Exclusive!!!! The Looting of Lagos by Tinubu and Fasola Exposed 2
14. Several other buyers of Federal Government properties and developers of properties in Ikoyi, Victoria Island and
Government Reservation Area Ikeja were forced to succumb to the outrageous demands of Tinubu, Fashola, Commissioner
Abosede and other officials of the Lagos State Physical Planning Ministry and were made to pay ridiculous amounts to private
accounts before their redevelopments were approved. Those who refused or were unable to pay could not develop their
properties. This is a major economic strangulation of property developers and has contributed largely to the skyrocketing rent in Ikoyi, VI and Lekki axis.
15. Tinubu converted all the plots of land where Lagos Polytechnic was located at Ikosi near the old toll gate. He chased away
the Polytechnic in 2006 and went ahead to locate the choice plots to himself, his cronies and political associates. The
headquarters of Television Continental (TVC), which is owned by him, is located there. He deprived the youths of Lagos of decent education because of his greed.
16. Tinubu singlehandedly sold the prime land on Aboyade Cole, Victoria Island which was recovered from some allotees, to UACN Properties Plc. The amount of proceeds was shrouded in secrecy.
17. Eludoyin, fronting for Tinubu, built the estate directly opposite Goshen Beach Estate in Lekki area.
18. Tinubu’s wife, Remi Tinubu, built the massive New Era Foundation youth camp at the junction of Eleko, off the Lekki-Epe express road, with Lagos State funds and has now converted it to personal use. 19. Tinubu owns the Fara Park Estate and the Beach Wood Estate both in Lekki.
20. The Critical Care unit at the Lagos State University Teaching Hospital (LASUTH) in Ikeja, built and equipped with state
funds, is now owned personally by Tinubu. He has put one Dr. Sikiru Tinubu, (a supposed cousin of his) to run the outfit. It is run
as a private unit and the proceeds are pocketed by the duo. The unit charges its users exorbitantly and most Lagosians can
hardly afford to pay its high charges. Much of the revenue is derived from fees paid by the State Government for patients referred there by its General Hospitals.
21. Several prominent Nigerians in the judiciary, police, INEC, and other sensitive agencies have obtained prime land from former
Governor Tinubu and incumbent Governor Fashola over the years without paying a kobo. Many of them had turned around to sell
the land to third parties at substantial profit. Many top officials in the police, INEC and the judiciary who participated in the
2003 and 2007 elections and tribunals in states where Tinubu has interest were compromised with parcels of free prime
Lagos land and cash. If the Lagos State Land’s Bureau could publish the names and identities of beneficiaries of land allotees
from 2000 to date, the scandal that will result is better imagined. Gbenga Ashafa, now a Senator, and Mrs. Awofisayo were
the conduits through which these acts were being perpetrated. Both were also personally involved in various dubious land transactions on their own.
22. Prime land and properties have been used to pay off public officials who are personally close to Tinubu and Fashola for “jobs well done” or for being privy to sensitive information, notably:
(a) Dele Alake, former Commissioner for Information and Strategy, was sold a whole house on Alexander Road, Ikoyi where he lived as official quarters at a give-away price.
(b) Rauf Aregbesola, Osun State Governor, who was a former Commissioner in Lagos as well as Muiz Banire, also a former
commissioner, got detached houses at Ladoke Akintola Street, GRA Ikeja for their “good job” while serving under Tinubu.
(c) Yemi Cardoso and Wale Edun, both former commissioners, were sold houses on Iru Close, and another location in old Ikoyi at give-away prices by Tinubu. The list is endless.
23. Governor Fashola in the wake of the petition against him presented by “The True Face of Lagos” to the House of
Assembly has succeeded in buying his way out of trouble by bribing each of the 40 immediate past members with cash and
prime state land at Abijo GRA, off Lekki-Epe road. He, in addition, bought a N40million bulletproof jeep for the Speaker in a desperate bid to ward off investigation by the Assembly.
These corrupt acts have deprived the taxpayers of Lagos billions in revenue which could have been used for public projects.
Indeed, the prime land stolen from the Lekki axis is enough to build the Lekki-Epe road without burdening residents and other taxpayers with the 30-year concession toll road.
We know that people will say: why don’t you take this matter to EFCC? Well the EFCC appears compromised on matters
concerning Tinubu. If not, how come he has not been charged to court despite several petitions against him and in spite of Nuhu Ribadu’s boastful claims that he had enough evidence to nail him?
It is evident that Tinubu is deliberately being shielded from prosecution. Tinubu left office about six years ago and lost his
immunity but where is the Nigeria Police? But we know that eventually, his cup will run over and he will be brought to justice.
And why is there a conspiracy of silence by those known to be dogged fighters of corruption? Why are they watching as
both men appear to be getting away with corruption? We hope Lagosians will wake up and fight for their rights. The elite
should speak out now and force the EFCC to take action. We once again call on the elders of Lagos, the elite at the Lagos
Island Club, Ikoyi Club, Lawn Tennis Club, Yoruba Tennis Club, Ikeja Country Club, Eko Club, Metropolitan Club, The Boat Club,
Apapa Club, etc. We also call on the religious leaders, prominent traditional rulers, the media, opinion molders and members of
civil society to speak out. Let us join hands in the collective effort to call on the anti-corruption agencies, and in particular the
EFCC, to act now and move into the Land’s Bureau and the State’s Treasury Office at Alausa to conduct a thorough
investigation on land matters from 2000 to date. We assure the public that if this is done transparently, it might be possible to recover trillions of naira stolen from the tax payers of Lagos.’’
It will be interesting to follow up on what has happened to the EFCC intervention in the case of allegations of fraud leveled
against Gov. Fashola, by a body known as The True Face of Lagos , which led to the arrest, detention and eventual release of
one Dr. Tunji Olowolafe, a prominent contractor and friend of both Tinubu and Fashola. He was arrested in Lagos by
operatives of the EFCC following its investigation into allegations of financial crimes. Olowolafe, a medical doctor and owner
of Deux Projects Limited, whose company was used as front by the Lagos State governor to execute inflated contracts, was
arrested on Friday, April 23, 2010, after investigators discovered that 27 contracts were awarded the company from the state Ministry of Health and three from the Ministry of Education.
He was drilled for three days while in the anti-graft body’s custody and was believed to have made significant and useful
contributions to the EFCC efforts to unravel facts on the various allegations of corruption against Fashola, which also led to the invitation of Fashola himself and some members of his cabinet.
Despite the established fact that Deux Projects Limited collected more than N10 billion from the state coffers, nothing has
been heard of the case even in the face of damning confessions by Olowolafe to the EFCC while in their custody.
It is worrisome that the anti-graft body has failed to make public its findings over a year now after confirming that. (Contd in next post)
Posted on December 2, 2012, in News, Politics and tagged Ikeja, Ikoyi, Lagos, Lagos State, lion of Bourdillon, Metropolitan Club, Nigeria, Tinubu, Victoria Island. Bookmark the permalink. Leave a comment.