Saturday, 6 July 2013

Another 3.2Trillion Of Abachas Loot Recovered.



The family of the one time Head of state ,Gen. Sani Abacha , made comment some time ago ,that the loot of their late General can sustain them in three generations to come. 
The recent discovery of about 3.2 trillion being parts of the billion of dollars illegally reserved in foreign bank account by the late General ,really complement the comments made by the family members. 
A special panel of investigation set by the FG and headed by a retired military officer in the office of the National Security Adviser (NSA)10 months ago to probe into the late Generals loot had discovered a tattling and fresh hidden fund in excess of about $210 billion being trapped in offshore account which has so far exceeded the already $5billion established to have been looted by the late Gen. Sani Abacha. 


The report was confirmed last week at a ministerial briefing by the Attorney General of the Federation and Minister of Justice, Mohammed Bello Adoke who said the Federal Government recently confiscated the sum of £175 million from the Abacha family and associated companies in Liechtenstein, following a confiscation order by the Supreme Court of Liechtenstein just as another sum of £22.5 million was seized through the Royal Court of Jersey from Raj Arjandes Bhojwani, an Indian national and associate of the late head of state.
Meetings between the SIP team and a Switzerland -based lawyer, Enrico Monfrini hired by the Federal Government to assist in the recovery of the Abacha loot in foreign jurisdictions, had led to the latest discovery.
             The pannel of investigation has vowed to do its best in the ongoing effort that has enhanced the recovery of the Generals loot and also will try its best in seeing that the said loot is repatriated back to Nigeria. 

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