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Alison-Madueke’s Loot: SERAP Writes Trump, Seeks Return Of Stolen Assets, Ban On Corrupt Officials

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The Socio-Economic Rights and Accountability Project (SERAP) has urged US President-elect Donald Trump and his incoming administration “to promptly identify US-based proceeds of corruption traced to former and current Nigerian public officials and their associates and to ensure the full recovery and return of any such stolen assets to Nigeria.”

The SERAP said, “any return of proceeds of corruption from Nigeria must meet strict transparency and accountability standards to ensure the funds are used solely for the benefit of the Nigerian people.”

The SERAP urged him to “direct the US Department of Justice to promptly initiate civil asset forfeiture proceedings against proceeds of corruption traced to former and current Nigerian public officials and their associates so as to fulfill several non-controversial commitments by the US to assist Nigeria in asset recovery matters.”

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The SERAP also urged him “to identify and publish the names of former and current Nigerian public officials suspected to be responsible for corruption and the depositing of its proceeds in US banks, and to apply existing US presidential proclamations to temporarily ban such officials from entering the US.”

In the letter dated 18 January 2025 and signed by SERAP deputy director Kolawole Oluwadare, the organisation said: “Diezani Alison-Madueke’s looted assets and other recently returned assets represent a tiny fraction of the over $500 billions that have been reportedly stolen from Nigeria and located in the US or otherwise subject to US jurisdiction.”

The SERAP said, “Our requests are brought in the public interest, and in keeping with the requirements of the UN Convention against Corruption to which both the US and Nigeria are states parties.”

According to the SERAP, “Proceeds of corruption from Nigeria continue to be deposited in US banks or in other locations subject to US jurisdictions.”

The request followed the recently returned $52.88 million in forfeited corruption proceeds linked to former Petroleum Resources Minister Diezani Alison-Madueke.

The letter, read in part: “We hope you and your incoming government address the legal impediments that have continued to allow corrupt Nigerian government officials to deposit and conceal their ill-gotten assets in the US and other locations subject to US jurisdiction.”

“Returning proceeds of corruption to Nigeria is a development imperative. By returning proceeds of corruption to Nigeria, the US would be contributing to the efforts to address the growing poverty in the country and achieve the Sustainable Development Goals.”

“The US has the obligations under the relevant provisions of the UN Convention against Corruption to trace, freeze and seize proceeds of corruption from Nigeria and located in the US or otherwise subject to US jurisdiction and to return the assets to the Nigerian people.”

“A whole chapter of the Convention is devoted to international cooperation in the recovery and return of stolen assets including from Nigeria (chapter V, comprising 9 articles).”

“SERAP is concerned that corruption remains a major obstacle to sustainable development, the rule of law and the effective enjoyment of socio-economic rights in Nigeria. Implementing the recommended measures would contribute to addressing these governance challenges.

“Corrupt practices have long been accepted as a fact of life and an inalienable part of the country’s ministries, departments and agencies [MDAs] and the governmental power structures across several states.”

“Nigeria’s auditor-general office annually documents widespread and systemic corruption in ministries, departments and agencies (MDAs) including in the petroleum, education, health and water sectors, plunging millions of Nigerians further into poverty. The auditor-general office has declared trillions of naira as missing or diverted.”

“SERAP urges you to promptly share information with relevant Nigerian civil society organizations on stolen assets of Nigerian origin located in the US or otherwise subject to US jurisdiction, as required by Articles 46(4) and 56 of the UN Convention Against Corruption.”

“Imposing a temporary travel ban on former and current Nigerian public officials suspected to be responsible for keeping proceeds of corruption in the US or in locations subject to US jurisdiction would not violate due process and presumption of innocence principles, as long as the reasons for the sanctions are communicated to those that may be affected.”

“According to reports, the U.S. Government and the Federal Government of Nigeria recently announced an agreement to promptly repatriate approximately $52.88 million in forfeited corruption proceeds.”

