Sunday, 27 December 2015

Jonathan's Govt Lied About Actual Amount Recovered Through Abacha's Loot - Falana



  1. Nigerian prominent lawyer, Femi Falana, has claimed that he had proof that the loot recovered from ex Head of State, Sani Abacha, amounted to $4bn instead of the $2bn reportedly mentioned by the Goodluck Jonathan administration.

    "The Accountant General of the Federation reportedly claimed that they had only recovered $2billion from the Abacha loot. But I have documented evidence that the money recovered from Abacha is about $4billion." he said in an interview published by Vanguard.

    "The Abdulsalami Abubakar junta set up a panel of inquiry and the panel came up with a report that the late General Sani Abacha stole about $5billion from the CBN, but identified about $1billion, largely removed in cash and that government recovered and gazetted it. It is Decree 53 of 1999. President Obasanjo continued with the recovery effort.

    "In the second volume of his book, My Watch, Obasanjo stated, in black and white, that by the time he was leaving office in May 2007, he had recovered $2billion, 100million pounds sterling and, N10billion.

    "Now, when the N446billion theft case was going to be withdrawn against Mr. Mohammed Abacha, the Federal Ministry of Justice issued a statement to justify the withdrawal that this was meant to facilitate the repatriation of looted funds from abroad under the Jonathan administration and we were told that $930million had been recovered and that excluded the $458m that had been seized by the US government.

    "Even now, Madam Ngozi Okonjo-Iweala, following a publication, had now said that in one fell swoop she released $322m to the then NSA and that $700m was expected for development," he said.
     

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