Switzerland gives condition for returning Abacha's $321m loot

The Swiss foreign minister, Didier Burkhalter, on Tuesday, March 8, 2016, told newsmen that his nation and Nigeria has consented to an arrangement that will clear a path for the arrival of the $321m Abacha plunder.

Burkhalter said part of the assention was that the assets will be utilized to actualize ventures that will advantage Nigerians.

He said "It is $321m that we are taking a gander at repatriating to Nigeria and the modalities are essentially lawful structure for that, shared legitimate help system that we are attempting to put set up and there are pre-conditions that are likewise set up as of now and this requires observing instrument.

"Along these lines, we need to concur previously as a pre-condition on what the cash would be utilized for and the World Bank would be a piece of the checking procedure to guarantee that the cash is utilized for the advantage of Nigerian individuals."

The Swiss ambassador additionally said his nation will keep on offering Nigeria some assistance with catering for the Internally Displaced Persons (IDPs) in the North.

The Minister of Foreign Affairs, Geoffery Onyeama likewise uncovered that the method of repatriation is as yet being chipped away at.

General Sani Abacha was Nigeria's military Head of State from 1993 to 1998

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