banttieman: As a banking student, I have learnt that Swiss banks are immune from external pressure.
Their duty of secrecy as a banking duty is very strong.

@ OP, when next u steal money, run to Switzerland, its safe. Not ICJ can order its release unless the bank wants to. Gbabe

Either You were/are a terrible student or you need to sue your lecturers.

Swiss Banks offer Secrecy, but not absolute secrecy.
In the event of evidence of money laundry, mis appropriation of Public Fund, Theft, Or even investigation into the above, the Bank will reveal Banking details.

The Swiss bank has returned all Monies belonging to the Late Sani Abacha.
The Swiss bank was used by the Nazi's to Store stolen Paintings, Art work, Gold and other valuables during the war in Europe.
This was a major reason for the Banking policy. Some of those items are still in the Banks.

zzzzzz

Dee60: You cannot take any money to heaven. Surrender your life to the Lord Jesus Christ today. Go to a Bible believing church around you today for more details.

How this take concern the openning post and topic.
My friemd abeg carry ur sermon go meet BH.

@santino1 just google or yahoo it. It is public info.

I know a lot of dirty money can be found in Swiss bank accounts, but please, don't say that Swiss people/bankers are thieves because it's not the case.

fuqua: They don't use names with swiss accounts just numbers.

Yes they dont use names. Just numbers and secret codes

Duke_Nija:

Either You were/are a terrible student or you need to sue your lecturers.

Swiss Banks offer Secrecy, but not absolute secrecy.
In the event of evidence of money laundry, mis appropriation of Public Fund, Theft, Or even investigation into the above, the Bank will reveal Banking details.

The Swiss bank has returned all Monies belonging to the Late Sani Abacha.
The Swiss bank was used by the Nazi's to Store stolen Paintings, Art work, Gold and other valuables during the war in Europe.
This was a major reason for the Banking policy. Some of those items are still in the Banks.

The guy is right. Swiss banking offer absolute secrecy.
Not all the money stolen by Abacha was recovered. Only the traceable ones.

kingphemy:

The guy is right. Swiss banking offer absolute secrecy.
Not all the money stolen by Abacha was recovered. Only the traceable ones.

keep in mind that the process of tracing money and then give it back to the right people can be very long.

as the name implies sweet bank

Stolen wealth is stored secretly = Swiss

reloboy: Simply because it is secured,untraceable and it is know to oneself except you spill it outta ur self

I tink u'l have to trash d untraceable part cos IT IS!

Dee60: Some Africans also store their loots (in dollars and pounds) inside vaults specially built in their houses.

That's dumb. It's best to store loot in electronic form (bank account) for easy transfer.

the most stupidest question ever.

WHY ON EARTH WOULD A THIEF KEEP THERE MONEY IN A (419)NIGERIAN BANK.

toluxa1: But are they not aware that majority of the huge sums people deposit with them are stolen funds? They support this or they just don't care?

The people are about their country interest. It is more like telling criminals to hide in your house for some benefits you will be getting from their loots.

That country is pathetic in a way but the world really enjoys the silly affluence it parades on other countries misfortunes.

kingphemy:

The guy is right. Swiss banking offer absolute secrecy.
Not all the money stolen by Abacha was recovered. Only the traceable ones.

Thanx jawe, dont mind that mu.mu DUKE NIJA. He plagiarises and pastes here. he knows nothing about the banking duties. Why has the ICJ not ordered the swiss bank to refund all Abacha's loot? till today they are still refunding in BITS. I stand to be corrected.

[quote
author=Duke_Nija]

Either You were/are a terrible student or you need to sue your
lecturers.

Swiss Banks offer Secrecy, but not absolute secrecy.
In the event of evidence of money laundry, mis appropriation of Public
Fund, Theft, Or even investigation into the above, the Bank will reveal
Banking details.

The Swiss bank has returned all Monies belonging to the Late Sani
Abacha.
The Swiss bank was used by the Nazi's to Store stolen Paintings, Art
work, Gold and other valuables during the war in Europe.
This was a major reason for the Banking policy. Some of those items are
still in the Banks.[/quote]

You could have politely disagreed with my opinion instead of exuding how you were taught from home. John Grisham is a practising Lawyer and still mentions it in his book titled THE INNOCENT MAN.

Whats my business with storage of bronze, gold etc in the dark age? You really need to read more, Mr Intelligence.

all4naija: The people are about their country interest. It is more like telling criminals to hide in your house for some benefits you will be getting from their loots.

That country is pathetic in a way but the world really enjoys the silly affluence it parades on other countries misfortunes.

Thank you. Your country is also very pathetic in its own way. Your leaders are like a big joke!

miss-sweety86:


Thank you. Your country is also very pathetic in its own way. Your leaders are like a big joke!

Yes, my country is a big joke though. For your information, we all agreed that Nigeria has failed in almost all capacity. Yet, the encouraging attitudes of Swiss financial institution bosses and government for stolen funds are very disturbing to say the least. How could a neutral country as Switzerland be encouraging criminals?

Please, don't forget to answer that question for me.

Thank you!

We are not encouraging anything. In fact, Switzerland has now agreements with several countries regarding disclosing information regarding tax evasion. As for money that might come from suspicious sources, I believe there are some mechanisms to investigate, especially when the assets and bank accounts are frozen. But all these procedures take time.

