File photo of Bola Tinubu. Twitter: @BATKSM2023

Although 10 accounts were linked to All Progressives Congress (APC) presidential candidate, Bola Tinubu, by United States authorities in the early 90s, $460,000 were deducted from one of the accounts as tax on investments domiciled in US banks.

This was the submission of the Chief Spokesperson for the Tinubu-Shettima Presidential Campaign Council, Festus Keyamo, on Channels Television’s Politics Today programme on Wednesday.

He was commenting on the controversy surrounding a document recently released by the US District Court for the Northern District of Illinois said to have investigated Tinubu’s alleged involvement in narcotics and money laundering about 30 years ago.

The matter, which ended in a settlement, led to Tinubu’s forfeiture of $460,000 in one of the accounts linked to the former governor of Lagos State.

Keyamo said Tinubu took responsibility for all the 10 accounts because they were also traced to his mother and “relatives”.

He also said Tinubu was roped in the drug trafficking case of two Nigerians who once stayed in separate flats in the same building where the ex-governor stayed at a time in the US.

“He, Asiwaju, went to open an account, the address by which he opened the account was already used by these people…investigated for narcotics,” he said.

‘Not A Deliberate Act’
Keyamo further stated that Tinubu was an employee of Mobil Oil and not a treasurer of a drug cartel.

He explained that Tinubu deposited some funds in bank accounts in the US as investments and got returns on those investments.

The spokesman said the banks were supposed to deduct taxes from the investments but they did not and this was not a “deliberate act” on the part of Tinubu.

“The deposits he made there (in banks) are what bankers called investments; he kept the money there and he was getting interests. They (US government) said he had not paid tax on those interests. That is all and guess what? The banks are supposed to deduct the tax from source.

“Out of the 10 accounts, it was only one account – the one in Heritage Bank – that they took $460,000 as tax on interest that he benefited on the investment he made in those accounts.

“In fact, all the money in Heritage Bank was not taken; they took only $460,000 as tax,” said Keyamo, who is also the Minister of State, Labour and Employment.

‘PDP Went To The US To Dust Old Document’
Keyamo insisted that there was no criminal indictment or conviction against Tinubu, alleging that the opposition Peoples Democratic Party (PDP) was behind the reincarnation of the controversial court document.

“His (Tinubu’s) detractors kept bringing up these issues over and over when his political profile is rising, when he wants to run for office or any political turn in his life, they will bring up these issues,” Keyamo said.

“The date on the papers flying up and down, the date of certification is 2022, so they are using this to confuse people that these are fresh papers. If documents are 40 years old or 100 years old, once you go to court, and apply for certified true copies of those documents, they will give you those documents but they will stamp the day they are giving you those documents.

“This is what our detractors, the PDP, perhaps that is what they went to the US for when they pretended that they went for high-level engagement. This is part of the high-level engagement they went for.”

Tinubu, 70, is in the 2023 contest for Aso Rock’s top job alongside top contenders like PDP’s Atiku Abubakar and Peter Obi of the Labour Party in the contest many analysts have described as a three-horse race.

https://www.channelstv.com/2022/11/09/10-accounts-linked-to-tinubu-in-us-460000-deducted-as-tax-keyamo/

How do Tinubu supporters sleep at night after campaigning for him during the day ?

There are so many demons in this country in human form..

Aright Mr Festus

.

Tinubu will go down in History as not only the most Controversial, but also the most Abused & Insulted Presidential Aspirant in the Whole Wide World.

KUNZEH:
Aright Mr Festus

Keyamo festus only stand for stomach infrastructure

Keyamo the liar. Different versions from same APC.

Let Pablo EscoBAT Drugnibu speak for himself not all these lap dogs with varying versions

What kind of investment yielded $460,000 tax on interest in the 90s? Keyamo you are MAD!

Can Keyamo read the second paragraph and tell us what forfeiture of proceeds of narcotics trafficking means?

Integrity and Festus are sworn enemies. the guy lie like his life depends on it, which is true to some extent.

YouWin

FESTUS DO JOT ANNOY US PLEASE DO YOU THINK WE ARE FOOLS WE CLEARLY SAW AN INDICTMENT PAPER INFACT THE AMERICAN INVOLVED IS SERVING LIFE

What kind of talk in this, the word tax didn't show up in that document, keyamo should be fired he can't do the job.


Atiku is coming

Chaii this is not ordinary.....Oga festus you are the best in confusion

Lol. Does Keyamo think he is talking to babies?

Omo! See lies ooo.

Keyamo: Forfeiture is not a crime.

I don't understand why APC will see Nigerians as people they can just lie to and get away with it
How long has the political class been doing this .

Have we been this foolish

Is Keyomo Egwarewa Festus a SAN? Now I know the true definition of village people. This man is highly selfish, trying by all means to be relevant, so to borrow and loot more dollar in next administration.

Festus and lai Mohammed

Atiku is grasping at straws.

pinkPUSSY:
How do Tinubu supporters sleep at night after campaigning for him during the day ?

There are so many demons in this country in human form..

