More
    HomecrimeCourt Demands Accountability for $5 Billion Abacha Loot from Obasanjo, Yaradua, Jonathan,...

    Court Demands Accountability for $5 Billion Abacha Loot from Obasanjo, Yaradua, Jonathan, and Buhari

    Published on

    In a recent ruling, a Federal High Court in Abuja has instructed the disclosure of financial records concerning the approximately $5 billion Abacha loot that was recovered during the administrations of former Nigerian presidents Olusegun Obasanjo, Umaru Musa Yar’Adua, Goodluck Jonathan, and Muhammadu Buhari.

    The court has mandated that the government, under President Bola Tinubu, reveals the precise amount of funds embezzled by General Sani Abacha from Nigeria, the total sum of recovered Abacha loot, and all related agreements entered into by the governments of Obasanjo, Yar’Adua, Jonathan, and Buhari.

    This judgment was issued last week by Justice James Kolawole Omotosho, following a Freedom of Information lawsuit filed by the Socio-Economic Rights and Accountability Project (SERAP).

    Justice Omotosho stated, “Upon careful consideration, SERAP’s application is well-founded, and the Ministry of Finance, representing the Federal Government, is hereby instructed to provide SERAP with comprehensive expenditure details regarding the $5 billion Abacha loot within 7 days of this judgment.”

    Latest articles

    Bayelsa electricity coy assures timely installation of new 60MW power plant

        The Management of the Bayelsa Electricity Company Limited (BEC Ltd), says it is intensifying...

    Tinubu Initiative for National Transformation Commences Operations, Appoints Alhaji Nuhu Sani Babura as National Coordinator

      Abuja, Nigeria – May 15, 2025 – The Tinubu Initiative for National Transformation (TINT)...

    Flying Eagles had huge injury boost before their match against South Africa

    According to reports, midfielder Divine Oliseh is cleared to play for Nigeria against the...

    Aina set for new Nottingham Forest deal

    Ola Aina is close to agreeing to a new, long-term deal with Nottingham Forest,...

    More like this

    Bayelsa electricity coy assures timely installation of new 60MW power plant

        The Management of the Bayelsa Electricity Company Limited (BEC Ltd), says it is intensifying...

    Tinubu Initiative for National Transformation Commences Operations, Appoints Alhaji Nuhu Sani Babura as National Coordinator

      Abuja, Nigeria – May 15, 2025 – The Tinubu Initiative for National Transformation (TINT)...

    Flying Eagles had huge injury boost before their match against South Africa

    According to reports, midfielder Divine Oliseh is cleared to play for Nigeria against the...