The President-elect, Bola Tinubu; Minister of Works and Housing, Babatunde Fashola; Governor of Lagos State, Babajide Sanwo-Olu; a former Osun State governor, Gboyega Oyetola, and an associate, Oladipo Eludoyin, have been allegedly linked to 20 properties bought in the United Kingdom when he (Tinubu) was serving as Lagos State governor.
According to an investigative report published on Friday, May 5, by the Organised Crime and Corruption Reporting Project, 17 of the properties were bought by Eludoyin, Tinubu’s long-term associate and a director of Aranda Overseas Corp, between 2004 and 2007.
The OCCRP is a global network of investigative journalists with staff members on six continents, Africa, Europe, Asia, South America, North America, and Australia, whose main agenda is exposing corruption and preventing crime.
A Bloomberg investigation had on Tuesday reported that Seyi, Tinubu’s son, is the main shareholder of Aranda Overseas Corp. – an offshore company he used in purchasing a $10.8 million property under probe by the Economic and Financial Crimes Commission.
Concerning the recent exposé, the OCCRP’s Friday report read, “Tinubu, whose victory in February is being challenged in court, has been keeping part of his wealth in the United Kingdom, where he and his close associates own at least 20 properties that were mostly acquired when Tinubu was the governor of Lagos State.
The organisation added that Fashola, Tinubu’s former aide and successor, and Sanwo-Olu, Tinubu’s former aide and incumbent governor of Lagos State, also had a hand in controlling Aranda Overseas Corp. internal affairs.
