Why I called $311m looted fund Abacha assets – Malami

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Why I called $311m looted fund Abacha assets – Malami
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Ade Adesomoju, Abuja The Attorney-General of the Federation and Minister of Justice, Mr Abubakar Malami , on Wednesday, defended his labelling of the just-repatriated $311m previously looted by the l

ate Head of State, General Sani Abacha, as ‘Abacha assets.’had reported that Malami came under criticism on Twitter between Monday and Tuesday for what commentators, including the publisher of Sahara Reporters, Omoyele Sowore, described as the minister’s improper labelling of the proceeds of the looting perpetrated by the then maximum ruler.

Describing the criticism of his reference to the funds as ‘Abacha assets’ as a needless media hype, Malami urged Nigerians to focus on the utilisation of the funds for public good.

He added, “Beyond the issues of verbal dexterity and vocal acrobatics, Nigerians should focus more on effective utilisation of the recovered looted funds in accordance with the content of the signed tripartite agreement in the interest of the Nigerian public. “The use of the word ‘assets’ in relation to the post-recovery of looted assets is to qualify same as Federal Government assets.”

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