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Showing posts with the label ABACHA FUND

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

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https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-9820276073479546 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 confir