Abacha Loot: Jersey Island Gives Condition For Return Of $300Million To Nigeria

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The authorities of Jersey Island have stated that the $300 million loot the late Head of State, General Sani Abacha, kept in the Island would not be released to Nigeria if a third party representation was brought into the picture.

It is believed that Nigeria’s former military dictator stole billions of dollars of government money before his death in office.

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The Minister and Attorney-General of Jersey Island, Robert J. MacRae, made this known on Tuesday when he spoke at the ongoing 7th Session of Conference of State Parties to the United Nations Convention Against Corruption holding in Vienna, Austria.

It is understood that Mr. MacRae gave the condition for the return of the funds during a side meeting with the Nigeria delegation led by the acting Chairman of the Economic and Financial Crimes Commission, (EFCC), Ibrahim Magu.

The EFCC was accompanied to the meeting by four members of the Nigeria delegation, its spokesperson, Wilson Uwujaren, said.

The Jersey Attorney General expressly stated that negotiations in respect of repatriation of the $300 million (about N108 billion) being part of the Abacha loot involving Jersey, Nigeria and the United States, “must be government to government cooperation”.



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