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Abacha

Jersey to Repatriate $9.5m Illicit Abacha Funds to Nigeria for Infrastructure Development

Abacha, settled

The government of Jersey has concluded arrangements to repatriate over $9.5 million (£7 million) in illicit funds to the Federal Government of Nigeria. The funds, identified as “tainted property” linked to corruption, are earmarked for the completion of a critical highway infrastructure project connecting Abuja to Kano, Nigeria’s second-largest commercial hub. The agreement was formalized […]

Only IBB responsible for June 12 annulment, actions of his govt–Abacha Family

Abacha, settled

By Tom Okpe The family of former Head of State, Late General Sani Abacha, has said decision of former Military President, General Ibrahim Badamosi Babangida to blame their father and leader for the annulment of June 12 Presidential election shows he lacks integrity, honesty and sincerity. Head of the family, Mohammad Abacha, made this known […]

The Blame Game Backfires: Babangida’s Memoir Sparks New Scrutiny of His Leadership Failures

Abacha, Babangida

In attempting to shift responsibility for the 1993 election annulment onto Abacha, Babangida’s latest memoir reopens wounds of a turbulent legacy marked by economic collapse and democratic betrayal. Former Nigerian military ruler General Ibrahim Babangida’s newly launched memoir, A Journey in Service, has ignited a firestorm of controversy by attempting to deflect responsibility for one […]

Supreme Court dismisses Abacha family’s bid to stop fresh probe

Abacha, settled

BY BENJAMIN OMOIKE The Supreme Court of Nigeria on Friday, in Abuja, dismissed the bid by members of the family of the late General Sani Abacha to stop moves by the Federal Government to reopen the criminal forfeiture proceedings against the ex-Head of State. The fresh Federal Government’s move to reopen the fraud probe is […]

Abacha loot Vs Ibori loot

Ibori, Abacha

The attorney-general of the federation and minister of justice Abubarkar Malami (SAN) announced last week that the £4.2 million which is expected to arrive Nigeria next week would be used for the construction of the second Niger Bridge, Abuja-Kano road and Lagos-Ibadan expressway, and would not returned to the Delta State government from where it […]

Abacha stashed monies abroad because of impending US sanction – Buba Galadima

Abacha

One of President Buhari critics and a former ”Abacha boy” who was the Director General, National Maritime Authority during Abacha’s regime has said that former Head of State General Sani Abacha GCFR stashed monies abroad because he was afraid that the United State will sanction Nigeria and that if the US did so he need […]

Why I referred to Abacha loot as “Abacha Assets”- Malami

farmer-herder

Abuja – The Attorney-General of the Federation and Minister of Justice Abubakar Malami, SAN, has faulted those criticising him for describing the recently repatriated Abacha loots as “Abacha assets”. Malami in a statement issued by Dr Umar Gwandu, his Special Assistant on Media on Wednesday in Abuja said his attention had been drawn to the needless […]

Buhari govt receives $312m Abacha loot from US

Attorney-General of the Federation and Minister of Justice, Abubakar Malami, has announced that the Nigerian government on Monday received $311,797,866 of the Abacha loot. The money was repatriated from the United States and the Bailiwick of Jersey after a recent agreement.Malami, in a statement by his Spokesman, Umar Gwandu, said the amount increased from over […]

Abacha Loot: FG again denies report on third party agreement

Abacha

Abuja – The Federal Government again said that it has not entered into any agreement to concede any amount of money to any individual in relation to the over 308 million dollars to be repatriated to Nigeria from the Island of Jersey. The Attorney-General of the Federation and Minister of Justice, Abubakar Malami made the […]

Supreme Court dismisses appeal to unfreeze Abacha’s foreign accounts

Abacha

Abuja – The Supreme Court on Friday struck out  an appeal filed by the family of the late Head of State, Gen. Sani Abacha, who had prayed for an order unfreezing some bank accounts of the late dictator and other members of the family held in the UK,  Switzerland, Jersey, Liechenstein and Luxembourg. Justice Amina Augie, […]

Jersey bank to return over US$300m Abacha’s loot to Nigeria

Abacha

The Attorney-General and Minister of Justice Abubakar Malami, the Solicitor General and Attorney General-designate of Jersey, Mark Temple QC and others have signed the tripartite agreement with the Island of Jersey and the U.S. for repatriation of over US$300 Abacha’ looted assets. The funds were said to have been stolen from Nigeria by General Sani […]

Back In Times: Even Babangida, Abacha, Obasanjo, Others Promised To Complete Ajaokuta And Failed, As The Steel Company Continues To Be Conduit For Corrupt Leaders

intact

The Minister in charge of Mines and Olamilekan Adegbite this week said President Muhammadu Buhari has given him the marching order to carry on with all negotiations necessary for the completion and operation of the Ajaokuta Steel Company located in Kogi State. He said his ministry has studied the issues surrounding the company to see […]

Abacha loot we awaiting $400m from US – ICPC

Abacha loot

The Federal government has said that it is expecting about $400 million hidden in the United States by former Head of State, the late General Sani Abacha, This was made known by Prof Bolaji Owasanoye, the Chairman of Independent Corrupt Practices and Other Related Commission (ICPC)  on Wednesday. Prof Owasanoye who was the keynote speaker […]

Soyinka to Buhari: You can’t honour Abiola and pay loyalty to Abacha

Opinion Soyinka

Nobel laureate, Wole Soyinka, has advised President Muhammadu Buhari to stop admiring and displaying loyalty to an unnamed individual whom he referred to late MKO Abiola’s “Tormentor-in-Chief” according to Sahara Reporters. Although Soyinka did not mention Abacha’s name specifically, the Nobel laureate said it was confusing for Buhari to honour Chief Moshood Abiola on the […]

Abacha’s son graduates with 479 others

No fewer than 480 students including the youngest son of late Head of State, Gen. Sani Abacha, Mustapha, have graduated from the Maryam Abacha American University, Maradi in Niger Republic. The President and Founder of the university, Dr. Adamu Abubakar-Gwarzo, gave the figure at the 2nd convocation of the Institution at the weekend. According to […]

EFCC invites Okonjo-Iweala over $500m Abacha Loot

EFCC invites Okonjo-Iweala over $500m Abacha Loot

The anti-corruption net has spread out to a former Minister of Finance, Dr Ngozi Okonjo-Iweala after she was invited by the Economic and Financial Crimes Commission to explain how about $250million of the $500million recovered from the family of the late Head of State, Gen.Sani Abacha, was withdrawn.     According to findings by the […]

EFCC launches probe over missing $500m Abacha loot

NAHCO

The Economic and Financial Crimes Commission (EFCC) has launched probe on the missing $500m Abacha loot. The foreign governments, which released the loot to the Federal Government after hard negotiations, demanded that the cash be used for concrete developments, including infrastructure, such as roads, water, healthcare and education. EFCC detectives tracking the $500million have discovered […]

Abacha loot: FG concludes negotiation with Switzerland over return of $321m – AGF

abacha

Andrew Orolua, Abuja. The Attorney-General of Federation (AGF) and Minister of Justice, Mr. Abubakar Malami (SAN) has said that the federal government has concluded negotiation with Switzerland for the return of $321million recovered from the late Gen Sani Abacha family. He added that Nigeria had recovered $85million from the controversial Malabu Restrained Funds from United […]

Buhari: From pillar to post

With initial momentum on his side, promoters of the All Progressives Congress (APC) candidate, Gen. Muhammadu Buhari, touted him as the man who will emerge all-out winner in next month’s presidential election. His well-trumpeted moral high-ground was enough to drive his aspiration against any other candidate. Not even the impressive list of positive development indices […]