
Vice President of Nigeria Yemi Osinbajo said yesterday tuesday that Nigeria and Switzerland have signed an agreement that paves the way for the return of more that $300 million confiscated from the family of the Nigeria's former military ruler,Sani Abacha.Laolu Akande,a spokesman for Nigerian Vice President Yemi Osinbajo,said in an emailed statement that Nigeria's attorney general signed a letter of intent,under the terms of which Switzerland will award Nigeria $32
1 million acquired by the Abacha family.Swiss authorities said the letter of intent was also signed by its head of the Federal Department of Foreign Affairs,Didier Burkhalter and marks an important step toward the return of assets monitored by the world bank.Transparency International,a corruption watchdog,has accused Abacha of stealing up to $5 billion of public money during the five years he ran Nigeria as president from
1993 until his death in
1998.More photos below.


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