Newly discovered £211m Abacha loot seized by British Court
The sum of £211,000,000 belonging late General Sani Abacha has been seized by a British court. Report says the late military dictator laundered the money through the US into the Channel Islands
The money which has now been recovered was put in accounts held in Jersey by Doraville Properties Corporation, a British Virgin Islands company.
The decision on how the money will be distributed will be taken when authorities in Jersey, the US and Nigeria come to an agreement.