• About Us
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Editorial Charter
  • Corrections Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home News General

‘It’s loot’ Nigerians slam FG for calling repatriated money Abacha assets

Freelanews by Freelanews
May 8, 2020
in General
0 0
0
SaniAbacha

The usage of “assets” instead of “loots” to describe funds recently recovered from the former Head of State, General Sani Abacha and returned by the United States, has courted the indignation of many Nigerians.

The Attorney General of the Federation (AGF) and Minister of Justice, Abubakar Malami (SAN), had taken to his Twitter account, @MalamiSan, on Monday to confirm the receipt of the fund.

“I am happy to confirm that the Federal Republic of Nigeria on Monday 4th May, 2020 received $311,797,866.11 of the Abacha assets repatriated from the United States and the Bailiwick of Jersey,” Malami had tweeted.

I am happy to confirm that the Federal Republic of Nigeria on Monday 4th May, 2020 received $311,797,866.11 of the Abacha assets repatriated from the United States and the Bailiwick of Jersey.

— Abubakar Malami, SAN (@MalamiSan) May 4, 2020

https://platform.twitter.com/widgets.js

Reacting to this, Lagos businessman and politician, Babatunde Olatere Gbadamosi (@BOGbadamosi) replied, “Abacha ‘assets’ or Abacha loot? Call it what it is, or tell us how that money became his ‘assets’.”

perfect aesthetic dental clinic perfect aesthetic dental clinic perfect aesthetic dental clinic

“If truly you are happy and you have also confirmed the money is Abacha’s asset. Then the money should be returned to his family or you tell Nigerians the truth that our money stolen by Abacha has been returned to us,” another user, Proudly Esan (@Angela201045315), wrote under the AGF’s tweet.

Bid Ibeobi replied, “Calling it Abacha loot is tantamount to committing political suicide. Till this date his paymaster is still living in denial.”

Aye Mojubar (@ayemojubar) said, “This statement has been written the sand of time and engraved on the granite of eternity, and each time people mention Abacha now or in the future, you will always be remembered for tagging a stolen money ‘Abacha assets’”.

Suleiman Abubakar asked, “How can anyone with a modicum of common sense and decency call our stolen funds Abacha assets? What was Abacha’s legitimate salaries as a military General? Those salaries are his assets, anything above those earnings is theft and stealing from the National treasury and is a loot.”

OjaSankara tweeted: “Lol no be only Abacha assets, Abacha’s loot dey fear you to talk? Talk am I dey here nobody go do you anything.. Call it what it is, LOOT! Buhari’s Boss and Friend was a LOOTER!”

The tweet by the AGF, which as of 6:30pm May 5 has garnered 1,300 Retweets and 4,100 Likes, continued to generate controversies.

Focus on fund utilisation, not rhetoric – Malami

However, reacting to the furore the tweet is generating, the AGF in a statement on Wednesday advised Nigerians to “look beyond verbal dexterity and vocal acrobatics, and focus more on effective utilisation of the recovered looted funds in accordance with the content of the signed tripartite agreement in the interest of the Nigerian public.

In the statement by his media aide, Dr Umar Gwandu, Malami said during the course of negotiations for the repatriation of the funds, he had always referred to the funds as Abacha loot, adding that calling it assets is not unusual.

“It may interest the general public to note that there is a unit called Assets Recovery and Management Unit (ARMU) at the Office of the Attorney-General of the Federation and Minister of Justice,” the statement read.

“The use of the word ‘assets’ in relation to the post-recovery of looted assets is to qualify the same as Federal Government assets.

“It is palpable that news about the successful return of the looted assets has brought nightmares to nay-sayers and pessimists who wanted to frustrate the repatriation process through a campaign of calumny. Hence, resorting to rhetoric instead of burying the heads in shame.

“The return of the looted funds demonstrates not only commendable efforts of the present government but also a pointer to the level of confidence, trust and respect the international community accorded the Buhari-led Federal Government.”

Choice of word an abuse of language – Lawyer

A human rights activist, Barrister Inibehe Effiong, told Daily Trust, that the explanation of the choice of word by the AGF is not satisfactory.

“It is astonishing that Mr. Malami referred to Nigerian money stolen from the country as “assets”.

“The word asset presupposes that the late dictator invested the funds and the Buhari administration is now getting a return on the investment,” he said.

