Categories: News

[JUST IN] US To Repatriate $23m Abacha Loot

[JUST IN] US To Repatriate $23m Abacha Loot

 

EKO HOT BLOG reports that Nigeria and the United States government have reached an agreement on the return of over $23 million of the Abacha loot.

 

EDITOR’S PICK

 

The agreement signing ceremony was held in the office of the Minister of Justice and Attorney General of the Federation, Abubakar Malami on Tuesday.

 

While Malami signed on behalf of the Nigerian government, the U.S Ambassador to Nigeria, Mary Beth Leonard signed on the behalf of the U.S government.

 

FURTHER READING

 

According to Malami, the fund when returned will be invested in three ongoing projects by the Federal Government, including the ongoing Abuja-Kaduna road and the 2nd Niger Bridge.

 

Click to watch our video of the week

Yinka Akanbi

Yinka is an aesthete and a cosmopolite.

Share
Published by
Yinka Akanbi

Recent Posts

BREAKING: Soldiers, Unknown Gunmen Exchange Bullets in Abia

A fierce gun battle has been reported between personnel of the Nigerian Army’s 14 Brigade,…

32 minutes ago

Troops Thwart ISWAP Attack In Borno

Troops of Sector 3, operating under the Multi-National Joint Task Force (MNJTF) and Operation Hadin…

45 minutes ago

Lagos Govt Confiscates 128 Motorcycles For Illegal Operation In Lagos

A Lagos State Taskforce has impounded 128 commercial motorcycles popularly known as “Okada”, for operating…

2 hours ago