PANDORA PAPERS: Oyetola dissociates self from Kola Aluko, purchased building

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Osun State Governor, Gboyega Oyetola, has reacted to a report that implicated him in the Pandora Papers investigation by a consurtium of journalists/media houses.

The investigation revealed many world leaders, business moguls etc. who run offshore companies and conduct transactions outside the purview of taxes.

The report said Oyetola, through his offshore conpany, Aranda Overseas, bought a property from a businessman, Kola Aluko.
Oyetola, however, in a statement on Saturday said he had exited the offshore company since 2011 and that he does not know anything about the said propert.

The statement signed by his Chief Press Secretary, Ismail Omipidan, reads:

PANDORA PAPERS: Oyetola Has Not Engaged in Any Wrongdoing

We have seen reports in some online media platforms concerning the PANDORA PAPERS’ allegations.This is, therefore, to set the record straight.

Mr. Adegboyega Oyetola, Governor of Osun State, resigned his directorship of Aranda Overseas Corporation in 2011, when he took up political appointment. He also surrendered his shareholding of the same company.

Since 2011 till date, he has had no association, dealings and business transactions with the said company, as he is neither a director nor shareholder of the said company.

He, therefore, could not have acquired the said property in 2017 either directly or through the said company as being alleged.

As a matter of fact, Oyetola has no relationship or link with the alleged owner of the property, Mr Kolawole Aluko, let alone go into a business dealing or transaction with him.

He also complied fully with the law of the land by exiting Global Investments Offshore Limited, as a Director in 2011, upon his appointment as the Chief of Staff.

While we appreciate family members, friends, associates and well-wishers for their show of concern over the development, we assure them that there is nothing to worry about. Mr. Oyetola has always shown that he is a man who knows and respects the law in his corporate and political endeavors.

The God that has brought us thus far will never forsake us.

Ismail Omipidan

CPS to Osun Governor

October 9, 2021.

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