yemi Osinbajo aka Pastor RUGA, was involved in an alleged N100bn scam.

In what could be termed Linkage Scam Group, N100bn was laundered among four different companies owned by the same people. Simmons Cooper Partners is linked to Ocean Trust Limited. Ocean Trust Limited is linked to Alpha Beta Consulting Limited. Alpha Beta Consulting Limited is linked to Alpha Beta LP. The four companies were accused of being a “conduit for diversion and laundering of funds”.

Simmons Cooper Partners is linked to Osinbajo. Garba Shehu, Senior Special Assistant to General Muhammadu Buhari, said Simmons Cooper Partners was listed as a company in which Osinbajo has a stake in his assets declaration form in 2015. Dapo Apara, the erstwhile managing director of Alpha Beta, alleged that Alpha Beta owed the federal government N100bn in unpaid taxes spanning over 10 years.

Osinbajo as the then Attorney General of Lagos State and Wale Edun the then Commissioner for Finance, recommended to Bola Ahmed Tinubu the then Lagos State governor, that Alpha Beta Consulting be given the exclusive rights to collect taxes on behalf of Lagos State government with 10 per cent commission. Alpha Beta raked in N600m per month from the contract.

Pro-transparency groups and those close to Tinubu business empire confirmed that Tinubu owns Alpha Beta. In 2012, Dominic Adegbola, Lagos-based medical doctor, filed a Freedom of Information (FOI) request to Lagos State government seeking detailed information on all Alpha Beta contracts with Lagos State since 1999. Ade Ipaye, the then Lagos State Attorney General now Osinbajo’s chief of staff, turned down the request saying the FOI was a federal law that did not apply to the states.

In November 2017, a state judge ruled that the FOI was applicable to Lagos State. The judge said “The law was duly enacted by the National Assembly and did not require domestication to take effect in states.” What happened to the N100bn Alpha Beta scam? Like all other high profile corruption cases, the EFCC deleted the case from its docket.

During the Buhari-Osinbajo presidency, corruption has flourished in previously unthinkable ways, and at such a remarkable rate, that it’s almost impossible to keep tabs on it. Osinbajo has dutifully stood by General Buhari, mustering a devotional gaze rarely seen by an intellectual to an illiterate and ignorant president. What a comical mismatch!

History is replete with people who have changed the world for good as well as those who caused massive destruction for their people. They left a wake of pain behind them. They left a legacy of destruction, legacy of pain, and legacy of ruins. Osinbajo as Vice President of Federal Republic of Nigeria by his utterances, action, or inaction writes his own history and legacy.

http://saharareporters.com/2020/08/17/osinbajo-pastor-ruga-and-n100bn-alpha-beta-scam-bayo-oluwasanmi

pavoda:
The Punch in an exhaustive investigative report, detailed how Vice President Yemi Osinbajo aka Pastor RUGA, was involved in an alleged N100bn scam.

In what could be termed Linkage Scam Group, N100bn was laundered among four different companies owned by the same people. Simmons Cooper Partners is linked to Ocean Trust Limited. Ocean Trust Limited is linked to Alpha Beta Consulting Limited. Alpha Beta Consulting Limited is linked to Alpha Beta LP. The four companies were accused of being a “conduit for diversion and laundering of funds”.

Simmons Cooper Partners is linked to Osinbajo. Garba Shehu, Senior Special Assistant to General Muhammadu Buhari, said Simmons Cooper Partners was listed as a company in which Osinbajo has a stake in his assets declaration form in 2015. Dapo Apara, the erstwhile managing director of Alpha Beta, alleged that Alpha Beta owed the federal government N100bn in unpaid taxes spanning over 10 years.

Osinbajo as the then Attorney General of Lagos State and Wale Edun the then Commissioner for Finance, recommended to Bola Ahmed Tinubu the then Lagos State governor, that Alpha Beta Consulting be given the exclusive rights to collect taxes on behalf of Lagos State government with 10 per cent commission. Alpha Beta raked in N600m per month from the contract.

Pro-transparency groups and those close to Tinubu business empire confirmed that Tinubu owns Alpha Beta. In 2012, Dominic Adegbola, Lagos-based medical doctor, filed a Freedom of Information (FOI) request to Lagos State government seeking detailed information on all Alpha Beta contracts with Lagos State since 1999. Ade Ipaye, the then Lagos State Attorney General now Osinbajo’s chief of staff, turned down the request saying the FOI was a federal law that did not apply to the states.

In November 2017, a state judge ruled that the FOI was applicable to Lagos State. The judge said “The law was duly enacted by the National Assembly and did not require domestication to take effect in states.” What happened to the N100bn Alpha Beta scam? Like all other high profile corruption cases, the EFCC deleted the case from its docket.

During the Buhari-Osinbajo presidency, corruption has flourished in previously unthinkable ways, and at such a remarkable rate, that it’s almost impossible to keep tabs on it. Osinbajo has dutifully stood by General Buhari, mustering a devotional gaze rarely seen by an intellectual to an illiterate and ignorant president. What a comical mismatch!

