Close Menu
Podium ReportersPodium Reporters
  • Home
  • News
  • Economy
    • Global
    • Nigerian
  • Education
  • Politics
    • Asia
    • Africa
    • Europe
    • Finance
    • Nigeria
    • US & Canada
    • World
  • Science
    • Health
  • Lifestyle
    • Entertainment
      • Comedy
      • Ent & Arts
      • Film & Drama
      • Music
      • videos
    • Homes
    • Luxury
    • Media & Culture
  • Sports
  • Others
    • About us
    • Get In Touch
Facebook X (Twitter) Instagram
Trending
  • “Step Aside From My Investigation, You Have Grudges Against Me” – Malami Tells EFCC Chairman
  • NAF Airstrikes Kill Terrorists, Destroy Hideouts In Borno
  • Begging is a Muslim culture — Peter Obi says in new religious attack
  • ECOWAS Announces State Of Emergency In West Africa
  • Air Force Explains Why C-130 Aircraft Landed Safely In Burkina Faso
  • PEBEC Names NCC Among Nigeria’s Top Five Best-Performing Agencies for 2025
  • Washington Gives Nod to Abuja: Tinubu’s Rescue of 100 Catholic Schoolchildren Framed as Turning Point in Security Response
  • Ribadu Receives U.S. Congressional Delegation In Abuja For Security Consultation
Facebook X (Twitter) Instagram
Tuesday, December 16
Podium ReportersPodium Reporters
Demo
  • Home
  • News
  • Economy
    • Global
    • Nigerian
  • Education
  • Politics
    1. Asia
    2. Africa
    3. Europe
    4. Finance
    5. Nigeria
    6. US & Canada
    7. World
    8. View All

    Korea-Africa Summit: Has a new chapter opened in South Korea-Africa Relations?

    9 June 2024

    Aregbesola Champions Easier Path to Naturalisation, Announces Brown Card For Permanent Residency 

    28 May 2023

    Amnesty International’s Report: A Fictional Drama Masquerading as Human Rights Work

    29 May 2025

    A Word of Caution to the Nigerian Public: Don’t Fall for the Traore Fake Hype

    5 May 2025

    Nigeria’s Golden Deal That Few Are Talking About

    23 March 2025

    AU Endorses Nigeria as AfCFTA Digital Trade Champion

    17 February 2025

    UK-based Obidient, Oluomo of Derby accused of turning “Nigerians in UK” group into personal company; rakes in over £100k in secret deals

    24 January 2025

    Ukraine hits Russian city and oil refinery on day two of presidential vote

    16 March 2024

    SpaceX Ventures into Spy Satellite Network in Classified Deal with U.S. Intelligence

    16 March 2024

    Breaking: Queen Elizabeth II is dead

    8 September 2022

    Why I Share in Wale Edun’s Optimism On The Nigerian Economy 

    17 February 2025

    Facts, figures and dynamics of petroleum products pricing in Nigeria

    4 August 2024

    President Tinubu sacks Aisha Buhari’s brother as MD Nigerian Security, Printing and Minting Plc

    11 July 2024

    Standard Chartered Bank pledges to invest in Lagos-Calabar coastal road, PH-Maiduguri rail project

    25 June 2024

    Tinubu in Japan: President Rallies Nigerians Abroad to Support Reforms and Invest in Homeland

    22 August 2025

    Renewed Hope, Renewed Nation: Rebuilding Nigeria, Together with President Bola Ahmed Tinubu

    13 August 2025

    Amnesty International’s Report: A Fictional Drama Masquerading as Human Rights Work

    29 May 2025

    Ambassador Tuggar’s Quiet Rebuilding of Nigeria’s Global Standing

    27 May 2025

    BREAKING NEWS: Trump returns as US President with a projected 312 electoral votes; Kamala cancels victory party

    6 November 2024

    Toronto Police arrests Amaka Sunnberger over threats to poison Yoruba and Benin people

    2 September 2024

    SpaceX Ventures into Spy Satellite Network in Classified Deal with U.S. Intelligence

    16 March 2024

    U.S. Federal Authorities Investigate Meta Platforms for Suspected Involvement in Drug Sales on Social Media

    16 March 2024

    Tinubu Strengthens Nigeria’s Global South Role with Brazil Partnerships

    26 August 2025

    BREAKING: Pope Francis dies at the age of 88

    21 April 2025

    International Relations Amidst Global Uncertainty

    20 April 2025

    At Chatham House, Ambassador Yusuf Tuggar Makes Case For Nigeria’s Strategic Foreign Policy Priorities

