Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,153,149 members, 7,818,450 topics. Date: Sunday, 05 May 2024 at 04:05 PM

Swiss Govt Holds Talks With Nigeria On Repatriation Of Fresh $321m Abacha Loot - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Swiss Govt Holds Talks With Nigeria On Repatriation Of Fresh $321m Abacha Loot (14688 Views)

EFCC To Begin Repatriation Of $200billion Dubai Stash, Receives Looters' List / We Are Working With The Us Government On Repatriation Of Corruption Proceeds- VP / Switzerland Gives Nigeria Conditions For Returning $321m Abacha Loot (2) (3) (4)

(1) (2) (3) (4) (Reply) (Go Down)

Swiss Govt Holds Talks With Nigeria On Repatriation Of Fresh $321m Abacha Loot by Ameboperoo(m): 6:42am On Mar 08, 2016
Representatives of the Swiss government are expected in Nigeria on Tuesday to discuss with their Nigerian counterparts the repatriation of another tranche of huge public funds stolen by late Head of State, Sani Abacha.
The delegation will be led by the Swiss Minister for Foreign Affairs, Didier Burkhalter, who is expected to meet with Vice President Yemi Osinbajo, and the Minister for Foreign Affairs, Geoffrey Onyeama, over the repatriation of the $321million confiscated from the family of late former head of state, Sani Abacha.
An official of the Swiss Embassy in Nigeria, Pascal Holliger, confirmed the visit exclusively to PREMIUM TIMES on Monday.
“Yes, our foreign Minister is on his way to Nigeria on Tuesday,” Mr Holliger said. “He is coming on a working visit to Nigeria. During the visit, he would open the Consular General’s office in Lagos and meet with the Vice President of Nigeria and the Minister of Foreign Affairs to discuss the issue of the repatriation of the second tranche of the Abacha loot,” he said.
But some Swiss and Nigerian civil society groups, who got wind of the impending visit, dispatched a petition to President Muhammadu Buhari, demanding that his government give assurance that the $321million that would be returned to Nigeria by the Swiss government would be put to good use.
Copies of the petition titled “Restitution of Abacha funds: Swiss and Nigerian NGOs demand guarantees,” was sent to the Minister of Finance, Kemi Adeosun, and her foreign affairs counterpart, Geoffrey Onyeama, and the Attorney-General of the Federation and minister justice, Abubakar Malami.
A copy of the petition obtained by PREMIUM TIMES was also sent to the World Bank Vice President for Africa, Makhtar Diop, and the Federal Department for Foreign Affairs Office for International Public Law (DDIP) in Berne, Switzerland.
Signed by representatives of eight civil society groups, the petitioners expressed concerns that the fund could disappear just like the repatriated funds by the government of Liechtenstein in 2014 if government did not take steps to guarantee transparency and accountability.
“Swiss and Nigerian NGOs demand that the authorities of these two countries, together with the World Bank, take all measures necessary to guarantee that these funds be returned in a manner that is transparent and benefits the general population of the country, the people that were initially cheated out of their money,” the petition said.
The groups said their fears followed the confidential agreement reached between the Nigerian government and the Abacha family in 2014, in which the Nigerian government agreed not to prosecute any member of the family in lieu of the returned loot.
The controversial agreement reportedly received the backing of Geneva’s public prosecutor, resulting in the withdrawal of all criminal charges against Mohammed, the eldest son of the late dictator, allegedly implicated in a case of laundering his father’s loot.
“There are fears in civil society, in both Switzerland and Nigeria, that this money could be embezzled once again,” Executive Director, African Network for Environment and Economic Justice, ANEEJ, David Ugolor, told PREMIUM TIMES.
Mr. Ugolor said the petition was sent to the Nigerian and Swiss governments, as well as the World Bank, to demand a guarantee that these funds would actually be used to finance projects that would improve the living conditions of the Nigerian people.
“It is imperative that they be allocated through a transparent process that involves both Swiss and Nigerian NGOs,” Mr. Ugolor said. “The transfers must also be performed in installments and upon the condition that the sums returned in previous installments were used as supposed,” he said.
Under the Goodluck Jonathan administration, Mr. Ugolor said the $235million returned by the Liechtenstein government vanished without trace after government said the money was used to acquire arms to fight the terrorist group, Boko Haram.


