News
New Jersey Court Orders Return Of $8.9m Looted Under Jonathan To Nigeria
Eko Hot Blog reports that Jersey’s Royal Court has granted a ruling favoring the return of stolen assets worth £6.9 million ($8.9 million) to Nigeria.
The decision comes after Jersey’s Attorney General issued a forfeiture notice in November, asserting that the funds, deposited in a Jersey bank account, were likely misappropriated by Nigerian government officials in 2014.
The illicit transfer of funds was reportedly disguised as government-sanctioned contracts for arms purchases during Boko Haram incursions in Nigeria between 2009 and 2015.
Former President Goodluck Jonathan of the Peoples Democratic Party (PDP) was in power between 2010 and 2015.
Sambo Dasuki, Former National Security Adviser
Recall that a lot of controversy had surrounded the purchase of weapons in the fight against insurgency with the then National Security Adviser (NSA), Sambo Dasuki, being accused of diverting funds meant for security equipment.
Also in late 2014, a private jet belonging to the-then President of the Christian Association of Nigeria (CAN), Pastor Ayo Oritsejafor, was arrested in South Africa with $10m cash, which was allegedly meant for the purchase of military weapons.
Pastor Ayo Oritsejafor, Former CAN President
The Jersey court found that most of the funds, initially intended for legitimate arms deals, had been diverted through foreign bank accounts and shell companies linked to the People’s Democratic Party (PDP), the former ruling party in Nigeria.
Click To Watch Our Video Of The Week
Advertise or Publish a Story on EkoHot Blog:
Kindly contact us at [email protected]. Breaking stories should be sent to the above email and substantiated with pictorial evidence.
Citizen journalists will receive a token as data incentive.
Call or Whatsapp: 0803 561 7233, 0703 414 5611
