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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 โ€œAbacha IIIโ€ 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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