JUST IN: FG engaged US firm to recover illicit funds ‘linked’ to PDP Presidential candidate, Atiku Abubakar | NN NEWS

Federal government has engaged the services of a US firm to recover illicit funds allegedly traced to the account of Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP).

The firm was also contracted to retrieve such funds from the accounts of Ayodele Fayose, former Ekiti governor, and Musiliu Obanikoro, a former senator.

According to the Cable In a memo marked, HAGF/AABIOLA/USA/2021/VOL.1/1 — and dated May 31, 2021 — Abubakar Malami, attorney-general of the federation (AGF), engaged Akib Abiola as the lead recovery agent to recover the funds on behalf of the federal government.

In the letter of engagement, Malami tasked Abiola to act on behalf of the federal government to recover the stolen assets which he said are currently under forfeiture proceedings.

The letter reads, ” following the proposal submitted by Mr. Akib Abiola. (hereinafter “Lead Recovery Agent”) vide letter dated 9 March and 6 May 2021 respectively, please be informed that the federal government of Nigeria has engaged you to recover the funds traced to the accounts located in the United States of America and belonging to the individuals listed in paragraph 2 of this engagement letter (hereinafter illicit funds).

“The scope of the engagement is for the recovery of the illicit funds traced to Mr. Atiku Abubakar, Mr. Ayo Fayose, And Mr. Musiliu Obanikoro in the United States of America.” to recover illicit funds ‘linked’ to Atiku

The federal government engaged the services of a US firm to recover illicit funds allegedly traced to the account of Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP).

The firm was also contracted to retrieve such funds from the accounts of Ayodele Fayose, former Ekiti governor, and Musiliu Obanikoro, a former senator.

In a memo marked HAGF/AABIOLA/USA/2021/VOL.1/1 — and dated May 31, 2021 — Abubakar Malami, attorney-general of the federation (AGF), engaged Akib Abiola as the lead recovery agent to recover the funds on behalf of the federal government.

In the letter of engagement, Malami tasked Abiola to act on behalf of the federal government to recover the stolen assets which he said are currently under forfeiture proceedings.

Following the proposal submitted by Mr. Akib Abiola. (hereinafter “Lead Recovery Agent”) vide letter dated 9 March and 6 May 2021 respectively, please be informed that the federal government of Nigeria has engaged you to recover the funds traced to the accounts located in the United States of America and belonging to the individuals listed in paragraph 2 of this engagement letter (hereinafter illicit funds),” the letter reads.

“The scope of the engagement is for the recovery of the illicit funds traced to Mr. Atiku Abubakar, Mr. Ayo Fayose, And Mr. Musiliu Obanikoro in the United States of America.”

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