Atiku calls for investigation into the presidential family’s involvement in etisalat, keystone bank shares acquisition

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The Presidential candidate of the Peoples Democratic Party, Atiku Abubakar, has called on the appropriate authorities to urgently institute investigation to uncover those which according to him may be hidden faces behind the new ownership structure of multi billion naira telecoms giant, Etisalat (now 9mobile) Nigeria as well as Keystone Bank.

In a statement issued in Abuja on Wednesday and signed by his Special Assistant on Public Communication, Mr. Phrank Shaibu, the ex vice president stated that such an investigation was essential in view of reports that members of President Muhammadu Buhari’s family now own substantial shares in Etisalat (9mobile) Nigeria which has an estimated $2b (about N727b at 360 per dollar) of its estimated $20b global net worth.

The presidential candidate also expressed shock at reports from what he described as unimpeachable sources that the first family now plays big in the nation’s financial sector after acquiring mouthwatering shares in Keystone Bank with total assets of $1.916b (equivalent to N307.5b) as well as  purchasing about  N3b worth of shares in the new Pakistani Islamic Bank.

According to Atiku “I know that last week was turbulent for President Buhari and I apologize for adding to his woes, but as he is insistent on the myth that he is spotless and anti-corrupt, if this is found to be true, this scandal would break every rule of corporate and public governance, since this will be the first time members of the first family will be openly involved in a once-in-a-lifetime deal that would make them all richer beyond their wildest dreams.”

He however advised President Buhari to desist from the use of state resources and machinery for the forthcoming 2019 presidential election.

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