Another $321m Abacha Loot Expected As Nigeria Signs Agreement

There is this hilarious joke arising from a discussion by two friends, Abdulahi and Chukwuemeka at the beer drinking joint or pub. Abdulahi said, “The late General Sani Abacha, former Head of State and Commander-in-Chief of the Armed Forces of the Federal Republic of Nigeria is Nigeria’s biggest uncle even from the grave. Chukwuemeka who was bewildered responded; Abudulahi, how can you say that with all the atrocities Abacha committed while he ruled Nigeria? Abdulahi responded: “Look Chukwuemeka, let me tell you, even from the grave, General Sani Abacha sends Nigeria money anytime he hears that the government wants to borrow money, who else does that to us aside from General Sani Abacha?

Again, the Federal Government according to reports will this week sign a tripartite pact with the United States of America and the Island of New Jersey for the repatriation of $321m looted by the late former Head of State, Gen. Sani Abacha. A spokesperson for the Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), Dr Umar Gwandu, made the disclosure in a statement, which was release on Sunday. He said the minister would sign the agreement on behalf of the Federal Government in Washington DC.

He said Malami has already departed Nigeria on Sunday where he will attend a three-day meeting of the United States-Nigeria Bi-national Commission in Washington DC, during which the signing of the pact would take place. “At the meeting, the Honourable Attorney-General of the Federation and Minister of Justice is expected to, on behalf of the Federal Republic of Nigeria, sign a tripartite agreement with Nigeria, the Island of New Jersey and the United States of America for the repatriation of $321m looted assets, as part of the Federal Government’s efforts to recover more stolen funds stashed abroad.”

It added that the meeting was an annual event between Nigeria and the US aimed at reviewing the bilateral relationship and taking necessary steps to advance mutual interest in all diplomatic areas among the two countries. It described the meeting as “a friendly bi-national meeting that holds annually devoid of intervening concerns or relating to the internal affairs of the participating states.”

Other members of the Nigerian delegation that will attend the meeting, apart from Malami, include the following: Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo; Minister of Defence, Maj. Gen. Bashir Magashi (retd.); Minister of Foreign Affairs, Geoffrey Onyeama; National Security Adviser, Maj. Gen. Babagana Monguno (retd.); and the Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar Faruk.

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