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World Bank Says Abacha Loot is “Too Huge” to Handle

BellaNaija.com

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Sani Abacha - March 2014 - BellaNaija

Activists of the Socio-Economic Rights and Accountability Project (SERAP) are said to have contacted officials at the World Bank, demanding for information about the status of recovered funds looted by the late Nigerian Head of State, Sani Abacha, which is reportedly over $11.3 billion.

In response to the inquiry, World Bank representatives said, “In response to your request, we would like to inform you that we are still considering your request and we will need additional time because the money involved is too huge for us to handle,” Channels reports.

The report further states that it typically takes 20 working days to respond to such requests, however; under special cases it could take much longer time.

World Bank has asked for more time to be able to supply comprehensive information on how the recovered Abacha loot was spent.

19 Comments

  1. glowy

    October 28, 2015 at 7:16 am

    I tot buhari said abacha didn steal.smh

  2. zizi

    October 28, 2015 at 7:26 am

    Please shift.Diezani embezzled more.

  3. missappleberry

    October 28, 2015 at 7:36 am

    Just finished reading my devotional this morning and then saw this article. Its amazing how what i read this morning clashes with this news. It says life is about relationship, not about acquisition. We came into this world with nothing and we leave the same. After all Abacha’s stolen loot, where is he today? Did he succeed in carrying anyone with him to where ever he may be? One needs to understand that our purpose here on earth is to focus on a good relationship with God, with people and not on material things. Material things will take us no where.
    How can someone steal so much up to the extent that even world bank says its too much to handle? And yet his family left behind still have the right to be shinning teeth everywhere on social media. They should be ashamed of themselves and their father! They will all reap what they have sowed at the expense of the masses. If not now, in the afterlife.

    • Badass Nubian

      October 28, 2015 at 4:09 pm

      word love your comment. We Human beings are taught how to spend all their lives chasing money at preschool age not remembering that it will not follow us to the grave.

  4. tolu

    October 28, 2015 at 8:01 am

    eh bami ki gbe ole ole oleeeeee…….

  5. RIFF RAFF

    October 28, 2015 at 8:20 am

    World Bank, what are u saying like that? I hope you have not also collected “your own”, o! World Bank, i ‘m sure you’re equally using that money!
    Now i understand Mariam Abacha’s statement “we can never be poor like Dangote”.
    @missappleberry. No the Abachas are not ashamed cos Nigerians will always worship money not minding its source. They will even fight to be seen in their company. That is why people like that will always shine their teeth and have their way. Go to BN weddings. One Abacha got married. Read the “money good” comments, all the awwws and aaahs.

  6. Yeah

    October 28, 2015 at 8:29 am

    May he never rest in peace!!!!!!

  7. Priscy

    October 28, 2015 at 8:53 am

    I read the headline and that is just what I muttered “Na wa o”

  8. Naijababeii

    October 28, 2015 at 9:14 am

    PMB MR. KWARUPTION HOW MARKET?

  9. nene+

    October 28, 2015 at 9:19 am

    PDP GEJ and his men looted us dry, stole our common wealth……………………

    Thank God for Oyinbo who are not carried away by LAI and Bubu lies. A known thieving government Buhari served……..We cant handle Abacha loot alone says IMF.

    Same loot Buhari choose to overlook? What a fraud?????

    IMF please be informed that Buhari has canonized Gen Sanni Abacha- He is now known as St Sanni Abacha. Only GEJ is the demon Nigeria have.

    Just close your eyes and imagine that IMF was talking about a PDP Abayomi, Chukwuemeka, Jerry, Seminitari, Onche,Okon………………hell would have been considered cooler than such individual.

    Woe unto hypocrites!!!!!!!!!

    • nnenne

      October 28, 2015 at 1:37 pm

      @nene+… Amen !!!!!!!
      Loud and resounding!

  10. anony

    October 28, 2015 at 10:07 am

    In a letter dated 15 October 2015 and signed by Ann May of the Access to Information Team, the Bank said that “In response to your request under AI3982, we would like to inform you that we are still considering your request and need additional time to provide you with a more comprehensive response.”
    The letter reads in part “In most cases, we will be able to respond within twenty (20) working days from receipt of a request for information. However, we may need additional time in special circumstances, for example, if the request is complex or voluminous or if it requires further review by or consultation with internal World Bank units, external parties, the Access to Information Committee, or the World Bank’s Board of Executive Directors.”
    “We regret any inconvenience that a delay may cause you and, if one does occur, will aim to minimize it as much as possible. We will notify you promptly of any updates to the status of your request. Thank you for your interest in the World Bank.”

    World bank never said such. Don’t they handle heavier cash?

    • ROY

      October 28, 2015 at 12:26 pm

      Gerra hia. You want to defend nonsense

  11. ADESHOLA

    October 28, 2015 at 12:31 pm

    ABACH U NO GO REST IN PEACE

  12. abc

    October 28, 2015 at 2:51 pm

    Chei, if not for Viagra we for still dey suffer under abacha regime.
    he destroyed our education system. na only one man oh wey caused so much havoc.
    na wah na wire

  13. Badass Nubian

    October 28, 2015 at 4:16 pm

    I don’t even know who stole more money Alison Madueke or Abacha. Our government has been looting our money under our noses since 1960 and this regime will not be anything different. Just a small group of lazy ass people eating the Nigeria’s income. Dis has to stop

  14. MissB

    October 30, 2015 at 2:53 am

    Yet the same BELLA Naija celebrates the family of looters regularly! SMH

  15. Omoye

    October 30, 2015 at 6:39 am

    and then his family members will hold their heads high to say he was our greatest pres… some people need to be exiled from this country.

  16. oye

    October 30, 2015 at 12:41 pm

    all the politicians that brought nigeria to this position will not die well if they have died, they will not sleep well, thousands of the young people are without jobs because of the wrong people in the w right position, it is now a problem to the citizen of Nigeria, God will purnishe the deads.May what they have stollen perish with deads.God will save Nigeria, so be it.

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