Atiku says Tinubu heavily inflated Lagos-Calabar highway cost to satisfy son, Chagoury’s interest
Post By Diaspoint | May 9, 2024
The presidential candidate of the Peoples Democratic Party (PDP) in the 2023 election says the fact that President Bola Tinubu’s son and his surrogates are on the board of companies owned by Gilbert Chagoury clearly constitutes a conflict of interest.
Atiku said this in a statement on Sunday by his media adviser, Paul Ibe, even as he advised Tinubu to focus more on attracting real investors than adopting propaganda as a state policy.
The former vice president noted that Tinubu’s son, Seyi, is a director on the board of CDK Integrated Industries, a subsidiary of the Chagoury Group, which manufactures ceramic tiles and sanitary towels.
Citing a report by Paris-based Africa Intelligence News Agency, where it was revealed by the Corporate Affairs Commission that Seyi is officially a business associate of Chagoury, the former Vice President said it was not surprising that the Chagoury Group had become the biggest beneficiary of the Tinubu largesse.
He said, “Thanks to quality reporting by Africa Intelligence, our suspicions have been confirmed that Chagoury and Tinubu are indeed business partners, and it has been formalised with Seyi on the board of one of Chagoury’s firms.”
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