abacha loot

Minister of Finance, Mrs Kemi Adeosun, has refused to approve the payment of $16.9 million fees to two lawyers for the recovery of Abacha loot worth $321 million. Adeosun also wrote a strongly-worded letter to President Muhammadu Buhari, raising objections to the payment. TheCable had reported...

Minister of Finance, Mrs Kemi Adeosun, has refused to approve the payment of $16.9 million fees to two lawyers for the recovery of Abacha loot worth $321 million. Adeosun also wrote a strongly-worded letter to President Muhammadu Buhari, raising objections to the payment. Meanwhile, the...

Enrico Monfrini, a Swiss lawyer hired by the Nigerian government since 1999 to work on recovering Abacha loot, has denied asking for additional fees. His denial came on the heels of a syndicated article in Nigerian media seeking to justify the duplication of Monfrini’s job by Abubakar Malami...

Former Minister of Finance Ngozi Okonjo-Iweala is to explain how about $250million of the $500million recovered from the family of the late Head of State, Gen.Sani Abacha, was withdrawn, The Nation learnt yesterday. The cash was released to the Office of National Security Adviser( ONSA) without...

Two Nigerian lawyers mysteriously appointed by the Attorney-General of the Federation, Abubakar Malami, are set to earn over N6 billion ($17 million) for their assistance in the repatriation of $321 million stolen by former Head of State, Sani Abacha. In an exclusive report by TheCable, AGF...

An Abuja Division of the Federal High Court has adjourned hearing into a suit filed by the Cable Foundation against the Attorney General of the Federation, Abubakar Malami, following the latter’s failure to comply with the provisions of the Freedom of Information, FOI Act. The … Read more...

Court dismisses bank claim to the ownership of Ikoyi flat – EFCC probes how $500m Abacha loot reportedly went missing The Federal High Court in Lagos has ordered the permanent forfeiture of Flat 7B, Osborne Towers, Ikoyi, Lagos to the … via Nigeria News today & Breaking news ▷ Read Nigerian...

Where is $500 million recovered from the late Gen. Sani Abacha’s family? This is the question the Economic and Financial Crimes Commission (EFCC) is battling to answer. The cash was recovered from the family of the late Head of State during ex-President Goodluck Jonathan’s administration. It...

Nigerian and Swiss officials have signed a Memorandum of Understanding for the return of $321m stolen by the former military ruler, Sani Abacha READ MORE HERE

The government of Jersey Island on Tuesday insisted that about $300 million Abacha loot would not be released to Nigeria if a third party representation is brought into the picture. The Attorney General of Jersey Island, Robert J. MacRae QC, stated this on Tuesday during the ongoing 7th Session...

The Presidency has debunked claims by Chairman of the Civil Society Network Against Corruption, Mr. Olanrewaju Suraj that FG would pay Switzerland a $79m commission in order to receive a certain $400m looted by ex Head of State, Gen. Sani Abacha. Read more: $400m Abacha Loot: Buhari to Pay...

Nigeria is at risk of losing possession of a N218bn loot of late Gen. Sani Abacha from the US following troubles with Mr. Godson Nnaka, a lawyer the country 'hired' decades ago to help with the repatriation of the funds. Premium Times reports. One of the issues believed to have been...

The federal government of Nigeria has sent 5 proposals to Switzerland detailing how it will spend the $321m Sani Abacha loot from Switzerland. According to Abubakar Malami, the AGF, the Buhari administration will spend the bulk of the fund on social welfare for Nigerians to alleviate poverty...

The Swiss Government will soon repatriate $321 million looted by the Sani Abacha administration. THE EAGLE ONLINE reports that Switzerland’s ambassador to Nigeria, Eric Mayoraz, disclosed this on the sideline of the signing of a Memorandum of Understanding (MoU) on Mutual Legal Assistance...

Enrico Monfrini, a Swiss attorney hired by Nigeria during the administration of former President Olusegun Obasanjo to track missing Abacha loot in Swiss banks is operating over 178 companies in offshore tax havens, a massive leak of secret documents belonging to offshore shell companies has...

Former President Olusegun Obasanjo has expressed anger against those asking him to account for recovered Abacha loot, describing them as illiterates and stupid people. Obasanjo, who stated this in an interview, weekend, said the role of his office was to facilitate the recovery process and not...

Switzerland has given conditions for repatriating $321m looted fund to Nigeria. The Minister of Foreign Affairs, Geoffery Onyeama said that the government was working on the modalities for the repatriation. Part of the conditions includes but not limited to... - the fund will be used for...