APC PCC Accuses Atiku Abubakar of Corruption in Mambilla Deal

The All Progressives Congress (APC) Presidential Campaign Council accused Atiku Abubakar, the presidential candidate of the African Democratic Congress (ADC), of financial misconduct concerning the Mambilla hydropower project. This follows a ruling by the International Chamber of Commerce (ICC) in Paris, which favored Nigeria in a $2.35 billion claim by Sunrise Power and mandated the company to refund Nigeria’s legal fees of $11.8 million.

Dele Alake, the APC PCC spokesman, alleged that Abubakar, as former Vice-President, colluded with former Power Minister Dr. Olu Agunloye to sign an illegal contract with Sunrise. Alake claimed that former President Olusegun Obasanjo had opposed negotiations with Sunrise and accused Abubakar of backdoor dealings, including allegedly accepting a $500,000 bribe from Leno Adesanya of Sunrise Power.

The APC PCC called for Abubakar to withdraw from the presidential race, asserting that he has compromised Nigeria's interests for personal gain.