Answer this question logically; have you ever heard of usa settling with a drug dealer or fraudster without the person being convicted even after recovering money ? If yes pls be kind enough to publish such here ,even hushpuppy still g0t convicted for 11 years even after restitution of 1.4m dollars, pls show us where tinubu served time for dealing drugs ?
3 sets of people usa don't negotiate with : terrorist, drug dealers and fraudsters.

Keyamo is a joke.
Tinubu is a hardened criminal that must not near the seat of power with his Boko Haram commander running mate.

pinkPUSSY:

File photo of Bola Tinubu. Twitter: @BATKSM2023


Although 10 accounts were linked to All Progressives Congress (APC) presidential candidate, Bola Tinubu, by United States authorities in the early 90s, $460,000 were deducted from one of the accounts as tax on investments domiciled in US banks.

This was the submission of the Chief Spokesperson for the Tinubu-Shettima Presidential Campaign Council, Festus Keyamo, on Channels Television’s Politics Today programme on Wednesday.

He was commenting on the controversy surrounding a document recently released by the US District Court for the Northern District of Illinois said to have investigated Tinubu’s alleged involvement in narcotics and money laundering about 30 years ago.

The matter, which ended in a settlement, led to Tinubu’s forfeiture of $460,000 in one of the accounts linked to the former governor of Lagos State.

Keyamo said Tinubu took responsibility for all the 10 accounts because they were also traced to his mother and “relatives”.




Festus Keyamo on Channels Television’s Politics Today show on Wednesday, November 9, 2022


He also said Tinubu was roped in the drug trafficking case of two Nigerians who once stayed in separate flats in the same building where the ex-governor stayed at a time in the US.

“He, Asiwaju, went to open an account, the address by which he opened the account was already used by these people…investigated for narcotics,” he said.

‘Not A Deliberate Act’
Keyamo further stated that Tinubu was an employee of Mobil Oil and not a treasurer of a drug cartel.

He explained that Tinubu deposited some funds in bank accounts in the US as investments and got returns on those investments.

The spokesman said the banks were supposed to deduct taxes from the investments but they did not and this was not a “deliberate act” on the part of Tinubu.

“The deposits he made there (in banks) are what bankers called investments; he kept the money there and he was getting interests. They (US government) said he had not paid tax on those interests. That is all and guess what? The banks are supposed to deduct the tax from source.

“Out of the 10 accounts, it was only one account – the one in Heritage Bank – that they took $460,000 as tax on interest that he benefited on the investment he made in those accounts.

“In fact, all the money in Heritage Bank was not taken; they took only $460,000 as tax,” said Keyamo, who is also the Minister of State, Labour and Employment.

‘PDP Went To The US To Dust Old Document’
Keyamo insisted that there was no criminal indictment or conviction against Tinubu, alleging that the opposition Peoples Democratic Party (PDP) was behind the reincarnation of the controversial court document.

“His (Tinubu’s) detractors kept bringing up these issues over and over when his political profile is rising, when he wants to run for office or any political turn in his life, they will bring up these issues,” Keyamo said.

“The date on the papers flying up and down, the date of certification is 2022, so they are using this to confuse people that these are fresh papers. If documents are 40 years old or 100 years old, once you go to court, and apply for certified true copies of those documents, they will give you those documents but they will stamp the day they are giving you those documents.

“This is what our detractors, the PDP, perhaps that is what they went to the US for when they pretended that they went for high-level engagement. This is part of the high-level engagement they went for.”

Tinubu, 70, is in the 2023 contest for Aso Rock’s top job alongside top contenders like PDP’s Atiku Abubakar and Peter Obi of the Labour Party in the contest many analysts have described as a three-horse race.

https://www.channelstv.com/2022/11/09/10-accounts-linked-to-tinubu-in-us-460000-deducted-as-tax-keyamo/

Lalasticlala nlfpmod Seun nlfpmod Seun

This man will run enter market with they way he dey lie lie up and down for tv because of him stomach.
Lai Jr bro

What is Keyamo's achievement as a minister?

Incredible!!! If the opposition does not take the APC and Tinubu to the cleaners after this barefaced lies, then they're not serious at all.


Dirty and stinky lies!

Turning logic and truth on its head.


Nigerians I hope you all can see? Give these philistines power, and watch them rub it on our faces on a daily!

APC/Tinubu shall not be rewarded with Central Power again.

Vote Wisely!!!
Vote Peter Obi!!!!

My question is, what commodity was traded that led to a whopping $460k been paid as tax?

Ok

Let Tinubu go to America, we want to check something

Did anyone else see how Keyamo was sweating and getting aggressive with the interviewer

He even told the guy to bring pen and paper, I guess he could hear himself sounding so senseless

Man is both local and international known criminal.

So tinubu no get mouth to talk ?



Let him go live on TV and do the explanation by himself

Ok

You can now post free Real Estate Classified Ad on Propsvilla and reach your potential client.


https://www.youtube.com/watch?v=OdR8sbi1SaU&t=41s

These people have destroy this country.

And guess what ?

They are not done yet.