Ocnus.Net
News Before It's News
About us | Ocnus? |

Front Page 
 
 Africa
 
 Analyses
 
 Business
 
 Dark Side
 
 Defence & Arms
 
 Dysfunctions
 
 Editorial
 
 International
 
 Labour
 
 Light Side
 
 Research
Search

Africa Last Updated: Jul 2, 2009 - 9:41:04 AM


Why T.Y. Danjuma Left Obasanjo
By Pointblank News 2/7/09
Jul 2, 2009 - 9:39:39 AM

Email this article
 Printer friendly page
More facts have surfaced on how former President Olusegun Obasanjo wielded the big stick and offered “protection” for Lagos billionaire, Mr. Aliko Dangote. New documents have surfaced showing that Chief Obasanjo prevented former Defense Minister, Lt. General Theophilus Y. Danjuma from sending Mr. Dangote to jail for tax evasion and callous neutralization of perceived competitors.

Sources close to the three influential Nigerians told pointblanknews.com that Obasanjo’s usual tendency to offer protection to Dangote at the expense of other Nigerian long established industrial icons “was what eventually led to the parting of ways between Obasanjo and his friend of 32 years, T.Y. Danjuma.”

Under condition of anonymity, pointblanknews.com was told that, while “a deep personal sense of betrayal from Obasanjo” could have led Danjuma to follow his own course in life, having once swore that he would leave Nigeria for exile, in 1999, if Obasanjo was not voted into the presidency, the General was said to have been angered that his long existing salt-bagging company, Union Dicon salt was destroyed for DANSALT owned by Dangote.

It was said that Obasanjo was an “enabler”, who allowed DANSALT, built inside Apapa port to dodge taxes and cheat Nigerian government in duties, while other companies were paying through the nose.

A Transport Ministry Official volunteered that “Dangote was the kid on the block, he got all favors and his gains have always been a loss to the nation.” The competition between DANSALT and other companies was, allegedly, never fair.

A former minister who served on the Federal Executive Council with T.Y. Danjuma said that the retired General once fumed openly at a council meeting in Abuja and “called Aliko criminal who evaded taxes.”

The jury is still out there on why so much unchecked latitude was given to one man to drive the Nigerian economy to extreme comatose while there was a better and honest road to travel.

Source:Ocnus.net 2009

Top of Page

Africa
Latest Headlines
Burkina Stops Water, Electricity Privatisation
Côte d'Ivoire Polls Now 5 years Delayed
Gambia Wave of Arrests Causes Protests
Army Denies Complicity in Jos Killings
Islamic Republic Uncovered in Ibadan
Buba Marwa,Dele Giwa's Postman
Ibori’s Lawyer, UK MP, Tony Baldry Feels the Heat
Iran Pledges To Stand With Zimbabwe's President Mugabe
The Halliburton Tales: Corruption Alias Nigeria
Act Fast and Aggressively, Danjuma Tells Jonathan