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Abacha’s N32.5Billion Loot to be Returned by Liechtenstein

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Sani Abacha - March 2014 - BellaNaija
Minister of Finance Ngozi Okonjo-Iweala in a statement by her special adviser Paul Nwabuikwu confirmed today Thursday 19th June 2014 that the Federal Government would receive the sum of $227 million or €167 million from the Government of the Principality of Liechtenstein as part of the looted funds recovered from the family of the late Head of States, Gen. Sanni Abacha.

The amount which is N35.2 billion is to be recieved by the Federal Government on June 25th.

The statement reads that President Jonathan would set up an inter-ministerial committee to ensure the proper utilisation of the funds.

The committee would be given the responsibility of choosing the favourable projects and programmes to invest the fund.

Jonathan has also directed that part of the funds be saved in the Future Generations Funds to help secure the economic future of both Nigerian youths and unborn Nigerians

The World Bank will also help in monitoring the utilisation of the funds in specific projects.

Yesterday, the Federal Government announced that it has dropped the N44.6.3 billion charge against his son Mohammed Abacharead it here.

14 Comments

  1. Shocked

    June 19, 2014 at 9:11 pm

    Shocking!!!!!! This man is a thief….Jesu mimo ooo 32.5 billion! Some pple do not fear God!!!!!

  2. Dee

    June 19, 2014 at 9:26 pm

    PDP campaign money has arrived. It will disappear like the rest

    • tatafo!

      June 19, 2014 at 10:11 pm

      +100000

    • MO

      June 20, 2014 at 11:13 am

      YOU ARE SO RIGHT

  3. Bunmi

    June 19, 2014 at 9:34 pm

    So you steal all of these money & still could not at least get eyebrows implant?
    Jonathan, Diezani & the rest should be happy to receive the funds as it shall be used for the betterment of the Nigerian citizens *coughs*.

    • Shadie

      June 19, 2014 at 10:09 pm

      Is it only eyebrow implant he needs skin graft to get rid of those horrid offensive machete inflicted tribal marks on his face.
      GEJ use some of that money to give us a fourth mainland bridge and you will still have enough to share with goons and your 2015 campaign fund, but i won’t hold my breath on that ever happening..

  4. mrs chidukane

    June 19, 2014 at 9:35 pm

    Somewhere GEJ is jumping up and down, the money will be enough to ensure he ‘rices’ to the occasion during the election next year. Next thing Abati will say it’s an achievement of GEJ’s administration. They should keep it up

  5. NaijaPikin

    June 19, 2014 at 9:35 pm

    Abeg they should just pay one competent company to fix power situation. We already know this money will be shared.

  6. SOLO ACT

    June 19, 2014 at 9:58 pm

    i am sure the money will be divided up between all these new thieves in government. i would rather the people in liechetenstein keep it.

  7. Joseph

    June 19, 2014 at 10:25 pm

    This is an awesome achievement by GEJ, and other like minds, Sir pls let part of these monies be given to graduates of tertiary institutions who are still in search of jobs as monthly allowances pending the time they acquire jobs (like 19, 800 naira monthly).

  8. FJD

    June 20, 2014 at 1:29 am

    Make that money reach me oh! hen hen!

  9. Listen...

    June 20, 2014 at 4:25 am

    So they have been fighting this thing for 14-16 years and ALL OF a sudden they ‘rush’ to settle for less than 50% of the loot and ‘right off’ the rest [read:drop the case]?? Why?? What’s the urgent need for so much cash now?? awesome achievement ko!!

    we will wake up one day and they would have sold Nigeria to the highest bidder. The citizens are the clueless ones…def not GEJ. Smdh.

    • Mz Socially Awkward...

      June 20, 2014 at 9:34 am

      Gbam. They’ll sell this country one day and the clueless citizens will be none the wiser. And what the heck is an “inter ministerial” committee, dear over-sabi administration of GEJ?

  10. MO

    June 20, 2014 at 11:15 am

    SINCE THE RECOVERY MONEY SHOULD BE DIVERT INTO THE ELECTRICITY IN NIGERIA AND WE CAN MOVE FORWARD AS A NATION, NOT OTHER AGENCY THAT WILL LOOT THE MONEY AGAIN .

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