Buhari asks HSBC to stop predicting his defeat, return Abacha loot

Buhari asks HSBC to stop predicting his defeat, return Abacha loot

Posted on September 15, 2018 Authornewsheadline247

President Muhammadu Buhari has faulted HSBC for predicting he will lose his reelection bid in 2019 demanding the world famous bank return Abacha loot stashed in its custody. HSBC Bank Plc, one of the largest banking and financial services organisations in the world, predicted President Buhari will lose the 2019 presidential election. In a statement

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Al-Mustapha declares self not corrupt, says ‘I know nothing about Abacha Loot’

Al-Mustapha declares self not corrupt, says ‘I know nothing about Abacha Loot’

Posted on August 16, 2018 Authornewsheadline247

Former Chief Security Officer to Sani Abacha, the late military dictator, Hamza Al-Mustapha has said he is not corrupt and knew nothing about ‘Abacha Loot’. Al-Mustapha said this on Wednesday in Kaduna while addressing the Christian community, under the auspices of Eagle Eye Forum, 40 Christian pressure groups and United Christian Leaders. He explained that the

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$322m Abacha Loot: Osinbajo clears air on how beneficiaries would be selected

$322m Abacha Loot: Osinbajo clears air on how beneficiaries would be selected

Posted on July 12, 2018 Authornewsheadline247

Vice-President, Yemi Osinbajo has eventually announced how the beneficiaries of the direct cash transfer from the $322m recovered Abacha loot would be paid. The money is part of the looted funds stashed in Switzerland by the late former military dictator, Gen. Sani Abacha Vice President Osinbajo Wednesday made the clarification at the launching of the

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SERAP kicks against sharing $322 million Abacha loot among households, says it’s mis-targeted spending

Press Release

SERAP kicks against sharing $322 million Abacha loot among households, says it’s mis-targeted spending

The Socio-Economic Rights and Accountability Project (SERAP) has kicked against the plan by the government of President Muhammadu Buhari to share the $350million (around N115 billion) loot recovered from former military ruler, late Gen. Sani Abacha among estimated 300,000 households, with each getting around $14 (around N5,000) a month. The group said it is “mis-targeted

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Switzerland has returned over $1b Abacha loot to Nigeria – Envoy

National

Switzerland has returned over $1b Abacha loot to Nigeria – Envoy

The Swiss Ambassador to Nigeria, Eric Mayoraz has disclosed that Switzerland has repatriated over $1billion Abacha loot to the country. Mayoraz made this known in Abuja as he spoke at the Forum on Asset Recovery hosted by the Swiss Embassy to discuss issues surrounding the Abacha 2 asset recovery between the two countries. Many non-governmental

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