    6 March 2025

    If Obi’s entire Strategy hinges on zoning demands, then he clearly has nothing to offer Nigerians- ADC to Obi

    7 December 2025

    Obidient–Atiku Rift Widens Amid Arguments Over Who Holds The Real Key To 2027

    5 December 2025

    Peter Obi Warns ADC Coalition Could Collapse Over Unsettled Zoning Plans

    4 December 2025

    Adeleke Only Resigned on Social Media, We Are Not Aware of His Exit From the Party – PDP

    3 December 2025
  • Science
    1. Health
    2. View All

    Fake Malaria Drugs Worth ₦1.2 Billion Seized in Lagos Warehouse Crackdown

    12 September 2025

    BREAKING: Tinubu Mandates Health Insurance for Federal Workers

    3 September 2025

    Tinubu Government Allocates over N50 Billion to Revitalize Primary Health Centres Nationwide

    19 August 2025

    Nigeria Joins Seven African Nations to Secure First Malaria Drug for Underweight Infants

    17 August 2025

    Fake Malaria Drugs Worth ₦1.2 Billion Seized in Lagos Warehouse Crackdown

    12 September 2025

    BREAKING: Tinubu Mandates Health Insurance for Federal Workers

    3 September 2025

    Tinubu Government Allocates over N50 Billion to Revitalize Primary Health Centres Nationwide

    19 August 2025

    Nigeria Joins Seven African Nations to Secure First Malaria Drug for Underweight Infants

    17 August 2025
  • Lifestyle
    1. Entertainment
    2. Comedy
    3. Ent & Arts
    4. Film & Drama
    5. Music
    6. videos
    7. Homes
    8. Luxury
    9. Media & Culture
    10. View All

    Actress Evan Okoro Breaks Silence on Marriage Crisis and Threats to Her Life

    7 August 2025

    The Heavy Crown: Made Kuti Breaks Down the Price of Inherited Fame and True Artistry

    5 August 2025

    VIDEO: NDLEA Warns Travellers Against Carrying Unfamiliar Luggage Amid Rising Drug Smuggling Cases

    29 June 2025

    Real Warri Pikin Honors Husband’s Fatherhood in Moving Social Media Tribute on Father’s Day

    15 June 2025

    Soyinka @ 90: President Tinubu renames National Theatre, Lagos to Wole Soyinka Center of Culture and Creative Arts

    12 July 2024

    God ordained Tinubu to be President of Nigeria – Oba of Benin

    27 November 2023

    Photos: Banky W, Adesua finally reveal son

    17 September 2022

    Nigerian Star Tems to Lead First-Ever FIFA Club World Cup Final Halftime Performance

    10 June 2025

    Renewed Hope Concert puts Nigeria in celebratory mood as excited youths look forward to Tinubu’s swearing-in

    26 May 2023

    VIDEO: NDLEA Warns Travellers Against Carrying Unfamiliar Luggage Amid Rising Drug Smuggling Cases

    29 June 2025

    VOXPOP Reviews: Public and Students of National Open University on Newly Signed Student Loan Scheme by President Bola Ahmed Tinubu

    3 April 2024

    BREAKING: President Bola Tinubu has officially approved and signed the amendment bill for national student loans into law.

    3 April 2024

    Building Africa’s Energy Sovereignty: Tinubu Pushes for Regional Market Integration and Pricing Control

    22 July 2025

    Skills Development in Ekiti: Governor Oyebanji Endorses NADDC’s Mechatronics Training for Technicians

    13 July 2025

    Atiku Abubakar Blasts Tinubu Administration Over Wage Arrears and Labour Activist’s Arrest

    13 July 2025

    “Oluomo has taken over official social media accounts”, Nigerians In UK accuses popular Obidient fingered in £100k fraud

    12 July 2025

    Did you know? – Perfumery edition

    10 August 2022

    Do You Know Who Wore the First Lipstick?

