Corruption RadarPolitics

BREAKING: EFCC traces Atiku’s Laundered Money to Obasanjo’s Library

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 a 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.

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.”

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  1. Story for the Gods. Why not go and investigate tinubu as well, or go after abacha or babangida.
    Buhari is looking for always to nail atiku so as to make the tribunal works for his favour. We all know that the tribunal will favour you already, so you don’t need to through all these process.

  2. The problems we have in Nigeria is people complaining about bad economy and blaming Buhari, when they know that the treasury was looted to ground zero by their heros. Nigeria will not move forward as Long as some people with criminal mindsets continue to celebrate criminals. Kudos to Buhari-Osinbajo for all this recovered money and prosecutions.

  3. Chasing shadows, buhari should be civil and gentlemanly for once. All these for the sake of rubbishing the only credible and formidable challenger in order to clear the coast for himself. What a greedy old lunatic. God deliver Nigeria.

  4. It is indeed reduculous. This information I don’t really believe. There are many people that should be investigated under the current administration. Obasanjo, administration was long ago. The current administration should do the needful. Nigeria should be assisted to grow into a better society.

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