NewStats: 3,262,657 , 8,177,807 topics. Date: Tuesday, 03 June 2025 at 08:19 AM 4u2k5b

U.S. President Donald Trump disbanded the Department of Justice unit specializing in tracing and recovering multibillion-dollar loot from corrupt foreign leaders.

Trump disbands DOJ team probing multibillion-dollar loot linked to ex-Nigerian leader, others. U.S. President Donald Trump disbanded the Kleptocracy Asset Recovery Initiative.

The initiative was instrumental in cases like the 1MDB scandal and the recovery of funds traced to Nigerian ex-head of state, Gen Sani Abacha.

The DOJ forfeited $23 million in Abacha-linked assets in 2022 and repatriated the funds to Nigeria, bringing total recoveries to $334.7 million.

The Kleptocracy Asset Recovery Initiative, instrumental in cases like the 1MDB scandal, and recovery of the multibillion-dollar loot traced to ex-Nigerian leader, Gen Sani Abacha was quietly shut down under Attorney General Pam Bondi’s directive.

A memo obtained by Reuters states that resources will be redirected toward fighting drug cartels and international gangs.

"This policy requires a fundamental change in mindset and approach ," Bondi wrote in the directive.

The decision has sparked concerns over weakened global anti-corruption efforts and the enforcement of financial crime laws.

Notable fraud cases investigated by the team

Launched in 2010 by the U.S. Department of Justice, the Kleptocracy Asset Recovery Initiative aimed to combat large-scale foreign corruption and restore stolen public funds for their rightful use.

The DOJ task force was instrumental in investigating multi-billion-dollar fraud in Africa while also targeting Russian oligarchs linked to President Vladimir Putin.

It prosecuted figures like Oleg Deripaska and Konstantin Malofeyev for sanctions violations and seized assets, including yachts.

The DOJ task force investigated multi-billion-dollar fraud in Africa while also targeting Russian oligarchs Anadolu.

The DOJ and FBI traced billions laundered through U.S. financial systems by Abacha, his son Mohammed Sani Abacha, and associate Abubakar Atiku Bagudu.

In 2022, the U.S. forfeited $23 million in Abacha-linked assets, bringing total recoveries to $334.7 million. These funds were repatriated to Nigeria through an agreement signed in Abuja by former U.S. Ambassador Mary Beth Leonard and Nigerian officials.

The Kleptocracy Asset Recovery Initiative also played a key role in prosecuting corruption in Nigeria’s oil sector, particularly the case involving ex-Petroleum Minister Diezani Alison-Madueke.

From 2011 to 2015, Nigerian businessmen Kolawole Akanni Aluko and Olajide Omokore allegedly paid bribes to Alison-Madueke in exchange for lucrative oil contracts.

Over $100 million in illicit proceeds were laundered through the U.S. to acquire luxury assets, including real estate in California and New York and the Galactica Star superyacht.

In 2024, the U.S. agreed to transfer $52.88 million in forfeited assets to Nigeria.

Cases investigated by the task force will likely continue, according to Andrew Adams, the former task force leader.

According to the directive, the changes will be effective for a minimum of 90 days, with the possibility of extension or permanent implementation.

Meanwhile, prosecutors assigned to the task force will revert to their original positions.

" Are we going to suddenly see a surge of sanctioned oligarch wealth flood into the United States? I don’t think so," What you will see is a sharp decline in the pace of charges that target facilitators that are specific to Russia." He told Reuters.[

The DOJ’s strength lay in prosecuting financial crimes involving the U.S. financial system.

Its disbandment raises concerns about emboldening corrupt leaders and facilitating illicit fund movements, which had faced heightened U.S. scrutiny in recent years.

https://africa.businessinsider.com/local/lifestyle/trump-disbands-doj-team-probing-multibillion-dollar-loot-linked-to-ex-nigerian-leader/k4d4jsp

https://gazettengr.com/trump-disbands-elite-doj-team-tracing-multibillion-dollar-sani-abacha-loot-for-nigeria/

Donald Trump is a corrupt niggarr, we will collect all our penny hidden in America used to develop its economy. It might be true that Trump is a Russian asset, it's getting clearer how he's protecting corrupt Russian Oligarchs.


-Kiss the truth!

Corruption? That is exactly where he got his money from. The wealth he inherited from his father was actually the money his father stolen from those Arab countries during the peace keeping.

