• Home
  • About Us
  • Contact
Saturday, May 16, 2026
News On Spot
  • Home
  • News
    EFCC-Blessing CEO

    EFCC Arraigns Blessing CEO Over Alleged N36m Fraud in Lagos…

    Lagos State Governor-Sanwo-Olu

    Lagos Raises Property Transaction Charges as Land Costs Surge Across Prime Areas…

    Saleh Mamman

    Former Power Minister Saleh Mamman Jailed 75 Years Over ₦33.8bn Fraud Case…

    OHCSF

    OHCSF Clarifies Reports on 40% Allowance for Civil Servants…

    Lagos State Government

    Lagos to Launch State Driver’s Licence Scheme Soon…

    Dandutse

    Senator Dandutse Condemns Xenophobic Attacks on Nigerians in SA…

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Business
  • Entertainment
    • All
    • Gaming
    • Movie
    Alex Ekubo

    Nollywood Star Alex Ekubo Dies at 40 After Reported Battle With Cancer…

    AMVCA

    AMVCA 2026 Celebrates Africa’s Best in Film and Entertainment…

    BBNaija

    Big Brother Naija Season 11 Auditions Set to Begin Soon…

    Cecilia Obi-Kechere

    Nollywood Mourns Veteran Actress Cecilia Obi-Kechere (Miss Koi Koi)…

    Lateef Adedimeji

    Video:;Lateef Adedimeji, Wife Adebimpe Oyebade Welcome Triplets…

    Solomon Akiyesi

    Nollywood Mourns Actor Solomon Akiyesi’s Sudden Death…

  • Health
  • Lifestyle
    • All
    • Food
    • Travel
    Bianca Odumegwu-Ojukwu

    Bianca Odumegwu-Ojukwu Celebrates Twins’ Birthday with Love…

    UK Visa

    UK Raises Visa, ETA Fees for Tourists, Students, Workers from April 2026…

    eVisa

    UK Moves Fully Digital: Paper Visas Scrapped as eVisas Launch February 25…

    ESHDC

    Enugu Housing Corporation Opens New Estates, Offers Discounted Plots to Homebuyers and Investors…

    Salary

    10 Smart Ways to Make Your Salary Last All Month…

    “How was your night?”

    Why “How Was Your Night?” Isn’t Always the Right Greeting – And What to Say Instead…

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Politics
  • Sports
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    MultiChoice

    Is DStv Too Expensive? Nigerians Ditch Pay TV Over Price Hikes…

    Microsoft

    Microsoft To Shut Down Lagos Centre, 200 Jobs At Risk…

    Multichoice

    DSTV Price Hike: More Nigerians Consider SLTV, Others…

    NIMC

    Guide On How To Register For & Use The New 2024 NIMC Self Service Portal…

    Mobile Data

    Reasons Why Your Mobile Data Ends Quickly…

    Elon Musk

    Elon Musk Unveils New Name, Logo For Twitter…

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • News
    EFCC-Blessing CEO

    EFCC Arraigns Blessing CEO Over Alleged N36m Fraud in Lagos…

    Lagos State Governor-Sanwo-Olu

    Lagos Raises Property Transaction Charges as Land Costs Surge Across Prime Areas…

    Saleh Mamman

    Former Power Minister Saleh Mamman Jailed 75 Years Over ₦33.8bn Fraud Case…

    OHCSF

    OHCSF Clarifies Reports on 40% Allowance for Civil Servants…

    Lagos State Government

    Lagos to Launch State Driver’s Licence Scheme Soon…

    Dandutse

    Senator Dandutse Condemns Xenophobic Attacks on Nigerians in SA…

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Business
  • Entertainment
    • All
    • Gaming
    • Movie
    Alex Ekubo

