late Gen. Abacha loot: US to return $480million to Nigeria

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The U.S has taken control of $480million which is part of money stolen by former military dictator General Sani Abacha, after a court ruling in D.C on Wednesday August 6th. The U.S Department of Justice will now hand over the stolen money to Nigerian government, U.S government spokesman said yesterday.

According to court documents, late General Abacha, his son Mohammed Sani Abacha, their associate Abubakar Atiku Bagudu and others embezzled, misappropriated, extorted money from the Nigerian government and stashed them in various banks across the world. Continue...
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Why we need to be grateful to Abacha (Must read)

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Former Head of State, Gen. Sani Abacha, unwittingly did Nigeria a big favour regarding our democracy. On May 29, 2014 Nigeria celebrated its 15 years of unbroken democracy in the Fourth Republic, which is about three times longer than the longest period of democracy we had had hitherto. If not for Abacha, this could not have been possible.

The First Republic had lasted five years and three and half months. The Second Republic lasted three years and exactly three months. That showed retrogression. After many postponements about handing over to the civilians, the Third Republic kicked off in a peculiar way: Gen. Ibrahim Babangida conducted governorship and legislative elections while he was still ruling the nation. That experiment, which started in 1991, was supposed to culminate in the conduct of the presidential election in 1993 and final handover to a democratic government.
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Abacha Days are Here With Us Again ––Members of the New PDP voice Out

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It started like a joke. After Governors elected their leader, Rt. Hon. Chibuike Rotimi Amaechi of Rivers State in a vote of 19 to 16, defeating Jonah Jang of Plateau State to retain his position as Chairman of the Nigeria Governors’ Forum (NGF), PDP under Alhaji Bamanga Tukur and their collaborators in government preferred the defeated candidate.

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Why I Didn't Take Over Power As Soon As Abacha Died ––Al-Mustapha Opens Up

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A lot of political under-current went into the process that brought up Gen Abdulsalami Abubakar as Head of State following the controversial death in office of late Gen Sani Abachi, we observed.

But why didn't Abacha's dreaded CSO, Major Hamza Al-Mustapha used his overbearing influence to take over the government immediately, considering it would have been very easy for him?
The former Chief Security Officer to late Abacha said:

God used him to stabilise the country from the possible turmoil that could have followed Abacha’s death.

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FG Uncovers Fresh ₦3.2tr Abacha Loot

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Billions of dollars stashed away in foreign bank accounts by the late military dictator, Gen. Sani Abacha, may far exceed the already established $5 billion, as a Special Investigation Panel (SIP), tracing what has now become ‘Abacha loot,’ has stumbled on fresh clues indicating that the stolen funds still trapped in offshore accounts stand at over 

 ₦3.2 trillion.

A competent source close to the panel, whose office is in the presidency told Saturday Sun that about four different meetings between the SIP team headed by a retired senior military officer and a Switzerland-based lawyer, Enrico Monfrini, hired by the Federal Government to assist in the recovery of the Abacha loot in foreign jurisdictions, had taken place outside the country in the last eight months.

After Saying Abacha Never Stole, Buhari Embarrassed as More Abacha Loot is Uncovered

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Former military Head of State, Muhammadu Buhari, who served Abacha as Executive Chairman of the Petroleum Trust Fund (PTF) has come under some embarrassment over his comments in 2008 that Abacha never stole as new Abacha loot has been traced.

Buhari, in 2007, described the allegations of looting against Abacha as “baseless”, because according to him, “ten years after Abacha, those allegations remain unproven because of lack of facts”.

However, fresh facts emerged that the previous estimate of what Abacha stole which stood at $5 Billion may be wrong.

VIDEO: A Leaked Video Of Gen. Diya Oladipo Crying And Begging For Abacha's Forgiveness

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At 42:00 mins into the video General Diya Oladipo is seen in a video recording shown at the Oputa panel, kneeling and weeping before Gen, Sani Abacha.

Gen. Diya was crossed examined at the Human Rights Violation Commission (HRVIC) on the coup plan 1997 to overthrow Gen. Sanni Abacha, He bluntly denied the fact that he was part of the plan but he admitted he knew about the plan.

He further explained that he was afraid of being killed by the Coup Master Planner if he revealed the plan.

The Leaked Video Of Gen. Diya Oladipo Pleading With Gen. Sanni Abacha - Oputa Panel

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Inside The Secret Abacha Memo Approving Execution Of Ken Saro - Wiwa, Others

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Source: Premium Times
In November 1995, while an overwhelming international outcry mounted against the execution of the Ogoni leader, Ken Saro-Wiwa and his colleagues, defiant military dictator, Sani Abacha, backed by a small band of military officers, convinced themselves that executing them, swiftly, was the best way to resolve the Ogoni unrest “once and for all”, and to make it clear to Nigerians and the world the authoritarian regime was no weakling.