LOOT: BUHARI THANKS SWISS GOVT FOR RETURNING $322.5M
President Muhammadu Buhari, on Tuesday, expressed his gratitude to Switzerland for returning funds stolen by corrupt government officials to Nigeria.
He said Nigeria was “deeply grateful to Switzerland for its support in resuscitating the economy, especially the return of illegally stolen funds” and in helping to intervene in the Boko Haram insurgency in the North-East.
While receiving letter of credence from the Ambassador of Switzerland to Nigeria, Mr. George Steiner, at the Presidential Villa.
“We are grateful to the Swiss government for allowing the illegally stolen funds to be brought back to Nigeria,” a statement by Buhari’s Senior Special Assistant on Media and Publicity, Mr Garba Shehu, quoted the President as saying.
In his response, the ambassador told Buhari that Switzerland would continue to support Nigeria, especially to end the conflict and the plight of Internally Displaced Persons in the North-East.
Recall that after a long period of engagement and negotiations between the two countries, Switzerland returned $322.5m (or N116.1bn) Abacha loot to Nigeria in December, 2017.
The money came with an interest of $1.5m.
The original amount stashed away by Abacha was $321m.
Nigeria’s former Minister of Finance, Mrs Kemi Adeosun, had confirmed the receipt of the stolen money by Nigeria.
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