Presidency: Ex-Alpha Beta MD endorses Tinubu after fraud accusation


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Former Managing Director of Alpha-Beta Consulting, Dapo Apara, has endorsed the candidate of All Progressives Congress (APC), Asiwaju Bola Tinubu for the February 25 presidential election.

Apara made this known in an article published in THISDAY over the weekend.

Describing Tinubu as the “best man for the job”, he identified the former Lagos governor’s capacity and competence as the major reason behind Alpha Beta’s successes.

In court papers filed in 2020, Apara revealed that Tinubu controls Alpha Beta, a tax consulting firm that has exclusive rights to monitor and generate revenue on behalf of the Lagos State Government.

He filed the suit to challenge his 2018 dismissal and withholding of his share profit for the period he worked for the firm.

In 2018, he petitioned the Economic and Financial Crimes Commission (EFCC) accusing Alpha Beta of N100bn tax fraud, asking the court to compel the firm to pay him his entitlements even as he alleged that Tinubu was the one that got him removed from his position for investigating the firm’s finances.

He also alleged money laundering, tax evasion, forgery, and a number of other corporate fraudulent practices against the company and its owners.

The warring parties have since settled out of court.

In the Sunday article in THISDAY, Apara said, “My choice of Asiwaju Bola Ahmed Tinubu as the best man for the job is based on a dispassionate assessment of his previous public office records and superlative antecedents, all writ large in Lagos state — Africa’s fifth largest economy were it to be a country on its own.

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“My pick of Asiwaju Bola Ahmed Tinubu as the most suitable candidate for President in 2023 is also informed by a direct experience of the phenomenal Asiwaju Bola Ahmed Tinubu having worked with him for over twenty (20) years in various capacities, including at a point in my career when I worked at ALPHA-BETA Consulting, which company I eventually led as managing director/chief executive officer and honourably disengaged from in order to pursue other interests.

“I make bold to say that the great successes we recorded at ALPHA-BETA Consulting, especially the exponential increase in the internally generated revenue (IGR) of all our clients — local and international have everything to do with the capacity and competence of Asiwaju Bola Ahmed Tinubu as a colossus in public revenue generation re-engineering.

“Such was the undeniable results of ALPHA-BETA Consulting as a professional firm that many states in Nigeria across party divides discarded politics to engage ALPHA-BETA Consulting as their IGR consultants, including some West African nations.

“As a humble recipient of a cache of prizes in financial management and intermediation in Nigeria and across the world, I am convinced that at this juncture in our national journey Nigeria needs a president prudent and pragmatic in financial management like Asiwaju Bola Ahmed Tinubu.

“Asiwaju Bola Ahmed Tinubu is an extraordinary manager of human and material resources. As president, he would fix round pegs in round holes for a rapid socio-economic transformation of Nigeria into the country of our collective dreams.”

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