Sani Abacha: $ 267 Million of Former Nigerian Dictator Seized in Jersey Account



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According to the Jersey Civil Asset Recovery Fund, the laundered funds recovered from the confiscated badets belonging to the son of the late dictator Mohammed Abacha were "derived from corruption" during the regime of the military leader in Nigeria.

The money was found in a Channel Islands account owned by the screen company Doraville Properties Corporation.

He had been frozen by a federal court in Washington in 2014 at the request of prosecutors who had initiated criminal proceedings against Mohammed Abacha and his badociates.

The stolen funds have now been recovered and turned over to a special recovery fund after a five-year legal battle. The fund will be shared between the Nigerian government, Jersey and the US government, according to Jersey authorities responsible for the case.

Jersey Attorney General Robert MacRae said in a statement that the badets freeze testified to "Jersey's commitment to fighting international financial crime and money laundering".

CNN has contacted Abacha's son for his comments on the allegations, but has not yet received a response.

Sani Abacha came to power in 1993 and led Nigeria with an iron fist until his death in 1998. Activists who criticized his regime were jailed for months, some being put to death. Opposition leaders were imprisoned under his leadership.

The Abacha regime was subjected to fierce international criticism when it executed famed playwright Ken Saro-Wiwa and eight other activists, known as Ogoni 9.

The men were charged with the murder of four men and were convicted and sentenced to death by a special court. Saro-Wiwa has always claimed that he was accused of having criticized the Abacha regime.

Widow Ogoni 9 Esther Kiobel wins the day in court against the oil giant Shell

The former president, who led a lavish lifestyle, allegedly stole more than $ 4 billion over his five years in power, through his family and allies.

In 2017, the Swiss government recovered $ 321 million from the Abacha family and recovered approximately $ 700 million worth of badets related to Abacha to date.
In a recent interview, Nigerian President Muhammadu Buhari said his government had recovered some of the stolen wealth of the country, concealed by corrupt politicians in banks abroad.

Buhari, however, said prosecutors have faced challenges that have slowed down the recovery process.

Nigeria lost $ 400 billion because of corruption between 1960 and 1999, according to estimates by the United Nations Office on Drugs and Crime (UNODC).
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