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2019 Election

Bank PHB: FG indicts Atiku over N156m

Bank PHB: The Federal Government has indicted Atiku Abubakar, the PDP presidential candidate over N156m over slush funds that led to collapse of the bank

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Former Vice President Atiku Abubakar
Atiku Abubakar, PDP presidential candidate has Nigerians of more jobs if elected
Atiku Abubakar, PDP presidential candidate

Alhaji Atiku Abubakar, the Presidential candidate of the Peoples Democratic Party (PDP) has questions to answer over slush funds that led to the collapse of former Bank PHB.

The Minister of Information and Culture, Alhaji Lai Mohammed, who briefed State House correspondents on Friday in Abuja, said Abubakar would offer explanations to Nigerians once he returned from his trip to the US.

Abubakar’s media aide, Mr Paul Ibeh, had on Thursday, in a statement, confirmed that Abubakar had travelled to US.

Mohammed recalled that he advised the US government against issuing visa to Abubakar.

However, he said  it  remains the prerogative of the US government to issue visa to anyone it deems fit.

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“Let me say right away  we are not perturbed one bit that Alhaji Atiku Abukakar was able to secure visa to the US; as a matter of fact, he can go ahead and get the US Green Card. That will not save him from imminent defeat in the forthcoming election.

“I want to remind Abubakar that the elections will be right here in Nigeria and not in the US.

“In any event, any time Abubakar returns home, he has questions to answer following the fresh evidence that we have that he benefitted from slush funds that led to the collapse of the former Bank PHB.

“The document we have shows that he benefitted to the tune of N156 million from that slush fund.”

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Mohammed said that the  paper which is in his possession  started from an internal memo on  Jan. 13, 2009,  which reads, “please refer for discussion your requested overdraft in favour of Atiku Abubakar for N156 million and deliver same to me.

“Please note that it must be delivered today (Jan. 13). On the same date, another memo was generated to confirm—please confirm that the amount stated below be issued from Claremont Management Services account.”

He said there was clear evidence of the account mandate in the name of Atiku Abubakar.

READ: JAMB registers over 300,000 UTME candidates in 7 days

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“We also have a copy of the cheque in which the sum of N156 million was issued to Atiku Abubakar dated Jan. 13, 2009 and of course we also have statement of account within that period that confirms that this sum was actually paid into his account,’’ he said.

According to him, there is fresh evidence as to Abubakar’s involvement in the collapse of Bank PHB, which he owes the electorates and Nigerians explanation

Abubakar recently alleged President Muhammadu  Buhari’s family members co-own Etisalat Nigeria, Keystone Bank which was formerly Bank PHB.

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