Politics

10 Accounts Linked To Tinubu In US, $460,000 Deducted As Tax – Keyamo

Published

3 years ago

November 10, 2022

Although 10 accounts were linked to All Progressives Congress (APC) presidential candidate, Bola Tinubu, by United States authorities in the early 90s, $460,000 were deducted from one of the accounts as tax on investments domiciled in US banks.

This was the submission of the Chief Spokesperson for the Tinubu-Shettima Presidential Campaign Council, Festus Keyamo, on Channels Television’s Politics Today programme on Wednesday.

He was commenting on the controversy surrounding a document recently released by the US District Court for the Northern District of Illinois said to have investigated Tinubu’s alleged involvement in narcotics and money laundering about 30 years ago.

The matter, which ended in a settlement, led to Tinubu’s forfeiture of $460,000 in one of the accounts linked to the former governor of Lagos State.

Keyamo said Tinubu took responsibility for all the 10 accounts because they were also traced to his mother and “relatives”.

He also said Tinubu was roped in the drug trafficking case of two Nigerians who once stayed in separate flats in the same building where the ex-governor stayed at a time in the US.

“He, Asiwaju, went to open an account, the address by which he opened the account was already used by these people…investigated for narcotics,” he said.

‘Not A Deliberate Act’
Keyamo further stated that Tinubu was an employee of Mobil Oil and not a treasurer of a drug cartel.

He explained that Tinubu deposited some funds in bank accounts in the US as investments and got returns on those investments.

The spokesman said the banks were supposed to deduct taxes from the investments but they did not and this was not a “deliberate act” on the part of Tinubu.

“The deposits he made there (in banks) are what bankers called investments; he kept the money there and he was getting interests. They (US government) said he had not paid tax on those interests. That is all and guess what? The banks are supposed to deduct the tax from source.

“Out of the 10 accounts, it was only one account – the one in Heritage Bank – that they took $460,000 as tax on interest that he benefited on the investment he made in those accounts.

“In fact, all the money in Heritage Bank was not taken; they took only $460,000 as tax,” said Keyamo, who is also the Minister of State, Labour and Employment.

‘PDP Went To The US To Dust Old Document’
Keyamo insisted that there was no criminal indictment or conviction against Tinubu, alleging that the opposition Peoples Democratic Party (PDP) was behind the reincarnation of the controversial court document.

“His (Tinubu’s) detractors kept bringing up these issues over and over when his political profile is rising, when he wants to run for office or any political turn in his life, they will bring up these issues,” Keyamo said.

“The date on the papers flying up and down, the date of certification is 2022, so they are using this to confuse people that these are fresh papers. If documents are 40 years old or 100 years old, once you go to court, and apply for certified true copies of those documents, they will give you those documents but they will stamp the day they are giving you those documents.

“This is what our detractors, the PDP, perhaps that is what they went to the US for when they pretended that they went for high-level engagement. This is part of the high-level engagement they went for.”

Tinubu, 70, is in the 2023 contest for Aso Rock’s top job alongside top contenders like PDP’s Atiku Abubakar and Peter Obi of the Labour Party in the contest many analysts have described as a three-horse race.
Channels

Politics

US-based Mathematics Professor Joins Osun Gov Race

Published

16 hours ago

June 5, 2025

Editor

A United States of America-based Professor of Mathematics, Rafiu Durodoye, has joined the race for the governorship ticket of the All Progressives Congress, promising to focus on education and quality healthcare delivery if elected governor.

Durodoye, an indigene of Osogbo, Osun State who was accompanied by many supporters, earlier met the members of the State Working Committee of the APC at the party’s State Secretariat in Osogbo on Wednesday.

Prof. Rafiu Durodoye
Speaking with journalists after the meeting, Durodoye expressed hope that APC would provide a platform for him to contest the poll.

“I am Professor Rauf Durotoye, a Professor of Mathematics at Dallas College for 37 years.
At this point in my life, I have to contribute my quota to the development of Osun State.

“I want to donate my knowledge, experience and wealth to the development of our youth. Our youth have no future, no mission, no goal, it is very sad.

“So I have to donate everything that I have in order to make Osun, not only a great state but also a model state that others will learn from in education, health care delivery, science and technology and economy empowerment, I can do it,” Durodoye said.

Commenting on the state of affairs in Osun APC, he commended the Minister of Marine and Blue Economy, Adegboyega Oyetola for providing leadership for the party in Osun.

He also lauded President Bola Tinubu, for the effort to stimulate the economy, saying the direction he is leading Nigeria will end in self and sustained growth.

Asked about his chances to get an APC ticket, the university don said, “I am very hopeful that the party will give me the ticket. I am here to provide service. No quality education in the state, we have to do something about it.”

Already, the Managing Director, National Inland Waterways Authority, Mr. Bola Oyebamiji, a security expert and lawyer, Mr. Dotun Babayemi and the chairman, Mutual Benefits Assurance Plc, Dr. Akin Ogunbiyi, have announced their interest in the APC ticket for the August 8, 2026 Osun governorship poll.
(PUNCH)

Politics

Osun APC, PDP In War Of Words After Adeleke, Tinubu’s Meeting

Published

18 hours ago

June 4, 2025

Editor

The Osun State chapter of the All Progressives Congress on Wednesday said Governor Ademola Adeleke should not bother to defect to its fold.

