Showing posts with label Abacha. Show all posts
Showing posts with label Abacha. Show all posts

Thursday, 22 May 2014

Nigeria asks U.S. to return $500 million Abacha loot to country

 
“General Abacha was one of the most notorious kleptocrats in memory, who embezzled billions from the people of Nigeria while millions lived in poverty.”

Despite its inability to adequately explain how the more than $500 million Sani Abacha loot recovered from Swiss authorities was spent, the Federal Government has filed an application at a Washington DC District Court requesting that another $500 million (N75 billion) stolen by the late military dictator, recently frozen by the United States Department of Justice, be repatriated to the country.