Late Abacha: Switzerland Set To Return Another $300m To Nigeria

After returning more than $700 million stolen by late Head of State, Sani Abacha, Swiss officials have said they are about to return another $380 million Nigerian money, stolen and stashed in accounts in Switzerland by the late Head of State.

The money was confiscated in 2014 after it was transferred to the country from Luxembourg where it had been seized since 2006. The process of returning the loot to Nigeria will be supervised by the World Bank.

Posted by Kunda on March 19, 2015. Filed under AFRICA. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

7 Responses to Late Abacha: Switzerland Set To Return Another $300m To Nigeria

poly

March 19, 2015 at 8:58 am

What moderation!are you undergoing your initial stages of lunacy bwana Tumfweko?
New Educated Zambia©

March 19, 2015 at 12:50 pm

This is a typical sad story of the average african nation. Resources stolen and taken to foreign land to make their foreign masters even richer. We know these things are happening under the PF government. Alot of incomprehensible things have happened since september 2011. How does the president take RDA to his bedroom at state house and people think this is transparency. Meanwhile Lungu, in addition to being president is also defence minister. We know why he has held on to that strategic position. COme 2016 once we form government the UPND will ensure that such chaps are brought to book
virgin angel

March 19, 2015 at 1:11 pm

So NEZ are the goons employed by upnd to comment on virtually everything on all social sites. Give us a break, GET LOST!
- New Educated Zambia©
  
  March 19, 2015 at 2:40 pm
  
  kiki mukose bane. 2016 it is forward. uwashala ashalila
jekam

March 19, 2015 at 6:08 pm

Pf will still win 2016 elections however much you talk you are just punishing yourself with that kind of talk,and since he is the only candidate who can stand 4 president in that party it will collapse after he leaves in frustration in 2016.we are very much aware that its a predicament for u to market a different candidate
- New Educated Zambia©
  
  March 19, 2015 at 7:17 pm
  
  kiki mune the convention will naturally choose the best candidate for the UPND. We follow procedure and systems in the PF. Even you if you want you can join the UPND and contest presidency at party level. Should you be successful we will rally behind you. Nothing complicated or sinister. the rest of drivel you have predicted are just that, your personal silly predictions based on your insecurity. Just like your president who seems to be living in a glass house
  - New Educated Zambia©
    
    March 19, 2015 at 7:17 pm
    
    in the UPND. I think the day is taking its toll on me. Has been one stressful day hence the silly mistake