Connect with us


Nigerians React To Latest €5.5m Abacha Loot From Ireland



PDP Lawmaker Slams Buhari Govt Over Disbursement Of Recovered Abacha Loots

A storm of reactions by Nigerians has greeted the latest €5.5m Abacha loot from Ireland.

Naija News had reported earlier that  Ireland has reached an agreement with the government of Nigeria led by President Muhammadu Buhari on the return of another €5.5 million loot stashed away in the country by a former military president, Sani Abacha.

Ireland and Nigeria signed a Memorandum of Understanding (MoU) on the return of the looted fund which is kept in a Dublin based bank account.

Helen McEntee, Ireland’s Minister of Justice and Equality, said the MoU followed a recent court order regarding the funds which had been frozen in 2014 by the Ireland Criminal Assets Bureau based on a request from the administration of former President Goodluck Jonathan.

Her words: “I am very pleased to sign this Memorandum of Understanding between Ireland and Nigeria. This represents the culmination of a long process which began with an internationally led investigation,” McEntee said in a statement on Thursday.

“The Criminal Assets Bureau took part in this international operation which led to the freezing of over $1 billion in funds worldwide, of which approximately €5.5 million was identified in a Dublin based bank account.

“The return of these assets will be the first time that Ireland has taken such action and will be a concrete demonstration of Ireland’s commitment to international cooperation in the fight against corruption and to assisting countries which have been adversely affected by corruption in the past, and is in line with our international obligations as a signatory to the UN Convention Against Corruption.”

Ireland’s Minister of Justice and Equality added that the signed MoU represents the commitment of the two nations in fighting global corruption.

“It demonstrates the intent of both States to uphold our shared values and our international obligations to eliminate corruption.”

Moments after the news of the latest €5.5m Abacha loot from Ireland broke, Nigerians took to the micro-blogging site, Twitter, to air their opinions on the development.

Naija News captured some of the reactions below…