The party, which said there is no space for the Governor in the party, spoke through ex Speaker of Osun State House of Assembly, Timothy Owoeye, while commenting on the recent meeting the Governor, his nephew and popular Afrobeat star, David Adeleke popularly known as Davido, as well as, billionaire businessman, Dr. Deji Adeleke, had with President Bola Tinubu in Lagos.

The pictures taken during the meeting had generated diverse reactions and sparked rumour of Adeleke’s impending defection to APC.

But the spokesperson of the Peoples Democratic Party in Osun, Oladele Bamiji, said the APC members in the state are naive and arrogant by claiming sole ownership of the President.

Bamiji also said Osun APC expected Tinubu and Adeleke to fight, forgetting that both being leaders of the entire federation and a prominent unit of the country respectively would have reasons to meet and discuss issues around governance and politics.

He added, “Maybe because they feel that the definition of their own federal might is to use the opportunity of President Bola Ahmed Tinubu being the leader of the nation to financially strangulate the wheel of progress in Osun State.

“Maybe they forgot that, in a federal system of government, if there is a failure in Osun State, under normal circumstances, the ultimate effect of it should go to the President. Osun APC members are naive.”

Insisting that APC would not allow Adeleke to join the national ruling party, Owoeye, who declared that the APC ticket was not for sale, further noted, “I am saying this categorically that APC ticket is not for sale. As a matter of fact, as of today, we don’t see Adeleke as a member or part of APC as a party. Let me be sincere with you, the APC in Osun is the party to beat.

“I want to tell you that if not because of the fear of the unknown that is disturbing the Adeleke family and the PDP, they wouldn’t have been showing the intention of coming to the APC.

“We have been saying this times without number that APC in Osun, if not because of the brigandage that followed the 2022 election and that of 2023, we shouldn’t have had PDP as elected officials across the state.

“Now that the Adeleke family has seen that their tenure is already terminated, come August 08, 2026, we are driving away the PDP from the Osun government, and we want to appeal to our people to remain calm. There is no space for PDP or Adeleke in the APC.”

Buttressing Osun PDP opinion about Tinubu, Adeleke’s meeting, spokesperson for the governor, Olawale Rasheed, said his principal would not defect to any political party.

“He remains a bonafide member and leader of the People’s Democratic Party (PDP) in Osun state. The media speculation about likely or imminent defection is fake news. Governor Adeleke remains a member and leader of the PDP in Osun state.

“The visit by the Adeleke dynasty to President Bola Ahmed Tinubu is a routine courtesy visit. Any reading of defection agenda into the visit is mere fake news,” Rasheed said in a statement.

(PUNCH)

Politics

Anambra Governorship: INEC Publishes Final List, Announces Date For Campaign

Published

22 hours ago

June 4, 2025

Editor

The Independent National Electoral Commission (INEC), on Wednesday published final list of 16 candidates for Nov. 8 Anambra governorship election.

The commission stated that electioneering campaigns would begin on June 11.

Mr Sam Olumekun, INEC National Commissioner and chairman, Information and Voter Education Committee, disclosed this in a statement issued in Abuja.

Olumekun said that with the publication, no further withdrawal or replacement of candidates would be allowed, except in the event of death before the election date as provided by Section 34(1) of the Electoral Act.

He stated that 16 political parties uploaded the particulars of their candidates (Form EC9), by the deadline of 6 p.m. on Monday May 12, of which their personal particulars were recently published.

He noted that in line with the provision of Section 33 of the Electoral Act 2022, political parties were empowered to replace their candidates who voluntarily withdrew from the race.

“Accordingly, the African Democratic Congress (ADC), conducted a fresh primary election to replace its candidate while four political parties replaced their deputy governorship candidates.

“They are Accord (A), African Action Congress (AAC), Labour Party (LP) and the New Nigeria Peoples Party (NNPP).

“The deadline for the withdrawal and substitution of candidates was Monday June 2.

“Consequently, the commission hereby publishes the final list of candidates that will contest in the Nov.8 2025 Anambra governorship election.

“Sixteen out of the 19 registered parties are participating in the election out of which the African Action Congress (AAC) and the National Rescue Movement (NRM) have nominated female candidates, while six parties are fielding female running mates.

“They are Accord (A), All Progressives Congress (APC), Action Peoples Party (APP), Boot Party (BP), Labour Party (LP) and Zenith Labour Party (ZLP).

“No party has nominated a person with disability as a candidate. In terms of age, the candidates’ ranged between 36 and 71 years,” he said.

The News Agency of Nigeria (NAN) reports that some of the candidates according to the publication include Charles Soludo of APGA, Eze Nwafo Jude of PDP, Nwosu John of ADC, Ukachukwu Nicholas of APC and George Mogbalu of LP.

Olumekun said that the full list of the candidates by party, age, gender and academic qualifications had been uploaded on the commission’s website and social media platforms for public information.

He also disclosed that the in line with Section 94(1) of the Electoral Act 2022, political parties were at liberty to start their electioneering campaigns in public from Wednesday June 11 and end at midnight on Thursday Nov. 6.

Olumekun, however, warned political parties, candidates and their supporters against unlawful use of abusive language, physical attacks on opponents during rallies, processions and meetings or destruction of campaign materials.

These acts according to him are against Sections 92 and 93 of the Electoral Act 2022.

“Similarly, all parties and candidates must be given unimpeded access to public facilities for media campaign, outdoor advertising as well as public rallies and meetings.

“For the avoidance of doubt, Section 95(2) of the Electoral Act 2022 prohibits the use of incumbency to the advantage or disadvantage of any party or candidate,” he said