Birt who doubles as the Island’s Civic Head of State and ceremonial head, is the highest ranking official in the Jersey order of precedence. Island, famous for its transparent banking services, had previously repatriated in two tranches £140 million of the loot correspondent of the News Agency of Nigeria, NAN, reports in London that the money was laundered on behalf of Abacha by Mr Raj Bhojwani, an Indian businessman. Bhojwani is currently serving an eight-year sentence in a UK prison.
Speaking on
Jersey’s financial services and global perception of the Island, Birt said that
the repatriated loot was in line with ongoing campaign against money
laundering.He said: “We have done a lot to clean up the image of the Island as
a safe haven for stolen wealth. What we have in place is a transparent and
legal finance heaven where only legal funds can be deposited and accessed by
investors.”
In his
response, Tafida commended Birt for the Island’s transparent banking sector,
and informed them of government’s commitment to fighting corruption and
strengthening its anti-graft agencies.The high commissioner also spoke on the
investment opportunities in all sectors of the economy, while laying emphasis
on the nation’s GDP, and high return on investment rate.
Nigeria’s GDP
has grown above 6.5 per cent per annul in the last six years. He said: “The
array of investment opportunities that abound in the country and generous
incentives available to investors in all sectors of the economy, has continued
to make it a global investment destination.”
The dinner
was attended by top officials from the Jersey government and members of
Tafida’s delegation. NAN reports that the visit marks the beginning of a bilateral
relationship with the Jersey. Officials from Jersey are expected to carry out a
similar visit to Nigeria.
what did abacha died? how long does ti take to return the money?
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