Promoting Good Governance.

FG Recovers 22.5 million Pounds Abacha Loot

The federal government has recovered over £22.5 million allegedly stolen by the late  military head of state, Sani Abacha.


The Attorney General and Minister of Justice, Mohammed Adoke, said this on Thursday at the on-going ministerial platform in Abuja.


He said the money was recovered in 2011, from one Raj ArjandesBhojwani, an Indian national and associate of the late Abacha.


Adoke also said that the Principality of Liechtenstein recently confiscated the sum of €175 million from the Abacha family and associate companies iwhich his ministry ensure is equally repatriated.


“During the period under review, the ministry intensified its efforts to trace and repatriate Nigeria’s stolen assets abroad. In this connection, …our close liaison and negotiation with the Island of Jersey led to the recovery and repatriation of the sum of £22.5 million confiscated by the Royal Court of Jersey from Raj ArjandesBhojwani, an Indian national and associate of General Sani Abachaon account of his money laundering transactions from Nigeria,” the minister said.