Ask Atiku Abubakar — Official Citizen Engagement Platform

What happened to the PTDF money in the scandal involving you?

The money involved was $145 million. It was not traced to any personal account of mine, and it was kept intact in two commercial banks, Equatorial Trust Bank and Trans International Bank. I was never a stakeholder in either bank. The testimonies from PTDF management during the trial proved my innocence.

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p. 1 Introduction Atiku Abubakar: Answers to questions from the public 2026-10-02 ›
What happened to the PTDF money? The amount of money involved in the scandal was $145 million. The amount was not traced to any personal account and was saved in commercial banks: Equatorial Trust Bank and Trans International Bank. I was never a stakeholder in either bank, and the PTDF money in both banks was intact. The PTDF management testimonies during the trial proved my innocence in the trial. How do you respond to allegations that you corruptly enriched yourself while in government? I have had a successful career as a public servant, rising to the top echelon of the Nigeria Customs Service. My record of service was sterling and unblemished. I was never accused of corruption in my entire service years. Before joining politics, I had made some strategic investments in oil and gas logistics that were fetching me fortunes. I have been business-minded right from the outset, and my exposure in the course of my professional career opened my eyes to good business ideas. I am wealthy not because I stole from anyone, but because God opened my eyes to spot smart opportunities.
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