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World Bank Links $58.9 Billion Dollars Loot To Nigerian Leaders, While Citizens - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / World Bank Links $58.9 Billion Dollars Loot To Nigerian Leaders, While Citizens (1035 Views)

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World Bank Links $58.9 Billion Dollars Loot To Nigerian Leaders, While Citizens by danielarem(m): 12:08pm On Jan 07, 2012
The Nigerians on the World Bank list have accounts in Switzerland, London, Germany, and the United States of America (U.S.A).
The World Bank has exposed three former Nigerian leaders, five military chiefs, and 13 top government officials, who allegedly stole about N9.13 trillion ($58.9 billion) in a list released on Monday.
Among them are former Head Of State IBB, a former Chief of General Staff, ex-Defence Minister, two former Chiefs of Army Staff, a one-time Federal Capital Territory (FCT) Minister under a military regime, a former National Security Adviser, and a former CBN governor.
Also on the list are two sons of former Head of State Gen. Sanni Abacha, a Chief Security Officer (CSO) to a former Head of State, two former Ministers of Petroleum, former Finance Minister, former Transport Minister, ex-Special Duties Minister, ex-External Affairs Minister, a former Power and Steel Minister and Chief Olusegun Obasanjo.The list contains details of the loot with the largest lodgement being $24.66 billion (about N4 trillion) belonging to former leader General Ibrahim Babangida, who was said to have developed a desert in Monaco to a small city with Nigeria money as part of his private investment, Build refineries just like Obasanjo did in some African countries and keep fixed deposit which runs in Billions and generate more than a million dollar (155 Million naira)daily as interest for fix deposit. While citizens still swim in abject poverty, not sure of where the next meal will come from, others store up the country’s wealth in foreign bank accounts, saving up for their generations to come. Only God can deliver us from the hands of the greedy and evil ones.
Re: World Bank Links $58.9 Billion Dollars Loot To Nigerian Leaders, While Citizens by VoodooDoll(m): 12:13pm On Jan 07, 2012
Source please, also Monaco has no deserts. Maybe you mean Morocco.
Re: World Bank Links $58.9 Billion Dollars Loot To Nigerian Leaders, While Citizens by efisher(m): 12:20pm On Jan 07, 2012
Abacha never stole but his sons have access to loot stashed away in foreign accounts by some ghost!
Re: World Bank Links $58.9 Billion Dollars Loot To Nigerian Leaders, While Citizens by JUO(m): 12:25pm On Jan 07, 2012
wonder shall never end
Re: World Bank Links $58.9 Billion Dollars Loot To Nigerian Leaders, While Citizens by jamace(m): 12:27pm On Jan 07, 2012
Abacha and IBB have the highest loots. sad
Re: World Bank Links $58.9 Billion Dollars Loot To Nigerian Leaders, While Citizens by Nobody: 12:33pm On Jan 07, 2012
Na today ? These thievies are all in the ruling party.btw,why is jonathan not on the list or he's yet to be initiated into the cult of trillionaires.useless people.
Re: World Bank Links $58.9 Billion Dollars Loot To Nigerian Leaders, While Citizens by efisher(m): 12:34pm On Jan 07, 2012
If only they had invested the loot in Nigeria, we would have been miles ahead of where we are now. Nobody would have been talking about subsidy or power failure.
Re: World Bank Links $58.9 Billion Dollars Loot To Nigerian Leaders, While Citizens by PROUDIGBO(m): 12:39pm On Jan 07, 2012
So where's the link to this report? But it's just to confirm what i already suspected: IBB should be the richest man in Africa, and Dangotes' wealth pales into pathetic insignificance in comparison.

Even if i live to be a million, i can never understand how people can be so greedy, wicked and avaricious to the point of criminally accumulating wealth of such gargantuan proportions while there's so much poverty, disease and illiteracy around them shocked. And to add salt to injury, they take our money and go develop another mans land.

Like a Supertanker, the Nigerian 'Ship' has been going down the wrong route for decades. This has lead to poverty, bitterness and obscene wealth in the hands of a select few. Steering this massive 'Ship' back on the right course is going to take a bit of time and effort, and this needs everyone pulling in the same direction, with a common National philosophy and destiny.
Re: World Bank Links $58.9 Billion Dollars Loot To Nigerian Leaders, While Citizens by efisher(m): 12:45pm On Jan 07, 2012
All the years of looting have now been heaped on one man. Let's see how he will wiggle us all out of this mess in 4 years. He signed up for it but he needs our support.

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