Close Menu
Chronicle NG
    Trending Stories
    A student of UNIOSUN has described how she was assaulted after soldiers from the Army Depot in Osogbo invaded the university hostel.

    UNIOSUN rejects army position on hostel assault claims

    July 4, 2026
    Osun 2026: Adeleke joins Accord Party after dumping PDP

    Adeleke urges IGP to arrest any Osun resident involved in crime

    July 4, 2026
    INEC announces a two-week extension of the Continuous Voter Registration exercise and introduces an online self-service voter registration platform.

    INEC extends CVR exercise to July 24, launches online self-registration

    July 4, 2026
    Facebook X (Twitter) Instagram
    Trending
    • UNIOSUN rejects army position on hostel assault claims
    • Adeleke urges IGP to arrest any Osun resident involved in crime
    • INEC extends CVR exercise to July 24, launches online self-registration
    • Colombia edge Ghana 1-0 to set up Switzerland showdown
    • Osinbajo highlights meetings with Okonjo-Iweala, Bagudu at Hamburg conference
    • Osinbajo holds global development talks with Scholz, Chinchilla at Hamburg conference
    • Messi scores as Argentina beat Cape Verde 3-2 in thrilling clash
    • Salah cries over ‘historic’ Egypt win against Australia
    Facebook X (Twitter) Instagram
    Chronicle NGChronicle NG
    Subscribe
    Saturday, July 4
    • 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

    A student of UNIOSUN has described how she was assaulted after soldiers from the Army Depot in Osogbo invaded the university hostel.

    UNIOSUN rejects army position on hostel assault claims

    Osun 2026: Adeleke joins Accord Party after dumping PDP

    Adeleke urges IGP to arrest any Osun resident involved in crime

    INEC announces a two-week extension of the Continuous Voter Registration exercise and introduces an online self-service voter registration platform.

    INEC extends CVR exercise to July 24, launches online self-registration

    Jhon Arias celebrates after scoring the winning goal during Colombia 1-0 win over Ghana

    Colombia edge Ghana 1-0 to set up Switzerland showdown

    Prof. Yemi Osinbajo with Dr. Ngozi Okonjo-Iweala at the Hamburg Sustainability Conference.

    Osinbajo highlights meetings with Okonjo-Iweala, Bagudu at Hamburg conference

    Former Vice President Yemi Osinbajo with Olaf Scholz and Laura Chinchilla during meetings at the Hamburg Sustainability Conference on global development cooperation.

    Osinbajo holds global development talks with Scholz, Chinchilla at Hamburg conference

    Subscribe to News

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

    A student of UNIOSUN has described how she was assaulted after soldiers from the Army Depot in Osogbo invaded the university hostel.

    UNIOSUN rejects army position on hostel assault claims

    July 4, 2026
    Osun 2026: Adeleke joins Accord Party after dumping PDP

    Adeleke urges IGP to arrest any Osun resident involved in crime

    July 4, 2026
    INEC announces a two-week extension of the Continuous Voter Registration exercise and introduces an online self-service voter registration platform.

    INEC extends CVR exercise to July 24, launches online self-registration

    July 4, 2026
    Jhon Arias celebrates after scoring the winning goal during Colombia 1-0 win over Ghana

    Colombia edge Ghana 1-0 to set up Switzerland showdown

    July 4, 2026
    Prof. Yemi Osinbajo with Dr. Ngozi Okonjo-Iweala at the Hamburg Sustainability Conference.

    Osinbajo highlights meetings with Okonjo-Iweala, Bagudu at Hamburg conference

    July 4, 2026
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2026 ChronicleNG

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