By the way, why do you incriminate onyl Switzerland and not other places that practise partial secrecy in their banking system?

miss-sweety86:
By the way, why do you incriminate onyl Switzerland and not other places that practise partial secrecy in their banking system?

I am not in anyway trying to pass recriminations or whatsoever at Switzerland just like that.It is clear your country is a haven for stolen money. The absolute truth is that being it a neutral country, that as a reputation, is the most surprising thing to me. Not only that, it is palpable it's home to more than half of the world stolen government funds. That alone put it at the forefront on supporting suffering of the poor citizens of those nations whose money are stacked away in Swiss banks vaults.

We all know if there is no such encouragement or opportunity given to these crooked and corrupt leaders those money could have served their purposes in their various countries of origin. Definitely, Switzerland people and the government have a lot to play in saving many countries from the hand of corrupt leaders.

However, I quite agree with you there are other countries involved and they too are guilty of the crime. Switzerland in a way seems to be the originator of providing haven for looted funds. Yes, other looted fund receiving countries are guilty as Switzerland.

Thank you.

Recall "no place like home"? SWISS IS LIKE HOME TO STOLEN MONEY. There it is kept safe for the thief.

lucenzo: JAMB QUESTION

TYPE C

ogbeni na colour jamb dey use dis days o.dem don upgrade

Symphony007: Along with the countries like the cayman islands, bermuda nad others. Switzerland is a massive secretive, highly skilled tax shelter. And avenue for staching of stolen money. Infact that is one of the major means of revenue of the swiss, that's why they are not in the e.u!! Guys like mitt romney are regular customers.

Mitt Romney is a regular customer but not Susan Rice, not George Zoros, not Bill Richardson, not Chuck Schumer, not Charlie Rangel, not William Jefferson.

You're obviously beyond help.

[quote
author=miss-sweety86]By the way, why do you incriminate onyl
Switzerland and not other places that practise partial secrecy in their
banking system? [/quote]

Swiss banks have absolute secrecy. Forget others. Do u know how many clients they have? each client rakes in at least hundreds of millions of $. so if na u get dat bank, u will want a court injunction to stop u from making money off ur wealthy clients? You would rather keep shut about them. Shikena

learn more about Swiss Banking here http://en.wikipedia.org/wiki/Banking_in_Switzerland

Near or maybe even absolute secrecy.

Abacha never looted

Obasanjo and IBB deliberately claimed that the money returned by Foreign banks belonged to Abacha. The money they claimed to have recovered had nothing to do with Abacha and till this day nobody can account for what happened to that money.

[size=18pt]

Abacha's achievements were said to include:

*The stablisation of the political terrain, after the annulment of the June 12, 1992 elections by General Babangida and the political upheavals that followed it, leading to the exit of General Babangida and the installation and the exit of the interim administration of Chief Ernest Shonekan.

*The stabilisation of the value of the naira and its stoppage from further devaluation (maintained at $1=N22 for his entire era);

*The increase in the country's foreign exchange reserves from $494 million dollars in 1993 to $9.6 billion by the middle of 1997;

*The improvement in the general standard of living of Nigerians during the regime;

*The establishment of the Petroleum Trust Fund and the improvement in the infrastructural services it occasioned;

*The caging of, and the reduction in the influences of the IMF/World Bank in the Nigerian economy, which reached its height during the regime of General Babangida;

*The prudent management of the annual budgets of the Federal Government; the reduction in the external debt of Nigeria from $36 billion in 1993 to $27 billion by 1997;

*Improvement in the salaries and pensions of public servants;

*The unprecedented provision of money for the settlement of internal debts which had been incurred by previous administrations but for which little or no provisions for their settlement had been made until the Abacha's regime.

*Oil prices were as low as $9/barrel , yet Abacha was able to also intervene in two regional conflicts in Sierra Leone and Liberia to play Nigeria's rightful role as a regional superpower.

*All privatisation (selling off of Nigeria's assets) were brought to halt by Abacha by 1995.

*Abacha inherited inflation rate of 54% from IBB in 1993 and had reduced it to 8.5% by 1998

*Abacha's Vision 2010 was submitted to Abacha in September, 1997. The Visioners consisted of 247 elite Nigerians, under the chairmanship of Chief (Dr.) Ernest Shonekan, the preceding head of state to General Abacha. The committee was assisted by 141 technical and secretariat staff, drawn from the Presidency, the Bureau of Public Enterprises (BPE), federal ministries, the National Assembly, the Central Bank of Nigeria, the universities and the private sector. In addition, 29 Facilitators, 24 Resource persons, and 17 consultants, including foreign experts from Asia, Europe and America, participated in the Vision. The 247 members included the country's major emirs, obis, and obas, Christian and Muslim religious leaders, leading industrialists, commercialists, bankers and academicians, many of whom are now very prominent leaders in the ongoing Obasanjo reform administration. In its letter of transmission of the report to Abacha, the Visioners stated that, "The Report is the outcome of 12 plenary meetings, 57 around-the country meetings and workshops, 53 sub-committee meetings, field studies, and, thousands of memoranda from the public, including input from federal ministries, state governments, private sector institutions, Nigerians domiciled out of the country, and some foreigners who have interest in the welfare and livelihood of Nigeria". These foreigners are now called, " Development Partners" in the Obasanjo administration.

