Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,152,426 members, 7,815,961 topics. Date: Thursday, 02 May 2024 at 10:13 PM

Abacha Loot: Al-Mustapha Talks About How Funds Were Taken Out Of Nigeria - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Abacha Loot: Al-Mustapha Talks About How Funds Were Taken Out Of Nigeria (42624 Views)

Hamza Al-Mustapha To Be Named Next NSCDC Boss - Guardian / Abacha Loot: Emirs, Chiefs Consulted When Money Was Kept Overseas - Al-Mustapha / Sowore Gives Account Of How Publicly-raised Campaign Funds Were Spent (2) (3) (4)

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

Abacha Loot: Al-Mustapha Talks About How Funds Were Taken Out Of Nigeria by unmask: 7:39am On Mar 08, 2020
Long but interesting read from an interview with Major Al-Mustapha

Major Hamza Al-Mustapha (retd) was the Chief Security Officer, CSO, to the late Head of State, Gen. Sani Abacha. In this interview, Mustapha speaks on the never ending Abacha loot recovery among other issues surrounding the deceased Nigerian leader.


Many Nigerians feel that the regime of the late Gen. Sani Abacha was notorious for fraud. The looting of the country under the administration, according to revelations, is mind boggling. As his former Chief Security Officer, CSO, what is your story?

I spoke on this subject earlier but, whether alive or dead, the truth remains the truth and the truth should be told. There is no fear in saying the truth. I appeared in numerous functions and I spoke. The first time I was given the opportunity to speak was at Oputa Panel in 2000 and 2001 and when God Almighty granted me freedom I spoke on 2013.


Till date, I have been talking about what I know. For me and for those who really know how the government worked, Gen. Abacha suffered a lot of attacks. The first time I heard the word loot associated with the government was when we were in Kirikiri Prisons. I think it was in December when we were transferred from Ikoyi Prisons to Kirikiri. I saw the word ‘loot’ in the papers even though we hadn’t the opportunity of looking at newspapers properly.

And I saw some security operatives coming to discuss with Mohammed Abacha (Gen Abacha’s son) in that respect. Nobody throughout my stay with the Head of State had any transactions with me, nobody gave me money. I was operating within what was in my own office to protect the government. Now, there was an issue I talked about in 2016 in Lagos concerning Abacha loot.


What I know is that there was a time sanctions were imposed on Nigeria by the UK, US and two other countries and that was at the behest of some senior Nigerians who believed that they must fight Gen Abacha.

But to counter the sanctions, then-Head of State requested to talk with stakeholders from across Nigeria, North and South, and there was a discussion on the sanctions and the threat against the country; the meeting held in Abuja but outside the Villa because of the size of the people in attendance that was bigger than the size of the Conference Hall inside the Presidency.


The agreement at that meeting was to take funds outside into the hands of people in the private sector so that the nation could still import and export to, at least, beat the sanctions. That I know of. Any other thing outside that I really do not know, nobody consulted me.

I had nothing to do with money and that is why I said in that interview in 2016 that I was embarrassed to hear the word loot because I know how prudent the late Gen. Abacha was and I know that when the government came to power, there was nothing left in the foreign reserves. Government had less than 200 million dollars in the reserves meaning that the administration was to start afresh and people didn’t know that. He had to scavenge to run the country and build the foreign reserves to nine billion, seven hundred and thirty two dollars as of June 1998 when he died. People didn’t know but I know.


At Oputa Panel, I asked questions, the monies that were transferred into numerous accounts outside Nigeria, in whose accounts were these monies and in whose companies’ names? When were the monies taken out? Was it during General Abacha’s tenure as Head of State or when he was Minister of Defence? Nigerians need to know how much monies were in such banks and in whose accounts were they lodged? What was the agreement between the account holders and Gen. Abacha? Were the monies for Abacha or for Nigeria? Basic questions as to how monies were moved outside Nigeria must be asked and the countries in whose banks such monies were kept also have reports; what were the reports at the time of deposit? Which year?


