SwitzerlandTo Return $300m Abacha's Loot To Nigeria
Switzerland’s government has concluded plans to transfer to the Nigerian government, the sum of $300 million recovered from the family of former military dictator, General Sani Abacha.
Switzerland’s government has concluded plans to return Abacha’s loot
This disclosure was made known by the minister of foreign affairs, Geoffrey Onyeama on Monday, January, 11.
The fund to be transferred is said to be part of an estimated $5 billion stolen and kept in foreign accounts by the late military ruler.
So far, the country had reportedly received over $1 billion in the past 10-year from the Swiss and American governments and the recovered funds had been a subject of controversy as past administrations were reportedly said to have misappropriated the fund.
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