by Isi Esene

Efforts by the Abacha family to repossess the alleged loot recovered from their family by the Abdulsalami Abubakar-led government have failed.

The family in concert with nineteen companies owned by the family initiated a suit challenging the decision of the Federal High Court Abuja, which had earlier dismissed their suit challenging the constitutionality of the letters written by the Federal Government to governments of some foreign countries in the process of recovering the $800m alleged loot.

The family pursued the case to the Supreme Court where Justice Suleiman Galadima delivered the lead judgement dismissing the appeal on grounds of incompetence and lack of merit.

According to the ChannelsTV reports, the companies which were associated with the Abacha family and joined in the appeal are: Juinin Finance, Savard International, Venfold Investment, Sulgrave Holdings INC, Raw Materials Development and Trading Co. Ltd., Technical Management Service Ltd, Allied Network Ltd and Blue Rock Properties.

Others are Barven Holdings, Olmar Establishment, Peltora Establishment, Glotar Establishment, KRH Capital Establishment, Kurita Establishment, Tadil Overseas, Rike Limited, Warnbeck Holdings, Arwood Overseas and Larberidge Trading.