Which time and what was the reason given for the deposit?
The unfortunate thing for Gen. Abacha was the fact that he was succeeded by two governments where personalities in them fought him and hated him to death. And I asked both governments that “if you want to investigate Abacha government, start with me”. There was nothing they didn’t do. They brought INTERPOL. They had all sorts of investigations and I challenged them they were paying me salary in Bank of the North and that they should look out for any account of mine whether in Nigeria or abroad and see what was there; if there was anything that I had taken outside what I was supposed to earn as salary, I should be exposed and prosecuted. For the 4 years 7 months of the Abacha regime, oil price remained at $8 or $9 per barrel. And General Abacha never took any loan. So the country was scavenging to survive. And from 200 million dollars in the foreign reserves, it went up to nine billion.

If he was alive, do you think so much would have been said about this loot?
If the monies recovered were associated to looting, Abacha stole nothing compared to what we are seeing. What many people don’t know genuinely is how much Nigeria is earning monthly not only from oil sector but also from every other sector of the economy. And the price of oil shot up. But there was nothing left. And you can say looting but, to me, it is all being said because he is dead. If there is true investigation, I am sure the story would be different. I know of a particular government after he died that was giving people the condition that they should abuse or condemn Abacha as a looter to get appointment. If you accept, you will become a minister or be given a parastatal to head.

But some countries have also attested to the fact that they received some loot and they tied it to Abacha. We have heard government saying monies were stashed in Switzerland among other countries.
The questions I raised earlier on every of the accounts traced, were they answered? If they are answered to the satisfaction of the laws of those countries and those of Nigeria, then you would be able to know the truth. Were the monies taken from the Central Bank? What was the reason for moving the monies?

Earlier you talked about some individuals who were invited…
I said individuals, stakeholders were invited and there was a large meeting and it was in that meeting where this decision was taken. And it was in prison that I first heard about loot, that was when the word ‘loot’ was mentioned to me and I said I was embarrassed.

Were funds given out at the time to those individuals invited for the meeting?
How can money be given there? You mean cash?

Yes.
If money moved, I haven’t seen that and if there was movement of cash physically there, everybody would have seen it. Elders from the North, elders from the South, some people from the traditional institution and some people from Manufacturers Association of Nigeria and many other stakeholders including ministers were there, members of the Provisional Ruling Council were there. The question is why are they not being asked questions? So many people are afraid to talk not because they don’t know the truth. The man Abacha suffered propaganda which affected some of us with numerous attempts on our lives just to shut some people up.

If you are asked today, did Abacha loot Nigeria’s money, would you say yes or no?
You cannot speak on what you do not know. All I know is that Abacha suffered propaganda and games of hate. He did so much in rescuing this country and helping the country but I would never speak on what I do not know. There are rumours that, to me, remain rumours and, when I see facts, I say them the way I see them and, if you see the way I testified at Oputa Panel, it tells you my character. You can threaten my life with ABCD, but, I tell you, numerous lies in high places were cooked and sponsored against General Abacha and were sustained with so much money. Nigerians were talking about $16 billion power money, right? Why was the matter covered? The whole of the Abacha loot that they are talking about was how much? But in one single incident, there was $16 billion and the whole country is defrauded and nobody can talk and I tell you it is much more than that. And a top government official was shot and that was because of that money.
https://www.vanguardngr.com/2020/03/revelations-on-abacha-loot-how-funds-were-taken-out-of-nigeria-al-mustapha-2/

9 Likes 4 Shares

Re: Abacha Loot: Al-Mustapha Talks About How Funds Were Taken Out Of Nigeria by Freestyl(m): 7:41am On Mar 08, 2020
This means that the governments of Abdulsalami and Obasanjo looted more...

68 Likes 6 Shares

Re: Abacha Loot: Al-Mustapha Talks About How Funds Were Taken Out Of Nigeria by Nobody: 7:42am On Mar 08, 2020
There is a ruling in Islam that its members are not supposed to keep money in banks.

