INVESTIGATION: David Mark’s wife, Dangote, Adenuga, others named in #SwissLeaks as operators of secret foreign accounts

Image: Tim Meko / Shutterstock
Image: Tim Meko / Shutterstock

Some of Nigeria’s wealthiest industrialists, former government officials and their relatives, were amongst thousands of individuals around the world who operated highly secretive foreign accounts with the Swiss branch of banking giant, HSB​C, concealing their identities for years and using codes perhaps to shake off tax authorities from accounts, some of which held illicit assets from criminals, traffickers, arms dealers and other outlaws, secret files published last week by a consortium of journalists around the world have shown.

The trove, released by the French Daily, Le Monde and the International Consortium of Investigative Journalists, in partnership with PREMIUM TIMES, and a host of other major media organisations around the world, showed how HSBC profited doing business with people who stole from their countries and some of the world’s most notorious con artists, including people who made a fortune fuelling wars in Africa.

PREMIUM TIMES is the only Nigerian publication involved in the investigation, which lasted several months.

The bank helped questionable characters conceal their wealth despite knowing their sources, and devised ways to hide the identities of the owners of the secret accounts from governments around the world.

At least 100,000 secret bank account operators who owned about $100 billion were exposed in the leaks, unsettling investigators in several countries.

A Roll-call of Nigerian Clients

French authorities have so far linked 201 individual and corporate HSBC clients with Nigeria – either nationals or having business interests in the oil-rich West African country. However the sorting procedure might be faulty and some of those listed may end up having nothing to do with Nigeria.

Top on the list of Nigerians whose names appeared on the file is Africa’s richest industrialist, Aliko Dangote.

Another Nigerian businessman and owner of mobile telecom company, Globacom, Mike Adenuga, also appears on the files.

Vikky Preye Mark, estranged wife of Nigeria’s Senate President, David Mark, was also listed.

Many of the accounts date back to the 1990s and up to 2005/2006, when the data were stolen by a former staff of HSBC, Hervé Falcian.

According to details pieced together by the ICIJ, HSBC fashioned a series of layers of privacy schemes to ensure the worst of criminals and characters were protected.

The methods used were simple but had complex implications.

First, the account owner opens an account in his or her name, and the bank, in connivance with the customer, replaces the account holder’s name with a number code that is then given to the client.

At times, the clients are encouraged to incorporate offshore shell companies in notorious tax havens, which then indirectly hold the accounts on behalf of the real beneficial owners.

The bank repeatedly reassured clients it would not disclose details of the accounts to national authorities, even if evidence suggested that the accounts were undeclared to tax authorities in the client’s home country.

The code meant the client would no longer be tied to the account with his name, but in all transactions with the bank, he or she will be identified with the number.

But correspondences from the bank would be sent to the holder’s personal address. There was also an option for customers to ask the bank to withhold their mails. That practice was later discontinued.

The account holders were given the option of being contacted directly, or through proxies.

To access the account, there were options too. A client could do so from his home, whereby he will need to declare the account to tax authorities; or travel there in person, or do so through a courier who flies to Switzerland to collect cash from time to time.

Ultimately, the bank ensured the account details were kept secret and separate from the personal details of the holder.

That entire process allowed the bank’s clients hide from tax authorities and governments around the world, while criminals could hide stolen wealth.

Not all holders of the HSBC private accounts are however criminals, but there are concerns regarding why they chose a banking platform with emphasis on secrecy and concealed identities.

Very little of Mr. Dangote’s transactions with the bank were made available.

As head of a conglomerate operating in 16 African countries, including Nigeria, Mr. Dangote made his fortune producing salt, sugar, flour, cement and noodles. He has also expanded to real estate and oil.

Mr. Dangote is the president of the Nigerian Stock Exchange.

In November 2014, Forbes magazine ranked him the richest man in Africa and the 23rd in the world with an estimated fortune of $21.6 billion.

The mogul became an HSBC private account client in July 2003. The account appeared in the name of Development Projects Corporation, its registration address in Tortola the British Virgin Islands, a notorious tax haven, where individuals and corporations usually incorporate shell companies to hide assets. Mr. Dangote’s account was in operation till August 2004.

It is not clear to what use Mr. Dangote put the account and perhaps because he closed it long before the data were stolen, bank records did not indicate any balance on the account.

Globacom’s owner, Mr. Adenuga, had an account in his name tied to Sunbow Express Limited, a company based in Panama and for which HSBC described him as beneficial owner. The leaked file gave the company’s postal address as 86 West Green Road, GB-London N15 and c/o Arosemena Noriega-Contreras, Calle Elvira Mendez Street, 10 ED. DEL Barco Do Brasil P-Panama City, Panama.

Mr. Adenuga’s own address was given in bank documents as 37 York Terrace East GB-London NW1.

The businessman, who is among Africa’s richest personalities, opened the account on February 2, 1997 and it had a balance of $115, 405.00 as of 2006/2007 when the data were stolen.

Mr. Adenuga did not respond to ICIJ’s repeated requests for comment.

Mrs. Mark also operated an account with the bank but with details made largely secret. Although she was known within the bank as the beneficial owner of the account, she was largely identified with a secret code – 14312MP.

Mrs. Mark opened the account on December 18, 1989 and closed it July 12, 1991. About that time, her husband, then a top ranking army officer, had served as military administrator of Niger State and federal minister of communications, a period during which he is believed to have made a fortune.

He has been a senator since 1999 and President of the Nigerian Senate since 2007. Court papers during a messy divorce with his wife suggested that some of his children schooled in Switzerland, but it is not clear whether it was during that period that Mrs. Mark operated the HSBC account.

