Thursday, December 17, 2015

Buhari Administration Inherited N13.6 billion Abacha Loot

                       

The Administration of President Buhari inherited a total sum of N13.6 billion Abacha loot recovered, from the immediate past administration of Goodluck Jonathan.
This was disclosed to Journalist  by Governor Samuel Ortom of Benue State immediately
after the National Economic Council meeting which was presided over by Vice President Yemi Osinbajo.
NEC comprises of States Governors, Minister of Finance, National Planning,Federal capital Territory,The Attorney General and the Central Bank Governor.
The total amount left of the Abacha Loot recovered as at end of November 2015 stood at $26,000,389 and £19,000,033 respectively.At an exchange rate of N260 per dollar and N360 per pound, the total balance is estimated at N13.6 billion.

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