FG confirms receipt of $322.5m from Switzerland – Punch Newspapers

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Ifeanyi Onuba, Abuja

The Federal Government on Tuesday confirmed the repatriation of the sum of $322.5m to Nigeria by the Swiss Government as part of funds looted by the late former military Head of State, Gen. Sanni Abacha.

The Minister of Finance, Mrs. Kemi Adeosun, confirmed the release of the fund in a statement issued by her Media Adviser, Oluyinka Akintunde.

The minister said the money was paid to the Federal Government through the Central Bank of Nigeria on December 18, 2017.

Adeosun also denied blocking the payment of $16.9m fees to two lawyers, being payment for the recovery of the looted funds by the late head of state.

Media reports (not in The PUNCH) had alleged that the finance minister wrote a letter to President Muhammadu Buhari blocking the payment of the amount to the lawyers.

But Adeosun stated that there was no time she wrote any letter to the President or any…



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