Nigeria’s Federal Government says negotiations with Switzerland on the repatriation of $321 million stolen by former military leader Sani Abacha has been concluded and that the money would be repatriated to Nigeria in December.
A statement from the Attorney General and Minister of Justice’s office said a memorandum of understanding would be signed in early December and that repatriation of the funds would follow a few weeks later.
Transparency International, a corruption watchdog, has accused Abacha of stealing up to $5 billion of public money during the five years he ran the oil-rich country, from 1993 until he died in 1998.
The statement issued by the Attorney Genenral, Abubakar Malami also said the Federal Government had recovered $85 million in funds from an oil licence deal that had been deposited in Britain.
President Muhammadu Buhari has, since taking…
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