₦airaland Forum

"Regarding the tariff for TCN transportation services, it turns out that the sale price for the supply of electricity is significantly increased, estimated at about 70 per cent.This increase is unbearable for Niger as it stands,"

In case you guys are wondering how much Nigeria makes off electricity exports to niger Republic. It's steadly been growing and they want to stop it. They spend more on tobacco imports without crying. If they smoke less they could pay their bills.

2016: N6,474,560,157.81

2017: N8,376,834,776.72

Q1 1,735,201,606.70
Q2 2,247,198,915.00
Q3 2,178,784,379.00
Q4 2,215,649,876.02

2018: N9,745,275,417.55

Q1 2,116,702,104.10
Q2 2,649,707,513.85
Q3 2,599,366,090.10
Q4 2,379,499,709.50

2019: Q1 N2,243,558,858.50

urahara:
A question we need to ask our self is whether the eco is necessary sef ?

It's not needed really. Addressing the other issues to intra africa trade would do more. Nobody is serious about this anyway. People suddenly started caring when France was brought into conversation.

This delay isnt surprising. The only member state to meet the convergence criteria is Benin Republic. The rest have been playing games the past decades. You would think Nigeria would show leadership in this regard but that's not the case. It's only to hold meeting and photo take pictures.

The Nigerian presidency said via social media on Monday that it is calling for a delay in the Eco, the West African single currency that is set to be unveiled this year.

"Nigeria's position on the Eco is that the convergence criteria (between states) have not been met by the majority of countries" which will adopt this common currency, said the Nigerian presidency on its Twitter account.

"There therefore has to be an extension of time on the take-off of the single currency,” according to the tweet.


Nigeria has its own currency, the Naira.

The Eco single currency remains highly controversial, as after more than 25 meetings on the subject, the 15 member countries of the Community of West African States (ECOWAS), an agreement was finalized in December that it would be launched in 2020.

Eight of the 15 ECOWAS countries use the CFA franc, but were looking to cut financial ties to France, their former colonial power. France currently hosts half of these countries’ foreign exchange reserves.

Many were surprised when Cote d’Ivoire’s President Alassane Ouattara made the announcement while meeting with his French counterpart Emmanuel Macron.

Nigeria, a member of ECOWAS, and other Anglophone West African countries said they were not in agreement, as the Eco did not meet the requirements adopted in the region to set up the single currency.

Source: http://www.rfi.fr/en/international/20200210-nigeria-calls-delay-eco-regional-single-currency-launch-presidency

Ok when are you guys xharging him to court? If you guys have enough evidence start the prosecution.

urahara:
Bro is it true Niger republic enjoys constant light ?

I dont know. All I read is most of the population doesn't have access to electricity to begin with. It's less than 20% of the population.

Lol it's funny Niger Republic is dependent on electricity when their major export is uranium. If they were a competent nation they would have nuclear power plants supplying their power needs. Nigeria on the other hand needs the water to sustain the population. It would be an existential threat if were cut for any reason. The electricity is a secondary when there's plenty of natural gas to supply the country.

"So, in exchange for not damming those rivers and preventing them from flowing into the dams, the countries got mandatory supply of electricity from Nigeria," said Mamman.

Niger Republic is already building Kandadji hydroelectric dam. It's strange Nigeria hasnt brought this up during this tarriff discussion. What's the new policy towards them after it's completion. They'll still need power since the dam only generates 130 MW.

Front page: Lalasticlala

By Chineme Okafor

Abuja — Nigeria plans to send cheaper electricity to its West African neighbour, Niger Republic, the Minister of Power, Mr. Sale Mamman, has disclosed.

Mamman, stated this at a recent meeting with the Nigerien Minister of Energy, Mrs. Amina Moumouni, who had complained that the current tariff being charged her country was unbearable.

He had also said Nigeria would always assist her neighbours especially Niger Republic, on power and security.

A statement from his office contained the minister's comments at the meeting with Moumouni.

