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US Senate Report On Atiku's Corruption - Politics - Nairaland

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US Senate Report On Atiku's Corruption by tbaba1234: 9:49pm On Oct 08, 2018
Title:
KEEPING FOREIGN CORRUPTION OUT OF THE UNITED STATES:
FOUR CASE HISTORIES
MAJORITY AND MINORITY STAFF REPORT
PERMANENT SUBCOMMITTEE ON INVESTIGATIONS
UNITED STATES SENATE


Source: https://www.hsgac.senate.gov/imo/media/doc/FOREIGNCORRUPTIONREPORTFINAL710.pdf

Abubakar Case History.: From 2000 to 2008, Jennifer Douglas, a U.S. citizen and the fourth wife of Atiku Abubakar, former Vice President and former candidate for President of Nigeria, helped her husband bring over $40 million in suspect funds into the United States through wire transfers sent by offshore corporations to U.S. bank accounts. In a 2008 civil complaint, the U.S. Securities and Exchange Commission alleged that Ms. Douglas received over $2 million in bribe payments in 2001 and 2002, from Siemens AG, a major German corporation. While Ms. Douglas denies wrongdoing, Siemens has already pled guilty to U.S. criminal charges and settled civil charges related to bribery and told the Subcommittee that it sent the payments to one of her U.S. accounts. In 2007, Mr. Abubakar was the subject of corruption allegations in Nigeria related to the Petroleum Technology Development Fund.

Of the $40 million in suspect funds, $25 million was wire transferred by offshore corporations into more than 30 U.S. bank accounts opened by Ms. Douglas, primarily by Guernsey Trust Company Nigeria Ltd., LetsGo Ltd. Inc., and Sima Holding Ltd. The U.S. banks maintaining those accounts were, at times, unaware of her PEP status, and they allowed multiple, large offshore wire transfers into her accounts. As each bank began to question the offshore wire transfers, Ms. Douglas indicated that all of the funds came from her husband and professed little familiarity with the offshore corporations actually sending her money. When one bank closed her account due to the offshore wire transfers, her lawyer helped convince other banks to provide a new account.

In addition, two of the offshore corporations wire transferred about $14 million over five years to American University in Washington, D.C., to pay for consulting services related to the development of a Nigerian university founded by Mr. Abubakar. American University accepted the wire transfers without asking about the identity of the offshore corporations or the source of their funds, because under current law, the University had no legal obligation to inquire.

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Re: US Senate Report On Atiku's Corruption by tbaba1234: 9:54pm On Oct 08, 2018
On Halliburton case:

On August 5, 2009, U.S. Congressman William Jefferson was convicted by a Federal jury of soliciting bribes, money laundering, depriving citizens of honest services as a member of Congress, and operating his Congressional office as a racketeering enterprise.1017 During his trial, a videotape was shown in which the Congressman made a reference to Mr. Abubakar when the Congressman was seeking money from another person, but no evidence was introduced showing that Mr. Abubakar had actually sought or accepted a bribe from the Congressman.
Mr. Abubakar asserted his innocence, and that his name had been invoked in the matter to ruin his reputation and prevent him from winning the Presidency in Nigeria.


Source: https://www.hsgac.senate.gov/imo/media/doc/FOREIGNCORRUPTIONREPORTFINAL710.pdf

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Re: US Senate Report On Atiku's Corruption by tbaba1234: 9:55pm On Oct 08, 2018
To read the full report, see: Source: https://www.hsgac.senate.gov/imo/media/doc/FOREIGNCORRUPTIONREPORTFINAL710.pdf

cc: Lalasticlala, Mynd44

2 Likes

Re: US Senate Report On Atiku's Corruption by Pavarottii(m): 10:00pm On Oct 08, 2018
All these is too late.. U should av brought it since. And u know that Nigeria is a sovereign state. So he can be president. After all the one wey concern this country. That buhari has no o level certificate, we didn't do anything. Na the one wey no concern us... That we will now be interested in? ... After all is not still dis international bodies that hid abacha stolen wealth?

10 Likes 1 Share

Re: US Senate Report On Atiku's Corruption by tbaba1234: 10:02pm On Oct 08, 2018
Pavarottii:
All these is too late.. U should av brought it since. And u know that Nigeria is a sovereign state. So he can be president. After all the one wey concern this country. That buhari has no o level certificate, we didn't do anything. Na the one wey no concern us... That we will now be interested in? ... After all is not still dis international bodies that hid abacha stolen wealth?

