BY BENJAMIN OMOIKE The United States Department of Justice said it has transferred over $20.6 million to the Federal Government of Nigeria as part of the loot traced to former Nigerian military leader General Sani Abacha and his co-conspirators. The US DoJ, in a statement on Thursday, said the fresh repatriation brings the total amount […]
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 […]
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 […]
Lagos – Human Rights lawyer Femi Falana (SAN) has told the Federal Government to embark on a drive to recover Nigeria’s looted wealth to garner resources to fund the 2020 budget. Falana made the assertion in an interview at Imota, near Abeokuta on Sunday. He said the Nigerian Government must urgently seek other means of […]
Three whistleblowers: Abdulmumin Musa, Stephen Sunday and Bala Usman have filed a suit before a Federal High Court in Abuja against the Federal Government, claiming that they were the source of information leading to the recovery N13billion cash from a private apartment in Ikoyi, Lagos. The plaintiffs further claimed that they had in December 2016, […]
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 […]
Kaduna State Governor-elect, Malam Nasir Ahmad el-Rufai, said, on Monday, that treasury- looters must be punished in line with the constitution of the country. El-Rufai who was reacting to the attempt by the out-going Kaduna State government to secure approval to spend N2.744 billion SURE-P funds, said the government had put pressure on the Kaduna […]
Kaduna State Governor-elect and former Minister of the Federal Capital Territory, Malam Nasir el-Rufai, said, on Tuesday, that the in-coming administration of President-elect, Gen. Muhammadu Buhari, would inherit huge debt from the President Goodluck Jonathan government. He said Buhari would ask politicians both at the state and federal levels, who had dipped their hands into […]
Switzerland on Tuesday warned that the $380 million siphoned off by the family of Late Head of State, General Sani Abacha, which it agreed to return to Nigeria, will be withdrawn if the funds were re-looted. In sounding the warning, the Swiss authorities said the confiscation order “allows for, among other things, that the funds […]
Nigeria is set to receive about $380 million stolen by former military head of state, General Sani Abacha, a Geneva’s public prosecutor has said. According to the public prosecutor, the decision to return the funds followed a July 2014 deal between Nigeria and the Abacha family. Under the agreement, the funds would be confiscated and […]