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The Buhari Campaign Organisation has instituted
a N40million defamation suit against the People’s
Democratic Party presidential candidate Atiku
Abubakar.
The campaign group is accusing Abubakar of
defaming president Muhammadu Buhari and his
family.
The suit, filed before a High Court of the Federal
Capital Territory, is asking the court to compel
the PDP standard-bearer to pay damages for
alleging that the President and his family
members own substantial shares in 9mobile and
Keystone Bank.
Abubakar through his spokesperson, Shaibu, on
December 26, demanded a probe into the
ownership of Etisalat Nigeria and Keystone Bank.
He said the call was necessary “in view of reports
that members of President Muhammadu Buhari’s
family now own substantial share in Etisalat
Nigeria which has an estimated $2 billion (about
N727 billion at 360 per dollar) of its estimated $
20 billion global net worth.”
The plaintiffs are seeking a declaration that “the
1st Defendant (Phrank Shaibu) on behalf and for
the 2nd Defendant (Atiku) neglectfully, unlawfully
and recklessly permitted and caused to be
published in Newspapers, defamatory and
damaging statements against the 1st Plaintiff
(President Buhari)”.
While the telecommunication company are yet to
refute the claims by Abubakar, the management
of Keystone Bank says it has no ties with Buhari.
“The fact of the ownership of Keystone Bank by
the Asset Management Corporation of Nigeria
was never in doubt. On March 23, 2017, AMCON
divested its ownership of Keystone Bank after
successful bidding that followed due process,” the
Bank said in a statement on January 9, 2019.
“We confirm that the Sigma Golf-Riverbank
Consortium owns 100 per cent of Keystone Bank.
From the records available to us which are
verifiable at the Corporate Affairs Commission, the
core investors (Sigma Golf Nigeria Limited and
Riverbank Investment Resources Limited) have no
relationship with either President Muhammadu
Buhari or Alhaji Abubakar Atiku, as may be widely
speculated.”
Source:
guardian.ng/news/buhari-campaign-
group-drags-atiku-to-court/