Falana asks EFCC to probe FG over $4bn recovered Abacha loot

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Femi Falana

A human rights lawyer, Mr. Femi Falana (SAN), has
petitioned the acting Chairman of the Economic
and Financial Crimes Commission, Mr. Ibrahim
Magu, asking him to probe the Federal Government
over the $4bn recovered from the late maximum
ruler, Gen. Sani Abacha.

Falana said in a letter on Saturday that the Federal
Government had failed to account for the money
which was recovered in tranches between 1998
and 2014.
The senior advocate said the Socio Economic
Rights and Accountability Project had approached
a Federal High Court to compel the Office of the
Accountant-General of the Federation to account
for the recovered funds but that despite getting the
court order, the OAGF refused to provide the
information.
Falana said, “From 1998 to 2014, the Federal
Government successfully recovered over $4bn from
the Abacha loot. However, based on the refusal of
the Office of the Accountant-General of the
Federation to account for the recovered loot,
SERAP applied to the Federal High Court for an
order of mandamus

“Even though the court granted the order, the
Federal Government has failed to account for the
recovered loot. In the circumstances, we have
submitted a petition to the EFCC to investigate the
alleged criminal diversion of the recovered loot.”

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