Breaking News

Jersey Island gives condition for return of $300m Abacha loot

By Soni Daniel

The government of Jersey Island said, yesterday, that the $300 million loot the late Head of State, General Sani Abacha, stashed away in the country would not be released to Nigeria if a third party representation was brought into the picture.

Minister and Attorney-General of Jersey Island, Robert J. MacRae, disclosed this at the on going 7th Session of Conference of State Parties  to the United Nations Convention Against Corruption holding in Vienna, Austria.

Late Sani Abacha

MacRae spoke at a side meeting with the Nigerian delegation, led by acting chairman of  Economic and Financial Crimes Commission, EFCC, Ibrahim Magu.

He expressly stated that negotiations in respect of repatriation of the USD300 million, being part of the Abacha loot involving Jersey, Nigeria and the United States, “must be government to government cooperation.”

The EFCC chairman was accompanied to the meeting by four members of the Nigerian delegation.


Comments expressed here do not reflect the opinions of vanguard newspapers or any employee thereof.