Afriupdate News
Sunday, June 29, 2025
  • Home
  • NewsNew
    • Headlines
    • Africa
    • Nigeria
    • National
    • World
    • Politics
  • Life
    • Beauty
    • Culture
    • Entertainment
    • Events
    • Fashion
    • Food
    • Health & Wellness
    • Love and Relationships
    • Travel and Places
    • Music
    • TV Series
    • What’s New
  • Sports
    • Boxing
    • Football
    • Tennis
    • Other Sports
  • Business
    • Insurance
  • Technology
    • Social media
    • Gadgets
  • Features
    • Guide & Tips
    • Jobs
    • Scholarship
    • Reviews
    • Opinion
  • Submit a News TipGot Tips?
GET NEWS ALARTS
No Result
View All Result
Sunday, June 29, 2025
Afriupdate News
No Result
View All Result
Afriupdate News
No Result
View All Result
ALERTS
  • News
  • Headlines
  • Sports
  • Business
  • Features
  • Life
  • Sports
  • Technology
ADVERTISEMENT
Home News Nigeria National

Abacha’s Family Loses Appeal To Unfreeze Foreign Accounts

Abraham by Abraham
February 9, 2020
in National
0

The Supreme Court has dismissed an appeal by the family of late Military Head of State, General Sani Abacha, asking for an order to unfreeze some bank accounts belonging to him and other members of the family.

The accounts, domiciled in banks in the United Kingdom, Switzerland, Island of Jersey, Liechtenstein and Luxembourg, were frozen following mutual agreements entered between Nigeria and the countries during the administration of former President Olusegun Obasanjo.

Delivering judgment in the appeal filed by a son of the late head of state, Mohammed Abacha, a five-man panel of the apex court led by Justice Olukayode Ariwoola, unanimously held that the suit which was first initiated before the Federal High Court in Kano in January 2004 had become statute-barred.

In the lead judgment read by Justice Amina Augie, on behalf of Justice Chima Nweze, the apex court affirmed the concurrent decisions of both the Federal High Court in Kano and the Court of Appeal, Kaduna division, which had both dismissed the suit for being statute-barred.

MORE FROM AFRIUPDATE

Nigeria launches export initiative to promote intra-Africa trade

Nigeria launches export initiative to promote intra-Africa trade

June 12, 2025
Nigerian MP caught on camera assaulting delivery driver

Nigerian MP caught on camera assaulting delivery driver

October 29, 2024
Fuel Subsidy Removal Plans Pinned Back by Widespread Protests

Fuel Subsidy Removal Plans Pinned Back by Widespread Protests

August 10, 2024
General view of the market in Jibia on February 18, 2024. (Photo by Kola Sulaimon / AFP)

Nigeria’s Inflation Rate Hits 34.19% Amid Rising Food Cost

July 15, 2024
ADVERTISEMENT

Following the mutual judicial assistance entered into between Nigeria and Switzerland in 1999, former President Obasanjo had asked the Attorney-General of the Federation, Mr. Kanu Agabi at that time, to write to the Swiss government to freeze all bank accounts held by Abacha and his family members between 1993 and 1998 in the foreign countries.

The government discovered the accounts in Abacha’s name in Switzerland, the United Kingdom, Island of Jersey, Liechtenstein and Luxembourg and had them frozen.

On the 28th of January 2004, the Abacha’s family challenged the freezing of their accounts by filing the suit at the Federal High Court, Kano but the court dismissed the suit on the grounds that it was statute-barred.

Follow our socials Whatsapp, Facebook, Instagram, Twitter, and Google News.

ADVERTISEMENT
Related topics: Abacha lootNigeria
ShareTweetSendShare
ADVERTISEMENT
Next Post
(FILES) In this file photo taken on December 12, 2019 US President Donald Trump speaks at the White House Summit on Child Care and Paid Leave in Washington, DC. – US President Donald Trump is facing a likely impeachment vote in the House of Representatives on December 18, 2019. Only two US presidents have been impeached — Andrew Johnson in 1868 and Bill Clinton in 1998 — although both survived a trial in the Senate that would have removed them from office. (Photo by Brendan Smialowski / AFP)

Impeachment Witness Reported Contents Of My ‘Perfect’ Calls Incorrectly – Trump

Barcelona’s Argentinian forward Lionel Messi (L) walks on the pitch during the Spanish Copa del Rey (King’s Cup) quarter-final football match Athletic Club Bilbao against FC Barcelona at the San Mames stadium in Bilbao on February 06, 2020. (Photo by ANDER GILLENEA / AFP)

Abidal hopes Messi will renew contract with Barcelona

Ighalo to miss United’s trip to Spain

Ighalo to miss United’s trip to Spain

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Home
  • About Us
  • Contact us
  • Advertisement
  • Privacy Policy

© 2023 Afriupdate News. All Rights Reserved

Welcome Back!

Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Google
Sign Up with Linked In
OR

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • Login
  • Sign Up
No Result
View All Result
  • Home
  • News
    • Headlines
    • Africa
    • Nigeria
    • National
    • World
    • Politics
  • Life
    • Beauty
    • Culture
    • Entertainment
    • Events
    • Fashion
    • Food
    • Health & Wellness
    • Love and Relationships
    • Travel and Places
    • Music
    • TV Series
    • What’s New
  • Sports
    • Boxing
    • Football
    • Tennis
    • Other Sports
  • Business
    • Insurance
  • Technology
    • Social media
    • Gadgets
  • Features
    • Guide & Tips
    • Jobs
    • Scholarship
    • Reviews
    • Opinion
  • Submit a News Tip

© 2023 Afriupdate News. All Rights Reserved