Exposed! Name of Nigerian Gov. who helped Abacha loot $23 million recently recovered by UK Govt.

A new published report by an online media platform, yesterday, has exposed the people who helped a former Nigerian dictator, Sani Abacha steal $23 million recently recovered by the National Crime Agency, (NCA), of the United Kingdom (UK). The millions of dollars was forfeited by the Late Abacha’s son, Mohammed, and an offshore company Mecosta Securities Inc, according to the British agency. According to the report, further investigation, based on the NCA’s exclusive disclosure and analysis of leaked financial records and court documents, shows that Mecosta’s account in London, from…

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$322.5m Abacha Loot: Anti-corruption watchdog expresses concern over stoppage of cash disbursement to Nigerians

An anti-corruption watchdog, Africa Network for Environment and Economic Justice, (ANEEJ), has expressed concern over the stoppage of cash disbursement to Nigerians from the repatriated $322.5 million Abacha loot from Switzerland. The ANEEJ Executive Director, and Convener of Civil Society Organisations (CSOs) monitoring the disbursement of the returned asset, Rev. David Ugolor, made the assertion in an issued statement, where he pointed out that the disbursement stopped since June 2021. He called on President Buhari to remember the Memorandum of Understanding (MoU) the Federal Government and Switzerland Government signed at…

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Ireland, Nigeria agree on return of €5.5m Abacha loot

The federal government is set to receive part of late General Sani Abacha loots as Ireland said it has reached an agreement with Nigeria to return the late military leader’s frozen funds. Abacha, who ruled Nigeria between 1993 and 1998, misappropriated and diverted over $1 billion (N383.4billion) loots to different countries across the world. Helen McEntee, Ireland Minister of Justice and Equality, said the memorandum of understanding followed an order recently issued by a court in the European country regarding the funds. The Ireland Criminal Assets Bureau froze the loot…

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