The court papers also showed that the Marks operated foreign accounts elsewhere. About six million pounds in four accounts – three at the Northern Bank, Isle of Man, and one at the Allied Irish Bank, Jersey – were frozen in October 2000 as a result of the ancillary relief sought by Victoria Mark in the couple’s divorce case. Mr. Mark’s operation of those accounts while a Senator is a violation of Nigerian law which bars public officials from operating foreign accounts while in office.

Nigeria’s former defence minister, Theophilus Danjuma, was also linked to HSBC account 15731CD, which was opened in 1993 and closed in 2001. The documents did not provide details regarding the balances in the account and the use to which Mr. Danjuma put it.

Mr. Danjuma has emerged one of Nigeria’s richest former public office holders through ownership of one of Nigeria’s most lucrative oil blocs and a lucrative shipping firm.

Another notable name on the leaked file is Adamu Wakili, Nigeria’s former Ambassador to the United States. Mr. Wakili was linked to account 17404B01, opened in 1991 and closed two years later. Mr. Wakili served as Minister of Agriculture and Rural Development as well as that of Environment,

The list also has Aminu Jibril, former Senator, Minister and Ambassador. Mr. Jibril’s account has no details beyond his address, listed as Yola, former Gongola State.

Deribe Alhaji Mai, who also operates one of Nigeria’s richest oil blocs, was listed in the leaks. His details were not provided.

Peter Igbinedion Osawaru, was also named in the leaked file as the Director at Okada Air with an account code of 15418MP, opened in 1991 and closed in 1995.

Ibrahim Dasuki, a former Sultan of Sokoto who was deposed in 1996, was linked to account 15372HTNL, opened in 1991 and closed in 1993. The account coincided with when he was Sultan.

Another prominent Nigerian listed on the file as an HSBC client is Inuwa Wushishi, a retired General, former chief of army staff between 1981 and 1983 and former Board Chairman of UAC of Nigeria. Mr. Wushishi, 75, and his wife, Aishatu, were identified as beneficial owners of an account with code 6808AW. The couples opened the account on December 18, 1989 and closed it July 12, 1991. It remains unclear to what use they put the account.

Also on the list is Mohammed Hayatudeen, a former CEO of FSB International Bank and immediate past Chairman of the Nigerian Economic Summit Group – Nigeria leading economic think tank. Mr. Hayatudeen and his wife, Hafsatu, are listed beneficial owners of an account with secret code 15409MZH, opened on June 15, 1992 and closed on September 3, 1996. Apparently the entire balance in the account was cleared long before the leaked HSBC data was stolen.

There are lots of other Nigerian businesspersons listed in the file. They include Victor Ifeanyi Odili and his wife Ifeyinwa, who had a balance of $18,518.57 in their account as at 2005/2006 when the data was stolen; a Lagos-based merchant, Abdallah Taofik, who had a balance of $3,480,942.94; Akindele Labode Oladimeji ($23,979,105.76); Nankani Jairaj ($1,131,097.72) among others. (PREMIUM TIMES will release the full list of Nigerian clients in the days ahead.)

Files Sheds More Light on Nigeria’s Halliburton Bribery

The leaked file also opened a new window in the Halliburton bribery scandal involving Nigeria’s former leaders and the bribery surrounding the award of contracts for Nigeria Liquefied Natural Gas plant.

The files reveal that Jefrey Tesler, the UK lawyer, who used a network of secretive banks and offshore tax havens to funnel $182 million in bribes to top Nigerian officials in exchange for a $6 billion contract to build Nigeria’s LNG, had financial ties to two former Nigerian officials: now-retired Major General Chris Garuba, chief of staff to former Nigerian president Abdulsalami Abubakar who himself allegedly received bribes as president; and Andrew Agom, a senior government official who was killed in an attack on a motorcade.

Records show bank staff responding to a request from Mr. Agom’s widow to unfreeze her husband’s account, whose post was sent to Tesler’s North London law firm and which was marked as subject to criminal investigations into Mr. Tesler. The files do not indicate whether or not the account was ultimately unfrozen.

Mr. Garuba, a former governor of Northeastern Bauchi state, is now chairman of Obekpa Petroleum, a Nigerian oil company. Before his death, Mr. Agom was a member of the Board of Trustees of the Peoples Democratic Party, which which was in power for most of the period the bribery scheme unfolded.

Mr. Agom was the beneficial owner of an HSBC account linked to a Gibraltar-based company, Hemisphere Services Limited, which held a maximum amount of $797,377 at one point in 2006 or 2007. Africa Confidential magazine previously named a company named Hemisphere Services (Nigeria) as a “recipient of largesse” from Tesler after viewing documents disclosed to the magazine during a French corruption investigation.

Mr. Agom’s account was opened in 1991, on the same day that an account was opened in the name of former Nigerian Air Force Chief, Abdullahi Dominic Bello. A Nigerian government investigator has previously described Swiss accounts held by Mr. Bello as a conduit for “slush funds”. The investigator did not specifically mention HSBC.

A spokesman for Mr. Bello told ICIJ that the account, which was used for business purposes and opened by Mr. Tesler when he was Bello’s lawyer, had never been used for slush funds or bribes. “At no point has Mr. Bello been charged to any court over the bribery scandal,” said the spokesman, adding that, “it must be a coincidence that Mr. Agom and [Mr. Bello’s company] opened an account the same day.”

The leaked HSBC files identify Chris Garuba and his wife Rita as HSBC clients; their names are listed along with Tesler’s in an account named Bridlington Enterprises Limited, for which Mr. Tesler acted as an attorney. The files show that the account was opened the year before Mr. Tesler sent his first bribe payment to Switzerland, although the files do not show that Tesler transferred money into the Bridlington account, which held as much as $367,547 in 2006 or 2007.

