Abacha Loot: Nigeria Is $322.51m Richer After Recovering More Stolen Funds From Switzerland
One would wonder how a single person could loot the national treasury so bad.
Former Head of State Sani Abacha is no more alive but his stolen monies keep retracing their steps back to Nigeria.
The Federal Ministry of Finance confirmed that it has received payment of 112.8 billion naira ($322.51 million) from the Swiss government as part of the huge sum of money looted by Abacha.
He was Nigeria’s military president from 1993 to 1998.
Confirming the recovery, Special Adviser, Media and Communications to the Minister of Finance Oluyinka Akintunde said the money has been paid to the Central Bank of Nigeria since December 2017.
Akintunde also responded to reports that the Minister of Finance, Kemi Adeosun, objected to the payment of 16.9 million dollars to two lawyers who recovered the Abacha funds, .
“The minister wishes to dissociate herself and the Federal Ministry of Finance from recent reports on the Abacha refunds.
“The minister had at no time written any letter to the President or any member of the Federal Executive Council (FEC) on the payment of lawyers for the Abacha recovery.
“She also refutes the flawed reports of controversy surrounding the Abacha recovery.
“We wish to state that the sum of 322,515,931.83 dollars was received into a Special Account in the Central Bank of Nigeria (CBN) on Dec. 18, 2017 from the Swiss Government.
“For the avoidance of doubt, there is no controversy concerning the recovery of the Abacha monies from the Swiss Government,” he said.
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