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'Abacha stole $2m in 1998 alone'

03 February 2016, 15:04

Abuja - The Attorney General of the Federation and Minister of Justice, Abubakar Malami has revealed that the late former Head of State, General Sani Abacha, laundered over $2million in 1998 alone.

He also said the Economic and Financial Crimes Commission (EFCC) has recovered N2 trillion from looters in the last 12 years.

The Attorney General of the Federation and Minister of Justice, Abubakar Malami, made the disclosure in a keynote address presented at the ‘First Annual Conference on Financial Fraud, Cyber-Crime & Other Cross-border Crimes’, in Abuja on Tuesday.

Also read: FG to recover $750m Abacha loot soon - Minister

He said said President Muhammadu Buhari has vowed to recover the fortunes that criminals have made illegally by returning every penny that belongs to the Nigerian public.

Malami lamented the negative impact of corruption, fraud, cyber and other cross-border crimes on the nation’s growth efforts.

He assured Nigerians that the reforms efforts being championed by the Ministry of Justice under his watch were intended to lead to an improved anti-corruption and criminal justice system for the country.

- News 24


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