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AAtiku’s Wife, Titi Testifies In Court How She Was Defrauded Of N918m

Wife of former Vice-President Atiku Abubakar , Mrs. Amina Titi Atiku Abubakar, told a Lagos State High Court in Ikeja on Friday that she was defrauded of the sum of N918 million by former governorship aspirant in Akwa Ibom State identified as Nsikakabasi Akpan.titi-atiku-abubakare Justice Oluwatoyin Ipaye, Mrs Abubakar said: “I have never been inside a court before. Not even a police station in all my life. I am here because I want Justice.

“All my investment and even profit is gone. I want this to serve as a deterrence to other fraudsters that they can’t defraud people and not face Justice.”


Mrs. Abubakar told the court that Akpan Jacobs, a pastor used the money to contest for governorship in Akwa Ibom State.

The company allegedly belonged to Mrs. Abubakar, Dan and Fred Holmes both working for Julius Berger at the time.

The company was formed in 2000 with 49 per cent shares to Mrs. Abubakar, 25 per cent to Holmes and 25 per cent to Akpan Jacobs.

Akpan Jacobs who doubled as the company’s managing director and secretary was however alleged to gone to the Corporate Affairs Commission where he altered the share arrangement in his favour.

He was alleged to have forged a company board resolution distributing the shares ownership giving himself 70 per cent, 15 per cent to Mrs. Abubakar, and 15 per cent to Holmes.

With the shares re-distribution, Akpan Jacobs was alleged to have fraudulently assumed full ownership of  THAShipping  and subsequently sold a property worth N918m belonging to the company to Dana Motor Nigeria Ltd.

Akpan Jacobs and Abdulmalik Ibrahim are facing a 15 count charge of fraud and stealing N918 million being proceeds of sale of a property situate at Plot C63A , Amuwo Odofin

Commercial Layout along Oshodi Apapa Expressway, belonging to the Maritime Services Limited.

They however pleaded not guilty to the charge brought against them by the Economic and Financial Crimes Commission (EFCC).

Mrs. Titi Atiku Abubakar is expected to continue her evidence on December 14, 2016 when the trail continues.

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