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Osinbajo’s firm linked to company fingered in alleged N100bn Alpha Beta scam

A company in which Vice-President Yemi Osinbajo has a stake, Simmons Coopers Partners, has been linked to another firm, Ocean Trust Limited, which was fingered in an alleged N100bn scam involving Alpha Beta Consulting Limited and Alpha Beta LP.

Ocean Trust Limited, which was accused of being a conduit for diversion and laundering of funds by Alpha Beta, listed Simmons Coopers as its company secretary, documents exclusively obtained from the Corporate Affairs Commission by Saturday PUNCH showed.

Simmons Coopers was listed as a company in which Prof Yemi Osinbajo (now Vice-President) had a stake in his asset declaration form in 2015, according to the statement by the Senior Special Assistant to the President on Media and Publicity, Garba Shehu.

Read more: Punch, July 13, 2019

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We are an online newspaper, very passionate about Nigerian politics, business and their leaders. We dig deeper, without borders and without fears.
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