Posted by News Express | 4 June 2019 | 705 times
Funds valued at over 211 million Pounds, belonging to late Head of State General Sani Abacha, have been seized from a Jersey bank account.
General Abacha who was Nigeria’s Military Head of State from 1993 till his death in 1998, allegedly laundered money through the US into the Channel Islands.
The money had been lodged in accounts held in Jersey by Doraville Properties Corporation, a British Virgin Islands Company.
This discovery was disclosed in a British tabloid, Metro on Tuesday.
It also added that the money is now being held by the government until authorities in Jersey, the US and Nigeria come to an agreement on how it should be distributed.
In 2014, the islands Attorney General at the request of the US authorities, applied for, and was granted a restraining order from the royal court over the Jersey bank account Balance of Doraville. (Channels TV)
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