More than $267 million traced to the family of late Nigerian despot General Sani Abacha has been seized from a British Virgin Islands bank and paid into government coffers in an American state of Jersey.
The money was a part of more thanย $300 million stash the Jersey State government said on its website was โlaundered through the US banking system by people including President Abachaโs son Mohammedโ during the military regime of General Sani Abacha.
โOn Friday 31 May 2019 US$267,751,992.02 was paid into the Civil Asset Recovery Fund,โย Jersey State said.
โThis fund is managed by the Minister for Treasury and Resources in accordance with the Civil Asset Recovery (International Co-operation) (Jersey) Law 2007, from assets that were previously held by Doraville Properties Corporation.โ Read more