BERLIN: Swiss officials say they are returning to Nigeria some $380 million linked to the country’s former dictator, Gen. Sani Abacha.
Geneva prosecutors said Tuesday they ordered the money seized in Luxembourg starting in 2006. It was transferred to Switzerland and officially confiscated last year following an agreement between Nigeria and the Abacha family under which the Nigerian government dropped its case against the late dictator’s son, Abba Abacha.
The money, confiscated on the basis that the Abacha family was a criminal organization, will now be returned to Nigeria under World Bank supervision.
Geneva prosecutors closed their own case, opened in 1999, in which Abba Abacha was the last person still under investigation.
Switzerland has previously returned to Nigeria more than $700 million that Sani Abacha stashed in Swiss accounts.
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Posted: at 17-03-2015 06:26 PM (10 years ago) | Addicted Hero
benosky4 at 17-03-2015 06:53 PM (10 years ago) (m)
Topic: man O man! Swiss Bank To Return Additional $380M Of Abacha's Loot To Nigeria (dis is no Boi matter)
#MyVerdict.
Posted: at 17-03-2015 06:53 PM (10 years ago) | Gistmaniac
AND BUHARI IS SAYING THAT ABACHA WAS A SAINT, WHAT A SHAME, WHAT A PITY WHAT A SCAM. I PRAY THAT GOD WILL DELIVER NIGERIA SOMEDAY FROM THE HANDS OF THESE CRIMINALS. JONATHAN IS NOT A PERFECT CHOICE BUT BUHARI IS IN NO WAY BETTER. HE HAS A SECRETE AGENDA THAT HE SO DESPERATELY WANTS TO EXECUTE. MAY GOD HELP US.
Posted: at 17-03-2015 07:41 PM (10 years ago) | Newbie
With all these stolen money one retired general called Buhari is saying Abacha is not corrupt and expecting us to believe he will fight corruption when elected.
Posted: at 17-03-2015 10:00 PM (10 years ago) | Upcoming
royalsam450 at 18-03-2015 01:11 AM (10 years ago) (m)
Quote from: leviga on 17-03-2015 07:41 PM
AND BUHARI IS SAYING THAT ABACHA WAS A SAINT, WHAT A SHAME, WHAT A PITY WHAT A SCAM. I PRAY THAT GOD WILL DELIVER NIGERIA SOMEDAY FROM THE HANDS OF THESE CRIMINALS. JONATHAN IS NOT A PERFECT CHOICE BUT BUHARI IS IN NO WAY BETTER. HE HAS A SECRETE AGENDA THAT HE SO DESPERATELY WANTS TO EXECUTE. MAY GOD HELP US.
Brother if every body can tink this way i belive nigeria will have good change and we will stick with jona jona is still manageble
Posted: at 18-03-2015 01:11 AM (10 years ago) | Upcoming
this guy stole this country dry, no wander half of Nigerians are in diaspora! after Yoruba man will say igbo man and money, this is the biggest thief Nigeria ever produced. all these politicians looking for mumu's to vote for them so they can continue to steal and bank money abroad, my question is.. why can't they use the money to develop this dustbin country they claim they love instead of banking it abroad?
Posted: at 18-03-2015 08:00 AM (10 years ago) | Newbie
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