Nigeria’s Justice Minister Abubakar Malami says the country has recovered more than $2 trillion that had been looted from the national treasury, according to reports.
Malami noted that the Economic and Financial Crimes Commission, (EFCC), has so far recovered the money looted by “criminal groups and public office holders” over the past 12 years, the Vanguard reported.
Recently, Nigeria’s Foreign Minister Geoffrey Onyeama said the country is in the process of negotiating with the government of Switzerland for the transfer of $300 million in recovered funds from the family of former military leader Sani Abacha.
Onyeama said $700 million that Abacha hid in Swiss accounts has already been repatriated from the country, Reuters reports.
Nigeria’s Justice Minister Abubakar Malami says the country has recovered more than $2 trillion that had been looted from the national treasury, according to reports.
Malami noted that the Economic and Financial Crimes Commission, (EFCC), has so far recovered the money looted by “criminal groups and public office holders” over the past 12 years, the Vanguard reported.
Recently, Nigeria’s Foreign Minister Geoffrey Onyeama said the country is in the process of negotiating with the government of Switzerland for the transfer of $300 million in recovered funds from the family of former military leader Sani Abacha.
Onyeama said $700 million that Abacha hid in Swiss accounts has already been repatriated from the country, Reuters reports.
