Thursday, June 19, 2014

FG drops N100b Stolen Funds charges Against Mohammed Abacha


The Federal Government on Wednesday June 18th withdrew the corruption charges filed against Mohammed Abacha, son of former military Head of State, Gen. Sani Abacha, the News Agency of Nigeria reports.

Mohammed who played a major role during his late father's administration is believed to have helped the late dictator launder a lot of stolen funds. The FG had accused Mohammed Abacha of receiving stolen property worth N100.38 billion, many of it kept in foreign countries.

The Federal government recently asked the US govt to return another $500 million recently frozen by the U.S. as part of funds stolen by the late dictator.

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