FG Gets Another $20m Abacha Loot From US
FG Gets Another $20m Abacha Loot From US
The United States Department of Justice said it has transferred over $20.6m to the Federal Government in accordance with an August 23 agreement between the governments to repatriate assets stolen by late dictator, General Sani Abacha, and his co-conspirators.
According to a statement published on the DoJ’s website on Thursday, the repatriation brings the total amount forfeited and returned by the US in this case to approximately $332.4m.
In 2020, the department repatriated over $311.7m of the forfeited assets that had been located in the Bailiwick of Jersey.
Last year, the United Kingdom enforced the US judgment against the additional $20.6m.
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