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One of the issues that has plagued Africa is that of kleptocrats who enrich themselves at the expense of their country’s development. From Mobutu in Zaire, to Omar Bongo in Gabon, this has proved to be an issue time and time again and today’s subject of this video, General Sani Abacha of Nigeria is no different.
According to the estimates cited by the UN Office on Drugs and Crime, Nigeria lost $400 billion to corruption between 1960 and 1999. Some of that can be traced back to the rule of the dictator General Sani Abacha, whom the Nigerian government, accused of looting more than $2.2 billion from state coffers when he ruled the country from 1993 until his death, apparently from a heart attack, in June 1998.
Corruption watchdog, Transparency International estimates he stole as much as $5bn of public money during that time.
Upon Abacha's death, his successor in office, General Abubakar, commissioned a probe into allegations of corruption levelled against Abacha. These investigations confirmed that Abacha and a handful of collaborators had diverted billions of US dollars in public funds into several local and overseas accounts and properties.
In this video we look at the life of General Sani Abacha and how he managed to swindle such large amounts of money from the country of Nigeria.
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Sources:
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