The principal beneficial owner of that account is a certain Abu Shuaibu, a 65-year-old who effectively ran the account, repeatedly visiting HSBC in Switzerland, and making several withdrawals in cash. On one occasion – on November 11, 2005 – he visited the bank to request a transfer of 600,000 U.S. dollars. It is not clear to whom the money was sent.

PREMIUM TIMES and ICIJ have not been able to determine Mr. Shuaibu’s real identity. Chris and Rita Garuba, who should know, did not respond to repeated requests for comment.

HSBC Apologises

Headquartered in London, HSBC has offices in 74 nations and territories on six continents.

The leaked account records show some clients making trips to Geneva to withdraw large wads of cash, sometimes in used notes. The files also document huge sums of money controlled by dealers in diamonds who are known to have operated in war zones and sold gemstones to finance insurgencies that caused untold deaths.

On Sunday, HSBC published a full-page advert containing an apology in several newspapers, over claims that its Swiss private bank helped clients evade tax.

The advert reproduced an open letter signed by chief executive Stuart Gulliver, which said recent coverage by the media had been “a painful experience”.

Mr. Gulliver, whose letter was addressed to the bank’s customers and staff, said in his letter that he wanted to reassure customers that its Swiss private bank had been “completely overhauled”.

“We have absolutely no appetite to do business with clients who are evading their taxes or who fail to meet our financial crime compliance standards,” he was quoted by the BBC as saying.

“The media focus has been on historical events that show the standards to which we operate today were not universally in place in our Swiss operations eight years ago.

“We must show we understand that the societies we serve expect more from us. We therefore offer our sincerest apologies.”

Mr. Gulliver also said that the recent media coverage about its clients and past misdeeds must be put “into context”.

“A former employee of the Swiss private bank stole data more than eight years ago.

“Major UK media outlets have focused on approximately 140 names included in the stolen data.

“Many of the people mentioned have been named simply because they are well-known individuals. The vast majority of these 140 people are no longer clients.

“The media has been mentioning a number of 100,000 clients. At its peak, the Swiss private bank had about 30,000 accounts.

“We have absolutely no appetite to do business with clients who are evading their taxes or who fail to meet our financial crime compliance standards.”

Contributors to this story: Will Fitzgibbon

Read our earlier stories on #Swissleaks below

1. Banking Giant HSBC Sheltered Murky Cash Linked to Dictators and Arms Dealers

2. INVESTIGATION: Files Open New Window on $182-Million Halliburton Bribery Scandal in Nigeria

3. INVESTIGATION: The Mystery Man of Nigeria’s $182million Halliburton Bribery Scam

4. #Swiss Leaks: Prosecutors launch money laundering probe against HSBC

All rights reserved. This material and any other material on this platform may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from PREMIUM TIMES.


Text Ad:Before Now My Husband Had a Small Manhood and Could not Last More than 2 Minutes, now the story has changed. Click here to read our testimony.


  • Spoken word

    Not surprised david mark’s name is on the list.

  • #ReturnOurLootedMonies should be one operation Corruption Crusader President Jonathan carries out before he leaves office.

    • Kay Soyemi (Esq.)

      Bruv, after he leaves office, we shall squeeze him until the pips squeak!

      Every stolen kobo must be retrieved and every Nigerian live lost to boko haram must be accounted for.

      • tundemess

        Once a parasite always a parasite! Dont be lazy. Go and start digging somewhere in Illesha or Abeukuta, dig hard through the rocks, and you will sure strike some resource if you dig deep and hard enough. It is better than this false hope of laying ur filthy leprous hands on my resources once more. Go and stop longthroating into aanother man’s wealth. Yes! Every stolen kobo must be retrieved beginning from the fraud @ ITT till date.

        • Ahmed Alhassan

          Your resources? Who then is stopping you from it? You sure need to grow up. You are growing sideways!

          • Why are you against derivation whereas your farm and livestock proceeds are eaten alone. Also, you always want to rule so that you can continue the looting.

          • Ahmed Alhassan

            After the 13 percent which your governors cant ever account for, you still want more? You are still a learner if you think everyone with a name that sounds northern is from the North. You guys need to grow up and see beyond your nose. Nigeria is such a big and diverse country! Bigger than your brain can imagine.

          • Why not take 13% of your farm and live stock and bring 87%. Since you also have mismanaged yours making you so poor.

        • Kay Soyemi (Esq.)

          I agree with you, @messytunde.

          Once a parasite, once a parasite!!

          You are so much of a parasite you even steal and adopt the names from the tribe of those whom you seek to castigate!!!

          What greater demonstration of destructive parasitism is this in aid of and why not adopt the names of your own lustreless forebears?

          • Uche

            I noticed you and your sick friend Wahala have mysteriously gone quiet and refused to comment on the Military victory against Boko Haram,.. Bro, Nigeria first before tribe, religion or political associaton.

          • Kay Soyemi (Esq.)

            I wonder how much of what you read is retained between your ears, Uche?

            No disrespect meant, but you wouldn’t have made that observation about me if you retain enough.

          • That man has a point. Really, it is the Fulanis that are the leaders in these sleases and looting. Followed by the Yorubas. Whereas, they mouth anti corruption. check all the asset stealing – indigenization, privatization, oil subsidization etc, they feature well. During the time of cocoa, the west had the lion share. The SS should not be cheated since the tag team of Fulani/Yoruba wants to filter in after the lucre once more via APC.

        • Maverick

          Is Dangote a politician? Isn’t he as free as air to operate foreign bank accounts especially as he has companies scattered all over he nations?

  • Ismail Musa Rilwan

    This is where corruption is not termed as stealing,still people living below $1 a day….Shine ur eyes!!!!!

  • Brandon Landry

    I would have been shell shocked if David mark’s name was not linked to this list as it is to any list of infamy and corruption in Nigeria.