He explained that he was going to work with the Transmission Company of Nigeria (TCN), through which the country supplies power to the Republic of Niger and other neighbouring countries, to work out modalities and the feasibility of reducing the electricity tariff of Niger Republic.

This, he added will, "alleviate their sufferings."

According to Mamman, the power sale from Nigeria to Niger Republic was based on bilateral agreement on basis of the construction of dams along River Niger.

He noted that some concessions were given to some countries along River Niger for Nigeria to supply them power, adding that these countries are not allowed to construct dams along the waterways to allow Nigeria's hydropower plants to continue to function optimally.

"Some of the rivers that sustain our main source of power supply like the Kainji and Jebba dam, flow from these countries.

"So, in exchange for not damming those rivers and preventing them from flowing into the dams, the countries got mandatory supply of electricity from Nigeria," said Mamman.

Moumouni, according to the statement said they were in Nigeria at the instance of the Nigerien authority to ask Nigeria for a downwards review of the tariff used by Nigeria to sell electricity to her country.

She said: "My present mission in Abuja is based on the exemplary bilateral relations between our two brotherly countries for the supply of electric energy for more than 40 years, following the construction on the Niger River of Kainji and Jebba dams owned by Mainstream Energy Solutions Ltd. (MESL) in Nigeria, where the Nigerien Electricity Company is a shareholder."

"Regarding the tariff for TCN transportation services, it turns out that the sale price for the supply of electricity is significantly increased, estimated at about 70 per cent. This increase is unbearable for Niger as it stands," Moumouni explained while appealing to Nigeria to also help her country tackle insecurity mostly occasioned by the nature of its borders.

https://www.thisdaylive.com/index.php/2020/02/11/nigeria-plan-cheaper-power-tariff-for-niger-republic/

Front page: lalasticlala mynd44

Lol it seems the marriage law was made to check over population aswell. I've already explained why they law wont be sucessful. Nobody seems to have a counter argument. The law wont do much curtail over population. If these girls are still getting married anyway and aren't on birth control the population growth will be similar.

Ganduje interview excerpt:

Do you have specific policies towards girl-child education?

For girl-child education, since we made education to be compulsory from basic to secondary school, you know that we will not allow girls to roam about selling items along the streets and filling stations. All girl-child must be in school and by implication, early marriage is being curtailed because they have to finish secondary school before they get that opportunity (marriage). That also in a way is checking over population which is a big problem in Nigeria.

https://www.sunnewsonline.com/what-ll-end-my-rift-with-emir-sanusi-ganduje/

Lol anytime I see the zebra pattern I can only think of Nigeria. It's good looking intersection. The only thing missing is the street sign by the traffif light.

[s]

GenBuhari:
As you cannot post without throwing insults , I hereby warn you that you a violating NL rule 2 and will report if you continue.

On subject matter.

Where is the break down of all members of this so called Abacha criminal organisation?

Since Abacha or his family members had no previous criminal conviction, how can a fair court of of competent jurisdiction accept their inclusion in list of members of an alleged criminal organisation?

Look Abacha as head of the military government had absolute power abrogated to himself , if he was interested in looting he could do so easily by himself without having to join the alleged criminal organisation just to loot less than $1bn.

[/s]

Your comments are always nonsensical. Be honest once in your life looter qpologist did you even read one link I gave you? The people and parties are mentioned there. You're asking the same questions that have been answered like you're mentally ill. Dont ask redundant questions when its been explained how a criminal Organization are classified under swiss law. Your definition doesn't matter.

Your logic is so backwards. Abacha didn't have absolute power. The fact is he stole stole secretly. Even recently the abacha family was denied their loot by the Nigerian supreme court but you're here asking dumb questions.

The Supreme Court on Friday dismissed an appeal by the family of the late Head of State, General Sani Abacha, who had prayed for an order unfreezing some bank accounts of the late dictator and other members of the family held in the United Kingdom, Switzerland, Jersey, Liechenstein and Luxembourg.

