Politics US seizes $458m Abacha loot

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Less than a week after President Goodluck Jonathan honoured the late Head of State, Gen. Sani Abacha, with an award for “his contributions to the nation,” the United States has ordered a freeze on $458m in assets stolen by the former dictator and his accomplices.

AFP quoted the Justice Department as saying on Wednesday that 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.

Click source for more details: Punch

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