UPDATED: Jersey Island gives conditions for return of $300 million Abacha loot

Former Head of State, Sani Abacha
Former Head of State, Sani Abacha

The government of Jersey Island has said that the Abacha loot would not be released to Nigeria if a third party representation is involved in the negotiation.

Nigeria’s former military dictator (1993-1998), Sani Abacha, is believed to have stolen billions of dollars of government money before his death in office.

According to a statement by the anti-graft agency, EFCC, the Minister and Attorney General of Jersey Island, Robert MacRae, disclosed the condition for return of the funds on Tuesday during the ongoing 7th Session of Conference of State Parties to the United Nations Convention Against Corruption, holding in Vienna, Austria.

Mr. MacRae spoke at a side meeting with the Nigeria delegation led by acting Chairman of the EFCC, Ibrahim Magu.

The EFCC was accompanied to the meeting by four members of the Nigeria delegation, its spokesperson, Wilson Uwujaren, said.

The Jersey Attorney General expressly stated that negotiations in respect of repatriation of the $300 million (about N108 billion) being part of the Abacha loot involving Jersey, Nigeria and the United States, “must be government to government cooperation”.


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  • Frank Bassey

    “The Jersey Attorney General expressly stated that negotiations in
    respect of repatriation of the USD300 million being part of the Abacha
    involving Jersy, Nigeria and the United States, “must be government to
    government cooperation”.
    OVER TO PMB. HE HAD SAID THAT ABACHA DID NOT LOOT THE TREASURY. NOW THAT NEGOTIATIONS MUST BE “GOVERNMENT TO GOVERNMENT” COOPERATION, WHAT HAPPENS?

  • Otile

    This is terrible. As a result of Buhari’s dishonesty and false denials Nigeria is going to lose huge money looted by the crook Buhari served. Buhari and his fellow looters have wasted our oil money and set the country back big time.

    • Musa M. Dantsoho

      Where are those to set the country forward?

  • thusspokez

    The Jersey Attorney General expressly stated that negotiations in respect of repatriation of the $300 million… “must be government to government cooperation”

    Nigerians should feel insulted by this tiny island dictating to it — Switzerland did the same to Nigeria. However I don’t blame the tiny country, Nigeria had brought it upon itself.

    Indeed, I wouldn’t trust any Nigerian with that money. Perhaps, it should be handed over to the World bank to use it to build and equip at least one world-class children hospital and, at least one fee-charging adult hospital in Abuja, Nigeria. The latter for wealthy Nigerians who can afford it as a way to reduce the outflow of money to pay for medical treatments abroad.

  • abodes_124

    Since Buhari took over governments have been reluctant to release any more of Abacha’s loot because they are not clear what the government will do with it given that buhari has stated publicly that Abacha did no steal the money. I doubt that any of that money will come back while buhari is in power.

    • bbounce

      Please I will like to verify when and where Buhari said “Abacha did no steal the money” if not I would advice you to stop been a rumor monger.

      • abodes_124

        Let us leave Buhari aside for the moment. Tell us if you believe that Abacha stole any money. I am yet to meet any Buhari supporter who gives any direct answer to this question

  • Anasieze Donatus

    Great news from Jersey. The Jersey Government wants a direct talk with PMB because they believe in his integrity .Some unfortunate beings will continue to wail while PMB has continued to excel.Welcome to the Government of Change

    • abodes_124

      Various governments and jurisdictions were happy to release Abacha loot to ‘corrupt’ GEJ. To date they have been unwilling to release it to GMB the man of ‘integrity’. Have you wondered why?

      • Anasieze Donatus

        YES I have wondered WHY, GEJ betrayed their

        • abodes_124

          I know why