The
governments of Nigeria and Switzerland have begun talks on how to
return the looted funds confiscated from the Abacha family.
Sani Abacha
Authorities in Switzerland are in talks to arrange the return to
Nigeria of $300 million confiscated from the family of former military
ruler, Sani Abacha.
This was revealed by the Minister of Foreign Affairs, Geoffrey
Onyeama who said $700 million had already been repatriated from
Switzerland, adding that he met Swiss representatives last week for
further talks.
“They have also now recovered, in the same context, another $300 million of which there is ongoing discussion to have that repatriated as well,” Reuters quoted the minister as saying to journalists on Monday.
The corruption watchdog, Transparency International has accused Abacha of stealing up to $5 billion of public money during his five years regime in Nigeria.
“They have also now recovered, in the same context, another $300 million of which there is ongoing discussion to have that repatriated as well,” Reuters quoted the minister as saying to journalists on Monday.
The corruption watchdog, Transparency International has accused Abacha of stealing up to $5 billion of public money during his five years regime in Nigeria.
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