I'm so sure abacha swore to uphold this oat as a true Muslim that is why the grand commander of jihadist Islamic Fulani affairs today denies any evidence of the money

16 Likes 2 Shares

Re: Abacha Loot: Al-Mustapha Talks About How Funds Were Taken Out Of Nigeria by Perfecttouchade: 7:42am On Mar 08, 2020
I never finish reading my Bible, na dis long thing I wan read dis early mormor..ok, we all know sey abacha loot and the money plenty wey everybody dey eye the Money

19 Likes 1 Share

Re: Abacha Loot: Al-Mustapha Talks About How Funds Were Taken Out Of Nigeria by bluebay(m): 7:44am On Mar 08, 2020
We are not interested in how fund leave the country, so far the economy was still okay then. All we wanna know is how the recovered money is spent and how can we get our share.

42 Likes 4 Shares

Re: Abacha Loot: Al-Mustapha Talks About How Funds Were Taken Out Of Nigeria by moscobabs(m): 8:01am On Mar 08, 2020
Al-Mustapha know more and I believe him, if this guy should talk, Nigeria would be on fire. But believe me, the money stole in this country in 1999-2007 is far more than this Abacha loot.

If dead could defend himself

92 Likes 5 Shares

Re: Abacha Loot: Al-Mustapha Talks About How Funds Were Taken Out Of Nigeria by Witcher(f): 8:01am On Mar 08, 2020
Gen. Sani Abacha Was Largely Misunderstood
The painful death of Gen Sani Abacha, Nigeria’s former head of state and Commander-in-Chief of the Armed Forces. Ordinarily, twenty-one years is a long enough period for the living to forget the dead. But a lot of sentiments still trail Gen. Abacha’s name both in Nigeria and elsewhere. Why is it so? It is because the man had the infectious grin, the energy, the faithfulness, the shining confidence, the sagacity, the courage and the zest that leaped out of a background of solid patriotism hitherto unknown and yet to be rivaled in Nigeria. Therefore, to remember him now, twenty-one years after his untimely death, with the image of a living man in our hands, shows that Abacha is larger than life, in the memories, emotions, and minds of his fellow Nigerians. After death, the real Abacha is now the symbolic man, the figure about who have clustered the yearnings, the lofty ideals and the aspirations Nigerians have for themselves and their country.

Having worked himself up the hallowed cadre of the Nigerian ruling class as Head of State, Abacha, in his passion, concern and vulnerability, was one of the representative men of his generation. His personal quest for identity, understanding and power mirrored the turbulence, paradox and dream of mid-twentieth century Nigeria. He lived through a time of unusual turbulence in the history of the country, and he responded to that turbulence more directly and more sensitively than any other political leader of the era, at least in Africa. Gen. Abacha was equipped with certitudes of courage, faith and love for country- attributes that sustained him till death. But they were the premises, not the conclusions of his life. For he possessed, to an exceptional degree, what literary experts call “an experiencing nature”. History changed him, and had time permitted, he would have changed history. His relationship to his era makes him, unarguably, one who embodies the consciousness of an epoch, who perceives things in fresh light and new connections, who exhibits unsuspected possibilities of purpose and action to his contemporaries.

Indeed, Gen. Abacha never had the time to fulfill his own possibilities, which is why his memory haunts so many of us now. Because he wanted to get things done; because he was often impatient and combative; because he felt simply and cared deeply, he made his share of mistakes, and enemies. He was a romantic and also an idealist, and he was also prudent, expedient, demanding, fearless and ambitious. Yet the insights he brought to governance- insights earned in a labour of self-discipline and self-purgation that only death could stop- led him to see power not as an end in itself but as the means of redeeming the powerless. Abacha was to Nigeria what Charles de Gaule was to France: a man with military background but, who, ironically, brought uncommon composure and dignity to statecraft. This is not to say that military personnel possess exceptional leadership qualities. Far from it! Those ones only worked up themselves to become the tribunes of their generations. It only brings us to the incontrovertible fact that democracy is still preferred to the most benevolent military dictatorship anywhere, anytime. Abacha was indeed a diamond among stones. But because he was maligned and castigated by a section (Lagos/Ibadan axis) of the Nigerian Press due largely to political considerations, he became the most misunderstood of Nigerian leaders.

