Tinubu’s Alpha Beta Accused Of N100bn Money Laundering, Tax Fraud (SEE ORIGINAL COPY OF 4-PAGE PETITION
Alpa Beta, a consultancy owned by Bola Tinubu, former Governor of Lagos State and National leader of the All Progressives Congress (APC), is at the centre of a N100billion fraud, tax evasion and money laundering petition written by Mr. Dapo Apara, its Managing Director/Chief Executive Officer.
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”.
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 con duct 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 per cent of internally generated revenue of Lagos, estimated in 2016 to be about N40 billion every month
To Receive Free News Updates, Add To Your WhatsApp: 0802 739 7554; To Publish Your Articles Or News Stories, Email email@example.com.
READ ALSO! Gov. Ajimobi Reconciles With Ayefele After Demolishing Fresh FM House, Raises Resolution Committee
READ ALSO! I’ll Rescue Nigeria From Economic, Mind Poverties — Professor Moghalu Says
READ ALSO! Nigeria Couples: Now You Can Know If Your Partner Is Cheating On You; SEE 11 SURE Ways
READ ALSO! Good News For Nigeria Agric, Manufacturing Sector As CBN Unveils Single Digit Bank Interest Loan
READ ALSO! READ! Three Natural Steps That Will Whiten Your Teeth
READ ALSO! NBA Formally Reacts To Buhari’s Rule Of Law Comment, READ THE RESPONSE!
READ ALSO! GOOD NEWS: You Won’t Believe What Orji Uzor Kalu Said About Angela Merkel’s Historic Visit To Nigeria
READ ALSO! The Smart CEO: Top 5 Websites To Get Cheap Domain Name Registration
READ ALSO! Between GoDaddy And Namecheap: Making The Best Choice For Domain Name Registrar
READ ALSO! Nigerian Filmmaker, Zuriel Oduwole Makes Forbes List Of 100 Most Influential African Women
READ ALSO! More Nigerians Travelling Out Due To Economic Hardship, Over 500,000 Since 2016
READ ALSO! More Nigerians In Kano, Katsina Now Using Hard Drugs — Group Says