Skip to main content

Switzerland Returned Abacha Loot With Interest

Switzerland said it has returned all the money kept in the country by late Nigeria’s Head of State Gen. Sani Abacha, with 1.5 million dollars interest.

Amb. Pio Wennubst, Assistant Director-General and Head, Global Cooperation Department, Swiss Agency for Development and Cooperation, told the Correspondent of the News Agency of Nigeria (NAN) in New York.

Wennubst said Switzerland returned about 322.5 million dollars (N116.11 billion) to the Federal Government.

According to him, the original amount was 321 million dollars.


The Federal Government had announced receipt of 322.51 million from the Swiss government as part of the looted funds recovered from the late former Head of State.

The Minister of Finance, Mrs Kemi Adeosun, through her Special Adviser, Media and Communications, Oluyinka Akintunde, had confirmed the receipt of money from Switzerland.

Akintunde said: “We state that $322,515,931.83 (N116,105,735,458.80) was received into a Special Account in the Central Bank of Nigeria (CBN) on Dec. 18, 2017, from the Swiss government’’.

Confirming this, Wennubst said: “We returned 321 million dollars including the interests.

“We return all the amount, 322.5 million dollars including the interest for the time that the funds were blocked’’.

The Swiss envoy also said that the money was returned to the Nigerian Government unconditionally.

Comments

Post a Comment

Popular posts from this blog

Watch shocking video which shows a Filipino maid being sexually harassed by her Saudi Arabia boss

  A Filipino maid living and working in Makkah, Saudi Arabia shared this shocking video of her boss sexually harassing her while she was busy in the laundry room.
Post a Comment
Read more

21 year old model has 4.4m Instagram fans thanks to her natural curves (photos)

21-year-old top Russian model Anastasia Kvitko has amassed a whopping 4.4million followers on Instagram thanks to her eye whopping shape that includes natural boobs and bum that has seen her being compared to Kim Kardashian. Anastasia, who has been dubbed 'Russia's Kim K' has now moved to Los Angeles to pursue her modelling career boasting a 38-25-42 figure. According to MailOnline she said:  "'I like Kim Kardashian but I don't quite like being compared to her - she is far behind me."  My body is sporty, my hip muscles are trained, my bottom is the most beautiful one, and I have not done any plastic surgeries on my face." While some fans speculate that Anastasia's figure is down to surgery, she claims to be completely natural. '''I like to see bosoms and bottoms, I don't like over slim girls. But you have to be careful with American girls. They often go through surgeries and pour fat into their bottoms taken from...
Post a Comment
Read more

Mum, 31, who fell pregnant by 16-year-old lover she met on Facebook reveals he delivered their baby at home

A 31-year-old mum from County Durham in North East England has told of how she met a 16-year-old boy on Facebook and they became lovers. Now they have gone way beyond that, to become parents to a newborn baby and she describes them as a "happy family". Kathleen Martin met Jack Fucile on Facebook in June 2015, after he offered to help sort out her garden. Despite being only five years older than her oldest child, they began a sexual relationship and after 7 months together, she discovered she was pregnant. When it was time to have the baby, she ended up delivering the child in her bedroom, with the help of Jack, because she had gone into labour three-and-a-half weeks early. She said for days she had felt her baby was coming and went to the hospital but was asked to go home that she wasn't due. She returned to the hospital five times and was turned back every time. After the fifth trip to the hospital, as she and Jack prepared to go to bed, her water br...
Post a Comment
Read more