The U.S has taken control of $480million which is
part of money stolen by former military dictator
General Sani Abacha, after a court ruling in D.C on
Wednesday August 6th. The U.S Department of
Justice will now hand over the stolen money to
Nigerian government, U.S government spokesman
said yesterday.
According to court documents, late General Abacha,
his son Mohammed Sani Abacha, their associate
Abubakar Atiku Bagudu and others embezzled,
misappropriated, extorted money from the Nigerian
government and stashed them in various banks
across the world. Continue...
During investigations, $303 million was found in two
bank accounts operated by Abacha and his cronies in
the British offshore center of Jersey while $144
million was also found in 2 bank accounts they
operated in France. Continue...
They also operated three accounts in the UK and
Ireland which had at least $27m. Investigations are
still being carried out on claims to another $148
million in four investment portfolios in the UK.
Prosecutors say they laundered funds by buying
bonds backed by the United States using U.S.
financial institutions including banks such as the
Deutsche Bank AG, HSBC Holding Plc and Banque
SBA.
Assistant Attorney General, Leslie Caldwell said in
the statement “Rather than serve his county, General
Abacha used his public office in Nigeria to loot
millions of dollars, engaging in brazen acts of
kleptocracy".
In June 2014, after a 16 year court battle, Nigeria was
able to recover $228 million stolen by Abacha and
his associates and deposited in Liechtenstein.
SOURCE: lindaikeji..com/2014/08/abacha-loot-us-to-return-480million-to.html?m=1

Wouldn't he have developed just his home state, Kano with this. and I know that this ain't even one tenth of his massive loot *....













..and some guys up there are crying for marginalization while celebrating somebody like this*

Disadvantages of hiding d yam u stole in ur father's house in your friend's father's house.
Abacha dem just carry free meal dash Obama dem household.
There is God oooo

haha, this slowpoke, motherfucker is getting richer everyday.

Wetin we 1 use d money do?
Abeg give am to country wey fit use am do beta tin.

What about the accrued interest (if any) over the years?

Do we get to have it back too?

BlackBaron: What about the accrued interest (if any) over the years?

Do we get to have it back too?

You have a point there...the interest must have accumulated massively! They have to pay up!

Nawao 4 dis African Salad o.

Propaganda!

sensible people should first ask:

What Concerns USA with Abacha Loot?

Why is it only now after 16years that USA is getting involved?

So Abacha "Loot" is the only loot that exists?? - USA cannot locate any of our missing $20 billion.


Truth is you are being deceived and USA are assisting our govt to deceive you into believing that lootin started and ended with Abacha, and the irony is Abacha did not actually loot and I have presented court documents which prove that Abacha has never been proven to have looted the money being referred as "Abacha Loot"