No Lawyers’ Payment; $322.5m Abacha Looted Funds Recovered With CBN – Kemi Adesoun

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Kemi Adeosun Finance Minister

Recent reports have claimed that the Minister of Finance, Kemi Adeosun, has written President Muhammad on the 16.9 million fees to two lawyers for the recovery of Abacha Looted funds. From the Abacha Looted funds a huge amount had been received last year from the Swiss Government.

The Minister, however, in her recent comments refuted the claim and said the reports are false. She said no time a letter has been written to the Muhammad nor any payment to two lawyers had taken place .

The Honourable Minister of Finance, Kemi Adeosun, said she didn’t write the president on any payment of $16.9 million fees to two lawyers for the recovery of Abacha funds.

According to her statement on social media, Kemi Adeosun said; “The Minister wishes to dissociate herself and the Ministry from recent malicious and misleading media reports on the Abacha refunds.”

She continued; “The Minister had at no time written any letter to the President or any member of the FEC on the payment of lawyers for the Abacha recovery.”

The minister, Kemi Adeosun, 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 on December 18, 2017 from the Swiss Government.

Kemi Adeosun said; “For the avoidance of doubt, there is no controversy concerning the recovery of the Abacha monies from the Swiss Government.”

“Let me make this clear: the media reports claiming that I wrote to the President regarding the Abacha refunds are all false and should be disregarded.”

Kemi Adeosun continued; “There is no controversy whatsoever regarding the recovery. The $322.5m received from the Swiss Government in Dec 2017 is with Central bank.”

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“For the avoidance of doubt, there is no controversy concerning the recovery of the Abacha monies from the Swiss Government.” The Minister of Finance concluded.

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