Other signatories to the petition included Olivier Longchamp, Berne Declaration (Switzerland); Martin Hilti, Finances and Tax programs coordinator, Transparency International (Switzerland); Adetokunbo Mumuni, Socio-Economic Rights and Accountability Project (Nigeria); Mark Herkenrath, Alliance Sud (Switzerland); Debo Adeniran, Coalition Against Corrupt Leaders (CACOL) (Nigeria); Godwin Uyi Ojo, Environmental Rights Action/Friends of the Earth (Nigeria), and Blair Glencorse, Accountability Lab (UK).


http://www.premiumtimesng.com/news/headlines/199732-exclusive-swiss-govt-to-hold-talks-with-nigeria-on-repatriation-of-fresh-321million-abacha-loot.html

3 Likes 1 Share

Re: Swiss Govt Holds Talks With Nigeria On Repatriation Of Fresh $321m Abacha Loot by mccoy47(m): 6:50am On Mar 08, 2016
And "Mr Intergrity" says Abacha stole nothing!

74 Likes 8 Shares

Re: Swiss Govt Holds Talks With Nigeria On Repatriation Of Fresh $321m Abacha Loot by watered(m): 6:52am On Mar 08, 2016
But come o! This Abacha loot no dey finish? How much the guy loot wey be say for over a decade now dey still dey repatriate the loot?

61 Likes 2 Shares

Re: Swiss Govt Holds Talks With Nigeria On Repatriation Of Fresh $321m Abacha Loot by bonechamberlain(m): 6:52am On Mar 08, 2016
is buhari the person pursuing the loot, cause he said abacha didn't steal.

58 Likes 1 Share

Re: Swiss Govt Holds Talks With Nigeria On Repatriation Of Fresh $321m Abacha Loot by tamonokare: 6:53am On Mar 08, 2016
Pmb will reject the money because Abacha never stole.

46 Likes 2 Shares

Re: Swiss Govt Holds Talks With Nigeria On Repatriation Of Fresh $321m Abacha Loot by Ameboperoo(m): 6:54am On Mar 08, 2016
Ameboperoo:
Representatives of the
Swiss government are
expected in Nigeria on
Tuesday to discuss with
their Nigerian
counterparts on the
repatriation of another
tranche of huge public
funds stolen by late Head
of State, Sani Abacha.
The delegation would be
led by the Swiss Minister
for Foreign Affairs, Didier
Burkhalter, who is
expected to meet with
Vice President Yemi
Osinbajo, and the
Minister for Foreign
Affairs, Geoffrey
Onyeama, over the
repatriation of the
$321million confiscated
from the family of late
former head of state, Sani
Abacha.
An official of the Swiss
Embassy in Nigeria,
Pascal Holliger, confirmed
the visit exclusively to
PREMIUM TIMES on
Monday.
“Yes, our foreign Minister
is on his way to Nigeria
on Tuesday,” Mr Holliger
said. “He is coming on a
working visit to Nigeria.
During the visit, he would
open the Consular
General’s office in Lagos
and meet with the Vice
President of Nigeria and
the Minister of Foreign
Affairs to discuss the issue
of the repatriation of the
second tranche of the
Abacha loot,” he said.
But some Swiss and
Nigerian civil society
groups, who got wind of
the impending visit,
dispatched a petition to
President Muhammadu
Buhari, demanding that
his government give
assurance that the
$321million that would be
returned to Nigeria by the
Swiss government would
be put to good use.
Copies of the petition
titled “Restitution of
Abacha funds: Swiss and
Nigerian NGOs demand
guarantees,” was sent to
the Minister of Finance,
Kemi Adeosun, and her
foreign affairs
counterpart, Geoffrey
Onyeama, and the Attorney-General
of the Federation and minister
justice, Abubakar Malami.
A copy of the petition obtained by
PREMIUM TIMES was also sent to
the World Bank Vice President for
Africa, Makhtar Diop, and the
Federal Department for Foreign
Affairs Office for International
Public Law (DDIP) in Berne,
Switzerland.
Signed by representatives of eight
civil society groups, the petitioners
expressed concerns that the fund
could disappear just like the
repatriated funds by the government
of Liechtenstein in 2914 if
government did not take steps to
guarantee transparency and
accountability.
“Swiss and Nigerian NGOs demand
that the authorities of these two
countries, together with the World
Bank, take all measures necessary to
guarantee that these funds be
returned in a manner that is
transparent and benefits the general
population of the country, the people
that were initially cheated out of
their money,” the petition said.
The groups said their fears followed
the confidential agreement reached
between the Nigerian government
and the Abacha family in 2014, in
which the Nigerian government
agreed not to prosecute any member
of the family in lieu of the returned
loot.
The controversial agreement
reportedly received the backing of
Geneva’s public prosecutor, resulting
in the withdrawal of all criminal
charges against Mohammed, the
eldest son of the late dictator,
allegedly implicated in a case of
laundering his father’s loot.
“There are fears in civil society, in
both Switzerland and Nigeria, that
this money could be embezzled once
again,” Executive Director, African
Network for Environment and
Economic Justice, ANEEJ, David
Ugolor, told PREMIUM TIMES.
Mr. Ugolor said the petition was sent
to the Nigerian and Swiss
governments, as well as the World
Bank, to demand a guarantee that
these funds would actually be used
to finance projects that would
improve the living conditions of the
Nigerian people.
“It is imperative that they be
allocated through a transparent
process that involves both Swiss and
Nigerian NGOs,” Mr. Ugolor said.
“The transfers must also be
performed in installments and upon
the condition that the sums returned
in previous installments were used
as supposed,” he said.
Under the Goodluck Jonathan
administration, Mr. Ugolor said the
$235million returned by the
Liechtenstein government vanished
without trace after government said
the money was used to acquire arms
to fight the terrorist group, Boko
Haram.
Other signatories to the petition
included Olivier Longchamp, Berne
Declaration (Switzerland); Martin
Hilti, Finances and Tax programs
coordinator, Transparency
International (Switzerland);
Adetokunbo Mumuni, Socio-
Economic Rights and Accountability
Project (Nigeria); Mark Herkenrath,
Alliance Sud (Switzerland); Debo
Adeniran, Coalition Against Corrupt
Leaders (CACOL) (Nigeria); Godwin
Uyi Ojo, Environmental Rights
Action/Friends of the Earth
(Nigeria), and Blair Glencorse,
Accountability Lab (UK)
Source : www.premiumtimesng.com/news/headlines/199732-exclusive-swiss-govt-to-hold-talks-with-nigeria-on-repatriation-of-fresh-321million-abacha-loot.html
Lalasticalala, what do you say?
Re: Swiss Govt Holds Talks With Nigeria On Repatriation Of Fresh $321m Abacha Loot by Nature8(m): 6:56am On Mar 08, 2016
Ok
Re: Swiss Govt Holds Talks With Nigeria On Repatriation Of Fresh $321m Abacha Loot by Ameboperoo(m): 6:56am On Mar 08, 2016
tamonokare:
Pmb will reject the money because Abacha never stole.
You're so funny! In these days of scarcity of dollars?

