Abacha’s
loot:
loot:
 |
| Late Gen.Sani Abacha |
SERAP threatens FG with court action
The Socio-Econmic
Rights and Accountability Project (SERAP) has threatened the federal government
with court action over late Sani Abacha’s loot.
Rights and Accountability Project (SERAP) has threatened the federal government
with court action over late Sani Abacha’s loot.
The group is demanding that the Nigerian
government reveal the exact figure the late General Sani Abacha stole in seven
days or face legal action.
government reveal the exact figure the late General Sani Abacha stole in seven
days or face legal action.
Earlier the Nigerian
federal government revealed how the repatriated loots were going to be spent.
federal government revealed how the repatriated loots were going to be spent.
This
ultimatum was disclosed in a tweet by the agency on Sunday, February 16. SERAP
also asked the government to disclose details of how about $5 billion recovered
loot was spent since 1999.
ultimatum was disclosed in a tweet by the agency on Sunday, February 16. SERAP
also asked the government to disclose details of how about $5 billion recovered
loot was spent since 1999.
Abacha’s
loot was hidden in over 12 countries with different legal requirements for the
recovery of the funds. Back in November 2019, Bolaji Owasanoye, the chairman of
ICPC, lamented the unwillingness of some of these countries to return some of
these assets since they benefit from it.
loot was hidden in over 12 countries with different legal requirements for the
recovery of the funds. Back in November 2019, Bolaji Owasanoye, the chairman of
ICPC, lamented the unwillingness of some of these countries to return some of
these assets since they benefit from it.
In a tweet
on Tuesday, February 4, a personal assistant to President Muhammadu Buhari on
new media, Bashir Ahmad, said that laundered funds under the trilateral
agreement would help finance the construction of the Second Niger Bridge, the
Lagos-Ibadan expressway and the Abuja-Kano Expressway.
on Tuesday, February 4, a personal assistant to President Muhammadu Buhari on
new media, Bashir Ahmad, said that laundered funds under the trilateral
agreement would help finance the construction of the Second Niger Bridge, the
Lagos-Ibadan expressway and the Abuja-Kano Expressway.
Ahmad made
the disclosure after the federal government of Nigeria and the government of
the United States of America entered into an asset recovery agreement to
repatriate over US$308 million looted by the late former dictator.
the disclosure after the federal government of Nigeria and the government of
the United States of America entered into an asset recovery agreement to
repatriate over US$308 million looted by the late former dictator.