The World Bank has said it needs additional time to provide comprehensive information on the funds looted by the late Head of State, General Sani Abacha.
The
World Bank told a human civil society group, Socio-Economic Rights and
Accountability Project (SERAP) seeking information on the loot that for now, it
is compiling information on the spending.
According
to the World Bank: “In response to your request, we would like to inform you
that we are still considering your request and we will need additional time
because the money involved is too huge for us to handle.”
The
World Bank said that although it takes just 20 working days to respond to such
requests, under special cases, it could take much longer time.
The
loot stolen by the former military ruler from 1993 to 1998 is estimated to be
about $11.3 billion.
The
Socio-Economic Rights and Accountability Project (SERAP) had written to the
World Bank demanding information on the spending of the loot recovered from the
late military dictator.
- Channels TV
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