Yesterday, the Minister of Foreign Affairs, Geoffrey Onyeama, 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
goodwill generated by Pres. Buhari’s foreign trips has helped
enormously in getting various countries to cooperate with Nigeria on the
fund repatriation issue.”
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