The Lagos-based lawyer said he disagreed with the choice of word by the AGF, adding that “It is an abuse of language to refer to Abacha loot as assets.

“Mr. Malami’s choice of words may be an indication of his affectionate disposition towards the late dictator.”

“Language is important in interpreting historical events. We should not resort to insensitive euphemism when describing the atrocities of past leaders,” he added.

freelanews
Freelanews

Freelanews is the editorial byline of Freelanews.com, used for staff reports, news updates, press releases, and collaborative stories produced by the Freelanews Editorial Team.

Related Posts

Tinubu Tpain nickname
General

CAN Niger state appeals for fuel price reduction, food price regulation

by Oreoluwa Ojelabi
July 29, 2024
Screenshot 2021 08 19 at 21 58 47 general buhari Google Search 1
General

‘Buhari speaks’ After 75 months of ‘failure’ Buhari promises to do magic in 21 months

by Freelanews
August 19, 2021
Aminu Tambuwal
General

‘Worsening insecurity’ Sokoto Governor asks military chiefs to resign honorably

by Freelanews
January 2, 2021
kingdiary logo 4 scaled
General

Dapo Abiodun should learn governance from Gbenga Daniel, Wale Adedayo explodes (Video)

by Rtn. Victor Ojelabi
September 5, 2023
WhatsApp Image 2021 01 18 at 10.11.13 AM 1
General

‘Creating opportunities’ Glo begins NIN registration in retail outlets nationwide

by Freelanews
January 30, 2021

Leave a ReplyCancel reply

Tiktok Community

You're not logged into Tiktok, please login here
UBA bank ad UBA bank ad UBA bank ad

Recent News

ICPC

Breaking: ICPC questions Gbajabiamila over PFIPC fake agency scandal

July 20, 2026
Nigerian

Nigerian lawyer seeks revocation of US Pastor’s adoption rights over orphan

July 20, 2026
PFIPC

Breaking: Federal secretariat office used by PFIPC was allocated to OSGF, says HoS

July 20, 2026
Borno

Borno police arrest 2 over ₦39.2m bank fraud

July 20, 2026
  • Trending
  • Comments
  • Latest
N250k signature

Abiodun vs Amosun: N250k signature plot deepens Ogun political crisis ahead Tinubu visit

April 3, 2026
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
james akaie

Nollywood SFX makeup artist James Akaie allegedly dies after explosion on Abeokuta movie set

January 13, 2026
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
ICPC

Breaking: ICPC questions Gbajabiamila over PFIPC fake agency scandal

July 20, 2026
Nigerian

Nigerian lawyer seeks revocation of US Pastor’s adoption rights over orphan

July 20, 2026
PFIPC

Breaking: Federal secretariat office used by PFIPC was allocated to OSGF, says HoS

July 20, 2026
Borno

Borno police arrest 2 over ₦39.2m bank fraud

July 20, 2026
ADVERTISEMENT
July 2026
SMTWTFS
 1234
567891011
12131415161718
19202122232425
262728293031 
« Jun    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Today’s Popular

  • Abuja

    Three young men killed in fatal Abuja road crash

    0 shares
    Share 0 Tweet 0
  • Breaking: Federal secretariat office used by PFIPC was allocated to OSGF, says HoS

    0 shares
    Share 0 Tweet 0
  • FAAJI-LAWA with Yomi Fash-Lanso Series 2 lights up Lagos nightlife (Photos)

    0 shares
    Share 0 Tweet 0
  • Nigerian arrested in India with ₦1.4bn Meth Haul

    0 shares
    Share 0 Tweet 0

Just Published!

ICPC

Breaking: ICPC questions Gbajabiamila over PFIPC fake agency scandal

July 20, 2026
Nigerian

Nigerian lawyer seeks revocation of US Pastor’s adoption rights over orphan

July 20, 2026
PFIPC

Breaking: Federal secretariat office used by PFIPC was allocated to OSGF, says HoS

July 20, 2026
Borno

Borno police arrest 2 over ₦39.2m bank fraud

July 20, 2026
NEMA

NEMA intensifies search for two missing in Kaduna river

July 20, 2026
No Result
View All Result
  • About Us
  • Contact
  • Cookie Policy
  • Editorial Charter
  • Corrections Policy
  • Advertisement

© 2025 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2025 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.