In fact, the emotional legacy left by Gen. Abacha is so intense in Nigeria, but it is yet deeper and even more fervent in the entire West African sub-region. This point is important and thus could be made with an antidote: since a man is not measured by what he did before he became a leader, or by what he said and did after he was a leader, but by what he did, and not by what he said while he was a leader, we can now comprehend the passionate veneration of Gen. Abacha’s memory. Today, we seek a sense of the man in order to understand the deep emotional response to the memory of the man. We know what happened and we cannot undo that knowledge. Even as his immediate friends and successors started destroying what he stood for soon after his painful exit, we cannot but get the record straight. But the meaning of that straightened record is inextricably involved in the meaning we also try each day to discern in the confusion of the living present. It is a tragic reality that those who thought to have upheld his enviable legacies have demonstrated a grand betrayal of what the man stood and died for. Could Abacha have built mansions, bought limousines, owned oil wells and own universities while in power? The answer to this poser is a loud NO!

The conditions of misery and inequality that troubled Abacha still persist among Nigerians while people in power remain untroubled. Despite his extremely emotional bent, Abacha’s youthful vigour and impressive grasp of the black man’s burden won for him national and international acclaim. His administration which lasted for about five (5) years was most memorable, leaving a 36-state structure for the country and achieving a leadership for Nigeria in Africa through a decisive foreign policy thrust that was basically Afrocentric, and a clearly defined anti-corruption war. Perhaps, the most concrete demonstration of this was his mobilisation of West African leadership to restore order in Liberia and Sierra Leone. Under his watch, Nigerian soldiers restored democracy to those West African countries. In 1996, Gen Abacha created a number of new states to give some marginalised people a sense of belonging: Bayelsa, Ebonyi, Ekiti, Gombe, Nasarawa and Zamfara.

An expression of his unrelenting crusade against corruption was accentuated in the setting up of the Anti-Failed Banks Tribunal and the National Deposit Insurance Corporation of Nigeria (NDIC). Even though his actions had some unintended consequences, his anti-corruption campaign was not merely cosmetic. It was on the basis of the depth and spread of his anti-corruption campaign that analysts had a unanimous position that his attempt at sanitising the system was total. But not for his mature and courageous handling of the June 12, 1993 Presidential Election crisis, Nigeria would have relapsed into another civil war. Despite the Afrocentricism of Nigeria’s foreign policy thrust under Gen. Abacha, Nigeria was not a big brother without a home, her impact was deeply felt in all the four corners of Africa. When Cameroon tried to annex part of the Nigerian territory in 1995, Abacha sent Nigerian troops to check that country’s egocentric maneuvering. Under him, the Nigerian economy was most stable throughout his years in power despite being branded a pariah state as a result of international conspiracy against Nigeria. Throughout Gen. Abacha’s five years in the saddle, Nigeria did not owe any external debt.



What people now mischievously refer to as “the Abacha loot” was the money the country kept in foreign banks deliberately to ward off the plot by the foreign powers to block our foreign reserve. This shows that Gen. Abacha was ahead of his time. He was a very trust-worthy man who never disappointed his friends. His composite love for Nigerians was legendary. Of all the military men who ruled Nigeria from 1976 to 1999, after the assassination of Gen. Murtala Muhammed: Olusegun Obasanjo, Muhammadu Buhari, Ibrahim Babangida, Sani Abacha, and Abdulsallami Abubakar, Abacha was the best in terms of managing the economy for the good of all Nigerians. His economic team led by Prof. Sam Aloku, Dr. Kalu Idika Kalu, Dr. Paul Ogwuma, and Chief Anthony Ani, remains the best till date.

