The federal government on Friday said it had incontrovertible evidence of Atiku Abubakar, candidate of the opposition Peoples Democratic Party (PDP) involvement in the insolvency of former Bank PHB. 

Lai Mohammed, minister of information, disclose this while addressing state house correspondents in Abuja.

Mohammed said there was concrete proof to show that Atiku benefitted from slush funds that led to the collapse of the bank, vowing that the former number two citizen would be interrogated when he returns from the US.

Mohammed said the government has started it's disposal documents which linked the presidential candidate to one Claremont Management Services account through which N156 million was credited to him in 2009, a development that “culminated in the grounding of the bank”.

He said “I have come to make few remarks about the recent visit of the presidential candidate of the Peoples Democratic Party to the US. You can recall that few weeks ago, I did issue a statement advising the US government not to issue visa to Atiku.

“Remember also that in that same press conference, I also stated that it remains the prerogative of the US government to issue visa to anyone it deems fit.

“In any event, any time Abubakar returns home, he has questions to answer following the fresh evidence that we have that he benefitted from slush funds that led to the collapse of the former Bank PHB.

“The document we have shows that he benefitted to the tune of N156 million from that slush fund. The paper which we have here started from an internal memo on the Jan. 13, 2009, in which reads please refer for discussion your requested overdraft in favour of Atiku Abubakar for N156 million and deliver same to me.

“Please note that it must be delivered today(Jan. 13) on the same date, another memo was generated to confirm—please confirm that the amount stated below be issued from Claremont Management Services account. And we have evidence here of the account mandate—the name of Atiku Abubakar; we also have a copy of the cheque in which the sum of N156 million was issued to Atiku Abubakar dated Jan. 13, 2009 and of course we also have statement of account within that period that confirms that this sum was actually paid into his account.

“These are fresh evidence as to his involvement in the collapse of Bank PHB, so want to him to stay as long he wants in the US but as soon he comes back; he has to explain to the electorate and to Nigerians what is his role in the collapse in the former Bank PHB.”

Mohammed also downplayed the effects of Atiku's US visit on next month's presidential election, saying even if the PDP presidential candidate obtained a US green card, that would not prevent him from losing.

“Let me say right away that we are not perturbed one bit that Alhaji Atiku Abukakar was able to secure visa to the US. As a matter of fact, he can go ahead and get the US Green card that will not save him from imminent defeat in the forthcoming election,” he said.

“I want to remind Abubakar that the elections will be right here in Nigeria and not in the US.”

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