The Report proposed both immediate, short-term, medium term, and long-term measures to stimulate and grow the economy of Nigeria. The Committee rightly adumbrated that, "all of us, and not one single segment of the society or a single administration, could be strictly said to be responsible for our problems. The Committee then proceeded to ask, and answer, three questions about the country; viz: "Where we are, and why?" Where do we want to be?" And, "How do we get there", so that by 2010, Nigeria will be a democratic society, committed to making the basic needs of life affordable for everyone and creating Africa's leading economy?"

Now, please ask yourself what would prompt a blind probe of a government that had performed so well, other than pre-planned plot to assassinate his character after his assassination, to deflect attention from the really enemies of the state who had just stolen back power by poisoning Abacha.

https://www.nairaland.com/nigeria?topic=693700.msg8820027

[size=18pt]Please ask yourself what would prompt a blind probe for financial mismanagement of a leader that had performed so well?[/size]

My theory is that IBB and Obasanjo needed to scapegoat Abacha, to deflect attention from IBB and how he ruined the country.

Immediately after Abacha was poisoned I  believe IBB was calling the shots from behind the scenes although Adulsalami Abubakar was the figure head transitional Head of State.

I believe IBB wanted to blame Abacha for Nigeria's problems as he had ambitions of returning eventually to the seat of power (maybe after Obj had served 1 term in office.









[color=#550000][size=21pt]Here is how I believe Obasanjo and IBB made it appear that Abacha had stolen money[/size]

Obasanjo and Babangida hired one of their associates who may have a foreign bank account already, pose as Abacha's associate.
IBB or Obj would have money transferred into their account and then in court they would falsely claim to be a business associate of Abacha and would agree to refund money to Nigerian Government,
However when the case is reported to the press Obasanjo's representatives would say that Abacha and his associates have has agree in court that to refund whatever large amount typically between $20million and about $600million.

For an instance if Abacha's had $0 and the associate had $1.5bn, some press reports would report Abacha and his cronies or associate or family and friends have $1.5bn in foreign accounts.

The reports never breakdown how much of money attributable to Abacha and how much to Obasanjo's hired "associates"









Now consider the following news story which is typical

http://news.bbc.co.uk/1/hi/world/africa/1606565.stm

[size=18pt]18 October, 2001, BBC News   12:45 GMT 13:45 UK
Britain goes after Abacha millions[/size]

The British High Court has given the government the go-ahead to help Nigeria trace more than $1bn allegedly looted by late dictator Sani Abacha.

The decision came after lawyers failed to challenge a Home Office decision to help Nigerian and Swiss officials recover money said to have been traced to London.
The Press Association said the lawyers were acting for Mohammed Abacha, the dictator's son, and Abubakar Bagudu, Abacha's London-based partner.

Nigeria is trying to recover more than $3bn allegedly embezzled during General Abacha's rule which ended with his death in 1998.

Britain was asked last year to help recover the money.

Account freeze

Six months ago, Britain's financial watchdog, the Financial Services Authority, revealed that 23 London banks had handled $1.3bn belonging to family and friends of General Abacha.

Earlier this month, judicial authorities in Britain reportedly ordered some of the world's largest banks to freeze accounts believed to belong to the dictator


[size=20pt]The big evidence I found that proves, my suspicion is that the named "associate" in the above BBC News story, Abubakar Bagudu turns out to be a full member of the PDP esablishment, who has been handsomely rewarded by being selected as PDP Senator for Kebbi 2008.


Ladies and Gentlemen this is the evidence that should indicate that there is a conspiracy to paint to delibrately paint Abacha as a looter.[/size]



http://en.wikipedia.org/wiki/Abubakar_Atiku_Bagudu
[size=18pt]
Abubakar Atiku Bagudu was born on 26 December 1961.[1] Although Bagudu claimed to come from a wealthy family owning millions, in fact his father was formerly the director of Primary Education in Kebbi.[2] He obtained a BSc (Economics), Msc (Economics) and M.A. (International Affairs).[1]

Bagudu became a close friend of Ibrahim and Mohammed Abacha, sons of military ruler Sani Abacha.[3] He and Ibrahim Abacha were involved in a scheme to buy vaccines and resell them to the government at a steep mark-up, earning $66.6 million profit. Later, he helped divert much larger sums of money that had been earmarked for security spending into foreign accounts.[2]

After Abacha died in 1998, the interim military government that followed started an investigation into misuse of state funds. Mohammed Abacha and Abubakar Atiku Bagudu, his business manager, returned $750m. At that time, there were no criminal prosecution.[3] Bagudu moved to the USA in 2000, and in 2003 was detained there for six months on charges of financial misdeeds during the Abacha era. He was released in November 2003 on condition that he repaid about US$300 million to the Federal Government of Nigeria.[4] The administration of President Olusegun Obasanjo apparently made a deal to recover part of the money in return for dropping prosecution and leaving the remainder with the family.[5] Bagudu was Chairman of Phil Nugent Nigeria Ltd. from 2004 until December 2005[/size]

Have you noticed the total absence of reliable video interviews of Abacha's family members?