6 Likes

Re: Swiss Govt Holds Talks With Nigeria On Repatriation Of Fresh $321m Abacha Loot by omowolewa: 6:57am On Mar 08, 2016
What I don't know is how Abacha managed the economy even at his high rate of looting dollar was still stable then.
Abacha looot no dey end.

4 Likes

Re: Swiss Govt Holds Talks With Nigeria On Repatriation Of Fresh $321m Abacha Loot by 989900: 6:58am On Mar 08, 2016
We need a counter website to back all this recovery up. #transparency

9 Likes 1 Share

Re: Swiss Govt Holds Talks With Nigeria On Repatriation Of Fresh $321m Abacha Loot by Nobody: 7:06am On Mar 08, 2016
Hmmm, Abacha the investor.

8 Likes

Re: Swiss Govt Holds Talks With Nigeria On Repatriation Of Fresh $321m Abacha Loot by feldido(m): 7:18am On Mar 08, 2016
With this I can confidently say that we have many hidden richest men in the world than Dangote here in Nigeria.




Anyway, I can help the rich spend their money wink
Check my Signature smiley

8 Likes

Re: Swiss Govt Holds Talks With Nigeria On Repatriation Of Fresh $321m Abacha Loot by Blackfire(m): 7:25am On Mar 08, 2016
Abacha never stole *wondering who said that?*.

::::: in another news, if the FG collect back all my papa loot, we won't be poor like dangote.

25 Likes 3 Shares

Re: Swiss Govt Holds Talks With Nigeria On Repatriation Of Fresh $321m Abacha Loot by johnmartus(m): 8:05am On Mar 08, 2016
bonechamberlain:
is buhari the person pursuing the loot, cause he said abacha didn't steal.
that is not what he said dont be twisted after-all abacha is a treasury looter

2 Likes

Re: Swiss Govt Holds Talks With Nigeria On Repatriation Of Fresh $321m Abacha Loot by BaddieKay(f): 8:29am On Mar 08, 2016
$321million?Dasuki is a learner...

11 Likes

Re: Swiss Govt Holds Talks With Nigeria On Repatriation Of Fresh $321m Abacha Loot by loomer: 8:32am On Mar 08, 2016
Where all the loots wey dem don repatriate since na?

2 Likes

Re: Swiss Govt Holds Talks With Nigeria On Repatriation Of Fresh $321m Abacha Loot by Frankiss44(m): 8:35am On Mar 08, 2016
Omo this guy loot fit fund our budget for 12 years oh...

