Oluwaseyi Tinubu, the president-elect Bola Ahmed Tinubu's son, has been connected to a fraud probe by the federal government with the purchase of a London house.
According to Bloomberg, Seyi purchased the mansion in 2017 for $10.8 million using his company's name.
Reports has it that the mansion is a private three-floor residence in St. John’s Wood — a district favored by American bankers — equipped with an eight-car driveway, two gardens, electric gates and a gym.
Although President Muhammadu Buhari visited Bola Tinubu there in August 2021, nearly four years after the property was bought, Bloomberg reported that it is unclear whether the president-elect was involved in the 2017 purchase of the UK property.
For the first time, according to corporate documents obtained by Bloomberg, Oluwaseyi, a 37-year-old son, is the primary stakeholder of Aranda Overseas Corp., an offshore entity that in late 2017 paid Deutsche Bank £9 million ($10.8 million) for the house in north London.
This news comes as Bola Tinubu gets ready for his May 29 inauguration as president of Nigeria.
Many people have registered their displeasure and shock after the news broke demanding that today would be a good day for Seyi to be arrested as all evidents points to him.
See comments here:
emmaikumeh: "We’re im trouble in this country, Seyi Tinubu bought Kola Aluko’s mansion the same mansion Buhari’s Govt wanted to seize. The shocking part is that they paid cash No mortgage. $11m. Buhari then visited Tinubu at the same Mansion in 2021."
Harmless12345: "How did Seyi Tinubu acquire the $11 million dollars he used to purchase a mansion in London? And I'm here shouting Yoruba ronu, defending his ailing papa while guy man is balling big with our money. Thunder fire una, fire propaganda. Nonsense party. Can you imagine?"
urchilla01: "So, 6 years ago, while Seyi Tinubu was still 30 years old, he was able to afford a N7.5B cash payment for a house in London. A house that was lined up for seizure by the Buhari administration due to corruption ties was suddenly bought over by Tinubu's son, & he paid IN CASH!"
JeffreyGuterman: "Today would be a good day for Seyi Tinubu, Bola Tinubu's son, to be arrested: Seyi Tinubu paid $11 million for a London property that the Buhari administration seized from Diezani ally Kola Aluko "
elonchorch: "If Seyi Tinubu who is just 31 can spend 8.1 Billion Naira to buy a property in the UK, what value system are we promoting as a nation and why shouldn't other youths be involved in many forms of illicit money-making to match up?"
AfamDeluxo: "So, Seyi Tinubu’s son bought an $11 million London mansion that was meant to be confiscated by the Fed govt of Nigeria in London and everyone is calm. Just imagine if it was Peter Obi’s son, Nigerian media, including Channels tv built on corn would have been having a wankfest"
Check tweets below:
In a lawsuit filed by former Alpha Beta MD, Dapo Apara, he had alleged that Alpha Beta paid N500m ($2.7m at the time) to some "Aranda Resources" in 2015. Bloomberg now reports that Seyi Tinubu owns Aranda resources, which purchased the $11m mansion in London ???????????? we're finished pic.twitter.com/tk5rDg7JXS
— KWEKU THE HUSTLER, COMMANDER OF THE HEADLESS MOB (@urchilla01) May 2, 2023
So, 6 years ago, while Seyi Tinubu was still 30 years old, he was able to afford a N7.5B cash payment for a house in London.
— KWEKU THE HUSTLER, COMMANDER OF THE HEADLESS MOB (@urchilla01) May 2, 2023
A house that was lined up for seizure by the Buhari administration due to corruption ties was suddenly bought over by Tinubu's son, & he paid IN CASH! pic.twitter.com/l6BFXkhgAM
