Nigeria, Jersey, US Sign To Recover $321m Abacha’s Loot
January 30, 2020
6:35 am
abacha
$267m Abacha loot recovered from British Virgin Islands
June 4, 2019
8:43 am
More than $267 million traced to the family of late Nigerian despot General Sani Abacha has been seized from a British Virgin Islands bank and paid into government coffers in an American state of Jersey.
The money was a part of more than $300 million stash the Jersey State government said on its website was “laundered through the US banking system by people including President Abacha’s son Mohammed” during the military regime of General Sani Abacha.
“On Friday 31 May 2019 US$267,751,992.02 was paid into the Civil Asset Recovery Fund,” Jersey State said.
“This fund is managed by the Minister …
APC, PDP fight over ploy to buy votes with Abacha loot
February 12, 2019
2:19 am
The All Progressive Congress (APC) and the Peoples Democratic Party (PDP) in Ekiti State yesterday exchanged verbal invectives over PDP’s allegations that the ruling party reserved recovered loot for vote-buying.
The opposition said the ruling party allegedly perfected plans to use the recovered loot from the late Head of State, Gen. Sani Abacha, to buy votes in the forthcoming polls, use security operatives to rig the elections and use officials of the Independent National Electoral Commission (INEC) to perpetrate electoral fraud.
But the APC denied the claim, describing it as a figment of imagination orchestrated by the enemies of progressive …
