Nigeria, Switzerland Agree On Refund Of $300 Million Abacha Loot – Minister

abacha sanni


By OKECHUKWU PEACE

 

The Nigerian government is now set to receive from Switzerland another $300 million recovered from the family of former military ruler, Sani Abacha, foreign minister, Geoffrey Onyeama, announced Monday.

The money is part of an estimated $5 billion stolen and stashed in foreign accounts by the late dictator.

Nigeria has in the last 10 years received over $1 billion from the Swiss and American governments, but there are growing concerns past administrations misused the huge sum.

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