U.S. set to return Alamieyeseigha’s loot •$480m Abacha loot also expected soon

Posted by News Express | 19 November 2016 | 2,323 times

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A breakthrough has been recorded in the efforts by the Nigerian Government to recover looted funds stashed in the United States of America by some of the country’s former leaders. Specifically, the U.S. Government has agreed to return $1 million looted by late former governor of Bayelsa State, Chief Diepreye Alamieyeseigha. The Muhammadu Buhari administration has already given the outgoing Barack Obama administration a Federal Government of Nigeria account into which the money should be paid.

This is even as Nigeria intensifies efforts for the return of $480 million stashed in U.S. banks by late Head of State, General Sani Abacha.

These details were given on Friday by Garba Shehu, Senior Special Assistant to President Buhari on Media & Publicity. They are contained in a statement dismissing reports (not by News Express) that Buhari donated $500 million to Hillary Clinton’s failed presidential campaign and that victorious candidate Donald Trump is angry over the issue.  

Shehu wrote: “What is the craziest accusation made against President Buhari?
“That he donated USD 500 million to Hillary’s campaign and that Donald Trump is angry. This has gone viral, sadly Nigerians are believing it!

“President Buhari’s Nigeria doesn’t have this kind of money to throw around. Even if the money is there, this President is the least likely person to give it as donation, and for what?

“As we speak, President Buhari is concluding agreements with the U.S. to return our stolen money in their banks.

“An FGN account has already been given for the return of one million Dollars from Alamieyeseigha.

“Judgement on the USD 480 million Abacha loot has been won and our Attorney-General, Malami (SAN) will be in the US next week to speak to the Department of Justice, USDOJ on the next steps for the return of that as well.

“The U.S. is paying to Nigeria, not the other way round, abi?”

•Photo shows US President Barack Obama.

Source: News Express

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