General Sanni Abacha's regime.
September 1993- June 1998.
General Abacha is very much remembered as a military despot owing to the numerous cases of flagrant abuse of human rights that punctuated his regime.
This administration marked the highest point of corrupt acts that has ever been perpetrated in Nigeria. Investigations that were done after Abacha's death revealed that French government officials paid some bribes to Nigerian officials as a way of easing the construction of a gas plant. The bribes were said to be up to the tune of 100 million dollars.
In 2000, two years after his death, a
Swiss banking commission report indicted Swiss banks for failing to follow the compliance process when they allowed Abacha's family and friends access to his accounts and to deposit amounts totaling $600 million US dollars into them. The same year, a total of more than $1 billion US dollars were found in various accounts throughout Europe.
Comments
Post a Comment