Dele Alake reveals how Tinubu made his money
As many people continue to disagree on how presidential candidate of the All Progressives Congress, Bola Ahmed Tinubu, made his money, one man has reveled another angle to the story.
The man is the director of strategic communication in the APC presidential campaign council, Dele Alake, who said Tinubu made his money from buying stocks in blue chip companies.
Alake, speaking in an interview on Channels TV on Sunday, said he knew Tinubu to have been spending money even before he became a senator in 1992.
“I knew him to have been spending money ever before he got to office. In 1991, he was going into politics, he contested a senatorial election — Lagos west — and he won,” he said.
“Most Nigerians know that contesting elections in Nigeria is not a child’s play. Paupers don’t contest elections. How much more a senatorial election?
“He must be a man of some means. In fact, before then, he had been contributing to political organisations and causes before he took up the gauntlet and went into the senate.
“He polled the highest number of votes nationwide in that senatorial election of that year and became a senator in 1992.
“Fast forward to 1993, we started the June 12, he was in the Yar’Adua’s caucus — the Peoples Font — within SDP at that time. He was also funding. He was not a pauper.”
Alake said those questioning Tinubu’s source of wealth are expressing the “hatred” they have for the former Lagos governor.
“What I know is that right from his days in the corporate world, he has been trading in stocks even in foreign currencies,” he added.
“He has been buying stocks, bonds and all of that. I’m not a finance person. I’m not going to be interested in the nitty-gritty of it all.
“But I know he has been trading in stocks. He was buying stocks of blue chip companies and all of that. He was making money and spending money. He has been doing all of these years before he got to office.
“Why people are querying his source of wealth is because he had been a successful governor of Lagos and a successful politician even after office.
“He is about the only one of the class of 1999 who is at that enviable height, politically. He is bound to attract all of these negative comments.”
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