Tag: abacha loot
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Abacha loot: Reps panel to visit, question Obasanjo, Jonathan, others
Indications emerge on Sunday that members of the House of Representatives may question former Presidents Olusegun Obasanjo and Goodluck Jonathan over the recovery of money stolen by a former military Head of State, the late Gen. Sani Abacha. An 11-member panel of the House constituted to investigate the recovery is set to start work this…
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Ekiti poll: FG spending Abacha’s loot to sponsor Fayemi – Eleka
The governorship candidate of Peoples Democratic Party in Ekiti State, Prof. Kolapo Olusola-Eleka, has accused the Federal Government of moving part of the $321m recovered from the late Abacha family to Ekiti for Saturday’s governorship election. Eleka, who is the incumbent deputy governor, said about $50m of the recovered loot was moved from Abuja in…
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SERAP to Buhari: Sharing $322m Abacha loot among households is mis-targeted spending
Socio-Economic Rights and Accountability Project (SERAP) has said the plan by the government of President Muhammadu Buhari to share the $350million loot recovered from former military ruler, late Gen. Sani Abacha among estimated 300,000 households living in poverty is mis-targeted and would not bring any tangible benefits to the beneficiaries. SERAP, in a statement on…
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Abacha loot : Adeosun distances self from controversy surrounding recovery of $322.51m from Switzerland
The Federal Government says it has received 322.51 million dollars from the Swiss Government as part of looted funds recovered from former Head of State, late General Sani Abacha. Mr Oluyinka Akintunde, the Special Adviser, Media and Communications to the Minister of Finance, said this in a statement on Tuesday in Abuja. According to Akintunde,…
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EFCC invites Okonjo-Iweala over withdrawal of $500m Abacha loot
Indications emerged that the Economic and Financial Crimes Commission (EFCC) have invited former Finance and coordinating Minister of the economy under the Goodluck Jonathan administration, Mrs. Ngozi Okonjo-Iweala to explain how $250million of the $500million recovered from the family of the late Head of State, Gen.Sani Abacha, was withdrawn. According to a report by The…
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Nigeria to receive $321m Abacha loot from Switzerland – AGF, Malami
The Attorney-General of the Federation and Minister of Justice, Mr. Abubakar Malami, has said the government of Switzerland is set to return in tranches the sum of $321m stolen from Nigeria and stashed in the foreign nation by the late former Head of State, Gen. Sani Abacha, and his family. A statement by the AGF’s…