Drudge Retort: The Other Side of the News
Monday, August 11, 2014

The U.S. has won the right to seize and redistribute nearly half a billion dollars hidden in bank accounts around the world by Gen. Sani Abacha, the former military dictator of Nigeria, the Department of Justice said Thursday. Officials said the forfeiture of $480 million, which was authorized by a federal judge in Washington, D.C., Wednesday, sets a record for so-called "kleptocracy" actions. The U.S. froze the assets in March. "Rather than serve his county, General Abacha used his public office in Nigeria to loot millions of dollars, engaging in brazen acts of kleptocracy," said Assistant Attorney General Leslie Caldwell. "With this judgment, we have forfeited $480 million in corruption proceeds that can be used for the benefit of the Nigerian people."

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"...proceeds that can be used for the benefit of the Nigerian people"

"well,...as we see fit, that is." -US Gubmint

Comments

Admin's note: Participants in this discussion must follow the site's moderation policy. Profanity will be filtered. Abusive conduct is not allowed.

Nigerians will never see a penny. How the US has any authority over this is beyond me.

#1 | Posted by DeadSpin at 2014-08-11 11:10 AM | Reply | Flag:

I knew I should have answered that email about the Nigerian who needed to transfer some money!!!

#2 | Posted by kanrei at 2014-08-11 11:11 AM | Reply | Flag: | Funny: 3

$37M of that belongs to me, the deposed Prince of Nigeria said so. I have the emails to prove it!!

#3 | Posted by bartimus at 2014-08-11 11:36 AM | Reply | Flag: | Funny: 1

Either way, the people of Nigeria would have seen $0 of it.

#4 | Posted by 726 at 2014-08-11 11:46 AM | Reply | Flag:

I would give them a mill or two probably.

#5 | Posted by kanrei at 2014-08-11 11:48 AM | Reply | Flag:

The US seizes 3 trillion a year from it's citizens.

#6 | Posted by shirtsbyeric at 2014-08-11 12:51 PM | Reply | Flag:

"well,...as we see fit, that is." -US Gubmint

So you're pro dictators keeping their stolen millions?

These funds will be disbursed with the participation of courts in the U.S. France, Ireland, U.K. and Channel Islands. There's nothing particularly controversial or shady about what the U.S. has done here.

#7 | Posted by rcade at 2014-08-11 01:14 PM | Reply | Flag:

I would give them a mill or two probably.

#5 | Posted by kanrei at 2014-08-11 11:48 AM | Reply | Flag:

Do you mean start a sweat shop? Textile?

#8 | Posted by Dalton at 2014-08-11 01:46 PM | Reply | Flag:

"So you're pro dictators keeping their stolen millions?"

No, it's none of the US business. But the US feels it needs to insert itself as high moral arbitrator of every wrong IF....IF there's something to gain. as in some portion, if not all, of the ill gotten proceeds. and somehow, on paper, they'll show a transfer of some amount to some Nigerian business owned by a group of US power elites.

What's for certain? needy Nigerians will see absolutely nothing of that cash.

#9 | Posted by DeadSpin at 2014-08-11 01:58 PM | Reply | Flag:

The Sani Abacha administration recorded unprecedented economic achievements. He oversaw an increase in the country's foreign exchange reserves from $494 million dollars to $9.6 billion, reduced the external debt of Nigeria from $36 billion to $27 billion, reduced the inflation rate of 54% to 8.5% , all while the nation's primary commodity, oil was at an average of only $15 per barrel.
Wikepedia

#10 | Posted by SammyAZ_RI at 2014-08-11 01:58 PM | Reply | Flag:

Good on us. If we keep it all it'll fund our government for 3 hours.

#11 | Posted by MUSTANG at 2014-08-11 02:05 PM | Reply | Flag:

U.S. Seizes Half Billion in Late Dictator's Loot

-------

What? The American viceroy didn't deliver his levies on time?

#12 | Posted by Shawn at 2014-08-11 02:30 PM | Reply | Flag:

I have doubts that the Nigerian people will ever benefit from it.

Having said that, I can't really object to us taking it from a thief, and at least making a good will effort to get it back to where it should be.