Nigerians please question everything you hear from our leaders and our corrupt press.





[size=18pt]And the same Bagudu was Chairman of Phil Nugent Nigeria Ltd. from 2004 until December 2005,
A company that went on to be awarded a $1billion contract by the government

http://naijanaz..com/2007/09/prelude-to-fraud.html.[/size]

https://www.nairaland.com/823498/sani-abacha-honest-one-nigerias

[size=18pt]What Thief Obasanjo's PDP stooge said in court in order to falsely and maliciously implicate Abacha of looting:[/size]

Abubakar Bagudu appeared before a judge in Geneva for three days, last year. Here is what he told the court on 30 September, 1999.

''I am Abubakar Bagudu, a Nigerian citizen, born in Gwandu, in the northern part of the country in 1961. I belong to the Hausa tribe, one of the three major ethnic groups in the country. I first had compulsory primary education in Gwandu, then I studied economics in the University of Sokoto from 1979 to 1983. I then went to another university in Jos from 1988 to 1989, where I obtained my degree in economics. I was an assistant lecturer in the University of Sokoto between 1985 and 1989. Between 1983 and 1984, I did my NYSC for one year. From 1989 to 1991, I worked for Nigeria International Bank in Lagos.

I then went to Columbia University in New York from 1992 to 1993 where I obtained a master's degree in International Business.

In 1993 after my master's degree, I worked for six months in the World Bank in Washington. I wish to state that my master's degree was sponsored by the World Bank. In 1993, I came back to Nigeria. I engaged myself in consulting and international trade with my partner Mr. Ibrahim Turaki. We registered a company under the name EPCEL Ltd., Lagos. We represented the French company Pasteur Merieux Connaught. We were importing machinery.

Up till now, we are still in business and I maintain a home in Lagos, even though I now spend most of my time in London.

Mr. Ibrahim Turaki and I have stopped working for EPCEL Ltd., which we sold in 1995. In February 1994, Mr. Ibrahim Sani Abacha, eldest son of former head of state, General Sani Abacha, joined my partner and I to form the company, Morgan Procurement Corporation, Lagos, among others. We were mostly importing vaccines. One of the companies we established is Mecosta Securities Ltd., BVI, in October 1995. We intended to engage in debt recovery and arbitration between creditors and debtors. At the inception of Mecosta Securities Ltd., three of us namely Mr. Ibrahim Abacha, Mr. Mohammed Sani Abacha and myself had equal shares.

Mr. Ibrahim Sani Abacha died in a plane crash in January 1996.

On that occasion, Mr. Mohammed Sani Abacha, his brother, the next in line, took up the late brother's share in Morgan Procurement Corporation. He also took over the shares in Mecosta Securities Ltd. In fact, Mr. Mohammed Sani Abacha and I became equal shareholders in the company (50% - 50%). I have never held political office in Nigeria. However, my family has always been close to power. Members of my family have never held political or public office, with the exception of my father who was a Director of Primary Education in his state, Kebbi State, my state of origin. May I remind you that Nigeria is a federation of 36 states.

Kebbi State shares a border with Benin Republic. Commercially speaking, the state is highly developed because a large quantity of goods transit through it. My elder brother, Bello Bagudu, was elected a member of the federal parliament in February 1999. He is one of the six representing Kebbi State.

Neither myself nor any other member of the extended family has occupied public or political office. As for my business partners, Mr. Ibrahim Turaki was elected governor of Jigawa State in February 1999. Mr. Mohammed Sani Abacha has never held political or public office. However, as I said earlier, he is one of the sons of the former head of state, who died in June 1998.

Talking about money, my family is one of the rich families of Nigeria. I cannot state the exact figures of my family fortune.

I can state that no member of my family needs to work to earn a living. Each member of the family is engaged in managing the family assets. As for me, I do not need to work because I have a personal fortune worth tens of millions of US Dollars, though I cannot quote an exact figure. Moreover, my only wife also has a personal fortune, which comes from her family or gifts. My wife is not a member of the Abacha family, nor does she belong to any of the families that once ruled Nigeria. If I am not mistaking, members of my wife's family occupy no public or political post. I am aware that the judge will ask me about relationship with a few individuals.

General Sani Abacha He was head of state of Nigeria between November, 1993 and June 1998, up till his death at age 57. General Abacha took power under the following circumstances:

Following June 1993 elections organised by former head of state, General Babangida, a civilian president was elected namely Mr. Abiola. The elections were annulled by General Babangida, officially due to electoral malpractices; as a result of the annulment, there were riots and disturbance of public peace in the country; as a remedy, General Babangida decided to establish a transitional government and appointed Ernest Shonekan head of state. He was overthrown by General Sani Abacha. Before being appointed head of state, General Sani Abacha was a career military officer. He was one of the five most powerful military men in the country.

