Abacha Loot: Cable Foundation asks Adeosun to speak up on N7bn lawyers’ fee

Cable Newspaper Journalism Foundation (CNJF), a not-for-profit media organisation, has asked Kemi Adeosun, the minister of finance, to explain the N7bn payment to Nigerian lawyers over the return of $321 million Abacha Loot recovered from Luxembourg. In a Freedom of Information request, the foundation wants to be furnished with a breakdown of the amount approved and released for […]

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We returned Abacha loot with $1.5m interest – Switzerland Envoy

Switzerland says it has returned all the money kept in the country by Sani Abacha, late Nigerian head of state. Pio Wennubst, assistant director-general and head, Global Cooperation Department, Swiss Agency for Development and Cooperation, told NAN that the money was returned with $1.5 million interest. Wennubst said Switzerland returned about $322.5 million dollars (N116.11 […]

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$400m Abacha loot: FG to pay Swiss govt $79m commission

There are tangible evidences indicating that the Federal Government have agreed to pay the Government of Switzerland $79m (N25.2bn) as part of conditions for the repatriation of almost $400m (N128bn) recovered from the family of the late military ruler, Gen. Sani Abacha. The Chairman of the Civil Society Network Against Corruption, Mr. Olanrewaju Suraj, said […]

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