- The Abacha loot will be used for the construction of roads in Kano, Abuja and Lagos
- Part of the fund will also be used for the construction of the second Niger bridge
- This disclosure was made by the AGF Abubakar Malami on Wednesday, April 8
- Malami denied claims that the money will be shared among some individuals in the country
Abubakar Malami, the attorney-general of the federation, has debunked claims that the federal government intends to share the Abacha loot with some persons in the country.
Malami on Wednesday, April 8, said that the Nigerian government is committed to the tripartite agreement reached by the United State of America (USA) and the Island of Jessy for the repatriation of over $300 million funds.
The AGF and minister of justice pointed out that according to the signed agreement, the funds will be used for the construction of the Abuja-Kano, Lagos-Ibadan expressways and the second Niger bridge.
He categorically stated that it is impossible for the government to "hand over some amount of money to a third party not expressly mentioned in the agreement after the three countries concerned signed an agreement on what to do with the repatriated funds."
Meanwhile, Legit.ng reported that Major Hamza Al-Mustapha, the chief security officer to former Nigeria military head of state, late Sani Abacha, has opened up on looting of the nation under the administration of his boss and how the never-ending funds were taken out of the country.
Speaking in an interview on issues surrounding the deceased military leader, Al-Mustapha said the first time he heard the word 'loot' in connection with the federal government was when he was in Kirikiri prison.
The former CSO went on to explain that he wasn't consulted and also had nothing to do with the money as he was embarrassed to hear the word loot. According to him, he was uncomfortable when loot is mention during Abacha's regime because he knew how prudent the late head of state was.
Al-Mustapha speaking on how the money left Nigeria, said: "What I know is that there was a time sanction were imposed on Nigeria by the UK, the US and two other countries and that was at the behest of some senior Nigerians who believed that they must fight Gen Abacha.
"But to counter the sanctions, then-Head of State requested to talk with stakeholders from across Nigeria, north, and south, and there was a discussion on the sanctions and the threat against the country; the meeting held in Abuja but outside the Villa because of the size of the people in attendance that was bigger than the size of the Conference Hall inside the Presidency.
"The agreement at that meeting was to take funds outside into the hands of people in the private sector so that the nation could still import and export to, at least, beat the sanctions. That I know of."
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