“These funds were forfeited to the United States as part of the Kleptocracy Asset Recovery Initiative of the U.S. Department of Justice. The forfeited assets had been illegally acquired using funds linked to money laundering and a conspiracy to bribe former Petroleum Resources Minister Diezani Alison-Madueke.”

“In 2007, former Chairman of the Economic and Financial crimes Commission (EFCC) Mallam Nuhu Ribadu alleged that Nigerian politicians stole over $400 billion.  Former military dictator General Sani Abacha reportedly collected truck-loads of cash running into billions of naira from the Central Bank of Nigeria.”

“According to the Stolen Asset Recovery Initiative (StAR) estimates, illicit funds associated with bribes received by public officials from developing and transition countries alone are estimated at USD 20 billion to USD 40 billion per year – a figure equivalent to 20 to 40 percent of flows of official development assistance.”

“SERAP notes that Article 51 of the UN Convention against Corruption provides for the return of ‘corrupt’ assets to countries of origin as a fundamental principle. Article 43 provides likewise.”

“Similarly, under Articles 47(3)(a) and (b) states parties have an obligation to return forfeited or confiscated assets in cases of public corruption, as here, or when the requesting party reasonably establishes either prior ownership or damages to the states.”

“A resolution adopted by the Conference of States Parties to the UN Convention Against Corruption in Panama in November 2013 reaffirms this obligation, by requiring state to make ‘every effort’ to return such proceeds. to the victim state.”

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2027: ‘We’ll Win Before 2pm’ – Abia Labour Party Makes Bold Election Prediction

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The Chairman of the Labour Party (LP) in Abia State, Peter Azubuike, has expressed confidence that the party will record a landslide victory in the 2027 general elections, declaring that it would emerge victorious “before 2 p.m.” if the Independent National Electoral Commission (INEC) were to conduct an election today.

Azubuike made the assertion on Monday while addressing journalists at the party’s state secretariat in Umuahia, the Abia State capital.

According to him, the Labour Party has overcome its internal challenges and is now fully united and mobilised ahead of the next general elections.

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He maintained that the party remains the strongest political force at the grassroots in Abia, pointing to its current political representation across the state as evidence of its popularity.

“If INEC conducts an election today, we will win before 2 p.m. because we are the only political party with a strong grassroots presence. We have 184 councillors, 17 local government chairmen, and 20 members of the Abia State House of Assembly. That is evidence of our widespread acceptance and grassroots support,” Azubuike said.

The LP chairman also defended the party’s adoption of the direct primary system for selecting candidates ahead of the 2027 elections, describing it as a transparent process that promotes fairness and reduces internal disputes.

He dismissed reports suggesting that only one nomination form was sold in some constituencies, insisting that several aspirants contested for party tickets in different areas.

“It is not true that only one form was sold. In several constituencies, multiple aspirants purchased forms. In fact, not all sitting lawmakers secured the ticket. A clear example is the Osisioma/Obingwa/Ugwunagbo Federal Constituency, where the incumbent did not get the return ticket,” he stated.

Azubuike said the party had continued to strengthen its structures from the ward level to the state level and remained optimistic of another overwhelming victory in 2027.

He further stated that the faction of the Labour Party led by Senator Nenadi Usman is the one recognised by INEC, adding that the leadership had already been granted access to the electoral body’s portal for uploading candidates.

The party, he added, remains committed to internal democracy, grassroots mobilisation and effective leadership as preparations intensify for the 2027 general elections.

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2027: We’re Not Afraid of Peter Obi, He Can’t Beat Tinubu in Lagos Again — Sunday Dare

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Nigeria has the best cyclists in Africa - Sunday Dare

Special Adviser to President Bola Tinubu on Media and Public Communications, Sunday Dare, has dismissed claims that the presidential candidate of the Nigeria Democratic Congress (NDC), Peter Obi, poses any serious political threat to the Tinubu administration ahead of the 2027 general elections.

