How Abacha's recovered loot was spent- Okonjo Iweala
Former minister of finance and coordinating minister of the economic Dr Ngozi Okonjo Iweala has told the world bank how the recovered loot from the then head of state Gen. Sani Abacha was spent. This information was contained in a document the world bank sent to the to Socio-Economic Rights and Accountability Project, SERAP. This was however on the request of SERAP following enquiries on how the money was spent. A statement issued yesterday by SERAP executive director Adetokunbo Mumuni, said the organization has “received several documents from the World Bank totalling over 700 pages on information on the spending of recovered assets stolen by the late General Abacha, with some of the documents suggesting that the Abacha loot was spent on roads, electricity, education, health and water.” “SERAP can confirm that last week we received several documents from Ann May of the Access to Information Team of the World Bank following our Access to Information...