The PUNCH reports that the accounts were frozen in the countries following mutual judicial assistance agreements entered with the countries by the Nigerian government during the administration of the then President, Chief Olusegun Obasanjo, in 1999.

Lol anyone that believes Abacha didnt steal is mentally unsound. The Abacha family is trying to recover their loot but failed. It's foolish to say he's not a theif after this case been proven.

blacknp:
So what are you implying the Government, shouldn't even bother?Mind you VOIP, has a unique address, that can easily be tracked, it is the FBI that will help The Nigerian Government unlock the code.

The same FBI that's yet stop the billions of robocall scams in their own country? Ok cool glad they're on board. VOIP can be tracked like sims but it will do little to nothing curb the crime. Sims should be easier to track than millions of randomly computer generated numbers.

These guys have never heard of VOIP. Honestly these dinosaur legislators sre always a step behind. The criminals will just adapt do their thing.

It's stupid to smoke using that kind of paper. It would burn too fast and you'd be smoking ink. Just use normal rolling paper or cigar like everyone else.

Failed predictions.

[s]

GenBuhari:
How ironic you throwing insults about lack of cognitive ability, you seem to lack the ability to understand that you cannot legally label a person a criminal in a law court until they have been convicted of a crime.

The Abacha family do not own the bank accounts in Switzerland it is simply made up by Obasanjo who also invented the entity "Abacha Criminal Organisation"



You have failed to answer my question what evidence was produced in any court case that proved beyond reasonable doubt that Abacha looted.

[/s]

Your first arguement is wrong under swiss law. You are too idiotic to read information provided to you so you just keep repeating stupid talking points. Accomplices of the criminal Organization were convicted as previously stated. They were a criminal organization because the laudering money as a group.

Lol you're mentally challenged weirdo. The Abacha family did own the sccounts in question. It was proven the Avachas were beneficial owners in court lying looter apologist. Sani Abacha owned 3 out of 130 . If they didn't own the accounts they couldn't have negotiated a deal for the money. Lol you're a mumu for the Abacha's.

Lol how did they earn their money looter apologist? You're avoiding the question with lies. Even the family couldnt explain how a billion dollars ended up Switzerland.

Federal Authorities of the Swiss Confederation, "Out-of-court settlement in the Abacha case - Nigeria to receive more than a billion USD; The countries concerned cooperate in the implementation of the settlement," April 17, 2002.) In 2001, the Abacha family and associates reached an agreement with the Nigerian government to release $1.3 billion frozen in Switzerland, Liechtenstein and Luxembourg in exchange for being able to keep $100 million. According to Attorney Enrico Monfrini (lawyer for Nigeria), "Thanks to the thorough investigation in the Geneva domestic criminal proceedings, the criminal origin of the funds was clearly demonstrated...On 19 August 2004,

The Federal Office of Justice agreed to transmit to Nigeria all the assets in Switzerland beneficially owned by the Abacha family, waiving the condition of a prior judicial forfeiture decision in Nigeria," This decision was upheld for the most part by the Swiss Supreme Court in February 2005. The Abacha family did not "attempt to reverse the presumption by proving that the balance of the attached funds was not of criminal origin."

GenBuhari:
Drop the childish insults or stop educating you.
But where is the evidence the so called criminal organisation committed crimes? You cannot label a party a criminal without first convicting them of a crime . What crimes had this so called criminal organisation been previously convicted of?

what evidence proved Abacha looted or than hearsay?

Im making fair comment about lack of cognitive ability. The definition of what's considered organized crime was provided to you clown. Lol you are a mumu if you still asking for evidence of abacha looting when he was the beneficial owner of the accounts as the courts ruled. You dont even understand what hearsay means.

If you read the documents you'd already know accomplices of the crimal organization confessed and were prosecuted. Read the summary below for more details. Lol all your foolish questions could be answered by simple reading the documents. Cowardly looter apologist stop avoiding my simple question. How did his family earn those millions? I wont answer anymore questions till you explain.