History is replete with people who have changed the world for good as well as those who caused massive destruction for their people. They left a wake of pain behind them. They left a legacy of destruction, legacy of pain, and legacy of ruins. Osinbajo as Vice President of Federal Republic of Nigeria by his utterances, action, or inaction writes his own history and legacy.

http://saharareporters.com/2020/08/17/osinbajo-pastor-ruga-and-n100bn-alpha-beta-scam-bayo-oluwasanmi

You already betrayed your intention op and it's futile!

Recycled 2020 junk news from Sahara deserted

Chai

pavoda:
REHASHING THE NEWS SO PEOPLE CONTINUE TO BE INFORMED.

You can only re-informed your likes not sane minds

What will you guys gain in tarnishing our starboy osinbajo image

In that case the Job is done. Nigeria is an insane society as we view things from some of the most wrapped lenses ever imagined

helinues:
You can only re-informed your likes not sane minds

pavoda:
REHASHING THE NEWS SO PEOPLE CONTINUE TO BE INFORMED.

So far no court of law have found them guilty yet, they are all clean.


Next!

helinues:
Recycled 2020 junk news from Sahara deserted

Chai

See who the guy dey support for my screenshot

This doesn't hold water. And statement has since being released, told you no matter what you dug, ready to give it to you back hot hot. You can't smear this good, never!


STATEMENT BY SIMMONSCOOPER PARTNERS WITH RESPECT TO THE PUNCH’S DEFAMATORY PUBLICATION OF JULY 13TH 2019

1. SimmonsCooper Partners’ (“the Firm”) attention has been drawn to certain allegations, assertions and other false accusations made against her in the front page of the Punch Newspapers of July 13th 2019, titled “Osinbajo’s firm linked to company fingered in alleged N100bn Alpha Beta scam” (“the Publication”).
2. For the record, SimmonsCooper Partners refutes all the false allegations imputed against the firm, her members and persons currently or previously associated with the firm. The Publication singled out, not only SimmonsCooper Partners, but also Professor Yemi Osinbajo (SAN), a onetime senior partner and member of the firm, for public opprobrium.
3. The Publication contains untrue and highly defamatory statements towards the firm, some of which contain malicious falsehood. In doing so, defamatory statements are being communicated to millions of people throughout the world, diminishing the firm’s reputation and that of various individuals who have worked at, and continue to work, at SimmonsCooper Partners.
4. SimmonsCooper Partners states that it is not involved, in any shape or form, neither does it have a link with, the alleged tax evasion, money laundering, nor corruption claims alleged against any of the corporations identified in the Publication. For the avoidance of doubt, SimmonsCooper Partners has never retained a physical or correspondent address at “B5 Falomo Shopping Complex, South West Ikoyi, Victoria Island”. This address is copiously portrayed in the published CAC Form 2.1, purportedly, as proof of the linkage between the firm and the subject matter of the allegations, whereas, a cursory inquiry by Punch could have shown that this address is neither the firm’s registered address nor its principal office. The firm categorically states that it has never been retained by Ocean Trust Limited to offer secretarial services as alleged by Punch Newspapers or at all. As is custom with filings as Company Secretary, there is no acceptance letter by the firm consenting to the purported appointment, or any other filing undertaken by the firm as Company Secretary at the registry of the Corporate Affairs Commission.
5. The Publication seems designed to damage the reputation of SimmonsCooper Partners and its past and current members rather than have any fair comment basis. The Publication was a false statement of fact, intentionally published in print and on the Internet, to millions of people within Nigeria and around the world. The malicious intent is demonstrated by the fact that a public search at the Corporate Affairs Commission shows that Ocean Trust Limited has a subsisting company secretary that had been appointed since 2011, which fact was curiously left out by the Punch Newspapers in the Publication. We believe that the Punch Newspaper’s admission to “rush to press” with the Publication, was motivated by malice and calculated to cause harm to the firm and its past and current members.
6. Further, the imputation that offering professional services to a company, by itself, creates an association with alleged wrongdoing, is neither customary nor reasonable. We are certain that Punch Newspapers has external legal advisers who will not be taken to be privy to, or actors in, the defamation alleged herein, or indeed in other matters of liability that may arise in the course of running Punch’s business. Offering professional services, by itself, cannot be characterized as wrongdoing. The insinuation that the firm, its past and current members are somehow associated with alleged tax evasion, corruption, the suppression of investigation and obstruction of justice is not only unjustifiable and unreasonable, but also malicious in intent. Without more, the Publication has definitely held the firm up to scorn, ridicule, disgrace, and contempt in the minds of the readers of the Publication.
7. SimmonsCooper Partners, today, is a product of the combination of her members’ intellectual capital, industry and integrity garnered for several years. We are proud that Professor Osinbajo continues to epitomise these values even in public service. In line with international best practices, upon his election as Vice-President of the Federal Republic of Nigeria, Professor Osinbajo resigned his membership of the firm.
8. The firm is aggrieved by the wanton, mischievous and most unprofessional manner in which the Punch Newspapers has published the defamatory statements in the Publication. SimmonsCooper Partners intends to seek redress to the fullest extent available in law and has requested the Punch Newspapers to do all of the following:
• remove from publication in their entirety the defamatory publication and all online threads to prevent further harm to the Firm’s business;
• produce an apology and a declaration that the allegations referred to are false and defamatory and cause such apology and declaration to be published in each of the forums which have given or could give reason for our complaint (such apology to be approved by us prior to publication);
• provide details of the number of online posts made, together with website addresses;
• make proposals for the payment to us of damages for the harm caused to our reputation; and
• undertake to actively monitor and delete any newly published defamatory content relating to the Firm.

