Politics
Abacha Loot: Nigeria To Receive $318m Within 3 Days- Malami Reveals
The Attorney General of the Federation, Mr Abubakar Malami, on Wednesday said the Federal Government will receive the sum of $318,460,329 looted and stashed away by former Head of State, Gen. Sani Abacha, from the United States of America within 72 days.
Malami, who is also the minister of justice, made this known on Channels Television Politics Today in a telephone interview.
The PUNCH reports that Malami on Tuesday had signed a tripartite on behalf of the Federal Government with the United States of America and the Island of Jersey to repatriate the funds.
Malami said, “Every other thing is set and fully consummated in terms of the agreement amongst the entrusted parties – the Island of Jersey, United States of America and the Federal Government of Nigeria. The agreement has been signed and executed and we are looking forward towards the repatriation of the looted money.
When asked how fast the money would come, the minister said, “The money as it is, is in the custody of Island of Jersey where it was deposited.
“So that brings about the parties of interest to be the Island of Jersey where the money was stashed, the USA which initiated the judicial process for the repatriation of the money and Nigeria which is indeed the victim; so the common agreement that was reached is that within 27 days, the money will leave the custody of Island of Jersey down to the USA and within 45 days the money will be repatriated to Nigeria.
“We are looking at around 72 days from Tuesday when the tripartite agreement was signed and executed by the party.”
The money is expected to be used on three major projects; the Lagos-Ibadan Expressway, the Abuja – Kano Expressway, and the Second Niger Bridge.
Tinubu, represented by Vice President Senator Kashim Shettima at a formal reception in Uyo on Saturday, welcomed the governor and his supporters to the ruling party.
He pledged that Governor Eno would not be abandoned and would have no regrets about joining the APC.
According to Shettima, “The strength of any political party comes not from division, but from unity of purpose. We are here today because we understand that enduring power lies in standing together, not in isolation or internal strife.”
He emphasized that the APC is a party of the people, saying, “We believe in building bridges, not walls; in mending fences, not erecting new ones. Above all, we know that the strength of a political party lies in its people — the people are the party.”
Speaking directly to Governor Eno, Shettima added: “President Tinubu is a bridge-builder and a democrat. Your decision to join the APC is one you will never regret. You will not be humiliated or forsaken. You are home.”
Akpabio said this on Saturday at the Godswill Akpabio International Stadium, Uyo, the Akwa Ibom capital, during the official reception of Umo Eno to the APC.
“Governor Sheriff of Delta State thank you for joining the progressive family and moving the South South in a progressive direction.
“Governor Umo Eno, after you, Rivers State will just tumble, after Rivers State, Bayelsa will join.
“We won election with Governor Otu in Edo State and we produced an amiable Monday Okpebholo, congratulations once again for your victory.”
In April, Eno had hinted at leaving the Peoples Democratic Party, PDP, for APC.
The governor had blamed the internal crisis within the PDP for his decision to leave the party for APC.
He said this on Saturday in a tweet on his X handle, adding that he was surprised at the wide reports that the ADC is the opposition coalition’s platform ahead of the 2027 elections.
”Nigerian newspapers often contribute to our challenges. A group is in the process of pursuing party registration, just like any other Nigerian, but they need to coordinate this with the coalition.
He maintained that ADA has not been adopted by the coalition, stressing that the public will be informed about the appropriate choices and decision reached by the coalition on ADA.
”ADA has not been adopted by the coalition, and when the time is right, the public will be informed about the appropriate choices and decisions. Just be patient with that.,” he wrote
Recall that the Nigeria National Coalition Group (NCG) formally wrote to the Independent National Electoral Commission, INEC, seeking the registration of a new political party – All Democratic Alliance, ADA.
This has sparked speculations that Atiku Abubakar, Nasir El-Rufa’i, Peter Obi, Rotimi Amaechi and others would adopt ADA as their platform for the 2027 election.
-
Entertainment4 years agoBBNaija: “Shameful For A Married Woman” – Boma, Tega Doing ‘Stuff’ Under Duvet Sparks Outrage (See Video)
-
Entertainment3 years agoSinger, Oxlade In Big Mess After His Sex Tape With A Strange Lady Surfaces Online (Watch Video)
-
Entertainment5 years agoBBNaija: Kiddwaya Sucks Erica’s Boobs, Licks Dorathy’s Neck In Truth Or Dare Game (Video)
-
Entertainment2 years agoI’m Not Ashamed Of My Leaked Nude Photos, Ifunanya Confesses (See Photos)
-
Entertainment5 years agoI’m Not Sick But Only Lost Some Weight – Kiss Daniel
-
Entertainment4 years agoHow Women Should Act During Sex – Actress, Blessing Okoro Reveals (Vdeo)
-
Opinion6 years agoOniru Of Iruland: The Making Of A Successor
-
Sports6 years agoEPL Epic Kickoff: How Teams Will Finish In 2019-2020 Season