The Geneva Examining Magistrate indicted Mohammed Abacha
and Abubakar Bagudu of fraud, unfaithful management, participation
in a criminal organisation and money laundering, respectively on 26
May 2000 in Lagos and on 26 April 2000 in the Swiss Embassy in
London.

In the course of spring and summer 2000, other accomplices were
indicted, most of whom confessed to their crimes. The Examining
Magistrate issued sentencing orders pronouncing fines of up to CHF 1
million for participation in a criminal organisation and money laundering, and forfeiture orders16 totalling about USD 70 million, which
were allocated to the Federal Republic of Nigeria as victim of the
crimes.17 Those convictions mainly concerned the laundering of the
proceeds of the plundering of the Central Bank of Nigeria through
Swiss bank accounts.

Numerous Letters Rogatory were sent to other jurisdictions in
view of identifying the origin or destination of funds controlled by the
Abacha criminal organisation. In addition, in 2000, the Geneva Examining Magistrate went twice to Nigeria to examine witnesses and collect evidence.

In November 2003, Mr. Daniel Zappelli, who had succeded Bernard Bertossa as Attorney-General of Geneva issued a further sentencing order for forgery, participation in a criminal organisation and
money laundering against an English businessman whose account had
only been reported by his bank in January 2002, and CHF 110 million
was forfeited and allocated to the Federal Republic of Nigeria. The
funds laundered were identified as bribes paid by this businessman and third parties to Mohammed Abacha and Abba Abacha in exchange for inflated public contracts, which required General Sani Abacha’s approval.

GenBuhari:
clearly the Swiss court is nothing short of a kangaroo court.

How can it talk of the criminal organisation commiting criminal activities without the organisation not being convicted of any previous crime?

Wow you are mentally challenged. You keep shifting the goalpost no matter what to defend the looter. Even with multiple verdicts in favor of Nigeria from multiple countries you'll just ask another mumu question. First you lied saying no court said he stole. Now its kangaroo white supremacist court giving Nigeria imaginary money. Lol your paranoid mental ineptitude is baffling.

They're called a criminal organization because they commit crimes as group. They're not on trial for previous crimes. Your question is stupid. Stealing isnt a crime when Abacha and his family does it. If you read link I gave you wouldn't need to ask mumu questions.

Swiss definition of criminal Organization:

Art. 260ter  Criminal organisation

1. Any person who participates in an organisation, the structure and personal composition of which is kept secret and which pursues the objective of committing crimes of violence or securing a financial gain by criminal means, any person who supports such an organisation in its criminal activities,

It's clear common sense and law is hard for you to grasp. Lol keep dodging my question coward. How did Abacha's family earn the money in those accounts?

[s]

GenBuhari:
Still throwing insults?
Are not able to make mature contribution without insults?

Listen all you are posting are opinion of his accusers their sponsors from the same white supremacist nations that imposed sanctions on Abacha's govt.

Finally how can court accept to call an entity criminal if the entity has never been convicted of a crime. Comprehend?

[/s]

Its fair comment reffering to you alooter apologist. Your foolish comments and questions give me reason to doubt your cognitive abilities. This is a link summarizing the case clown. These arent mere accusation because they've already been proven in court.

You screaming white supremacist just tells me you're mentally challenged. The Nigerian government levied the accusations against him and proved their case. Abacha stealing and stashing money overseas is black excellence in your mind. I asked you multiple times how the sons acquired this wealth. You avoided the question.

Yes the courts can call some a criminal during after a criminal complaint has been lodged. Lol your mumu questions are endless. Here's why they labeled them a criminal organisation since you're curious. You'd know if you actually read the file instead of waiting to spoon fed information.

Although there was no precedent in qualifying a head of state, his family and members of government as a criminal organisation, this qualification was essential to the success of the Swiss criminal and mutual assistance proceedings, for two reasons.

Firstly, pursuant to Article 260ter Paragraph 3 of the Swiss Penal Code,11 the Swiss authorities had jurisdiction to investigate and prosecute all members of the Abacha criminal organisation, even if they had not set foot in the country, on the sole basis that the organisation’s
criminal activity had partially taken place in Switzerland.

