Close Menu
Chronicle NG
    Trending Stories
    CDCFIB gives updates on paramilitary recruitment exercise

    CDCFIB gives updates on paramilitary recruitment exercise

    April 11, 2026
    Ondo youths protest prolonged captivity of 176 abductees

    Ondo residents protest incessant abductions, killings by terrorists

    April 11, 2026
    Olise scores brace as Bayern sink Atalanta 6-1

    Bayern Munich break 53-year-old Bundesliga goal record

    April 11, 2026
    Facebook X (Twitter) Instagram
    Trending
    • CDCFIB gives updates on paramilitary recruitment exercise
    • Ondo residents protest incessant abductions, killings by terrorists
    • Bayern Munich break 53-year-old Bundesliga goal record
    • Gunmen kill traditional ruler, security operatives in Imo
    • Liverpool end winless run with 2-0 victory over Fulham
    • PDP faction loyal to Wike takes over party’s secretariat in Abuja
    • CBN rolls out 10 BVN rules to curb fraud
    • Shehu Sani backs FG move to revoke passports of ex-citizens
    Facebook X (Twitter) Instagram
    Chronicle NGChronicle NG
    Subscribe
    Sunday, April 12
    • News
      • Nigeria News
      • World News
      • Headlines News
    • Politics
    • Business
    • Sport
    • Entertainment
    • Contact Us
    Chronicle NG

    Atiku’s university a byproduct of corruption – ISD

    Chronicle EditorBy Chronicle EditorOctober 23, 2018No Comments2 Mins Read
    Facebook Twitter Telegram WhatsApp
    Obidients have urged Atiku Abubakar to abandon his presidential ambition in 2027 and support Obi for the ADC presidential ticket.
    Former Vice President Atiku Abubakar
    Facebook Twitter WhatsApp
    Vice President Atiku Abubakar is a PDP presidential aspirant
    Vice President Atiku Abubakar is a PDP presidential candidate

    A political group in Nigeria has noted that the American University of Nigeria owned by former Vice President Atiku Abubakar is a product of corruption.

    The Initiative to Save Democracy (ISD) told journalists on Monday that it was in possession of United States Senate, Permanent Subcommittee on Investigations report by the Committee on Homeland Security and Governmental Affairs that reveals how Mr Abubakar bribed to establish the university.

    The committee that was chaired by Senator Carl Levin revealed in 2010 how Mr Abubakar through one of his wives, Jennifer Douglas, illegally transferred over $40 million to offshore accounts.

    “In addition, two of the offshore corporations wire transferred about $14 million over five years to American University in Washington, DC, to pay for consulting services related to the development of a Nigerian university founded by Mr. Abubakar.

    “American University accepted the wire transfers without asking about the identity of the offshore corporations or the source of their funds, because under current law, the University had no legal obligation to inquire,” Levin said at the time.

    READ: DSS denies aiding Nnamdi Kanu’s escape

    Specifically, the report said Mrs Jennifer Douglas (Jennifer Atiku Abubakar), an American citizen, helped her husband bring over $40 million in suspect funds into the United States through wire transfers sent by offshore corporations to US bank accounts.

    In 2004, the then President Bush barred Mr Atiku and other corrupt politically exposed persons from being issued visa to the United States.

    According to James Akinloye, President of the ISD, Mr Atiku Abubakar should be in jail now.

    “How do you own a school affiliated to the American University in Washington DC but cannot step your foot on US soil?” he quizzed.

    “Mr Atiku is the face of corruption and anything he has built or established with Nigerian funds is a byproduct of corruption,” he noted.

    “Mr Atiku should be in jail. He should not be contesting an election and that is why the United States and international community will never take us seriously.

    The group urged Nigerians to ignore Mr Abubakar’s ambition to become President in 2019, stressing that, it will only taint the image of the country.

    “Nigerians must not allow themselves to be fooled by Mr Atiku’s money, he is only plotting how to plunder the treasury and we must not allow it.

    Share. Facebook Twitter Telegram WhatsApp

    Keep Reading

    CDCFIB gives updates on paramilitary recruitment exercise

    CDCFIB gives updates on paramilitary recruitment exercise

    Ondo youths protest prolonged captivity of 176 abductees

    Ondo residents protest incessant abductions, killings by terrorists

    Gunmen shoot dead Ebonyi monarch inside palace

    Gunmen kill traditional ruler, security operatives in Imo

    Protest at PDP national secretariat as Wike-led faction takes over

    PDP faction loyal to Wike takes over party’s secretariat in Abuja

    CBN announces new BVN rules to strengthen digital banking security in Nigeria

    CBN rolls out 10 BVN rules to curb fraud

    Shehu Sani supports Nigerian government decision to revoke passports of citizens who renounce nationality

    Shehu Sani backs FG move to revoke passports of ex-citizens

    Subscribe to News

    Be the first to get the latest news updates from ChronicleNG about world, sports, politics etc

    CDCFIB gives updates on paramilitary recruitment exercise

    CDCFIB gives updates on paramilitary recruitment exercise

    April 11, 2026
    Ondo youths protest prolonged captivity of 176 abductees

    Ondo residents protest incessant abductions, killings by terrorists

    April 11, 2026
    Olise scores brace as Bayern sink Atalanta 6-1

    Bayern Munich break 53-year-old Bundesliga goal record

    April 11, 2026
    Gunmen shoot dead Ebonyi monarch inside palace

    Gunmen kill traditional ruler, security operatives in Imo

    April 11, 2026
    Liverpool extend Premier League lead with 2-0 victory over Newcastle

    Liverpool end winless run with 2-0 victory over Fulham

    April 11, 2026
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2026 ChronicleNG

    Type above and press Enter to search. Press Esc to cancel.