    Nollywood Star Alex Ekubo Dies at 40 After Reported Battle With Cancer…

    AMVCA

    AMVCA 2026 Celebrates Africa’s Best in Film and Entertainment…

    BBNaija

    Big Brother Naija Season 11 Auditions Set to Begin Soon…

    Cecilia Obi-Kechere

    Nollywood Mourns Veteran Actress Cecilia Obi-Kechere (Miss Koi Koi)…

    Lateef Adedimeji

    Video:;Lateef Adedimeji, Wife Adebimpe Oyebade Welcome Triplets…

    Solomon Akiyesi

    Nollywood Mourns Actor Solomon Akiyesi’s Sudden Death…

  • Health
  • Lifestyle
    • All
    • Food
    • Travel
    Bianca Odumegwu-Ojukwu

    Bianca Odumegwu-Ojukwu Celebrates Twins’ Birthday with Love…

    UK Visa

    UK Raises Visa, ETA Fees for Tourists, Students, Workers from April 2026…

    eVisa

    UK Moves Fully Digital: Paper Visas Scrapped as eVisas Launch February 25…

    ESHDC

    Enugu Housing Corporation Opens New Estates, Offers Discounted Plots to Homebuyers and Investors…

    Salary

    10 Smart Ways to Make Your Salary Last All Month…

    “How was your night?”

    Why “How Was Your Night?” Isn’t Always the Right Greeting – And What to Say Instead…

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Politics
  • Sports
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    MultiChoice

    Is DStv Too Expensive? Nigerians Ditch Pay TV Over Price Hikes…

    Microsoft

    Microsoft To Shut Down Lagos Centre, 200 Jobs At Risk…

    Multichoice

    DSTV Price Hike: More Nigerians Consider SLTV, Others…

    NIMC

    Guide On How To Register For & Use The New 2024 NIMC Self Service Portal…

    Mobile Data

    Reasons Why Your Mobile Data Ends Quickly…

    Elon Musk

    Elon Musk Unveils New Name, Logo For Twitter…

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
News On Spot
No Result
View All Result
Home OPINION

DAPO APARA: BLACKMAILER OR A FUGITIVE ON THE RUN? By: Dr. Kehinde Alao P.hd….

newsonspotadmin by newsonspotadmin
November 12, 2020
in OPINION
Reading Time: 5 mins read
0

I am not a fan of Asiwaju Bola Ahmed Tinubu. This is not personal. Without apology, my distrust and dislike for Nigerian politicians is almost a blanket one. Call it guilty by association or what have you, I am simply disappointed that successive governments since inception of our democratic experience, and this include the frontline politicians and leaders of the key parties that have had the privilege of being in power, have not done enough to address the fundamental needs of the people.

Granted that our challenges are many within the context of a developing nation, yet there is a consensus that considering our God-given resources, our people should have fared better than being listed among the poorest of the poor were our politicians to be less self-serving!

This said, I have been following the ceaseless barrage of the so-called “damning” releases by one Dapo Apara, former Managing Director of Alpha Beta Consulting who fell out with his old company and now appears to have sworn to “a fight to finish” with his former principal. Sadly, but not unexpectedly, it is my opinion that Mr Apara’s onslaught is now a cannon folder that serves the convenience of political opponents and those who would give anything to see the preeminent political stature of Tinubu tainted in one form or the other.

Ordinarily, it would not have mattered to me when politicians begin to get at each other’s jugular, using all manner underhand tactics. Afterall, that’s a clique of people we all love to hate. So, it would have been convenient, indeed cheap to join the bandwagon of those chorusing “Crucify him, crucify him”. But, the more I pay attention to these stories put out by Apara, the inexcusable gaps I see lead me to a conclusion: this is not just a grudge fight, it’s looking more and more like a hatchet man’s job.

At best, Apara is a turncoat who appears to have sworn to swim or sink with his deep grudges, and if that requires mixing facts and lies together, so be it. Afterall it’s all a fair game in war. At worst, he is a manipulator, who is playing on the usual predilection of the public to swallow any dirt about their leaders, whether same have enough credible foundation or not.

