• About Us
  • Submit Songs
  • DISCLAIMER
  • DCMA
  • PRIVACY POLICY
  • Contact us
Tuesday, August 5, 2025
illuminaija
No Result
View All Result
  • Home
  • Music
  • Videos
    • Comedy Videos
    • Movies
  • Foreign Music
  • Biography
  • Net Worth
  • Relationship lifestyle
  • Dj Mix
  • Instrumentals
  • News
  • Albums
  • DCMA
  • Contact us
  • Home
  • Music
  • Videos
    • Comedy Videos
    • Movies
  • Foreign Music
  • Biography
  • Net Worth
  • Relationship lifestyle
  • Dj Mix
  • Instrumentals
  • News
  • Albums
  • DCMA
  • Contact us
No Result
View All Result
illuminaija
No Result
View All Result
  • Home
  • Music
  • Videos
  • Foreign Music
  • Biography
  • Net Worth
  • Relationship lifestyle
  • Dj Mix
  • Instrumentals
  • News
  • Albums
  • DCMA
  • Contact us
Home News

No record of how Obasanjo, Yar’adua and Jonathan spent Abacha’s $5bn loot – FG

by Shiz
March 15, 2020
in News

image

The Federal Government has revealed that they have no records of the exact amount of public funds stolen by a former military head of state, Sani Abacha and no records of how the administrations of Olusegun Obasanjo, Umaru Musa Yar’Adua and Goodluck Jonathan spent about $5 billion of the loot recovered between 1999 and 2015.

The disclosure was made after Socio-Economic Rights and Accountability Project (SERAP) Freedom of Information (FoI) requests to Mr Abukabar Malami (SAN) Attorney General of the Federation and Minister of Justice and Mrs Zainab Ahmed, Minister of Finance, Budget and National Planning on “information on the exact amount of public funds stolen by Abacha, and details of spending of about $5 billion recovered loot since the return of democracy in 1999.”

The FoI requests dated 14 February 2020, read in part:

“The Federal Government should disclose details of projects executed with the Abacha loot and their locations, details of companies and contractors involved in the execution of any such projects, details of all the agreements on the loot, the roles played by the World Bank and other actors, as well as the implementation status of all projects since 1999.

“Publishing the details of projects on which Abacha loot has been spent would allow the public to know the specific projects carried and the areas of the country in which the projects have been implemented as well as the officials that may be responsible for any alleged diversion or mismanagement of the loot.

“According to our information, a special panel set up on 23 July 1998 by the former head of state General Abdulsalami Abubakar to probe the late military dictator General Sani Abacha stated that he stole over $5 billion between 1993 and 1998 when he was in power. Much of the stolen public funds have been returned to Nigeria.

“The report by the panel shows that the government recovered some $635 million, £75 million, DM 30 million and N9 billion as well as several vehicles and properties in Abuja, Lagos and Kano together with 40% interests in West African Refinery in Sierra Leone. Other assets were recovered from the Abacha family and associates.

“Furthermore, former president Olusegun Obasanjo administration also reportedly recovered over $2 billion of Abacha loot. Mr Obasanjo would seem to confirm this fact when he stated in the second volume of his book titled My Watch that: ‘by the time I left office in May 2007, over $2 billion and £100 million had been recovered from the Abacha family abroad, and N10 billion in cash and properties locally.

“Similarly, former president Goodluck Jonathan administration reportedly recovered $226.3 million and €7.5 Million from Liechtenstein. Some £22.5 million was also recovered from the Island of Jersey while $322 million and £5.5 million from the Abacha loot were reportedly returned to the government.

“The government of president Muhammadu Buhari has also recovered several millions of dollars of Abacha loot since assuming office in May 2015, including $321 million from Switzerland, and $300 million from the US and Jersey.”

Serving an update on the FOI request with reference number MJ/FOI/REQ/035/11/34, SERAP disclosed that only Mr Malami has sent in a reply.

A statement which was signed by Hamza Adeyinka Omolara, Malami’s Principal Counsel at the Ministry of Justice reads in part;

“We have searched our records and the information on the exact amount of public funds stolen by Abacha and how recovered loot was spent from 1999–2015 is not held by the Ministry.

“However, a total of $322 million was recovered from Switzerland in January 2018 and the funds were used for Social Investment Project. Also, $308 million was recovered from the Island of Jersey in collaboration with the USA. While awaiting the transfer of the money to Nigeria, it has been designated for the following projects: Lagos—Ibadan Expressway; Abuja—Kano Expressway, and Second Niger Bridge.”

However dissatisfied with the response, SERAP alleged that the federal government also failed to provide sufficient details on the spending and planned spending of the $630 million it said it recovered since 2018.

A statement signed by the group’s deputy director Kolawole Oluwadare, reads in part;

“The failure to provide information on the exact amount stolen by Abacha and on spending of recovered loot for the period between 1999 and 2015 implicitly amounts to a refusal by the government. The government also failed to provide sufficient details on the spending and planned spending of the $630 million it said it recovered since 2018.”

“In the circumstances and given that Mrs Zainab Ahmed has failed and/or refused to response to our FoI request, we are finalising the papers for legal actions under the FoI Act to compel the government of President Muhammadu Buhari to fully and effectively comply with our requests.”

