Friends
Well may be this is a time all Ugandans should push Switzerland to release the
billions of dollars that Oyite Ojoke looted out of Uganda Coffee. The entire
Coffee Marketing Board money as banked into Switzerland. And all I am stating
here is that instead of Ugandans yacking about Nigeria, may be it is time we
use forums like UAH to push Switzerland to release that money and to Uganda.
And you and I know very well that at the end of the day, neither Uganda is
going to get it nor Oyite Ojoke’s family.
EM -> { Trump for 2020 }
On the 49th Parallel
Thé Mulindwas Communication Group
"With Yoweri Museveni, Ssabassajja and Dr. Kiiza Besigye, Uganda is in anarchy"
Kuungana Mulindwa Mawasiliano Kikundi
"Pamoja na Yoweri Museveni, Ssabassajja na Dk. Kiiza Besigye, Uganda ni katika
machafuko"
From: ugandans-at-he...@googlegroups.com
[mailto:ugandans-at-he...@googlegroups.com] On Behalf Of Gwokto La'Kitgum
Sent: Friday, June 29, 2018 3:27 PM
To: ugandans-at-he...@googlegroups.com
Subject: Re: {UAH} SWITZERLAND REPATRIATES $1BILLION TO NIGERIA, THE LAST BATCH
OF ABACHA’S LOOT
Well, all the loot couldn't save him from the Grim Reaper. What a waste of
time...!
I hear he Went West due to misuse, abuse and misappropriation of his Mandingo
with a harem of professional Mamajamas. The Scarface, matter of fact,
outperformed Uncle Mo considering Bungabunga was Policy Number One in then
State House, in Lagos.
On Fri, Jun 29, 2018, 2:21 PM Bobby Alcantara <bobbyalcantar...@gmail.com
<mailto:bobbyalcantar...@gmail.com> > wrote:
SWITZERLAND REPATRIATES $1BILLION TO NIGERIA, THE LAST BATCH OF ABACHA’S LOOT
By
<https://www.diasporareporters.com/author/dias2020/> Diaspora Reporters
-
June 29, 2018
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Switzerland has repatriated over $1billion Abacha loot to Nigeria, its
Ambassador Eric Mayoraz aid yesterday in Abuja.
He added that his country is collaborating with the federal government to trace
and repatriate looted funds stashed in foreign lands.
Mayoraz said “All fund hidden in Swiss banks by Abacha was fully repatriated
and so we don’t have any of such fund in Switzerland again. $752m was returned
in 2005 and we discovered more and more in other banks and that involved the
$322.5m that was repatriated earlier this year.”
He spoke at the Forum on Asset Recovery hosted by the Swiss Embassy to discuss
issues surrounding the Abacha 2 asset recovery between the two countries with
many non-governmental organisations and representatives of international
agencies in attendance.
Although the envoy declined to reveal details of the funds that would likely be
repatriated back to Nigeria, he explained that the ongoing efforts are geared
towards getting a positive result in line with the Mutual Legal Persistence
Request agreement signed between the two countries.
Decrying what he termed lack of transparency in the Nigerian government’s
handling of the funds, Mayoraz said the Swiss government insisted on the
involvement of the World Bank in the management of the $322.5m to ensure that
money was spent to alleviate the sufferings of the poor.
“Unfortunately, some of the assets that were returned, there was not so much
transparency in it. So, we have to introduce the World Bank to get involved in
this so that this particular one can be used by the Nigerian government with
the monitoring of the World Bank”, he said.
Special Assistant to the President on Justice Reform, Mrs. Juliet
Ibebaku-Nwagwu, said the administration of President Muhammadu Buhari has done
a lot to engender the confidence of the Swiss government and other partners
that the recovered assets would be deployed judiciously and transparently in
line with the agreements reached.
She said the money would be deployed to service the Social Investment Scheme
which is also an existing World Bank project.
“Let me just say this, we just want our money back. By this administration’s
commitment to open government partnership, we want the people to be involved in
the monitoring of the stolen assets that were returned. We also came up with
the open budget process so that Nigerians would know every budget details and
they can be checked online too.”
Executive Director of African Network for Environment and Economic Justice, Mr.
David Ugolor, said there was a need to monitor the deployment of all recovered
assets to “ensure that they are properly used for what they are meant for in
Nigeria.”
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