I met General Sani Abacha for the first time in 1979 in his house in Kano, his native town. I was introduced to him at home, by his son, Ibrahim Sani Abacha, but anytime I met him at home, I used to greet him. He knew I was one of the friends of his son and he knew my name. I do not think he knew any other member of my family. After he assumed power, I continued to meet him in the same manner as before. At no time did I have commercial or business links with General Sani Abacha. Our discussions were strictly limited to political exchanges. After the death of Mr. Ibrahim Sani Abacha, I continued visiting the home of the general as in the past, but this time in company of Mr. Mohammed Sani Abacha. At this juncture, the general became aware of my training, asked me a few questions on the economy, but we never had any business relationship.

Mr. Ibrahim Sani Abacha As I said earlier, he was my childhood friend. I knew him when we were very young. It is possible for him to bear Alhaji instead of Mister, which, according to Islamic culture, means that Mr. Ibrahim Sani Abacha has gone on pilgrimage to Mecca.

Therefore his name can also be Alhaji Ibrahim Sani Abacha. It was Mr. Ibrahim Sani Abacha who was my friend. Mr.Mohammed Sani Abacha only came in after the death of Mr. Ibrahim Sani Abacha. Ibrahim and Mohammed Sani Abacha brothers had an international sugar company. Therefore as early as 1985, we had business links without being business partners.

As far back as February 1994, Mr. Ibrahim Sani Abacha and myself became business partners and Morgan Procurement Corporation was established thereafter. Our partnership began under the following circumstances: For several years, even before I went on course to Washington, Mr. Ibrahim Sani Abacha, had proposed that we work together; I had been refusing because before 1993, I did not want to work and, in 1993, my job in Washington took most of my interest and time; I agreed to work with Mr. Ibrahim Sani Abacha in 1994 because the latter had a huge fortune and I had a lot of ideas about how to invest or manage the fortune. At that time, my fortune was much smaller than now. Even then, I did not need to work for a living.

Between February 1994 and today, my fortune has considerably increased and a big portion of it comes from funds deposited by the Central Bank of Nigeria in favour of Mecosta Securities, in the book of Goldmann Sachs, Zurich, in April 1997.

In reply to a question from the investigating judge, I explained that there is no direct link between the rise to power of General Sani Abacha in November 1993 and the fact that I accepted in February 1994 to become the business partner of his eldest son, Mr. Ibrahim Sani Abacha. It was only coincidental. However, it is probable that the fact that my new trading partner is the son of the head of state contributed to a large extent to the expansion of our business.

I am aware that my hearing will last at least a whole day, but I am prepared to go through it. I already have appointments tomorrow, but I can easily come back to Geneva. Meanwhile, I am leaving a copy of a diagram showing the itinerary of funds, the third agreement dated 16 August 1999 signed with Nigeria, as well as the draft law negotiated between the parties and which was to be deposited with High Court of London for authentication''.

http://holysmoke.org/minton/mintonia.htm

[size=21pt]Profile of PDP stooge used to falsely and maliciously implicate Abacha in court of looting:[/size]

SEN.BAGUDU ABUBAKAR ATIKU

www.nairaland.com/attachments/593311_kebbicentral_jpg3e959a11a7a990f35ac54d8ce2bffc5f

Senator, 7th National Assembly (2011-2015)

Date of Birth: 1961-12-28
Marital Status: Married
Political Party: Peoples Democratic Party
State: Kebbi
Senatorial District: Kebbi Central
Date of Assumption: 2011-05-29
Seat Up Date: 2015-05-29
senatecontact@nass.gov.ng
Share Education:
BSc (Economics), Msc (Economics),
M.A. (International Affairs)


Awards & Honours:


Occupation: Legislator

Previous Elected Office:


Legistlative Experience:

http://www.nassnig.org/nass/portfolio/profile.php?id=sen.abubakarbagudu

[size=18pt]Sani Abacha - The Politician[/size]

Few of the late head of state and commander-in-chief of the Nigerian armed forces, General Sani Abacha’s achievements include the construction of the federal House of Representatives complex, Abuja, as a major step taken towards the realisation of a stable and durable democracy in this country.

As the late Head of state and C-in-C of the Armed Force Federal Republic of Nigeria, he brought peace, unity and understanding by applying democratic approach to solve delicate and serious problems capable of not only causing havoc in this country, but could as well lead to the country’s total disintegration, thereby causing bloodshed and total loss of peace and unity.

Late head of state and C-in-C of the Nigerian Armed Forces, General Sani Abacha in his gifted power to stabilize the social, political and economic status of Nigerian, introduced the National Constitutional Conference where the country’s constitution was deliberated and endorsed to favour each and every Nigerian Regardless of ethnic, tribal, religious or sectional affiliation that healed the political sickness that plagued the Nigerian political system and restored sanity in it.

His decision to divide the country in to six zones further paved way to interested Nigerians to feel free and involve themselves fully in Nigerian political arena. Similarly, Nigerians were given the opportunity to form their own political associations, some of which were duly registered by the National Electoral Commission, NECON. It should not be forgotten that foreign observes, who cam to Nigeria to assess the political programme, gave the late Head of state and commander-in-chief of the Nigerian Armed Forces, General Sani Abacha a pass mark and praised him greatly on the issue. On the other hand, for the first time in Nigerian History, the late General Abacha devised means of getting all sections of the country to participate actively in governance the some time, by adopting the six geo-political zones. He nearly completed a successful transition to civil rule programme with the registration of five political parties.

