On social media, Nigerians have reacted to news suggesting that Seyi Tinubu, the son of president-elect Bola Tinubu, purchased a London property that had previously been held by Kolawole Aluko, whom the Nigerian government was investigating for fraud. Aluko is accused of defrauding Nigerian financial institutions.
According to Bloomberg, Seyi is rumored to have paid $10.8 million through his company to purchase the mansion in 2017.
According to the article, the property was part of one of the largest corruption scandals that the administration of President Muhammadu Buhari was attempting to investigate. The property had been acquired by Seyi’s firm.
According to the international news outlet, the documents demonstrate that Seyi, who is 37 years old, is “the main shareholder of Aranda Overseas Corp., an offshore company that paid £9million ($10.8 million) to Deutsche Bank for the property in north London in late 2017.”
According to the article, the exclusive three-story property located in St. John’s Wood, which is a neighborhood that is popular among American bankers, is outfitted with an eight-car driveway, two gardens, electric gates, and a gym.
In addition, it was stated that the records did not provide any evidence that Tinubu was personally involved in the purchase of the house in the United Kingdom in 2017, and it was mentioned that Buhari had visited him there in August of 2021.
According to Bloomberg, a spokeswoman for Tinubu and Seyi did not respond to emails, phone calls, or text messages requesting comment on their behalf. In addition, it was reported that a British attorney who was designated as Aranda’s agent in the UK declined to comment on the matter, citing confidentiality regulations.
The reports have prompted responses on social media, with many users criticising the Buhari government for selling the property while it was still the subject of an inquiry.
“Seyi Tinubu is busy buying a $11 million house in London,” said @AfamDeluxo on Twitter. “Meanwhile, the unemployable agbado miscreants are screaming Yoruba ronu on Twitter, begging for giveaways, abusing Obidients for attempting to save them, and crying over an Igbo babe driving a train in Lagos.” “Nah, thunder fire, all-purpose carrier.”
Chief Ikukuoma commented that “Yoruba Ronu group of company hope Seyi Tinubu included your name in the 11 million dollars property purchase in UK abi you are sticking with Airtel free data and Etisalat 100 naira data subscription.”
Elon penned the following in his essay: “If Seyi Tinubu, who is just 31 years old, 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?”
Emma ik Umeh (Tcee) tweeted that “We’re in trouble in this country, Seyi Tinubu bought Kola Aluko’s mansion,” which is the same mansion that the government of Buhari intended to take. The fact that they did not take out a mortgage is the most surprising aspect. $11m. The next year, in 2021, Buhari paid a visit to Tinubu at the same mansion.
Even though the bank had already foreclosed on the property, according to what Ayobami said, “Seyi Tinubu bought Kola Aluko’s mansion that the Buhari Government wanted to seize.” Cash in hand There is no mortgage. $11m. Where does the money come from? The next year, in 2021, Buhari paid a visit to Tinubu at the same mansion.
