Tinubu and Fashola petitioned before EFCC


A petition dated 23rd July, 2020 and submitted on the 27th July, 2020 to the Economic and Financial Crimes Commission (EFCC) is alleging corruption charges against former Lagos State governors – Asiwaju Bola Ahmed Tinubu and Babatunde Raji Fashola.

The petition, which was written by Coalition Against Corruption and Impunity, a pro-democracy group, was addressed to the new acting chairman of the EFCC, and copied to the Attorney-General and Minister of Justice, Abubakar Malami and the Inspector-General of Police, Mohammed Adamu. It was signed by the group’s coordinator John Olufemi and secretary, Mohammed Sanni.

Some of the allegations were those of “syndicated fraud and sharp practices, corruption, huge land scams running into billions, criminal diversion of funds, betrayal of trust and oath of office, economic strangulation laden with corruption, financial recklessness, mismanagement, embezzlement, misapplication of funds gross constitutional violations and abuse of office” against the duo.

They documented properties which belonged to the Lagos State Government diverted by Tinubu.

The petition claimed that the duo of Tinubu and Fashola own the Golf Course and Housing Estate located at Lakowe near Ibaju Lekki Government which was developed by Asset and Resource Management Limited at N75 billion on 1,000 hectares of land.

They also said “14-hectare Parkview Ikoyi Estate foreshore land reclaimed by Lagos State Government currently belongs to Tinubu,” and the annex of Lagos State Guest House in Asokoro Abuja, purchased by the Lagos State Government in 2006 for N450 million, now belongs to Tinubu.

They claimed that Tinubu allegedly allocated Strabag Yard land to himself and built a shopping mall on it.

They also claimed that the former Lagos State Governor’s Guest House located at No. 41 Oyinkan Abayomi, was transferred to Tinubu shortly after Fashola assumed office in 2007.

“Tinubu took over the prime land of 157 hectares with 2.5km of Atlantic beach front at N10 billion from the communities of Siriwon, Igbekodo, Apakin etc in Ibeju-Lekki Local Government and given to his crony, Ibukun Fakeye, to erect a gulf house and luxury villa with little or nor compensation to the villagers. Furthermore, he paid $20 million (N3 billion) out of public treasury to Ibukun Fakeye for commencement of the project in late 2006 coupled with release of additional funding for the project by Fashola and not owned by Lagos State government.”

They also allege that Tinubu owns Fara Park estate and Beach Wood estate in Lekki, Lagos State, while his wife, Oluremi, has converted the, “massive New Era Foundation Youth Camp at Eleko Junction, off Lekki-Epe Express Road, Lagos State, which was built with state funds”, for personal use.

They also provided details eight foreign bank accounts allegedly operated by Tinubu while he was the governor of Lagos. The accounts are in First Heritage Bank in Illinois, USA, City Bank in New York, USA, City Bank International also in New York, and in HSBC in London.

The said further that “Presently Tinubu owns the critical care unit in Lagos State University Teaching Hospital (LUTH) in Ikeja which was built and equipped with state funds. The outfit is managed by his cousin, Dr. Sikiru Tinubu as a private unit and the proceeds belonging to Tinubu. The outfits major revenue is derived from referral of patients by General Hospitals in Lagos State which is hardly affordable by ordinary Lagosians because of its exorbitant charges.

“He chased away Lagos State Polytechnic located at Ikoyi near old toll gate and allocated all the choice plots to himself, his cronies and political associates. Because of his greed, he deprived the youths of Lagos State Education to some extent and presently Television Continental (TVC) headquarters owned by him is located on the location.

“Tinubu’s tax company (ALPHABET) is paid N3 Billion monthly as consultancy fee from Lagos State coffers from the almost N30 billion Internationally Generated Revenue (IGR) through his company-Alpha Beta Limited”


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