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Nigeria and Switzerland Sign Agreement to Return Stolen Assets

President Muhammadu Buhari has ratified a Memorandum of Understanding between Nigeria, the Swiss Federal Council and the International Development Association to facilitate the return of illegally acquired assets to the country. Switzerland said in December that it would return around U.S.$321 million in assets seized from the family of former military ruler Sani Abacha via a deal signed with the World Bank.

Vanguard

Abacha's loot.

InFocus

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