USA Set To Return $23M Stolen By Gen. Sani Abacha to Nigeria

US signs agreement with FG to return $23m Abacha loot The United States (US) government has signed an agreement with the federal government to repatriate $23 million in Abacha loot to Nigeria.

The agreement was signed on Tuesday at the office of Abubakar Malami, minister of justice and attorney-general of the federation.

In his speech, Malami said the decision to return the stolen funds, which is tagged ‘Abacha-5’, was a product of a series of negotiations and meetings between Nigeria, the US department of justice and the UK National Crime Agency.

The attorney-general said the loot, when repatriated, will be used for the completion of the Abuja-Kano road, Lagos-Ibadan expressway and the Second Niger Bridge.

“It is worthy to note that in line with the terms of this agreement, Mr. President had already approved the funds to be utilized for the ongoing presidential development infrastructural funds, PIDF, projects namely; Abuja-Kano road, Lagos-Ibadan expressway and the second Niger bridge under the supervision of Nigerian Sovereign Investment Authority (NSIA),” Malami said.

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Posted: at 23-08-2022 06:53 PM (2 years ago) | Addicted Hero

The question now is if they returned the money who will be in possession of it,the ones wey Dem dey return wetin Dem use it do

Posted: at 23-08-2022 08:28 PM (2 years ago) | Hero

And stupid Nigerians are clapping for this. First the  United states should have returned the money  two decades ago not  now. It had had this money years accruing interest while being invested in its economy. Why would it take  all these years to return money it knew doesn't belong to it. Kind gesture or political maneuvering. In short the money has to be returned with  full interest, hence its not a favor but an obligation.

Posted: at 24-08-2022 07:32 AM (2 years ago) | Gistmaniac