Did you steal or divert PTDF money while you were Vice President?
No. The Petroleum Technology Development Fund was under my office for direct supervision, and in 2005 there was an allegation that 145 million USD was diverted. In 2006, the Economic and Financial Crimes Commission and a special Senate Committee investigated the matter. I surrendered my immunity to allow a thorough investigation, and both panels found no misconduct against me, which is why there was no prosecution. I am on record as the only Vice President investigated while in office, and the allegation and trial were meant to provide an administrative reason to disqualify me from the 2007 presidential election.
Where this comes from
p. 1 Introduction Atiku Abubakar: Answers to questions from the public 2026-10-02 ›
Did you steal or divert PTDF money while you were Vice President? If not, what exactly happened to the PTDF money?
The Petroleum Technology Development Fund (PTDF) was under my office for direct supervision. In 2005, there was an allegation that a sum of 145 million USD was diverted and misappropriated. In 2006, the Economic and Financial Crimes Commission and a special Senate Committee launched an investigation into the allegation. As a mark of proving my innocence, I surrendered my immunity and allowed a thorough investigation to be carried out. Both investigative panels did not find any misconduct against me, and that is why there was no prosecution on the matter. With the investigation, it is on record that I am the only Vice President who was investigated while in office, and the entire allegation and trial was to provide an administrative reason to disqualify me from participating in the 2007 presidential election.
