Former Vice
President, Atiku Abubakar's wife. Titilayo Abubakar has revealed how her
business partner who is also a pastor defrauded her of N918 million because she
trusted him.
While
testifying at the Lagos state High Court in Ikeja, Mrs Titilayo narrated how
Pastor Nsikakabasi Akpan-Jacobs and two other people duped her.
According to
her, Pastor Akpan-Jacobs sold a property belonging to their company, THA
Shipping MAritime Services Ltd to Dana Motors Nigeria. She also revealed that
she was the highest shareholder of the company with 49% shares while Pastor
Akpan-Jacobs and their other partner, Mr Fred Holmes each had 25%shares.
She accused
Pastor Akpan-Jacobs of going to the Corporate Affairs Commission where he
altered the share holding in his favour and forging the company’s board
resolution.
She also
revealed that when the fraud initially happened, they agreed to settle out of
court but instead of settling, Pastor Akpan-Jacobs went to sell the cranes and
the company and gave EFCC N16 million which she received.
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 the company.
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