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£211m Alleged Abacha Loot seized in Channel Islands

BellaNaija.com

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General Sani Abacha

Over £211m worth of funds allegedly belonging to Nigeria’s former Head of state General Sani Abacha have been seized from a Jersey bank account, Metro UK is reporting.

It is alleged that the former military Head of State allegedly laundered money through the U.S into the Channel Islands.

Doraville Properties Corporation, a British Virgin Islands Company had lodged the money in accounts held in Jersey.

Metro reports that the money is being held by the government until Jersey, U.S, and Nigerian authorities agree on how it should be distributed.

In 2014, Jersey’s Attorney General, at the request of U.S authorities, applied for a restraining order over the bank account balance of Doraville. This application was granted.

Doraville challenged the order up to Jersey’s apex court, Privy Council, and it was rejected all through.

3 Comments

  1. Bagudu bagudu

    June 4, 2019 at 4:58 pm

    Do people really care at this point.

    1
  2. Tamuno

    June 4, 2019 at 6:24 pm

    All i can remember is when our President did say Abacha didn’t steal.

  3. Kilimanjaro

    June 4, 2019 at 11:40 pm

    The whole world knows that Abacha looted so much of Nigerian treasuries.
    However, the whole world is yet to know that both Jersey and the U.S.A are bigger thieves for encouraging corruption.

    Mtcheeew.

    1

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