Looted funds: Abacha is innocent, loots were stolen by his successors - Al-Mustapha

Looted funds: Abacha is innocent, loots were stolen by his successors - Al-Mustapha

- Major Hamza Al-Mustapha has said that the funds being repatriated by foreign banks were never looted by late Sani Abacha

- Al-Mustapha said his principal is being accused of looting funds that were stolen by leaders who took over power after his death

- According to Al-Mustapha, during the regime of Abacha, Nigeria's foreign reserve rose from $200 billion to $900 billion

A chief security officer to a former Nigeria's military head of state, late Sani Abacha, has said that his principal is innocent of allegations of looting funds from the nation's coffers.

Speaking on Voice of America, Hausa Service in Kaduna on Thursday, February 6, Major Hamza Al-Mustapha said reports that monies in multi-million were stashed in foreign banks by Abacha are all lies.

Al-Mustapha said the funds said to have been allegedly looted by his boss and returned by some countries were stolen by Abacha's successors.

He said, as at the time Abacha assumed leadership there was about $200 billion in the country's foreign reserve.Al-Mustapha said as, at Abacha's death, Nigeria's foreign reserve rose to $900 billion.

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Describing the late dictator as someone who stepped many toes during his regime, Al-Mustapha said some detractors who are still angry with Abacha are sponsoring the lies of looted funds.He said all the money being repatriated were looted by leaders who served after the death of Abacha.

Looted funds: Abacha is innocent, loots belong to his successors - Al-Mustapha

Al-Mustapha said the funds being repatriated by foreign banks were looted by Sani Abacha's successors
Source: Getty Images

Al-Mustapha said: “I was forced to implicate the leadership of the defunct PTF under President Buhari then, during the military era."

"If there will be a genuine fight against corruption in Nigeria, many people will be arrested," Al-Mustapha added.

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Meanwhile, Legit.ng previously reported that the US said it will repatriate $308 million dollars looted by the late military general to Nigeria.

The United States in an agreement with the Nigerian government said the US will monitor to use of the funds which would be used for the construction of the Lagos-Ibadan Expressway.

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Source: Legit

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