First, let me state clearly here my position from the standpoint of corporate best practices and the integrity of management. As an entrepreneur, I find it totally unethical that a man who once held the highest position in a company, whatever may have gone wrong, would seek to exploit that priviledge to bring down his erstwhile boss or partners with information he assumed would be considered true on its face value just because it was coming from a former insider. In part, here you are talking about fraudulent transactions most of which took place within the period you were the CEO on whose desk all decisions stopped. It was not on record that you resigned on principle. Neither have you denied the report that you were relieved of your position (for what the company is accusing you of large-scale misappropriation) what does that make you?

The latest efforts in this mudslinging was published in the People’s Gazeette – an online platform that featured a story that had all of Apara’s imprimatur. The title was: EXCLUSIVE: Bank documents expose how Tinubu’s Alpha Beta moved billions with internet fraud Syndicate. Credited to one Hilary Essien, the rider reads: “The controversial Lagos tax Contractor moonlights as a conduit for large volumes of unexplained transactions, its bank records show”
I read through the piece and came off with the impression that this publication was meant to mislead readers. With the case in court as confirmed by this and other publications, perhaps the principal targets have been restrained in their responses or refused largely to be drawn into a public spat, so the tone here suggests an attempt to bring others into the fray. The strategy is just to keep the matter on the front burner and keep throwing in different names in the hope that some would respond at some point to defend themselves. So it became a matter of Atamo Atamo, as Yorubas call it, meaning “just piecing ragtag matters together to achieve a mischievous end.

First, the article’s sensational headline talked about how Tinubu moved billions in collaboration with an Internet fraud syndicate. So Tinubu is on top of the ring, right? No, even the story didn’t claim that ultimately. It simply went on to talk about a 2014 prosecuted case in which members of a syndicate were indicted while their leader, Okedele remains on the run. So where is the link? Okedele’s company had a business transaction with Alpha Beta at some point in the past, which the writer faulted on the basis of the differential in the then exchange rate. This singular transaction with Alpha Beta was what made Okedele a sacred cow, untouchable by the EFCC. What kind of warped logic is this?

The Financial Crimes Commission former boss, Ibrahim Magu was also mentioned as having provided cover for Tinubu all along. We the readers don’t need any reminder that Tinubu was a frontline politician ever before Magu’s appointment and has remained so after the latter’s disengagement. “Mr Magu did not return a request seeking comments on this matter from the Gazette, but he had frequently denied covering anyone from facing justice during his days as the nation’s top anti-graft official” the statement concludes.

Down the line, the nearly N1billion received by Apara was explained off as his legitimate share of the company’s profit. Ms Adeola Awofisayo got her name on the list for receiving N30million, and for effect, it was mentioned that she once sat on the board of The Bola Ahmed Tinubu Institute Ltd with the current Vice President Prof. Yemi Osibajo. Now that’s a big fish, even if no wrong doing is imputed to him!
We certainly haven’t heard the last of the name peddling.

Given that the ex-MD was privy to information on everyone that ever had to do legitimate business with Alpha Beta, those who haven’t been mentioned must await their turn. It looks like this former CEO who just gone rogue certainly had more to spill!
While enjoying the drama, it’s not difficult for those of us who ever operated at the topmost echelon of business and politics to see the oddity in a colleague or partner who would suddenly become the greatest enemy of the establishment by trading with insider information to any willing buyer, including becoming willing tools in the hands of political opponents, whatever may be the circumstances of the parting! What manner of man is this Dapo Apara?

If there is indeed a case to prove against those accused, why not pursue this legally to its logical conclusion? Why, as the other contending parties claim, would you remain in hiding for many years now in faraway Dubai, file cases without serving summons to the defenders, but simply going on a media campaign of calumny! Where is integrity? Where is decency?

