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Abacha Loot: Jeysey Island Gives Nigeria Conditions For The Return Of $300M

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The government of Jeysey Island has said it will not return the $300m loot kept in the island by the late former military president, General Sani Abacha if a third party representation is included.

This was disclosed on Tuesday, November 7th, 2017, during the ongoing 7th Session of  Conference of  State Parties to the  United Nations Convention Against Corruption, held in Vienna, Austria by the Honourable Minister and Attorney General of Jersey Island, Robert J. MacRae QC.

MacRae spoke at a side meeting with the Nigeria delegation led by the acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, according to a statement on Tuesday

The Jersey Attorney-General stated that with the negotiations holding between Jersey, Nigeria and the United States in respect of repatriation of the $300m loot, the process “must be government to government cooperation”.

The EFCC was accompanied to the meeting by four members of the Nigeria delegation.

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Akin Akingbala is an international journalist based in Lagos, Nigeria. Aside being happily married, he has interests in music, sports and loves traveling.

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