National Issues

Abacha loot: Mai Gaskiya, can you see your world in the open? |  By Festus Adedayo

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late General Sani Abacha

Profound apologies that I chose to do a literal translation of Yoruba into English in the above headline. Can you see your world in the open is a direct translation of the Yoruba se o r’aye e l’ode? It’s deployed at a moment of extreme let-down, incomparable frustration, an intersection where a misdemeanor has absolutely ridiculed and discredited the person in question.

The heist of the late General Sani Abacha, stashed away in different countries of the world, that are coming in droves back to the country, is my subject.

This was a heist which the self-same Nigerian president, Muhammadu Buhari, had persistently denied as non-existent, literally beatifying his late benefactor, Sani Abacha, as above board.

Excluding tranches of the loot recently returned to Nigeria, the countryside’s has, in the past 18 years, recovered $4.6 billion (1.4trn) of her treasury looted by Abacha. While the United States Embassy in Nigeria recently announced the sum of $319m (N121bn) loot repatriated from the United Kingdom and France and handed back to Nigeria, this repatriated fund was different from one of about a week ago where the sum of $311 million Abacha loot from the US and the Bailiwick of Jersey were also funneled back into the country.

In a statement last week, the embassy said: “The funds returned last week are distinct and separate from an additional $167m in stolen assets also forfeited in the United Kingdom and France, as well as $152m still in active litigation in the United Kingdom.”

At every point of the looted funds’ repatriation to Nigeria, these countries where the looted funds were earlier domiciled diplomatically but unambiguously made it known that they do not trust Nigerian leaders not to re-loot the looted funds. In fact, their trenchant shouts while returning the funds are revelatory of their disposition.

The one of February, 2020 even came with the caveat and a tripartite agreement signed by Nigeria with the US government and the Bailiwick of Jersey that upon the return of the money, it would be spent on specific infrastructure projects, to wit the Lagos-Ibadan Expressway, Second Niger Bridge and the Abuja-Kano Expressway.

 At another point, there were frenetic moves by the US and United Kingdom governments against the plan of the Nigerian government to gift Abubakar Atiku Bagudu, Kebbi State governor, who was alleged to be an enabler and accomplice of the laundered money, the sum of $110 million out of the recovered funds.

Recently too, a warning came from the United States Justice Department that, should Nigeria fail to spend the repatriated funds on the agreed public projects, she would refund the money.

I don’t know if you know that these veiled threats didn’t come without an underlining perception or intelligence reports about our government’s disposition to public funds in its care. Nigerian governments, the so-called Mai Gaskiya’s inclusive, are known to the globe to be rapaciously corrupt, adding to this corruption medal another medallion of shamelessness. The way the globe polices monies that are Nigeria’s but stolen by a Nigerian despot of incomparable filching mentality, is embarrassingly unprecedented. Can Mai Gaskiya see his world in the open is the most fitting epithet to describe this shamelessness

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