  • The Error of AMALGAMATION

    Nigeria is not a country but a Continent!!!———-
    Continent Nigeria is sick and we all know it.
    Let us not be selfish
    Let us stop wallowing in that murky waters of self delusion that there is hope
    No, there can’t be hope when a presidential candidate threatens to spill blood
    Let us not remain permanent students in the school of ignorance
    Yes! And we all know it but pretend that all is well

    Nigeria is not a country but a Continent!!!———-
    There is something inherently wrong with Nigeria and we all know it…
    That there is a long stand structural defect
    A system designed to frustrate the best and encourage the worst
    Such is our ridiculous constitution –
    Making School Cert a minimum requirement for the highest office in the land
    But it was designed to accommodate a section of Nigeria
    Yes! And we all know it but pretend that all is well

    Nigeria is not a country but a Continent!!!———-
    This is why from France – Belgium – Germany – Jordan – Niger Republic etc
    All citizens, especially the locals protest against Islamist terrorists after any attacks
    But in our Continent Nigeria, the protest is against the President
    Yes too..We see the opposition in alliance with incumbents to fight terrorists in other COUNTRIES
    But in CONTINENT Nigeria, the opposition sabotages every effort to fight terrorists
    In some cases they canvass for the bizarre – ‘amnesty for murderers’

    Nigeria is not a country but a Continent!!!———-
    Oh our Nigeria! Bequeathed to us without consultation
    When will we have courage to dismember?
    That all may prosper according to his own pace…That all may live without bombs here and there
    That those who love backwardness may be on permanent reverse gear
    That beauty pageants may be held once again without bloodshed in any country which so desires
    That a sick President will feel comfortable to receive get well visit from his/her Vice President

    • truth is bitter

      you are sick. so now is when you know that abi. asshole

    • Curious

      What a beautiful poem coming at the right time. Pls send in more of this.

  • The Error of AMALGAMATION

    “As head of a conglomerate operating in 16 African countries, including Nigeria, Mr. Dangote made his fortune producing salt, sugar, flour, cement and noodles. He has also expanded to real estate and oil”

    Is that really true? No government contracts? Is this not the same thing they told us about MKO Abiola? Don’t worry, strong breeze will soon blow and fowl yansh will open waaaaaaaaaaaaaaaaaaaaaaaaaaaaa.

  • Vladimir

    Do you now see how Northerners and their Yoruba team destroyed Nigeria and laundered the oil wealth of the Niger Delta?

    Just look at all the names—they are 97% North/West crooks. —-anyway, all that is coming to an end. Soon. Yes. Soon. No matter the terrorism, no matter the suicide bombings. No more of my oil money will ever be so plundered again.

    …as these idioooots have stolen monies which could have been used for all Nigerians, may the hottest parts of hell be their final resting place, except those monies were proceeds from their genuine hard work.

    • segun

      but according to your Ijaw President stealing is not corruption. h eh eh eh eh eh !!! I dey laaaaaafuuuu ooooo

      • NamesAre4Tombstones

        Your village produces nothing, and contributes nothing to Nigeria, yet you shout the loudest.

        You are either shameless or you are a just a born thief. Because nothing else can explain this sort of mentality.

        • segun

          Let me tackle the three of you together-Vladimir, Naija_Conscience, NamesAre4Tombstones-. In tackling you, I will be very brief. The issue is about stealing. Right? The grandfather of those who steal in NIgeria today-President Goodluck Ebele Jonathan (our “innocent” Ijaw President) has given a Phd explanation about stealing. Our “innocent” Ijaw President Mr. Goodluck Ebele Jonathan said and I quote “Stealing is not Corruption..” This historic statement of our very “innocent” Ijaw President must have come straight from his “Phd” “thesis”. Now if our “innocent’ Ijaw President Goodluck Jonathan holds this view then is there a problem? if there is a problem then deal with it at the core-and that is the “thesis” of our Ijaw President that “stealing is not corruption”.

      • It is such triviality that the Yoruba propaganda hoodwinks Nigerians away from the gross rape they and the North deal on Nigerian resources. A tag team that has destroyed the nation from the indigenization of the nation’s assets into the coffers of the Yorubas then followed by lengthy era of looting by those two in government over the years. They are just in a hurry to remove Jonathan in order to leach on the expiring leases on oil blocks. This must not be allowed to happen anymore.

        • makojo

          You are right on the money, Naija_Conscience. I still wonder whose idea it was to create such a criminal system as ‘oil block’. Maybe it was just the term that the military guys used to explain their crime away after a civilian government took over and began inspecting the oil account books. Unfortunately, instead of subsequent civilian governments doing away with the idea, they wanted in themselves. No, wonder, even buhari the ‘righteous’ has never mentioned what he will do about oil blocks if elected. I will vote for GEJ, even if he will do nothing. If he steals oil money that is justified, after the oil is from his area. Moreover, whatever he steals will only be a remnant or leftover from the northern and western loot.

  • Yemi

    This is one of the reasons Buhari must not win this election !

    • Jika

      Is Buhari’s name on the list?All the names mentioned in the list have one thing in common;they are friends and/or associates of the current ruling clique.

  • thusspokez

    “The trove, released by the French Daily, Le Monde and the International Consortium of Investigative Journalists, in partnership with PREMIUM TIMES

    In partnership with who? Don’t make me laugh.

  • TAWANDA INCOMMUNICADO

    Well Mr Mark has been corrupt for many decades while the rest on the list are billionaire proxies of our ex-criminal dictators from the north and SW !

    • Kay Soyemi (Esq.)

      Well, Mr. Mark is a bedmate to Mr. Jonothing!

      What do you say to that, Mr. Tawanda?

      • TAWANDA INCOMMUNICADO

        While Tinubu and Atiku are friends of Buhari !!

