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Wednesday 5 December 2012

Late Sanni Abacha The Richest Of Former African Presidents

In a recent report compiled by an American-based management Organization, the worth of some African former Presidents was revealed as stated here-under
1. Sani Abacha...............................$20 Billion
2.Felix Houphout-Boigny.................$ 6 Billion
3. brahim Babangida.......................$ 5 Billion
4. Mobutu Sese Sekou.....................$ 4 Billion


The total net worth of the 43 past US Presidents was computed at $2.9 Billion Thus the net-worth value of each of these African Presidents far exceed the total net worth of all the 43 past American Presidents put together, whereas America is the largest economy in the world

From the foregoing, a lot of deductions can be made.One of them is that regardless of the rich economy of US, its Presidency has little or nothing to do with wealth, whereas in Africa, ruler-ship is access to wealth because of the level of corruption in the continent, whereas such Presidents as Buchaman, Abraham Lincoln, Hayes and Harry Truman had almost nothing, this cannot be said of any African President, with the possible exception of Julius Nyerere and Nelson Mandela. Also, while it can be said that African rulers are corrupt,Nigeria is more than corrupt as there is no word to express how bad things are

Our rulers have always been bandits, brigands, and marauders who keep looting the treasury, plundering, and pillaging the resources and the national wealth. Each of them, without exception, takes, takes and takes our wealth so as to have big foreign accounts and lots of money stashed in Switzerland, Luxembourg, United Arab Emirate, Polynesia, United Kingdom, Usa , Panama, Marshalls Island and even Ghana and South Africa.

It is hoped that Switzerland will not stop at returning the loot of Abacha to Nigeria, but similar action should be taken with regard to the ill-gotten wealth of these living rogues

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