A former Managing Director of Alpha Beta LLP, Mr. Dapo Apara, has filed a suit before a Lagos State High Court asking it to stop a former Governor of Lagos State, Bola Tinubu, from controlling the finances of Alpha Beta.
In the suit filed by Mr Ebun-Olu Adegboruwa (SAN) on behalf of Apara on Wednesday, the former MD alleged that Tinubu controls Alpha Beta, a tax consulting firm that monitors and generates revenue on behalf of the Lagos State Government.
The ex-Alpha Beta boss had in 2020 filed a suit before the court but withdrew it before filing it a second time after making amendments.
Apara, who had in 2018, written a petition to the Economic and Financial Crimes Commission accusing Alpha Beta of tax fraud, asked the court to compel the firm to pay him his entitlements even as he alleged that Tinubu was the one that got him removed from his position as MD for investigating the firm’s finances.
Apart from Tinubu, others named as defendants in the suit included Alpha Beta and the current Managing Director, Mr Akin Doherty, who is also a former Commissioner for Finance in Lagos State.
The claimant is seeking eight reliefs including “A declaration that the 2nd defendant (Tinubu), not being a named partner of the 1st defendant (Alpha Beta), is not entitled to direct or influence the affairs of the 1st defendant in such a way that will deprive the claimant (Apara) of his profits and entitlements from the 1st defendant.
“An order directing the defendants herein, to render an account of all sums due to the claimant from the defendants, from 2010 to date (and) an order tracing all funds and assets due to the claimant from the defendants herein from the inception of the 1st defendant till date.
“An order of specific performance of Clause 8 and 11.0 of the partnership agreement that created the 1st defendant by extant partners; an order for payment to the claimant by the 1st and 3rd defendants, of all sums adjudged to be due to the claimant from the said 1st and 3rd defendants on the submission of the accounts.
“A perpetual injunction restraining the 2nd defendant (Tinubu), from directing, influencing or in any other manner running the affairs of the 1st defendant (Alpha Beta) in such a way that will deprive the claimant of his profit and entitlements from the 1st defendant (Alpha Beta), the 2nd defendant not being a partner of the 1st defendant.
“Ten per cent interest in ruling (5) above; and cost of this suit of N10m.”
In the statement of claim, Apara also narrated how Alpha Beta was allegedly formed in 2002 when Tinubu was still the governor of Lagos State.
The claimant said he was the one who came up with the idea of a consulting firm to help the state government to track and reconcile taxes.
“The claimant (Apara) avers that sometime in about the year 2000, he solely conceived, prepared and presented a proposal to the Lagos State Government on providing consultancy services using his registered firm, Infiniti Systems Enterprises, with respect to using computer technology to track and reconcile the Internally Generated Revenue of the state.
“The claimant avers that following the presentation of his proposal to the Lagos State Government, the second defendant (Bola Ahmed Tinubu) who was at the time the governor of Lagos State, demanded that 70 per cent equity interest in the project be assigned to a certain Olumide Ogunmola on his (Tinubu’s) behalf before he, the second defendat, would approve the project,” Apara said in his statement.
The former Alpha Beta boss claimed Tinubu nominated Adegboyega Oyetola and one Olumide Ogunmola.
He said due to the technological innovation that was deployed by him, the IGR of the state grew from N10bn per annum in 2002 to N300bn in 2019.
The claimant stated that in 2010 or thereabout, Tinubu directed that the incorporation structure of the Alpha-Beta Consulting Ltd be changed from a limited liability company to a limited liability partnership under a newly promulgated law in Lagos State.
He said the aim of the move was to shield Tinubu’s involvement from public scrutiny.
Apara said as the head of the company, he began looking into its finances and he made many startling discoveries such as mysterious transfers of over N20bn in different currencies to several companies.
The former Alpha Beta boss said he realised that all the payments were sanctioned by the partners nominated by Tinubu and they were done without his knowledge, contrary to the terms of their partnership.
Apara stated that Tinubu was furious that he was looking into the company’s finances and ordered that he be demoted to deputy managing partner.
He said he refused to obey this order and this led to a feud between the both of them.
No date has been fixed for the hearing of the suit.
Both Tinubu and Alpha Beta had last year described Apara’s allegations as spurious.
The company had alleged that Apara was relieved of his position because he was involved in fraud.
A statement by the firm read in part, “The fact is that Dapo Apara began making his untrue allegations in the aftermath of his removal as Managing Director of Alpha Beta for fraud and unethical practices.
“While he was MD, Apara used his position to siphon huge sums of money from the company including but not limited to fraudulently converting $5m; money allegedly used to pay for cloud-based services that were eventually discovered to be worth less than $300,000.
“In July 2018, further evidence of his fraudulent and unethical practices was uncovered, including the revelation that he converted approximately N6bn belonging to Alpha Beta to his personal use.”
Van Vicker Finally Bags Varsity Degree — 24 Years After Secondary Education
The 43-year-old movie director, who is a renowned face in Nollywood, took to his Instagram page to recount the touching tale of his educational journey.
He said while his secondary schoolmates were enrolling at the tertiary institution in 1997, his single mother couldn’t afford to send him to school.
He also accompanied the post with a photo in which he could be seen wearing a graduation robe of the African University College of Communication (AUCC).