Neither Buhari nor Atiku is good enough. At least let people be informed about who they are voting for.

6 Likes 1 Share

Re: US Senate Report On Atiku's Corruption by temptnow: 10:08pm On Oct 08, 2018
tbaba1234:
On Halliburton case:

On August 5, 2009, U.S. Congressman William Jefferson was convicted by a Federal jury of soliciting bribes, money laundering, depriving citizens of honest services as a member of Congress, and operating his Congressional office as a racketeering enterprise.1017 During his trial, a videotape was shown in which the Congressman made a reference to Mr. Abubakar when the Congressman was seeking money from another person, but no evidence was introduced showing that Mr. Abubakar had actually sought or accepted a bribe from the Congressman.
Mr. Abubakar asserted his innocence, and that his name had been invoked in the matter to ruin his reputation and prevent him from winning the Presidency in Nigeria.


Source: https://www.hsgac.senate.gov/imo/media/doc/FOREIGNCORRUPTIONREPORTFINAL710.pdf

Fake website fake news.

We're wiser now. Atikulating till 2019

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Re: US Senate Report On Atiku's Corruption by tbaba1234: 10:10pm On Oct 08, 2018
temptnow:


Fake website fake news.

We're wiser now. Atikulating till 2019

100% not fake

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Re: US Senate Report On Atiku's Corruption by temptnow: 10:11pm On Oct 08, 2018
tbaba1234:


100% not fake
na lie na fake news

4 Likes 1 Share

Re: US Senate Report On Atiku's Corruption by nelronaldo(m): 10:12pm On Oct 08, 2018
.....
Re: US Senate Report On Atiku's Corruption by tbaba1234: 10:13pm On Oct 08, 2018
temptnow:
na lie na fake news

The US senate website is fake??

Whether you vote for Buhari or Atiku does not concern me.

2 Likes

Re: US Senate Report On Atiku's Corruption by StillX10(m): 10:14pm On Oct 08, 2018
Atikulated

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Re: US Senate Report On Atiku's Corruption by Amitez: 10:23pm On Oct 08, 2018
Too late!!!!!!!!!!!!!!!!!!!!!!!

We are already articulated.

Even if Atiku was caught stealing from World Bank, he remains our incoming President. No room for self-righteous dullard come 2019

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Re: US Senate Report On Atiku's Corruption by tbaba1234: 10:26pm On Oct 08, 2018
Siemens:

In December 2008, the U.S. Department of Justice and the U.S. Securities and Exchange Commission (SEC) filed criminal and civil pleadings alleging that Siemens AG, a major German company traded on the New York Stock Exchange, violated the U.S. Foreign Corrupt Practices Act (FCPA) by making bribery payments to obtain business in multiple countries, including Nigeria.1032 Siemens pleaded guilty to violating the books and recordkeeping provisions of the FCPA, and agreed to pay combined criminal and civil fines totaling more than $1.6 billion.1033 One of the allegations in the SEC civil complaint against Siemens was that “approximately $2.8 million of the bribe payments was routed through a bank account in Potomac, Maryland, in the name of the wife of a former Nigerian Vice President.” The Subcommittee has obtained wire transfer documentation substantiating this allegation, as explained below. Through her legal counsel, however, Ms. Douglas denies any wrongdoing.

https://www.hsgac.senate.gov/imo/media/doc/FOREIGNCORRUPTIONREPORTFINAL710.pdf

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Re: US Senate Report On Atiku's Corruption by Amitez: 10:31pm On Oct 08, 2018
tbaba1234:


Neither Buhari nor Atiku is good enough. At least let people be informed about who they are voting for.

Noooo! A man who can create 50,000 jobs personally and over 250,000 indirect jobs plus open to restructuring is light years apart from a serial recessionist, dullard, incompetent tyrant!

