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Nigeria Government receives $311m Abacha loot from US

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The Nigerian government has received $311,797,866.11 recovered assets of General Sani Abacha repatriated from the United States and the Bailiwick of Jersey.

This was announced by the Attorney-General of the Federation and Minister of Justice, Abubakar Malami on Monday.

Malami, in a statement by his Spokesman, Umar Gwandu, said the amount increased from over $308 million two months ago to $311 million because of the interest that accrued.

He noted that the litigation process for the return of these assets titled “Abacha III” commenced in 2014, while the diplomatic process that culminated into the signing of the Asset Return Agreement in February.

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Maruf Ajimatihttps://marsteinnews.com
Maruf Ajimati is the Chief Editor of the Marstein News which is aimed at publishing both local and international information in a justified, and accurate manner in the Federal Republic of Nigeria.

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