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CCB to investigate Atiku Abubakar over alleged fund diversion

Former vice president, Atiku Abubakar is to be investigated by the Code of Conduct Bureau for allegedly using the Special Purpose Vehicle (SPV) to divert funds between 1999 and 2007.

This is sequel to a petition filed against Abubakar by the Minister of State for Labour and Employment, Festus Keyamo, in the build-up to the just-concluded presidential poll.

A statement by the Assistant Head of Chambers at the Festus Keyamo Chambers, John Ainetor on Thursday confirmed this development.

In the case filed at the Federal High Court, Abuja, by the Festus Keyamo Chamber, the plaintiff joined CCB, Independent Corrupt Practices and Other Related Offences Commission (ICPC) and the Economic and Financial Crimes Commission (EFCC) as 2nd, 3rd and 4th defendants respectively, while Atiku is the first defendant.

The plaintiff (Keyamo) sought a declaration of the court that Abubakar is under legal obligation to make available to the 2nd, 3rd and 4th defendants, information of a certain bank account belonging to a company named Marine Float and other accounts of two undisclosed companies, which he disclosed to a close aide of his called Michael Achimugu, as to how the said accounts were used as “Special Purpose Vehicles” to secretly divert and misappropriate public funds between 1999 and 2007 when the 1st Defendant served as Vice President of Nigeria.

Keyamo is also to help the CCB secure the presence of the whistleblower, Michael Achimugu to assist in the investigation.

The CCB, on Tuesday, formally confirmed receipt of the petition and extended an invitation to Keyamo.

Writing by Muzha Kucha; Editing by Annabel Nwachukwu