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Re: US Senate Report On Atiku's Corruption by tbaba1234: 10:31pm On Oct 08, 2018
American University of Nigeria

Bank records obtained by the Subcommittee show that AUN utilized several accounts at U.S. financial institutions, including personal accounts opened by Ms. Douglas at Citibank and Wachovia, and an account opened by Mr. Weidenfeld’s law firm at Suntrust Bank. Funding for those accounts came primarily from three offshore corporations, the Guernsey Trust Company, LetsGo, and Sima Holdings. In 2008, AUN also opened accounts at Standard Chartered Bank in London and apparently is now in the process of closing its remaining U.S. accounts in favor of its London accounts. Bank records show that AUN also has accounts at several banks in Nigeria.

From 2003 to 2007, American University accepted about $14 million in multiple wire transfers from LetsGo and the Guernsey Trust Company, to pay consulting fees for its work related to AUN. After receiving an inquiry from the Subcommittee about the source of these funds, American University negotiated a new consultancy agreement with AUN in 2008, in which AUN agreed to provide fees to AU directly from AUN’s own bank accounts.

https://www.hsgac.senate.gov/imo/media/doc/FOREIGNCORRUPTIONREPORTFINAL710.pdf

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Re: US Senate Report On Atiku's Corruption by tbaba1234: 10:33pm On Oct 08, 2018
Amitez:

Noooo! A man who can create 50,000 jobs personally and over 250,000 indirect jobs plus open to restructuring is light years apart from a serial recessionist, dullard, incompetent tyrant!

Vote who you want.. I am not supporting either. Just presenting facts

2 Likes 1 Share

Re: US Senate Report On Atiku's Corruption by lizzybet(f): 10:34pm On Oct 08, 2018
who are we voting for now? here here
Buhari lifeless Atiku wire wire

The title of this thread should be
ATIKULATING? KNOW YOUR CANDIDATES

3 Likes

Re: US Senate Report On Atiku's Corruption by diebuhari1: 10:39pm On Oct 08, 2018
tbaba1234:


Vote who you want.. I am not supporting either. Just presenting facts
You are certified Buhari zombie and an Islamic fanatic just like your master, we know you very well. The fact that you ran away in the face of your master's poor performance doesn't mean we have forgotten you.
Don't pretend to be neutral.

5 Likes 1 Share

Re: US Senate Report On Atiku's Corruption by tbaba1234: 10:41pm On Oct 08, 2018
diebuhari1:
You are certified Buhari zombie and an Islamic fanatic just like your master, we know you very well. The fact that you ran away in the face of your master's poor performance doesn't mean we have forgotten you.
Don't pretend to be neutral.

I am not in support of Buhari's reelection but neither am i in support of Atiku..

If you have a problem, pick it with the US senate.

3 Likes 1 Share

Re: US Senate Report On Atiku's Corruption by tbaba1234: 10:43pm On Oct 08, 2018
Siemens payments to Atiku's wife:

3 Likes 2 Shares

Re: US Senate Report On Atiku's Corruption by mradonis(m): 10:55pm On Oct 08, 2018
IS America as holy As u make them look. Even trump didn't win without backyard help.
I will advice APC run their campaign based on what they have achieved. Atiku was ur member for years and even contested and sponsored mr Holier than thou" and we didn't see all this.
Obama and hilary clinton did worse than this and yet TRump won. Let Nigerians decide
Why is everyone and all parties talking about Atikiu since yesterday. He hasn't even started campaign una don dey shake like chicken under rain.

MR ATiku I salute you
See as everyone dey talk about you like the trump of africa
Men atiku is man not a ghost, let every man and party run its. Campaign on what u have to offer and have achieved abeg. Forget story
Nobody Holy pass
Abacha did not steal , he borrowed the money out! Yet oyibo call it Abacha Loot
Who is the mumu. Even the educated idiots are calling it abacha lootm

6 Likes 1 Share

Re: US Senate Report On Atiku's Corruption by tbaba1234: 11:08pm On Oct 08, 2018
mradonis:
IS America as holy As u make them look. Even trump didn't win without backyard help.
I will advice APC run their campaign based on what they have achieved. Atiku was ur member for years and even contested and sponsored mr Holier than thou" and we didn't see all this.
Obama and hilary clinton did worse than this and yet TRump won. Let Nigerians decide
Why is everyone and all parties talking about Atikiu since yesterday. He hasn't even started campaign una don dey shake like chicken under rain.

