₦airaland Forum

ATIKU AND THE JEFFERSON SCANDAL

Atiku Abubakar was Nigeria’s vice president from 1999-2007. He has not visited the the United States since leaving office. He blames it on US authorities not granting him visa to visit the country. Anyway, it is connected to a corruption case concerning one William Jefferson, a former American Congress man. He was involved in promoting US businesses in Africa.

In June 2006, a letter from the Attorney-General of the United States sought the help of the Nigerian government to investigate a case of bribery, wired fraud and conspiracy involving a US company iGate and Netlink Digital Telivision (NDTV), a Nigerian company. The US listed the names of thirty persons involved in the deal and Atiku Abubakar is believed to be one of them. The request was an opportunity for the Economic and Financial Crimes Commission (EFCC) to handle another high profile corruption case, this time involving the number two citizen of Nigeria.

How did the failed deal unfold?

The Nigerian company NDTV had entered a deal to procure some information technology equipment from iGate for its proposed satellite television. Jefferson had infracted US law in his dealings, but the US needed Nigeria to help nab his collaborators.
Atiku was suspected of using his office as Vice President to corruptly enrich himself and his friends who were involved in the deal on the Nigerian side. He was also suspected to be prepared to received kick-backs from Jefferson for the role he played in facilitating the deal.

Atiku’s involvement stems from his role as the supervisor of the Petroleum Technology Development Fund (PTDF). President Obasanjo had in April 2003 approved 125million Dollars for the running of the PTDF. With the knowledge of Atiku, the amount was deposited in Trans International Bank (TIB) and Equitorial Trust Bank (ETB).

In October 2003, without the approval of the Federal Executive Council, Atiku gave the Accountant General of the Federation the go ahead to release some 20million dollars to the PTDF.
If the findings of the administrative panel that examined EFCC report on the scandal is anything to go by, the Executive Secretary of the PTDF Yusuf Abubakar on receiving the 20million dollars deposited same for 365days in an interest yielding account in TIB. 
In the heat of the investigation the Executive Secretary fled the country.
Let’s look at the amounts deposited in TIB:

Findings have it that the initial 10million Dollars deposited in the Bank as PTDF money was converted to loan for NDTV owned by Atiku and friends. From EFCC report as soon as the PTDF’s Secretary deposited the second installment of 20million Dollars, NDTV received another loan of 730 million Naira.

According to the EFCC, it was from these loans that NDTV remitted 6.5 million Dollars to US Company iGate.
The EFCC suspected Atiku was a direct beneficiary of the deal as he had interest in NDTV. Reports have it that the office complex of NDTV in Abuja belongs to Atiku. The EFCC also reported that the office complex was bought with part of the money meant for PTDF.

The EFCC report also reveals that it was after some 50 million Dollars of PTDF money was deposited in Equitorial Trust Bank that Mike Adenuga’s Globacom paid 20million Dollars non refundable deposit to the Nigeria Communication Commission (NCC) for the bidding of the second National Order. 
You would recall that Adenuga had interest in the defunct Equitorial Bank. The EFCC also suspected that Atiku has 12.5% share in Globacom.
According to the commission, the 12.5% share belonging to one Prince Babatunde Akinyera was only a front for Atiku.

Atiku was therefore accused by the administrative panel set up by President Obasanjo of abusing his office and diverting federal government money into private ventures. The panel wondered why Atiku was in a hurry to release funds meant for future project far ahead of time. Doing this in flagrant disobedience of due process raised serious questions of corruption.

Atiku had said he disbursed the money without recourse to FEC having received the approval of Obasanjo for the 125million Dollars. He felt there was no need going back to request approval to spend the money.

The panel indicted Atiku and recommended he be brought before the Code of Conduct Bureau for necessary action.

https://web.facebook.com/StateAffairsNG

Wait for the hungry children with their empty plates to defend him.

They are the real almajiris and not those innocent kids.

You know what time it is?
This season and time is ATIKULATED FOR ATIKU

Op,keep trying I know you have got a job to keep

What's the essence of this thread..to tell us not to vote for Turaki?

Forget it..

We told you a billion times..even if the world is looking for Atiku.. for breaking and entry..we will still vote..

Mr integrity has done Nigeria more harm than good..and we're saying no to him..he should retire back to daura..
If Atiku jonze us.. we'll retire him after four years..

We just can't simply continue like this with Buhari..

Or are you trying to tell us to vote buhari for another four years ?

Hmmm
Don't think it will be possible?bro

So because buhari did not clear the rot of PDP's 16 years in his 3years rule. We should now go and vote for the people that put us in this mess.
Its like head is paining all these ATIKULOOTERS.