Secondly, and more importantly, pursuant to Article 59 cipher 3 of the Swiss Penal Code,12 the qualification as a criminal organisation
would result, for the persons who has participated in or supported it, in reversing the burden of the proof, as they would have the onus of proving the lack of connection between the assets subject to confiscation and the criminal organisation, as was confirmed by the Swiss
Supreme Court on 7 February 2005.13

GenBuhari:
What you a presenting can at best be described as mixture of hearsay and circumstantial evidence.

No hard evidence against Abacha himself.

Imagine the desperation of those trying to pin corruption on him that they have to manufacture an entity they named " Abacha Criminal Organisation" to prosecute . Made up of his family and so called associates .

For the court to even accept this contraption called it criminal organisation as legitimate party in the case shows that the court is biased.

This isnt hearsay looter apologist. Lol you're too pathetic. They termed it Abacha criminal organisation because it's easy way to identify the criminals. What they're doing is organized crime so there's nothing wrong with joining them together in the lawsuit. The case has already been proven in court there's no denying he's a thief especially when he owns the accounts in question. Lol this just the swiss case your favorite looter did the same in other countries.

Can you explain how his sons were able to make that much money? Lol you're clearly mumu for Abacha. You spent a decade of your life being his apologist so I can see why it's hard to stop. You've made yourself look idiotic defending this proven theif.

As a consequence, by the end of December 1999, a total of USD 645 million were frozen in Switzerland by the Examining Magistrate, including the USD 80 million frozen by the Federal Office of Police on 13 October 1999. A total of 130 bank accounts in Switzerland were identified as having been used by the Abacha criminal organisation. It should be noted that all accounts that had been identified by the Nigerian police and were specifically designated in the request for mutual assistance had been closed and their assets sent to other jurisdictions before September 1999.

General Abacha was designated as
beneficial owner of only 3 of the 130 accounts used by the Abacha criminal organisation. The designated beneficial owners of the other
accounts were in most cases his sons, and in some cases businessmen who had gained his trust.

GenBuhari:
Pathetic! Throwing childish insults just exposes you are out of your depth in this discussion.

Keep avoiding answering the question.
What evidence was presented to prove Abacha looted?

Im just making fair comments uneducated looter apologist. You didn't know preponderance of evidence determines winners of civil trial uneducated looter apologist. The facts all the accounts are connected him. All the family members and bagmen worked for him proves he stole. All the cases so far all implicated him as common dominator. The indian businessman even got sent to prison for laudering money for the cretin. You really must be mentally inept if you dont understand how organized crime works.

General Sani Abacha directed Ismaïla Gwarzo, his National Security Adviser, to present him with false funding requests for security operations or equipment, which he had the power to authorise. For the most part, the funds were
directly remitted in cash (USD 1,131 million and GBP 413 million) or in travellers’ cheques (USD 50 million and GBP 3.5 million) by the Central Bank of Nigeria to Ismaila Gwarzo, who then had most of the funds taken to General Sani Abacha’s house. From there they were taken by his oldest son, Mohammed Abacha, and laundered through
Nigerian banks or by Nigerian or foreign businessmen to offshore accounts belonging to Mohammed Abacha, Abba Abacha, Abdulkadir
Abacha and Abubakar Bagudu. In a limited number of cases (thirty-six transfers, totalling USD 386 million), the monies were transferred
directly from the Central Bank of Nigeria by wire to bank accounts abroad, held by offshore companies belonging either to members of
the Abacha criminal organisation or to Nigerian or foreign business-men, who then remitted the same sums to members of the organisation. At least USD 1,491 million and GBP 416 million had thus been found by the SIP to have been embezzled by the Abacha criminal
organisation.

Genbuhari even you cant be enough a mumu for Abacha to ignore these facts. Stop being a looter apologist.

