The loot of former Nigerian President General Sani Abacha is not going to go away just like that as fresh loot is discovered. We have been hearing about countries signing agreements with the federal government of Nigeria to return money for about 20 years now.
Many people have been asking how much is the Abacha loot? That question Nigeria can’t answer, even Abacha himself would not know how much exactly the money he had carried out of Nigeria to foreign lands.
That is why the loot can’t finish in 100 years. The money keeps multiplying because it was invested and that is why the money comes in a bit.
Another thing that will be difficult for Nigerian authority to discovered is how much they have collected so far and the projects they have completed with the huge amount of money.
Some countries which have agreed to send Abacha’s loot includes:
The United States of America and the Island of Jersey on Monday agreed to repatriate the sum of $318,460,329. This is the latest. And the government said it will be used to fund, the Lagos-Ibadan Expressway, the Abuja – Kano Expressway, and the Second Niger Bridge.
In 2016, Switzerland confirmed the repatriation of $723 million to the Nigerian government.
In 2014 Liechtenstein also confirmed that they returned $227 million to Nigeria from Abacha’s loot. Many Nigerians have not heard the name of this country before. It is called the Principality of Liechtenstein which is the sixth smallest country in the world. It lies between Switzerland and Austria.
Apart from Liechtenstein, there might be other countries we have not discovered where Abacha’s loot may be found.
Also in 2014, the United States Department of Justice (DOJ) announced that $480 million was returned to give the Nigerian government, still from the Abacha’s loot.
I don’t want to calculate all the money returned so far, I just mentioned but a few to avoid many other things. If you try to reason how much is the whole money it can cause a big headache for you.
God, please help African leaders and delivered them from corruption.