Swiss Government Says They Have Returned The $322.5m Abacha Loot Alongside $1.5m Interest

Switzerland government has revealed that they have returned all the money late military dictator, Gen. Sani Abacha, stole alongside $1.5 million interest.

Amb. Pio Wennubst,, the Assistant Director-General and Head, Global Cooperation Department, Swiss Agency for Development and Cooperation, made this known during an interview with NAN in New York.

Wennubst stated that the money was originally $321 million but calculations with interest made it more with $322.51 million (N116.11 billion) extra sent to the Federal Government in December 2017.

Related Posts

I Was Unsure About The Love Nigerians Had For My Sound –…

SEE ALSO:  14-Year-Old Boy Arrested For Stabbing Student To Death
1 of 48,736

Last week, FG announced that it has received $322.51 million Abacha loot from the Swiss government.

The Minister of Finance, Kemi Adeosun, via her Special Adviser, Media and Communications, Oluyinka Akintunde, confirmed the receipt of money.

SEE ALSO:  How Nollywood is promoting money rituals, kidnapping – Fashola

We state that $322,515,931.83 (N116,105,735,458.80) was received into a Special Account in the Central Bank of Nigeria (CBN) on Dec. 18, 2017, from the Swiss government, ” Akintunde said in a statement.

Wennubst in his words said; “We returned 321 million dollars including the interests. We return all the amount, 322.5 million dollars including the interest for the time that the funds were blocked’’

SEE ALSO:  Nigerian Pastor Spotted Preaching Inside Plane [Video]

“We are not talking about the condition; there was a programme on the social safety net that was developed by the Government of Nigeria and the Bank. After discussing, the only condition, set by the judiciary, not by us, was that the return of this asset should have been monitored by the World Bank and this is wh

 

Join GLtrends On Whatsapp For Updates & Daily Giveaway

Leave A Reply

Your email address will not be published.