A bank account containing £211m (approximately N82bn) has been traced to a former Nigerian military dictator, General Sani Abacha.
The money was recovered and subsequently confiscated in Jersey, Channel Islands, on the request of the United States of America Government.
Late Abacha was said to have laundered the money through the US into the Channel Islands before his death in 1998.
According to a report by Metro UK on Tuesday, the money was put in accounts held in Jersey by Doraville Properties Corporation, a British Virgin Islands company.
The report said the money was now being held by the government until authorities in Jersey, the US and Nigeria came to an agreement on how it should be distributed.-Source: PUNCH Newspaper.
A bank account containing £211m (approximately N82bn) has been traced to a former Nigerian military dictator, General Sani Abacha.
The money was recovered and subsequently confiscated in Jersey, Channel Islands, on the request of the United States of America Government.
Late Abacha was said to have laundered the money through the US into the Channel Islands before his death in 1998.
According to a report by Metro UK on Tuesday, the money was put in accounts held in Jersey by Doraville Properties Corporation, a British Virgin Islands company.
The report said the money was now being held by the government until authorities in Jersey, the US and Nigeria came to an agreement on how it should be distributed.-Source: PUNCH Newspaper.
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