1 Like 1 Share

Re: Swiss Govt Holds Talks With Nigeria On Repatriation Of Fresh $321m Abacha Loot by RareDiamond: 8:39am On Mar 08, 2016
I hope Buhari and his co-travelers manage this funds well.

6 Likes

Re: Swiss Govt Holds Talks With Nigeria On Repatriation Of Fresh $321m Abacha Loot by Lilimax(f): 9:13am On Mar 08, 2016
Looting of Government treasury did not just start today embarassed

But I thank God because they will amass these wealth and still die to leave them.
Of what benefit will it be to them.... Nothing!

1 Like

Re: Swiss Govt Holds Talks With Nigeria On Repatriation Of Fresh $321m Abacha Loot by diasporaman(m): 9:15am On Mar 08, 2016
But this man from Daura cattle village said Abacha stole nothing

45 Likes 4 Shares

Re: Swiss Govt Holds Talks With Nigeria On Repatriation Of Fresh $321m Abacha Loot by drss(m): 9:15am On Mar 08, 2016
abacha is a saint. - buari dullard.

30 Likes 5 Shares

Re: Swiss Govt Holds Talks With Nigeria On Repatriation Of Fresh $321m Abacha Loot by RichYoungNigga: 9:54am On Mar 08, 2016
After how many years ??
Where will they get the money from ??
Joke of the century
Re: Swiss Govt Holds Talks With Nigeria On Repatriation Of Fresh $321m Abacha Loot by Nobody: 9:54am On Mar 08, 2016
watered:
But come o! This Abacha loot no dey finish? How much the guy loot wey be say for over a decade now dey still dey repatriate the loot?

The loot done enrich plenty people, but e never reach me.
Re: Swiss Govt Holds Talks With Nigeria On Repatriation Of Fresh $321m Abacha Loot by moneybag100: 9:55am On Mar 08, 2016
This man wanted to turned money to food before death got to him.
No wonder Mariam Abacha said they can never be poor as Dangote.

7 Likes 1 Share

Re: Swiss Govt Holds Talks With Nigeria On Repatriation Of Fresh $321m Abacha Loot by minasota(f): 9:55am On Mar 08, 2016
Only God knows how much they kept in
different countries and places
Unfortunately, that is the closest family to our
'saint Buhari. Who are they fooling

8 Likes 1 Share

Re: Swiss Govt Holds Talks With Nigeria On Repatriation Of Fresh $321m Abacha Loot by zuby4real10(m): 9:56am On Mar 08, 2016
nawaooo abacha loot no dey finish. How much this man stole sef?
Re: Swiss Govt Holds Talks With Nigeria On Repatriation Of Fresh $321m Abacha Loot by daniska3yaro(m): 9:56am On Mar 08, 2016
omowolewa:
What I don't know is how Abacha managed the economy even at his high rate of looting dollar was still stable then.
Abacha looot no dey end.
Re: Swiss Govt Holds Talks With Nigeria On Repatriation Of Fresh $321m Abacha Loot by Okijajuju1(m): 9:57am On Mar 08, 2016
Abacha My Nigga..


No Wonder his wife said she can never be as poor as Dangote.

Dangote's money is liquid, Abachas money is solid raw cash. cool

5 Likes

Re: Swiss Govt Holds Talks With Nigeria On Repatriation Of Fresh $321m Abacha Loot by Dcaliphate(m): 9:57am On Mar 08, 2016
Nawao, that man really raped Nigeria numb
Re: Swiss Govt Holds Talks With Nigeria On Repatriation Of Fresh $321m Abacha Loot by IYANGBALI: 9:57am On Mar 08, 2016
Abacha government and Jonathan government I no know who rapeeee Nigeria pass

3 Likes

Re: Swiss Govt Holds Talks With Nigeria On Repatriation Of Fresh $321m Abacha Loot by clefstone(m): 9:57am On Mar 08, 2016
Abacha did not steal
-St. Buhari

6 Likes

Re: Swiss Govt Holds Talks With Nigeria On Repatriation Of Fresh $321m Abacha Loot by erico2k2(m): 9:57am On Mar 08, 2016
bonechamberlain:
is buhari the person pursuing the loot, cause he said abacha didn't steal.
Na dem dem

1 Like

(1) (2) (3) (4) (Reply)

Ondo APC Party Secretariat Locked Over Imposition Of Candidates / PDP Chieftains Renew Battle For Chairmanship / Emeka Ihedioha Swears In SSG Uche Onyeagocha And Chris Okewulonu, Chief Of Staff

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 36
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.