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| President Muhammadu Buhari |
The money is part of funds stolen by the late Head of State, Sani Abacha.
A few days later, the world power accused the Nigerian government of a secret plot to give Atiku Bagudu a per cent of the money.
On Monday, Bloomberg reported that the U.K National Crime Agency has insisted that the Abacha loot belongs to the people and “is opposing the Federal Republic of Nigeria’s application”.
The motion was filed by Atiku Bagudu’s brother, Ibrahim, “to the District Court for the District of Columbia in the U.S. capital on March 30”.
The U.S. had in a statement on February 3, said the Kebbi Governor was part of Abacha network that “embezzled, misappropriated and extorted billions from the government of Nigeria.”
The Department of Justice (DoJ) further said the Buhari administration is preventing ongoing forfeiture efforts against Atiku Bagudu.
In return, the federal government dropped all outstanding civil and criminal claims against him, District Judge John D. Bates noted in a December 23, 2019 memorandum opinion.
“This case illustrates how complex and contentious repatriating stolen assets to Nigeria can be,” Matthew Page, an associate fellow at Chatham House.
Successive governments have so far repatriated more than $2billion stashed abroad by Abacha.
Transparency International estimated that the late dictator stole around $5billion during his five-year rule.