EFCC Revives Investigation into Atiku Abubakar's PTDF Funds
The Economic and Financial Crimes Commission (EFCC) has reopened an investigation into former Vice-President Atiku Abubakar, focusing on the management and placement of Petroleum Technology Development Fund (PTDF) funds. This investigation stems from a petition by Hon. Ehiozuwa Johnson Agbonayinma, who requested the EFCC revisit allegations from 2005-2006, when Mallam Nuhu Ribadu led the commission.
The petition, submitted on August 27, 2026, was acknowledged by the EFCC on September 1. Agbonayinma was invited to the EFCC headquarters in Abuja on October 12, where he spent over six hours discussing his petition.
He emphasized the importance of reviewing the previous investigation findings and stated that no one should be above the law. The original investigation was prompted by a request from the United States Attorney’s Office regarding transactions involving American company iGate and Nigerian company Netlink Digital Television (NDTV), which were linked to allegations of bribery and fraud.
Plus234Feed summary based on reporting from The Will. Read the original report below.
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