UK Metro reports indicate that a British court has seized 211,000,000 million pounds looted by the General Sani Abacha, Nigeria’s former dictator and military head of state.
The money had been put in accounts held in Jersey by Doraville Properties Corporation, a British Virgin Islands company was laundered through the U.S. into the Channel Islands but eventually discovered and recovered.
According to the report, “Money to the value of £211,000,000 has been seized from a Jersey bank account that belonged to a former dictator.
“General Sani Abacha was a Nigerian army officer and de facto president between 1993 until his death in 1998.
“He laundered money through the U.S. into the Channel Islands and now that money has been recovered.
“The money was put in accounts held in Jersey by Doraville Properties Corporation, a British Virgin Islands company.
“The money is now being held by the government until authorities in Jersey, the U.S. and Nigeria come to an agreement on how it should be distributed.
It will be recalled that other loot tied to the dictator has also been found and returned in the past as follows:
- $227Million was returned June 25, 2014 from Liechtenstein
- $700 Million confirmed returned back to Nigeria by Swiss Ambassador
- $1Bn voluntarily returned by the Abacha family to the Federal Government