Vicker said he bagged first-class honours in Strategic Communications and was named the overall best in his set.
“21 years later, here I stand before you with 3 achievements during my graduation; to God be the glory. 1. 1st class honors. 2. Best Student in Strategic communication. 3. Best Communication Student Award,” the actor wrote.
“The above is within the context of my 2021 post on social media and is in no way presumptuous but uprightly to inspire. I could not enroll at a tertiary institution in 1997 because my single mother did not have the funds.
“If free SHS was available back in the day, most likely I would have graduated in 2000/2001. My career took off and I have been blessed but as someone who relishes education getting that degree was just a matter of time.
“I complete my Masters program this December and I am sorely motivated and committed to going even beyond, God willing. I thank all those who supported me and are supporting me during this journey.”
Vicker has appeared in hundreds of films including ‘My Soul Mate’, ‘Heart of Fire’, ‘Popular King’, ‘Gambling with Marriage’, ‘Harvest of Love’, ‘Stolen Will’, ‘The Joy of a Prince’, ‘Discovered’, ‘The Kingdom’ and ‘Against The Law’.
Hushpuppi Pleads Guilty To Fraud
United States Department of Justice (DoJ) in a statement on Wednesday said court documents show that Abbas, a 37-year-old Nigerian national, pleaded guilty on April 20.
A version of Hushpuppi’s plea agreement filed late Tuesday outlines his role in a school finance scheme, as well as several other cyber and business email compromise schemes that cumulatively caused more than $24 million in losses.
Acting United States Attorney Tracy L. Wilkison said Hushpuppi allegedly faked the financing of a Qatari school by playing the roles of bank officials and creating a bogus website in a scheme that also bribed a foreign official to keep the elaborate pretense going after the victim was tipped off.
Wilkison stated that Hushpuppi played “a significant role in the scheme, funded his luxurious lifestyle by laundering illicit proceeds generated by con artists who use increasingly sophisticated means.”
Kristi K. Johnson, the Assistant Director in Charge of the FBI’s Los Angeles Field Office said Hushpuppi “among the most high-profile money launderers in the world, has admitted to his significant role in perpetrating global BEC fraud, a scheme currently plaguing Americans.
“His celebrity status and ability to make connections seeped into legitimate organizations and led to several spin-off schemes in the U.S. and abroad,” Johnson said in the DoJ statement.
Hushpuppi and members of his gang were arrested while sleeping at their Dubai residences in June 2020.
The Nigerian fraudster was arrested along with Olalekan Jacob Ponle, also known as Woodberry and 10 others.
Mother Of 10 Loses 48 Years Marriage Over Denying Husband Sex
An Igando Customary Court in Lagos, on Wednesday, granted the request of her estranged husband, Mojidi, to dissolve the union.
The court president, Mr Adeniyi Koledoye, said that since the petitioner insisted on divorce after several interventions, the court was left with no option other than to grant him his prayer; and pronounced the union dissolved.
“The court hereby pronounces the marriage between Mr Mojidi Osho and Mrs Tolu Osho dissolved yesterday.
“Both of you henceforth cease to be husband and wife.
“Each of you should go his or her separate ways unmolested; the court wishes both of you well in your future endeavours,” Koledoye asserted.
The president ordered the petitioner to pay N250,000 to his wife as a severance fee and also pay another N250,000 for her to get a new accommodation.
The petitioner, a 72-year-old mechanic, Mr Mojidi Osho, had earlier told the court to nullify his marriage because his wife was denying him his conjugal right to sleep with her.
“The last time my wife allowed me to sleep with her was 10 years ago.
“I am starving seriously, but whenever I come home with my girlfriends, she will chase them away,” Osho said.
The septuagenarian also accused his wife of threatening to kill him so that she can inherit his property.
“My wife wanted to kill me; she has been feeding me with poison.
“There was a day I fainted and was rushed to the hospital and it was detected that I ate poison.
“I thought I will not survive it, but God saved me and I stopped eating her food,” he said.
The embattled man said his wife was a witch who kept attacking him in the spiritual realm.
“On two occasions, she shot arrows at me in my sleep which led to sicknesses, but God healed me.
“She also buried charm in my workshop and customers stopped patronising me.
“My wife made me impotent, but I survived it after spending huge amounts on hospital and herbal treatment,” he claimed.
“Tolu makes my life miserable, I would have gone far in life if I have not married her.
“I regret the day I met her and I wish I can turn back the hand of the clock,’’ Osho said.
According to him, Tolu stopped washing his clothes 27 years ago; h,e therefore, begged the court to end the marriage to save him from committing murder.
Responding to the allegations, the 68-year-old trader, Tolu, said that she denied her husband sex for only four years not 10 years as he claimed.
“I stopped him from making love to me four years ago when he started bringing different girls home to sleep with, after which he will want to sleep with me; so I refused him,” she stated.
The mother of 10 children denied threatening her husband’s life or attempting to kill him through poisoning.
“I did not poison my husband’s food since 1973 when we got married, is it now that I will poison him?
“He is just looking for excuses to discard me; he came to this court to divorce his second wife, now he wants to also divorce me so that he can marry a new wife,” Tolu said.
According to her, Osho is fond of invoking curses on their children, which is affecting their lives now.
The respondent begged the court not to grant her husband’s wish for the dissolution of their marriage, saying she still loved him
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