{"id":61571,"date":"2018-04-09T14:44:31","date_gmt":"2018-04-09T13:44:31","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=61571"},"modified":"2018-04-09T14:44:31","modified_gmt":"2018-04-09T13:44:31","slug":"abacha-loot-the-myth-and-the-propaganda","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/articles-opinions\/abacha-loot-the-myth-and-the-propaganda\/","title":{"rendered":"Abacha Loot: The Myth and the Propaganda"},"content":{"rendered":"<p>ByJohn Ainofenokhai<\/p>\n<p>TheSwiss government last week confirmed, through its ambassador to<br \/>\nNigeria, Chad,Niger and the Economic Community of West African States, Mr.<br \/>\nEric Mayoraz in anexclusive report with Daily Sunnewspaper that<br \/>\nSwitzerland had returned the remainder of Nigeria\u2019s public fundslooted and<br \/>\nstashed by the late Head of State, General Sani Abacha, in some<br \/>\ncodedaccounts in the countries of Switzerland, Liechtenstein and<br \/>\nLuxembourg.<\/p>\n<p>Thatconfirmation came on the heels of an article, written by an<br \/>\nAbuja-basedjournalist, Mr. Sufuyan Ojeifo, which was published in some<br \/>\nnewspapers andonline news portals wherein he asserted that $322 million<br \/>\nhad been repatriatedaccording to information he received from some<br \/>\ncredible grapevines in Abuja.\u00a0 That report, in a way, underscored and<br \/>\nstillunderscores the integrity of the President Muhammadu Buhari\u2019s<br \/>\ngovernment.<\/p>\n<p>Thefinal figure (reportedly made up of $250 million from Liechtenstein and<br \/>\n$72million from Luxembourg) is $1 million more than the figure of $321<br \/>\nmillion thathad hitherto been widely reported to be the remainder.\u00a0 This<br \/>\nis worthy of commendation.\u00a0 It is a product of transparent and<br \/>\ntransformationalleadership provided by Buhari.<\/p>\n<p>Hispoint man in the Ministry of Justice, Mr. Abubakar Malami (SAN), who is<br \/>\ntheMinister of Justice and Attorney General of the Federation, should also<br \/>\ngetsome plaudits for acquitting himself creditably in the final process<br \/>\nleading tothe repatriation.<\/p>\n<p>Malamihas been a subject of some myth and propaganda contrived by some<br \/>\nforces withinand outside some official quarters in Abuja aimed at<br \/>\ndiscrediting him and theengagement of some Nigerian senior lawyers who<br \/>\nhelped to scrutinize, vet andtidy up the Memorandum of Understanding (MoU)<br \/>\nsuch that a trilateral agreement crystallizedfrom it on December 7, 2017.<\/p>\n<p>Malamiwas in company with the team of Nigerian lawyers led by Mr. Oladipo<br \/>\nOkpeseyi(SAN) at the signing of the MoU by the Swiss government, World<br \/>\nBank and Nigeriaat the inaugural Global Forum on Assets Recovery (GFAR) in<br \/>\nWashington DC in theUnited States of America for the repatriation of the<br \/>\nmoney which must be channeledinto some national safety net projects. \u00a0Part<br \/>\nof the provisions of the MoU is that theWorld Bank would monitor the<br \/>\nprojects on which the money would be expended toguard against<br \/>\nmisappropriation.\u00a0 This isalso a welcome development.<\/p>\n<p>Butwhat is, however, reprehensible is the attempt by some forces back home<br \/>\ntoinsinuate that the decision by Malami to engage some Nigerian lawyers<br \/>\ntocomplete the processes involved in the signing of the MoU was an attempt<br \/>\ntore-loot the repatriated fund.\u00a0 Theirargument is hinged on their claim<br \/>\nthat the process had been completed by theSwiss lawyer, Enrico Mofrini,<br \/>\nwho started the process of tracing, confiscationand repatriation of the<br \/>\nlooted funds in 1999.<\/p>\n<p>Theirargument was obviously to rebut Malami\u2019s claim that the process had<br \/>\nnot beencompleted which was the reason he engaged the Nigerian lawyers<br \/>\nafter Mofrinireapplied to complete the process on a fresh payment of 20<br \/>\npercent professionalfees on the value of the money.\u00a0 Malamihad, in his<br \/>\ncounter offer, expressed the willingness of the Nigerian governmentto pay<br \/>\nfive percent.<\/p>\n<p>Bythe way, Monfrini\u2019s twenty percent offer, if Malami had accepted it,<br \/>\nwould haveamounted to $64.2 million as against the five percent ($16.1<br \/>\nmillion) withwhich he counter offered and which Monfrini rejected<br \/>\noutright.\u00a0 The Nigerian lawyers engaged to deal withMonfrini\u2019s mischief,<br \/>\nhowever, eventually settled for four percent to completethe process.<\/p>\n<p>Thepertinent question to continuously ask the forces that have deployed<br \/>\ntheinstruments of myth and propaganda in obvious attempts to discredit<br \/>\nMalami andthe process is: If Monfrini had completed the process, why then<br \/>\ndid he reapplyto complete the process on a fresh professional fee of 20<br \/>\npercent?\u00a0 Monfrini can answer this question.\u00a0 And, in doing that, he<br \/>\nshould be aware that hehas Malami to contend with in case he tries to<br \/>\ninsinuate some unlawful activity.