I got a credible information last week from some grapevines in
Abuja that the much-talked about outstanding sum of $322 million (not $321
million as has been widely reported) stashed away in some secret accounts by
former military dictator, the late General Sani Abacha, in Liechtenstein,
Luxembourg and Switzerland, routinely referred to as Abacha loot, has been
repatriated and it is sitting pretty in a dedicated account in the Central Bank
of Nigeria (CBN).
This calls for pomp and ceremony, especially
by the office of the Attorney General of the Federation and Minister of
Justice, Mr. Abubakar Malami (SAN), which had committed to ensure that the loot
was repatriated, regardless of the shenanigans and blackmail from within and
outside some official quarters in Nigeria.
 |
| *Late Gen Abacha |
A powerful Nigerian delegation, led by Malami and comprising a team of Nigerian
law firm of Oladipo Okpeseyi and Co., had signed a Memorandum of Understanding
(MoU) with the Swiss Federal Council and the World Bank on December 7, 2017 for
the repatriation of the loot, composed of $250 million traced to Liechtenstein
and $72 million traced to Luxembourg, which was confiscated by the Court of
Switzerland.
