See How General Sani Abacha Continue to Fund Nigeria Budget from the Grave

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July 1999 – 2000 -President Olusegun Obasanjo discovered and froze $420 million in assets and $750 million in foreign accounts.

May 2002 – President Olusegun Obasanjo made a deal with the Abacha family for the recovery of $1.2 billion.

November 2003 – Finance Minister Ngozi Okonjo-Iweala claimed that $149 million Abacha loot from Jersey Island had been recovered.

September 2005 -It was stated by finance minister Ngozi Okonjo-Iweala that Switzerland had returned $458 million in cash and $2 billion in assets.

March 2014 – Switzerland repatriated $380 million of Abacha funds.

June 2014 – Liechtenstein returned $227 million of Abacha’s loot

August 2014 – United States Department of Justice (DOJ) announced that the largest amount of money ever returned in the organizations history was $480 million which they intended to return to the Nigerian government

2016 – Switzerland confirmed that they had returned $723 million so far to the Nigerian government from Abacha loot.

December 2017 – Switzerland also promised to release $322 million dollars more of the Abacha loot

May 2019 – £211 million found in a bank in Jersey, United States.

January 2020 – The latest discovery is a fresh $311 million in a bank in Jersey. On January 29, the Federal Executive Council (FEC) approved the signing of an agreement with the Island of Jersey and the United States of America for the repatriation of the stolen assets.

Surprised? Well, remember a member of the Abacha family was rumored to have said “no matter how much money they (the FG) discovers, we still cannot be as poor as Dangote”. Let’s be watching as the sugar daddy sends us more money in the future.

On Monday, May 4, 2020, some $311 million US Dollars - stolen from the citizens of Nigeria during the Abacha regime - were safely returned to our country from the United States.

According to spoke person to the president Muhammed Buhari said that the funds have already been allocated, and will be used in full, for vital and decades-overdue infrastructure development: The second Niger Bridge, the Lagos-Ibadan and Abuja-Kaduna-Kano expressways - creating tens of thousands of Nigerian construction jobs and local skills, which can then be useful in future projects.

Part of the funds will also be invested in the Mambilla Power Project which, when completed, will provide electricity to some three million homes - over ten million citizens in our country.

The receipt of these stolen monies - and the hundreds of millions more that have already been returned from the United Kingdom and Switzerland - are an opportunity for the development of our nation, made far harder for those decades the country was robbed of these funds.

Indeed, previous monies returned last year from Switzerland - some $320 million US dollars - are already being used for the government’s free school feeding scheme, a stipend for millions of disadvantaged citizens, and grain grants for those in severe food hardship.

Without these funds, the fight against Covid-19 would be even tougher.

The latest return is a testament to the growing and deepening relationship between the government of Nigeria and the government of the United States.

Without the cooperation both from the UK Government, the US Executive branch and US Congress, we would not have achieved the return of these funds at all.

For years many countries deemed successive Nigerian administrations as too corrupt, too venal and too likely to squander and re-steal the stolen monies - so they did not return the funds.

Today, US, UK and other jurisdictions have found the partnership with the nation of Nigeria they can finally trust.

The Buhari Administration is committed to - and is enacting - total and zero tolerance to corruption in politics and public administration.

The days when government was seen and used by the political class as their personal ATM to empty are over.

The time of better governance and clean hands in the affairs of state is here to stay. Said Garba Shehu president's spoke man

The Question here is that, all this money that been returned since 1999 to today. Where is the proof to show that, the money has not been re-looted by the same government who claims to be fighting corruption.

Let wait and see, USA has given direct order that money should be used as agreed or else the money must be returned. We wait and see how it goes.

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