The Dabigal Blog
News

UK government recovers $23m Abacha loot

Advertisements

The UK government has recovered a whopping $23M Late General Sani Abacha loot.

Britain’s National Crime Agency (NCA) recovered the funds stolen from Nigeria by the country’s late military dictator Sani Abacha.

NCA, in a statement on Thursday, May 5, 2022, said the funds were retrieved as part of a wider pool of funds identified by the United States Department of Justice (USDOJ) as having been stolen out of Nigeria in the 1990s by Mr Abacha and his accomplices.

Abacha Loot

Billy Beattie, Asset Denial Senior Manager at the NCA said, “The NCA is committed to ensuring that the UK is not a safe haven for [email protected] to launder their proceeds of crime, and civil recovery of assets is a powerful weapon in this fi#ht.”

According to Transparency International, Abacha stole up to $5 Billion of public money when he ruled Nigeria from 1993 until his death in 1998, He was never charged.

The official also added that the NCA is committed to ensuring that the UK is not a haven for criminals to launder their proceeds of crime.

The statement added;

“The NCA is committed to ensuring that the UK is not a haven for criminals to launder their proceeds of crime, and the civil recovery of assets is a powerful weapon in this fight.

“We work closely with the UK and international partners to tackle the threat posed by corruption, which disproportionately impacts the poorest and most vulnerable members of society.

“We are committed to ensuring that those who perpetrate corruption do not benefit from their actions.”@

Related posts

“No woman who has ever tasted sxx can ever fully abstain” – Nigerian man

Hope Odabi

COVID-19: Facebook And Google Extend 2ork-from-home Plans For Employees Till 2021

Hope Odabi

FG approves COVID vaccine booster shots

Hope Odabi

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More