UK seizes N82 billion from Nigerian late dictator Abacha’s account

The UK government seized £211,000,000, about N81.9 billion, from a Jersey bank account, which belonged to the late Nigerian dictator, Sani Abacha.

Abacha died on June 8, 1998, after more than five years as Nigerian military chief of state.

According to a report from the UK's Metro news paper, the money was put into accounts in Jersey by Doraville Properties Corporation, a British Virgin Islands
 company.
The report further states that the money is now being held by the government until authorities in Jersey, USA and Nigeria agree on how it should be distributed.


"Any money Jersey keeps will be placed in the Criminal Confiscation Fund, which is used to pay for a variety of projects. In the past, the fund was used for the
 new police station and developments in La Moye prison.


"It is expected that even more money held by Doraville will be seized and paid into the Civil Asset Recovery Fund in the future," the report said.
In 2014, at the request of the US authorities, the Island's Attorney General requested and the Royal Court granted a restraining order on the balance of Doraville's
 bank account in Jersey.

"The purpose of the restraining order was to preserve the money until a final civil asset recovery order could be filed in the Royal Court. "

Doraville asked the Royal Court that the restraining order be released, but the Royal Court rejected the request in 2016.
Then, in 2017, Doraville contested the Royal Court's decision, bringing the case to the Jersey Court of Appeal.
"This challenge was again rejected. Finally, following the decision of the Jersey Court of Appeal, Doraville made an application to appeal against the restraining
 order before the Supreme Council - Jersey's final appeals court. "


"In February 2018, the Privy Council announced its rejection of this final legal challenge. Last week, Attorney General Mark Temple gave a presentation in Vienna,
Austria, about Doraville at a UN conference on corruption. "
Mr. Buhari has repeatedly questioned the veracity of reports that Mr. Abacha has plundered billions of dollars of the Nigerian treasury.

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