The 2023 post-election drama in Nigeria is one that may linger for long. More shocking revelations spring up day by day.
In fact, many persons seem to be fade up of the whole drama, they can’t wait for it to come to an end.
Many persons say it would end after Bola Tinubu’s inauguration on May 29, others say it will end with the intervention of the Tribunal
However, while Nigerians await the decision of the Tribunal or the inauguration of a new government, more drama unfold in the country’s political space.
Seyi Tinubu
A Bloomberg report has linked Seyi Tinubu, son of Nigeria President-elect, Bola Tinubu to a fraudulently purchased property in London.
The report surfaced on Tuesday, May 2.
According to the report, during an investigation, Seyi was linked to the purchase of the London mansion under fraud investigation by President Muhammadu Buhari’s administration.
Seyi allegedly purchased the house in 2017 for the sum of $10.8 million through his firm.
The report cited previously unreported United Kingdom (UK) company documents.
Seyi Tinubu’s Corruption Scandal
The property in question, was acquired by Seyi’s firm and it was part of the biggest corruption scandals the Nigerian government under the incumbent leadership was seeking to probe.
It further argued that Seyi is the main shareholder of Aranda Overseas Corp – “an offshore company that paid £9 million ($10.8 million) to Deutsche Bank for the property in North London in late 2017″.
“The private three-floor residence in St. John’s Wood — a district favoured by American bankers — is equipped with an eight-car driveway, two gardens, electric gates and a gym,” the report said.
According to the report, at the time of the purchase, the Nigerian government was seeking to arrest the house’s former owner.
They accused him of going on the run while owing the country an oil-trading debt worth more than $1.5 billion.
Bola Tinubu’s Involvement
The report says the state was attempting to confiscate the upscale real estate and other assets it suspected had been acquired by the businessman, Kolawole Aluko, with the profits of crime.
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Though the report did not mention whether President-elect, Tinubu, was personally involved in the acquisition of the UK property in 2017, it, however, states that the outgoing president of Nigeria, Buhari visited Tinubu at the same place in August 2021.
That is nearly four years after the purchase reportedly took place.
“The ruling was made on an interim basis pending the conclusion of an investigation into Aluko that was still ongoing as of, at least the end of 2018, according to court filings.
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Aluko can’t comment on the forfeiture case because it is still “sub-judice,” Seyi’s lawyer, Tokunbo Jaiye-Agoro said by email.
