Why repatriation of N218b Abacha loot from US is delayed – Malami

Attorney General of the Federation and Minister for Justice, Abuakar Malami (SAN) has explained that a suit filed by a lawyer, Godson Nnaka, for a share in assets recovered from former military ruler, Sani Abacha, valued at $458 million ‎is stalling the reparation of the money to Nigeria.

In a statement he issued in Abuja, the minister said that ‎in 2013, the United States Department of Justice, (USDOJ) as part of its Kleptocracy Asset Recovery Initiative, commenced a forfeiture proceeding to confiscate approximately $550 million that had been corruptly obtained by late General Abacha and his associates (the “Abacha Case”).

Details later…