We’ll sue foreign banks over Abacha, Ibori loot, says Falana (Punch)

A human rights lawyer, Femi Falana (SAN), said the Federal Government had given him and a consortium of lawyers the go ahead to start legal proceedings against foreign banks that colluded with Nigerian officials to loot the nation’s treasury.

Specifically, banks which warehoused money recovered from the estate of the former military dictator, the late Gen. Sani Abacha and a former governor of Delta State, Mr. James Ibori and others are being targeted. Falana revealed this at the end of a two-day training workshop on anti-corruption monitoring and reporting, organised by the Human Environmental Development Agenda Resource Centre, in Abuja, on Thursday. Read more

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