The minister Geoffrey
Onyeama stated that the Federal Government is in touch with Switzerland, which
he said had repatriated $700m, noting that another $300m that was recovered
would soon be repatriated to Nigeria.
Speaking in an interview
with journalists in Abuja, the Minister of Foreign Affairs, Geoffrey Onyeama
stated that the FG was in discussion with the United Kingdom, the United
States, among other foreign governments on how all looted funds could be
recovered.
He said, “We are in touch
with Switzerland; they have recently recovered quite a significant amount of
money and I met last week with Swiss representatives to work out the modality
for the repatriation of this fund.
“The Swiss government has
already repatriated over $700m from Abacha loot and that agreement has been
reached on how the money would be applied.
“They have also now
recovered in the same context another $300m of which there is ongoing
discussion to have that repatriated as well. There are discussions with other
countries; United Kingdom for instance, as you all know where there are ongoing
discussions there.”
The minister explained that
the goodwill generated by President Muhammadu Buhari’s visits to the US and
other countries had helped enormously in getting various countries to cooperate
with Nigeria on the fund repatriation issue.
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