Abacha Loot 2 Nigerian lawyers to earn N6bn from recovery of $321m

The lawyers were reportedly appointed to do the same job being done by a Swiss lawyer, and will get nearly thrice the reward.

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Switzerland returned $322.5m with interest – Envoy play

Sani Abacha ruled Nigeria from 1993 until his death in 1998

(AFP/File)
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Two Nigerian lawyers mysteriously appointed by the Attorney-General of the Federation, Abubakar Malami, are set to earn over N6 billion ($17 million) for their assistance in the repatriation of $321 million stolen by former Head of State, Sani Abacha.

In an exclusive report by TheCable, AGF Malami recruited Oladipo Okpeseyi (SAN) and Temitope Isaac Adebayo in 2016 to duplicate the work of Swiss lawyer, Enrico Monfrini, who was already paid for the same job.

2 Nigerian lawyers to earn N6bn from $321m Abacha loot recovery play

Swiss lawyer, Enrico Monfrini

(TheCable)

 

Both Okpeseyi and Adebayo were lawyers of the Congress for Progressive Change (CPC), the legacy party of President Muhammadu Buhari to which Malami served as legal adviser at the time.

According to the report by TheCable, Okpeseyi and Adebayo will be getting paid nearly thrice what Monfrini got for doing the same job that's yet incomplete.

An official of the Economic and Financial Crimes Commission (EFCC) that spoke on the subject said the anti-graft agency is reviewing the case.

He said, "We understand the new lawyers are going to be paid $17 million but we are monitoring the situation closely. If a case of duplication is established, there will be consequences.

"This government takes the anti-graft war as a priority, as you well know, and this particular transaction is of interest to us."

The Federal Government had sought Monfrini's services in 2000 and was pivotal to the tracing and recovery of the $321 million from Luxembourg before it was domiciled with the attorney-general of Switzerland.

While the fund was not repatriated to Nigeria until former president, Goodluck Jonathan left power in 2015, AGF Malami and Swiss foreign minister, Didier Burkhalter, signed a letter of intent in March 2016 to ensure the restitution.

TheCable reported that Monfrini has refused to answer any questions after initially saying he did not know why Nigeria engaged the services of other lawyers.

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