Loots

Nigeria, Jersey, US Sign To Recover $321m Abacha’s Loot

January 30, 2020 6:35 am

The Federal Executive Council (FEC) on Wednesday approved the signing of an agreement with the Island of Jersey and the United States of America for the repatriation of $321m stolen assets recovered from the former military ruler, late Gen. Sani Abacha.

Addressing State House Correspondents after a Federal Executive Council (FEC) meeting presided over by President Mohammadu Buhari, Attorney General of the Federation and Minister of Justice, Abubakar Malami, said council okayed the tripartite agreement to be signed next week for the purpose of repatriation of the looted assets.Malami disclosed that the recovered funds will be expended on Lagos-Ibadan Expressway,

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