Money Laundering
During his father's military rule, Mohammed Abacha was involved in looting the government. A preliminary report published by the Abdulsalam Abubakar transitional government in November 1998 described the process. Sani Abacha told his National Security Adviser Ismaila Gwarzo to provide fake funding requests, which Abacha approved. The funds were usually sent in cash or travellers' cheques by the Central Bank of Nigeria to Gwarzo Kuncnoni, who took them to Abacha's house. Mohammed Abacha then arranged to launder the money to offshore accounts. An estimated $1.4 billion in cash was delivered in this way.
Read more about this topic: Mohammed Abacha
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“Of course, money will do after its kind, and will steadily work to unspiritualize and unchurch the people to whom it was bequeathed.”
—Ralph Waldo Emerson (1803–1882)