SundayHeadlines 23rd of Feb. 2020 1. Abacha loot: FG won’t pay $100m to Bagudu, says MalamiSAN - 2. Protest as SARS officer kills Remo Stars captain - EndSARS 3. Oluwo’s belligerent monarchy -
of the late Head of State, Gen. Sani Abacha, Federal Attorney-General and Justice Minister Abubakar Malami said on Saturday.
Malami, in a statement in Abuja by his Special Assistant on Media and Public Relations, Dr. Jubrilu Gwandu, said no third party’s interest was captured in all the agreements between the administration of President Muhammadu Buhari and any foreign nation on the recovery of looted funds. “The Bagudu family assets in contention, which constitute a distinct and separate cause of action, do not have anything to do with the assets already recovered and being recovered under the Abacha 2014 non-prosecution agreement.
The AGF said no third party interest had ever featured in Nigeria’s negotiation with other jurisdictions on the recovery of assets. Malami said the government was working with the United States on the recovery of several other assets traced to a former Petroleum Minister Deziani Alison-Madueke and her associates, and a former Delta State Governor, James Ibori as well as several others.
On the $308million recently recovered, the AGF said the administration of President Muhammadu Buhari will stick to the agreement reached with the United States and the Island of Jersey. “To achieve the President’s objectives, the Federal Government of Nigeria has engaged and continues to engage with international partners, including the United States of America, in the recovery and return to Nigeria of stolen assets.
“The 2017 repatriated funds were deployed to the implementation of the Social Investment programme and are being monitored by civil society organizations across the country. “Moreover, further revelations in the report that instead of recovering the stolen money, the Federal Government is even in the process of funneling $100 million out of the looted funds to Governor Bagudu, highlights the humongous sleaze, duplicity and treachery that pervade the Buhari administration.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US kicks as FG plans to 'give $100m Abacha loot' to Gov Bagudu – Daily TrustThere are indications that the plan by President Muhammadu Buhari’s government to pay Kebbi State Governor, Abubakar Bagudu $100 million from Abacha loot, may hamper future cooperation between Nigeria and the United States. According to court documents cited by Bloomberg, Bagudu, a close political ally of the president, was part of a network controlled by …
Read more »
Uproar as FG plans to handover $100m Abacha loot to Bagudu – Daily TrustIt’s scandalous – CISLAC Don’t complicate fund recovery efforts – Presidency May hamper fund recovery efforts – Report I did no wrong – Bagudu There was a general feeling of indignation across the country yesterday over a report of alleged attempts by the federal government to hand over about $100 million United States authorities …
Read more »
EXCLUSIVE: I haven’t done any wrong to demand $100m from Abacha loot - Bagudu – Daily TrustKebbi State Governor, Abubakar Bagudu has denied any wrong doing in demanding about $100 million from the money stolen by a former Head...
Read more »
US opposes Nigeria plan to hand over $100m Abacha looted fund to Gov. BaguduUS opposes Nigeria plan to hand over $100m Abacha looted fund to Gov. Bagudu SaturdayThoughts SaturdayFeeling SaturdayMotivation
Read more »
EXCLUSIVE: Bagudu reacts to $100m Abacha loot controversy – Daily TrustKebbi State Governor, Abubakar Bagudu has denied any wrong doing in demanding about $100 million from the money stolen by a former Head...
Read more »
Abacha Loot: Nigerian Govt Denies Planning To Pay Bagudu $100mAbacha Loot: Nigerian Govt Denies Planning To Pay Bagudu $100m
Read more »