GOOD DEVELOPMENT! #Former Attorney-General Arrested In UK For Trying To Cash Abacha Loot# Two suspects, including a former Attorney-General of Kogi State, have been arrested in London in connection with the loot. The two suspects, who were trying to convert a 1994 CBN Traveller’s Cheque worth £2,000 at Travelex are undergoing interrogation in London. Upon a search in the suspects’ hotel in London, it was gathered, about £78,000 traveller’s cheque was found on them. “With the £20million loot in their care, they decided to test the waters with £80,000. So, the two suspects took £2,000 Traveller’s Cheque purchased by the CBN in 1994 to Travelex to get some cash but the desk officers were suspicious because of the time frame. The attendants alerted security agencies who arrested the suspects and later searched their hotel rooms where additional £78,000 worth of traveller’s cheque was found. A Federal Government counsel on repatriation of Abacha loot, Mr. Tim Daniel, had said about $2.550billion of $3billion had been so far recovered by the Federal Government from the late Abacha’s accounts and his family. He gave the breakdown as follows: voluntary surrender ($750m); Switzerland ($570m); Jersey ($380m); UK($150m); Luxembourg ($300m); and Liechtenstein ($400m). A few months after the 13th year anniversary of Abacha’s death, the Federal Government recovered£22.5m (N6.18billion) loot which the late Head of State, allegedly stashed in Jersey.
Posted on: Sat, 07 Sep 2013 20:25:33 +0000
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