{"id":113203,"date":"2024-07-12T20:22:09","date_gmt":"2024-07-12T19:22:09","guid":{"rendered":"https:\/\/pointblanknews.com\/pbn\/?p=113203"},"modified":"2024-07-12T20:22:09","modified_gmt":"2024-07-12T19:22:09","slug":"fg-told-to-recover-460-million-laundered-to-cayman-island-by-mohammed-abacha-chagoury","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/news\/fg-told-to-recover-460-million-laundered-to-cayman-island-by-mohammed-abacha-chagoury\/","title":{"rendered":"FG told to recover $460 million laundered to Cayman Island by Mohammed Abacha, Chagoury"},"content":{"rendered":"<div id=\"m#msg-f:1804379454075905222\" class=\"mail-message expanded\">\n<div class=\"mail-message-header spacer\" style=\"text-align: justify;\"><\/div>\n<div class=\"mail-message-content collapsible zoom-normal mail-show-images \" style=\"text-align: justify;\">\n<div class=\"clear\">\n<div dir=\"auto\">\n<div dir=\"auto\">By Bayo Davids<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">FG told to recover $460 million laundered to Cayman Island by Mohammed Abacha, Chagoury<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">\nA foremost civil society organization, the Niger Delta Peace Vanguard, has called on the Federal Government to immediately recover a whooping some of $460 million allegedly laundered to Cayman Island by family of late dictator, Sanni Abacha and their accomplice, the Chagoury family.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">The Niger Delta group in a statement issued on Thursday and signed by the quartet of Dr. Boma Princewill, Comrade Preye\u00a0 Nimijack,\u00a0 Ms Queenet Morgan and\u00a0Hon Festus Zifawei, which Pointblanknews.com has a copy warned that the Abacha family does not own Nigeria.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">According to the statement, \u201cWe invite President Bola Tinubu to immediately take decisive action to recover the $460 million USD that was laundered from Nigeria to Switzerland and subsequently to Cayman Island by Mohammed Abacha and his criminal\u00a0 accomplices the Chagoury brothers , the so-called Nigerian born Lebanese.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">\u201cThis substantial sum remains in a bank account under the name of a Lebanese-Brazilian ex-governor of S\u00e3o Paulo, Mr. Malouf, who has already confessed to Brazilian authorities, that the funds belongs to Mohammed Abacha and Abubakar Atiku Bagudu (Nigeria\u2019s current Minister for Budget and Economic Planning). Recovery of these funds would serve as a strong message against corruption while benefiting Nigeria\u2019s economy.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">\u201cWe call on President Bola Ahmed Tinubu to extend his research and beam his searchlights on Jordan,\u201d adding that \u201cThere is hard core cogent and verifiable evidence that substantial portion of the Abacha loot were domiciled in that Middle East County.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">\u201cWe equally call on Mr. President to without delay\u00a0 commence an investigation on Mr. Mohammed Abacha, as his feeling of being untouchable is now becoming counterproductive to our dear nation. We expect that in no time he should be investigated, tried and sent to jail where he rightfully belongs.\u201d<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">It further gave the younger Abacha 14 days \u201cfrom the date of this publication to withdraw the misleading letter he addressed to the Honorable Minister of State for Petroleum, in which he deliberately misrepresented facts and claimed that issues surrounding the Malabu Oil &amp; Gas OML 245 issues remain unresolved. Failure to comply will result in immediate legal action initiated against him for contempt as well as\u00a0 economic sabotage.\u201d<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">\n<div dir=\"auto\">It reads in part, \u201cWe take strong exception to Mohammed Abacha&#8217;s damaging\u00a0 Nigeria Image, reputation and economy.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">\u201cIt is imperative to bring to attention the obstructive and detrimental actions of Mohammed Abacha, which are severely hindering the progress of the government.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">\u201cHis insistence and advertisement of falsehood by making attempts on resurrecting controversial issues surrounding the Malabu Oil and Gas, OML 245 despite numerous legal setbacks spanning over 24 years and involvement the Nigerian government,\u00a0 leadership of Malabu Oil and Gas and other stakeholders which have all been successfully resolved, threatens to derail crucial national advancements.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">\u201cBy continually filing frivolous and baseless cases, Mohammed Abacha is doing nothing more than creating unnecessary turmoil and casting a shadow on Nigeria\u2019s reputation, and thereby engaging in economic sabotage.\u201d<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">According to the group, the son of the late maximum ruler has been relentless in filing frivolous lawsuits aimed at creating an impression of unresolved issues relating to the Malabu Oil &amp; Gas OML 245.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">\u201cHowever, because these cases lack merit they were often dismissed because Mohammed Abacha has been unable to establish any legitimate connection with Malabu Oil &amp; Gas or prove his membership on its board. These repeated failures in court expose his motives as obstructive rather than constructive, wasting precious judicial resources, attempting to delaying justice and constituting himself as a clog in the wheel of progress in Nigeria and the petroleum sector<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">\u201cThe Federal Government must take note that Mohammed Abacha is tarnishing Nigeria\u2019s Image by clinging to these defunct legal battles, he is simply contributing to a narrative that portrays Nigeria as a country embroiled in scandal and corruption, and this does not only\u00a0 demarkets Nigeria but also, discouraging potential investors and tarnishing the nation\u2019s international standing.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">\u201cSuch harmful actions are counter-productive to the administration&#8217;s efforts to engender a transparent and economically prosperous Nigeria.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">\u201cUnknown to Mohammed Abacha, his greed and relentless pursuit of dubious claims further desecrate the already controversial legacy of his late father, General Sani Abacha. His actions display an alarming lack of respect and seem driven by a selfish desire for wealth rather than national interest.\u201d<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">That said, the group urged Nigerians to ask Mohammed where he was at the night of his father&#8217;s burial in 1998.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">\u201cWe use this medium to call on well meaning Nigerians to question Mohammed Abacha about his whereabouts on the night of his father\u2019s burial in Kano State.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">\u201cIt is an open secret that instead of mourning and paying respects to his late father, he reportedly absconded with his\u00a0 security personnel to the Presidential Villa in Abuja to retrieve stashed foreign currencies.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">\u201cHis apprehension by security operatives was only quelled out of respect for his family during their time of mourning. Such behavior underscores his lack of integrity and respect for national sentiments, and Nigerians should refuse to be further embarrassed by his actions.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">\u201cNigerians deserve to know the whereabouts of Mohammed Abacha\u2019s younger brother, Abba Abacha, so they should as Mohammed Abacha. Abba Abacha has been allegedly convicted of money laundering and other related offences in Switzerland. The Abacha family\u2019s continued involvement in financial scandals has caused enough humiliation for the country, rather than constituting a public nuisance, they should hide their faces in abject contrition.&#8221;<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"mail-message-footer spacer collapsible\" style=\"text-align: justify;\"><\/div>\n<\/div>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>By Bayo Davids FG told to recover $460 million laundered to Cayman Island by Mohammed Abacha, Chagoury A foremost civil society organization, the Niger Delta Peace Vanguard, has called on&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":79045,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-113203","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - 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