Looting Africa : Nigeria's Missing Oil Millions

Nigeria's Missing Oil Millions: Echoes Of Old Government Corruption?



Looting Nigeria (2000): The unaccounted-for billions in the Nigerian National Petroleum Corporation (NNPC) reveal government corruption on a massive scale. This film examines corruption on a similar scale by the government of General Sani Abacha, who stole money from the national treasury and had it laundered in London banks.
Two years after his death, Abacha is known in the west as the man who jailed and executed human rights activists, including Ken Saro-Wiwa. Today Nigeria's new democratic government is investigating broader crimes of the former regime. A detailed report states that "London was used to transfer money out of Nigeria and to launder the proceeds of [...] pillaging". Obesanjo, the new president of Nigeria says: "This is our money. We expect to get it back from wherever it has gone". This investigative report reveals how several London banks failed to notify authorities of suspected illegal dealings by clients, and how they thereby acted as accomplices of international corruption and crime. "If you receive stolen goods... you are as guilty as the thief", says president Obesanjo.