Can there be any wonder, therefore, that Nigerians in their millions cannot fail to contemplate the shrew, practical, resourceful and often irritatingly dynamic leadership qualities of their only leader who came close to possessing the ennobling ethos of a national hero? It can be said emphatically that Nigerians can appreciate good things and love to celebrate a hero when they see one. The Nigerian intelligentsia including scholars, students in Nigeria and the world over still celebrate him. Which is why twenty one years after his untimely death, memories of Abacha’s pragmatic leadership still linger in their consciousness. It is as a result of the scarcity of men of Abacha’s latent qualities in leadership positions that Nigerians are yearning for him twenty one years after. But a time will surely come again when the most endowed nation in Africa will overcome its indifference to the degradation of its citizens. Only then can Gen. Abacha’s tall legacies be seen to have exemplary values.

76 Likes 8 Shares

Re: Abacha Loot: Al-Mustapha Talks About How Funds Were Taken Out Of Nigeria by Shila16: 8:02am On Mar 08, 2020
God help us

1 Like

Re: Abacha Loot: Al-Mustapha Talks About How Funds Were Taken Out Of Nigeria by Slawormir: 8:02am On Mar 08, 2020
Damnnnnn niggarrr

Nice article
Re: Abacha Loot: Al-Mustapha Talks About How Funds Were Taken Out Of Nigeria by Thde: 8:02am On Mar 08, 2020
Re: Abacha Loot: Al-Mustapha Talks About How Funds Were Taken Out Of Nigeria by toix888: 8:02am On Mar 08, 2020
Na wa o
Al-Mustapha knows alot, no doubt.

One interesting thing about Abacha was that he never took any loan unlike these Gov'ts running to every country for loans. The military govts borrowed less and were able to complete projects without any delay.
It's sad that this govt keeps borrowing without any physical or economical evidence.

22 Likes 1 Share

Re: Abacha Loot: Al-Mustapha Talks About How Funds Were Taken Out Of Nigeria by Kiddogarcia(m): 8:03am On Mar 08, 2020
are we not tired of abacha's loot case,we've been on this for years without no major breakthrough
Re: Abacha Loot: Al-Mustapha Talks About How Funds Were Taken Out Of Nigeria by nurex01(m): 8:05am On Mar 08, 2020
It's only in Nigeria that truth won't be spoken. I won't say more than that.

4 Likes

Re: Abacha Loot: Al-Mustapha Talks About How Funds Were Taken Out Of Nigeria by Officialgarri: 8:05am On Mar 08, 2020
If people could still defend Jonathan's government and consider him a hero, then I'm not surprised Mustapha still considers Abacha a legend

Jonathan's government could steal a triple of Abacha's if God hadn't sent Buhari to oust him


Al-mustapha wants us to believe that the monies moved belonged to government and for government purposes.

Jonathan's government did exactly the same thing. For example, the Malabu oil deal. Despite the fact that Malabu oil deal was related to Abacha, wasn't it Jonathan that went ahead to run the scam deal using federal government account?

When Dasuki and Jonathan were sharing the $2 billion arms deal, did Olisa metuh and the rest not say it was National assignment, so they didn't need to know the source of the loot.

So what's the difference between Jonathan and Abacha and Obasanjo and Abdusalam ?

27 Likes 2 Shares

Re: Abacha Loot: Al-Mustapha Talks About How Funds Were Taken Out Of Nigeria by edo3(m): 8:05am On Mar 08, 2020
Hmmm
Re: Abacha Loot: Al-Mustapha Talks About How Funds Were Taken Out Of Nigeria by udemzyudex(m): 8:06am On Mar 08, 2020
Rubbish.
You're not doing well Oga.