TimeManager:
Donald Trump is a corrupt niggarr, we will collect all our penny hidden in America used to develop its economy. It might be true that Trump is a Russian asset, it's getting clearer how he's protecting corrupt Russian Oligarchs.


-Kiss the truth!

End of the road for those expecting to re-loot the Abacha loot in Nigeria

Am beginning to like this Trump

TimeManager:
Donald Trump is a corrupt niggarr, we will collect all our penny hidden in America used to develop its economy. It might be true that Trump is a Russian asset, it's getting clearer how he's protecting corrupt Russian Oligarchs.


-Kiss the truth!

Na Trump send your corrupt leaders to launder your country money to his country?

If I were to be a president of those foreign countries, I’ll confiscate all the money politicians from Africa loot and store in my country and never give it back to them.

If you repatriate the money, another set will loot it.

Sheuns:


Na Trump send your corrupt leaders to launder your country money to his country?

If I were to be a president of those foreign countries, I’ll confiscate all the money politicians from Africa loot and store in my country and never give it back to them.

If you repatriate the money, another set will loot it.

We are both signatories to Interpol. We both fight international corruption and repatriate stolen funds back to each other. The US on countless times, have received monies confiscated by anti corruption agencies in Nigeria and even requested Yahoo boys to be transferred to the US for trials. You mustn't always talk from a place of ignorance.

-Kiss the truth!

Trump will release Tilumbu criminal files unredacted with the FBI

TimeManager:
Donald Trump is a corrupt niggarr, we will collect all our penny hidden in America used to develop its economy. It might be true that Trump is a Russian asset, it's getting clearer how he's protecting corrupt Russian Oligarchs.


-Kiss the truth!

Trump Tsunami showing no sign of slowing down.

Let's see where these leads, without doubt change is in the air.

Don't ask me the type of change though

..... abacha loot no dey finish, for guinness record how much can one person steal ?

TimeManager:
Donald Trump is a corrupt niggarr, we will collect all our penny hidden in America used to develop its economy. It might be true that Trump is a Russian asset, it's getting clearer how he's protecting corrupt Russian Oligarchs.


-Kiss the truth!

How much have reached your hand since they have been collecting it?

Okay

Christian country...












........ Christian Pr 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂


Trump okesuku Aloy

It is good that way... The ones repatriated are being stolen ... No impact of the funds on citizens...

How much exactly did that aboki loot? That the sums being recovered weren’t profit from long term investments show that Nigeria would’ve been on Dubai’s level if our leaders at least put national pride ahead of selfish desires.

What are they still investigating in the first place, na today this matter start...?

Lol cashout don end...

The Nigeria government should also stop our INTERPOL arm from investigating Yahoo boys and repatriating funds back to the USA then.

This is very very simple

O ti gbese le

What did our leaders do with funds returned so far?

Trump, Musk abd their boys don't know what they are doing.

Yes, cut fat but cut with sense.

The department would definitely be restored by a new government.

COMRADES, the carrier of this news na mumu en be, are they trying to tell us that Trump encourages corruption? Because of the massive that Trump had received from Nigeria during the 2024 United States elections that was why the Democrats and their proxies were hell bend on tarnishing the image of Trump in Nigeria, the report says; 'the investigation is likely to continue' Trump wants to overhaul the corrupt DOJ he inherited from Democrats that is why he is carrying this action

Nobody cares about a dead thief.

miketayo:


How much have reached your hand since they have been collecting it?

Help me ask him o. He said our money. What a dreamer😂😂😂😂😂

Hahaha Hahaha the head of world power is going insane ..so our politicians will not see any money from Abacha family to loot ...well it might be a trap to get Africa corrupt leaders to send thier loot to America, then trump will then use executive order to freeze the money....

Trump...ole

TimeManager:
Donald Trump is a corrupt niggarr, we will collect all our penny hidden in America used to develop its economy. It might be true that Trump is a Russian asset, it's getting clearer how he's protecting corrupt Russian Oligarchs.


-Kiss the truth!

Use your 2 naira to develope American Economy? You myst be either a comedian or ignorant. Do you know each state in America, Their budget is bigger than Nigerian budget as a country...

Did you know America had been a developed country before the zoo called Nigeria got her independence?

How many years are they on what happened in 1998?