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Abacha’s $458 Million Loot seized by US Government

BellaNaija.com

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Sani Abacha - March 2014 - BellaNaija

The Late Sani Abacha keeps making headlines.

Less than week after President Jonathan honoured the former head of states at the centenary celebration for his contributions to the nation, the United Sates of America Government has ordered that all his stolen assets be seized.

It is worth $458 million.

With the help of local authorities, they were able to recover money stashed in Britain, France and Jersey.

“This is the largest civil forfeiture action to recover the proceeds of foreign official corruption ever brought by the department. General Abacha was one of the most notorious kleptocrats in memory, who embezzled billions from the people of Nigeria, while millions lived in poverty.” said Mythili Raman, acting assistant attorney general.

According to the Justice Department, the frozen assets along with additional assets represented “proceeds of corruption”, during Abacha’s regime as President.

Punch was first to report the story.

32 Comments

  1. Aiodun

    March 6, 2014 at 10:22 am

    What a great job the US Government did!

  2. Tunmi

    March 6, 2014 at 10:31 am

    hmmm…US govt have kolobi our money. Abacha embezzled and couldn’t spend a dime out of it…all them politicians should learn from this. Nigerians prayers cannot be in vain!!

    • sigh

      March 6, 2014 at 11:06 am

      Prayers without work is DEAD. Thank the US govt too.

    • Marc Francis of Chelsea

      March 6, 2014 at 11:35 am

      O we are thanking them now? I thought we were yelling for them to stay out of our countries and let us deal with our issues ourselves? *Rolls eyes*

    • Bleed Blue

      March 6, 2014 at 1:02 pm

      Marc Francis thank you jare…in fact chop knuckle!

    • AA

      March 6, 2014 at 2:07 pm

      HA! Nice retort

    • Iris

      March 6, 2014 at 4:37 pm

      Abi? Noo allow. In people’s minds foreign support is a buffet we can pick and choose from. Meanwhile our government is honouring him in the same period that 458 million DOLLARS has been seized. Let us take a minute of silence to ruminate on that figure biko nu. One million dollars (165 million naira) can do wonders for people. Multiply by 458 and see how many roads or hospitals or maintenance projects could have been set up. And the spawn of this creature can open their mouths to talk. Hell needs more firewood I swear…

  3. Wife of the Don

    March 6, 2014 at 10:41 am

    And those 2 burnt corns named Sadiq and Gumsu have the mind to say nonsense to Nigerians…..

    • NIRA

      March 6, 2014 at 11:35 am

      LOL @ “burnt corns”!!! They should hide their faces in shame, that is, if they have any.

  4. Vicky

    March 6, 2014 at 11:00 am

    Wole Soyinka has been vindicated.

  5. amirah

    March 6, 2014 at 11:11 am

    Where is the money now going to? Sorry if you think its coming back to Nigeria cos the US govt itself is not innocent wen it comes to. Stealing money, especialy by invading oil rich countries under false pretences and taking over their oil wells. That recovered money is going from one thief to another.

    • nana yaa

      March 6, 2014 at 1:53 pm

      I’m sure America is one of naija’s donor partners so hopefully they ll send back the money as donations/ budget supplements.

    • Arin

      March 6, 2014 at 2:25 pm

      Il rather the money stay in America. Let them use it to build their economy. Nigerian government will do nothing with the money. It will only add to their bank account balance.

  6. jummai

    March 6, 2014 at 11:31 am

    I still prefer for the money to be in US than be returned to Nigeria, and let that his smelling mouth son come out and talk rubbish. Awon ole jatijati.

  7. MindyoursefInosendyou

    March 6, 2014 at 11:36 am

    Okay good, the Almighty US has recovered the stolen money. Now they should do well by returning it to the originating country which is Nigeria. I trust people to come up with excuses that if the money is returned, the Nigeria government will squander it. It’s possible but the US should return the money and if they are that nice, they can monitor and make sure the money isn’t squandered by our clueless government.

  8. Nonya

    March 6, 2014 at 11:43 am

    Kleptocrats! I like that one.

  9. Ready

    March 6, 2014 at 11:55 am

    They have done for us 4x
    What our president cannot do
    They have done for us
    What our Jona cannot do
    They have done for us!

    Spineless pieces of s**t. Giving awards where they should have been issuing exile orders.

    • Mz Socially Awkward...

