October 24, 2018

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Controversy trails $321m Abacha loot (SUN)

Controversy trails $321m Abacha loot (SUN)

Controversy has continued to trail the $321 million Abacha loot with the Switzerland government and the Federal Government sharply disagreeing over the whereabouts of the money.

While the Swiss Ambassador to Nigeria, Chad, Niger and the Economic Community of West African States, Eric Mayoraz said his government has returned the money, the Minister of Finance, Kemi Adeosun said the Muhammadu Buhari-led government has no information about the return of the said $321 million by the Government of Switzerland.

But the ambassador who spoke exclusively with Daily Sun in Abuja, insisted the money has been deposited in the Nigerian account with the Bank for International Settlements in Basel, Switzerland.

He directed Daily Sun reporter to find out from the Minister of Finance, Adeosun, where the money actually is.

“The money has been put on a bank account of Nigeria at the Bank for International Settlements in Basel, but it belongs to Nigeria. And now, it is in the process of being put on the national bank account here in Nigeria. Read more

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