Dr. Kehinde Alao P.hd is the lead Consultant, Kenny Gee Inc. Management Consultants based in Lagos. Nigeria.
He can be reached on [email protected]

ShareTweetShare
Previous Post

End SARS: Garba should know that Peaceful protests by citizens are lawful, Emefiele receives knocks…

Next Post

Edo: Swearing-in ceremony of Obaseki, Shaibu For Second Term Takes Place Today…

newsonspotadmin

newsonspotadmin

Related Posts

OPINION

Why Kamala Harris Lost and How Donald Trump Won: A Deep Analysis of the 2024 US Election…

November 7, 2024
Tinubu and Security Chiefs
OPINION

Nigeria’s Security Situation: A Call For Urgent Action And Accountability By Sulaiman Aledeh…

August 25, 2024
Government
OPINION

Broken Promises, Broken Trust: Ogun State Government’s Housing and Education Scandals…

June 21, 2024
Farooq Kperogi
OPINION

Six Major Findings About Tinubu From CSU Documents, By Farooq Kperogi…

October 4, 2023
OPINION

Those who attack Buratai are ignorant of his military sacrifices – Daniel Banjo…

December 5, 2020
OPINION

Keystone Bank Raises The Bar With ‘Kennovate’ TV Commercial – By Sola Adeyemo…

November 25, 2020

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
Uber

Uber Driver Drops Passengers Off At The Airport, Returns Back To Rob Their Home…

September 27, 2022
ST Team

ST Team Hosts Maiden Business Banquet, Unveils AI-Driven Investment Vision…

February 3, 2025
Lagos State Governor-Sanwo-Olu

Lagos Govt Declares 4-day Public Holiday…

January 19, 2023
Airline

Another Anambra Billionaire Set To Unveil New Airline…

May 17, 2024

Bill Gates steps down from Microsoft board to focus on philanthropy

0

Overlooked No More: Ni Gusti Ayu Raka Rasmi, Balinese Dancer

0

Nigeria vs Sierra Leone, other AFCON 2019 qualifiers cancelled

0

Osinbajo‘s convoy involved in accident, VP loses police outrider

0
Gunmen

Suspected Boko Haram Insurgents Invades Borno School in Midnight Raid…

May 15, 2026
Gunmen

Gunmen Kidnap Oyo School Principal, Students in Daylight Attack…

May 15, 2026
EFCC-Blessing CEO

EFCC Arraigns Blessing CEO Over Alleged N36m Fraud in Lagos…

May 15, 2026
Oba Adeyeye Ogunwusi

Oba Adeyeye Ogunwusi Welcomes Twin Princes With Olori Mariam…

May 15, 2026

Recent News

Gunmen

Suspected Boko Haram Insurgents Invades Borno School in Midnight Raid…

May 15, 2026
Gunmen

Gunmen Kidnap Oyo School Principal, Students in Daylight Attack…

May 15, 2026
EFCC-Blessing CEO

EFCC Arraigns Blessing CEO Over Alleged N36m Fraud in Lagos…

May 15, 2026
Oba Adeyeye Ogunwusi

Oba Adeyeye Ogunwusi Welcomes Twin Princes With Olori Mariam…

May 15, 2026
News On Spot Logo

Browse by Category

Archives

  • Home
  • About Us
  • Contact

© 2022 | Crafted with ❤ by Claridan - Adsvance Digitals.

No Result
View All Result
  • Home
  • About Us
  • Contact
  • Entertainment
  • Politics
  • Business
  • Health
  • Sports
  • World
  • https://newsonspot.com.ng/2024/10/02/photostory-signing-ceremony-between-dangote-industries-limited-and-china-national-building-materials-group-co-limited/
  • https://newsonspot.com.ng/2024/04/16/lagos-opens-3-month-window-for-house-owners-to-regularise-permits/
  • https://newsonspot.com.ng/2024/10/28/uba75-uba-makes-more-millionaires-in-promo-draw/