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Nigeria Is Set To Recover Another ₦121bn Abacha loot In UK, France

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Nigeria Reclaims $150 Million In Abacha Loot From France; What We Know

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The United State of America has revealed that a fresh loot of $319m (N121bn) belonging to former Nigerian dictator and military general, Sani Abacha is in the United Kingdom and France.

Few days after helping Nigeria to retrieved $311m (N118bn) stolen by the late Head of State, Sani Abacha, the United States government says there is a fresh $319m (N121bn) in France and the United Kingdom.

In a statement released by US embassy read, “The funds returned last week are distinct and separate from an additional $167m in stolen assets also forfeited in the United Kingdom and France, as well as $152m still in active litigation in the United Kingdom.”

So far the Nigerian government has recovered more than $1 billion – $5 billion Abacha loots.

How much Abacha looted?

Here’s Sani Abacha loots recovered and year recovered;
$750 million in 1999

$1.2 billion in 2002

$149 million in 2003

$500 million in 2004

$458 million in 2005

$1 billion in 2012

$227m in 2014

$48m in 2014

$380m in 2015

$322m in 2017

$311.7m now in 2020

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Source: MandyNews.com

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