16 Mar 2016

KINGSLEY IGWE

In the last 10 years we have returned $723m Abacha loot- Swiss govt says


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 8th.
The repatriated funds is excluding the $321million (about N63.24 billion) which the Swiss authorities will be repatriated to Nigeria soon. The agreement, titled “Letter of Intent on the restitution of illegally-acquired assets forfeited in Switzerland,” was signed by Nigeria’s Attorney-General and Minister of Justice, Abubakar Malami, and the Swiss Head of Foreign Affairs Department, Didier Burkhalter.

KINGSLEY IGWE

About KINGSLEY IGWE -

I've even gone so far as to verbalize it specifically, time is too precious to waste on trivial arguments and negativities. I'd rather get on to the more fun and rewarding stuff right away!

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