Connect with us

News

Atiku’s home in Potomac, Maryland sold for $2.95m

Published

 on

Former Vice President Atiku Abubakar‘s controversial home in Potomac, Maryland, in the U.S. has been sold for $2.95 million, Premium Times reports.

The house was thrown into limelight in 2005 after a FBI investigation revealed a U.S. congressman William Jefferson received $100,000 bribe said to be from the then vice-president Atiku.

The FBI had obtained a search warrant to search to Potomac home, but no cash had been found.

The 7-bed, 9-bath home was listed on real estate website Zillow on January 25, 2018, for $3.25 million.

Its status was changed to indicate pending offer of $2.95 million on February 26, 2018, indicating the buyer and the seller had reached a deal, which the buyer could still pull out of if an agreement on cost of repairs and other payments cannot be agreed upon.

Speaking about the sale, Atiku’s spokesperson, Paul Ibe, told Premium Times:

Atiku Abubakar is a successful businessman who has a long history of real estate investments.

The U.S. home was simply one of such numerous investments. The home was no longer serving the purpose for which it was bought. Consequently, it has to be put up for sale via open auction, a growing and preferred method of selling high end properties. The proceeds thereof will be deployed to business aimed at creating jobs.

The colonial-styled 7131 square feet house sits on 2.3 acres and was bought in December 1999, for $1.75 million, by Atiku and his fourth wife, Jennifer Douglas.

See photos of the house below:

Atiku's home in Potomac, Maryland sold for $2.95m - BellaNaija

Photo Credit: Zillow

39 Comments

  1. Deleke

    March 15, 2018 at 3:42 pm

    Now I see why this house caused a lot of drama…….

  2. Elle

    March 15, 2018 at 4:00 pm

    He is obviously selling it to fund his political campaign which shall surely fail. If some foolish Nigerians like they should go ahead and vote for this recycled thief called Atiku.

    • New Nigeria

      March 15, 2018 at 5:21 pm

      What did he still?
      Can you mention 1 thing please

    • Ben Harry

      March 15, 2018 at 5:28 pm

      Sanu lord of the rings …abi Lord of the ballot that decides in hwe supremacy…who wins or looses election….#wehdone ma!

    • Elle

      March 15, 2018 at 5:53 pm

      What did he STILL? You better go back to school instead of defending a thief who doesn’t give a rat’s ass about you.

    • ogeAdiro

      March 15, 2018 at 7:07 pm

      For the person asking what he stole, kindly refer to this Bellanaija article: https://www.bellanaija.com/2017/09/twitter-user-atiku-corruption/

    • BOSS

      March 15, 2018 at 9:28 pm

      @Elle, don’t be silly. That you will not vote for him does not make those who will foolish.

    • 9ja

      March 17, 2018 at 7:04 am

      @ Elle, it seems obvious that, among many other things, he stole New Nigeria’s education…LOL!

  3. Asa

    March 15, 2018 at 5:09 pm

    Ill gotten wealth is the only reason such a huge beautiful house like this will be wilting away from no use and the grounds will be so unkempt. If he laboured for his money, he would have purchased something he would use or be able to rent out in his absence. But he had access the 9ja funds and of course, leaving lands and homes to fall to ruin is not an issue.

  4. New Nigeria

    March 15, 2018 at 5:20 pm

    He invested 1.9 in 1999 and made 1.50 profit in 2018. That is what good business venture for a good business man.

    • Lol

      March 15, 2018 at 5:27 pm

      Lmao clowntiku

  5. New Nigeria

    March 15, 2018 at 5:22 pm

    Nigerians should not allow propaganda to deceive them for the second time Atiku is clean #IStandWithAtiku2019

  6. New Nigeria

    March 15, 2018 at 5:29 pm

    A wise man will see wisdom.in what Atiku just did and not to look for issues where there is none he bought a house less and sold it more making profit period.

  7. Baba Dasong

    March 15, 2018 at 5:32 pm

    So this Bella Naija people have reached here too…nothing money will not influence …this skewed PT news is what you people are carrying …please save your blog and ignore this propaganda tales.

  8. Baba Dasong

    March 15, 2018 at 5:33 pm

    Remember distorted facts is worse than lying …it is the act of the demons and the devil!

  9. Seriously

    March 15, 2018 at 5:35 pm

    Atiku is like trump a crooked businessman but this is not who Nigerja needs. Let him continue on his business venture but notoatiku. Nigerians must love chaos and dishonest people to continue to recycle same corrupt leaders

    • bruno

      March 15, 2018 at 5:46 pm

      keep my president’s name out of ur mouth. trump is a honest business man who turned millions to billions. how many people can do that.

    • 9ja

      March 17, 2018 at 7:12 am

      @bruno, and how do you know that Dotard Trumo is a billionaire? Seen his tax returns?!

      Anyway, most people who inherited hundreds of millions from daddy and still had to file for bankruptcy SIX times (which means that the govt and laws PROTECTED him from his creditors and from fully paying his bills) would likely turn their inherited millions into more millions – especially, if they are also laundering money for Russian oligarchs (allegedly…lol).

    • 9ja

      March 17, 2018 at 7:15 am

      ***Dotard Trump…

  10. Nura Sabo Anku

    March 15, 2018 at 5:48 pm

    1. The property was voluntarily sold and not a forced sell, because the sell is on pending offer means a buyer and seller of the property have reached a deal. However, a buyer can still pull out from the deal.

