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    FAAC Windfall: FG, States, LGs Share N2.04tn for March, Record N150bn Revenue Increase

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 No $400m Given To Billionaire AA Rano By Buhari’s Former Aide, Tunde Yusuf  – Investigations 

The Daily Crucible by The Daily Crucible
January 23, 2024
in Business
0
 No $400m Given To Billionaire AA Rano By Buhari’s Former Aide, Tunde Yusuf  – Investigations 

 

Fresh facts have emerged from investigations showing that former President Muhammadu Buhari’s ex-personal assistant, Tunde Sabiu Yusuf did not billionaire businessman, Alhaji Auwalu Abdullahi Rano, aka AA Rano, $400million for safe keeping anywhere.

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Investigations further revealed that Tunde Yusuf and the oil mogul, AA Rano did not at any time fight over the $400million looted fund.

 

The Daily Crucible discovered that reports that Sabiu slapped AA Rano over  alleged failure to account for a phoney $400million he gave the billionaire oil mogul for safe keeping were false just as it was also revealed that it such an incident between Buhari’s ex-aide and AA Rano never happened at any point in time, anywhere.

 

Also, there has never been any business relationship between the two to warrant any exchange of funds.

Another discovery by our reporter indicates that President Bola Tinubu’s Special Investigator for the Central Bank of Nigeria, Jim Obazee, who has since  been checking the book of Tunde Yusuf has not found any trace of AA Rano’s involvement in the alleged looting of any $400million fund by former President Buhari’s ex-personal assistant.

And none of the individuals used by Tunde Yusuf to allegedly siphon funds from the government’s coffer during the immediate past administration of former President Buhari administration was from the North, it was further learnt.

 

On the contrary, it was discovered that the former president’s aide used individuals from the South as well as companies owned by Southerners to allegedly perpetrate public funds siphoning.

However, the discovery has been corroborated by security sources claiming that the office of the Special Investigator recently discovered that everybody used by Tunde Yusuf to siphon money was Southern individuals and companies owned by them.

“We’ve not found out that Sabiu gave any $400m to AA Rano and both of them never fought over such money,” a security source told our correspondent.

Efforts by our correspondent to speak with both Sabiu and AA Rano on the matter yielded not fruitful result as none of them could be reached as of press time.

But a chieftain of the umbrella Northern socio-political group, Arewa Consultative Forum (ACF), who pleaded not to be identified, described the media report accusing AA Rano of collecting $400million from Sabiu as “wicked, malicious, in bad taste and aimed at maligning a gentleman businessman. AA Rano that we know has never had any business relationship with Tunde Sabiu. None at all! And he’ll never get involved in such illegal and unpatriotic act. So, that $400million deal is just a figment of the imagination of the writer of that story.”

reports that an online media report (not First News) had claimed that both Sabiu and AA Rano had a fight over the inability of the billionaire businessman and oil mogul to properly account for the $400m he gave him to keep for him.

The report also alleged that Rano had allegedly been helping Sabiu to launder stolen billions by investing the illegal funds in properties, maritime, oil and air transport businesses.

The two men, according to the report, however, fell out following disagreements that arose over the mismanagement of the stolen funds allegedly by AA Rano.

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The Daily Crucible Newspaper is an authoritative independent online news medium established to deliver professional journalism for the purpose of fostering Nigeria's unity, progress and greatness, given the heterogeneity of her citizens. We shall vigorously pursue this vision and anchor it on tripod of truth, justice and fairness. We shall feed the public with robust information they need to make informed decision on issues and matters that affect them, promote human - capital development, freedom and free market enterprise. Our loyalty shall be to Nigeria and public interest, and shall respect ethnic, religious and political diversity without being partisan and sectional.

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