Abacha Loot: Nigerian govt opens technical bid to monitor implementation

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The Minister of Justice, Abubakar Malami, had on May 4, confirmed the receipt of $311 million of the Abacha assets repatriated from the U.S. and the Bailiwick of Jersey.

The Federal Ministry of Justice on Thursday opened technical bids for Consultancy Service to monitor the implementation of Abacha loot III.

Mrs Mohammed said the process is in tandem with the Asset Return Agreement of February 3 by the Nigeria government, the United States and the Bailiwick of Jersey. “The projects are the Lagos – Ibadan Expressway, Abuja – Kano Road, and the Second Niger Bridge,’’ she explained. He added that the bids will be handed over to the Evaluation Committee to ensure that due process followed all through.

Mr Malami said, “The amount increased from over 308 million US dollars mentioned in the press release issued in February to 311,797,866.11 million dollars following the accrued interest from Feb. 3 to April 28 when the funds were transferred to the Central Bank of Nigeria.

Source: Law Daily Report (lawdailyreport.net)

 

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What a sham!

Hahahaahahahaaaaa Who will monitor the bids? GTFOH

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