Members of Parliament (MOPs) on Wednesday unveiled plans to probe the Abacha loot, from 1998 till date.
By the House resolution, an Ad-hoc Committee which will be constituted is to conclude the investigation within six weeks and report back for further legislative action.
Recall that Eric Mayoraz, Switzerland Ambassador to Nigeria, had during a roundtable on assets recovery organized by the Swizz Embassy in Abuja, noted that total sum of $722 million of the Abacha family money hidden in Switzerland has been fully repatriated in 2005.
Mayoraz was quoted as saying that additional sum of $322 million which was frozen by the Swizz Attorney-General, was repatriated in December, 2017.
The lawmakers, who spoke during the debate on the motion sponsored by Sunday Karimi (PDP-Kogi), noted that the idea of sharing to the money to the poor was uncalled for with lack of database and effective modalities for the proposed sharing.
The lawmakers also argued that move by Buhari to share the recovered loot was in breach of section 12(1) of the 1999 constitution (as amended) which provides that the treaties and agreements reaches by Federal Government must be ratified by the National Assembly.
