Thursday, 17 December 2015

Abacha Loot Account Almost Empty

National Economic Council, NEC was told at its meeting at the Presidential Villa, Abuja yesterday that the Abacha loot accounts had $26m and £19m as balance.

The meeting was presided over by Vice President, Yemi Osinbajo.

Recall that former Finance Minister, Dr Ngozi Okonjo-Iweala recently disclosed that she released $300m and £5m from the accounts to former NSA, Col Sambo Dasuki for arms procurement.

She also said that $700m was being expected.

So, where has all the money gone to?

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