Tag: Late Gen. Sani Abacha

Buying Time: World Bank Pleads More Time To Compile Details Of Abacha’s Loot

By Chris Nomjov Global apex financial body, The World Bank has pleaded for more time to enable it, compile the total loot of deceased former Nigerian Head of State, General Sani Abacha. Such details, when availed, will be furnished to Socio-Economic Rights and Accountability Project, SERAP, and other interested parties,[Read More…]

SERAP Calls On U.S To Check Government Handling Of Abacha’s Loot

By Chris Nomjov Civil society group, the Socio-Economic Rights and Accountability Project (SERAP) has suggested that the U.S. Department of Justice limits the Federal Government’s control or management of $480 million forfeited Abacha funds, through some form of repatriation agreement. SERAP believes such a limitation is necessary to ensure that[Read More…]

Switzerland To Return Alleged $380 Million Abacha Loot

By Chris Nomjov Swiss officials, on Tuesday, stated that they would return about $380 million Nigerian money, stolen and stashed in accounts in Switzerland by late Head of State, Sani Abacha.? The money was confiscated in 2014 after it was transferred to the country from Luxembourg where it had been[Read More…]