Real Madrid kits 24-2025 For Dream League Soccer 2025
Tools

Real Madrid kits 24-2025 For Dream League Soccer 2025

Tools

First Touch Soccer 2025 (FTS 25) Mod Apk Obb Data Download

Tools

GTA 5 Apk Obb Data Latest Download For Android

ShareTweetPinSend
Previous Post

I’m not involved in Sanusi’s dethronement – AGF Abubakar Malami says

Next Post

Student of Niger Delta University dies in fatal accident in Bayelsa (photos)

Shiz

Shiz

Related Posts

Lady Gives Husband Dirty Slaps, Pours Soup On Him After Catching Him With His Sidechic (Video)

Lady Gives Husband Dirty Slaps, Pours Soup On Him After Catching Him With His Sidechic (Video)

Adele is criticized for wearing traditional African hairstyle

Adele is criticized for wearing traditional African hairstyle

Zweli Mkhize – Taxi operators will be liable if commuters don’t wear mask

Zweli Mkhize – Taxi operators will be liable if commuters don’t wear mask

My Kidnappers Said I Was Their Biggest Catch, Monitored Me For 3 Years – Bauchi Governor’s Brother Speaks

My Kidnappers Said I Was Their Biggest Catch, Monitored Me For 3 Years – Bauchi Governor’s Brother Speaks

Belgian king apologises to DR Congo for colonial-era cruelty

Belgian king apologises to DR Congo for colonial-era cruelty

Coronavirus Test Result Of Nine Suspected Cases In Kano Is Out

Coronavirus Test Result Of Nine Suspected Cases In Kano Is Out

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result

Recent Posts

RAINING IN YOKOHAMA (Lofi HipHop)

DOWNLOAD RAINING IN YOKOHAMA (Lofi HipHop) mp3

Bad Apple Touhou English Cover

DOWNLOAD Bad Apple Touhou English Cover mp3

Senbonzakura English Cover

DOWNLOAD Senbonzakura English Cover mp3

uMkhulekelwa - Uyathandeka

DOWNLOAD uMkhulekelwa – Uyathandeka mp3

uMkhulekelwa - Akenibe amadoda

DOWNLOAD uMkhulekelwa – Akenibe amadoda mp3

Trending Posts

Numerous unique reason why you should immigrate to United Kingdom
Jobs

Numerous unique reason why you should immigrate to United Kingdom

Numerous unique reason why you should immigrate to United Kingdom The United Kingdom consists of England, Northern Ireland, Scotland and...

Read moreDetails
Canada Government Jobs for Immigrants – Work in Canada
Jobs

Canada Government Jobs for Immigrants – Work in Canada

Canada Government Jobs for Immigrants – Work in Canada Are you trying to get a job abroad? I assume you...

Read moreDetails
Jobs

NPF Recruitment Portal 2023 Is Open (Apply Here)

NPF Recruitment Portal 2023 Is Open: www.recruitment.psc.gov.ng application form and registration portal NPF Recruitment Portal 2023 Is Open: www.recruitment.psc.gov.ng application...

Read moreDetails
Farm Workers Urgently Needed in Canada with Free Visa Sponsorship – Apply Now
Jobs

Farm Workers Urgently Needed in Canada with Free Visa Sponsorship – Apply Now

If you really want to get free Visa Sponsorship and work in Canada right away, here is an opportunity you...

Read moreDetails
MBA Scholarships In USA For International Students
Scholarship

MBA Scholarships In USA For International Students

MBA Scholarships In USA For International Students MBA degrees open the door to top-class career opportunities in the corporate world....

Read moreDetails
Canada Travel Tips: Top 10 cities in Canada for full-time jobs
Jobs

Canada Travel Tips: Top 10 cities in Canada for full-time jobs

Canada Travel Tips: Top 10 cities in Canada for full-time jobs While the general trends in job growth in Canada...

Read moreDetails
Discover Unique ways of Finding Jobs when Relocating to Canada
Jobs

Discover Unique ways of Finding Jobs when Relocating to Canada

Discover Unique ways of Finding Jobs when Relocating to Canada Canada is one of the most popular places to find...

Read moreDetails
Immigrating To Canada – How To Find A Place To Live
Jobs

Immigrating To Canada – How To Find A Place To Live

Immigrating To Canada – How To Find A Place To Live Moving to a big and popular country like Canada...

Read moreDetails
Scholarship : Latest McCall MacBain Study Award for International Students in Canada 2024
Scholarship

Scholarship : Latest McCall MacBain Study Award for International Students in Canada 2024

Scholarship : Latest McCall MacBain Study Award for International Students in Canada 2023 Great offer! Scholarships are an excellent way to offset...

Read moreDetails
Discover Why Toronto is an Ideal City For Immigrants to Work and Live
Jobs

Discover Why Toronto is an Ideal City For Immigrants to Work and Live

Toronto is a financial city, district, city of theatres, sports, and more. This article provides an overview of the attractions...

Read moreDetails
  • About Us
  • Submit Songs
  • DISCLAIMER
  • DCMA
  • PRIVACY POLICY
  • Contact us

© 2023 illuminaija

No Result
View All Result
  • Home
  • Music
  • Videos
    • Comedy Videos
    • Movies
  • Foreign Music
  • Biography
  • Net Worth
  • Relationship lifestyle
  • Dj Mix
  • Instrumentals
  • News
  • Albums
  • DCMA
  • Contact us

© 2023 illuminaija