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Buhari Transferring Stolen Properties to Bola Tnubu ? Secret  Revealed

Enudi Golden by Enudi Golden
January 11, 2024
in Headline, News
Reading Time: 3 mins read
Buhari Transferring Stolen Properties to Bola Tnubu ? Secret  Revealed
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Buhari Transferring Stolen Properties to Bola Tnubu ? Secret  Revealed

A report is currently going around the internet that Seyi Tinubu who happens to be the son of the President-Elect, Bola Tinubu has purchased a property in London for the sum of $11M.

Following this report, According to Bloomberg, there is currently no evidence linking Mr. Tinubu, who is 71 years old, to the acquisition. However, this incident could still bolster critics’ claims that President Buhari is transferring seized assets from his predecessor’s associates to his own inner circle. While Mr. Tinubu has publicly taken credit for Mr. Buhari’s election win in 2015, the Nigerian leader pushed back on this claim last year, stating that his victory was the result of a collective effort.

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Seyi Tinubu paid $11 million for London property Buhari regime seized from Diezani ally Kola Aluko

In a recent report by Bloomberg, it has been revealed that Seyi Tinubu, the son of President-elect Bola Tinubu, has been linked to the purchase of a luxurious property in London that was previously confiscated from a notorious oil dealer, Kola Aluko. According to the report, Seyi used an offshore shell company, Aranda Overseas Corporation, to acquire the property in 2017, which was facilitated through Deutsche Bank. The property, which is located in an elite neighborhood in North London, is described as a private three-floor residence equipped with an eight-car driveway, two gardens, electric gates, and a gym.

The property was reportedly part of about $2 billion that Kola Aluko allegedly stole from Nigeria through shady oil deals, along with former oil minister Diezani Alison-Madueke. Upon assuming office in 2015, President Muhammadu Buhari launched a crackdown on people suspected to have illegally enriched themselves under his predecessor, President Goodluck Jonathan. Several assets seized in Abuja and Lagos were linked to President Buhari’s allies, including ministers in his cabinet. While President Buhari claimed to despise corruption, his wife, children, and close aides have since been linked to several multibillion-dollar corruption scandals since 2015.

While there is currently no evidence linking Bola Tinubu to the purchase, the report raises concerns that President Buhari is transferring seized assets to his own cronies. Bola Tinubu has publicly claimed credit for making President Buhari president in 2015, although the Nigerian leader pushed back on this claim last year, stating that his victory was the result of a collective effort. Despite ongoing corruption allegations, Bola Tinubu continues to deny any wrongdoing.

It is worth noting that Bola Tinubu has been dogged by evidence of public corruption, drug dealing, and money laundering long before he was declared winner of Nigeria’s presidential election in February. The drug charges were first brought against him by the FBI in the 1990s, and he was made to forfeit at least $460,000 to the United States in September 1993. His main opponents in the last elections have compiled the charges as part of their petitions seeking to invalidate his victory, although a final ruling is not expected to come in until months after he had already been sworn in on May 29.

The latest report by Bloomberg on Seyi Tinubu’s purchase of the London property raises more questions about the extent of corruption in Nigeria and the role of political leaders in it. The public outcry against corruption has been growing in Nigeria, with citizens demanding greater accountability from their leaders. The Nigerian government has responded by setting up several anti-corruption agencies and passing laws aimed at curbing corruption. However, more needs to be done to ensure that corrupt practices are exposed and perpetrators are brought to justice.

In conclusion, the report by Bloomberg linking Seyi Tinubu to the purchase of the London property previously confiscated from Kola Aluko raises concerns about the extent of corruption in Nigeria and the role of political leaders in it. While there is currently no evidence linking Bola Tinubu to the purchase, the report raises questions about the ongoing corruption allegations against him and his allies. The Nigerian government needs to do more to ensure that corrupt practices are exposed and perpetrators are brought to justice to restore public trust in its institutions.

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