4 Likes

Re: Abacha Loot: Al-Mustapha Talks About How Funds Were Taken Out Of Nigeria by StaffofOrayan(m): 8:06am On Mar 08, 2020
Yeah typical fulani epistle
It has to be the fault of other tribes
Abacha never stole

12 Likes

Re: Abacha Loot: Al-Mustapha Talks About How Funds Were Taken Out Of Nigeria by LONGPREEK(m): 8:06am On Mar 08, 2020
abacha was best head of state and presido naija ever had. too bad good things do not last. this is the only guy that made nigeria mony to have value. he was almost close to fixing the eonomy before he was taken out

17 Likes

Re: Abacha Loot: Al-Mustapha Talks About How Funds Were Taken Out Of Nigeria by stonegarden: 8:07am On Mar 08, 2020
And yet they say Abacha is not corrupt. All the problems were caused by GEJ

1 Like

Re: Abacha Loot: Al-Mustapha Talks About How Funds Were Taken Out Of Nigeria by udemzyudex(m): 8:08am On Mar 08, 2020
Slawormir:
Damnnnnn niggarrr

Nice article

What is nice about this lies?

7 Likes

Re: Abacha Loot: Al-Mustapha Talks About How Funds Were Taken Out Of Nigeria by 9jaWebSolution: 8:08am On Mar 08, 2020
smiley
Re: Abacha Loot: Al-Mustapha Talks About How Funds Were Taken Out Of Nigeria by iammo(m): 8:09am On Mar 08, 2020
cool


interesting read... After Obsanjo dies and cant defend himself we would suddenly start hearing facts about the $16billion power loan he also took, same with Buhari and the $22billion, atleast Abacha never borrowed a penny

It is a Western Propaganda game, they also sanctioned Jonathan because of gay right and crippled the fight against boko haram and when Jonathan attempted to smuggle money to buy arms in SouthAfrican black market, they hurriedly seized the money and the private jet

Abacha faced the stiffest sanctions ever worst than that of Iran and nothing was sold to Nigeria by any country affiliated to US, UK, but still he completed more projects in Abuja and Nigeria than all this Useless people we now have , I still wonder how he manages to ship out crude oil, sell it and get money to build our reserve, import drugs and needed commodity and still have PTF building project up and down


Abacha was prolly killed because of this money , and since Africans are criminals and western countries were even more crazier criminal, instead of repatriating the money once just like Obama did to Iran in paying them back their $450 million, Obasanjo hurriedely made a deal with the Abacha family to pay them $100 million USD in exchange for the $5billion traced to various accounts including that of Bagudu governor of Kebbi



.

42 Likes 1 Share

Re: Abacha Loot: Al-Mustapha Talks About How Funds Were Taken Out Of Nigeria by emmanuel4758(m): 8:09am On Mar 08, 2020
grin
Re: Abacha Loot: Al-Mustapha Talks About How Funds Were Taken Out Of Nigeria by Lymasaba(m): 8:10am On Mar 08, 2020
Ok
Re: Abacha Loot: Al-Mustapha Talks About How Funds Were Taken Out Of Nigeria by Kubernetes: 8:12am On Mar 08, 2020
Abacha met $200 Million Dollars in foreign reserve and built it to $9billion in five years when fuel was $8/pb.

Waooo.... he tried

32 Likes

Re: Abacha Loot: Al-Mustapha Talks About How Funds Were Taken Out Of Nigeria by ololadeajayi(f): 8:13am On Mar 08, 2020
Hmmmmm!
Re: Abacha Loot: Al-Mustapha Talks About How Funds Were Taken Out Of Nigeria by EmekaBlue(m): 8:13am On Mar 08, 2020
IDIOTS

Re-looted funds. What a useless country but not totally useless @least can be used as a bad example to other nations

3 Likes

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

MKO Abiola: Why There Will Be No Public Holiday On June 12 This Year / Nigerians Ask For President Jonathan's Thesis On Twitter / Photos Of Femi Fani-Kayode After Court Today

(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. 60
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.