Skip to main content

Posts

Showing posts with the label Abacha Loot

Again FG Recovers N5.5bn Abacha loot

Hmm... only God knows how much late Abacha looted, uptill now money is still been recovered, but where are the previously recovered, the Attorney General of the Federation (AGF) and Minister of Justice, Mohammed Bello  Adoke SAN on Thursday disclosed that the Federal Government has recovered over N5.5 billion  Abacha loot and that negotiation is almost completed to recover another N36.7 billion from two of his associates. Speaking during the 2013 ministerial platform held in Abuja, Adoke said that the Ministry of Justice had maintained an effective liaison and communication with targeted jurisdictions to keep pace with asset recovery proceedings in those jurisdictions. He added that the close liaison and negotiation with the Island of Jersey led to the recovery and repatriation of the sum of UK £22.5 million confiscated by the Royal Court of Jersey from Raj Arjandes Bhojwani, an Indian national and associate of General Sani Abacha, on account of his money laundering transa...