Seyi Tinubu, the son of Nigeria’s President elect, and All Progressives Congress (APC) chieftain Bola Ahmed Tinubu is currently in the spotlight due to his alleged ownership of a London mansion that was previously targeted for confiscation by the Buhari administration over corruption allegations. The property, located at 32 Grove End Road, London, is said to be linked to a petrodollar fraud investigation in Nigeria. It was previously revealed as part of the Pandora Papers investigation, which used leaked documents to uncover the links between the property and Tinubu’s associates. It was gathered that the property is owned through an offshore shell company called Aranda Overseas Corporations, which is also connected to Tinubu’s surrogates.
Latest report reveals that Seyi Tinubu is a beneficial owner of the property through Aranda Overseas Corporations. Aranda was established in November 1999 in the British Virgin Islands by Gboyega Oyetola, a former governor of Osun State, and Eluyemi Eludoyin, a friend of Tinubu.
Seyi Tinubu has been viewed as a successful businessman and entrepreneur, serving as the CEO of Loatsad Promomedia, an outdoor advertising company in Nigeria. He is also the founder of Noella Foundation, a non-profit organisation focused on empowering underprivileged children and youth in Africa through education and other initiatives. However, he has been involved in several controversial issues in recent years. He has faced criticism over his company’s alleged failure to pay staff salaries and accusations of tax evasion. Additionally, he was reportedly involved in a physical altercation with DJ Cuppy, the daughter of Nigerian billionaire Femi Otedola, over a failed business deal.