N5.6bn Of Abacha’s Loot Recovered

Must Read

Chelsea Consolidates On 4th Spot With Victory Over Tottenham At Stamford Bridge

Chelsea moves 4 points away from fifth placed Tottenham after defeating the latter two goals to one at Stamford...

Hanan Buhari: I Didn’t Ask DSS To Arrest Man Using Phone Line I Previously Owned

Daughter of president Muhammadu Buhari, Hannah has vehemently denied asking the Department of State Services (DSS) to arrest and...

Insurgency: What I Told Leah Sharibu’s Father: Saraki

Former Senate President of Nigeria, Senator Bukola Saraki has revealed that he spoke to Daniel Sharibu, father of Leah...

Nigerian Newspaper Headlines Today: 22nd February 2020

No Going Back On Social Media Regulation - Lia Mohammed The Minister of Information and Culture, Lai Mohammed has stated that the...

I Have No Intention Of Joining Coronavirus Infected APC: Fayose

Former governor of Ekiti state, Peter Ayodele Fayose has stated that he has no intention of joining the ruling...
Obanor Chukwuwezam
I am a young person who values time, appreciates relationships and aspires towards success in all my endeavors.

About £22.5m, which is equivalent to N5.6bn has been recovered from Jersey bank accounts in the coast of Normandy, France, the accounts were some of many in which money embezzled by the Abacha Government was deposited during the regime of the late dictator, Gen. Sani Abacha.

A delegation lead by The Attorney General of the Federation, Mohammed Bello Adoke was said to have visited the Island last month to negotiate the release of the funds, which were the proceeds of corrupt vehicle deals between Abacha and Raj Arjandas Bhojwani, an Indian businessman.

According to the Jersey Evening Post, the cash was confiscated from Bhojwani, who is serving a six-year jail sentence since 2010, for laundering $43.9m through his bank accounts in the Jersey branch of the Bank of India. The presidential spokesman, Dr. Reuben Abati, confirmed the report. He said, “Yes, I confirm it. The report is true. The money that was repatriated from Jersey is £22.5m.

The FG should also account for whatever embezzled money is recovered from bank accounts of previous leaders, else recovered money might be getting stolen all over again. what do you think?

- Advertisement -
Ad ==> Discover how a young Nigerian graduate now makes a consistent 40k per week doing a legitimate online business. You too can start yours now, click here!!!


  1. FG should account 4 d proper use of dat money bcos we av had references of such incident but nothing was done 2 it all of a sudden everything just died down

  2. Mr Adoke more power to your elbow pls make sure that money is spent very well e.g on the dualization of lokoja-Abuja road our relatives are dying in hundrea by the week due to that bad road.


Please enter your comment!
Please enter your name here

More Articles Like This

- Advertisement -