Nearly half-billion dollars worth of corrupt gains hidden in banks by late Nigerian dictator Sani Abacha has been gained control of by the US Justice Department .
A court judgement on Wednesday gave the US title to more than $480million that Abacha and his associates embezzled and secured in accounts in Jersey, England, Ireland and France.
The US is still seeking control over another four Abacha-tied investment portfolios of $148 million in Britain.
“General Abacha and others systematically embezzled billions of dollars in public funds from the Central Bank of Nigeria on the false pretense that the funds were necessary for national security
The conspirators withdrew the funds in cash and then moved the money overseas through US financial institutions.
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