Home News Fathers Accused of Looting Nigeria, Children Running for Office – Bloomberg
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Fathers Accused of Looting Nigeria, Children Running for Office – Bloomberg

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Fathers Accused of Looting Nigeria, Children Running for Office – Bloomberg
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Anchored by Anna Edwards and Mark Cudmore, Bloomberg Markets Europe is a fast-paced hour of news and analysis, building towards the drama and excitement of the start of the cash trade across the continent.
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Mohammed Abacha helped his father steal billions of dollars from Nigeria’s public coffers, international investigators say. Now he’s been selected to run for high office in Africa’s biggest economy.
The 54-year-old, who US prosecutors and a Nigerian probe say helped the late dictator Sani Abacha to embezzle about $2.3 billion in the 1990s, is seeking to become governor of northern Nigeria’s commercial hub. He’s one of at least four candidates from families with members accused of looting large sums from the state — from millions to billions of dollars — that won primaries held by the main opposition Peoples Democratic Party last month, and could win in February’s elections.

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