US Court Clears Way For Return Of $550 Million Abacha Loot | Nigeria Newspaper - Latest Nigeria News paper

25.9.16

US Court Clears Way For Return Of $550 Million Abacha Loot

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US Court Clears Way For Return Of $550 Million Abacha Loot
A suit filed by a Nigerian lawyer, Godson Nnaka, seeking to stop the repatriation of $550 million loot which was stolen during the regime of late General Sani Abacha has been dismissed.
Nnaka was requesting that $320 million from the Abacha loot be paid to him.

John D. Bates, a United States district court judge, last week, dismissed Nnaka’s claim and insisted that he was not a party to the forfeiture case filed by the US Department of Justice in conjunction with Nigeria.
Nigeria’s federal attorney general has filed a country request to the court asking it to dismiss Nnaka’s claims and also bar him from filing similar motions in any other court.
Justice Bates said that Nnaka did not meet the basic prerequisites to be considered as a proper party in the case and to be paid the amount he requested for as he was not qualified to represent Nigeria.
The judge also ruled out Nnaka for the payment since he had not won any judgment for Nigeria.
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“Neither Nnaka nor his purported clients are parties to the forfeiture matter and neither of them can win judgment through this litigation,” the judge said in his ruling on September 18, 2016.
“The conclusion dooms Nnaka’s motion for charging lien. At common law, the charging of lien is applicable to a judgment or decree obtained for a client by an attorney. Until a judgment or decree has been obtained, the right to impose a lien does not arise.
“Even the most basic prerequisites for charging lien are missing here: Nnaka has not won a judgment for Nigeria; indeed, he had not successfully entered appearance on Nigeria’s behalf. A charging lien in the amount of $320 million is not called for. Nnaka’s claim against Nigeria must be pursued in another case: 16cv-1400.
“Unless and until Nnaka’s claim to the defendant’s assets are reinstated by the DC Circuit, Nnaka’s participation in this case must now come to an end,” the U.S judge ruled, paving the way for Nigeria to draw down its huge cash.
In his response, the minister of Justice, Abubakar Malami said Nnaka was merely trying to delay the return of the Abacha loot by the U.S by making a claim that Nigeria must pay him 40 percent of the loot. Although Nnaka was recruited by Mr. Olujimi, the former attorney general in 2004, he had not recovered anything, he disclosed.
He stressed that Nigeria will not pay Nnaka the $320 million he is asking for since he is not qualified to practise law in the Maryland area where the case is taking place.
The court also ruled that the lawyer could not claim to be representing Nigeria as the temporary letter given to him by Olujimi was not revalidated by Mohammed Adoke during the Goodluck Jonathan administration when the forfeiture case resumed in 2013.
Malami said that the case filed by Nnaka had delayed the return of the Abacha loot but the recent judgement dismissing the case should make things move faster.
“We trust that this Order denying Nnaka’s frivolous claim to the Abacha assets, will help to allay the fear of the Nigerian general public arising from an online medium’s article which stated that Nigeria stands to lose $320 million on account of Nnaka’s Motion,” Malami is quoted as saying.
“We also hope that this Order will help to correct the many falsehoods and half-truths published in the past against the Office of the Honourable Attorney General of the Federation regarding this matter. “This is a positive development for Nigeria.”
We also hope that this Order will help to correct the many falsehoods and half-truths published in the past against the Office of the Honourable Attorney General of the Federation regarding this matter.
“This is a positive development for Nigeria,” the attorney general said

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