VIII. The Swiss decision to return USD 500 million

At the end of 2000, after about one year of international investigations, more than ninety-five per cent of the assets of the Abacha criminal organisation that have now been identified worldwide had already been frozen. The investigations showed that more than twenty
companies had paid bribes at the request of General Abacha and that numerous inflated public contracts had been granted to companies
controlled by the Abacha family. General Abacha was designated as beneficial owner of only 3 of the 130 accounts used by the Abacha
criminal organisation. The designated beneficial owners of the other accounts were in most cases his sons, and in some cases businessmen
who had gained his trust. Since the beginning, General Abacha’s sons have resorted to delaying tactics, without ever providing law enforcement authorities with any explanation as to the origin of their fabulous wealth.

https://www.google.com/url?sa=t&source=web&rct=j&url=http://star.worldbank.org/corruption-cases/sites/corruption-cases/files/documents/arw/Abacha_Switzerland_Monfrini_Art_2008.pdf&ved=2ahUKEwjuiMK3u73nAhVQM6wKHeo_As0QFjAAegQIBBAB&usg=AOvVaw0NxXM5U4c572qA8IqvgjSX

GenBuhari:
Still does not prove beyond reasonable doubt that Abacha looted.
You have failed to say evidence that proved Abacha looted the money.

It's a civil case uneducated looter apologist. Beyond a reason doubt is used in criminal proceedings. The 2010 conviction of the indian and 2013 investigation by the US prove that. I already posted them multiple time read it slowly this time.

GenBuhari:
Audio repatriation, none of money they claimed was repartriaed has ever been traced or appear in national budget, the white supremacist repatriating the phantom funds always dictate what is to happen to it. I don't believe anything has ever been repatriated .

Lol you're calling Buhari a liar? You ptetty mentally challenged if you believe everything a conspiracy. Lol paranoid delusions.

1 January 2004

Jersey Attorney General's Annual Review for 2003: "2003 saw Jersey's long running investigation into Nigerian corruption approach its climax. Working closely with the present Nigerian authorities, the U.S. authorities and countries across Western Europe, Serious Crime Group lawyers played a direct and crucial role in the repatriation of some U.S.$160 million of money embezzled from the people of Nigeria and channelled through Jersey by the [b]late Nigerian dictator Sani Abacha, and his henchmen." (pp. 6-7).[/b]

GenBuhari:
But how does the timeline prove Abacha was a looter. None of the cases convicted Abacha of looting.

But how does the timeline prove Abacha was a looter.None of the cases convicted Abacha of looting.

Interestingly you attachment proved that the Swiss court reversed the burden of proof on whether the money was looted in which case it can repartriate the money to Nigeria without proving Abacha looted.
Also how Abacha is never mention alone it is always Abacha and associates.

Looter apologist stop asking daft questions. Everyone has told you multiple times the government isn't going to convict a deadman. The money laundering opperations weren't carried out by him alone. He had bagman who moved the money for him including his family members. His son's names were on the account. The whole opperation isnt possible without him being involved.

The 2013 case he's a thief but you ignored thst ask mumu questions about Obasanjo. The Indian businessman was imprisoned over being a money laundering for sani Abacha.

Nigeria already proved the money was illegal obtained in 2004. The Courts already declared the money was obviously of criminal origin. Lol even a sycophant explained why his family has that sort of wealth without them stealing it. The family simply had to prove the money was legally acquired which the opted not to do for obvious reasons.

In a [2010]JRC116 judgment of the Royal Court, an Indian businessman convicted on three counts of money laundering was sentenced to six years' imprisonment on each count, to run concurrently, in respect of the dishonest inflation by between 400 and 500% at the behest of General Sani Abacha of contracts for the purchase of motor vehicles sold to Nigeria in 1996 and 1997 for US$184 million, which were in truth worth about US$38 million, the making of false representations in that respect, the obtaining of dishonestly inflated payments for the vehicles out of Nigerian public funds, the dishonest payment of almost US$100 million in bribes from the sale proceeds to Swiss bank accounts connected to General Sani Abacha and other Nigerian public officials involved in the award of the vehicle supply contracts, and the conversion in 2000 of the proceeds of such criminal conduct, about US$40 million, for the purpose of avoiding prosecution when the mediaannounced that the Swiss authorities had launched a money laundering investigation and had identified the Swiss accounts into which the defendant had paid the bribes.

