Thursday, 6 March 2014

US freezes $458 mn stolen by Nigeria dictator Abacha

The United States said Wednesday it had ordered a freeze on $458 million in assets stolen by former Nigerian dictator Sani Abacha and his accomplices and hidden in European accounts.

The Justice Department said the corruption proceeds — stashed away in bank accounts in Britain, France and Jersey — were frozen at Washington’s request with the help of local authorities.
Abacha died in office in 1998, but his surviving relatives still include some of the richest and most influential figures in Africa’s most populous nation.

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