News:- ABACHA LOOT: Irish Govt to return €5.5m recovered fund...


The Irish Government has signed an agreement with Nigeria to return funds misappropriated by Nigeria’s former leader General Sani Abacha, which were frozen in an Irish bank account.

Abacha ruled Nigeria from 1993 until 1998. The assets misappropriated by the former leader were frozen in a Dublin-based bank account by the Criminal Assets Bureau in October 2014.

Following an application by the Nigerian authorities last year, the High Court made an order providing for the return of these assets to Nigeria.

Today Justice Minister Helen McEntee said the signing of the agreement represents the culmination of a long process which began with an internationally led investigation.

“The Criminal Assets Bureau took part in this international operation which led to the freezing of over $1 billion in funds worldwide, of which approximately €5.5 million was identified in a Dublin based bank account,” she said.

Let’s be sincere with ourselves, do you think the Irish government will kindly return the money?
Do well to drop your comments. Thanks.