Nigeria, US to share $267m Abacha loot | Nigerian News. Latest Nigeria News. Your online Nigerian Newspaper. f

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The more than $267m (£210m) belonging to former Nigerian dictator General Sani Abacha is to be shared between Nigeria, Jersey and the United States.

The money was seized from a Jersey bank account belonging to Abacha.

The money was “derived through corruption” during the presidency of Sani Abacha in the 1990s, according to Jersey’s Civil Asset Recovery Fund.

A shell company called Doraville held the funds, which were frozen in 2014.


It was gathered that after a five-year legal wrangle, the money has now been recovered and will be split between Jersey, the United States and Nigeria.

Jersey’s attorney general, Robert McRae QC, said the seizure “demonstrated [Jersey’s] commitment to tackling international financial crime and money laundering”.



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  1. Abacha just 'thief thief' our money anyhow... Make him soul rest anyhow!!!

    ReplyDelete

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