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Jersey Island gives conditions for repatriation of $300m Abacha loot

The government of Jersey Island on Tuesday gave conditions for the repatriation of $300m Abacha loot to the Federal Government.

The Minister and Attorney General of Jersey Island, Robert J. MacRae, in a meeting with the chairman of Economic and Financial Crimes Commision, Ibrahim Magu, said the loot would only be released to Nigeria on the condition of the presence of a third party.

MacRae stated that negotiations in respect of repatriation of the $300m being part of the Abacha loot between Nigeria and Jersey Island involving the United States of America, USA, “must be government to government cooperation”.

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

The meeting took place after a session at the ongoing 7th Session of Conference of State Parties to the United Nations Convention Against Corruption, holding in Vienna, Austria.

 

– Punch

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About Don Saint

PR Guru / Promoter / Controversial Writer / Hip Hop Artiste / Actor / Hype man. The First Nigerian Hip Hop Artiste to obtain a Masters Degree (M.A) in Arts ( Religion & Human Relations). The author of one of the most controversial books in Nigeria; "Emancipation from Masturbation". With over 12 Movies and 3 Musical albums since 2003. Former Events Manager at Silverbird’s Rhythm Fm Awka Station till 2010. To listen to Don Saint's songs, please visit http://www.reverbnation.com/donsaint For more info. Call : 08033239298, 08056381068. Pin: 2BC176FE

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