2015Eventinferred
Abubakar Atiku Bagudu
Currently serves as Minister of Budget and Economic Planning in the Tinubu federal cabinet (appointed August 2023).
Hall of FameFourth Republic
2015
Abubakar Atiku Bagudu
Currently serves as Minister of Budget and Economic Planning in the Tinubu federal cabinet (appointed August 2023).
What happened
Currently serves as Minister of Budget and Economic Planning in the Tinubu federal cabinet (appointed August 2023). Formerly two-term Governor of Kebbi State (2015-2023). Named as alleged co-conspirator in the Abacha-era Mecosta Securities Ajaokuta steel-fund fraud scheme; subject of a $160M US civil-forfeiture settlement with the US DOJ Kleptocracy Asset Recovery Initiative. The case is the canonical 'Abacha-era co-conspirator becomes federal cabinet minister three decades later' pattern. Confidence: high.
Sources
- US DOJ press releases on the Kleptocracy Asset Recovery Initiative · US DOJ press releases on the Kleptocracy Asset Recovery Initiative
- Premium Times Nigeria — Bagudu coverage · Premium Times Nigeria — Bagudu coverage
- Federal Ministry of Budget and Economic Planning — official biography · Federal Ministry of Budget and Economic Planning — official biography
- BBC News Africa — coverage · BBC News Africa — coverage
- Daily Trust (2024) — 'Vultures of steel: Ajaokuta where corruption is the system' · Daily Trust (2024) — 'Vultures of steel: Ajaokuta where corruption is the system'
- Business Day Nigeria (2014) — 'Hobbled by corruption, Ajaokuta steel mill's future uncertain' · Business Day Nigeria (2014) — 'Hobbled by corruption, Ajaokuta steel mill's future uncertain'
- World Bank Stolen Asset Recovery Initiative (StAR) case database — 'Sani Abacha/Ajaokuta Steel Plant debt buy-back case' · World Bank Stolen Asset Recovery Initiative (StAR) case database — 'Sani Abacha/Ajaokuta Steel Plant debt buy-back case'
- The Nation Newspaper (2014) — 'How Abacha looted $2b, by U.S. report' · The Nation Newspaper (2014) — 'How Abacha looted $2b, by U.S. report'
- Sharpedge News (2014) — 'Exclusive: How Kebbi Governor Atiku Bagudu stole billions under Abacha' · Sharpedge News (2014) — 'Exclusive: How Kebbi Governor Atiku Bagudu stole billions under Abacha'
- OCCRP (Organized Crime and Corruption Reporting Project) — 'Jersey, US, and Nigeria Divvy up Assets of Former Nigerian President' · OCCRP (Organized Crime and Corruption Reporting Project) — 'Jersey, US, and Nigeria Divvy up Assets of Former Nigerian President'
- Council on Foreign Relations (CFR) — 'The U.S. Justice Department and Kleptocracy in Nigeria' · Council on Foreign Relations (CFR) — 'The U.S. Justice Department and Kleptocracy in Nigeria'
- U.S. Department of Justice (2014) — 'US Freezes More Than $458 Million Stolen by Former Nigerian Dictator in Largest Kleptocracy Forfeiture Action' · U.S. Department of Justice (2014) — 'US Freezes More Than $458 Million Stolen by Former Nigerian Dictator in Largest Kleptocracy Forfeiture Action'