The late head of state and commander-in-chief of the Nigerian Armed Forces, General Abacha also established the federal character Commission, to deal with the imbalance in federal appointments in both the Civil service and the Parastatal and to put to rest the issue the marginalization , which has plagued Nigeria.

He also established the National Reconciliation Committee as a method of settling disputes through dialogue instead of the barrel of the gun. That alone taught the world a lesson in conflict resolution.

The exemplary leader on the other hand, established the devolution of power Committee to reduce the enormous concentration of power at the federal level to the states and local governments, in order to ensure a more stable Nigeria.

The late General Abacha in his effort to address the hardship being encountered by Nigerian workers, instructed for the implementation of the new salary structure so as to facilitate job satisfaction and inculcate in the minds of workers, the feeling of patriotism and dedication to duty.

Further more, the construction of the federal Housing Units in various part of the country, had drastically minimized the acute shortage of accommodation which workers used to face.

In order to answer the call of women believed to form the majority of the population in the country, the late head of sate and commander-in-chief of the Nigerian Armed Forces, General Sani Abacha Created the Ministry for women’s problems. That gave Nigerian woman the chance to participate actively in the country’s social, political and economic activities.

He also gave full moral backing to the family support Programme. (ESP)
Similarly, the family Economic advancement Programme also received funds from the government of the late head of state and Commander-in-chief of the Nigerian Armed Forces, General Sani Abacha in order to make the programme a reality. Individuals who formed various cooperative societies were given loans to boost their small-scale industries; handiwork and petty trading to enable them sustain their respective families.

And in order to reduce the rate of infant morbidity and mortality rate in the country, the government of the late head of state and Commander-in-chief of the Nigerian Armed Forces, General Sani Abacha fully financed the activities of t he National Programme on Immunization (NPI), So as to facilitate the eradication of the six-killer diseases among the children and expectant mother in the country.
This has been described as the first ever health programme to be introduced in Nigeria, Africa and the world at large.

Another unforgettable venture created by the Government of the late Head of sate and Commander-in-chief of the Nigerian Armed Forces General Sani Abacha, is the petroleum (Special) Trust Fund (PTF).
It was a unique initiative.

The first of its kind in Nigeria, Africa and the entire World. The fund’s activities in all the nooks and crannies of this country can be seen and felt. These include the provision of good roads, reliable bridges, and durable hospitals, introduced Drug revolving Scheme in the country and built the international tread Fair complex in kaduna.on the other hand, the Armed Forces and Police PTF also renovated the Barracks, the schools, the houses, the offices and put new Structures where necessary, to make life more conducive in the Barracks. Similarly, water and electricity were also provided in several Barracks for the General welfare of members of the armed forces and the Police. All these projects were aimed at improving the life standard of each and every Nigerian discreetly initiated by the late General Sani Abacha.

Vision 2010 is another milestone created by the Government under the leadership of the late Head of sate and commander-in-chief of the Nigerian Armed Forces, General Sani Abacha. Long-term Plans for the country to make it self-reliant politically and economically have been designed and implemented. These plans have already been in progress so as to transform Nigeria in to a more conducive and developed country. This will also fashion the way forward for Nigeria to join other nations in socio-economic and political advancement

He was also able trough his dynamic and exemplary leadership; reduce the country’s external debt portfolio from $32 b to $26 b.
He was able to revamp Nigeria’s foreign reserve as each and every Nigerian has witnessed.

Having observed how the majority of Nigerians were facing transportation problem, the government of the late general Sani Abacha introduced Federal Mass Assisted Bus service nationwide.
Town service and inter-state service have been offered to commuters at subsidized fares. Millions of people have been benefiting from this project every minute of the day.

The reactivation of the Nigerian Railways is also another breakthrough initiated by the Government of late head of sate and commander-in-chief of the Nigerian Armed Forces, General Sani Abacha. The rail lines were updated and renovated while new coaches were purchased and put into use for the benefit of the masses on the one hand for those who wish to transport their goods to other states at subsidized charges, safety, easily, and cheaply on the other hand.

The Nigeria Ports Authority was also given complete face-lift .Modern equipment and new ships were bought and those broken-down repaired and put in to use. These include the ship bought in Poland in 1994. Similarly, an agreement was reached to train Nigerians how to build and maintain ships of different sizes and models.

And in his effort to find other sources of revenue and the over-dependence on oil be minimized, the late head of sate and Commander-in-chief of the Nigerian Armed Forces, created the Ministry of Solid Mineral Resources with a mandate to explore and, find market for the abundant raw material this country has been blessed with.

Reactivating the Ajaokuta Rolling Mill to the last quarter of completion capacity was enough to earn the late General Sani Abacha Any Worldly Praise, his determination to make Nigeria self-reliant in terms of sourcing its own raw materials through the gigantic project would save a lot of foreign reserve.

Reactivating farm produce, especially cash corps like Cocoa, also received the late General’s blessings. The tremendous encouragement given to farmers to re-introduce the traditional farming system gave them the chance to spend less and gain more on their farms, while the local fertilizer firms in the country were encouraged to produce more as well as sell their products, which enhanced their earnings.

