Abacha loot: FG won’t pay $100m to Bagudu, says Malami

of the late Head of State, Gen. Sani Abacha, Federal Attorney-General and Justice Minister Abubakar Malami said on Saturday.

Malami, in a statement in Abuja by his Special Assistant on Media and Public Relations, Dr. Jubrilu Gwandu, said no third party’s interest was captured in all the agreements between the administration of President Muhammadu Buhari and any foreign nation on the recovery of looted funds. “The Bagudu family assets in contention, which constitute a distinct and separate cause of action, do not have anything to do with the assets already recovered and being recovered under the Abacha 2014 non-prosecution agreement.

The AGF said no third party interest had ever featured in Nigeria’s negotiation with other jurisdictions on the recovery of assets. Malami said the government was working with the United States on the recovery of several other assets traced to a former Petroleum Minister Deziani Alison-Madueke and her associates, and a former Delta State Governor, James Ibori as well as several others.

On the $308million recently recovered, the AGF said the administration of President Muhammadu Buhari will stick to the agreement reached with the United States and the Island of Jersey. “To achieve the President’s objectives, the Federal Government of Nigeria has engaged and continues to engage with international partners, including the United States of America, in the recovery and return to Nigeria of stolen assets.

“The 2017 repatriated funds were deployed to the implementation of the Social Investment programme and are being monitored by civil society organizations across the country. “Moreover, further revelations in the report that instead of recovering the stolen money, the Federal Government is even in the process of funneling $100 million out of the looted funds to Governor Bagudu, highlights the humongous sleaze, duplicity and treachery that pervade the Buhari administration.

Tell that to the marines! Even (most)Hailers no longer believe this failed 419-government.

This clowns would say anything to get the money released first,then they will ask US to mind their business.

Tales of the expected!!...diversionary propaganda!!

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