Close Menu
Chronicle NG
    Trending Stories
    FG withdraws criminal charge against Natasha Akpoti

    Natasha rejects court order to pay Yahaya Bello N1bn for defamation

    April 24, 2026
    The African Democratic Congress (ADC) reveals it is considering adopting a consensus approach in selecting its presidential candidate for the 2027 general election.

    ADC chieftain urges Atiku, Obi camps to end media bickering

    April 24, 2026
    Ondo NLC writes Aiyedatiwa, demands N256,950 minimum wage

    Aiyedatiwa says APC tickets will be based on merit, loyalty

    April 24, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Natasha rejects court order to pay Yahaya Bello N1bn for defamation
    • ADC chieftain urges Atiku, Obi camps to end media bickering
    • Aiyedatiwa says APC tickets will be based on merit, loyalty
    • Summit factory opens in Ogun, targets hygiene market expansion
    • Gunmen kill Benue traditional ruler, wife, son in fresh attack
    • Laffmattazz announces partnership with First Bank for 2026 international tour
    • Netanyahu reveals secret prostate cancer battle
    • Sanusi condemns FG’s borrowing despite subsidy removal
    Facebook X (Twitter) Instagram
    Chronicle NGChronicle NG
    Subscribe
    Saturday, April 25
    • News
      • Nigeria News
      • World News
      • Headlines News
    • Politics
    • Business
    • Sport
    • Entertainment
    • Contact Us
    Chronicle NG

    Abacha Loot: Kemi Adeosun dismisses reports Nigeria received $322m, paid lawyers

    Chronicle EditorBy Chronicle EditorApril 10, 2018No Comments2 Mins Read
    Facebook Twitter Telegram WhatsApp
    Former Finance Minister Kemi Adeosun suspended Gwarzo as SEC DG
    Former Finance Minister Kemi Adeosun
    Facebook Twitter WhatsApp

    …Says no controversy on Abacha funds recovery

    Nigeria’s Finance Minister Kemi Adeosun has dismissed reports that Nigeria has received over $322 million Abacha loot from Switzerland

    Nigeria’s Finance Minister, Kemi Adeosun has dismissed reports in some quarters that the Nigerian government received $300 million of late General Sani Abacha’s loot.

    She also rejected claims that the Finance Minstry paid monies to lawyers for securing the funds.



    Oluyinka Akintunde, special adviser Media and Communications said in a statement that “The attention of the Honourable Minister of Finance, Mrs. Kemi Adeosun, has been drawn to false media reports of a “strongly-worded letter to the President” objecting to the payment of $16.9 million fees to two lawyers for the recovery of Abacha funds.

    He noted that, “The Minister wishes to dissociate herself and the Federal Ministry of Finance from recent malicious and misleading media reports on the Abacha refunds.

    READ: Yulia Skripal daughter of ex-Russian spy discharged

    “The Minister had at no time written any letter to the President or any member of the Federal Executive Council (FEC) on the payment of lawyers for the Abacha recovery.

    “She also refuted the flawed media reports of controversy surrounding the Abacha recovery, disclosing that the sum of US$322,515,931.83 was received into a special account in the Central Bank of Nigeria on December 18, 2017 from the Swiss Government.

    “For the avoidance of doubt, there is no controversy concerning the recovery of the Abacha monies from the Swiss Government,” Adeosun said.

    Share. Facebook Twitter Telegram WhatsApp

    Keep Reading

    FG withdraws criminal charge against Natasha Akpoti

    Natasha rejects court order to pay Yahaya Bello N1bn for defamation

    The African Democratic Congress (ADC) reveals it is considering adopting a consensus approach in selecting its presidential candidate for the 2027 general election.

    ADC chieftain urges Atiku, Obi camps to end media bickering

    Ondo NLC writes Aiyedatiwa, demands N256,950 minimum wage

    Aiyedatiwa says APC tickets will be based on merit, loyalty

    Summit Household Solutions manufacturing facility in Ota Ogun producing home and personal care products

    Summit factory opens in Ogun, targets hygiene market expansion

    Gunmen shoot dead Ebonyi monarch inside palace

    Gunmen kill Benue traditional ruler, wife, son in fresh attack

    Laffmattazz

    Laffmattazz announces partnership with First Bank for 2026 international tour

    Subscribe to News

    Be the first to get the latest news updates from ChronicleNG about world, sports, politics etc

    FG withdraws criminal charge against Natasha Akpoti

    Natasha rejects court order to pay Yahaya Bello N1bn for defamation

    April 24, 2026
    The African Democratic Congress (ADC) reveals it is considering adopting a consensus approach in selecting its presidential candidate for the 2027 general election.

    ADC chieftain urges Atiku, Obi camps to end media bickering

    April 24, 2026
    Ondo NLC writes Aiyedatiwa, demands N256,950 minimum wage

    Aiyedatiwa says APC tickets will be based on merit, loyalty

    April 24, 2026
    Summit Household Solutions manufacturing facility in Ota Ogun producing home and personal care products

    Summit factory opens in Ogun, targets hygiene market expansion

    April 24, 2026
    Gunmen shoot dead Ebonyi monarch inside palace

    Gunmen kill Benue traditional ruler, wife, son in fresh attack

    April 24, 2026
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2026 ChronicleNG

    Type above and press Enter to search. Press Esc to cancel.