MR ATiku I salute you
See as everyone dey talk about you like the trump of africa
Men atiku is man not a ghost, let every man and party run its. Campaign on what u have to offer and have achieved abeg. Forget story
Nobody Holy pass
Abacha did not steal , he borrowed the money out! Yet oyibo call it Abacha Loot
Who is the mumu. Even the educated idiots are calling it abacha lootm

I am not a member of either party. I believe we need a viable third candidate. Neither Atiku or Buhari is appealing.

Buhari's performance has been below par and Atiku's corruption is well recorded.

Nigeria deserves better. I can not in good conscience support either.

3 Likes 1 Share

Re: US Senate Report On Atiku's Corruption by MrRichmond: 12:46am On Oct 09, 2018
The Op is a big fat zombie!


Claiming he is neutral, story for IFA.

Atiku was in APC all this while, where were all the US department of justice reports??

Op na confirm BMC, you and your god of cows have failed!


Dead on Arrival!

"I'm doing this so that people can judge for themselves"

see his mouth!

4 Likes

Re: US Senate Report On Atiku's Corruption by GentleMoney: 12:50am On Oct 09, 2018
shocked shocked shocked
Hmmm...
Re: US Senate Report On Atiku's Corruption by luvola(m): 12:57am On Oct 09, 2018
Dnt mind that tbaba.. Sai Atiku 2019... I want to join Atiku campaign group.. kindly PM

2 Likes

Re: US Senate Report On Atiku's Corruption by socialmediaman: 1:03am On Oct 09, 2018
tbaba1234:


Neither Buhari nor Atiku is good enough. At least let people be informed about who they are voting for.

People are more concerned about the next meal tomorrow and how to get jobs and move on with life. Buhari cannot provide that, it is laughable to even think anyone in this position would be considering voting Buhari again even if he were a saint. Most of them will come out and vote Atiku as a protest vote for Buhari

3 Likes

Re: US Senate Report On Atiku's Corruption by Nobody: 1:10am On Oct 09, 2018
tbaba1234:




Nigeria deserves better. I can not in good conscience support either.
100
Re: US Senate Report On Atiku's Corruption by RevenGeMission: 1:52am On Oct 09, 2018
Not everybody has brain, but do yourself a favor , google Atiku on wiki leaks and see numerous cases
temptnow:
na lie na fake news

1 Like

Re: US Senate Report On Atiku's Corruption by tbaba1234: 5:09am On Oct 09, 2018
.....
Re: US Senate Report On Atiku's Corruption by hucienda: 5:14am On Oct 09, 2018
mradonis:
IS America as holy As u make them look. Even trump didn't win without backyard help.
I will advice APC run their campaign based on what they have achieved. Atiku was ur member for years and even contested and sponsored mr Holier than thou" and we didn't see all this.
Obama and hilary clinton did worse than this and yet TRump won. Let Nigerians decide
Why is everyone and all parties talking about Atikiu since yesterday. He hasn't even started campaign una don dey shake like chicken under rain.

MR ATiku I salute you
See as everyone dey talk about you like the trump of africa
Men atiku is man not a ghost, let every man and party run its. Campaign on what u have to offer and have achieved abeg. Forget story
Nobody Holy pass
Abacha did not steal , he borrowed the money out! Yet oyibo call it Abacha Loot
Who is the mumu. Even the educated idiots are calling it abacha lootm

Succint summary.
Re: US Senate Report On Atiku's Corruption by temptnow: 5:58am On Oct 09, 2018
RevenGeMission:
Not everybody has brain, but do yourself a favor , google Atiku on wiki leaks and see numerous cases
which tinubu was also involve in wiki leaks Panama
Re: US Senate Report On Atiku's Corruption by lwise(m): 6:22am On Oct 09, 2018
tbaba1234:


I am not a member of either party. I believe we need a viable third candidate. Neither Atiku or Buhari is appealing.

Buhari's performance has been below par and Atiku's corruption is well recorded.

Nigeria deserves better. I can not in good conscience support either.


Oga tbaba thanks for your stories.This time we don't want Mr. Integrity with track records of failure.We are wiser,we want a corrupt man with proven record of tremendous success.
He has bettered the lives of many Nigerian through job creation.The bribes you claim he collected were used to establish universities and manufacturing companies in Nigeria.
We don't want Buhari who doesn't know how to make money.

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