Tag Archives: Sani Abacha

Nigeria To Receive €5.5m Abacha Loot From Ireland

The Nigerian Government and Ireland has signed a memorandum of understanding that will enable the European island return €5.5 million looted by Sani Abacha, under his regime as Head of State. Ireland’s minister of justice and equality, Helen McEntee disclosed the update saying it followed an order recently issued by a court in Ireland regarding the funds. The…

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Fresh £211m Looted By Sani Abacha Discovered and Seized From Bank In Channels Island

Another fresh Money laundered by former Nigerian dictator and army general, Sani Abacha has been seized from a bank in Jersey, Channels Islands by a British court. The money worth £211,000,000 (N82billion) was put into accounts held in Jersey by Doraville Properties Corporation, a British Virgin Island company. Abacha was a Nigerian army officer and…

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Federal Government Recovers $321m Abacha Loot

The Federal Government has signed a memorandum of understanding with Switzerland to recover $321 million stolen by former Head of State General Sani Abacha. The announcement was made on the Federal Government’s official Twitter account @AsoRock. The funds were initially frozen in Luxembourg, after being confiscated by Switzerland as part of criminal proceedings brought by the public prosecutor’s…

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London Evening Standard Reports $1.3 Billion Corruption Deal Involving Ex-Petroleum Minister Dan Etete

Dan Etete UK newspaper – London Evening Standard has reported on a gloomy deal involving former Nigerian petroleum minister petroleum minister, Dan Etete. Here’s what the report says: “Even by Nigerian standards, the alleged siphoning off of $1 billion (£750 million) from a $1.3 billion international investment in a lucrative oil block through “fees” to…

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Switzerland To Return $321M Of Abacha’s Loot To Nigeria

  The Switzerland government has said it would soon return the sum of $321m Abacha loot in Switzerland as part of its commitment towards fighting money laundering and other trans-national crimes in that country. According to Thisday the Swiss Ambassador to Nigeria, Eric Mayoraz, made the disclosure on Friday during the signing of a Memorandum of…

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‘You Always Wanted The Best For Nigeria’ – Abacha’s Daughter, Gumsu Pays Tribute To Him On The 18th Anniversary Of His Death

  On the day Gen. Sani Abacha died, a lot of Nigerians took to the streets to celebrate. Now 18 yearsafter that fateful day, the former Military Head of State’s daughter, Fatima GumsuAbachahas nothing but fond memories of her dad. She took to Instagram to pay him a glowing and touching tribute describing him as…

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“Jonathan Misused & Abused The Opportunity Given To Him” – Obasanjo

  Former Nigerian President, Chief Olusegun Obasanjo has described those asking him to account for the recovered Abacha loot as illiterates and stupid people, explaining that the role of his office was to facilitate the recovery process and not how repatriated funds were expended. The former President, who spoke in an interview with Vanguard over…

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Swiss Government Confirms Return Of $723 Million Abacha Loot To Nigeria Over The Last Decade

  The Swiss government has confirmed that it had so far returned $723 million (roughly calculated to be worth N142.43 billion) of stolen funds seized from the family of the late former head of state, Sani Abacha, to the Nigerian government over the last 10 years. The amount excludes $321million (about N63.24 billion) which the…

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More Abacha, Ibori Loots On The Way – FG

 Sani Abacha  Talk about a gift that never stops giving… During an interactive session with members of the House of Representatives committee on justice, the attorney-general of the federation, Abubakar Malaami disclosed that the federal government is set to  recover an additional $760 million loot of late military dictator, Sani Abacha and ex-governor of Delta…

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