Minister of Foreign Affairs, Geoffrey Onyeama says the
Federal government is in the talks with the Swiss government for the release of
another $300 million Abacha loot stashed in some Swiss banks. Onyeama said this
while speaking at the inaugural ceremony of the 22nd regular course of Foreign
Service Academy in Abuja yesterday January 11th.
“Nigeria recently recovered a huge amount of
money from the government of Switzerland. I met with Switzerland
representatives last week to work out the modalities for the recovering of
these funds. So far Nigeria has recovered over $700 million, and there are
ongoing negotiations on how that money would be applied. Discussion is also
ongoing to recover another $300 million.”he said
Source: LIB
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