Buba Galadima, a Nigerian politician, has said that key members of the late General Sani Abacha’s government knew about the money the dictator stashed abroad.
Mr. Galadima, a former ally – turned critic — of President Buhari revealed this in an interview with the Nation newspaper. He said the late Gen. Abacha was ‘rightly’ counselled by then Presidents Saddam Hussein and Muammar Gaddafi, to keep money abroad in order to survive sanctions by the United States.
“I have a completely different idea about what you called Abacha loot. I know as a fact that at that time, Abacha with knowledge of key members of his government, who knew about this money being stacked out, he was rightly advised by some of his colleague presidents around the world.
“Saddam Hussein was one of them. Muammar Gaddafi was one of them. They advised him that there was the likelihood that the US could sanction Nigeria and as such he should save money outside that could last the country, at least, six months, even Nigeria’s account was blocked by the US, there won’t be panic,” he said.
There are reports that about $5 billion was looted by the late Abacha regime several banks in Europe and North America. About $3.624 billion has been recovered.
He further said that as a key member of Abacha regime, who served as the Director-General of the National Maritime Authority, “am in position to talk about Abacha and the so-called loot” and “I was one of the so-called Abacha boys if you must know.”
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