Fashola And His Predecessor, APC National Leader Tinubu
Extracts from THISDAY Advertorial and AIT Documentary on Some of What Tinubu/Fashola Are Accused of Appropriating
“The largest landlord in Lagos has done as he pleased, and the rest of the state just has to deal with it. To start with, 4, Oyinkan Abayomi (formerly Queens) Drive, Ikoyi: A 5-bedroom detached house on one acre of land which was originally the Lagos State governor’s guest house since 1979, now belongs to Tinubu. The certificate of occupancy of the property valued at N450 million was signed and released to him by Fashola in 2007 shortly after he resumed office.
“Tinubu’s residence at No 26 Bourdillon Road, Ikoyi was initially falsely presented as an Oando Plc guest house. Later, he purportedly bought it from Oando, and used public funds to rebuild and renovate it. The Lagos State Government bought the property and paid an undisclosed sum to him and thereafter gave the property back to him under the bogus Pension Act he signed into law shortly before he left office in 2007. The property is worth over N600 million.
“The annex of the Lagos State Guest House in Asokoro, Abuja was bought by the state government in 2006 for N450 million, purportedly to protect the main house from a security breach. Shortly after Tinubu left office, the property was transferred to him under the pension plan he signed into law before leaving office.
“The 250-hectare land valued at about N35billion and strategically located at the Ajah junction on Lekki road was initially meant for a general hospital for the people of Eti-Osa Local Government but was allegedly acquired by Tinubu and handed over to Trojan Estate Ltd – a company owned by Deji and Wale Tinubu – to develop as Royal Garden Housing estate at the expense of the taxpayers of Lagos.
“The 1,000 hectares of land valued at about N75billion located at Lakowe near Abijo at Ibeju-Lekki Local Government Area and given to Lekki Concession Company (LCC) which is allegedly partly-owned by Tinubu and Fashola and is being developed as a golf course and housing estate by Assets and Resource Management Ltd (ARM) as ADIVA project.
“The prime land of 157 hectares with 2.5km of Atlantic beachfront valued at about N10 billion and purportedly stolen by Tinubu from the communities of Siriwon, Igbekodo, Apakin, etc., in Ibeju-Lekki Local Government Area and given to Ibukun Fakeye, his alleged crony, to build a golf course and luxury villa with little or no compensation to the villagers. In addition, Tinubu was alleged to have to paid $20million (N3 billion) out of the public treasury to Ibukun Fakeye to commence the project in late 2006. Fashola has since released additional funding for this project, which is not owned by the state government.
“The 14-hectare Parkview Ikoyi estate foreshore land reclaimed by Lagos state government is now purportedly owned by Tinubu. While in office, he purportedly allocated to himself the former Strabag yard beside the Lagos State secretariat at Alausa, Ikeja. The property has now been developed into a shopping mall as big as the Palms in Lekki. This is a public property brazenly stolen and now allegedly owned by Tinubu, aided by Fashola.
“The choice property at Lekki-Epe road on which he built and owns the multi-billion naira Oriental Hotel and the extension of multi-level recreation centre by Mobil in Oniru Estate on Lekki-Epe road jointly owned with ARM and Tunji Olowolafe. All these assets valued at over N25 billion were allegedly obtained without paying a kobo to the Lagos State Government.
Tinubu raised a loan of N4.7billion on Eko Akete project for which nothing was achieved before he turned around to sell the property to his Chagouri friends of Chagouri & Chagouri and Hitech Construction Ltd at a ridiculously low price at the expense of the taxpayers of Lagos. Tinubu applied to personally purchase the federal secretariat building while in office. When he couldn’t get to buy it, he directed Fashola to stop the eventual owner of the complex from developing it. The complex is presently wasting away, courtesy of the Lagos State Government.
“It took several months of horse trading and underhand payments before Fashola could allow the new owners of 1004 flats to redevelop the complex (Wole Babalakin). 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.
The Critical Care Unit of Lagos State University Teaching Hospital (LASUTH) in Ikeja, built and equipped with state funds, is now owned personally by Tinubu. He has put Dr. Sikiru Tinubu, (a supposed cousin of his) to run the outfit. It is run as a private unit and proceeds are pocketed by the duo…”
Source News Express
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