• Latest
  • Trending
  • All
  • News
  • Intimacy
  • Politics
  • Dear Kemi
EFCC Traces Atiku’s Laundered Money To Obasanjo Library

EFCC Traces Atiku’s Laundered Money To Obasanjo Library

August 26, 2019
Nationwide Turmoil Amidst Subsidy Removal Concerns

Nationwide Turmoil Amidst Subsidy Removal Concerns

May 31, 2023
For The Records: President Bola Ahmed Tinubu’s Inaugural Speech

For The Records: President Bola Ahmed Tinubu’s Inaugural Speech

May 31, 2023
Valentine’s Season:  Polaris Bank Excites Existing, Prospective Customers With Mouthwatering Rewards  

Polaris Bank Lifts Female-Owned Businesses with N1bn Loans

May 31, 2023
Shareholders Applaud Fidelity Bank For Exceptional Performance In 2022 FY

Shareholders Applaud Fidelity Bank For Exceptional Performance In 2022 FY

May 31, 2023
#JusticeForTimothyAdegoke#:  Hilton Hotels Chairman, Dr. Adedoyin Found Guilty, To Die By Hanging

#JusticeForTimothyAdegoke#: Hilton Hotels Chairman, Dr. Adedoyin Found Guilty, To Die By Hanging

May 31, 2023
Sanwo Takes Oath With Deputy…Enlists Gender Equality, Social Inclusion, Youth In Dev’t Agenda

Sanwo Takes Oath With Deputy…Enlists Gender Equality, Social Inclusion, Youth In Dev’t Agenda

May 31, 2023
Exclusive! Untold Story Of How Bukola Arugba ‘Snatched’ Damola Olatunji From 1st Wife

Exclusive! Untold Story Of How Bukola Arugba ‘Snatched’ Damola Olatunji From 1st Wife

May 30, 2023
Damola Olatunji’s Marriage To Bukola Arugba Finally Crashes As Wife Declares They Weren’t Married

Damola Olatunji’s Marriage To Bukola Arugba Finally Crashes As Wife Declares They Weren’t Married

May 30, 2023
Tinubu orders DSS to vacate EFCC Lagos office Immediately

Tinubu orders DSS to vacate EFCC Lagos office Immediately

May 30, 2023
Who-Is-The-Better-Singer-Between-Asake-And-Seyi-Vibez

Asake and Seyi Vibez Might Not Last In The Music Industry If They Don’t Change Their Music Style

May 30, 2023
Joao Felix to return to Atletico Madrid

Joao Felix to return to Atletico Madrid

May 30, 2023
Urgent Action Needed to Address AI Extinction Risk, Say Experts

Urgent Action Needed to Address AI Extinction Risk, Say Experts

May 30, 2023
  • Politics
  • Sports
  • Privacy
  • About
  • Contact
Kemi Ashefon Love Haven
  • News
  • Politics
  • Tech
  • Entertainment
  • Sports
  • Intimacy
    • Just Singles
  • Dear Kemi
  • News
  • Politics
  • Tech
  • Entertainment
  • Sports
  • Intimacy
    • Just Singles
  • Dear Kemi
No Result
View All Result
Kemi Ashefon Love Haven
No Result
View All Result
Home Featured

EFCC Traces Atiku’s Laundered Money To Obasanjo Library

Kemi Ashefon by Kemi Ashefon
4 years ago
in Featured, News
Reading Time: 2 mins read
0
EFCC Traces Atiku’s Laundered Money To Obasanjo Library

OBJ Presidential Library

515
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

The Economic and Financial Crimes Commission (EFCC) has extended to Olusegun Obasanjo Presidential Library, its investigation of the laundered 150 million euros cash-for-poll by associates of former vice-president Atiku Abubakar.
It was learnt that the investigators went to the Library on August 8 to authenticate the claims by one of those under probe that he gave $140,000 (about N50 million) to one of the library officials.
According to reports, the EFCC officials, accompanied by policemen, combed some offices at the former President’s Library.
It could not be confirmed whether any document was taken away by the operatives, but nobody was arrested.
“Our operatives went to the library with some riot policemen in anticipation of possible resistance. But there was none. We did our job lawfully without any inhibition. We are still investigating the case. We are screening some documents in our possession on the matter,” an EFCC investigator told The Nation.
The Olusegun Obasanjo Presidential Library was opened on March 4, 2017. It is a historic, tourist and academic centre established as a national archive for the preservation of documents and materials used by the President during his tenure between 1999 and 2007.
Atiku’s son-in-law Abdullahi Babalele is being investigated alongside others for allegedly laundering €150 million. The money was believed to have been spent to influence the 2019 election in which Atiku was the Peoples Democratic Party (PDP) candidate.
About €67, 950,000 was traced to ex-VP Atiku’s associate Mr Uyi Giwa-Osagie’s account, Babalele’s account, two slush firms and two Bureau de Change operators.
Babalele is expected to account for 41,900,000 euros.
Sources said of the cash credited to Babalele’s account, he gave about N50million ($140,000) to his childhood friend, Bashir Mohammed to deliver to an official at the Presidential Library in Abeokuta. The anti-graft agency is investigating why the money was taken to the Presidential Library.
Bashir has reportedly admitted that he delivered the cash to the Presidential Library.
It was learnt that Bashir was taken by detectives to the Presidential Library.
Those interrogated including Babalele, Osagie and Mohammed, are on administrative bail pending the filing of a case against them.”

  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2022 Kemi Ashefon Love Haven - Designed by Phatfirm.

No Result
View All Result
  • Dear Kemi
  • Newsmakers
  • Entertainment

© 2022 Kemi Ashefon Love Haven - Designed by Phatfirm.