GOLD (1)

In a sign of increased uncertainty about Umaru Yar'adua's ability to return to Nigeria's presidency, his wife, Turai is anxiously moving to protect her most prized possession from the presidential lodge in Abuja also known as Aso Rock Villa. Saharareporters learnt that the Turai Yar’adua has commenced the removal of a cache of gold and diamond kept in the inner recesses of the presidential villa. The precious metals, described by our sources as “large in quantity,” are tied to a business co-owned by Turai and her daughter, Nafisat Yuguda, but run on their behalf by a Lebanese businessman Joseph Zeitoun and his Nigerian wife, Zainab Zeitoun. “The fact that the First Lady is removing the jewelry from Aso Rock shows that the president’s condition may not be that good,” said one of our sources. Nafisat, Yar'adua's daughter who is married to Governor Isah Yuguda of Bauchi, recently arrived in the US to give birth to their first baby. The Zeitouns operate the jewelry business for the Yar’aduas out of the pricey shopping mall called Dunes Center. The jewelry shop, named Nafeez, is located in Suite 105 at the Dunes Center on 44 Aguiyi Ironsi Street, Maitama, Abuja. General Jeremiah Useni (ret.) allocated the land to Zainab when he was the minister of the Federal Capital Territory under the Sani Abacha regime. Mr. Useni briefly dated Zainab. Our sources said that Zainab was then also dating Joseph at the time, but introduced the Lebanese to Useni as her business partner. The sources revealed that Zainab hit it big when she was introduced to Turai and “the First Lady found her partnership very rewarding.” One of our sources said the Zeitouns helped open Turai’s eyes to the tremendous profits that she could reap from the jewelry business. The sources said Turai had used “First Lady” pressure to force male and female government officials as well as business owners to purchase expensive gold and diamond from her front jewelry business. Saharareporters has reported on Turai’s extensive business deals, making her one of Nigeria's sleaziest First Ladies. A source close to the Yar’aduas said that Turai “exploits every opportunity to make money – through kickbacks, the charging of $30,000 fee for anybody who wishes to see her, and establishment of phony foundations through which unscrupulous businessmen are forced to make donations that are then rerouted into her personal accounts.” Our sources further revealed that the m=Minister of Agriculture, Abba Ruma, maintains an apartment at the Dunes center and holds business consultations in the building. The Zeitouns have received huge contracts to construct "Agricultural Storage Silos" and have helped the Yar'adua family developed properties acquired in Abuja. Saharareporters also learnt that Zainab and Joseph Zeitoun were responsible for planning and executing the “Arabian Nights” theme for the gaudy and opulent weeklong wedding of Nafisat Yar'adua and Governor Yuguda. The wedding featured Senegalese music sensation, Youssou n'Dour, who performed alongside imported Lebanese belly dancers. When our reporter called the telephone numbers on the Nafeez business card obtained exclusively by Saharareporters, the lines had become inactive. Dunes Center
Read more…

Blog Topics by Tags

  • in (506)
  • to (479)
  • of (339)
  • ! (213)
  • as (166)
  • is (157)
  • a (156)

Monthly Archives