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Nigeria in talks with US over $480m Abacha loot

By News Express on 18/11/2016

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The Nigerian Government says it is currently in talks with the government of the United States of America to repatriate about $480m part of the recovered loot stolen by a former head of state Sani Abacha.

A statement from the spokesperson of the president, Garba Shehu, says the country has won a judgment to repatriate the loot back to Nigeria adding that the Attorney General of the Federation Abubakar Malami will be in United States next week to discuss ways to return the money.

He said, “Judgement on the $480m Abacha loot has been won and our Attorney-General, Malami (SAN) will be in the US next week to speak to the Department of Justice on the next steps for the return of that as well.

He also says the government has begun the process of recovering other looted funds in American bank adding that a government account has already been set up for the return of one million dollars from Alamieyesiegha.

Shehu also dismissed claims that President Muhammadu Buhari donated $500m to Hillary Clinton campaign in the just-concluded US election.

He said, “President Buhari’s Nigeria doesn’t have this kind of money to throw around. Even if the money is there, this President is the least likely person to give it as donation, and for what?”

“The U.S is paying to Nigeria, not the other way round.” (TV360 Nigeria)

•Photo shows late Sani Abacha.

Source News Express

Posted 18/11/2016 6:00:12 PM


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