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ABACHA LOOT : Focus On The Utilisation Of The Funds – Malami To Nigerians



The Attorney-General of the Federation and Minister of Justice, Abubakar Malami has fired back at those criticizing him for describing the recently repatriated Abacha loots as “Abacha assets”. 

In a statement released by Malami’s Special Assistant on Media Dr Umar Gwandu, the AGF told his critics to focus on utilization of the repatriated funds and not his rhetoric. 

He insisted that his choice of words was deliberate, as the use of the word `assets’ in relation to the post-recovery of looted funds is to qualify same as federal government assets.

The statement reads in part; 

“It is to be noted that by way of antecedence, I have been consistently describing the recovered funds as “Abacha loot” at several fora during the process of recovery particularly before the eventual repatriation of the funds.

“The point needs to be made that when the seal of legitimacy was appended to the funds by way of repatriation it became an asset in favour of the Federal Government as a beneficial owner of same.

“Beyond the issues of verbal dexterity and vocal acrobatics, Nigerians should focus more on the effective utilisation of the recovered funds in accordance with the content of the signed tripartite agreement in the interest of Nigerians.

“It is palpable that news about successful return of the looted assets have brought nightmares to nay-sayers and pessimists who wanted to frustrate the repatriation process through a campaign of calumny.

“They resorted to rhetoric instead of burying their heads in shame.”

Focus on utilization of funds and not me describing Abacha


I am Paschal Ogechi Obi Chikero . I have written and published three books , I wrote Festus Keyamo's biography- Lion In Isolation .I have been a Reality TV show Producer/Creator, an Actor and Film Script Writer.

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