Naija Wahala Blog

Tuesday, 7 November 2017

Jersey Island Gives Conditions For Return Of $300m Abacha Loot



The Jersey Island government insists that the $300 million Abacha loot would not be released to Nigeria if a third party representation is included. 

This was disclosed on Tuesday, November 7th, 2017, during the ongoing 7th Session of Conference of State Parties to the United Nations Convention Against Corruption, held in Vienna, Austria by the Honourable Minister and Attorney General of Jersey Island, Robert J. MacRae QC.

MacRae spoke with the Nigeria delegation at a side meeting led by acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu.

The Jersey Attorney General expressly stated that negotiations "must be government to government cooperation" in respect of repatriation of the USD 300 million being part of the Abacha involving Jersey, Nigeria, and the United States. 

The EFCC was accompanied to the meeting by four members of the Nigeria delegation.

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