Politics How we spent Abacha’s loot — Okonjo-Iweala

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Minister of Finance and Co-ordinating Minister for the Economy and , Dr. Ngozi Okonjo-Iweala , said yesterday that the $ 500 million recovered Abacha loot was used to develop the nation’s rural areas.

The minister was reacting to an article by Mr. Sonala Olumhense who claimed that $2.5 billion was recovered from the funds looted by the then maximum ruler, Gen. Sani Abacha but that the money disappeared under the minister’s watch.

Click source for more details: Vanguard

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