By Aiyeku Timothy
The Federal Government has given its nod to Cleen Foundation, a Civil Society Organisation (CSO), to monitor the implementation of $312million Abacha loot recovered in May.
The said money was repatriated from the United States and the Bailiwick of Jersey.
In April, America released details of the funds laundered through the U.S. banking system, noting that it was held in bank accounts in Jersey in the name of Doraville Properties Corporation, a BVI company, and in the name of a son of the late military ruler, General Sani Abacha.
In a statement on Thursday, the spokesman to Attorney-General and Minister of Justice, Abubakar Malami, Umar Gwandu, said Cleen Foundation will monitor transparency in the management of recovered funds.
Nigeria had promised to engage a CSO with an “expertise in substantial infrastructure projects, civil engineering, anti-corruption compliance, anti-human trafficking compliance, and procurement to provide additional monitoring and oversight.”
According to Gwandu, Cleen Foundation was approved by the Federal Executive Council (FEC) on Wednesday after a presentation by Malami.
The organisation is expected to keep track of execution of the 2nd Niger Bridge, Abuja to Kano Expressway, and Lagos to Ibadan Expressway.
It was gathered that a total of 17 local and international CSOs applied to monitor the spending.
