Nigeria to receive $308m stolen by ex-dictator: US

Nigeria is set to receive around $308 million seized from former military dictator Sani Abacha under a deal backed by the United States and the island of Jersey, US prosecutors said Monday. The sum is the latest to be recovered from the accounts of Abacha, an army officer who ruled Nigeria from 1993 until his death in 1998 aged 54, which sparked an ongoing search for hundreds of millions of dollars he stole and hid abroad. The repatriation of the money from Jersey, in the English Channel off the coast of northern France, follows a 2014 US court ruling authorizing the seizure of $500 million of cash laundered by Abacha in accounts worldwide, the US Department of Justice said in a statement.

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