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Tag Archives: Abacha Loot

abacha loot

Switzerland signs MoU with Nigeria on the repatriation of $321m Abacha alleged loot .

Today, Nigeria and Switzerland signed a Memorandum of Understanding (MoU) on the repatriation of $321 million stashed in the country’s banks by the late Gen. Sani Abacha. The pact also seeks to block accounts linked to stolen funds. The Swiss ...

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Abacha Loot Is Too Huge For Us To Handle, Says World Bank.

The World Bank has said it needs additional time to provide comprehensive information on the funds looted by the late Head of State, General Sani Abacha. The World Bank told a human civil society group, Socio-Economic Rights and Accountability Project ...

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Swiss Bank set To Return Additional $380M Of Abacha’s Loot To Nigeria.

Geneva prosecutors said Tuesday they requested the cash seized in Luxembourg beginning in 2006. It was transferred to Switzerland and formally seized a year ago after an assention in the between  Nigeria and the Abacha family under which the Nigerian government dropped ...

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