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NAIJA Standard Newspaper > Blog > Nigeria > SHOCKING: WHERE IS THE MONEY?
Nigeria

SHOCKING: WHERE IS THE MONEY?

EDITOR-IN-CHIEF
Last updated: 2012/11/22 at 5:45 PM
By EDITOR-IN-CHIEF 8 Min Read 217 Views
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199_Sani_Abacha_316475466SHOCKING: WHERE IS THE MONEY?
Recovered Sani Abacha’s $4.3bn Part Proceed Missing in Police Vault
…NSN Editors write Police Force Headquarters, awaiting IGP’s Response!

THE present Nigeria Police Force is continously fighting image problem, both at home and outside the shores of the country, not neccessarily due to bad leadership, but alleged criminal tendencies and behaviour of some of the officers, within the rank and file, who are alleged to be so corrupt and could even ‘stage-manage armed robbery attack on an elite’, just to acquire illegal fortune.

Recovered Sani Abacha’s $4.3bn Part Proceed Missing in Police Vault

As such, when our Board of Editors & Directors received the news of missing late General Sani Abacha’s $4.3bn worth part proceed recovered from robbers by the police from their vault, we all brain-stormed in our North American Foreign Headquarters to unrave the truth behind the alleged dissapearnce.
Samson Shoaga, our hardworking Managing Editor was mandated by the Board of Directors to write the Inspector General of Police (IGP), Mohammed Abubakar which he did below to ascertain the veracity.

NSN Official Letter to IGP READS:

IGP MD ABUBAKAR,

ATTN: CSP FRANK E. MBA DEPUTY FORCE PUBLIC RELATIONS OFFICER,
FOR: FORCE PUBLIC RELATIONS OFFICER,
FORCE HEADQUARTERS, ABUJA.

On behalf of the Board of Editors & Directors of Naija Standard Newspaper,
foremost Nigeria’s online registered news portal with Foreign Headquarters
in United States, we just received an information now that the stash of gold
and diamond jewellery worth thousands of pounds stolen by four armed robbers
at a value of $125,000 (£77,000) of jewellery last year
– a staggering 20m naira when the said four men swiped $125,000
(£77,000), total value of $4.3bn at the Kano House of late General Sani
Abacha, recovered by the Nigerian Police Force is missing from police
vault.

We strongly believe in the effectiveness of the Nigeria Police Force that
was why our Editors in North America met and unanimously agreed to reach
you now for your immediate response to this story, since it is ethical in
our responsibilities to give people the right to air their views.

Accept the highest greetings of our esteem greetings, as we await your
response now.

Yours faithfully,

Samson Shoaga,
Managing Editor

URL: www.nigeriastandardnewspaper.com
Tweeter Page: NSNONLINE
Facebook Page: Nigeria Standard Newspaper

Unfortunately, we have not yet receive a reply from the heirachy of the
Nigeria Police Force, while we still await their reponse.

Controversy

It would be recalled that Nigerian police recover part of Abacha’s $4.3bn hoard
from robbers through Jewellery worth 100 years’ income for average Nigerian found
after being stolen from one home of the late dictator.

Don’t forget that when Abacha died in 1998, Maryam- his wife, an ex-First Lady was
caught trying to leave the country with 38 suitcases stuffed with cash.

Naija Standard learnt that Nigerian police recovered a stash of gold and diamond
jewellery worth thousands of pounds from robbers who targeted a home of the country’s
most notorious former dictator.

Earlier Reports of Police

Immediately the incidence happened, Ibrahim Idris, Kano State Police inspector then
claimed “We are still investigating. Not all the stolen jewellery has even been recovered,”
while his officials displayed a glittering pile that included two dozen gold necklaces
and some 40 pairs of gold earrings.

The greed of Abacha, who ruled for five years after a 1993 coup, shocked even Nigerians
used to plundering on a grand scale. He is believed to have stolen $4.3bn while in office.
In one case, he was accused of gutting a $500m state-owned steel plant. The tradition has
continued as Nigeria’s oil wealth continues to be looted. In April, James Ibori, an influential
former governor, was jailed in the UK for looting $250m over eight years.

The Abacha family have largely lain low since the short, flamboyant general died of a heart
attack while cavorting with Indian prostitutes. As his death sparked an outpouring of jubilation,
his wife Maryam was caught trying to flee the country with 38 cash-stuffed suitcases.

Abacha’s Foundation Collapsed

A $5m Peace Foundation set up by the family, intended to sell “Abacha-themed” televisions, sandals, rice and
soap, later crumbled.

Also, a push to recover $4bn squirrelled away into the family’s private accounts in Switzerland forced the
tax haven to relax banking secrecy regulations after landmark rulings. In 2006, the Swiss authorities
returned $500m to Nigeria – the first time European banks had returned looted money to an African country.

Nigeria Police Force is Corrupt-US Govt

The United States has indicted the Nigeria Police Force saying that corruption in the institution
remained very rampant. A recent report on Human Rights Practices compiled by the United States Bureau
of Democracy, Human Rights and Labor, said that the Nigerian Police corruption remained rampant,
particularly at highway checkpoints.

The Report stated: “Police routinely stopped drivers who did not commit traffic infractions, refusing
to allow them to continue until they paid bribes. The Office of the Inspector General of Police attempted
to strengthen the Police Monitoring Unit, which was charged with visiting police stations to search
officers for signs of accepting bribes; however, the unit remained ineffective and made no arrests
by year’s end. Authorities generally did not hold police accountable for the use of excessive or deadly
force or for the deaths of persons in custody. Police generally operated with impunity in the illegal
apprehension, detention, and sometimes execution of criminal suspects. The reports of state or federal panels of
inquiry investigating suspicious deaths remained unpublished.. Citizens could report incidents of police
corruption to the NHRC; however, the NHRC did not act on such complaints during the year, and no other
mechanism existed to investigate security force abuse”

The US report also said that the Nigerian Police mistreated civilians to extort money, stressing that
the law prohibited the introduction into trials of evidence and confessions obtained through torture.
“However, police often used torture to extract confessions. The law provides criminal penalties for
official corruption; however, the government did not implement the law effectively, and officials
frequently engaged in corrupt practices with impunity. Massive, widespread, and pervasive corruption
affected all levels of government and the security forces. The constitution provides immunity from
civil and criminal prosecution to the president, vice president, governors, and deputy governors
while in office” the US reports added.

*Additional Reports by London Guardian

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