"Abacha Didn't Loot, He Only Stashed Money Outside Nigeria To Keep The Nation Afloat Incase Of International Sanctions"- Al Mustapha

The chief security officer to late military despot, General Sani Abacha, said that his late former boss did not loot the Nation's treasury, but only stashed money in foreign banks to save for a rainy day. He said Abacha's aim was to save Nigeria from an economic meltdown in case if the International Community imposed sanctions on the country.



Ali-Mustapha Hamza disclosed that there were elements both within and outside Nigeria who were bent on removing him from office.

The former CSO also pleaded for patience from Nigerians to conclude his court cases, before revealing what killed Abacha and MKO Abiola. He said the duo died of the same thing.

While speaking with Today.ng, he said

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General Sani Abacha served this country for four years and seven months and during that period, he stepped on many toes. Aside the two or three coup plots that were made known to the public, there were several others that were not made known.

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These collaborators with some members of the international community were bent on removing him from office. General Abacha is dead today but those powerful forces are yet to forgive him. While alive, General Abacha’s enemies teamed up with the international community and they threatened to impose sanctions on the country.

There was a meeting in Abuja where it was agreed that money should be kept outside the shores of the country so that when sanction came, that money will keep Nigeria afloat. Tom Ikimi was the foreign affairs secretary then.

At that time oil was selling for seven or eight dollars. We took no loan to run the economy and that was when we also created the Petroleum Trust Fund (PTF). I was embarrassed while in prison and I heard about what people called ‘Abacha Loot’. I wrote from prison to the late Abacha family to publish and make public whether those monies were in his name, date of lodgements before he became head of state or after he became head of state.

I was at the meeting where the decision was taken but because all of us could not leave the Villa, I had to go back before the meeting ended. Like I said, Abacha stepped on toes and those people have still not forgiven him even in death.

You should also remember that Abacha was not traveling out of the country. At the beginning of his administration he did go to Pakistan, Saudi Arabia and perhaps one or two other countries and that was in 1994. Most of his travels were within Africa, so how was he able to stash such money outside the shores of the country?

While as his CSO, the only bank account I had was with the Bank of the North and that was where my salary was paid. I went to the Army to serve my country and not to make money as I came from a well-to-do family".