Likely result:
More 'blame' for the U.S. If we give it to the Nigerian government, opponents of that government will eventually sue us. No matter what we do, or don't do, it will be the wrong thing, and only worthy of blame and suing.

#13 | Posted by USAF242 at 2014-08-11 02:33 PM | Reply | Flag:

This isn't the first time and it won't be the last- the US has been unusually fair in distributing stolen funds to the governments of past dictators who have died or have been kicked out of office. Haiti, the Philippines, Central African Republic, and a few others have not had any complaints. We have the means and the clout to find the funds. Even tho dictators go to unusual steps to hide them.

#14 | Posted by docnjo at 2014-08-11 03:31 PM | Reply | Flag:

More 'blame' for the U.S. If we give it to the Nigerian government, opponents of that government will eventually sue us. No matter what we do, or don't do, it will be the wrong thing, and only worthy of blame and suing.

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Which the result of fascist imperialism being inexcusable. It is directly the American empires fault for setting up the viceroy in the first place.

#15 | Posted by Shawn at 2014-08-11 03:51 PM | Reply | Flag:

No, it's none of the US business.

If we have the power to deny a dictator his stolen millions and direct it back towards the people he robbed, I think we should do that. It's an obvious opportunity to do some actual good in the world.

#16 | Posted by rcade at 2014-08-11 05:45 PM | Reply | Flag:

According to the article none of this money was located in the United States. By what authority does the United States have to seize foreign assets in a foreign country.

#17 | Posted by Visitor2 at 2014-08-11 06:22 PM | Reply | Flag:

He laundered the money through U.S. banks and purchased U.S.-backed bonds, giving the U.S. jurisdiction:

blogs.wsj.com

#18 | Posted by rcade at 2014-08-11 06:57 PM | Reply | Flag:

Perhaps the US will pay US companies to do work over there? What usually happens with seized funds? I assume someone has to be paid to take care of the money.

#19 | Posted by BruceBanner at 2014-08-11 07:23 PM | Reply | Flag:

He laundered the money through U.S. banks and purchased U.S.-backed bonds, giving the U.S. jurisdiction:

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Yup. The American empire put him there to keep his people in the poor house, and now that he's no longer useful wants its money back.

"What? The American viceroy didn't deliver his levies on time?"

And now the American empire pretends that it has nothing to do with creating the entire mess in the first place.

Hope and change = freedom and democracy!

#20 | Posted by Shawn at 2014-08-11 07:25 PM | Reply | Flag:

Shawn

You make my point. In more and more things every year, if the U.S. does ANYTHING and/or REFRAINS from doing ANYTHING, it will always only be the wrong thing, and worthy only of blame.

1940 isolationism can't come back into force soon enough, but hopefully next time no fools will doing something stupid to break it....

And as for the "what about the Nazis?". Yep, what about em? We've had Islamists screaming from the roof tops for decades about their intent, and for some reason their supports are not the ones that need to hide across Europe and the U.S. Its those who oppose them who need fear.
Let the world rot until it learns what evil is.

#21 | Posted by USAF242 at 2014-08-11 09:11 PM | Reply | Flag:

No. 'Isolationism' is a marketing word that fascists use to paint non fascists into a corner. You either believe in fascist imperial empire or you are an 'isolationist'. How about not committing mass murder all over the planet and calling it 'freedom'. There are many countries that do just that, and are not 'isolationists'.

Evil = empire. And American has taught the world that quite thoroughly.

Your attempt to obfuscate it fails.

#22 | Posted by Shawn at 2014-08-12 01:18 AM | Reply | Flag: | Newsworthy 1

They can't hear you Shawn. All those patriotic slogans are set to play on an infinite loop in their heads.

I assure you of this: nobody will ever be able to trace that money.

#23 | Posted by DeadSpin at 2014-08-12 01:38 PM | Reply | Flag: | Newsworthy 1

www.youtube.com

The fact that you don't understand that this is about YOU fake liberals, and not just the neocons that you laugh at IS THE JOKE.

#24 | Posted by Shawn at 2014-08-12 03:04 PM | Reply | Flag:

Example A - Wanta Settlement Funds

#25 | Posted by Prolix247 at 2014-08-12 05:40 PM | Reply | Flag:

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