Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,156,744 members, 7,831,377 topics. Date: Friday, 17 May 2024 at 05:55 PM

Abacha Loot Is Too Huge For Us To Handle – World Bank - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Abacha Loot Is Too Huge For Us To Handle – World Bank (50278 Views)

$550m Abacha Loot: Fed Govt Set To Clear Hurdles / Deziani Loot Too Huge To Handle...world Bank / Abacha's Loot Is Too Huge For Us To Handle - World Bank (2) (3) (4)

(1) (2) (3) (4) (5) (6) (7) (Reply) (Go Down)

Abacha Loot Is Too Huge For Us To Handle – World Bank by dangotenews: 11:40pm On Oct 27, 2015
The World Bank says it needs additional time to provide comprehensive information on the spending of recovered funds looted by the late Nigerian Head of State, Sani Abacha.

The World Bank told the human rights group seeking information on the loot, which is about seven billion dollars, that for now it is compiling information on the spending.

According to the World Bank “In response to your request, we would like to inform you that we are still considering your request and we will need additional time because the money involved is too huge for us to handle.”

The World Bank said that although it takes just 20 working days to respond to such requests, under special cases it could take much longer time.

The loot stolen by the former military ruler from 1993 to 1998 is estimated to be worth 11.3 billion dollars.

The Socio-Economic Rights and Accountability Project, SERAP, had written to the World Bank demanding information on the spending of the loot recovered from the late military dictator, General Sani Abacha.

The World Bank acknowledged the request and asked for more time to be able to supply comprehensive information on how the recovered Abacha loot was spent.
http://www.channelstv.com/2015/10/27/abacha-loot-world-bank-wants-more-time-to-compile-information/

1 Like 3 Shares

Re: Abacha Loot Is Too Huge For Us To Handle – World Bank by Nobody: 11:44pm On Oct 27, 2015
[b][size=13pt]World bank are corrupt liars.

Abacha never stole Swiss court documents prove that it was never proven the so called Abacha loot was linked to Abacha.

World Bank with the help of their stooge Thief Obasanjo wanted demonise Abacha for patriotically declining their ruinous loans and dictates of devaluing the Naira.

Why is it that it is upto the World Bank to tell us about how "recovered Abacha loot" was utilised?

Do you Know that the average oil price during Abacha's reign was $13 per Barrel ?

Yet Abacha was able to fund PTF and fund infrastructure

Yet Abacha never sold off any oil blocks

Yet Abacha never sold off any national assets (privatisation).

Yet Abacha never devalued our currency and kept it at N22 to $1

Yet Abacha never claimed to be subsiding fuel which he sold at N16 per litre, part of the revenue of which he transparently used to fund the PTF which was used to improve infrastructure; after he raised the fuel price by only N5 per litre to N16 per litre.

Yet Abacha maintained our crippled Nigeria Airways.

Yet Abacha built up and left $8bn more reserves than he met.

Yet Abacha intervened in Sierra Leone and Liberia wars, fulfilling our rightful role as a regional superpower.

Yet Abacha built the National hospital in Abuja.

Yet Abacha built the largest housing estate in Africa

Yet Abacha paid off $9bn of our external debt and also reduced domestic debt.

Yet Abacha funded our Sports ministry sufficiently to enable us to win 2 Olympic gold medals, and AFCON cup.

Thief Obasanjo started hiking fuel prices and called it subsidy removal, without justifying how the revenue realised was utilised.

Thief Obasanjo made $16bn meant for power disappear, yet World bank is not trying to trace Thief Obasanjo's loot.

Why is World Bank not trying to trace the over $300bn estimate to have been looted since Abacha was assassinated by poisoning on the orders of USA who owns the world bank.
[/size][/b]

175 Likes 28 Shares

Re: Abacha Loot Is Too Huge For Us To Handle – World Bank by zuchyblink(m): 11:50pm On Oct 27, 2015
Igbos too like money o!

38 Likes 1 Share

Re: Abacha Loot Is Too Huge For Us To Handle – World Bank by kolakolex: 12:02am On Oct 28, 2015
i just dey imagine, what if abacha was still alive and in power what would have happen to the economy of this country?just thinking aloud

9 Likes

Re: Abacha Loot Is Too Huge For Us To Handle – World Bank by Ciscogod(m): 12:04am On Oct 28, 2015
Abacha loot is what governors loot today.

31 Likes 1 Share

Re: Abacha Loot Is Too Huge For Us To Handle – World Bank by DFemaleBoss(f): 12:07am On Oct 28, 2015
But Buhari told us that Abacha never stole. undecided

237 Likes 15 Shares

Re: Abacha Loot Is Too Huge For Us To Handle – World Bank by chris4gold(m): 12:07am On Oct 28, 2015
Oya send my share den
Re: Abacha Loot Is Too Huge For Us To Handle – World Bank by nasoeb: 12:14am On Oct 28, 2015
Abacha, loot? I tot the shaolin president bu-cheo-hari said abacha wasnt corrupt. So much for mr integrity.

58 Likes

Re: Abacha Loot Is Too Huge For Us To Handle – World Bank by Vicadonis(m): 12:38am On Oct 28, 2015
Just give us back our money. It won't be hard for us to deal with here

5 Likes

Re: Abacha Loot Is Too Huge For Us To Handle – World Bank by appini: 1:44am On Oct 28, 2015
Buhari is a disgrace to humanity.

