Wednesday 5 December 2012

Abacha loot: Switzerland has returned $700m to Nigeria – Swiss envoy


Close to 15 years after the death of General Sani Abacha, Nigeria’s former military ruler, the Swiss Government has said that it has so far returned to Nigeria the sum of $700 million stolen by the late dictator and deposited in several Swiss banks.
The Swiss Ambassador to Nigeria, Dr. Hans-Rudolf Hodel, announced the figure at a media briefing in Abuja, yesterday.

The envoy explained also that in the last 15 years, Switzerland has returned about $1.7 billion of illicit money to their countries of origin including Angola, Peru, Nigeria and the Philippines.

And how come no one is talking about this money...guess it has gone underground too...as usual of course.

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