|
 bohlah at 09:03 PM, 11/01/2016 (2 years ago)
(19898 | Hero)  (m) 
The government of Switzerland is prepared to transfer to the Nigerian government, another $300 million recovered from the family of former military ruler, Sani Abacha, foreign minister, Geoffrey Onyeama, announced Monday.
The money is part of an estimated $5 billion stolen and stashed in foreign accounts by the late dictator.
Nigeria has in the last 10 years received over $1 billion from the Swiss and American governments, but there are growing concerns past administrations misused the huge sum.
PREMIUM TIMES reported in December 2015 how former finance minister, Ngozi Okonjo-Iweala, with the approval of former President Goodluck Jonathan, authorised the diversion of at least N61.4 billion ($300 million and £5.5 million) from funds recovered from Mr. Abacha, to the Office of the National Security Adviser, Sambo Dasuki, few weeks before the 2015 presidential election.
The former minister said the money, which was not approved by the National Assembly, was meant for purchase of military equipment for the fight against Boko Haram.
The money is believed to be part of at least $2.1 billion slush fund later distributed by Mr. Dasuki to politicians ahead of the polls. An ongoing investigation into the scandal as led to the indictment of several high profile figures.
For more scintillating and juicy stories, follow the official Naijapals accounts On Twitter - https://twitter.com/Naijapals and Facebook - www.facebook.com/naijapals |
 DAMILARE100 at 09:11 PM, 11/01/2016 (2 years ago)(4825 | Gistmaniac) (m) This man money never still finish for overseas? Hope it wouldn't go to the wrong hands again when truly returned? |
DAMILARE100 at 09:13 PM, 11/01/2016 (2 years ago)(4825 | Gistmaniac) (m) This man money never still finish for overseas? Hope it wouldn't go to the wrong hands again when truly returned? Yeye de smell |
 gogoman at 09:15 PM, 11/01/2016 (2 years ago)(30765 | Addicted Hero)  Online (m) I will prefer make the oyinbo no give us the money in cash please!! they should exchange it for development instead, like road, school, hospital and electricity all across the states.. |
 names at 09:19 PM, 11/01/2016 (2 years ago)(102 | Upcoming) (m) Gogoman you have said it all but what is efcc still waiting for? Iweala should be brought to book b4 she escape like madueke |
 Powerfulify at 10:08 PM, 11/01/2016 (2 years ago)(1649 | Gistmaniac) (m) De ones returned b4 what r they used 4? |
 Machealex at 10:17 PM, 11/01/2016 (2 years ago)(2355 | Gistmaniac) (m) Na the money wey this man steal na him kill am. |
 Anny01 at 10:24 PM, 11/01/2016 (2 years ago)(1707 | Gistmaniac) (m) Is the Nation still broke? |
 zezprincess at 10:40 PM, 11/01/2016 (2 years ago)(8085 | Hero) (f) Who are u people telling? $300M is avery small money from the amount we are expecting them to bring back.Mr Buhari, your brother Achacha just finished this country and your are looking for who to porb, why not arrest Abacha's children. Mad Mad people. |
 Dramaking at 10:50 PM, 11/01/2016 (2 years ago)(1698 | Gistmaniac) (m) Lol... Hiz money is like season film. |
 kp45 at 11:06 PM, 11/01/2016 (2 years ago)(6375 | Gistmaniac) (m) I don't even know where all these money are entering. |
 dareper at 11:12 PM, 11/01/2016 (2 years ago)(20364 | Addicted Hero) Online (m) I talk am say na.abacha finished Nigeria. Abeg.wey femjay.and beneno.my friends? |
 okatee at 12:11 AM, 12/01/2016 (2 years ago)(7688 | Hero) (m) ABACHA REALLY FINISH NAIJA, I JST PRAY MAK OUR GOVT NO MISUSE DIS ONE AGAIN. |
wisewisdom at 12:33 AM, 12/01/2016 (2 years ago)(128 | Upcoming) (m) is it because abacha has died, what of babangida, obj his military friends? |
 mensch at 01:24 AM, 12/01/2016 (2 years ago)(2367 | Gistmaniac) (m) this money can give electric to all Nigerians, at the same time build all roads to a good standard. supply water to all. |
 DJSNIPPER at 01:28 AM, 12/01/2016 (2 years ago)(3611 | Gistmaniac) (m) Imagine how these people avoided admitting that the returned loot are from Abacha's cleptomania that Buhari denied. Buhari must not be allowed to touch these funds. Buhari shouldn't be a custodian of our democracy. |
stephen153 at 04:38 AM, 12/01/2016 (2 years ago)(35558 | Addicted Hero) (m) Abacha stole 5 billion what? Oh My God! Naija is finished ooo |
 DrSoba at 06:04 AM, 12/01/2016 (2 years ago)(4859 | Gistmaniac) Online (m) We only hear returned Abacha's loot, but what the loots is used for nobody knows. They are sharing the whole returned loots amongst themselves. |
 SOGaiya at 07:38 AM, 12/01/2016 (2 years ago)(4735 | Gistmaniac) (m) Reply |
 factfinding at 07:48 AM, 12/01/2016 (2 years ago)(1979 | Gistmaniac) (m) This man called Abacha really plunder Nigeria in his reign, no wonder why his wife made a statement that even if Nigeria Govt confiscate all their properties and accounts that they will never poor like Dangote,while Dangote is been refer as one the richest man in Africa. God save us. |
DAMILARE100
gogoman
names
Powerfulify
Machealex
Anny01
zezprincess
Dramaking
kp45
dareper
okatee
mensch
DJSNIPPER
DrSoba
SOGaiya
factfinding
TRENDING GISTS 
Mariah Carey Is Unrecognizable In New Photos - She Lost So Much Weight
LOL! Slay Queen With UK Location Ran Away After Been Spotted Fetching Water In The Village
Vice Pres. Osinbajo Reveals How FG Pays 300,000 Nigerians N5000 Monthly
The Queen Of The Okoya Dynasty, Shade Okoya Shares Beautiful Photos As She Celebrates Her Birthday
#BBNaija Housemate, Ifu Ennada Stuns In Newly Released Photoshots
Olamide, Phyno, E-money Attend Nigerian Singer, Kcee 38th Lavish Birthday Party In Lagos (Photos)
65-year-old Police Informant, Raphael Udofia Killed By Unknown Gunmen In Akwa Ibom
I Will Kill Myself - Video Of Dino Melaye Threatening Suicide To Implicate Police