Atiku to answer questions on collapse of Bank PHB – Lai Mohammed

Atiku to answer questions on collapse of Bank PHB – Lai Mohammed

Atiku Abubakar, the Presidential candidate of the Peoples Democratic Party(PDP) has questions to answer over slush funds that led to the collapse of f

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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, said Abubakar would offer explanations to Nigerians once he returned from his trip to the US.

Lai 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.
“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.”

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.” 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.