Nigeria receives $311.7m Abacha loot from US, Jersey

The Federal Government on Monday confirmed the receipt of $311.7M from the Abacus loot from the United States and Jersey. Attorney-General of the Federation and Minister of Justice, Abubakar Malami, announced this through a statement by his spokesperson, Umar Ganduje.he said that the Nigerian government on Monday received $311,797,866 of the Abacha loot. The money was repatriated from the United States and the Bailiwick of Jersey after agreement was reached based on international law and guidelines that sets out the procedures for repatriation of the assets. According to Gwandu, the…

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