Skip to main content

Nigerian Government Refuses To Account For $4bn Abacha Loot –Falana

 

Senior Advocate of Nigeria, Femi Falana, has accused the Nigerian Government of failing to account for the $4bn recovered from late Head of State, Gen. Sani Abacha.

Falana also said that since 1999, the government had recovered about $4bn of public funds stolen by Abacha but that Nigerians were not aware of how the fund was expended by the government. 

Falana, who spoke at the Anti-Corruption Situation Room conference organised by Human and Environmental Development Agenda, which focused on reviewing efforts of state and non-state actors in the fight against corruption in Nigeria.

Falana said it was lack of accountability by the Nigerian Government that prompted the cautionary insult of a United States Department of State official, who mocked Nigerian leaders, asking them to ensure accountability in the disbursement of the latest over $308m warehoused in the Island of Jersey but recently released to Nigeria.

“About $4bn recovered Abacha loot is yet to be accounted for. 

"One young state house official told Buhari government officials that the money must not be stolen. 

"It is the most successful recovery of stolen public funds in the world. We have not been able to account for the money,” Falana said, lamenting that a former President said he recovered $2bn in eight years but when he was asked to account for the funds after a court order, he said the “judge was

foolish”. 

Falana said Nigerians had been battling public officials to make open the assets declared, noting that declaration was from the Latin word declare, which means to ‘declare open’. 

He said the Code of Conduct Bureau should be told the secrets surrounding asset declaration in Nigeria is illegal.

An official of Transparency International, Mr Anwal Musa Rafsanjani, said the TI report is not about corruption by the Nigerian Government but rather focuses on perception and the corruption trends in the country.

Politics News AddThis :  Original Author :  SAharaReporters, New York Disable advertisements : 


via IFTTT

Comments

Post a Comment

Popular posts from this blog

The beautiful model Christina Evangeline: age, ethnicity, net worth, husband, baby

The art of modelling is more than merely putting on designer clothes and hitting the runway. It requires a lot of effort, self-care, determination, and an energetic spirit. Christina Evangeline, who is very attractive and beautiful, is a model who dedicated all her energy into this esteemed career. Fame and plenty of public attention came with her job, and she continues to show young women that success does not come overnight. It requires hard work and passion! Image: instagram.com, @yoevangeline Source: Instagram Who is Christina Evangeline ? According to the Christina Evangeline biography, she is a model who is best known for being Kenan Thompson’s wife. Christina was born on the 24th of March 1989 in the United States of America. Currently, Christina Evangeline age is 30 years. Her nationality is American, and she identifies herself as a Christian. Christina Evangeline ethnicity is White, and her Zodiac sign is Aries. Christina Evangeline race is Caucasian. Details of her paren...
Post a Comment
Read more

Former Maritime Agency Boss, Buba Galadima, Accuses AMCON Of Witch-hunt After Property Takeover

  A former Director-General of the Nigeria Maritime Agency, Buba Galadima, has accused the Asset Management Corporation of Nigeria of witch-hunt after the agency took possession of his business and assets on Tuesday in Abuja. Galadima, an ardent critic of President Muhammadu Buhari, claimed that he did not borrow money or have unpaid debt with Unity Bank, which lodged a complaint against him and occasioned AMCON’s move on Tuesday. The properties taken over include House No. 15, Addis Ababa Crescent, Wuse Zone 4, Federal Capital Territory, Abuja and House No. 4, Bangui Street, Wuse 2, also in Abuja.  Reacting to the situation, Galadima said, “This is an attempt to disgrace and break me down. This is injustice and an attempt to humiliate me. "But I am unbreakable and they can never silence me. They sacked me and over 50 people that sleep in the apartment. "We don’t know where to go. We will remain on the streets. We will remain on the streets until God provi...
Post a Comment
Read more

Learn how to clean washing machine in a surprisingly easy way

All machines can break down one day, and your washing machine is no exception. Knowing how to clean washing machine timely and effectively will help you reduce or even avoid additional expenses on servicing. Right now, you will be surprised to discover how easy it is! You do not even need any additional devices to do this except the ones that you already have in your house! Image: pexels.com Source: UGC A washing machine is an essential device in a modern home, but it has its own temper and demands! It reacts to the softness of water and quality of detergents that you use. In separate cases, the frequency and intensiveness of washing cycles can play their part. Now, it is time to discover several simple and cheap methods of cleaning of the essential parts of your little helper, to remove unpleasant odours, mould, and scale. The most important tips: how to clean washing machine How often is it necessary to do this cleaning? What do you think? Specialists insist on once in ...
Post a Comment
Read more