        • Ayo Kellany

          Do you have Atiku Tinubu Buhari or their wives listed on that list ?

  • 247don007

    Now the tribes stealing Nigeria dry are listed….no wonder they’ve conspired again to get power at the center.

  • tsunami1earthquake

    HSBC apologized! Yes, that’s what they usually do when caught pants down. All through the time this was happening, this bank pretended it did not know; now it is saying it was ignorant of such happening! What a tissue of lies! This is how developed nations conspire with criminals to swindle Africa and then turn round to say, ‘Africa is undeveloped; Africans must wake up’! What an hypocrisy! And the nations this bank operates would equally claim ignorance of such happening. Of course they would since the money is from developing nations! Hypocrites, First Class!

  • Esin

    Where is Mrs Alakija on the list or who is her proxy? Where is D.Bankole? Where is Otedola? Where is Babalakin? Where Jimoh Ibrahim? This is not fair. Adenuga can’t be left alone in the cold. I protest on his behalf. Release the names of others NOW!

    But a careful look at the list reveals that no Igbo man appears there. Even in the Haliburton case reported last week, there was no Igbo on the list. The situation is largely true for every high class fraud case in Nigeria. You will always find 2 tribes. These 2 tribes are the same tribes that have destroyed Nigeria and the turn around to make the most noise—-and they contribute not even a Dollar to where they steal from. Crooks for life. —We keep quiet too much in this country and that is why they take us for granted. The thieves must now be tied to drums and shot like Honourable Lawrence.

    If their monies were clean, why ‘secret’ offshore accounts? Why evade tax? These are incurable criminals indeed.–and I am very angry now—and my people in Ethiope East local Govt still drink from polluted rivers while the crooks live large?

    • These are the two groups that have primitively stolen Nigeria dry.

  • burning spear

    Not a single ijaw man or woman on the list————-yet the oil wells are located in the creeks where Jonathan hails from in the Niger delta———where they cannot boast of a fulani dangote—–From the story its clear dangote is also a crook———Ahard core thief————————————-what a country—————

    • Yemisi

      We are not a country.

  • TKBaba

    The Federal Internal Revenue service should make a request on details about these secret accounts.

    Are the owners of these accounts paying taxes on the accrued interest generated on the account balances?

    It is time the Federal government do the right thing with regards to tax collections from the so called WEALTHIEST Nigerians.

    • jude L/A USA

      Who is manning the IRS in Nigeria as to “make a request on details about these secret accounts”? Think bro, THINK!

      • TKBaba

        That is the reason reason why Nigerian voters want change.

  • the truth

    This matter must be investigated. As for now let us not rush to conclusions

  • Comfortkay

    Nigeria is the only country that her wealth belongs to a group of people while other Nigerian is sleeping under the fly-over bridge Dreaming that one day it would be better.
    I don’t trust this PDP government to investigate the whole issues some of Nigerian wealth outside of this country stolen and looted is enough to support all graduate looking for employment.

  • Ahmed Alhassan

    “….concealing their identities for years and using codes perhaps to shake
    off tax authorities from accounts….” With the word ”perhaps”, the entire report is rubbished! The simple laws of journalism do not allow you to opinionate. I want to be proved wrong on this! You cannot say you know the reason why someone has taken a particular action. Pls is there a law in Nigeria that says private citizens cannot operate account anywhere? Many of us need to grow up to the realization that what keeps businessmen growing are simple tips we need to study. The usual stereotype in Nigeria is that if a man is wealthy, he must have stolen government money. If he runs a successful business, then government is putting some money in that business. I strongly think we are foreclosing the personal efforts some of them put into their businesses. It is possible to ask questions about those in government or those who are wives to government officials on this list. If you ask a virgin what she is doing in a strippers’ club, you would be right but you wont ask a heavily pregnant woman what she is doing in a maternity home!

    We should demonize our own who are businessmen and women just because they have account in the bank. I am not sure it is fair. I pray for each and everyone of you to get to the level these business persons have reached and face the challenges they face both from us on the one side and from government on the other side. Trust me, it is not as rosy for them as you think.

  • dd

    Nonsense. What about Tinubu and Ameachi’s account with Citi?

    • Jo Guy

      Obviously the blood has not reach your brain yet, the report said HSBC and not Citi. If you have that of Citi you might as well hand it over for publication.

    • hummmm

      link …pls

    • jude L/A USA

      Did you see anything of such published by PT? Clown!!!

  • Ayo Kellany

    Victor Ifeanyi Odili of the jailed Odili Dynasty featured prominently as well. Each and every single politician or government official listed are members of the ruling PDP. No wonder they are so mightily threatened of losing their power of stealing of public/ government fund which Jonathan declared is not corruption.NigerDelta it is about time you save yourselves and stop being gullibilly to the evils of PDP which Jonathan Ebele represent.

  • Ayo Kellany

    Not a single APC member proxy or associate indicted but 99.9% PDP card carrying members listed. It is indeed a sad day for Nigeria. I hope those contesting against David Mark would be able to use this piece of evidence to stop the PDP FRAUDSTER from returning to the senate.

    • I rather look at it from the power blocks of Nigeria. 90% of the names were Northerners then followed by Yoruba. It is the same persons that controlled PDP – Obasanjo/Atiku. These are the same persons that own most of the prolific oil blocks.
      With the migration of power to a SS president, note that the same duality have moved on masse to APC.

    • A. Tom-Lawyer

      “In a country where success is agreed as something to be stolen,
      killing is agreed also. Stop and punish the thefts bleeding Nigeria,
      and there will be nothing left to fight over.”

      ………..Seyi Olu Awofeso

      (September 6th, 2014)

      • Tom-Layer

        For all said and done, stealing kills a faster than cancer kills and individual.

