The United States’ crimes agency of the Department of Treasury, Financial Crimes Enforcement Network (FinCEN) , has placed former Nigerian Vice President Atiku Abubakar and his wives under international banking surveillance for suspicious money movements.
Reports have it that in new findings, the FinCEN flagged some transactions linked to the PDP 2019 Presidential aspirant as suspicious, as it surveilled money movements within the international financial system. These findings, according to the report, also offer fresh insight into how huge funds linked to Atiku may have been moved across international jurisdictions using shell companies.
FinCEN files, a new investigation by the International Consortium of Investigative Journalists, BuzzFeed and 108 media partners across the world, including PREMIUM TIMES, are a large volume of confidential financial reports relating to the transaction activities of world leaders, terrorists, drug dealers and money launderers. The investigation is said to have involved 16-month collaborative work involving more than 400 journalists, including those from PREMIUM TIMES, in 88 countries. Read also: If We Truly Deregulated Shouldn’t The Price Of Fuel Be Lower Now – Atiku Abubakar
In one of the reports, a $1,018,500 wire transfer on March 5, 2012, was flagged in daily monitoring by Habib Bank Limited New York, HBLNY. The transfer originated from Guernsey Trust Company Nigeria Limited with the beneficiary being Tanjay Real Estate Brokers, a company which held a Habib Bank Limited Dubai account. It was the link with Atiku that triggered a suspicious activity alert through HBNLY’s transaction monitoring system.Photos Credit: Getty