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Wednesday, August 24, 2022

FG, US sign agreement on return of over $23 million Abacha loot

The Federal Government and the United States Government have reached an agreement on the return of more than $23.439 million Abacha loot.

The agreement involves the management of some forfeited assets in relation to MECOSTA/Sani Mohammed Asset known as Abacha V.

The agreement which is on the sharing, transfer, repatriation, disposition and management of the said asset was signed by the Attorney General of the Federation and Minister of Justice, Abubakar Malami, SAN, on behalf of Nigeria and the US Ambassador to Nigeria, Mary Beth Leonard on behalf of the U.S government.
The agreement signing ceremony was held in the office of the Minister of Justice and Attorney General of the Federation, Mr. Abubakar Malami on Tuesday in Abuja.

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