Genbuhari if you're just looter apologist. Its pretty clear you're turn off your brain because of your sycophantic worship of the thieving dictator.

He's the timeline of the cases.

||Switzerland||

14 October 1999

Press release of the Federal Office of Police announcing the freeze of accounts of the former Nigerian head-of-state Sani Abacha, members of his family and other parties following the announcement of an upcoming request for mutual assistance by Nigeria.

21 January 2000

Press release of the Federal Office of Police announcing that Switzerland is granting assistance to Nigeria and has frozen USD 80 million, and that the Geneva investigative magistrate's office has initiated criminal proceedings for money laundering and has frozen USD 645 million.

4 September 2000

The Swiss Federal Banking Commission (SFBC) released its report on the results of its comprehensive investigation into the business relations of 19 Swiss banks (named in the report) with the entourage of Sani Abacha.

7 December 2001

Decision 1A.157/2001 (in French) of the Swiss Federal Courtruling that as any victim of crimes applying to sue for damages in criminal proceedings, the Federal Republic of Nigeria was entitled to have access to the file of the Geneva criminal investigation and to use those documents in furtherance of its claims, notably in support of civil proceedings, requests for mutual assistance and criminal complaints, provided that the Federal Republic of Nigeria formally undertook not to use those documents, directly or indirectly, in criminal, civil or administrative proceedings in Nigeria until the end of the mutual assistance proceeding.

23 April 2003

Decision 1A.49-54/2002 (in French; English translation) of the Swiss Federal Court ruling that the evidence collected in Switzerland could be transmitted to the Nigerian authorities in support of their domestic criminal proceedings.

18 August 2004

Press release of the Federal Office of Justice, announcing its decision to return to Nigeria USD 500 million frozen in Switzerland: “Under the terms of the Swiss International Mutual Legal Assistance Act, assets may be returned on the basis of a legal enforceable seizure order from the applicant state. In exceptional cases – such as where the frozen assets are obviously of criminal origin – assets can be returned without such an order. On the basis of information and documentation from Nigeria and from the criminal proceedings in Geneva, the FOJ was able to follow the paper trail left by the USD 500 million of Abacha funds still frozen in Switzerland.”

7 February 2005

Decision 1A.215/2004 (in French; English translation here) of the Swiss Federal Court ruling that the USD 458 million may be returned to Nigeria as they are obviously of criminal origin. As to the balance of the funds frozen in Switzerland, the Abacha family and their accomplices formed a criminal organization, and the reversal of the burden of the proof of the origin of the assets provided for by Swiss criminal law is also applicable to mutual assistance proceedings. Consequently, all the frozen assets beneficially owned by a member of the criminal organization shall be returned to Nigeria unless the account holders demonstrate that they are not of criminal origin.

||United Kingdom||

8 March 2001

In a press release, the Financial Services Authority (FSA) announced that it had completed its investigation into the handling by banks in the UK of accounts linked to General Sani Abacha: "The FSA investigation identified 42 personal and corporate account relationships linked to Abacha family members and close associates in the UK. These accounts were held at 23 banks which included UK banks and branches of banks from both inside and outside the European Union.In total, turnover on the 42 accounts amounted to US$1.3 billion for the four years between 1996 and 2000". The names of the 23 banks were not disclosed.

18 October 2001

In a [2001] EWHC Admin 787 judgment, the Supreme Court of Judicature, Queen’s Bench Division (Divisional Court) dismissed the applications of Mohammed Sani Abacha and Abubakar Bagudu for judicial review challenging the Secretary of State’s decision to transmit evidence to Switzerland and Nigeria.

||Jersey||

1 January 2004

Jersey Attorney General's Annual Review for 2003: "2003 saw Jersey's long running investigation into Nigerian corruption approach its climax. Working closely with the present Nigerian authorities, the U.S. authorities and countries across Western Europe, Serious Crime Group lawyers played a direct and crucial role in the repatriation of some U.S.$160 million of money embezzled from the people of Nigeria and channelled through Jersey by the late Nigerian dictator Sani Abacha, and his henchmen." (pp. 6-7).

