Controversies Trail Seyi Tinubu’s Corruption-Linked Mansion Bought For $10.8m In UK

Reactions have continued to trail the report on the purchase of a Mansion in London by son of Nigerian president-elect, Seyi Tinubu.

The report credited to Bloomberg and widely circulated on Nigerian traditional media has continued to generate ceaseless arguments on social media.

According to the report, Aranda Oversea Corp, a company belonging to Seyi Tinubu purchased the mansion which the Economic and Financial Crime Commission had initially confiscated from its first owner, Kolawole Aluko.

The mansion was seized from Aluko on the basis that it was procured with the proceed from crime.

The property was however said to have now been purchased by Seyi, who is the son of the President-elect, Bola Tinubu, for £9 million ($10.8 million) through the company in which he has majority shares in 2017, according to the report.

“At the time of the purchase, Nigeria’s government was seeking to arrest the house’s former owner, accusing him of going on the run while owing the country an oil-trading debt worth more than $1.5 billion.” report says.