    2. If there was any issue with the property the sale would not have commenced in the first place and all the taxes are paid consistently for the mansion by Ms Douglas since the day they owned the mansion.

    3. The fact it was sold by https://www.conciergeauctions.com/company shows the reason why it is was sold at auction. It is a growing and preferred method of selling high end properties especially in an advanced countries like US.

  11. Elle

    March 15, 2018 at 5:51 pm

    See them ooooh. They have come again!!!!! All the Atiku robots that flooded the other Atiku black panther post have arrived here again. Hungry human beings ready to sell their futures for peanuts. Atiku ko, Atiku ni.

    https://www.bellanaija.com/2018/03/atiku-visits-cinema-see-black-panther-buys-tickets-present/#comments

  12. Elle

    March 15, 2018 at 5:52 pm

    See them ooooh. They have come again!!!!! All the Atiku robots that flooded the other Atiku black panther post have arrived here again. Hungry human beings ready to sell their futures for peanuts. Atiku ko, Atiku ni.

  13. Nura Sabo Anku

    March 15, 2018 at 5:58 pm

    4. Atiku Abubakar has a long history of buying and selling real estate. (He even made a profit with this transaction). So it’s not knew thing for a businessman to sell his property and the U.S. home was simply one of such numerous investments he has in some other countries. The home was no longer serving the purpose for which it was bought for.

    5. They no longer needed a home that large since the family had relocated back to Nigeria.

    6. Therefore, Atiku Abubakar should be allows to invest more in businesses in and outside Nigeria because he is an international business man and he has alot of investment such as Rico Gado animal feeds etc.

    • miss_nk

      March 16, 2018 at 12:17 pm

      lol, keep deceiving yourself. Go and read about why He, your mighty Atiku has been refused entry into America twice. It’s easy now to believe what I heard about some of your people believing Yusuf Buhari fell from okada because Buhari is so humble and not corrupt that he didn’t allow his children to use cars.

  14. Nura Sabo Anku

    March 15, 2018 at 6:03 pm

    There is no clear evidence that shows Atiku is corrupt leader because he makes his own wealth through businesses not in government as his fellow leaders used to loot our treasury and divert it to their personal pocket. I challenge you to publish any allegations you know about Atiku if you have.

  15. Nura Sabo Anku

    March 15, 2018 at 6:06 pm

    There is no clear evidence that shows Atiku is corrupt leader because he makes his own wealth through businesses not in government as his fellow leaders used to loot our treasury and divert it to their personal pocket. I challenge you to publish any allegations you know about Atiku if you have..

  16. The Real Oma

    March 15, 2018 at 6:49 pm

    Nura Sabo Anku, we have heard you. Oya vamoose and never return.

    • Douglas

      March 15, 2018 at 9:05 pm

      Make him vamooze na…I stand with Atiku!

    • Nura Sabo Anku

      March 15, 2018 at 10:47 pm

      To where shall I vamoose and never return. I challenge you man to say a single corruption allegation against Atiku.

  17. omomo

    March 15, 2018 at 7:27 pm

    this atiku social media people should go and learn the work well they sound very stupid and make it so obvious that it is a paid job they are doing..coming multiple times to be commenting …hilariuos

  18. Lovelyhannah

    March 15, 2018 at 8:07 pm

    Honestly speaking The proceeds of the sale should be returned to Nigeria treasury, the initial money used to buy the was gifted from govt money AFF, This is why there so much poverty in Nigeria, public servants lining their pockets There is God Ooooo

    • Nura Sabo Anku

      March 15, 2018 at 10:45 pm

      The former vice president is not a corrupt leader because he has no any case of corruption and he is not like our leaders who loot our treasury and to divert it to their personal pocket. Atiku get wealth through his investments.

  19. Californiabawlar

    March 15, 2018 at 10:39 pm

    Lmao! Because Buhari used social media to win election in 2015, Atiku has hired goons to come and be dabaru’ing comment sections. Okay now, okay.
    Please just be a little more slick about it… jeeez!

  20. Nura Sabo Anku

    March 15, 2018 at 10:41 pm

    The story of the potomec mansion issued on Atiku is nothing but mere allegation to discredit him politically and they will never succeed.

    • Askum

      March 16, 2018 at 11:36 am

      It haf do, inugo?
      You and your principal, it haf do?
      You even sound like a robot.
      I’m sure you’ll respond to this with another paragraph of a copy and pasted manifesto.
      It haf do.

  21. Chi

    March 16, 2018 at 1:16 pm

    I will rather vote for a wall gecko than vote for Atiku. He is the real definition of the word – corruption. What did he forget to loot in Aso Rock? I really wonder what all these corrupt people take us for!!

  22. Mamamia

    March 16, 2018 at 7:34 pm

    What do they give you guys to drink abi are you Atiku sir?If you are young, then you will understand that Atiku need not come into power again. The ones that always try and fail and finally win are worse. Look where we are? Atiku, please we do not want you…

  23. NYNY

    March 18, 2018 at 2:43 am

    He bought the home in 1999, did any of you even know of him then, he has been investing in property before being VP.. …Also here I’m thinking TITI is the only wife..wow 4th wife, Igbo chic! he try.

  24. Kel

    June 10, 2018 at 12:26 am

    Omoyele sowore!…….we will take it back from them all

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Tangerine Africa
css.php