Presidential candidate of the All Progressives Congress Bola Tinubu made his money by investing in the stocks of blue chip companies, a spokesman for the party’s presidential campaign council Dele Alake has said.
“What I know is that right from his days in the corporate world, he (Tinubu) has been trading in stocks, and he himself said so,” Alake said on Channels Television’s Sunday Politics.
“He has been buying stocks and bonds and all of that. I am not a finance person. So, I am not going to be interested in the nitty-gritty of it all. But I know he has been trading in stocks.
“I know that when you trade in stocks and you are a finance person, you know how to juggle the stock market and all of that. Those who are adept at it know what I am talking about. They wouldn’t start questioning how he made his money from stocks.
“He was buying stocks of blue chip companies and all of that. He was making money and he was spending money. He has been doing all of these years before he got into office.”
Tinubu and his allies have repeatedly rejected the claims that he earned his wealth illegitimately.
Alake declined to reveal whether or not Tinubu owns or has investments in any company in Nigeria.
He said, “What is my business about the company that he owns in Nigeria? If tomorrow you become like Bola Ahmed Tinubu, why should I be bothering about the companies you own as long as it is not proved that you have taken the money of your state or whatever company you work for?”