        …………Seyi Olu Awofeso

        (September 6th, 2014)

      • Figaro

        Theft has created a crass elite structure in Nigeria having no sensible member
        a Nigerian youth can look up to as innovative and morally upright role model
        amongst the treasury thieves prancing around in criminal garb as billionaires.

        • Anita Tom-Lawyer

          For all said and done, stealing kills a faster than cancer kills an individual.

          …………Seyi Olu Awofeso

          (September 6th, 2014)

          • Orji

            We can call this one BRTP, i.e: Bus Riding The People.
            Hahahaha! I never go; Lagosians, i beg una, i dey come!

          • Raymond

            “In Nigeria, the pauperized many have sent a memo to the
            criminally-rich few: ‘We will not allow you to enjoy your ill-gotten gains in
            peace. We will hound you and pursue you everywhere you go. When you buy your
            Hummers, we will snatch them”.

            “When you send your children to expensive schools, we will kidnap
            them. When you retreat to your billion-naira homes, you will have to sleep with
            one eye open. With every knock, you will panic and tremble, fearing it could be
            nemesis at the door”.

            …………Femi Aribisala

          • Alkali

            …BUT THIS IS ALL WE KNOW

            • ₦38.23billion developed legs and got missing in Central Bank
            under Sanusi Lamido Sanusi,
            • ₦1.97billion was paid out in cash and entered on Central Bank
            accounts as “inexplicable expense” by Sanusi Lamido Sanusi,
            • ₦20billion was paid out in cash as Legal Fees by Sanusi Lamido
            to persons un-known,
            • ₦3.086billion was paid out in cash by Sanusi Lamido as expense
            to promote Central Bank image,
            • ₦160billion was paid out for CBN on self-determined
            activities,
            • ₦240billion was discretionally doled out at will as

            ‘donations’ by Sanusi Lamido,
            • ₦1.12billion was taken in cash and entered as paid to a
            non-operating airline for charter service,
            • ₦1.12billion was claimed as spent by Sanusi Lamido on luncheon
            for CBN police guards in one year.

          • Paul Akor

            But excuse me, what is President Goodluck Jonathan doing? Is Jonathan a serious man?
            See all the money that’s still missing in Central Bank of Nigeria till today, close to ₦700billion.
            And President Jonathan is not doing anything to catch the thieves or to recover the money?
            This is very bad for Nigeria. I am dis-appointed with President Goodluck Jonathan’s attitude.
            Should Sanusi Lamido Sanusi who was in charge at Central Bank of Nigeria be walking free?
            Which country’s president will allow this kind of theft in another country? It is only in Nigeria!!

          • hummm

            Interesting, you must have been present when these atrocities took place in CBN. Do tell, we are waiting for your autio tape .

          • Ms. Vivian

            @Orji:

            I like this picture because it brings the truth home. This BRTF bus mess in Lagos today
            is exactly what can happen when stealing of a country’s cash assets is the major activity
            in government circles. Poverty will deepen; and, life itself will lose a significant meaning,

  • Emeka Anyanwu

    Ndi oshi..

  • Durosanmi

    Kudos to Premium Times….

    PREMIUM TIMES IS THE ONLY NIGERIAN PUBLICATION INVOLVED IN
    THIS HSBC INVESTIGATION WHICH LASTED SEVERAL MONTHS.

    But no kudos to Premium Times for not investigating this burning question,
    which has the clear potentials of stalemating national elections on 28th March:

    • Chuks

      I have seen this question on Premium Times many times. Has Buhari not answered it yet?
      This is surprising to me. Can Buhari not just tell the truth? No, that is not good at all, haba!
      I think the federal government should give General Buhari 72 hours to answer it or go to jail.

      Why sould one person hold all Nigerians to ransom over this question? Enough is enough!!
      Even his running mate who calls himself a Christian Pastor has kept quite like a silly hypocrite.
      And they say the Pastor Yemi Oshibajo is a lawyer? Doesn’t he know Evidence Law anymore?

      • Toni

        Premium Times owe gratitude to the principled Nigerians of conscience
        who keep asking this right question on Buhari’s certificate saga.
        For left to APC this matter would not be vivified in public.

        • Bobby

          “The only way to stop us from stealing is to stone us. The Nigerian followers
          are as guilty as the Nigerian leaders. The Nigerian institutions are all compromised
          and there is no alternative to them as it is. Nigerians appear not to be against stealing
          and corruption but only against how long you stay stealing and being corrupt.
          Don’t ever expect those in public office to fight corruption on these facts.”

          ….…..APC Governor Rotimi Amaechi

          (Rivers state)

          (June 30th, 2014)

    • humm

      Thanks for your posting with different name with different color certificate. You sure have a lot of time to on your hand . Go get a real job my friend.

      • jude L/A USA

        He is a clown!!!

  • Harry

    PDP is a scam, we must relegate the party to the rubbish bin.

  • BankyMons

    Respect to Premium Times! I shall henceforth take your stories more serious. Again kudos for having the guts to run this story in the first place.

    • Emeje

      More seriously is the fact that the list of full of Yorubas and Hausas. And that’s why they’ve demonized GEJ and want to take the government back by all means, so they can continue stealing the oil revenue. He has prevented them from doing that the past six years. I’ve said it before, that whenever a Nigerian suddenly becomes filthy rich, you better look carefully – he is just a frontend for someone in government siphoning out the people’s money. It is no secret that Abiola’s wealth came about from Murtala’s loot of an entire Benin bank during the civil war. At that time soldiers were still afraid of investing looted money in their name, so he gave the money to Abiola to invest on his behalf. To return the favor Abiola found him the classy lady that later became Murtala’s wife. Luckily for Abiola, Dimka’s kills Murtala, and Abiola keeps the whole money and becomes one of Nigeria’s richest. Well, to enable Murtala’s widow share of that ill-gotten wealth, Abiola takes her in as his wife. However, see how Abiola ended up. The evil that men do live with them. Similarly, Abacha’s loot was given to Dangote to invest, and Dangote becomes an overnight billionaire. Again, the lust for money is why they need the government back so badly, they are ready to accuse GEJ of rigging if the polls don’t go their way.

