The Socio-Economic Rights and Accountability Project (SERAP) has given the federal government seven days ultimatum to disclose the exact amount stolen by the former dictator, General Sani Abacha or face legal action.
The human rights group is also demanding details of spending of about $5bn returned loot since 1999. They said the details must include locations of projects, names of contractors and the World Bank’s roles.
“We’ve asked the Nigerian government to disclose within 7 days or face legal action the exact amount stolen by late dictator Sani Abacha & details of spending of about $5bn returned loot since 1999; like locations of projects, names of contractors & World Bank’s roles,” part of their statement reads.
The US Government and the federal government had entered into an Asset Recovery Agreement to repatriate over US$308 million of forfeited assets to Nigeria on Monday, 3 February 2020.
“The funds were laundered through the US banking system and then held in bank accounts in Jersey in the name of Doraville Properties Corporation, a BVI company, and in the name of the son of the former Head of State of Nigeria, General Sani Abacha. In 2014 a U.S. Federal Court in Washington DC forfeited the money as property involved in the illicit laundering of the proceeds of corruption arising in Nigeria during the period from 1993 to 1998 when General Abacha was Head of State,” part of the statement released by the US Mission in Nigeria reads.