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.