Politics

I haven’t done any wrong to demand $100m from Abacha loot – Bagudu

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Governor of Kebbi state, Abubakar Bagudu has denied any wrong doing in requesting for about $100 million from the money stolen by late former Head of State, Gen. Sani Abacha.

A Bloomberg report said a commitment by Nigeria to transfer the funds to Bagudu appeared to undermine President Muhammadu Buhari’s pledge to check corruption in the country.

However, Bagudu claimed the report was aimed at using the media to sensationalise the case while the U.S. authorities were using it as a ploy to confiscate recovery of the money by the Nigerian government, adding that the money was frozen in the UK and not the U.S.

He added that his name was only joined as an associate of the Abacha government and though he signed an agreement with the federal government under former president Olusegun Obasanjo in 2003, up to 2013 none of his assets was frozen in Nigeria, and therefore he did not admit criminal liability.

According to a copy of the agreement obtained by Daily Trust in Abuja last night, it says if at any stage Bagudu returned to Nigeria he would not be arrested and in case of any mistaken arrest unconditional bail would be granted him in respect of the Abuja proceedings, the amended Abuja proceedings, the delegated proceedings or any criminal proceedings existing or future relating to the resolved matters as in the principal agreement.

The agreement was accompanied by a presidential statement in respect of Global Settlements between Bagudu and his affiliates and the Federal Republic of Nigeria signed by former president Olusegun Obasanjo on August 18, 2003.

The letter listed Bagudu’s affiliates as David Liewellyn Jones, Smith and Tyres Limited, Robinson International, and AB’s wife, children, brothers and sisters.

Daily Trust

 

 

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