Ex-MD Blows The Whistle On AlphaBeta, Accuses Firm Of Money Laundering, Other Criminal Activities

The erstwhile Managing Director of AlphaBeta, the Lagos State consultant on IGR, Dapo Apara, has taken to twitter to share his petition to the Economic and Financial Crimes Commission (EFCC), accusing the firm of money laundering and other criminal activities.

In a series of tweets on his Twitter handle @DapoApara, he made the following claims.

“For background, I am the md/ceo of @AlphaBetaLLP Ltd, I am also the managing partner/ceo of @AlphaBetaLLP (the partnership).At the @AlphaBetaLLP website they try to paint a different picture. Who is the imposter #AkinDoherty? Who is he a fronting for?

“Is the job of #AkinDoherty to come and “tidy” up the books? While my life is threatened and I’m forced into hiding? And also get @officialEFCC to foot-drag? Strange!!

“The @officialEFCC investigation should be simple and straight forward. Not rocket science. @AlphaBetaLLP has been igr consultants to @LasgoOfficial since 2002, earning about 10% and has generated igr of about N1.5 trillion (yes trillion) excluding faac, loans

“From this, @AlphaBetaLLP has earned about N150 billion in fees. My petition alleges that the bulk of this amount has been laundered to evade taxes and to bribe govt officials. Fortunately all is documented through the banking system including the fake loans

“Just to follow the money and trace the ultimate beneficiaries, because this is a well planned money laundering scheme with many twists and turns, which only @officialEFCC can properly unravel

“My part is to blow the whistle on this rampant and blatant corruption, and ask for the support of Nigerians to prevail on @officialEFCC to investigate my petition. This is a test of our leaders who constantly preach anti-corruption to walk the talk

“At the same time, as a 30% shareholder, my share of profits (about N45 billion) has also been stolen and laundered by #TundeBadejo of Soft Alliance and #AkinDohertyformer commissioner of finance in @LasgoOfficial now masquerading as md of @AlphaBetaLLP

“When I confronted them internally, the response I got was “Dapo, no one will believe you. We control everything – the press, the courts, efcc. You will only be endangering your life”.

“That’s what they said. But have you all noticed how the major news media has been slow in picking up this thread? How @officialEFCC has not taken up even a preliminary review of my petition, despite my near daily follow up?
My name is Dapo Apara the md of @AlphaBetaLLP. I wrote a petition to @officialEFCC that my company is being used for high level money laundering, tax evasion, and bribery of government officials. #InvestigateAphaBeta

“A certain #AkinDoherty (who was commissioner of finance under @AsiwajuTinubu) has shown up at the company telling the staff he is the md and has been feverishly falsifying and destroying records to cover up.”