86 Likes 4 Shares

Re: Abacha Loot Is Too Huge For Us To Handle – World Bank by mandhi(m): 3:23am On Oct 28, 2015
I smell protecting some foreign corrupt financial institutions in Europe.

5 Likes

Re: Abacha Loot Is Too Huge For Us To Handle – World Bank by Opinedecandid(m): 4:29am On Oct 28, 2015
Buhari, are u aware of this or you are merely away from town, reality and substance.

For the interest of the blind, misled and deceived that voted you,


STOP CHASING SHADOWS, and do just one thing, just a thing will turn you human again.

19 Likes 4 Shares

Re: Abacha Loot Is Too Huge For Us To Handle – World Bank by Warlord3000(m): 4:33am On Oct 28, 2015
Gosh
Re: Abacha Loot Is Too Huge For Us To Handle – World Bank by omenka(m): 5:19am On Oct 28, 2015
Which one come be "dangotenews" again??
Smh.

2 Likes

Re: Abacha Loot Is Too Huge For Us To Handle – World Bank by Nobody: 5:31am On Oct 28, 2015
see Buhari godfather....

4 Likes

Re: Abacha Loot Is Too Huge For Us To Handle – World Bank by Nobody: 5:33am On Oct 28, 2015
see Buhari godfather abi na godson or goduncle..... no wonder buhari sef corrupt......... God has a way of removing corrupt regimes in Nigeria, ask OBJ, GEJ, ABACHA, GMB etc .....

7 Likes 1 Share

Re: Abacha Loot Is Too Huge For Us To Handle – World Bank by tsdarkside(m): 6:11am On Oct 28, 2015
make una dont mind this international thieves,when is their money,they count in trillions...but abacha money,they can not count..

mtscheeeewww...they are just looking for ways to keep our money for them selfs......

maybe abacha did they right thing that time to protect our wealth from nigerian polithiefians...at least,we know that our money is by the world-bank...we will get everything back one day with procents,..... cool cool cool cool

3 Likes

Re: Abacha Loot Is Too Huge For Us To Handle – World Bank by Afroconnect: 6:22am On Oct 28, 2015
World bank is a US financial institution,very corrupt people-they are using our money to support their junkies and develop their country.

5 Likes

Re: Abacha Loot Is Too Huge For Us To Handle – World Bank by smsshola(m): 6:45am On Oct 28, 2015
We know but let them return the one they can account for so we use ur to develop our land enough of them using this money in their place while the real owner are suffering.

3 Likes

Re: Abacha Loot Is Too Huge For Us To Handle – World Bank by Nobody: 6:45am On Oct 28, 2015
Missyarner
zuchyblink:
Igbos too like money o!

4 Likes 1 Share

Re: Abacha Loot Is Too Huge For Us To Handle – World Bank by sotall(m): 6:48am On Oct 28, 2015
tell that to Buhari

16 Likes

Re: Abacha Loot Is Too Huge For Us To Handle – World Bank by patrick89(m): 6:49am On Oct 28, 2015
You will never see nortth make noise about Abacha corruption. But they were all over GEJ and Alison.

56 Likes 7 Shares

Re: Abacha Loot Is Too Huge For Us To Handle – World Bank by oluseyiforjesus(m): 7:04am On Oct 28, 2015
Send it back to Us we will handle it, we having a lot to do with money; Unemployment, Electricity, education etc.
Abacha Stole as if Mr Death will never visit him.

3 Likes

Re: Abacha Loot Is Too Huge For Us To Handle – World Bank by joshbouy(m): 7:23am On Oct 28, 2015
chisos shocked
Re: Abacha Loot Is Too Huge For Us To Handle – World Bank by eagleeye2: 7:28am On Oct 28, 2015
Abacha wasn't Corrupt........Mr Integrity.

16 Likes

Re: Abacha Loot Is Too Huge For Us To Handle – World Bank by IAMTHEHERO: 7:31am On Oct 28, 2015
Where is his defense counsel? Buhari (SAN)

19 Likes 1 Share

Re: Abacha Loot Is Too Huge For Us To Handle – World Bank by kingdompropty: 7:36am On Oct 28, 2015
I have learnt never to trust the following people APC, Sai Baba and Unbelievers.

From Abacha never stole to denial of vital party documents to rewarding criminals.

World make make Una solicit the help of Baba to microwave it.

14 Likes 1 Share

Re: Abacha Loot Is Too Huge For Us To Handle – World Bank by Nobody: 8:56am On Oct 28, 2015
World bank,abeg if una de view this topic,make I send my account number?

2 Likes

Re: Abacha Loot Is Too Huge For Us To Handle – World Bank by Lanretoye(m): 9:08am On Oct 28, 2015
world bank or word bank...
if it is coming from world bank,then i guess the loot is too small for them to keep for almost 20years.

2 Likes

Re: Abacha Loot Is Too Huge For Us To Handle – World Bank by Babzrockman: 9:13am On Oct 28, 2015
..... And most Nigerians are here suffering. Over to u God as judgement day nears.
Re: Abacha Loot Is Too Huge For Us To Handle – World Bank by ShowYourCertificate: 9:40am On Oct 29, 2015
I thought Buhari said Abacha never stole our money? lipsrsealed

25 Likes 1 Share

(1) (2) (3) (4) (5) (6) (7) (Reply)

Senate Mace Snatching: Names Of Arrested Suspects Emerge / PDP Wins More Seats In Kaduna State Assembly / NEMA: Lagos explosion not caused by oil pipeline vandalism

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 29
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.