Close Menu
Chronicle NG
    Trending Stories
    Trump renews bid to restrict US birthright citizenship with new orders

    Trump signs new executive orders to curb US birthright citizenship

    August 7, 2026
    Atiku Abubakar calls for a live public hearing into the alleged fake Presidential Foreign Investment Promotion Council (PFIPC) scandal.

    Atiku demands live public hearing, full ICPC report on PFIPC scandal

    August 7, 2026
    Broda Shaggi shares an emotional message with fans months after an alleged shooting during a filming session.

    Broda Shaggi breaks silence months after gunshot incident

    August 7, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Trump signs new executive orders to curb US birthright citizenship
    • Atiku demands live public hearing, full ICPC report on PFIPC scandal
    • Broda Shaggi breaks silence months after gunshot incident
    • Meta ordered to pay $567m over child safety failures on Facebook, Instagram
    • Labour says N70,000 minimum wage no longer sustainable amid inflation
    • Vinicius Jr, Real Madrid agree new six-year deal
    • Atiku raises alarm over unauthorised deposit into his private bank account
    • Man City reject £38.5m Barcelona bid for Rodri
    Facebook X (Twitter) Instagram
    Chronicle NGChronicle NG
    Subscribe
    Friday, August 7
    • 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

    Trump renews bid to restrict US birthright citizenship with new orders

    Trump signs new executive orders to curb US birthright citizenship

    Atiku Abubakar calls for a live public hearing into the alleged fake Presidential Foreign Investment Promotion Council (PFIPC) scandal.

    Atiku demands live public hearing, full ICPC report on PFIPC scandal

    US court orders meta to pay $567m, restrict Facebook and Instagram for children

    Meta ordered to pay $567m over child safety failures on Facebook, Instagram

    Nigeria Labour Congress leaders at the 2026 Workers' Rights Summit calling for a review of the ₦70,000 national minimum wage.

    Labour says N70,000 minimum wage no longer sustainable amid inflation

    Atiku alleges breach of banking privacy over unsolicited campaign transfer

    Atiku raises alarm over unauthorised deposit into his private bank account

    Osun State Government files a lawsuit against the EFCC at the Federal High Court, challenging the freezing of its statutory allocation account and seeking N2 billion in damages.

    Osun sues EFCC over account freeze, seeks N2bn damages

    Add A Comment
    Leave A Reply Cancel Reply

    Subscribe to News

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

    Trump renews bid to restrict US birthright citizenship with new orders

    Trump signs new executive orders to curb US birthright citizenship

    August 7, 2026
    Atiku Abubakar calls for a live public hearing into the alleged fake Presidential Foreign Investment Promotion Council (PFIPC) scandal.

    Atiku demands live public hearing, full ICPC report on PFIPC scandal

    August 7, 2026
    Broda Shaggi shares an emotional message with fans months after an alleged shooting during a filming session.

    Broda Shaggi breaks silence months after gunshot incident

    August 7, 2026
    US court orders meta to pay $567m, restrict Facebook and Instagram for children

    Meta ordered to pay $567m over child safety failures on Facebook, Instagram

    August 7, 2026
    Nigeria Labour Congress leaders at the 2026 Workers' Rights Summit calling for a review of the ₦70,000 national minimum wage.

    Labour says N70,000 minimum wage no longer sustainable amid inflation

    August 7, 2026
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2026 ChronicleNG

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