Home / International / US To Return $23m Loot Of Nigerian Former Military Ruler, Sani Abacha

US To Return $23m Loot Of Nigerian Former Military Ruler, Sani Abacha

Spread the love

The United States of America [US]  has agreed to return another instalment of $23m (£19m) to Nigeria – part of money allegedly looted and stashed abroad by former Nigerian military ruler Sani Abacha.


This is part of a deal sealed on Tuesday in the Nigerian capital, Abuja, between the two countries.


Justice Minister Abubakar Malami signed on behalf of Nigeria while the US ambassador to Nigeria Mary Leonard signed the agreement on behalf of the US government.

See also  G7 Asks World Bank To Support Ghana, Other African Countries


Mr Malami said the funds to be repatriated ”soon” will be spent on infrastructural development in the country.

The US had in 2020 returned more than $300m to the West African country.

See also  British Airways Shutting Down Nigerian Operations


General Sani Abacha died while in office in 1998. He was accused of stealing billions of dollars of public funds and stashing them in Europe and the US.


In recent years, the Nigerian government has secured the release of part of the loot from several countries including Switzerland, Britain and the US.

See also  Fight Breaks Out In Kenya Parliament Over Which Party Is Majority









Thanks for reading from TodayGhanaMedia.com as a news publishing website from Ghana.



















Source:  BBC






Disclaimer: TodayGhanaMedia.com is not responsible for this report and its content. 


There are four types of content published on  TodayGhanaMedia.com  daily: curated content; syndicated content; user-generated content; and original content.



Send your news stories to todayghanamedia@gmail.com and Chat with us via WhatsApp on +233 200818719






About admin

Check Also

Ghanaian-American Soldier In US Army Killed By Fellow Soldier During Altercation

Spread the love A soldier assigned to Fort Rucker, Alabama, was arrested Tuesday after brutally …

Leave a Reply

Your email address will not be published. Required fields are marked *