The government of Switzerland is set to return $321m Abacha loot kept in their country,this was disclosed by the Swiss Ambassador to Nigeria Eric Mayoraz, during the signing of a Memorandum of Understanding on Mutual Legal Assistance on criminal matters, between the Swiss government and the Federal Government of Nigeria in Abuja.
He said the MoU is to promote understanding between the two countries with different legal system.
“we are now in the process of repatriating $321m from the second batch of the Abacha loot”, adding that the country had in 2005 repatriated $722m in the first batch.
“Our countries enjoy excellent relations and we cooperate as partners in many fields, on the return of looted assets, migration, human rights, humanitarian assistance and many others.
“Today, we decide to take this cooperation forward to deepen it in the field of judicial cooperation. By signing a Memorandum of Understanding in this important area, our two States further strengthen their ties of friendship and cooperation”,
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