Looted Funds: Nigeria to receive $9.5 (£7 million) stolen by Abacha from UK’s Jersey
United Kingdom (UK), Corruption Politics, Headlines, Latest Politics, Presidency, Sani Abacha (1993-98) Sunday, January 11th, 2026Nigeria is set to receive $9.5 million (£7 million), believed to be stolen funds linked to former military Head of State, Sani Abacha, from the United Kingdom’s Jersey.
According to the BBC, Jersey has agreed to repatriate the funds to the Nigerian government. The money, described as proceeds of “tainted property,” forms part of the vast fortune looted by Abacha during his rule from 1993 to 1998.
The funds were held in a bank account in Jersey and had been tied up in legal proceedings for several years. While the assets were first recovered during the administration of former President Goodluck Jonathan, court challenges delayed their return to Nigeria.
Related Posts
- Tinubu govt rejects U.S. travel warning, says report unbalanced
- Eze Ndigbo coronation abroad embarrassing — FG
- Immigration Chief suspends Comptrollers over Seme Border extortion allegations
- Eligible men in US to be drafted into military starting December 2026
- How ISWAP Attack Killed Brigadier-General O.O. Braimoh in Borno military base
Short URL: https://newnigerianpolitics.com/?p=69963
Posted by admin
on Jan 11 2026. Filed under United Kingdom (UK), Corruption Politics, Headlines, Latest Politics, Presidency, Sani Abacha (1993-98).
You can follow any responses to this entry through the RSS 2.0.
You can leave a response or trackback to this entry
