May 7, 2020

US Reveals Fresh $319m Abacha Loot In UK, France

'Dotun Akintomide

Writer

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The United States of America has revealed that there is a fresh $319 million Abacha loot in the United Kingdom and France.

The revelation is coming just days after the US repatriated $311 million Abacha loot to Nigeria.

The US Embassy in Nigeria made this known in a statement on Wednesday.

It said there is $167 million in stolen assets in France, while another $152 million is in the UK, which is being challenged in court.

“The funds returned last week are distinct and separate from an additional $167m in stolen assets also forfeited in the United Kingdom and France, as well as $152m still in active litigation in the United Kingdom,” the US embassy said.

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