Politics Return Abacha's $500 Million Loot, Nigeria asks USA

Vunderkind

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“General Abacha was one of the most notorious kleptocrats in memory, who embezzled billions from the people of Nigeria while millions lived in poverty.”

Despite its inability to adequately explain how the more than $500 million Sani Abacha loot recovered from Swiss authorities was spent, the Federal Government has filed an application at a Washington DC District Court requesting that another $500 million (N75 billion) stolen by the late military dictator, recently frozen by the United States Department of Justice, be repatriated to the country.

In February, the Minister of Finance, Ngozi Okonjo-Iweala, said the money recovered from Switzerland was used for rural development projects but failed to name specific projects the money was used for.

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Source: Premium Times

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