24 Years After His Death US To Return $23m Abacha Stollen Funds

Nigeria and the United States government have agreed concerning the return of over $23 million belonging to Nigeria that the late former head of state, General Sani Abacha stole and stashed away in foreign account while he was in office.

This agreement signing ceremony was held in the office of the Minister of Justice and Attorney General of the Federation, Abubakar Malami on Tuesday. Malami signed on behalf of the Nigerian government, and the U.S Ambassador to Nigeria, Mary Beth Leonard signed on the behalf of the U.S government.

According to Mr. Malami, the fund when returned will be used in three ongoing projects by the Federal Government, including the ongoing Abuja-Kaduna road and the 2nd Niger Bridge.

It could be recalled that Nigeria has in the past recovered several other tranches of the Abacha loot, which were believed to have been diverted from public coffers by the military administration of General Sani Abacha in the 1990s.

Related posts