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Phrank Shaibu, the Special Assistant on Public Communication to Atiku Abubakar, has criticized the All Progressives Congress (APC) and its presidential candidate, Bola Tinubu, for attempting to present the forfeiture of $460,000 in drug money as a tax evasion issue.


Shuaibu labeled this move as a futile attempt to rewrite history. Shaibu highlighted that the truth has finally come to light, thanks to the processes filed by the APC at the Presidential Election Petition Tribunal.

According to Shaibu, Justice John Nordberg had ordered on October 4, 1993, that the funds held in the amount of $460,000 by Bola Tinubu in First Heritage Bank represented the proceeds of narcotics trafficking or were involved in financial transactions in violation of 18 U.S. 1956 and 1957.

Shaibu also added that Tinubu should not try to outrun his past as he was investigated in relation to heroin trafficking.

Tinubu had millions of dollars in his account while he was on a salary of $2,500 per month, and he forfeited part of it to escape jail.

Furthermore, Shaibu called out Festus Keyamo, stating that his lack of understanding of legal proceedings was one of the reasons why he failed as a prosecutor with the Economic and Financial Crimes Commission (EFCC). Shaibu criticized Keyamo’s law degree and wondered how he even became a senior advocate. Shaibu implored US authorities to furnish the Nigerian judiciary with all information related to Tinubu’s trial and verdict over drug dealings and his forfeiture of the sum of $460,000.

He also added that a Tinubu presidency would represent a setback in the fight against narcotics, given his antecedents and his open admission that he lived with known drug kingpins.

Shaibu concluded by calling on Tinubu to stop taking Nigerians for a ride and explain the business he did to accumulate such a massive sum of money in his account.

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