The World Bank while responding to a request by human civil society group, Socio-Economic Rights and Accountability Project (SERAP) seeking information on the Abacha loot has said it needs additional time to provide comprehensive information on the funds stolen by the late Head of State, General Sani Abacha.
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 Bank added that usually it takes 20 working days to respond to such requests, but 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.
Just $11.3 billion? Abacha was considerate then, compared to some people we have all heard of.
