EKO HOT BLOG reports that in a landmark ruling, the Federal High Court in Abuja has ordered the disclosure of how approximately $5 billion of the Abacha loot was spent by the governments of former Nigerian Presidents Olusegun Obasanjo, Umaru Musa Yar’Adua, Goodluck Jonathan, and Muhammadu Buhari. The court also instructed President Bola Tinubu’s … Read more
SERAP and Afenifere have demanded transparency spending of recovered Abacha loot. EKO HOT BLOG reports that the Socio-Economic Rights and Accountability Project (SERAP), and the pan-Yoruba socio-political organisation, Afenifere, has called on the Federal Government to be open and accountable to Nigerians on the recovered Abacha loot. Recall that the US Ambassador to … Read more
FG Has Been Urged To Channel Abacha’s loot To ASUU EKO HOT BLOG reports that Dachung Musa Bagos, a member of the House of Representatives, has urged the Federal Government to use part of the recently returned $23,439,724million Abacha loot to settle the Academic Staff Union of Universities (ASUU). Recall that Nigeria and the … Read more
[JUST IN] US To Repatriate $23m Abacha Loot EKO HOT BLOG reports that Nigeria and the United States government have reached an agreement on the return of over $23 million of the Abacha loot. EDITOR’S PICK APC’s Loss In Osun A Consequence Of Sacrilege Committed Against Bola Ige – Soyinka 2023: Another Amaechi’s … Read more
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The federal government says it will appoint civil society organisation (CSO) to keep tab of the execution of projects that are bankrolled with the $311million Abacha loot repatriated to Nigeria. Recall that Nigeria had recovered the fund stolen during the late military ruler Sani Abacha regime from the United States and the Bailiwick of Jersey. … Read more
Buba Galadima, a former ally of President Muhammadu Buhari and kitchen cabinet member of Sani Abacha, has revealed why the late military dictator, kept his loot in foreign bank accounts. Galadima said Saddam Hussein, the late military ruler of Iraq, and Muammar Gaddafi, deceased supreme ruler of Libya, advised Abacha to save money in foreign … Read more
The federal government on Monday announced that it now had in its custody $311,797,866.11, part of the money siphoned by former military despot, Sani Abacha. The funds, which are parts of the recovery assets of the dictator, were repatriated from the United States and the Bailiwick of Jersey. The federal government disclosed the receipt of … Read more
The British crown dependency of Jersey has held down £211 million (N72,708.,005,227) said to have been laundered from Nigeria by the former Head of State, Late General Sani Abacha. According to the UK Metro, Abacha had stashed the money in accounts held in Jersey by Doraville Properties Corporation, a British Virgin Islands company. According to … Read more