Bubu Galadima has said that the late Head of State, General Sani Abacha didn’t loot the country’s funds, but stashed them in foreign banks to avoid US sanctions.

According to TheNation newspaper, Galadima said, Abacha saved the monies abroad to save the country from an impending US sanction during his administration.

According to him: “I have a completely different idea about what you called Abacha loot. I know as a fact that at that time, Abacha with knowledge of key members of his government, who knew about this money being stacked out, he was rightly advised by some of his colleague presidents around the world.

Saddam Hussein was one of them. Muammar Gaddafi was one of them. They advised him that there was the likelihood that the US could sanction Nigeria and as such he should save money outside that could...

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https://thestreetjournal.org/2020/05/abacha-didnt-loot-the-countrys-funds-galadima/