Later Career
In April 2007, after the elections but before the new governor had taken over, the Federal Government brought Asiwaju Bola Tinubu before the Code of Conduct Tribunal for trial over alleged illegal operation of 16 separate foreign accounts. In January 2009 the Economic and Financial Crimes Commission cleared Bola Tinubu and governors James Ibori of Delta State and Obong Victor Attah of Akwa Ibom State of charges of conspiracy, money laundering, abuse of office and official corruption in relation to a sale of V-mobile network shares in 2004. In September 2009 however there were reports that the British Metropolitan Police were investigating a transaction in which the Lagos State government made an investment in Econet (now Zain). Bola Tinubu said the transaction was straightforward and profitable to the state, with no intermediaries involved. The Federal Government rejected a request by Britain to release evidence needed for further investigation and prosecution of the three Nigerian ex-governors in a London court.
In March 2009 there were reports that a plot had been identified to kill Asiwaju Bola Tinubu. The Alliance for Democracy called on Inspector General Police, Mike Okiro to conduct a thorough investigation.
Following the massive victory by the People's Democratic Party (PDP) in the April 2007 elections, Bola Tinubu was active in negotiations to bring together the fragmented opposition parties into a "mega-party" capable of challenging the PDP in 2011. In July 2009, he called for implementation of electoral reforms spelled out in the Uwais report to ensure that the 2011 elections would be as free and fair as the elections of 1993 had been. In December 2009 there were reports that Babatunde Fashola and Bola Tinubu had fallen out over the issue of whether Fashola should run for reelection in 2011, with Tinubu said to be supporting the Commissioner for Environment, Dr. Muiz Banire.
Read more about this topic: Bola Tinubu
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“I began my editorial career with the presidency of Mr. Adams, and my principal object was to render his administration all the assistance in my power. I flattered myself with the hope of accompanying him through [his] voyage, and of partaking in a trifling degree, of the glory of the enterprise; but he suddenly tacked about, and I could follow him no longer. I therefore waited for the first opportunity to haul down my sails.”
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