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Former Governor of Lagos State and National Leader of the All Progressives Congress, Bola Tinubu, has court cases around massive frauds hanging on his neck as his supporters and proxies drum support for him for the 2023 presidency.
Checks by SaharaReporters revealed that the fraud cases against Tinubu dated as far back as 1998, raising questions on how the former governor struggled to delay the axe of the law.
The APC leader has yet to come out officially to declare any 2023 ambition, although many of his godsons are already in the forefront of negotiations across stakeholders, first in the South-West region.
On February 18, 2009, SaharaReporters obtained original copies of a judgment in the case of United States versus Bola Ahmed Tinubu, in which Tinubu was charged (along with other defendants) in a case of massive drug trafficking and money laundering.
This judgment directly relates to (and further documents) the SaharaReporters report of September 16, 2008 – How US Federal Agents successfully Linked Tinubu to Drug Trafficking Ring in Chicago.
The United States of America, by its attorney, Michael J. Shepard, United States Attorney for Northern District of Illinois, for its verified complaint of forfeiture, stated that “Beginning as early as 1998, Adegboyega Mueez Akande, with others operated an organisation which distributed white heroin, a controlled substance under Title 21 of the United States Code.
“This distribution operation was conducted on a large scale and the proceeds of the operation substantial.”
The judgment was that the court ordered: “that the funds in the amount of $460,000 in account in the name of Bola Tinubu represents proceeds of narcotics or were involved in financial transactions in violation of 18 U.S.C ss 1956 and 1957 and therefore these funds are forfeited to the United States.”
After protracted litigation in which Bola Tinubu claimed that the monies legitimately belonged to him, his wife, Oluremi Tinubu, and his surrogate mother, one Alhaja Mogaji, Bola Tinubu finally opted for a stipulated settlement with the US government.
According to the settlement order dated September 15, 1993; Hon. Judge John A. Nordberg ordered that the sum of $460,000 held by Bola Tinubu in the First Heritage Bank account be forfeited to the United States Government.
MA bigger scandal was uncovered in 2018 when Alpa Beta, a consultancy owned by Bola Tinubu, was caught at the centre of a N100 billion fraud, tax evasion, and money…
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