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March 4, 2020 Federal Government Says The Latest Recovered Abacha’s Loot Has Not Been Sent To Nigeria.

The Federal Government has said that the latest recovered tranche of the funds looted by the late Head of State, Gen. Sani Abacha, has yet to be repatriated to Nigeria.

 

Minister of Justice, Abubakar Malami made this known in a statement in reaction to a claim by the opposition Peoples Democratic Party that the recovered loot had been looted.

 

The minister had on February 4, 2020, on behalf of the Federal Government, signed a tripartite agreement between the United States of America and the Island of New Jersey for the repatriation of $300m of the abacha Loot.

 

But controversy has continued to trail the discovered loot following Bloomberg’s report of a claim by the US that the Federal Government was planning to hand over about $100m out of the money to Governor Abubakar Bagudu of Kebbi State.

 

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