    10 August 2022

    “I’m disappointed in you for not celebrating Ooni of Ife at 50” – Yoruba Obidient berates Obi

    20 October 2024

    First Lady Oluremi Tinubu unveils national unity fabric

    16 September 2024

    Rufai Oseni attacks Arise TV Boss, Nduka Obaigbena, others over looted funds

    11 August 2024

    President Tinubu’s ADC installed as traditional ruler in Kwara community

    12 July 2024

    Actress Evan Okoro Breaks Silence on Marriage Crisis and Threats to Her Life

    7 August 2025

    The Heavy Crown: Made Kuti Breaks Down the Price of Inherited Fame and True Artistry

    5 August 2025

    Building Africa’s Energy Sovereignty: Tinubu Pushes for Regional Market Integration and Pricing Control

    22 July 2025

    Skills Development in Ekiti: Governor Oyebanji Endorses NADDC’s Mechatronics Training for Technicians

    13 July 2025
  • Sports
  • Others
    • About us
    • Get In Touch
Podium ReportersPodium Reporters
Home » News » AtikuGate: Atiku’s ex-aide exposes how former VP stole billions in public funds through shell companies
News Updated:9 January 2023

AtikuGate: Atiku’s ex-aide exposes how former VP stole billions in public funds through shell companies

By Victor Fola9 January 2023No Comments68 Views3 Mins Read
Facebook Twitter LinkedIn WhatsApp Reddit Email
Share
Facebook Twitter LinkedIn Email Reddit WhatsApp

The Presidential Candidate of the Peoples Democratic Party, Atiku Abubakar has been alleged of diverting public funds and receiving huge amount of bribes when serving as Vice-president of Nigeria.

In a shocking revelation that has upended conversations in the political space in the country, Michael Achimugu, a former media aide, to the PDP flagbearer released a video where he gave details of how Atiku used phony companies called ‘Special Purpose Vehicles (SPVs)” to receive bribes and divert public funds.

Achimugu equally warned Nigerians against voting Atiku because of his alleged corrupt tendencies.

In corroborating his claims, the Ex-aide shared an audio recording of alleged phone conversion between him and Atiku, in which the former president admitted that while serving as VP under the Olusegun Obasanjo administration between 1999 and 2007, he founded the SPVs with the aim to “carry out certain activities” in a deceitful bid to avoid being linked to corruption.

“What happened was when we came into office, I advised the president against open corruption. I told him to give me three people ‘you trust’ and I will prepare three companies in which they will be subscribers or rather the directors,” the PDP presidential candidate was heard saying in the tape

One of those companies, as admitted by Atiku, was Marine Float Limited — a company previously accused of receiving N100 million out of the N1.16 billion ecological funds obtained in 2004 by the convicted former Governor of Plateau State, Joshua Dariye.

Achimugu also revealed how one of Atiku’s friends appropriated a media company he set up with billions of naira.

“The SPV conversation made me recall one of the most emotional moments I ever shared with him. It was at the end of 2017 and the Waziri had recounted how he spent “billions of naira” buying equipment and setting up a media company using one Olushola Akanmode as proxy.

“According to him, when he wanted his company returned to him, Akanmode refused. Atiku could not go to court because the documents were in the proxy’s name. That event was where he said to me, “All of the people I have helped are never as loyal to me as I was to Shehu Musa Yar’adua.”

“Moved by emotions, I had felt extreme pity for him. Today, Akanmode is still in his circle of friends. I will discuss the details in one of the sequels to this piece”, her wrote.

Achimugu promised more revelations to come on Atiku’s corrupt practices while serving as Vice-president of the country in order to ensure that Nigerians don’t vote the wrong candidate into power in a bid to avoid plunging the country further down the drains.

The ex-media aide, although, expressed concerns that his life might be at risk as a result of the ‘dark secrets’ he had spilled out for the benefit of Nigerians, his lawyers are well-informed and he has sworn to an affidavit of facts which will be released to the public should he be eliminated.

“My lawyers are well briefed and equipped for the mother of all exposures once something happens to me or any member of my family, he said in the video.

“I have sworn to an affidavit of facts which will be released later, which is one of the steps I have taken for possible backlash for the series of disclosures I will be making.”

Share. Facebook Twitter Pinterest LinkedIn Telegram Email WhatsApp

Related Posts

011 Views

“Step Aside From My Investigation, You Have Grudges Against Me” – Malami Tells EFCC Chairman

15 December 20253 Mins Read
013 Views

Begging is a Muslim culture — Peter Obi says in new religious attack

11 December 20252 Mins Read
02 Views

ECOWAS Announces State Of Emergency In West Africa

10 December 20251 Min Read
Add A Comment
Leave A Reply Cancel Reply

© 2025 The Podium Reporters. Designed by Marvelworx Limited.
  • Home
  • Economy
  • Education
  • Lifestyle
  • Politics
  • Science
  • Sports

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