Nigeria Seals Deal With Switzerland To Return $321m Abacha Loot..

Nigeria and Switzerland have sealed a memorandum of understanding (MoU) for the return of $321 million traced to former Nigerian military ruler, Sani Abacha.

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The deal was signed on behalf of Nigeria by Abubakar Malami, the attorney-general of the federation, in Washington DC, US, on Monday afternoon at the headquarters of the World Bank Group.

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When returned, the money is expected to be expended on social protection programme in Nigeria.

More to follow…