Purchase of London Property: Oyetola Opens Up; Denies Any Wrongdoing

Posted by Nwa Diokpa African News, Featured, Latest Headlines, News, News Across Nigeria, News From The State Saturday, October 9th, 2021

(AFRICAN EXAMINER) – Osun State Governor Adegboyega Oyetola, has described as unfounded and untrue, the report connecting him to the purchase of a property in London, United Kingdom.

Oyetola disclosed that he resigned from the company, ‘Aranda Overseas Corporation’, that was allegedly used to buy the said property in 2011 when he was appointed as the Chief of Staff to the then Osun Governor, Rauf Aregbesola.

He disclosed this in a statement issued in Osogbo on Saturday and signed by his Chief Press Secretary, Ismail Omipidan saying that no relationship whatsoever with Adebayo Aluko, the alleged owner of the said property let alone have any business transaction with him.

According to him, he had not broken any law of the land as he also resigned his Directorship of Global Investments Offshore Limited upon his appointment, in 2011.

The statement said: “We have seen reports in some online media platforms concerning the PANDORA PAPERS’ allegations. This is, therefore, to set the record straight.

“Mr. Adegboyega Oyetola, Governor of Osun State, resigned his directorship of Aranda Overseas Corporation in 2011, when he took up political appointment. He also surrendered his shareholding of the same company.

“Since 2011 till date, he has had no association, dealings and business transactions with the said company, as he is neither a director nor shareholder of the said company.

“He, therefore, could not have acquired the said property in 2017 either directly or through the said company as being alleged.

“As a matter of fact, Oyetola has no relationship or link with the alleged owner of the property, Mr Kolawole Aluko, let alone go into a business dealing or transaction with him.

“He also complied fully with the law of the land by exiting Global Investments Offshore Limited, as a Director in 2011, upon his appointment as the Chief of Staff to the immediate past governor of Osun, Rauf Aregbesola.

“Oyetola has always shown that he is a man who knows and respects the law in his corporate and political endeavours.”