Abacha Loot Sharing ‘Mother Of All Corruption’ – Secondus

The National Chairman of the Peoples Democratic Party (PDP), Prince Uche Secondus, has described the decision of the federal government to share the repatriated $322 million Abacha Loot to poor Nigerians as “mother of corruption”.

Secondus said this on Saturday during a meeting with the state executive of the PDP ahead of a scheduled meeting with ex-President Olusegun Obasanjo.

The PDP chairman had earlier today led chieftains of the opposition party to the Olusegun Obasanjo Presidential Library complex, Abeokuta, Ogun state, to meet with the ex-president.

He questioned the integrity of the anti-graft war of the President, saying the current administration will acount for the repatriated fund if PDP wins the 2019 election.

“They said they are fighting corruption and the mother of corruption is being perpetrated under this government, ” he said.

“Abacha’s looted funds withdrawn and being given out to people; that is the mother of all corruption.

“How on earth will a government engage in mother of corruption? Abacha’s loot money has been withdrawn from the banks and being given to cronies.

“We want to assure President Muhammadu Buhari and All Progressives Congress that they will be held accountable. That is mother of corruption.

“No government will put money in baskets and start sharing. When PDP takes over in 2019, we will ask them to refund every kobo of Abacha’s loot. It is primitive to be spending money without proper appropriation.

“I believe that the money is meant for the APC government election in 2019 and they have started using it. If they do, when we take over, we will probe it.”

On Wednesday, the Presidency explained that the decision to share the $322 million recovered Abacha’s loot to the poorest of the poor citizens was due to the Memorandum of Understanding (MoU) signed with the Swiss government and network of civil societies.

Special Assistant to the President on Judicial Reform, Juliet Ibekaku Nwagwu, said a Swiss court had ordered the commencement of repatriation of Abacha loot on the condition that World Bank would supervise utilisation to prevent mismanagement and re-looting.