The government of Switzerland is readied to exchange to the Nigerian government, another $300 million recuperated from the family of former military ruler, Sani Abacha, foreign minister, Geoffrey Onyeama, declared Monday.
The cash is a piece of an expected $5 billion stolen and stashed in outside records by the late tyrant.
Nigeria has in the most recent 10 years got over $1 billion from the Swiss and American governments, however there are developing worries past administrations abused the tremendous sum
The Swiss government says it has so far returned $723 million (about N142.43 billion) of the Abacha loot to the Nigerian government over the last 10 years. According to Premium Times, the Swiss government made this known in a memorandum of understanding it signed with the Nigerian government on March…
A United States’ District Court, Saturday, dismissed a case filed by a Nigerian lawyer, Godson Nnaka, where he asked that the repatriation of over $550 million stolen funds during the regime of late General Sani Abacha to Nigeria be stopped until the payment of his legal fees worth $320 million…
The Socio-Economic Rights and Accountability Project (SERAP) has called on President Muhammadu Buhari to probe the office of former finance minister Ngozi Okonjo-Iweala, over mismanagement of funds. The body said it’s received documents detailing how the ex minister mismanaged funds recovered from the World Bank which was stolen by ex…