Pastor Defrauds Atiku Abubakar's Wife, Titilayo Of N918 Million

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.