Funds linked to Tinubu in US not proceeds of drug deals — Campaign Council

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The Presidential Campaign Council of the All Progressives Congress (APC) says the funds linked to it’s presidential candidate Bola Tinubu in the United States were not proceeds of drug deals.

Tinubu had been accused of drug deals since his emergence as the flagbearer of the ruling party.

However, a certified true copy of a settlement order issued in 1993 by a court in the US on forfeiture of funds in bank accounts linked to one “Bola Tinubu” surfaced on social media on Tuesday.

In the document, the court declared that the said funds were proceeds of drug trafficking.

In his reaction, the spokesperson of the campaign council Festus Keyamo, on a television programme, insisted that the funds, about $460,000 were tax deductions.

He said: “Look at paragraph 38 of the said document. They said it is tax. The US authorities took what belonged to them.

“They (US) found money in Tinubu’s accounts and they asked him to come forward to clear the matter.

“In that affidavit of Kevin Moss, they interviewed Mobil and Mobil said this man is a treasurer in Mobil. Mobil said the funds are not for them.

“They confirmed his status not as a criminal but as a respected employee of Mobil. It is in that affidavit.

“After all the rigamarole trying to find out whether the accounts where the money came from are linked to drugs, they came to the conclusion that the deposits he made are what bankers called investments. They said he had not paid tax on these interests and that settled the matter.”

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