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...complex system of shell accounts. The report also described how Omar Bongo, who ruled Gabon for nearly 42 years until his death last June, transferred $18 million into a U.S. account with the help of an American lobbyist. Similarly, the ex-wife of former Nigerian Vice President Atiku Abubakar is alleged to have helped shift $40 million into U.S. banks via offshore corporate accounts. These and other cases in the report suggest that U.S. efforts to cut off the flow of tainted funds still have a long way to go. "It's a long-standing goal of ours...

Author: /time Magazine | Title: How U.S. Legal Loopholes Are Aiding Money Launderers | 2/15/2010 | See Source »

...those circumstances, and with the army as one of the only state institutions still functioning, the generals - who imposed temporary military rule on Jos - can begin to look like Nigeria's last hope. Tanko Abubakar Yakassai, a former special assistant to Shehu Shagari, President between 1979 and 1983, warned: "People have to be very careful with their utterances not to overheat the polity and create the opportunity for some crazy people in the military to take advantage." But Lai Mohammed, spokesman of the main opposition party, Action Congress, told TIME that while "we must never wish for a coup...

Author: /time Magazine | Title: Nigerians Wonder: Could a Military Coup Help Us? | 1/31/2010 | See Source »

...Abdurajak Abubakar Janjalani, a former Filipino Islamic scholar who battled the Soviets in Afghanistan in the 1980s, founded the fundamentalist Abu Sayyaf in 1991, splitting from the Moro National Liberation Front (MNLF) - a more mainstream Islamic political organization fighting for increased autonomy for Muslims in the southern Philippines - after the MNLF engaged in peace talks with the government...

Author: /time Magazine | Title: Abu Sayyaf | 10/1/2009 | See Source »

...after its leader, Abdurajak Abubakar Janjalani, was killed in a gun battle with police in 1998, the militant group changed course, stopping its bomb attacks and kidnapping potentially rich foreigners for ransom money to fund operations and gain support from local communities. In 2000 the group kidnapped 21 people - 19 of whom were foreigners - in Malaysia, 50 students and teachers from two schools on the island of Basilan, and at least 15 foreign journalists, including one reporter who was kidnapped and released twice...

Author: /time Magazine | Title: Abu Sayyaf | 10/1/2009 | See Source »

...states nullified--it's with understandable trepidation that Nigeria heads into its presidential and parliamentary vote April 21. Three major contenders, above, are vying to become the nation's second democratically elected President: the ruling party's Umaru Yar'adua, opposition leader and current Vice President Atiku Abubakar and former military dictator Muhammadu Buhari. Political rallies have been banned to stanch the violence this time around, but if one candidate doesn't earn a plurality of the national vote and at least a quarter of the ballots in 24 of 36 states, Nigerians will have to return to the trauma...

Author: /time Magazine | Title: GLOBAL NOTE: Nigeria's Volatile Vote | 4/19/2007 | See Source »

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