If the defamatory Publication and threads are not permanently removed and the above undertakings are not complied within the stipulated period, SimmonsCooper Partners reserves the right to undertake further action as appropriate.


https://www.pmnewsnigeria.com/2019/07/18/osinbajos-law-firm-gives-punch-72-hours-to-retract-story-or-be-sued/b

https://guardian.ng/news/law-firm-denies-involvement-in-tax-fraud-seeks-retraction-in-72-hours/

DubaiLandLord2:
See who the guy dey support for my screenshot

Not surprised actually.

Very obvious it would be those people who have no balls to contest the 2023 presidency but would rather be saboteurs

We go choke them as usual in 2023

Appreciate that view. Can you say the same about Bukola Saraki and Bola Tinubu?

DubaiLandLord2:
So far no court of law have found them guilty yet, they are all clean.


Next!

So Osinbajo nah thief? Once a thief always a thief.. Op Thanks for refreshing our memory

Fake news of 2020..lmao, no amount of blackmail can dent the good image of Osinbajo. Your agenda is dead on arrival

Joylove2324:
Fake news of 2020..lmao, no amount of blackmail can dent the good image of Osinbajo. Your agenda is dead on arrival

Whether He stole money two years ago or 10 years ago does it matter?..
Abacha stole money decades ago and we're still recovering those monies

pavoda:
Appreciate that view. Can you say the same about Bukola Saraki and Bola Tinubu?

except a court of law find them guilty, they are innocent.

You guys are funny, how many times will you publish your fake, rubbish news on the Alpha beta that you guys have already apologized that he was not involved in it

pavoda:
The Punch in an exhaustive investigative report, detailed how Vice President Yemi Osinbajo aka Pastor RUGA, was involved in an alleged N100bn scam.

In what could be termed Linkage Scam Group, N100bn was laundered among four different companies owned by the same people. Simmons Cooper Partners is linked to Ocean Trust Limited. Ocean Trust Limited is linked to Alpha Beta Consulting Limited. Alpha Beta Consulting Limited is linked to Alpha Beta LP. The four companies were accused of being a “conduit for diversion and laundering of funds”.

Simmons Cooper Partners is linked to Osinbajo. Garba Shehu, Senior Special Assistant to General Muhammadu Buhari, said Simmons Cooper Partners was listed as a company in which Osinbajo has a stake in his assets declaration form in 2015. Dapo Apara, the erstwhile managing director of Alpha Beta, alleged that Alpha Beta owed the federal government N100bn in unpaid taxes spanning over 10 years.

Osinbajo as the then Attorney General of Lagos State and Wale Edun the then Commissioner for Finance, recommended to Bola Ahmed Tinubu the then Lagos State governor, that Alpha Beta Consulting be given the exclusive rights to collect taxes on behalf of Lagos State government with 10 per cent commission. Alpha Beta raked in N600m per month from the contract.

Pro-transparency groups and those close to Tinubu business empire confirmed that Tinubu owns Alpha Beta. In 2012, Dominic Adegbola, Lagos-based medical doctor, filed a Freedom of Information (FOI) request to Lagos State government seeking detailed information on all Alpha Beta contracts with Lagos State since 1999. Ade Ipaye, the then Lagos State Attorney General now Osinbajo’s chief of staff, turned down the request saying the FOI was a federal law that did not apply to the states.

In November 2017, a state judge ruled that the FOI was applicable to Lagos State. The judge said “The law was duly enacted by the National Assembly and did not require domestication to take effect in states.” What happened to the N100bn Alpha Beta scam? Like all other high profile corruption cases, the EFCC deleted the case from its docket.

During the Buhari-Osinbajo presidency, corruption has flourished in previously unthinkable ways, and at such a remarkable rate, that it’s almost impossible to keep tabs on it. Osinbajo has dutifully stood by General Buhari, mustering a devotional gaze rarely seen by an intellectual to an illiterate and ignorant president. What a comical mismatch!

History is replete with people who have changed the world for good as well as those who caused massive destruction for their people. They left a wake of pain behind them. They left a legacy of destruction, legacy of pain, and legacy of ruins. Osinbajo as Vice President of Federal Republic of Nigeria by his utterances, action, or inaction writes his own history and legacy.

http://saharareporters.com/2020/08/17/osinbajo-pastor-ruga-and-n100bn-alpha-beta-scam-bayo-oluwasanmi

Pastor ruga is a scam.

okefranci:
You guys are funny, how many times will you publish your fake, rubbish news on the Alpha beta that you guys have already apologized that he was not involved in it

Pastor is a scam