<\/p>\n<p>Monfriniis a lawyer of international repute and I believe that if he had<br \/>\nbeen unfairlytreated, he should have taken it upon himself to sue Nigeria<br \/>\nfor breach ofcontract.\u00a0 He has not done that. I do notbelieve that<br \/>\nMonfrini suffered any breach of contract, the reason he hasdecided to keep<br \/>\nquiet.<\/p>\n<p>However,it is interesting that some forces in Nigeria have reportedly been<br \/>\non the trailof Monfrini to speak on the matter.\u00a0Initially, he was reported<br \/>\nto have disappeared and become inaccessibleas he was no longer responding<br \/>\nto their e-mail requests.\u00a0 Did they have to pressurise Monfrini to dothe<br \/>\nneedful if he had been wrongly treated? He would have fought his own<br \/>\nbattlehimself.<\/p>\n<p>Amusingly,the forces that are determined to discredit Malami had gone<br \/>\nahead, followingthe successful repatriation of the fund, to claim that<br \/>\nMonfrini had finallyresponded to their e-mail request, claiming that he<br \/>\ndid not ask Nigeria for anyfresh payment. Such a one-line claim is<br \/>\nrebuttable.\u00a0 It amounts, in the main, to his words againstthe words of the<br \/>\nNigerian government that he actually requested for freshpayment of 20<br \/>\npercent professional fees.<\/p>\n<p>Therefore,I posit with all sense of responsibility that in order to<br \/>\ndismantle the mythand propaganda against Malami, the process and the<br \/>\nNigerian lawyers whocompleted it, Malami may have to declassify any form<br \/>\nof correspondence orcommunication relating to Monfrini\u2019s offer and the<br \/>\nNigerian government\u2019scounter offer.\u00a0 This will help to<br \/>\nappropriatelyportray as unsophisticated the new onslaught by the<br \/>\nanti-Malami forces that areprojecting and syndicating Monfrini\u2019s purported<br \/>\nclaim in the media to theeffect that he did not ask for an extra dime from<br \/>\nthe Nigerian government tocomplete the repatriation process.<\/p>\n<p>Besides,it would also answer the question on the social media as to<br \/>\nwhether theengagement of Nigerian lawyers to complete the process on<br \/>\npayment of fourpercent professional fees is not a classical case of<br \/>\nre-looting the Abacha. Eventhe dimwitted would know that this can only be<br \/>\na classical case of hardnegotiation and prudent management of public fund.<br \/>\nIn this instant case, thereappears to be no truth in the allegation of<br \/>\nre-looting the Abacha loot.<\/p>\n<p>Thepremise of the social media-contrived narrative will also be shattered<br \/>\nby raw documentaryevidence that the Nigerian lawyers of Okpeseyi and<br \/>\nTemitope Adebayo actedproperly in the discharge of a legal contract on<br \/>\nwhich they were entitled tospecific percentage as professional fees agreed<br \/>\nto by both parties. Uponcompletion of the services, they deserve to be<br \/>\npaid their fees and not takenthrough needless anguish due to the antics of<br \/>\nsome distraught forces.<\/p>\n<p>Thesuggestion by the anti-Malami forces that he probably did not need<br \/>\nlegalconsultants to help him complete the process cannot hold waters as<br \/>\nsuchservices are not illegal.\u00a0 Those were theexact services that Monfrini<br \/>\nwas offering to past Ministers of Justice andAttorneys-General of the<br \/>\nFederation since 1999. Malami could not, therefore, havebeen wrong to have<br \/>\nengaged Nigerians lawyers whose experience he leveraged on inthat area at<br \/>\nthe least possible cost to the nation.<\/p>\n<p>Ifthe anti-Malami forces are complaining about the Nigerian\u00a0 government<br \/>\nhaving to pay the Nigerian lawyersas they have claimed N6 billion, would<br \/>\nthey have preferred that the Nigeriangovernment paid the Swiss lawyer,<br \/>\nMonfrini, close to N40 billion for the sameservices? What are they talking<br \/>\nabout?\u00a0If it is bad belle against theNigerian lawyers, they should go<br \/>\npursue other consultancy contractselsewhere.\u00a0 The operating space is<br \/>\nwidefor birds to fly without clashing now. Fact of life.<\/p>\n<p>\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Mr. Ainofenokhai, public affairscommentator, contributed this<br \/>\npiece from Benin.<\/p>\n<div class=\"yj6qo\"><\/div>\n<div class=\"adL\">\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>ByJohn Ainofenokhai TheSwiss government last week confirmed, through its ambassador to Nigeria, Chad,Niger and the Economic Community of West African States, Mr. Eric Mayoraz in anexclusive report with Daily Sunnewspaper&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":52104,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[7],"tags":[],"class_list":["post-61571","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles-opinions"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - 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