HighlightTop Story

$500m Abacha Loot: Malami’s traducers should stop chasing shadows, APC group advises

116
By Stella Igwe-Adesoga, Per Second News

In the wildness of our gutter politics, the players are moving in circles, chasing themselves in a bid to feed the public with false reports, said the All Progressives Congress (APC) Grassroots Youth for Change on Tuesday.

The group has advised those who are desperate to tarnish the reputation of the Minister of Justice and Attorney General of the Federation (AGF), Mr. Abubakar Malami (SAN), to stop chasing shadows.

“Those behind this odious smear campaign are so infantile in their approach that they have easily given themselves away as pursuing a selfish agenda.

The group reacted yesterday to a syndicated media report that the United States Government had blocked lawyers engaged by Malami from “taking a cut as legal fees” from the $500 million Abacha loot in that jurisdiction.

“They seem now to be more concerned about service charge by lawyers more than the judicious utilisation of the principal sums, creating the impression that their back-end sponsors were interested either in Malami’s position or in the contract given to the Nigerian lawyers, the group said in a statement.

“Reducing their ill-motivated campaign to cut-taking is the low that they have sunk in their desperate bid to render Malami’s assignment and role questionable. We have reasons to believe that the US did not give Nigeria the condition that the lawyers engaged should not be paid.

“We also treat with a pinch of salt the media report that the US gave a condition that it would only deal with Nigeria on a government-to-government basis for the repatriation of the $500 million Abacha loot.

“For us, nothing has detracted from inter-government transactions in the repatriation process.  But it amounts to exertion of the fertile imagination of the author of the media report that the US would dictate to Nigeria how its side of the legal processes for the completion of the funds’ repatriation should be managed.

“Our group is aware that before the US visit by President Buhari, the Nigerian lawyers engaged by Malami have been appearing in the cases in respect of the USD20 million in London, USD300 million in Jersey and USD150 million in France all frozen for the benefit of the United States of America.

“Sincerely, it is not in the place of the United States government to dictate to the Nigerian government how to deal with contract properly entered into with the Nigerian lawyers in respect of the repatriation process. 

“We also hold the view that Nigerian government was better positioned to determine whether or not it needed the services of lawyers to guide it in the process of putting finishing touches to the repatriation of the Abacha loot. 

“It smacks of sheer mischief and irresponsibility the claim that the repatriation process had been completed.  If it had been completed, why were the funds still detained in the respective jurisdictions and who says legal services were not longer needed?”

The group recalled how “these traducers made hue and cry about the payment of five percent on the value of $322.5 million to the Nigerian lawyers that Malami engaged to complete the repatriation of the funds from Switzerland.

“That was after the Swiss lawyer, Mr. Enricho Monfrini, who began the process had reapplied for the job at the inception of the APC- led federal government and asked for a fresh 20 percent as service charge to complete it.

“A piece of credible information at our disposal indicates that at the point of reapplying for the job to complete the repatriation of the funds, the Swiss lawyer did not disclose that he had been paid by the previous government and how much exactly he had been paid.

“The Swiss lawyer curiously claimed, after his bid to get Malami to accept his offer had failed, that he had already been paid for the services he rendered. He, however, did not disclose how much he was paid.”

The group said that, having reviewed the development, it was convinced that Malami acted in the national interest by terminating Monfrini’s contract and engaging the team of Nigerian lawyers to complete the repatriation process in Switzerland and the United States.

The group urged Malami to discountenance the unnecessary distractions and fix his eyes on the ball of his responsibilities as Minister of Justice and AGF.

The report had claimed that some unnamed sources said that officials of the US Department of Justice (DoJ) had told President Muhammadu Buhari during his recent US visit that they would not deal with any third party in the restitution of the funds.

But the group, through its National Coordinator, Mr. Orlu Henry Manuchimso, dismissed the report as “contrived”, saying it was a continuation of the “desperate and despicable scheme by some back-end sponsors and vested interests to taint Malami’s good work.”

 

 

Leave a comment

Related Articles

Tinubu to Dutch PM: Nigeria’s lithium deposits can power world’s clean energy future

President Bola Tinubu says Nigeria’s high-grade lithium deposits are a catalyst for...

NNPC Ltd signs agreement with African Refinery to build 100,000-bpd facility at Port Harcourt Refinery

In a bid to further boost local refining capacity, the Nigerian National...

Gov. Abiodun Appoints Tunde Onakoya, National Master of Chess, Ogun Sports Ambassador

Tunde Onakoya, the National Master of Chess and the current Guinness World...

World Malaria Day: Why the War against Malaria matters 

By Paul Ejime It is another World Malaria Day (WMD) today, one...

Cause of Tightness in Fuel Supply Resolved – NNPC Ltd.

The Nigerian National Petroleum Company Limited (NNPC Ltd) said on Thursday that...

Sen. Ayogu Eze, one-time Senate spokesman, exits at 65

Senator Ayogu Eze, a former spokesman of the Senate in the 6th...

Nigeria, 15 other countries receive $36.5m funding to combat Trachoma

With Africa ranked as the most affected continent by trachoma, Nigeria and...

Paris 2024: Nigeria Olympians Association Commends Sports Minister, Solicits Synergy

The Executive Board of the Nigerian Olympians Association has lauded the Minister...

Another aviation disaster averted in Lagos – passenger and ex-DG, federal agency

A former director-general of the Bureau of Public Service Reforms (BPSR), Dr....

Breaking: Fire at Lagos airport, flights diverted

An early Thursday morning fire has been reported at the E54 Bridge...

Rainstorm damages Niger prison as 118 inmates escape

No fewer than 118 inmates of the Medium Security Custodial Centre in...

Another Commissioner quits in Rivers State

The River State Commissioner of Finance, Mr. Isaac Kamalu, has resigned as...

Ex-Gov. Bello’s impudence: Redeploy Kogi CP, State Forum of Concerned Citizens urges IGP

Following the outrage over the resistance to arrest by ex-Gov. Yahaya Bello...

Pres. Tinubu Approves Consumer Credit Scheme Takeoff

President Bola Tinubu has approved the takeoff of the first phase of...

Renewed Wike/Fubara feud: Rivers Attorney-General Adangor resigns again

For the second time in a few months, an ally of FCT...

Dana Air incident: FAAN reopens MMIA runway

Aftermath of Dana airlines overshooting the runway during its landing sequence at...

Bello withdrew $720,000 from state account for his children’s school fees – EFCC Chair Olukoyede

Ex-governor of Kogi State, Mr. Yahaya Bello, withdrew $720,000 from the state...

Just in: EFCC arrests Ex-Aviation Minister Sirika over alleged N8bln fraud

The Economic and Financial Crimes Commission has arrested former Minister of Aviation,...

EFCC to ex-Gov. Bello: We will set aside arrest warrant if you show up in court

“I will personally apply that the arrest warrant be set aside if...

Just in: Again, Dangote further crashes diesel, aviation fuel to N940, N980

Dangote Petroleum Refinery has announced another reduction in diesel and aviation fuel...