Abacha loot Archives - DAILY TIMES Nigeria

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Nigerian government’s claim to have settled 245 court claims for $1.3 billion is rejected by the Abacha family

Ihesiulo Grace 7 July 2024 0

The federal government’s assertion that every court case concerning Malabu Oil and Gas’s ownership has been settled has been refuted by the family of the late head of state, General Sani Abacha. The family refuted the allegation that Heineken Lokpobiri, the Minister of State for

SERAP sues Buhari over $23m Abacha loot, seeks copy of agreement with US

Ihesiulo Grace 26 September 2022 0

The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against President Muhammadu Buhari over the $23m looted by ex-Head of State, General Sani Abacha. In suit number FHC/ABJ/CS/1700/2022 filed last Friday at the Federal High Court in Abuja, the group is asking the court to “direct and compel President Buhari and Mr Abubakar […]

News

Prof Sagay blasts Maryam over claims Abacha didn’t loot Nigeria’s treasury

Ihesiulo Grace 18 June 2020 0

Chairman of the Presidential Advisory Committee Against Corruption (PACAC), Prof Itse Sagay (SAN), says he is shocked by the claim that late military dictator, Gen. Sani Abacha, did not steal from Nigeria’s treasury and stash the money away in foreign accounts. Despite a series of recoveries of funds said to have been looted by Abacha’s […]

Politics

18 groups interested in monitoring $311m Abacha loot spending

Ihesiulo Grace 29 May 2020 0

Eighteen groups, on Thursday, expressed interest to monitor the spending of the last tranche of repatriated $311m funds looted by the late Head of State, Gen. Sani Abacha. The bids’ opening was conducted by the Bureau of Public Enterprise in collaboration with the Assets Management Unit of the Federal Ministry of Justice in Abuja on […]

Abacha Loot: Justice ministry opens technical bid to monitor implementation

Ihesiulo Grace 29 May 2020 0

The Federal Ministry of Justice on Thursday opened technical bids for Consultancy Service to monitor the implementation of Abacha loot III. The News Agency of Nigeria (NAN) reports that the Consultancy Service is to undertake the monitoring of the implementation of the tripartite agreement on the Sharing, Transfer, Disposition, Repatriation and Management of the Abacha

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Abacha loot: PDP, APC trade words over $311m repatriated fund

Ihesiulo Grace 7 May 2020 0

2nd LEAD .We’ve uncovered plots to loot the fund-PDP .PDP frustrated for lacking assess to public funds, says APC The Peoples Democratic Party (PDP) and the ruling All Progressives Congress (APC), on Wednesday, exchanged words over the recently repatriated $311 million Abacha loot by the United States and Jersey. While the PDP said it has uncovered […]

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How we’ll use $311m Abacha loot returned by US, Jersey – Presidency

Ihesiulo Grace 6 May 2020 0

The Presidency on Tuesday said part of the 311 million dollars ‘Abacha loot’ retured from the United States and Jersey will be invested in the Mambilla Power Project. It said that part of it would be deployed into the ongoing fight against COVID-19 in the country. Malam Garba Shehu, the President’s Senior Special Assistant on […]

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Abacha Loot: FG again says no third party agreement

Ihesiulo Grace 9 April 2020 0

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 (SAN), made the clarification […]

Abacha Loot: No plan to surrender $100m to Gov. Bagudu – Presidency

Ihesiulo Grace 23 February 2020 0

The Presidency has dismissed media reports that the Federal Government will surrender 100 million dollars from the recovered 308million Abacha loot to Gov. Atiku Bagudu of Kebbi. A presidential source, who spoke on condition of anonymity, described the report as false, untrue and disinformation. Marseille’s 14-game unbeaten streak ends with defeat by Nantes The source,

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Abacha loot: CISLAC wants FG to disclose infrastructural projects

Ihesiulo Grace 4 February 2020 0

The Civil Society Legislative Advocacy Centre (CISLAC) has called for a full disclosure of the infrastructural project reportedly funded by repatriated loots recovered from late Head of State, Gen. Sani Abacha. The centre in a statement issued in Abuja on Tuesday, also lauded the federal government for its efforts to repatriate Nigeria’s stolen asset. CISLAC […]

News Nigeria

CSO’s partner with DFID, FG to Monitor distribution of $321m Abacha Loot to poor Nigerians

Ihesiulo Grace 3 November 2018 0

Some concerned civil Society Organisations(CSO’s ) have taken a giant stride by partnering withThe Department for International Development (DFID) and Federation government to ensure that the recovered $321 million Abacha loot is not relooted. The group are putting machineries on top gear to ensure that the poor Nigerians of which the the $321 million have […]

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$322m Abacha loot will be spent on poor, vulnerable households-Adeosun

Ihesiulo Grace 23 April 2018 0

The Minister of Finance, Mrs Kemi Adeosun, has said that the $322million Abacha loot repatriated from the Swiss government will be spent on poor households under the social safety net programme of the federal government. Addressing journalists on Sunday in Washington DC at a joint press conference with the Governor of the Central Bank of […]

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Abacha Loot: FG did not oppose payment of legal fees to lawyers- Ministers

Ihesiulo Grace 11 April 2018 0

The Minister of Finance, Mrs. Kemi Adeosun, and her counterpart and the Attorney General of the Federation (AGF) and Minister of Justice, Mr Abubakar Malami (SAN) on Tuesday said there was no controversy surrounding the recovery of US$322,515,931.83 Abacha loot or on the payment of $16.9 million fees to lawyers that handled the recovery. While […]

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Nigerian lawyers to get another $17m from Abacha loot

Ihesiulo Grace 20 March 2018 0

Nigerian lawyers freshly engaged by the Federal Government to assist with the repatriation of $321 million stolen by Sani Abacha, former military ruler, will be paid $17 million (over N6 billion) for their services. This amount, according to the online portal, TheCable, is nearly thrice what was already paid to Swiss lawyer, Enrico Monfrini, for […]

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