      March 6, 2014 at 3:14 pm

      Hahaha! You clown… I just totally pictured all of us dressed in “Christian Mothers” wrappers and dancing down the church aisle to that song.

      Sadiq, we await your next salvo with regard to the looting carried out by our former “leader” also known as your dad. I’m really sorry to have to call him out like this but you left the doors wide open with the stupidity you displayed recently.

      There is something sadistic about us Nigerians, which makes us continue to celebrate these children after their parents have stolen our birthright. After that inane letter and this news report of looted millions, people should be CROSSING the road when Abacha’s children are walking by and completely ostracizing them from civilized society. Maybe the light will finally dawn and they will actually understand the meaning of the word “shame”, when that happens…

  10. dinma

    March 6, 2014 at 12:39 pm

    abeg thank u US, but no kolobi am o… return it to us pls.all dis money evrywhere shaa.

  11. john22

    March 6, 2014 at 1:06 pm

    Thanks USA ….asking too much but use it to sponsor health and educational activities and hunger prevention in Nigeria through aids and United Nation programmes. The money should be returned properly. we have been governed by thieves and apart from Abacha, we have other presidents who did worse . The common man suffers

  12. chikita

    March 6, 2014 at 1:17 pm

    i pray this money is put into the right hands to help our country

  13. AW

    March 6, 2014 at 1:27 pm

    Over to you Sadiq! Scoreboard at the moment; Soyinka 1
    Abacha 0

  14. Fume

    March 6, 2014 at 1:33 pm

    Am glad that Clueless Sadiq Abacha can re-confirm how well his father governed this country. i just wish they would they can be exiled.

  15. Miss Anonymous

    March 6, 2014 at 1:56 pm

    Unfortunately even if the funds are returned they won’t be put to any good use, other than to line the pockets of a few. What happened to all the billions they’ve been recovering since Abacha died?
    Na today?
    *goes back to plate of dodo and egg*

  16. Sassy

    March 6, 2014 at 1:56 pm

    The question that begs to be asked is this: Why in the world did the US, France and UK allow the bank accounts that housed this money to be created in the first place?! TALK ABOUT AIDING AND ABETTING CORRUPTION ! Now they want to act like heroes in white capes after enjoying the interests and all.

    • Mz Socially Awkward...

      March 6, 2014 at 3:27 pm

      My dear, the thing tire me… however, I will say that one commendable trait seen in western governments is that they understand the concepts of “shame” & “whistle blowing” in ways that continue to elude our own leaders. A wrong has been done by them even allowing the money to have been accumulating in their banks for the last 15 years (& nobody can convince me that they just discovered its presence in recent times) and they now see how bad it looks, hence the scurry to make amends and absolve themselves of guilt.

      Nigerian leaders, on the other hand, embrace shame like their lover. It’ll never, ever occur to the average “chopper” of Naija’s wealth to make amends, until they’re kicked out of office, end up broke and suddenly turn to into twitter-activists, daily lambasting corruption in high places. Shame isn’t something which we often allow to cloud our minds…

    • hely

      March 7, 2014 at 1:16 am

      Amen……well said.
      When a 0 imagination /self indulgent fathers (african leaders) no longer believe in the potential/future of their children, the whore’s children (western world) become beneficiaries. AFRICAN STOLEN MONEY USED AS INVESTMENTS YIELDING INTEREST IN
      FOREIGN BANKS. Mother africa put these greedy westerners on the throne with her money and resources for centuries but they are quick to deny africans big opportunity in their
      “Civilized” countries

  17. Annonymous

    March 6, 2014 at 2:55 pm

    Okay oooh. At least its not Wole Soyinka that said this. Mscheeew

  18. Nominee

    March 6, 2014 at 3:12 pm

    Sadiq oya come and read this one o! Did Soyinka write this?

  19. nene

    March 6, 2014 at 4:04 pm

    biko abacha’s stolen money still remains? nigerian people have heart oh

  20. NNENNE

    March 7, 2014 at 12:03 am

    Retribution at work. Abacha is not the only one.

  21. icomment

    March 7, 2014 at 4:37 am

    Before all of you open your mouth and start bowing down and thanking the US for all the “womderful things” it has done, take a second to ask yourselves why now? why after over a decade? Where is this money going to? It’s definitely not going back to Nigeria

    Don’t be stupid…The US is not innocent. Ma je ki ilu kan wa fi bread ko wa l’omi obe je

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