LeviTodaY: Abacha loot
  • ADVERTISE ON OUR PLATFORM

    I can help you promote your offline/online business, start-up, seminar etc to my targeted blog readers and you will get a good value for your money.You can use Sponsored post, Banner ads or Text ads to advertise on my blog..

Showing posts with label Abacha loot. Show all posts
Showing posts with label Abacha loot. Show all posts

U.S Court Clears Legal Hurdle For Repatriation Of $550 Abacha Loot


A United States District Court, yesterday, dismissed a case by a Nigerian lawyer seeking to stop the repatriation of over $550 million of stolen funds during the regime of late General Sani Abacha (referred to as the Abacha loot) to Nigeria until the payment of his legal fees worth $320 million by the Nigerian Government.

The thrashing of the case by Justice John D. Bates of the U.S District Court automatically clears the final legal hurdle for the return of the loot to Nigeria to help it retool its plummeting economy which has received heavy pummelling from falling oil prices and corruption.

The U.S-based Nigerian lawyer, Godson Nnaka, had laid claim to the fact that the Nigerian Government must pay him the $320 million as legal fee for the forfeiture of the $550 million of the Abacha loot still trapped in the United States.

But Justice John D. Bates, in dismissing Nnaka’s case, held the claimant was not entitled to such payment since he was not a party to the forfeiture case filed by the US Department of Justice in conjunction with Nigeria.

Share:

Follow on Twitter

FacebooK

Powered by Blogger.

Ad

Last 24hours Pageviews

Adblabla