The call for the creation of more local governments and states in the country by some Nigerians who felt either neglected or deprived of their human rights as citizens of this country, was finally answered by the government of late head of sate and Commander-in-chief of the Nigerian Armed Forces, General Sani Abacha, Because he created 183 local government areas and six states in the country and that finally cooled down tempers. Further more, he created the state and urged them to be self –reliant, thus given them no funds as take-off and eventually making their creation much less expensive.

The late head of state and C-in-C of Nigerian Armed Forces, General Sani Abacha, in his effort to contribute his quota in establishing a lasting peace and unity between members of the Nigerian Armed Forces, established the war college and renovated the Barracks and mad them more conducive.
The Sani Abacha Foundation centre, Abuja, as another discovery, which will be vividly seen in the history of this country. The Foundation is meant to foster peace, Unity and cordial relationship between Nigeria and the other countries of the world. Similarly, Sani Abacha Youth centre, Kano, is an institution which offers both Administrative and professional courses to our teeming youths to prepare them to pursue higher courses in our higher institutions of learning so as to attain better positions in various offices or become Self-reliant in due course.

To put Nigeria on a sound economic footing, the late General Sani Abacha created the Nigeria liquefied Natural Gas Limited (NLNG).The project provides basis for commercialization of the extensive gas reserve in Nigeria and is a mechanism for an enormous reduction in the level of gas flaring, realizing a major environmental benefit. It also provides the opportunity for the development of new reserve, both offshore and onshore, with immediate utilization of the associated gas.

Economically, the pigging of the Naira to a Dollar brought sanity to the Nigerian markets and stabilized the prices of essential commodities by completely addressing inflation from a whopping 168% to 6, 3% between 1994 and May, 1998. (Courtesy of world Bank economic Release). The system also created more room for more trade and other business transactions.

The late Head of state and C-in-C of the Nigerian Armed Forces, General Sani Abacha, politely refused to receive the IMF or the World Bank loan.

Another factor created by the late head of state and C-in-C of the Nigerian Armed Forces, General Sani Abacha, which will go down in to the annals of the Nigerian history, is the draining of River Niger, a sole effort initiated and implemented by him. That alone is enough to make him a hero. Once the project is commissioned, the benefit to be derived from it, economically and socially, could hardly be assessed.

The creation of aluminium Smelting plant of Nigeria is another breakthrough, which will go down in to Nigerian history of the benefit of our future generation.

Considering the Socio-Economic and political status of Lagos state, its population the availability of Army Barracks, the Sea Port, the International Airport, having people from all walks of life, the embassies of several countries and being that Lagos was the former capital city of Nigeria, it should be anticipated that such a city must to be protected from anti-social problems (e.g.  The Area Boys/Armed Robberies) and other related crimes which devastated the lives and businesses of the community residing in the city. The Late Head of state and Commander-in-Chief of the Nigerian Armed Forces, General Sani Abacha gave them his blessing because he cam to their aid. He deliberately appointed Colonel Buba Marwa, a suitable, educated and seasoned military officer, who triumphantly restored sanity and created development projects in the state.

As the National Population Commission, the administration of the Late General Sani Abacha was eventful. His unequivocal acceptance of the final tabulations of Census’91 crowned the labour and successes for the Commission to look into the future with a renewed sense of optimism in the otherwise arduous assignment of providing accurate and reliable data for the country.

The re-designing, sustaining and completion of Abuja Phase 11, the Federal Capital of Nigeria, should be seen as another wonderful achievement of the late head of state and C-in-C of the Nigerian Armed Forces, General Sani Abacha.
The full backing of the exploration of oil in Bauchi, Gombe and Borno states should also be seen as a climax of another achievement of the Government of the late General Sani Abacha. The project, besides serving Nigerians at their doorsteps, would as well be another means of the federal government’s revenue drive.

In his bid to save the country from total disintegration and another civil war, the late head of state and Commander-in-Chief of the Nigerian Armed Forces, General Sani Abacha proscribed the countries labour union and replaced them with more reliable bodies. That was the only move capable of saving this nation from an unpredictable chaos. The nation was therefore saved and the purpose was achieved.

The late General Sani Abacha’s modest approach to life made him address’s himself as the Head of state and NOT as the President. He also called his Government the provisional Ruling Council, which he headed. That alone is enough to show that right firm the beginning; he was heading a transitional Government and not a Full-Pledged Government.

The late Head of State and Commander-in-Chief of the Nigerian Armed Forces, General Sani Abacha detribalized Nigeria right from the top to the bottom because he appointed his Military Administrators and assigned them to states not of their origin, so that patriotism would prevail. Records have shown that the initiative has been very successful. This could be seen where Col. Dominique Oneya was assigned to Kano State, Col. Buba Marwa to Lagos State, Commdr. Raji Rasaki to Bouchi, etc; and they performed very well.

The Lat Head of State and Commander-in-Chief of the Nigerian Armed Forces, General Abacha, in his bid to give each and every Nigerian his/her deserved human rights Commission to look in to all the social life of Nigerians with any genuine problem and solve it for them once and for all.

