₦airaland Forum

Tinubu's Company Fingered In N100 Billion Fraud (court Documents)

A consultancy firm, Alpha Beta, owned by APC chieftain and former governor of Lagos, Bola Ahmed Tinubu is currently embroiled in a N100 billion Tax Evasion, Money Laundering, and Fraud case, according to a petition filed by one Dapo Apara, its Managing director/CEO.

According to Apara’s petition to the Economic and Financial Crimes Commission (EFCC), Alpha Beta “has become an avenue for official corruption of government officials, a conduit pipe for massive money laundering scheme, tax evasion, among other vices”.

PoliticsNGR learned that in the petition, sent on his behalf by Adetunji Adegboyega ESG, his solicitors, Apara said: “Over the years the company is being protected and shielded by some powerful politicians and people in the society which made them to always boast of being untouchable, but our client, feeling the need not to keep quiet again and strengthened by his belief in the fact that the government of President Muhammadu Buhari is keen on fighting corruption, which has been the bane of our country, is of the firm belief that it’s time to expose and open the can of worms called ALPHABETA CONSULTING.

“Our client is of the firm belief that it is time for the commission to step in and conduct a holistic investigation into the activities of ALPHABETA CONSULTING LIMITED AND ALPHABETA LLP, with a view to uncovering the massive corruption, money laundering, tax evasion etc going on in the company. Kindly note that one of the companies being used to perpetrate money laundering by the company is still another company named Ocean Trust Limited.

“The only hope of our client and indeed the teeming Nigerians who are victims of the crimes being perpetrated by these companies, in seeking justice is the commission, which we strongly believe in and therefore call on the commission to cause a holistic investigation into this case and all involved with the aim of bringing these criminals to justice, and not allow their claims of being untouchable to be validated.

“Kindly note sir that as our client is willing and able to provide information to substantiate the claims, though, we will plead for these to be done through us as he is presently fearing for his life having been receiving death threats from a lot of quarters because of this case.”

Alpha Beta first became known when it was appointed as a consultant to the Lagos State Government, arguably its first client, under the tenure of Babatunde Fowler as the Chief Executive Officer/Executive Chairman of the Lagos State Board of Internal Revenue from 2005 to 2014.

The company got the appointment when Bola Ahmed Tinubu was Governor of Lagos State. The speculation, which has yet to be dissipated since then, is that Tinubu completely owns or is a major shareholder in the company.

In the same vein, the state has also never denied claims that the company takes about 10 percent of internally generated revenue of Lagos, estimated in 2016 to be about N40 billion every month.

View Court Documents below;

https://politicsngr.com/just-tinubus-company-fingered-n100-billion-fraud-court-documents/

In the same vein, the state has also never denied claims that the company takes about 10 percent of internally generated revenue of Lagos, estimated in 2016 to be about N40 billion every month.

Truly I need to get visa ASAP.

You will not see any Bourdillon zombie here

Buhari: Tax evasion is not corruption.

My sister is a lawyer, pay that girl just 1m she will sue Akitu for stealing 1trillion and tie it to one of us numerous businesses. I repeat, every single former governor with a successor owns the state controlled tax collection agency or should a PDP run state handle its tax affairs to APC? Abeg make Una move. No be election period you go dey hear all this covered or manufactured trash. 100 billion! No wonder Lagos state looks like Delta. Useless gabbage news blog and useless lawyer seeking attention. God punish me if I give a damn about 2019 election. Mschew

Jagaban..... Wetin you do THEM?

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Apara has been with the company for alot of years and that is why he has access to such information, while such allegations might be wrong, I believe whatsoever prove he presented to the court should be real datas printed from the company database, But such information might have been Tampered with because of the Politicking tone it add to it. If he truly want to clean up the mess of corruption has he has claimed then he should have raised alarm a long time ago, it isn't a surprise it came at a time when the Ruling Party National leader Bola Tinubu is busy strategizing how to win the 2019 election..

To me this case is dead on arrival.

Nor be tinubu ?

the same man that preaches anti corruption ?

hail the king of corruption
last last dhe go bury the case mtchew
tinubu and fraud are like 5 & 6

2019 election reloading....

Madness.

How about those indicted by Panama .
Busy buying presidential form

Ok

Some people's Messiah..... Money that can save life of lagosians,with underground rail way.

Hmm

Lagos state government accounts too requires forensic auditing.........

madridguy:
In the same vein, the state has also never denied claims that the company takes about 10 percent of internally generated revenue of Lagos, estimated in 2016 to be about N40 billion every month.

Truly I need to get visa ASAP.

after voting saibaba ?



you well so ?

This country is bleeped up
Check my profile to get free blog review

One of the most corrupt individuals in Nigeria is Tinubu.
He hides his massive corruption with claims by his a rse lickers that he just got government privileges doing legitimate businesses.
What Tinubu has done over the years through his corrupt enterprise is simply money laundering,channelling corruptly gotten wealth from government coffers into formal service ventures.

nothing go happen Jo. no be naija. all na for news. na today tinubu dey meek lag? lagosians mumu pass kwarans. argue with fact. but they always think they are wise, but they are dumb.

And we have a fraudster at the helms of affairs

Dead on arrival

The case will be sweep under the carpet after months of adjournment

But Tinubu Is St. Michael Na. ..?

Who is tinubu?
This country though,
well If you are still opportuned to live in your own house.. Thank God.
And then again, if you find grace building a new home, please contact me, so I can supply you with wooden materials.
Thank you.

Chaii.....100 billion

FG n APc wire wire