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Home Finance | Insurance | Pension

$23m Abacha loot: SERAP demands copy of agreement with US

EconomyFoot Print by EconomyFoot Print
August 28, 2022
in Finance | Insurance | Pension, News
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The Socio-Economic Rights and Accountability Project (SERAP) has demanded a copy of the agreement the Nigerian government signed with the United States of America over anticipated Abacha loot repatriation. 

SERAP asked President Muhammadu Buhari to direct the Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN) to provide SERAP of the $23 million stolen by late General Sani Abacha.

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Recall the United States government had last week signed an agreement with the Federal Government to repatriate $23 million Abacha loot to Nigeria, but details of the agreement hasn’t been publicly disclosed.

The letter was dated 27 August 2022 and signed by SERAP deputy director Kolawole Oluwadare.

SERAP said: “By the combined reading of the Nigerian Constitution 1999 [as amended], the Freedom of Information Act, and the country’s international obligations, there are transparency obligations imposed on your government to widely publish the agreement on the $23 million Abacha loot.”

SERAP said, “Providing us with a copy of the agreement with the US, and publishing the agreement would allow Nigerians to scrutinise it, and to monitor the spending of the repatriated $23 million Abacha loot to ensure that the money is not mismanaged, diverted or stolen.”

Tags: AbachaBuharicorruptionNigeria
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