Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » Nigeria, US sign agreement on return of Abacha, Alamieyeseigha’s loot

    Nigeria, US sign agreement on return of Abacha, Alamieyeseigha’s loot

    December 9, 2017
    Share
    Facebook Twitter LinkedIn WhatsApp
    *Chatham House, London.

    Oscarline Onwuemenyi

    09 December 2017, Sweetcrude, Abuja – The Attorney-General of the Federation and Minister of Justice, Mr. Abubakar Malami, has signed an agreement with the United States of America spelling out the roadmap for the return to Nigeria over $300m looted by Nigeria’s former Head of State, the late Gen. Sani Abacha, and a former Governor of Bayelsa State, the late Chief Diepreye Alamieyeseigha.

    Malami said the US government had taken custody of the money, including parts of it stashed in the United Kingdom, France, and Jersey.

    This is contained in the speech delivered by the Attorney-General at the Chatham House, London in the United Kingdom, on Thursday.

    A copy of the speech made available to journalists in Abuja yesterday by the minister’s Special Adviser on Media and Publicity, Mr. Salihu Isah, via e-mail, was titled, ‘Nigeria’s Anti-Corruption Effort: Working with the Media, Civil Society and International Partners’.

    The minister stated that the US government took custody of the over $300m following forfeiture orders made by American courts.

    He said of the $300m, the sums of $1.6m and £21.7m were in the UK, $145m was stashed in France, and $299m in Jersey.

    The disclosure by the Attorney-General of the Federation followed an earlier tripartite agreement he signed alongside the representatives of the Swiss government and World Bank for the return by Switzerland to Nigeria the sum of $321m looted by Abacha and members of his family.

    Related News

    China to drive global ethylene capacity additions through 2030

    Schneider Electric’s programme trains over 38,000 youths in Anglophone Africa

    InterContinental Energy’s P2(H2)Node™ system cuts green hydrogen costs

    E-book
    Resilience Exhibition

    Latest News

    NNPC Ltd withheld N500bn revenue in 2024 – World Bank

    May 15, 2025

    Navy foils crude heist worth millions, destroys illegal refinery in Bonny

    May 15, 2025

    Customs intercept explosives concealed in Quran at Seme border

    May 15, 2025

    Fuel cells for faster fuelling and falling emissions 

    May 15, 2025

    China to drive global ethylene capacity additions through 2030

    May 15, 2025
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2025 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.