BRITISH COURT SEIZES ABACHA’S LOOTED N82BN

Written by on June 5, 2019

Reports say A British court has seized the sum of N81.9bn being money looted by the former Nigerian dictator and military head of state, General Sani Abacha.

The said money was seized from a Jersey bank account that belonged to General Abacha. According to a report by the UK Metro, the money worth £211,000,000 was laundered through the US into the Channel Islands and the money has been recovered.

The money was put in accounts held in Jersey by Doraville Properties Corporation, a British Virgin Islands company. The report said the money was seized is being held by the government until the Jersey authorities, the US and Nigerian authorities come to an agreement on how the money would be distributed.


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