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Abacha Only Lodged Funds Outside Nigeria to Keep the Nation Afloat Incase of International Sanctions at the Time – Major Hamza Al-Mustafa



Major Hamza Al-Mustapha

Major Hamza Al-Mustapha

Major Hamza Al-Mustapha who was the Chief Security Officer (CSO) to late General Sani Abacha, has said that Abacha did not loot the nation’s treasury but only lodged the said amounts outside the country so that Nigeria will have funds if the international community imposed sanctions on the country.

According to Hamza, there were “force” from the international community and within Nigeria that were enemies of the late Head of State who were ben on removing him from office.

According to, Hamza said this while speaking with the media in Lagos on Monday.

General Sani Abacha served this country for four years and seven months and during that period, he stepped on many toes. Aside the two or three coup plots that were made known to the public, there were several others that were not made known.

These collaborators with some members of the international community were bent on removing him from office. General Abacha is dead today but those powerful forces are yet to forgive him. While alive, General Abacha’s enemies teamed up with the international community and they threatened to impose sanctions on the country.

There was a meeting in Abuja where it was agreed that money should be kept outside the shores of the country so that when sanction came, that money will keep Nigeria afloat. Tom Ikimi was the foreign affairs secretary then.

At that time oil was selling for seven or eight dollars. We took no loan to run the economy and that was when we also created the Petroleum Trust Fund (PTF). I was embarrassed while in prison and I heard about what people called ‘Abacha Loot’. I wrote from prison to the late Abacha family to publish and make public whether those monies were in his name, date of lodgements before he became head of state or after he became head of state.

I was at the meeting where the decision was taken but because all of us could not leave the Villa, I had to go back before the meeting ended. Like I said, Abacha stepped on toes and those people have still not forgiven him even in death.

You should also remember that Abacha was not traveling out of the country. At the beginning of his administration he did go to Pakistan, Saudi Arabia and perhaps one or two other countries and that was in 1994. Most of his travels were within Africa, so how was he able to stash such money outside the shores of the country?

While as his CSO, the only bank account I had was with the Bank of the North and that was where my salary was paid. I went to the Army to serve my country and not to make money as I came from a well-to-do family.

Hamza also pleaded for more time to conclude his court cases before revealing what led to Abacha’s death. According to him, “what killed Abacha was also what killed M.K.O Abiola“.

“Like I said before Oputa Panel, what killed Abacha was also what killed M.K.O Abiola. I will just plead with you to have patience; once I’m through with the court cases, they will be made public in my memoirs and they are in three volumes,” Hamza said.

The former CSO also called President Buhari an honest Nigerian who has been dragged into politics.

“General Buhari is an honest Nigeria who has been dragged into politics. No one can question his love for the country. Even his enemies acknowledge that. And those are the qualities we saw in him; that was responsible for his appointment to head of the Petroleum Trust Fund (PTF),” he said.


  1. xoxo

    May 31, 2016 at 7:00 pm

    lol.. just read! what a lolity

    • Wale

      June 2, 2016 at 12:05 am

      Ha ha ha, abi – ?????. He really thinks we are stupid. Please ask him why abacha’s family forgot to return the money especially now that the country needs it. Are these people for real? This one just wants to remain relevant, after 20 years of incarceration. Oshi!

  2. You will go back to prison.

    May 31, 2016 at 7:07 pm

    Only in Nigeria can this joker’s talk be relevant,after getting away with murder.He’s still tempting the patience of the populace.

  3. jessy

    May 31, 2016 at 7:18 pm

    Lol story for the gods. This guy must really take us as fools.

  4. Tina

    May 31, 2016 at 7:23 pm

    God will punish in this life and if there is next. What you take us for, fools?

  5. Ghanaba

    May 31, 2016 at 7:28 pm

    So you put money in banks located in the countries that are most likely to impose sanctions on you? In order to keep the country afloat?! Seems legit, I buy it

  6. CovertNigerian

    May 31, 2016 at 7:33 pm

    In other words, for the sake of the country, Abacha hid Nigeria’s money so effectively that his successors had to hire investigators to find it and his children then hired lawyers to prevent the country from accessing the funds when they were found because it was not yet time for them to be released to the country according to their ‘daddy’s’ timetable.

    Clearly this man believes that Nigerians are idiots. Unfortunately, some people will prove him right by believing this nonsense and quoting it in future arguments.

  7. Laila

    May 31, 2016 at 7:37 pm

    Yeah….!!! With only his family having access to the funds. We know know who would’ve been spending the money if the sanctions had hit. I’m sure there are more clever ways to join the ‘Change’ train. This one wont epp you.

