Abacha Loot: Nigerian government again says no third party agreement

Abubakar Malami

Abubakar Malami

Attorney-General of the Federation Abubakar Malami
Attorney-General of the Federation Abubakar Malami

The Federal Government of Nigeria has once again denied entering into any agreement to concede any amount of money to any individual concerning the repatriated Abacha loot of over 308 million dollars.

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Abubakar Malami, the Attorney-General of the Federation and Minister of Justice, made the clarification on Wednesday in a statement by Dr. Umar Gwandu, his Special Assistant on Media and Public Relations.
He said that the federal government is exclusively bound by the tripartite agreement entered into and signed by it,  the U.S. and the Island of Jersey for the repatriation of the funds referred to as Abacha III.
He added that no individual was named to be a beneficiary of any amount in the tripartite agreement.
Malami said the international community has developed confidence in the present administration since looted funds recovered before now, were judiciously utilised for high impact, public-oriented projects.
He said that in the document of the agreement, it was spelt out that the monies will be utilised in the Abuja – Kano, and Lagos – Ibadan Expressways as well as the 2nd Niger Bridge only.
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