Following the bilateral agreement reached by the government of Nigeria and that of the United States over the return of $480 million looted by the late Head of State, General Sani Abacha – a former Minister of Finance might be summoned by the EFCC for questioning over another £22.5 million Abacha loot which its whereabout cannot be traced.
According to The Nation, the said money was recovered from the Island of Jersey by the Jonathan administration.
The then AGF opened talks with the government of the Island of Jersey, who cooperated with the Nigerian government. However, the money is said to have disappeared without a trace after it was returned.
According to a source with knowledge to the situation, the federal government has open investigation into the missing money because it is unclear if the money was remitted to the federal government account or if it was misappropriated by the Goodluck Jonathan administration.
“During the administration of ex-President Goodluck Jonathan, the ex-Minister was said to have declared that the money had been spent. The records of the transactions are not just there at all. This development has created much suspicion on the whereabouts of the Abacha loot.”
“The EFCC might invite the ex-Minister for questioning if it cannot trace the records of the recovered loot.”
The EFCC investigators are probing whether the cash was actually returned into the government’s coffers or diverted into a personal account.”
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