Federal High Court Orders Disclosure of $5 Billion Abacha Loot Spending Details: Landmark Ruling Promotes Transparency and Accountability

…By Joseph Benjamin for TDPel Media.

The court instructed the governments of former presidents Olusegun Obasanjo, Umaru Musa Yar’Adua, Goodluck Jonathan, and Muhammadu Buhari to reveal the details.

The judge mandated the government to furnish SERAP with the complete spending details of the $5 billion Abacha loot within seven days of the judgment.

The court held the government responsible for failing to provide details of projects executed, locations, and the names of companies and contractors involved in projects funded by the Abacha loot.

The organization emphasized that implementing the judgment would signify a commitment to the rule of law, transparency, and accountability, setting a precedent against impunity for corruption.