Okonjo-Iweala: Dasuki got $322m Abacha loot from me - TheNation .

Former Minister of Finance Ngozi Okonjo-Iweala yesterday confirmed that she approved the transfer of $322 million Abacha loot to former National Security Adviser (NSA) Sambo Dasuki to prosecute the fight against Boko Haram. But she said it was a loan.

Dr. Okonjo-Iweala has been under attack, mainly from Edo State Governor Adams Oshiomhole for allowing expenditure without authorisation.

Through her media adviser, Paul Nwabuikwu, in a statement last night, the former minister said: “Some new Abacha funds of about $322 million were returned with another $700m still expected to be returned. Former President (Goodluck) Jonathan set up a Committee comprising the former Minister of Justice, former NSA and the former Minister of Finance to determine how best to use both the returned and expected funds for development.”

Mrs. Okonjo-Iweala said at the meeting, “the NSA made a case for using the returned funds for urgent security operations since, he noted, there cannot be any development without peace and security. Based on this, a decision was taken to deploy about $322m for the military operations, while the expected $700m would be applied for development programmes as originally conceived.”

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