BREAKING: Buhari’s New Top Minister Faces Immediate Sack Over Very Massive Looting

By Post-Nigeria: August 31, 2019 08:52

BREAKING: Buhari’s New Top Minister Faces Immediate Sack Over Very Massive Looting

Demands intensified this week, for the sack of Bashir Magashi, as President Muhammadu Buhari’s Defence Minister, fuelled by a report that uncovered his sordid past as one of the culprits of stealing of the country’s wealth under late Dictator, General Sani Abacha.
The article, published exclusively on Wednesday, detailed how Magashi, a Retired Major-General, stole a large amount of public funds during Abacha’s junta, and banked it abroad, a method typical of both Abacha and others who stole under him.

At least $550,000 of the stolen fund by Magashi was later detected by former President, Olusegun Obasanjo’s investigation of the now infamous ‘Abacha Loot’. About $3 billion of the Abacha Loot had been recovered out of at least $5 billion, estimated by Transparency International.

Of the $550,000 (N200 million today) that was traced to Magashi, he was immediately asked to return $400,000, and keep the rest to himself, an arrangement he accepted after pleading with the administration not to file fraud charges or take any action that would humiliate him before Nigerians.

The Retired Military Chief, headed several strategic Departments throughout his career, including as Commander of the elite Brigade of Guards and the Nigerian Defence Academy, NDA.

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