    • Encore

      “For what shall it profit a man if he shall gain the whole world and lose his own
      soul? The getting of treasures by a lying tongue is a vanity tossed to and fro
      of those that seek death. There are thorns and snares on the path of the
      crooked. Anyone who guards himself prudently will stay far from them. Brethren,
      you shall not steal. Theft entails deceit; and in a heart where the spirit of
      deceit is, there, the spirit of God cannot be.”

      …………Holy Bible

  • onyee

    All the money should besized .

  • Bright-78

    If we had real anti-graft agencies in Nigeria, I have no doubt they’ll get the full list from Premium times and HsBc and summon all the individuals/companies with high account balances/transactions to explain the source and recover stolen loot where applicable. But we all know better…

  • The Interrogator

    ANYONE WHO IS NOT HONEST IN SMALL, PERSONAL MATTERS
    CANNOT BE TRUSTED WITH BIGGER MATTERS OF STATE MONEY,
    THEREFORE, FOR THE SAKE OF TRUTH AND HONESTY IN NIGERIA:

  • Sola Adesakin

    When will President Jonathan wake up from slumber?

    And bring all the exposed thieves in Nigeria to justice?
    He does not impress me with his do-nothing behaviour,
    whilst Nigeria continues to get a bad name overseas.
    A good President will swing into action on these facts,
    and ask that the 200+ criminal suspects in HSBC be
    taken into custody by EFCC forthwith for investigation.
    Jonathan is not doing that and he’s annoying me a lot.

    • Des Rees

      “Men and women who want to be of use to themselves and humanity
      must have good character. The greatest prop to character is ‘honesty’.
      Honesty is the best policy. Let no one believe that you are dishonest.
      If they believe you are dishonest you are doomed. You will never be
      able to rise to a position of respect and trust –
      except by some mere accident.”

      ……….Marcus Garvey

      (Black American Nationalist)

    • Ndi Charles

      Goodluck is not perfect, like all our past presidents and HOS but he is our best bet. I say so because even the PDP has been transformed under his watch- non imposition of candidates and proliferation of women in politics. Alas, Ijaw is not lingua franca in aso rock as hausa and yoruba were in the hey days. APC sorely missed the point in the change they bandy about- all students of history know BUHARI cannot bring change, especially with fake Pastor Osinbajo who is a director in Tinubu’s lagos state tax collector firm- ALPHA BETA. If we de complain of corruption make we remember say na all of us de corrupt, if you feel say I de lie, try send oyibo man go market, or drive luxurious car enter market- even 10 year old seller go cheat you. By the way, na only oil we get? Our past leaders had to be bribed with oil wells to give democracy a chance, most of which will expire in 2017-2019. So they now want to impose one of their own, so he can maintain the status quo? God forbid cos Buhari is as corrupt as his kinfolk- one certainly cannot serve as trustfund chairman, petroleum minister and Hos without being corrupt. Oya make we try fight corruption, na then you go see say d thing don interconnect every strata of society- hausa man don allow him pikin marry yoruba man, him come even marry niger delta woman make d oil for nor loss. Who de stay glass house nor de throw stone oooo….. How Ambode take get 20 billion? The watch when him de wear na daniel rothschild- over 150 thousand dollars- you don hear say person de retire by that age before? My people make una open una eye, cos dis changi need special eye glass.

  • sammyctu ode

    Dangote and Adenuga have the right to keep their money anywhere because we know how they made their money but for david mark, his family and other politicians to steal our money and hide them is Swiss bank accounts is criminal and unforgivable. Corruption under jonathan and pdp has gone super viral which is one of the reasons we can’t give him another chance because he has failed us woefully.

  • Satyr

    Even if buhari wins, Nigeria will still not be free from vampire banksters, presstitutes, politricktians, troika (imf, world bank, c.I. a) evil intents. The only way is to adopt Fidel castro/Thomas Sankara ideologies; the only way out of this current mess.

  • jack loach

    Sods —–
    Law.

    July
    .- 2015. ( Updated.)

    For almost two
    decades we have strived to get justice for the injustice we have
    suffered at the hands of a world renowned bank— PICTET & CIE.
    BANK.

    Two yorkshiremen
    both running their own small family businesses trying to resolve the
    problem by taking all the correct legal procedures to recover their
    monies.

    The matter was
    raised in Parliament – twice– the FSA investigated the matter
    concluding that PICTET had rogues operating in their London Bank —
    but the rogues had left —saying no one left to prosecute.??? —–
    so there.

    We then
    approached the Financial Ombudsman Service. (FOS) — our case was
    dealt with by seven different people —- then our numerous E-Mails
    were ignored — nobody would speak to us ——-so there.

    We then asked the
    SFO ( Serious Fraud Office.) to investigate our case —- the
    criteria of our case ticked all their boxes. — we were instructed
    not to send them

    any
    documents/evidence.—— in fact they wrote to us advising us to go
    to the Citizen’s Advice Bureau.(CAB.)

    Richard Alderman
    the SFO boss —- who responded to our letter was the same man who
    would not investigate the “ Madoff” scandal or the “Libor”
    fiasco.

    The MP’s
    committee —- said he was sloppy— and the SFO was run like “
    Fred Karno’s Circus” —– it was an office of fraud.—– so
    there.

