LAGOS MAY 6TH (NEWSRANGERS)-The National Crime Agency (NCA) of the United Kingdom has announced the recovery of about $23.5 million in looted funds from the allies and family of a former Nigerian dictator, the late Sani Abacha. The funds were retrieved as part of a wider pool of funds identified by the United States Department…
LAGOS DECEMBER 3RD (NEWSRANGERS)-The 2019 audit report has revealed that the Central Bank of Nigeria recorded zero naira (nil) as recovered funds between 2016 and 2019 despite years of consistent recovery. Office of the Auditor-General for the Federation revealed this in its 2019 audit report published on its website. The report signed by Aghughu, Adolphus,…
LAGOS MAY 7TH (NEWSRANGERS)-Barely a week after helping to repatriate $311m (N118bn) stolen by the late Head of State, Gen. Sani Abacha, the United States says there is a separate $319m (N121bn) Abacha loot in the United Kingdom and France. The US Embassy in Nigeria said in a statement on Wednesday that there is $167m…
LAGOS MAY 5TH (NEWSRANGERS)-Chairman of the Presidential Advisory Committee against Corruption, Prof Itse Sagay (SAN), has reacted to the return of $300m looted by the late dictator, Sani Abacha. Attorney-General of the Federation and Minister of Justice, Abubakar Malami, confirmed the return of the looted funds on Monday in a statement by his Special Assistant…
LAGOS MAY 5TH (NEWSRANGERS)-The United States government yesterday issued a stern warning to the Muhammadu Buhari administration against any attempt to divert the $308 million to be repatriated from looted funds by former military dictator, the late General Sani Abacha, to help the fight against the deadly coronavirus, instead of expending the funds on the…
LAGOS MARCH 15TH (NEWSRANGERS)-The federal government has told the Socio-Economic Rights and Accountability Project (SERAP) that it “has no records of the exact amount of public funds stolen by a former military head of state, Sani Abacha and no records of the spending of about $5 billion recovered loot for the period between 1999 and…
LAGOS JUNE 26TH (NEWRANGERS)-Jersey Island has said discussions are ongoing with the Federal Government to repatriate to Nigeria £211m (N82bn) looted by a former military dictator, General Sani Abacha. Although authorities of the island said it could not make a comprehensive comment on the issue in an email exchange, it stated that provided that an…
