The Human and Environmental Development Agenda (HEDA), a civil society group, has asked the federal government to identify and sanction those who assisted Sani Abacha, former head of state, in "looting the nation's treasury".The group said the federal government has the moral obligation to explain to Nigerians questions surrounding illicit funds traced to Abacha.Recently, the British crown dependency of Jersey seized £211 million said [...]
Tag "abacha loot"
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Some international non-governmental organisations (NGOs) and civil society organisations (CSOs) have backed the social investment programmes (SIPs) of the federal government.Africa Network for Environmental and Economic Justice (ANEEJ), Action Aid and the National Economic Summit Group (NESG) are among the organisation that endorsed the SIPs.A presidential source said the validation by the NGOs is important to President Muhammadu Buhari [...]
The British crown dependency of Jersey has seized £211 million said to have been laundered from Nigeria by former head of state Sani Abacha.UK’s Metro is reporting that Abacha had stashed the money in accounts held in Jersey by Doraville Properties Corporation, a British Virgin Islands company.It was said to have been laundered through the US into the Channel Islands, while [...]
Tukur Buratai, chief of army staff, has re-emphasised commitment to the welfare of army veterans, whom he noted, remain key stakeholders in the discharge of Nigerian army's constitutional roles.He said this during a meeting with members of the Nigerian Legion, Zamfara state chapter in Gusau, the state capital, on Wednesday.The COAS, who was represented by Abdul Khalifa Ibrahim, deputy director, [...]
Some civil society organisations have called on President Muhammadu Buhari to find a replacement for Abubakar Malami, the attorney-general of the federation (AGF), over the payment of $15 million to lawyers he engaged for the repatriation of $321 million Abacha Loot.Enrich Monfrini, a Swiss lawyer hired by the federal government since 1999 for the recovery of the loot, had already [...]
Oladipo Okpeseyi and Temitope Adebayo, two Nigerian lawyers hired for the return of $321 million Abacha loot from Switzerland, have been secretly paid their controversial fees, TheCable can report.Although they were initially to be paid $17 million, it was cut by $2 million and paid following pressure from a very popular Lagos-based pastor who is a political associate of President [...]
Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), says the Swiss government has returned about $1 billion Abacha Loot to Nigeria since 1999.Magu made the disclosure on Thursday while speaking at the International Association of Anti-Corruption Authorities (IAACA) in Vienna, Austria.Tony Orilade, EFCC’s acting head of media and publicity, quoted Magu as saying the anti-graft commission [...]
Sahara Reporters, an online news website, has released a documentary titled 'Abacha Loot And the Chronicles Of Corruption in Nigeria'.The documentary talks about the controversy surrounding the repatriation of stolen funds under the regime of late Sani Abacha, most especially the looting of billions of dollars.Abacha was military president from 1993 to 1998.The documentary features Omoyele Sowore, publisher of Sahara [...]
The Economic and Financial Crimes Commission (EFCC) has accused HSBC Bank of laundering proceeds of corruption for over 50 Nigerians, including a serving senator.A recent report attributed to the bank predicted that if President Muhammadu Buhari wins his second term bid, it would “stunt the economy”.Garba Shehu, senior special assistant to the president on media and publicity, had on Saturday [...]
Temitope Adebayo, one of the Nigerian lawyers hired by the federal government for the repatriation of $321 million Abacha Loot, says they got the job because Enrico Monfrini, the Swiss lawyer "didn’t deliver".In 2016, about a year into President Muhammadu Buhari’s administration, Adebayo and Oladipo Okpeseyi were engaged by Abubakar Malami, attorney-general of the federation (AGF), for the repatriation of [...]
The federal government has accused Switzerland of “robbing” Nigeria in the course of recovering funds looted from the country.Nigeria recently signed an agreement with Switzerland for the release of $322 million said to have been stolen by Sani Abacha, former military head of state.This is just one of the previous recoveries made by both current and past administrations of the [...]
Enrico Monfrini, the Swiss lawyer hired by Nigeria to recover Abacha Loot, says Abubakar Malami, the attorney-general of the federation (AGF), is trying to change the facts on the $321 million recovered from Luxembourg.TheCable had reported how Malami engaged Oladipo Okpeseyi and Temitope Adebayo, two Nigerian lawyers, for a fee of $17 million (about N7 billion) to do a job already [...]
The ministry of finance says it has no information on the payment of lawyers hired by Abubakar Malami, attorney-general of the federation (AGF), for the recovery of $321 million looted by Sani Abacha, former military dictator.Acting on a tip-off that the Nigerian lawyers were about to be paid, the Cable Newspaper Journalism Foundation (CNJF), a partner organisation with TheCable, had asked [...]
Between 2013 and 2014, the federal government used the services of Enrico Monfrini and Christian Luscher, Swiss lawyers, to recover $321 million looted by Sani Abacha, late former head of state.The funds, recovered from Luxembourg, were domiciled with the attorney-general of Switzerland.The next step in completing the repatriation was for Abubakar Malami, attorney-general of the federation (AGF), to write to [...]
The National Social Investment Office says the recently launched TraderMoni micro-credit loan scheme will not be funded with the recovered Abacha Loot.According to the NSIO, a false message has been circulating on social media suggesting that the repatriated funds will be used to finance the loan scheme.A statement was released to this effect on Tuesday by Maryam Uwais, special adviser [...]
Abubakar Malami, attorney-general of the federation (AGF), has resorted to delay tactics to frustrate house of representatives' investigation of the $17 million lawyers' fee for the recovery of $321 million Abacha loot, TheCable has gathered. Apart from refusing to provide the documents requested by the ad-hoc committee set up by the house, Malami has also decided to use the courts to stall the [...]
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