Before the mysterious death of Nigeria’s former Military Head of State, Sani Abacha,
he looted at least $2 billion of the country’s wealth and stashed the
money in Swiss and Luxemburg bank accounts. His son, Abba was convicted
in 2010 for his role in the plundering of Nigerian funds. His trial in
another corruption related suit is still on going in Swiss court.
The Ambassador of Switzerland to Nigeria, Hans-Rudolf Hodel
however said yesterday in Abuja that the Swiss government has so far
returned $700 million to the Nigerian government from the billions
looted.
According to The Will,
the Ambassador said during a press briefing by the Swiss Embassy on
money laundering and terrorism that Nigeria was not the only country the
Swiss government has returned stolen funds to. He said his government
has so far returned over N1.7 billion dollars to the governments of
Nigeria, Angola, Peru and the Philippines adding that they remain
committed to returning funds stolen from African states and other
developing nations by corrupt leaders.
This revelation by the Swiss Ambassador
now raises more questions. Where is the money? What has been done with
these returned funds from the Swiss government?
The federal government of Nigeria has
not come clean with what it has done with all the funds it has managed
to recover not only from the Swiss government, but from most of the
thieving ruling class. In the face of dire economic challenges we face
as as a result of the mishandling of funds meant for the nation’s
development, Nigerians deserve an explanation.
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