How Kebbi Governor, Abubakar Bagudu, was arrested in America – TheNigerialawyer

Long before he was elected governor, prosecutors in the United
States and the United Kingdom said Abubakar Bagudu of Kebbi State
was a bagman for the infamous late military dictator, Sani Abacha,
PremiumTimes report.^[1]

Mr Abacha, who died in 1998, was a relentless kleptocrat who
stole an estimated $2.2 billion from the country’s coffers.

Court documents revealed that Mr Bagudu was the gas that powered
Mr Abacha’s extensive money laundering operations.

Working with some members of his own family, top members of the
regime and Mohammed, Mr Abacha’s eldest son, prosecutors claimed
the governor used an intricate network of phoney companies to
siphon several millions of dollars from government treasury into
offshore bank accounts operated by himself and the Abachas.

The money-laundering operations Mr Bagudu ran on behalf of Mr
Abacha are well-documented in suits filed in the United States and
the Bailiwick of Jersey, a British Crown dependency in the Channel
Islands.

But what many Nigerians may not know was that Mr Bagudu, who now
enjoy immunity from prosecution by virtue of being a governor, was
once arrested for his role in the Abacha money laundering
enterprise and spent six months in a US federal detention.

The Arrest
Although British and American investigators believe Mr Bagudu’s
money-laundering operation spread across multiple jurisdictions and
was broad, he needed the assistance of his wife and elder brother,
Ibrahim. His preferred destination for concealing the illicit funds
on behalf of the Abachas was Jersey.

Mr Bagudu’s attraction to Jersey was also the cause of his
trouble.

In 2003, five years after the death of Mr Abacha, it became
clear that the military tyrant stole billions of dollars from the
country’s treasury. Because some of these illicit funds were traced
to Jersey, authorities of the Island nation requested the help of
US authorities to arrest and extradite Mr Bagudu, who at the time
had lived in Texas for three years.

Mr Bagudu was subsequently arrested and kept in federal
detention for six months while awaiting extradition to Jersey to
answer questions about funds traced to the account of Doraville
Properties Corp. a company managed by Mr Bagudu and Mohammed, with
accounts at Deutsche Bank International, Jersey.

But before he was handed over to authorities at Jersey, Mr
Bagudu quickly negotiated a deal with the US and Jersey authorities
to “return more than $163 million of the allegedly laundered assets
to Nigeria in exchange for Jersey’s withdrawal of the extradition
request and his return to Nigeria,” a court document obtained by
PREMIUM TIMES revealed.

The court document is a January 2019 ruling of a US District
Court of Columbia between the US government versus the assets held
in Doraville Properties Account 80020796 at Deutsche Bank,
represented by Ibrahim, who is the only person still laying claim
to the $287 million in the account.

The court document explained that after the US government filed
a civil forfeiture of the assets in the said account, several
people made claims to the assets all of which were struck out.

“The only remaining third-party claim in this litigation is
Bagudu’s (Ibrahim) asserted claim to certain defendant assets,
which is based on an annuity he receives from investment portfolios
in which the defendant assets are held.”

The release
Following the deal with Jersey and the US government, Mr Bagudu was
released on bond and repatriated to Nigeria to face trial. Evidence
gathered in Jersey and in Switzerland were also sent to Nigeria to
aid Nigeria’s Attorney General in his trial.

However, since his return, he has not been questioned over his
involvement in the Abacha loot but was instead cleared to contest
in three different election circles – one as a senator and two as
governor – all of which he won.

Read also: About 80 Nigerians charged for massive fraud, money
laundering in America

Mr Bagudu did not return calls made to his mobile number. He
also did not respond to questions sent to him by SMS on why he did
not turn himself in for trial after he returned to Nigeria.

Similarly, the Attorney-General of the Federation(AGF), Abubakar
Malami, did not return calls made to his mobile number. He also did
not respond to an SMS inquiry asking to know if he was aware of
details of the deal Mr Bagudu negotiated with US and Jersey
authorities.

We also asked Mr Malami the whereabouts of the pieces of
evidence sent to Nigerian authorities to aid the prosecution of Mr
Bagudu and whether the government will prosecute Mr Bagudu after
his tenure expires. The AGF did not respond.

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