• About Us
    • Àtẹ́lẹwọ́ Podcast
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home Opinion

Alpha beta: Facts of the matter

Rtn. Victor Ojelabi by Rtn. Victor Ojelabi
October 12, 2020
in Opinion
0
2019 01 15 092624588 Alpha Beta Consulting unveils plans for international expansion in Africa 702x422 1

We have seen the allegations circulating on social media as well as the online reports of the court summons of which we are yet unaware.

The fact is that Dapo Apara began making his untrue allegations in the aftermath of his removal as Managing Director of Alpha Beta for fraud and unethical practices. While he was MD, Apara used his position to siphon huge sums of money from the company including but not limited to fraudulently converting $5 million; money allegedly used to pay for cloud based services that were eventually discovered to be worth less than $300,000.

Mr. Apara, who was a signatory to all the bank accounts of Alpha Beta from inception until his removal, received all his payments and entitlements until June 2018 when he was removed after his fraudulent misconduct was discovered. In July 2018 further evidence of his fraudulent and unethical practices was uncovered, including the revelation that he converted approximately N6 billion belonging to Alpha Beta to his personal use. This fraud was reported to the authorities and Mr. Apara was subsequently invited to return to Nigeria from his hiding place in Dubai to render account. To date, he has refused to do so. Instead, Mr. Apara chose to embark on an aggressive smear campaign seemingly in an effort to blackmail us into ending the investigations into his misconduct.

Specifically in response to the court summons now circulating on social media, we would like to state as follows:

  1. Contrary to the sensational headlines, designed to embarrass and blackmail, the case presented by Mr. Apara does not disclose even a single piece of evidence of fraud or criminal activity on the part of any of the alleged defendants. The case brought by Mr. Apara is, simply put, an extension of his campaign of calumny; launched to avoid the consequences of his fraudulent conduct over the years.

  2. This court action by Dapo Apara is the continuation of Mr. Apara’s blackmail tactics and an attempt to distract from the huge funds he misappropriated from Alpha Beta while he was in charge of its affairs.

  3. Since 2018, he has filed many suits in Lagos and Abuja on the same matter, engaged in Arbitration, the Police, EFCC and ICPC. However, in all that time, he has steadfastly refused to honour all invitations by the authorities to return to Nigeria and account for the huge funds he misappropriated.

  4. The uncorroborated allegations against Asiwaju Bola Tinubu by Dapo Apara, in particular, show that he is bent only on creating sensational headlines to deflect attention from his on criminal activities.

  5. Although, we have not been served with the court summons, we look forward to the opportunity the case provides to publicly present the full picture of Mr. Apara’s misconduct, deceit and fraud and to have the matter resolved by the court once and for all.

 

otunba victor profile picture scaled
Rtn. Victor Ojelabi

Ojelabi, the publisher of Freelanews, is an award winning and professionally trained mass communicator, who writes ruthlessly about pop culture, religion, politics and entertainment.


Discover more from Freelanews

Subscribe to get the latest posts sent to your email.

Related Posts

African traditional religions
Opinion

Hebrew, Arabic, and European Faiths are not better than African traditional religions

by Peculiar Adirika
July 30, 2025
usg jpg
Opinion

USG calls removal of fuel subsidy, a scam

by Quadri Olaitan
November 8, 2023
Image 2023 12 31 at 174751 343c0986 jpg
Opinion

Culture of excellence in the Centre of Excellence: The Tokunbo Wahab charge

by Freelanews
January 1, 2024
Tokunbo Wahab
Opinion

Leading with purpose: Commissioner Tokunbo Wahab vision for a cleaner Lagos

by Freelanews
May 17, 2024
Screenshot 2022 03 07 at 20 54 14 Babajide Sanwo Olu Nigerian Today News jpg WEBP Image 1024 %C3%97 600
Opinion

‘Omoluabi!’ Sanwo-Olu has delivered on T.H.E.M.E.S agenda

by Freelanews
May 27, 2022

Leave a ReplyCancel reply

ADVERTISEMENT

Recent News

Patrick Kluivert

Patrick Kluivert parts ways with Indonesia after World Cup blow

October 17, 2025
Federal Government of Nigeria

Federal Government of Nigeria denies scrapping JAMB

October 17, 2025
Edo

Edo state police command nabs eight kidnappers, rescues five

October 16, 2025
NAAPE warns Orji Kalu

NAAPE warns Orji Kalu over false pilot drug claims

October 16, 2025

Search

  • Trending
  • Comments
  • Latest
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
Abdul-Muiz Olanrewaju Animashaun

Abdul-Muiz Olanrewaju Animashaun remembered with love

September 14, 2025
APC Second-Term Governors

APC: Second-term governors seeking immediate elective post to lose party leadership

October 15, 2025
April Wind Couture

April Wind Couture thrives in Nigeria’s tough economy with bold Ankara vision

September 12, 2025
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
Patrick Kluivert

Patrick Kluivert parts ways with Indonesia after World Cup blow

October 17, 2025
Federal Government of Nigeria

Federal Government of Nigeria denies scrapping JAMB

October 17, 2025
Edo

Edo state police command nabs eight kidnappers, rescues five

October 16, 2025
NAAPE warns Orji Kalu

NAAPE warns Orji Kalu over false pilot drug claims

October 16, 2025
October 2025
MTWTFSS
 12345
6789101112
13141516171819
20212223242526
2728293031 
« Sep    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Follow Us

  • Facebook
  • TikTok
  • YouTube
  • Instagram

Hot!

Patrick Kluivert

Patrick Kluivert parts ways with Indonesia after World Cup blow

October 17, 2025
Federal Government of Nigeria

Federal Government of Nigeria denies scrapping JAMB

October 17, 2025
No Result
View All Result
  • About Us
  • Contact
  • Advertisement
  • Sitemap

© 2025 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2025 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

Discover more from Freelanews

Subscribe now to keep reading and get access to the full archive.

Continue reading