These despicable BMC dudes think spamming Nairaland with unproven and flat posts on Atiku's alleged corruption case will demote him or we his followers we know the truth already and we are ready to Atikulate come February 2019! Atiku was never indicted, how do I know this? He would have been summoned like Buruji and Ibori but these zombies no go wan gree so who cares!

Ipob love/ support any criminals sha.

JOHNEMMA1:
ATIKU AND THE JEFFERSON SCANDAL

Atiku Abubakar was Nigeria’s vice president from 1999-2007. He has not visited the the United States since leaving office. He blames it on US authorities not granting him visa to visit the country. Anyway, it is connected to a corruption case concerning one William Jefferson, a former American Congress man. He was involved in promoting US businesses in Africa.

In June 2006, a letter from the Attorney-General of the United States sought the help of the Nigerian government to investigate a case of bribery, wired fraud and conspiracy involving a US company iGate and Netlink Digital Telivision (NDTV), a Nigerian company. The US listed the names of thirty persons involved in the deal and Atiku Abubakar is believed to be one of them. The request was an opportunity for the Economic and Financial Crimes Commission (EFCC) to handle another high profile corruption case, this time involving the number two citizen of Nigeria.

How did the failed deal unfold?

The Nigerian company NDTV had entered a deal to procure some information technology equipment from iGate for its proposed satellite television. Jefferson had infracted US law in his dealings, but the US needed Nigeria to help nab his collaborators.
Atiku was suspected of using his office as Vice President to corruptly enrich himself and his friends who were involved in the deal on the Nigerian side. He was also suspected to be prepared to received kick-backs from Jefferson for the role he played in facilitating the deal.

Atiku’s involvement stems from his role as the supervisor of the Petroleum Technology Development Fund (PTDF). President Obasanjo had in April 2003 approved 125million Dollars for the running of the PTDF. With the knowledge of Atiku, the amount was deposited in Trans International Bank (TIB) and Equitorial Trust Bank (ETB).

In October 2003, without the approval of the Federal Executive Council, Atiku gave the Accountant General of the Federation the go ahead to release some 20million dollars to the PTDF.
If the findings of the administrative panel that examined EFCC report on the scandal is anything to go by, the Executive Secretary of the PTDF Yusuf Abubakar on receiving the 20million dollars deposited same for 365days in an interest yielding account in TIB. 
In the heat of the investigation the Executive Secretary fled the country.
Let’s look at the amounts deposited in TIB:

Findings have it that the initial 10million Dollars deposited in the Bank as PTDF money was converted to loan for NDTV owned by Atiku and friends. From EFCC report as soon as the PTDF’s Secretary deposited the second installment of 20million Dollars, NDTV received another loan of 730 million Naira.

According to the EFCC, it was from these loans that NDTV remitted 6.5 million Dollars to US Company iGate.
The EFCC suspected Atiku was a direct beneficiary of the deal as he had interest in NDTV. Reports have it that the office complex of NDTV in Abuja belongs to Atiku. The EFCC also reported that the office complex was bought with part of the money meant for PTDF.

The EFCC report also reveals that it was after some 50 million Dollars of PTDF money was deposited in Equitorial Trust Bank that Mike Adenuga’s Globacom paid 20million Dollars non refundable deposit to the Nigeria Communication Commission (NCC) for the bidding of the second National Order. 
You would recall that Adenuga had interest in the defunct Equitorial Bank. The EFCC also suspected that Atiku has 12.5% share in Globacom.
According to the commission, the 12.5% share belonging to one Prince Babatunde Akinyera was only a front for Atiku.

Atiku was therefore accused by the administrative panel set up by President Obasanjo of abusing his office and diverting federal government money into private ventures. The panel wondered why Atiku was in a hurry to release funds meant for future project far ahead of time. Doing this in flagrant disobedience of due process raised serious questions of corruption.

Atiku had said he disbursed the money without recourse to FEC having received the approval of Obasanjo for the 125million Dollars. He felt there was no need going back to request approval to spend the money.

The panel indicted Atiku and recommended he be brought before the Code of Conduct Bureau for necessary action.

https://web.facebook.com/StateAffairsNG

If APC is serious about taking down Atiku image they should contact me via my signature. I have domain names that can be used to compile all negative stories that can then be disseminated easily via social media.

This sort of thing was done during US Presidential Elections of 2016 by Trump and he won by making people less enthusiastic about Hillary.

Any Atiku supporters that don't want something like this to happen should contact me and keep the domain names for themselves.

By creating a page that says what you want, you can then spawn social media handles or use social media influencers to widely circulate the links. Cambridge Analytica did this for the Republican party.

Information warfare is the future of politics.