{"id":8595,"date":"2018-04-10T13:40:03","date_gmt":"2018-04-10T13:40:03","guid":{"rendered":"https:\/\/everyday.ng\/?p=8595"},"modified":"2018-04-10T13:40:03","modified_gmt":"2018-04-10T13:40:03","slug":"8595","status":"publish","type":"post","link":"https:\/\/everyday.ng\/?p=8595","title":{"rendered":"Adeosun denies blocking fraud; newspaper insists story true"},"content":{"rendered":"<p>The Minister of Finance, Mrs. Kemi Adeosun, has denied that she wrote a \u201cstrongly-worded letter to the President\u201d objecting to the payment of $16.9 million fees to two lawyers for the recovery of Abacha funds.<br \/>\nAdeosun may have been reacting to an online publication by The Cable on Monday detailing her efforts to resist attempts to shortchange the country.<br \/>\nHer spokesman, Mr. Oluyinka Akintunde wrote: &#8220;The Minister wishes to dissociate herself and the Federal Ministry of Finance from recent malicious and misleading media reports on the Abacha refunds. The Minister had at no time written any letter to the President or any member of the Federal Executive Council (FEC) on the payment of lawyers for the Abacha recovery.&#8221;<br \/>\nBut the online newspaper appears ready to puncture the minister&#8217;s denial, claiming it has a string of private WhatsApp message exchange with Adeosun before publishing the story.<br \/>\nShe confirmed, according to the Cable, not approving the payment and sending the request back to the ministry of justice.<br \/>\nBut in the statement, Adeosun refuted the flawed media reports of controversy surrounding the Abacha recovery, disclosing that the sum of US$322,515,931.83 was received into a Special Account in the Central Bank of Nigeria on December 18, 2017 from the Swiss Government.<br \/>\n&#8220;For the avoidance of doubt, there is no controversy concerning the recovery of the Abacha monies from the Swiss Government;&#8221; the ministry said.<br \/>\nThe Cable had Monday published: &#8220;Kemi Adeosun, the minister of finance, has refused to approve the payment of $16.9 million dubious fees to two lawyers for the recovery of Abacha loot worth $321 million, TheCable can report.<br \/>\n&#8220;Meanwhile, TheCable has confirmed that the recovered sum has been repatriated to Nigeria by the Swiss government following the\u00a0execution of the memorandum of understanding (MoU)\u00a0between the two countries for the judicious use of the recovery.<br \/>\n&#8221; \u201cIt is true that a request was made to the minister of finance for the payment to the Nigerian lawyers, but approval is another animal altogether,\u201d a senior government official told TheCable at the weekend, adding that the request has been \u201csent back\u201d to the ministry of justice.<br \/>\n&#8220;TheCable had reported\u00a0that Enrico Monfrini, a Swiss lawyer hired by the Nigerian government since 1999 to work on recovering Abacha loot, had finished the Luxembourg leg of the job since 2014 when Mohammed Bello Adoke was the attorney-general of the federation.<br \/>\n&#8220;Monfrini had also been paid his fees by the federal government.<br \/>\n&#8220;The recovered money was then domiciled with the attorney-general of Switzerland pending the signing of an MoU with Nigeria to avoid the issues of accountability around previous recoveries.<br \/>\n&#8220;All that was left after the signing of the MoU was a government-to-government communication for the money to be repatriated to Nigeria.<br \/>\n&#8220;However,\u00a0\u00a0Abubakar Malami, the minister of justice and attorney-general of the federation, had curiously engaged the services of another set of lawyers in 2016 for a fee of about N6 billion.<br \/>\n&#8220;The Cable Newspaper Journalism Foundation (CNJF), a partner organisation to TheCable, then sent a freedom of information (FOI)\u00a0 request to Malami for a copy of the agreements that were reached with Monfrini for the recovery.<br \/>\n&#8220;TheCable understands that the terms in the agreement were clearly spelt out such that no other lawyer would be needed for the return of the money to Nigeria.<br \/>\n&#8220;Malami refused to accede to the FOI request, but the Cable Foundation is currently in court to seek an order of mandamus to compel the attorney-general to make the documents public.<br \/>\n&#8220;A recent article apparently sponsored to discredit TheCable alleged that Monfrini was asking for an additional 20 percent \u00a0to \u201ccomplete the job\u201d.<br \/>\n&#8220;Malami allegedly made a counter offer of five percent which Monfrini was said to have rejected, and this reportedly prompted Malami to engage the services of two Nigerian lawyers \u2014 Oladipo Okpeseyi, a senior advocate of Nigeria (SAN), and Temitope Adebayo.<br \/>\n&#8220;Incidentally, both lawyers had worked for President Muhammadu Buhari\u2019s Congress for Progressive Change (CPC), a legacy party of the All Progressive Congress (APC).<br \/>\n&#8220;Malami was the legal adviser of CPC.<br \/>\n&#8220;In an email to TheCable, however,\u00a0Monfrini explained\u00a0that there is no truth in the allegation.<br \/>\n&#8221; \u201cI never had the audacity to claim for additional fees. This figure of 20% is simply invented. I didn\u2019t reject any proposal made by Mr. Malami since my fees were already paid a long time before Mr. Malami\u2019s appointment as attorney general,\u201d he said, adding that \u201cany allegations against that would just be a lie.\u201d<br \/>\n&#8221; \u201cThe repatriation of the $321 million was not completed by me. It\u2019s a matter which is normally dealt between governments and which doesn\u2019t entail the engagement of lawyers. I have no idea of the whereabouts of these $321 million.<br \/>\n&#8221; \u201cI know that they have been restituted to Nigeria by the Swiss government a few months ago. On the other hand, I don\u2019t know why it took about three years for the two governments to agree that said restitution should be monitored by World Bank since this concept was created by me some 15 years ago.\u201d &#8220;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Minister of Finance, Mrs. Kemi Adeosun, has denied that she wrote a \u201cstrongly-worded letter to the President\u201d objecting to the payment of $16.9 million fees to two lawyers for the recovery of Abacha funds. Adeosun may have been reacting to an online publication by The Cable on Monday detailing her efforts to resist attempts [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":8436,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-8595","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news"],"_links":{"self":[{"href":"https:\/\/everyday.ng\/index.php?rest_route=\/wp\/v2\/posts\/8595","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/everyday.ng\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/everyday.ng\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/everyday.ng\/index.php?rest_route=\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/everyday.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8595"}],"version-history":[{"count":0,"href":"https:\/\/everyday.ng\/index.php?rest_route=\/wp\/v2\/posts\/8595\/revisions"}],"wp:attachment":[{"href":"https:\/\/everyday.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8595"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/everyday.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8595"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/everyday.ng\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8595"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}