Nigerian are living witnesses about what Gen. Yakubu Gowon was accused of doing in this country. He was accused of being involved in Murtala coup, which made him, go on self-exile. After several years, Northern elders were confronted and urged to forgive and forget and they did, gowon returned home and he is now one of the country’s elders. There was never a time when his people turned their back on him.
On the other Hand, Late General Abacha should have conducted a thorough investigation on the Shonekan led government but he didn’t do it.
So it is not only ridiculous to see how some people furiously attack the families of the late head of state in magazines and newspapers by blackmailing them through character assassination, but also it is unbelievable because this is a man who instituted the federal character commission, the failed bank tribunal, the Economic Intelligence Commission to mention but few, then for God’s sake how could a man with such a vision do anything to deform his principles?

And another mystery is that why didn’t those who accuse the Lat Head of State, C-in-C, the Armed Forces of the Federal Republic of Nigeria, General Sani Abacha of wrongdoing (because they know that he can not cam out now and defend himself) , refuse to pull out of his government? What did their continuous stay in his government means? One single person can not lead a government, can he? So why is it always Abacha! Abacha! Abacha! How clean are the hands of those who accuse him of wrong doing? Think about it.
Likewise, the Late General Abacha’s patriotism and exemplary leadership earned him the seat of the Chairman for ECOWAS for two consecutive terms. He also gave his full support towards the successful implementation of the ECOWAS Travelers’Check.

His love for the peace, progress and development of Africa made him contribute immensely in restoring peace and stability in the war-torn Liberia. Democracy was restored, elections successfully held and the Government of President Charles Tailor cam into power.
Similarly, the democratically elected President Tijjen Kabah took over the mantle of leader ship of the Government of Sierra Leone, through the efforts of the Late Head of State and Commander-in-Chief of the Nigerian Armed Forces, General Sani Abacha. That benevolent effort saved millions of lives of the Sierra Leonean and avoided the destruction of their property. No right thinking person would ever forget this humanitarian gesture.
During the time of the Late General Sani Abacha, As the Head of State and Commander-in-Chief of the Nigerian Armed Forces, diplomatic ties with the neighbouring countries were strengthened while improved communion with Asian countries was carried out.

The Late General Sani Abacha was, during his life time, highly decorated and had earned the following honours:


•Grand Commander of the Niger (GCON)
•Order of the Federal Republic (OFR)
•Defence Service Medal (DSM)
•Nation Service Medal (NSM)
•General Service Medal (GSM)
•Republic Medal (RM)
•Silver Jubilee Medal (SJM)
•Force Service Star (FSS)
•Distinguished  Service Star (DSS)
•Meritorious Service Star (MSS)
•Member, National Institute for policy and Strategic Studies, Kuru, Jos, (min).


Another achievement worth mentioning is that the late General Sani Abacha was the only Officer who followed the systematic rank of the Army from 2nd Lieutenant to the General without skipping any post.
His dedication to duty had earned him the Legion of Merit award in USA in 1991 for his unique contribution to the military, especially his role in restoring democracy in Liberia and Sierra Leone.
In a nutshell, some of the Late Head of State and Commander-in-Chief of the Nigerian Armed Forces, General Sani Abacha’s Achievements during his tenure of office, include the establishment of the :

•Construction of the Federal House of Representatives
•The National Constitutional Conference
•The Petroleum (Special) Trust Fund (PTF)
•Supported and Financed the National Programme on Immunization.(NPI)
•The Federal Character Commission
•The National Electoral Commission of Nigeria
•The Registration of Five Political Parties
•The Zero Party Election
•The State Assembly Election
•The Failed Banks Tribunal
•Revamped Nigerian Foreign Reserve
•Introduced the Federal Mass Assisted Bus Service
•Reactivated the Nigerian Railways
•Revived the Nigerian Ports Authority 
•Established the Ministry for Solid Mineral Resources
•Put New Life to Agriculture
•Reactivated the Ajakuta Steel Rolling Mill
•Established the War College
•Founded the Sani Abacha Foundation
•Established the Nigeria Liquefied Natural Gas Limited
•Pegged the Naira to a Dollar
•Politely refused to Receive the IMF and World Bank Loans
•Fully Backed the dredging of the River Niger
•Fully Supported and Financed Oil exploration in Bauchi
•Gave the National Population Commission Total Banking
•Established the Aluminium Smelting Company
• Initially introduced the new Salary Structure
•Building of the Federal Housing Units Nationwide
•Drastically Reduced the external Debt
•Detribalized Nigeria’s Political System
•Established the Export Processing Zone
•National Deposit Insurance Corporation
•Introduced Value Added Tax (VAT)
•National Reconciliation Committee
•Proscribed the Labour Unions to Save Nigeria From Total Disintegration
•Sanitized and Developed Lagos State through the Appointment of Co. I Buba Marwa
•Transition Implementation Committee
•Liberated the Bakassi Peninsula   
•Fought unnecessary foreign intervention in our Internal Affairs
•Fought foreign dependency syndrome
•Created Six New States and 183 local Government Councils
•Re-activated, Sustained and Financed the Completion of Abuja Phase 11
•Committee on Devolution of Power
•National Economic Intelligence Committee
•Vision 201O
•Ministry of Women Affairs and Social Development
And many more Socio-economic and Political achievements only History will tell and reserve for the country's Future generation.


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