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US to return $8.9m looted under Jonathan to Nigeria

 A Royal Court in Jersey, United States, has reportedly ruled
that stolen assets worth £6.9m ($8.9m) be repatriated to Nigeria.

 

The said assets were allegedly diverted by Nigerian government
officials in 2014 under the guise of purchasing arms to fight Boko Haram
terrorists.

 

According to BBC, the court ruled that the money, deposited
in a Jersey bank account, was likely stolen by officials in the Nigerian
Government in 2014.

 

Controversies had surrounded the purchase of weapons in the
fight against insurgency with the then National Security Adviser, Sambo Dasuki,
being accused of diverting funds meant for security equipment during Jonathan’s
administration.

 

Also in late 2014, a private jet was arrested in South
Africa with $10m cash, which was allegedly meant for the purchase of military
weapons.

 

However, the order of the Royal Court in Jersey followed a
forfeiture notice to the court by Jersey’s Attorney General, Mark Temple KC.

The court held that the funds were deposited in a Jersey
bank account and were not used for the arms purchase.

 

Temple said the Government of Jersey was in close
partnership with Nigeria on the repatriation of the funds.

 

The AG claimed part of the funds were shared with family
members of politicians in the then-ruling Peoples Democratic Party ahead of the
2015 general election.

 

“This case again demonstrates the effectiveness of the 2018
Forfeiture Law in recovering the proceeds of corruption and restoring that
money to victims of crime.

 

“I now intend to negotiate an asset return agreement with the
Federal Republic of Nigeria,” he said.

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