25 June 2010

In a [2010]JRC116 judgment of the Royal Court, an Indian businessman convicted on three counts of money laundering was sentenced to six years' imprisonment on each count, to run concurrently, in respect of the dishonest inflation by between 400 and 500% at the behest of General Sani Abacha of contracts for the purchase of motor vehicles sold to Nigeria in 1996 and 1997 for US$184 million, which were in truth worth about US$38 million, the making of false representations in that respect, the obtaining of dishonestly inflated payments for the vehicles out of Nigerian public funds, the dishonest payment of almost US$100 million in bribes from the sale proceeds to Swiss bank accounts connected to General Sani Abacha and other Nigerian public officials involved in the award of the vehicle supply contracts, and the conversion in 2000 of the proceeds of such criminal conduct, about US$40 million, for the purpose of avoiding prosecution when the mediaannounced that the Swiss authorities had launched a money laundering investigation and had identified the Swiss accounts into which the defendant had paid the bribes.

11 February 2011

In a judgment [2011]JCA034, the Court of Appeal dismissed the appeal of the Indian businessman against his conviction and sentencing.

7 June 2011

The Government of Jersey announced in a press release that the Royal Court made a confiscation order in the sum of £26.5 million against the assets of the Indian businessman and that the Jersey authorities would initiate discussions with the government of Nigeria regarding the repatriation of the confiscated funds.


http://www.icc-ccs.org/home/resources/118-leading-cases/697-abacha-case

GenBuhari:
pathetic!
clearly you are clueless on this issue.

Lol you and Buhari both turn mumu over Abacha. You're talking about Obasanjo when the Abacha loot case filed in 2013 by US Department of Justice shows hes a thief. I guess you cant fix stupid keep worshipping your looter corruption apologist.

Abacha stole alot money and laundered it all over the planet. The swiss case was settled out court. The government was able to prove he was a theif. They simply agree to let his criminal family keep 100 million dollars.

According to the Swiss Ministry of Foreign Affairs, $700 million were returned to Nigeria.

(Source: Swiss Ministry of Foreign Affairs, September 30, 2009; see also, The Federal

Authorities of the Swiss Confederation, "Out-of-court settlement in the Abacha case - Nigeria to receive more than a billion USD; The countries concerned cooperate in the implementation
of the settlement," April 17, 2002.) In 2001, the Abacha family and associates reached an
agreement with the Nigerian government to release $1.3 billion frozen in Switzerland,
Liechtenstein and Luxembourg in exchange for being able to keep $100 million. According to
Attorney Enrico Monfrini (lawyer for Nigeria), "Thanks to the thorough investigation in the
Geneva domestic criminal proceedings, the criminal origin of the funds was clearly
demonstrated...On 19 August 2004, the Federal Office of Justice agreed to transmit to Nigeria
all the assets in Switzerland beneficially owned by the Abacha family, waiving the condition of
a prior judicial forfeiture decision in Nigeria," This decision was upheld for the most part by
the Swiss Supreme Court in February 2005. The Abacha family did not "attempt to reverse
the presumption by proving that the balance of the attached funds was not of criminal origin."

Here's a timeline of the swiss case:
http://www.icc-ccs.org/home/resources/118-leading-cases/697-abacha-case

GenBuhari:
Since you are so acquainted with the court cases, tell me what evidence if any that Obasanjo's govt presented to proof Abacha was a looter.

You're being daft the case wasnt brought by Obasanjo. It was brought by the us with assistance from Nigeria. I gave you the information already looter apologist. You're foolishness on this topic shows why you shouldn't worship men. You're reduced to idiotic questions and inane comments.