A pastor has allegedly duped Titi Atiku, wife of former Vice President Atiku Abubakar to the tune of 918m
The pastor, Nsikakabasi Akpan-Jacobs was reported to have defrauded Titi in a business transaction that went sour.
I thought that the first defendant, being a pastor, he will not defraud me.
“I thought that he was being genuine with me during our business dealings,”
Titi Abubakar stated this while being cross examined in the ongoing fraud trial against a pastor, Nsikakabasi Akpan-Jacobs, Abdulmalik Ibrahim and Dana Motors Ltd.
The Economic and Financial Crimes Commission (EFCC) had slammed the accused with a 15-count charge bordering on conspiracy, stealing and fraudulent conversion of property worth N918 million belonging to THA Shipping Maritime Services Ltd.
HA Shipping Maritime Services Ltd, a company created in 2000 belonged to Mrs Atiku, Akpan-Jacobs and Fred Holmes.
She was allegedly to be the majority shareholder with 49 per cent shares, while Holmes and Akpan-Jacobs each had 25 per cent shares.
Mr. Akpan-Jacobs, who also doubled as the company’s Managing Director and Secretary, was accused to have gone to the Corporate Affairs Commission (CAC) and altered the share holding in his favour and forging the company’s board resolution.
He allegedly under the new share arrangement allotted 70 per cent shares to himself and 15 per cent shares each to Titi and Holmes.
According to the EFCC, welding a fraudulent shareholding power, Mr. Akpan-Jacobs sold a property belonging to the company to Dana Motors Nigeria Ltd for N918 million.
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