Nigeria May Lose Abacha's Loot to the U.S.
The U.S. has over U.S.$400 million that have been officially declared as stolen funds belonging to Nigeria. At least U.S.$480 million was forfeited to the U.S. following a court judgment in August 2014.
Late Sani Abacha
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Nigeria:
Nigeria May Lose Abacha Loot to the U.S.
Guardian, 12 January 2017
Prof. Itse Sagay, Chairman, Presidential Advisory Committee Against Corruption (PACAC), on Thursday said Nigeria risked losing another $550m recovered from the Abacha family to the… Read more »
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Nigeria:
Nigeria May Lose $550 Million Abacha Loot to U.S. - PACAC
Premium Times, 12 January 2017
The Presidential Advisory Committee Against Corruption, PACAC, has raised an alarm on the enormous amount of Nigeria's asset laundered abroad. Read more »
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Nigeria:
Nigeria May Lose Another $550 Million Abacha Loots to U.S., Sagay Warns
This Day, 13 January 2017
The Chairman, Presidential Advisory Committee Against Corruption (PACAC), Prof. Itse Sagay (SAN), yesterday in Abuja warned that Nigeria was closed to losing another $550million… Read more »
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Nigeria:
Nigeria to Lose Another $550 Million Abacha Loot in U.S.
Vanguard, 13 January 2017
The Federal Government, yesterday, stated that the United States was reluctant to release over $ 550 million to Nigeria, being proceeds from identified Gen Sani Abacha loot in the… Read more »