This probe against Tinubu has to do with petitions written against him in past accusing Jim of embezzling Lagos State money.
EFCC has written a letter to the Code of Conduct Bureau requesting copies of Tinubu’s asset declaration form before he was sworn in as Governor.
The investigation of Tinubu started last year after the removal of former Chairman of EFCC, Ibrahim Magu who refused to probe Tinubu while in office.
The letter marked CR/3000/EFCC/LS/Vol4/322, dated November 6, 2020, was signed by the then Lagos zonal head, Abdulrasheed Bawa, who is now the current Chairman of the EFCC appointed by the President recently.
The lette stated “In view of the above, you are kindly requested to furnish the commission with the outstanding requested information of Bola Ahmed Adekunle Tinubu.
“This request is made pursuant to Section 38(1) and (2) of the EFCC Act 2004.”
However, a senior EFCC official confirmed the letter’s authenticity, adding that it was part of a broader probe.
This current might have a lot to do with alleged fraud in Alpha Beta Consulting.
Apara the former Managing Diector had in the past instituted a lawsuit against Tinubu, where he claimed that Tinubu controlled the company, receiving 10 per cent of the taxes collected on behalf of the state.
He said he made these discoveries after looking into the company’s finances and made many startling discoveries, such as mysterious transfers of over N20bn to various companies. He alleged that “N550m payment to Ocean Trust Ltd vide payment instruction dated the 15/5/18, N850m payment to Ocean Trust Ltd vide payment instruction dated the 14/3/15.”
The claimant said N960m was spent on purchasing HITV’s 300,000,000 shares.
Alpha Beta Tax consultancy firm, Alpha Beta LLP, denied allegations levelled against it by their former MD, adding that he had diverted about $5m during his time as managing director by inflating a contract which was worth about $300,000 and then diverted a separate N6bn to personal use.
The people watch as the events unfold.