    Our M.P.
    approached our local Chief Constable to investigate—– he was
    called—- Sir Norman Bettison— Chief Constable of West Yorkshire
    Police —- a force that made “ Dad’s Army” look like the S.A.S.
    They were inept – corrupt —malicious — from top to bottom. We
    were criminally dealt with by the Forces Solicitor—- the Head of
    the Economic Crime Unit —-and the Chief Constable —– so there.

    We were then
    advised to pass our complaint against West Yorkshire Police to the
    I.P.C.C. – which we did — they advised us to make our complaint
    to —- the West Yorkshire Police — we did with reluctance — all
    we got was abuse and obfuscation. —– so there.

    Sir Norman
    Bettison —- The Forces solicitor— and the Head of the Economic
    Crime —- have all been removed from their posts and facing criminal
    allegations.

    —— so there.

    We even sought
    justice through the Courts — culminating in a visit to the Court of
    Appeal-London.— On leaving the Courts of Appeal that day our
    barrister a “rising star” informed us — that if that was
    British Justice then you can keep it. He quit the law and moved to
    Canada —– so there.

    A few years later
    we learned that one of the judges ( Lord Justice.) in our case at the
    Court of Appeal was related to a senior executive of the Pictet Bank
    —–so there.

    The Ministry of
    Justice passed our case to Lord Myners to investigate — we would
    rather have had Mickey Mouse or Donald Duck do it. — to this day we
    don’t know

    —whether he did
    anything or not —- probably not — seeing that his wife was on the
    Pictet Prix Board.

    Pictet & Cie
    .Bank — voted private bank of the year 2013.

    Ivan Pictet —-
    Voted banker of the year 2012. —- the senior partner — lied on
    numerous occasions and had documents destroyed — also said genuine
    documents were forgeries. —– so there.

    Pictet & Cie.
    were adamant that they had no involvement with MADOFF —- they lied
    again —- they let him steal the monies then conned it off him.—
    so there.

    2012 — June –
    Published in Anglo INFO. Geneva – USA Trust Fund Investors were
    sent false and fraudulent documents by Pictet Bank in order to
    collect large fees ( Like Madoff.) Even
    after the SEC in the USA uncovered the fraud Pictet continued to
    charge fees and drain whatever was left in these accounts. Estimated
    that $90 million lost in this Pictet Ponzi scheme.– so there.

    Ivan Pictet in
    Oct. 2013 —- Given the Legion of Honour — but saying that —-
    honours were given to Hitler — Eichmann — Mussolini —Franco
    — he’s in fitting company. —-so there.

    April 2015. —-
    Inner City Press.—- United Nations Joint Staff Pension Funds.

    Pension
    Fund.–$53 Billion.—– The spokesman FARHAN HAQ would not answer
    whether Investment chairman – IVAN PICTET had to quit —- after
    allegations made by some staff. —- “ once a crook always
    a crook” – so there.

    MONTY
    RAPHAEL.Q.C. — Peters & Peters.London. They were the banks
    lawyers.

    Monty
    Raphael.Q.C. along with Ivan Pictet withheld crucial documents
    requested by the High Court —- the FSA —- and the police Fraud
    Squad. —-so there.

    Monty
    Raphael.Q.C. became an Honorary Queens Counsellor in March. 2012.

    Monty
    Raphael.Q.C. became a Master of the Bench in Nov.2012.

    An expert in
    Fraud —the Doyen of Fraud Lawyers. —– so there.

    This says a lot
    about Banks — and their lawyers –the consensus of opinion is that
    they are highly paid “crooks” —- no wonder they voted Ivan
    Pictet banker of the year. — and Monty Raphael a Queens Counsellor
    – “crime does pay”?

    It appears that
    crimes in the “establishment.” are honoured by their peers.

    “HONOURS
    AMONG THIEVES.”

    Full Story.—-
    “google ”

    Insert.—– The
    Crimes of —– Pictet & Cie Bank.

    or
    insert

    Ivan Pictet/
    Monty Raphael Q.C.

  • jack loach

    Swiss Bank
    Accounts.—- July. 2015.

    Is your monies safe
    in these accounts —- definitely NOT.

    Would you get your
    money back if every body decided to withdraw all their accounts –
    NO WAY.

    Economic Experts
    say that there would only enough money to repay 50% of their clients.

    Are you going to be
    in the 50% — that loose your money.– Get it out NOW.

    2012 — – June.
    — Published in Anglo INFO .Geneva.— USA Trust Fund Investors were
    sent false and fraudulent documents by Pictet Bank.Switzerland. in
    order to collect large fees. ( Like MADOFF) —Even after the SEC in
    the USA uncovered the fraud Pictet continued to charge fees and drain
    whatever was left in these accounts. Estimated that $90,000,000
    million lost in this Pictet Ponzi scheme.

    2012 – – – July.
    — De – Spiegel. — states – Pictet Bank uses a letterbox
    company in

    Panama
    and a tax loophole involving investments in London to gain

    German
    millionaires as clients.

    2012
    – – – August —- German Opposition Leader accuses Swiss Banks of
    “organised crime.”

    April 2015. —-
    Inner City Press.—- United Nations Joint Staff Pension Funds.

    Pension
    Fund.–$53 Billion.—– The spokesman FARHAN HAQ would not answer
    whether Investment chairman – IVAN PICTET had to quit —- after
    allegations made by some staff. —- “ once a crook always
    a crook” – so there.

    All
    the fines that crooked Swiss banks have incurred in the last few
    years exceeds £75.Billion.

    It
    is also calculated that the secrecy ” agreements” with
    regards to tax evation by their clients will cost the banks another
    £450 Billion.( paid out of your monies.)

    The
    banks are panicking — the are quickly restructuring their banks
    —- from partnerships —

    to
    ” LIMITED COMPANIES.” —– this will probably mean that
    in the future — they could

    pay
    you only 10% of your monies ” if you are one of the lucky ones”
    —- and it be legal.