Speaking during an interview on Mic On Podcast on Saturday, Dare insisted that the Federal Government remains focused on governance rather than political distractions, arguing that its achievements have strengthened its chances of securing another mandate.

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According to him, the administration is confident in its performance and has no reason to fear Obi’s growing political profile.

“This government is not afraid of Peter Obi. At one point, he may have been considered a threat, but today, he is no longer one because we are standing on the solid foundation of our performance,” Dare said.

He maintained that the Tinubu administration has taken deliberate steps to confront Nigeria’s economic and social challenges through policy reforms and strategic interventions.

“We have carefully studied the country’s problems and continue to roll out policies and programmes aimed at addressing them. We also have tangible achievements to show Nigerians,” he added.

Dare also took a swipe at Obi’s public engagements, criticizing his style of responding to national issues and suggesting that some of his interviews fail to provide direct answers to important questions.

“Peter Obi is not a nightmare to this government. If anything, some of his reactions are unnecessarily pedantic. Sometimes you listen to him respond to questions, and instead of giving clear answers, he goes around in circles in a way that leaves many people confused,” he stated.

On the prospects of the 2027 presidential election, Dare expressed confidence that Obi would be unable to repeat his 2023 feat in Lagos, where the former Labour Party presidential candidate defeated Tinubu during the presidential poll.

“Peter Obi defeated President Tinubu in Lagos in 2023, but this is a different political season. He will not defeat Tinubu in Lagos again,” Dare declared.

The comments come amid increasing political conversations over the 2027 general election, with opposition figures intensifying consultations while the ruling administration continues to defend its record in office.

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Osun Violence: APC Breaks Silence, Denies Role in Killings

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The All Progressives Congress (APC) in Osun State has denied allegations linking the party and its governorship candidate, Alhaji Bola Oyebamiji, to the recent wave of political violence rocking the state ahead of the August 15 governorship election.

Speaking in Osogbo on Sunday, APC chieftain and former lawmaker, Olatunbosun Oyintiloye, described the accusations as politically motivated, alleging that some desperate individuals were attempting to damage the party’s reputation for personal and electoral gains.

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He maintained that the APC has no connection with any individual or group involved in violence, intimidation, or attacks while claiming to represent the party.

Oyintiloye said the APC remains guided by the Omoluabi philosophy, which promotes integrity, discipline, honesty, justice, accountability, compassion, and selfless service, stressing that violence has never been part of the party’s political culture.

He condemned the recent killings in the state, insisting that no political contest or ambition should result in the loss of innocent lives.

According to him, the party completely rejects violence, lawlessness, and bloodshed in any form, adding that those behind the attacks should immediately abandon such acts because elections should never be decided through fear or violence.

The APC leader further stated that the party does not require intimidation or bloodshed to secure victory at the polls, expressing confidence that it can earn the people’s mandate through peaceful democratic participation.

He also dissociated the APC from anyone using the party’s name to commit criminal acts, warning that such individuals were acting for their own interests and not on behalf of the party.

Oyintiloye reaffirmed that the APC believes in the rule of law, peaceful coexistence, credible elections, and the constitutional right of citizens to freely choose their leaders without intimidation.

He appealed to party supporters, political stakeholders, security agencies, and residents of the state to remain calm, obey the law, and support ongoing investigations into the recent violence.

The APC chieftain also urged security agencies to ensure that those responsible for the killings and other criminal acts are identified and prosecuted, while calling on all political actors to place the peace, unity, and development of Osun State above partisan interests.

He expressed sympathy to families who lost loved ones during the violence and prayed for strength and comfort for those affected by the tragic incidents.

The renewed appeal comes amid rising political tension in Osun State, where a series of violent attacks have claimed several lives as campaigns intensify ahead of the August 15 governorship election.

The Osun State Police Command has, however, assured residents that security operatives are working to restore calm and bring the perpetrators to justice.

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