News 24*7

In what could be described as another high profile shame on Nigeria after the Mutallab's saga, former Vice President, Atiku Abubakar was again presented to the United State's Senate on Wednesday over illegal transfer of $40Million. Huhuonline.com gathered that the US Senate report which showed how funds were transferred on behalf of the former number two citizen showed that: “From 2000 to 2008, Jennifer Douglas, a U.S. citizen and the fourth wife of Atiku Abubakar, former Vice President and former candidate for President of Nigeria, helped her husband bring over $40 million in suspect funds into the United States, through wire transfers sent by offshore corporations to U.S. bank accounts.” The report said: “In a 2008 civil complaint, the U.S. Securities and Exchange Commission alleged that Ms. Douglas received over $2 million in bribe payments in 2001 and 2002, from Siemens AG, a major German corporation. “While Ms. Douglas denies wrongdoing, Siemens has alread...

A United States Senate report has accused Atiku Abubakar, Nigeria’s former Vice-President, of laundering over $40 million in suspicious funds into the United States between 2000 and 2008. And his partner in the lucrative effort was Jennifer Douglas, his fourth wife.  Ms. Douglas is sometimes known as Lady Jamilah Jennifer, or Douglas E, or Jennifer Iwenjora, the name by which she was known in the 1980s when she was a reporter with the Nigeria Television Authority in Lagos.  According to the report, which was written by the Senate Subcommittee on Investigations, most of the funds were through wire transfers sent by offshore corporations to U.S. bank accounts. Of the $40 million identified in the US investigation, $25 million was reportedly wire-transferred by offshore corporations into more than 30 U.S. bank accounts opened by Ms. Douglas, primarily by Guernsey Trust Company Nigeria Ltd., LetsGo Ltd. Inc., and Sima Holding Ltd. “In a 2008 civil complaint, the ...