Full Document Of How Atiku Wired $40m Suspect Funds To US As Nigerian VP Re-surfaces (PDF)

Atiku Abubakar

Genuine reasons PDP flagbearer in Saturday's primaries held in Rivers State Atiku Abubakar is purportedly abstaining from venturing out to the United States since he lost insusceptibility as Nigerian VP may not be detached to a US Senate report itemizing how the ex-VP abused US powerless enemy of cash laundery controls to wire $40m suspect assets as a substitute into the US somewhere in the range of 2000 and 2008 while filling in as Nigerian Vice President . 

In a 328-page report acquired by Concise News on Tuesday, Atiku has bunches of inquiries stamps on his head verging on defilement, pay off and sneaking of $40m speculate assets into the US in light of discoveries from examinations completed by US Senate Permanent Subcommittee On Investigations. 

The report titled 'KEEPING FOREIGN CORRUPTION OUT OF THE UNITED STATES: FOUR CASE HISTORIES' and submitted to US Senate on February 4, 2010 committed pages 173 - 242 (69 pages) to specifying Atiku Abubakar's shady arrangements in the US, one of the four contextual investigations in the report. 

See full report below:

Different cases or pirating presume assets into the US contained in the report included those of: 

I. Teodoro Nguema Obiang Mangue, the 40-year-old child of Teodoro Nguema Obiang Mbasogo, ex-President of Equatorial Guinea. 

ii. El Hadj Omar Bongo Ondimba, the President of Gabon for a long time until his demise in June 200. 

iii. Angolan arms merchant, government official, and an Angolan private bank. 

For Atiku's situation examine titled: ABUBAKAR CASE STUDY: USING OFFSHORE COMPANIES TO BRING SUSPECT FUNDS INTO THE UNITED STATES, the US senate subcommittee presented that: 

Jennifer Douglas Abubakar, a U.S. resident and fourth spouse of Atiku Abubakar, helped her significant other bring over $40 million in presume assets into the United States somewhere in the range of 2000 and 2008, including at any rate $1.7 million in fix installments from Siemens AG, a German partnership, and over $38 million from little-known seaward organizations, principally LetsGo Ltd. Inc., Guernsey Trust Company Nigeria Ltd., and Sima Holding Ltd. 

Suspicious Offshore Wire Transactions 

"Over portion of the presume reserves, almost $25 million, were wired by the seaward companies into U.S. financial balances opened by Ms. Douglas. For more often than not period inspected, the U.S. keeps money with those records were uninformed of Ms. Douglas' PEP status, and permitted different vast wire moves into her records from the seaward partnerships. As, after some time, every one of the banks started to scrutinize the wire moves into her records, Ms. Douglas demonstrated that the majority of the assets originated from her better half and claimed little commonality with the seaward enterprises really sending her cash," discoveries by the US Senate subcommittee uncovers. 

"Bank records demonstrate that Ms. Douglas utilized the greater part of the assets set into her records to help a rich way of life in the United States, paying Visa bills and family unit costs in the scope of $10,000 to $90,000 every month, including generous lawful and bookkeeping bills. She likewise exchanged assets to accounts she opened for the Gede Foundation, a philanthropic company she built up in 2002, and the American University of Nigeria (AUN), a college that Mr. Abubakar established in 2003, and whose name mirrors its relationship with American University in the United States.