Socio-Economic Rights and Accountability Project has asked the Federal Government to make public the exact amount of public funds stolen by a former military head of state, Sani Abacha, and details of
spending of about $5 billion recovered loot since the return of democracy in 1999
In two Freedom of Information requests sent to Mrs Zainab Ahmed, Minister of Finance, Budget and National Planning and Mr Abukabar Malami, SAN, Attorney General of the Federation and Minister of Justice, SERAP said, “We are concerned that substantial part of the estimated $5 billion returned Abacha loot since 1999 may have been diverted, re-stolen or mismanaged, and in any case remain unaccounted for.
“Getting to the root of the exact amount of the Abacha loot and how the returned funds have been spent is important for the success of the government’s fight against grand corruption and would reassure Nigerians that the government is truly committed to ensuring full accountability for the alleged corruption and mismanagement in the spending of the funds.
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