Politics
Photo illustration by Aaron Leaf

Returning Sani Abacha's $321 Million is a Good Start But Where's the Rest?

How much more wealth belonging to African people is hiding in the web of secretive international financial institutions

The secretive mountain nation of Switzerland, long known as a receptacle for Nazi gold and other ill-gotten loot, has agreed to return $321 million dollars from accounts related to former Nigerian military leader Sani Abacha.


The money was confiscated by a Swiss court in late 2014 in a procedure by Geneva's public prosecutor against Sani Abacha's son, Abba Abacha. The Swiss government states: "In accordance with policy on repayment of national assets taken illegally, Switzerland has agreed with Nigeria and the World Bank to return nearly US$321 for the benefit of the Nigerian people."

According to Agence France Press, Military ruler Abacha, in power from 1993 until his death in 1998, is suspected to have embezzled $2.2 billion from Nigeria's central bank in what the United States has called "brazen acts of kleptocracy".

So where's the rest of it? Not just from Abacha or other corrupt African leaders but also the foreigners, the tax cheats and other neo-imperialists who extract wealth from the continent and its people without offering anything in return. The people who've systematically underdeveloped and destroyed, looted and defiled the continent for centuries.

According to the UN Economic Commission on Africa, "over the last 50 years, Africa is estimated to have lost in excess of $1 trillion in illicit financial flows." This number, about $50 billion a year, is roughly equivalent to all of the official development assistance to the continent during the same timeframe. And it's actually a conservative estimate seeing as it doesn't take into account more secretive flows of money out of Africa like the "proceeds of bribery and trafficking of drugs, people and firearms."

What could 1 trillion dollars of stolen money do for people? It represents half a century of crumbling or non-existent infrastructure—roads, hospitals, schools, sewer and lights—that people have been doing their best to work around. Think of what the famous can-do spirit of ordinary Lagosians could have accomplished with 50 years of running water, trains and electricity.

With the recent trend of big financial leaks like with the Panama Papers and the more recent Paradise Papers the general public is getting a better idea of how the world's elite stash their money, both "legitimate" and "illegitimate." To most of us it feels like we're just scratching the surface but here's hoping it's a sign of things to come.

To the looters out there, we see you.

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Black Twitter's Reactions To Meghan Markle & Prince Harry's #RoyalBaby Announcement Are Too Funny

Congrats are in order, but first to Black Twitter for continuing to hold it down with the jokes.

Meghan Markle and Prince Harry, the Duchess and Duke of Sussex, have been the internet's brief moment of mindless, happy news since they became engaged, then married earlier this year.

Kensington Palace took to Twitter again this morning to announce that the couple will be expecting their first bundle of joy next spring.

Since the LA-native and former star of Suits made her way into the royal family, Black Twitter has had no shame sharing their hilarious thoughts and commentary, and the pregnancy announcement has been no different.

Have a laugh and take a look at some of our favorite reactions from them below.

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People Aren't Happy About Kanye West Visiting Uganda, Comparing Himself to Fela

The rapper is being called out for visiting President Museveni after his treatment of Bobi Wine. Seun Kuti also reacted saying, "the spirit of Fela Kuti isn't anywhere near Kanye West."

By now you've heard that Kanye West delayed the release of his new album, Yandhi, to finish recording in "what is known as Africa."

"He wants to draw inspiration from the earth there," TMZ quoted Kanye as saying two weeks ago. "I felt this energy when I was in Chicago," Kanye mentioned then, "I felt the roots. But we have to go to what is known as Africa. I just need to go, to find out what it's really called, and just grab the soil."

Well Kanye has now made it over to Africa, more specifically, Uganda. His trip follows a now infamous White House meeting in which he hugged Donald Trump saying "I love this guy right here."

Kanye was first shown in a live video from Uganda dancing to Mystro and Wizkid's "Immediately." The clip was shot and posted by Bankulli, who used to work with D'banj when he was signed to GOOD Music and now works with Mystro.

Kanye and his wife Kim Kardashian also met with Ugandan President Museveni. The President said he and the rapper held "fruitful discussions" about promoting tourism and arts.

Kanye gifted President Museveni—a man who is accused internationally of overseeing the torture and unjust imprisonment of musician and opposition politician Bobi Wine—a pair of white sneakers.

Museveni has called the reports of torture against Bobi Wine "fake news."

Apart from that, Kanye has been posting several periscopes of his rants. Many of them are titled "Mind Control" and the longest of them has him declaring himself to be the "the best living recording artist."

In that same video, Kanye says he has the spirits of Fela Kuti, Bob Marley and Tupac Shakur "flowing through him." Billboard has the full transcript if you really feel like your mind needs that.

Naturally, given his current embracement of Donald Trump and, in association, far right politics, many people aren't happy with Kanye visiting Uganda (or anywhere on the African continent) and meeting with Museveni.

Seun Kuti replied on Instagram writing, "Erm erm on behalf of the Kuti family , I want to state that the spirit of Olufela Anikulapo Kuti isn't anywhere near Kanye West. Ziggy Marley over to you. 🤣🤣🤣😂😂😂 Ebro come get ur boi before I #getthesax"

See some reactions below.





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Family Demands Justice In Killing of Unarmed Nigerian-American Man Chinedu Valentine Okobi

Black lives matter.

Chinedu Valentine Okobi, a 36-year-old Nigerian-American man died on Wednesday, October 5 after being tasered by police officers in Northern California, the LA Times reports. Okobi was unarmed at the time of his killing.

Okobi, who suffered from mental illness—according to his sister, Ebele Okobi, Facebook's Head of Public Policy, Africawas reportedly running in and out of traffic in Millbrae, an area south of San Francisco, when he got into a "struggle" with an officer who approached him, says San Mateo County District Attorney Steve Wagstaffe.

Four other cops were called in, and one shot a Taser gun at Okobi as he was being taken into custody. Okobi was later taken to the hospital where he was pronounced dead.

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