Asiwaju Bola Ahmed Tinubu - Nigeria Politics

The Economic and Financial Crimes Commission (EFCC) on Thursday declined comments about whether it had launched an investigation to find out how former Lagos governor, Bola Tinubu, came about the bullion vans that drove into his home in February. Nigerians have mounted pressure on the anti-graft office to open money laundering probe against Bola Tinubu, after the ruling APC party chieftain was seen on February 22 receiving at least two armoured vehicles believed to be bearing cash. The development raised controversies because it came a day to the presidential election on February 23. Mr Tinubu is a senior leader of the ruling All Progressives Congress (APC), and a strong ally of President Muhammadu Buhari, who was seeking reelection at the time. Critics said there was no doubt the vehicles were conveying cash to bribe voters with, especially since such trucks are used in Nigeria almost exclusively to convey cash by banks, government institutions and cash-in-transit firms. Mr Tinubu’s action was widely deemed contrary to Nigerian anti-money laundering laws, which places a cap of N5 million ( about $14,000) on cash handling by individuals. The former Lagos governor admitted the next day that the bullion vans were conveying money to his house, but he defended his action as out of public’s interest because he was not a government official. Transparency deferred Many Nigerians expected the EFCC to investigate the incident for possible violation of Nigerian laws. But the anti-graft office has declined to comment on the matter — and there is…

Here’s why you should get Politicoscope premium articles:
– Exposing the secrets and dark sides of people in power: corrupt politicians, abusive police officers, and more.
– Empowering the voiceless by offering a free platform for them to express themselves.
– Enjoy Politicoscope exclusive content all day, all year unlimited access on multiple devices.


Subscribe to New Stories

Subscribe to our daily curated newsletter to receive latest Politicoscope news delivered to your email inbox.

* Unlock premium articles. Sign Up or Log In.

* Best of all: Get unlimited premium content with less on-site advertising. Limited time offers. Cancel anytime.
Log In Sign Up

Did you find this helpful and informative?

Thank you for visiting Politicoscope.com. Get our hottest stories delivered to your inbox.

Donate now to help us provide more story like this.




* Here are other donation options for you. Please note that your donation is for the Politicoscope Standard News category. For Premium News readers, you can register here today.
You May Also Like:   Nigeria's Obasanjo to West African Governments: Decriminalise Drugs

Comments are closed, but trackbacks and pingbacks are open.