• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Thursday, May 15, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

$460,000 Forfeiture: You Can’t Outrun Your Past, Atiku Tells Tinubu

by Leadership News
2 years ago
in Politics
Share on WhatsAppShare on FacebookShare on XTelegram

Peoples Democratic Party (PDP) Presidential candidate Atiku Abubakar has derided the All Progressives Congress (APC) and its presidential candidate, Bola Tinubu, for attempting to present the $460,000 forfeiture case as tax evasion related matter and not drug charges.

Advertisement

Atiku, in a statement by his special assistant on Public Communication, Mr. Phrank Shaibu  said after the lies told by Tinubu and his surrogates, the truth had finally been unravelled through the processes filed by the All Progressives Congress (APC) at the Presidential Election Petition Tribunal.

He said, “Festus Keyamo had gone on national television to say that Tinubu’s forfeiture of $460,000 was based on tax obligations. At least they have now finally admitted that the forfeiture was in relation to a drug trafficking case even though Tinubu did not admit guilt.

“But what has been established is that Justice John Nordberg ordered on October 4, 1993 that the funds in the amount of $460,000 held in First Heritage Bank in the name of Bola Tinubu represent the proceeds of narcotics trafficking or were involved in financial transactions in violation of 18 U.S. 1956 and 1957.

“Tinubu should know that he cannot outrun his past. He was investigated in relation to heroin trafficking. He had millions of dollars in his account while on a salary of $2,500 monthly, and he forfeited part of it in order to escape jail. These are the facts. Elections are over, and he should stop lying to Nigerians.”

RELATED

Abia To Get Smart City

I Defected To LP To Support Otti Deliver Campaign Pledges – PDP Lawmaker

2 hours ago
PDP NWC Disowns Anyanwu, Affirms Udeh-Okoye As Party’s National Secretary

South East PDP Hints On Mass Exit Over National Secretary Crisis

4 hours ago

Atiku said Keyamo’s lack of understanding of the legal proceedings was one of the reasons he failed as a prosecutor with the Economic and Financial Crimes Commission (EFCC).

“Festus Keyamo’s law degree really needs to be investigated. One wonders how he even became a senior advocate. He went on national television to say the $460,000 was a fine for not paying taxes.

“Now, Tinubu is telling the Election Petition Tribunal that the money in question was forfeited as part of a court decree in relation to his drug case. No wonder Keyamo lost so many high profile cases with the EFCC while he was a prosecutor,” Shaibu said.

 

 

 

The statement however, knocked Tinubu for claiming that he was not under investigation, but only the funds in his bank accounts were under probe.

 

 

 

He asked Tinubu to explain to Nigerians how he was able to deposit millions of dollars one year after opening bank accounts while earning a salary of $2,500 at Mobil.

 

 

 

“Elections are over,  but Tinubu is still trying to deceive Nigerians. Is he saying the millions of dollars found in his account just magically appeared there just as how his aide said on live television that the bullion van found on his premises ahead of the 2019 poll erroneously found their way there?

 

 

 

“Tinubu should stop taking Nigerians for a ride. Let him explain the business he did in order to have such a humongous sum of money in his account.”

 

 

 

Shaibu said a Tinubu presidency would represent a setback in the fight against narcotics,  given his antecedents and his open admission that he lived with known drug kingpins.

 

 

 

Shaibu implored the US authorities to set aside diplomatic protocols and furnish the Nigerian judiciary with all information relating to the trial and verdict of the US investigation of Tinubu over drug dealings and his forfeiture of the sum of 460,000 US dollars during his conviction.

 

 

 

“The US should not associate with electoral thieves by merely stating whether he is still under probe or not. We need in-depth details of this corn-man,” Shaibu said.

 

 

 

 


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel



SendShareTweetShare
Previous Post

Region Won’t Decide How We Choose Senate President – Sen Jarigbe

Next Post

Dormant Bank Account Holders May Forfeit Balances After 10 Years – CBN

Leadership News

Leadership News

You May Like

Abia To Get Smart City
Politics

I Defected To LP To Support Otti Deliver Campaign Pledges – PDP Lawmaker

2025/05/15
PDP NWC Disowns Anyanwu, Affirms Udeh-Okoye As Party’s National Secretary
Politics

South East PDP Hints On Mass Exit Over National Secretary Crisis

2025/05/15
ADC Dissolves Exco, Inaugurates New Leadership in Imo
Politics

ADC Vows To Deliver Next President With 35m Votes

2025/05/15
APC Delegates Urged To Vote For Badaru As President
Politics

Groups Seek Defence Minister’s Resignation Over Insecurity In North

2025/05/15
Nigerian President Makes 3000 Decisions Weekly – Adebayo
Politics

Why Nigeria Can’t Be One-party State – Adebayo

2025/05/15
Olawepo-Hashim Congratulates Tinubu, Tasks Him On National Reconciliation
Politics

Olawepo-Hashim Seeks Return To Value-based Politics

2025/05/15
Leadership Conference advertisement

LATEST

2 Kano Federal Lawmakers Dump NNPP For APC

2025 UMTE: Aisha Yesufu Demands Sack Of Education Minister

UMTE Error: UNILORIN Salutes JAMB Registrar Oloyede’s Courage, Leadership

U-20 AFCON: South Africa Can’t Stop Us, Flying Eagles Goalkeeper Boasts

Kwara Governor Wishes Football Star Taiwo Awoniyi Quick Recovery

Facilities Upgrade: World Class Experts Arrive Abuja To Assess Moshood Abiola Stadium

Femi Adesina Hails Rev Osaren Emokpae Over Latest Work On Faith, Resilience

Oyo Govt Launches Export-ready Food Products

Lagos Govt Threatens Worship, Entertainment Centres Over Noise Pollution

Lions Int’l MD404 Nigeria Embarks On Massive Healthcare Intervention Projects

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.