Galadima says Abacha stashed billions of dollars abroad to save Nigeria from US sanction [ARTICLE]


Galadima in an interview with The nation The newspaper said Abacha saved money abroad to save the country from an impending U.S. sanction during his government.


The 72-year-old politician, who was director general of the National Maritime Authority during the Abacha regime, said the late head of state was advised by the then president of Iraq, Saddam Hussein and its counterpart in Libya, Muammar Gaddafi to save money in foreign banks.


He said, “I have a completely different idea about what you called Abacha's loot. I know that, at that moment, Abacha, with knowledge of the main members of his government, who knew that this money was being distributed, was rightly advised by some of his fellow presidents around the world.



Saddam Hussein was one of them. Muammar Gaddafi was one of them. They warned him that there was a possibility that the US would sanction Nigeria and, as such, he should save money outside the country that could last at least six months, until Nigeria's account was blocked by the USA, there would be no panic.

I was a key figure in that government. I was one of the so-called Abacha boys, if you must know. I was the director general of the National Maritime Authority, where exports and imports to Nigeria, including oil, were directly under my table. So, I am in a position to talk about Abacha and the so-called loot ”.

Galadima, however, maintained that those who believe Abacha was a monster are ignorant.

General Sani Abacha he ruled Nigeria between 1993 and 1998, but since 1999, Nigeria has received some of the funds he kept abroad.

On Monday, May 4, 2020, the Nigerian government received an amount of US $ 311 million plundered from the country's treasury during the military regime of the late head of state.

Three days later, the United States Embassy in Nigeria revealed that there were another $ 319 million (N121 billion) stolen by the late Head of State, Gen. Sani Abacha in the UK and France.

It is also recalled that, in April 2018, the Federal Government announced the receipt of $ 322.51 million from the Swiss government as part of the plundered funds.

Switzerland said it returned all money held in the country by the late dictator with interest of $ 1.5 million.

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