Mrs Titi Atiku, wife of former Vice-President Abubakar Atiku, told an
Titi made this claim while being cross-examined on Wednesday by Mr
“I paid N49 million for the land used as the premises of THA Shipping,
“The N49 million was given to Akpan-Jacobs to purchase the land, but
“He never contributed a dime, he was just like an errand boy,” Atiku said.
The Economic and Financial Crimes Commission (EFCC) had charged
THA Shipping Maritime Services Ltd, a company created in 2000, is
Atiku was alleged to be the majority shareholder with 49 per cent
Akpan-Jacobs, who also doubled as the company’s Managing Director and
He allegedly allotted 70 per cent shares to himself and 15 per cent
According to the EFCC, welding a fraudulent shareholding power,
The property is located at Plot C63 A, Amuwo-Odofin Commercial Layout along Oshodi-Apapa Expressway, Lagos.
Responding to Atiku’s claim that Akpan-Jacobs was her errand boy, Ibe
“He was made an MD to stand in for Mr Fred Holmes because Holmes had not resigned from his job.
“When it was time for Akpan to step down as the MD, he refused because
The wife of ex-VP denied Ibe’s claims that Akpan-Jacobs owned and
“Is he the one who bought the land, built the building? He was merely
“My clout gave the company a lot of prestige, a lot of people wanted
NAN recalls that while giving evidence on May 23, Atiku had told the
court that she had used her maiden name, Florence Doregos,
for business transactions because she was serving in government at the time.
She denied Ibe’s accusations that Akpan-Jacobs never forged her
Mrs Atiku also denied Akpan-Jacobs claims that she never contributed
“I have a breakdown of the costs used in the construction of the
“I never said the property was built by Julius Berger, Mr Holmes was a
“There was a document that Akpan-Jacobs had showed me that was signed Abubakar, I told him that that was not Titi Abubakar’s signature.
“He forged Florence Doregos signature in a number of documents,” she said.
Atiku also told the court that she and Holmes on April 6, 2009 passed
“He had sold the property by the time we passed that resolution but we
“My lawyer, Mr Chima went to Dana Motors Ltd made efforts to stop the
“When Mr Chima went to Dana Motors Ltd to tell them that the property
“I only gave power of attorney to one Ms Springerbeck, a German
“Akpan used the property as collateral for a loan from First Bank
“When he could not pay the loan and settle his creditors, he sold THA
“I am not aware that a deed of assignment was signed by a secretary
Mr Babatunde Sonoiki, the EFCC counsel, while re-examining Atiku,
“Did you ever sign board resolutions assigning anyone as company
Atiku replied: “I never signed any board resolution for any of those purposes.”
Justice Oluwatoyin Ipaye adjourned the case until July 6 for
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