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Court Orders Former Presidents To Account For Abacha’s $5bn Loot

A Federal High Court in Abuja has demanded transparency over the spending details of the approximately USD$5 billion Abacha loot.

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A Federal High Court in Abuja has demanded transparency over the spending details of the approximately USD$5 billion Abacha loot.

The loot, recovered by the governments of former presidents Olusegun Obasanjo, Umaru Musa Yar’Adua, Goodluck Jonathan, and Muhammadu Buhari, has been a topic of national interest for years.

The court has ordered the government of President Bola Tinubu to disclose the exact amount of money stolen by General Sani Abacha from Nigeria, and the total amount of Abacha loot recovered. The court has also demanded details of all agreements signed on the same by the governments of the aforementioned former presidents.

This judgment was delivered by Justice James Kolawole Omotosho, following a Freedom of Information suit number: FHC/ABJ/CS/407/2020, brought by the Socio-Economic Rights and Accountability Project (SERAP).

“In the final analysis, the application by SERAP is meritorious and the Federal Government through the Ministry of Finance is hereby ordered to furnish SERAP with the full spending details of about $5bn Abacha loot within 7 days of this judgment.” – Justice James Kolawole Omotosho

The Abacha Loot: A Brief Overview

The Abacha loot refers to the funds embezzled by Nigeria’s former military ruler, General Sani Abacha, during his five-year reign from 1993 to 1998. The loot, estimated to be around $5 billion, has been a contentious issue in Nigeria’s political and economic landscape.

The Role of SERAP

The Socio-Economic Rights and Accountability Project (SERAP) has been at the forefront of the legal battle for transparency over the Abacha loot. This non-profit organization, dedicated to promoting transparency, accountability, and socio-economic rights in Nigeria, filed the Freedom of Information suit that led to this landmark ruling.

The Implications of the Ruling

This ruling has significant implications for transparency and accountability in Nigeria. It sets a precedent for future cases involving corruption and misappropriation of public funds. Furthermore, it underscores the importance of the Freedom of Information Act in promoting transparency in governance.

In the coming days, the nation awaits the response of the Ministry of Finance, as they are required to provide the full spending details of the Abacha loot within seven days of the judgment.



Distribution of Abacha Loot Recovery Across Presidential Tenures

The following bar chart provides an estimated distribution of the Abacha loot recovery across the tenures of the four former presidents. The data is represented in billions of USD.

Distribution of Abacha Loot Recovery Across Presidential Tenures

This visualization underscores the magnitude of the recovered funds and the need for transparency in their utilization. As the nation awaits the Ministry of Finance’s response, this case serves as a reminder of the ongoing fight against corruption and the importance of accountability in governance.


This landmark ruling has rekindled the national conversation about corruption, transparency, and accountability. As we continue to follow this story, we invite our readers to explore more about Nigeria’s fight against corruption and the role of transparency in governance.

Stay tuned to Mandy News for more updates on this developing story.


This article was written with the utmost respect for the facts and with a commitment to objective reporting. The information presented is based on the court’s ruling and publicly available information. Any errors or omissions are unintentional and will be corrected upon notification.

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Source: MandyNews.com

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