  8. Nikky

    May 31, 2016 at 8:00 pm

    This is why it is important to know history. Abacha did not “serve” Nigeria. He ruled it with an iron fist while serving himself and his pocket. He was a military dictator point blank period. As far as I’m concerned he murderd Ken Saro Wiwa and he is responsible for the destruction of lives and properties of Ogoni people and other Nigerians who did not support him.
    P.S. Bihari was not dragged into politics. He ran for election and got elected in his second try. If he was not interested in politics he Should have stayed in his farm.

  9. Udegbunam Chukwudi

    May 31, 2016 at 8:02 pm


  10. Californiabawlar

    May 31, 2016 at 8:04 pm

    Yeee! ????. This is what Yoruba people call ‘ogbon ka feran senu ka wa ti’ i.e. the wisdom of hiding meat in your mouth and making it ‘disappear’ ???
    Why is this guy still alive again?

  11. i no send

    May 31, 2016 at 8:11 pm

    hmm let me think…….so he kept these huge amounts of money in personal accounts banks located in the very countries that could sanction him ??……………….hahahahahahahahahhahaha ..classic

  12. Ethio

    May 31, 2016 at 8:50 pm

    just negodu, look at what a human being with brain stuffed in his skull just said. chai!

  13. Anon

    May 31, 2016 at 8:59 pm

    Loyal to the end. He should be careful, MKO and Abacha’s “killer” is still around.

  14. FasholasLover

    May 31, 2016 at 9:06 pm

    This is like the story of a former gov’ (Can’t remember his name now) who stole money and stashed it in the govt house. When the military toppled that regime, the man said, what is the hullaballoo about? After all, it is govt’ money inside govt’ house.

    Abacha was never corrupt. He was only keeping the money for the rainy day. Some countries do have them! Mtscheeeeeeew

  15. Iheoma

    May 31, 2016 at 9:54 pm

    This Al Mustapha guy is certainly high on cheap crack! He feels he’s talking to fools, abi? It is only in Nigeria that somebody like him, comes out to talk in public & people listen with all the crimes himself & his boss committed. For hi information, the former president was just sentenced to life imprisonment for the atrocities he committed while he ruled his country! I wish same will be done to all these Nigerian goons!

  16. truth hurts

    May 31, 2016 at 10:35 pm

    Ahan, my fellow kwantry people. Let us buy his bullcrap. So Abacha moved money from our country to keep the country afloat from foreign sanctions which would come in as a measure to punish the REGIME. Great and fine. What a great leader he was. So humble. So intelligent .So patriotic.
    But then again, he could have stepped down as HOS. No sanctions, no commission/percentages on moving OUR FREAKING MONEY OUT but maybe I am wrong. Abacha is a saint. Hamza should join the minister for lies Liar Mohammed as his SSA.

  17. Mz Socially Awkward....

    May 31, 2016 at 11:19 pm

    … And just a few weeks ago, I said (in total sarcasm and on another post) that Abacha’s loot will soon be defended as being shored up for the good of Nigerians… but I never could have imagined that any dimwit was actually fixing to spin that foolishness to the press.

    It is well with all those who keep insulting the intelligence of Nigerians. Although… Who knows what instructions that madman Abacha, might have given his deluded henchmen as they helped him move said loot??

    Money that his family had unfettered access to but managed to not share with the Nigerians he was “helping”. And you sef, Mr. Hamza – all this while that we’ve been suffering and smiling, you no come tell us say better ££$$¥¥ dey collect interest on our behalf in Swiss/Yankee/Jand banks?? It is well with your selective reconstruction of history…

  18. Spunky

    June 1, 2016 at 12:05 am

    Tahh! Make we hear word abeg.

  19. nnenne

    June 1, 2016 at 12:41 am

    He will soon for presidency. We all know he will win. After all Nigeria belongs to some group.

  20. Ayakata

    June 1, 2016 at 7:07 am

    Really..this just brought so much bile up in my system!! Stfu!! These are the things even satan will hear and take a dab abi bow!! Mtchewwwww

  21. mabel

    June 1, 2016 at 9:00 am

    PMB believed ya oga too when he told him same. As Nigerians are babies na. Please can the money be put in the power sector already? I swear I hate that sector

  22. Okechukwu Ofili

    June 1, 2016 at 9:40 am

    Dasuki needs to see this.

  23. treasureD

    June 1, 2016 at 3:43 pm

    Wat does dis man want frm us again sef pity Or condolence again 4 wat ever Abacha has done. I’m sorry no Man own Nigeria to keep such fund for d ppl wthout d country nt been aware of it. Tell ur story to ur Islamic Bro dey will understnd u better fool

  24. maybelle

    June 2, 2016 at 9:21 am

    look at this unseasoned chicken, are they frying plantain with his destiny? or does he think Nigerian’s are babies wearing diapers? he must be high on kerosene…why is he still this relevant to say such nonsense? useless foolish bastard

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