Looted Abacha’s £211m seized by British Court

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Breaking: Looted Abacha’s £211m seized by British Court

According to report by the UK Metro, the said money was seized from a Jersey bank account that belonged to General Abacha.

The report said, “Money to the value of £211,000,000 has been seized from a Jersey bank account that belonged to a former dictator. “Any money that Jersey does keep will be put into the Criminal Confiscation Fund, which is used to pay for a variety of projects. In the past the fund has been used for the new police station and developments at La Moye Prison.

It would be recalled that in 2014, at the request of the U.S. authorities, the Island’s Attorney General applied for, and the Royal Court granted, a restraining order over the Jersey bank account balance of Doraville.

Source: Law Daily Report (lawdailyreport.net)

 

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