• About
  • Advertise
  • Careers
  • Contact
Thursday, April 23, 2026
  • Login
No Result
View All Result
NEWSLETTER
Reporters At Large
  • Home
  • News
    • World
    • For The Record
    • Metro
    • Opinion
    • Press Releases
  • Business
    • Auto Trend
  • Politics
  • Tourism
  • Lifestyle
    • People & Events
    • Health
  • RAL TV
    • Video
    • Video News
  • More
    • Advertisement
    • Privacy
    • Disclaimer
    • Contact Us
  • Home
  • News
    • World
    • For The Record
    • Metro
    • Opinion
    • Press Releases
  • Business
    • Auto Trend
  • Politics
  • Tourism
  • Lifestyle
    • People & Events
    • Health
  • RAL TV
    • Video
    • Video News
  • More
    • Advertisement
    • Privacy
    • Disclaimer
    • Contact Us
No Result
View All Result
Reporters At Large
No Result
View All Result
Home Featured

There’s Fresh $319m Abacha Loot In UK, France — US Hints

by ReportersAtLarge
May 7, 2020
in Featured, News
Reading Time: 2 mins read
0
Sani Abacha

Late General Sani Abacha

Share on WhatsappShare on FacebookShare on TwitterShare on Linkedin

There is fresh $319m loot of Ex-Head of States, General Sani Abacha, in France and the United Kingdom, the United States has declared.

$167m of the loot is in France while UK has $152m of Abacha assets, it added.

The United States however stated the $152m loot in the UK is a subject of litigation.

In a statement on Wednesday in Abuja, the US said: “The funds returned last week are distinct and separate from an additional $167m in stolen assets also forfeited in the United Kingdom and France, as well as $152m still in active litigation in the United Kingdom.

The repatriation of the $152m (now $155m due to interest) to Nigeria is being challenged by the UK and the US because of alleged plans by the Nigerian government to give $110m out of the money to Kebbi State Governor, Atiku Bagudu, a known associate of the late Abacha, Bloomberg reported.

RelatedPosts

Tax Reform Without Trust Will Fail

NNPC Ltd And The Future Of Nigeria

Bimbo Adekanmbi: Looking Beneath The Surface

Nigeria is seeking the approval of a UK court to take ownership of the assets before returning 70 percent of the proceeds to Bagudu under the terms of a 2018 deal, according to Bloomberg.

The UK government’s National Crime Agency is also “opposing the Federal Republic of Nigeria’s application,” according to a motion filed by Bagudu’s brother, Ibrahim, to the District Court for the District of Columbia in the US capital on March 30.

The US Department of Justice said in February that its Nigerian counterpart is hindering its efforts to recover the allegedly laundered money from the UK.

Tags: Abacha LootGeneral Sani Abacha
SendShareTweetShare
ReportersAtLarge

ReportersAtLarge

Reporters At Large is the world’s fastest-growing online news platform and public service broadcaster. We’re impartial and independent, and every day we create distinctive, world-class programmes and content which inform, educate and entertain millions of people in Nigeria and around the world.

More

Nigerian Senate Plenary Session - Tax Reform
Opinion

Tax Reform Without Trust Will Fail

by ReportersAtLarge
April 23, 2026
0

As the government pushes for a new Nigeria tax reform 2026, experts warn that fiscal policy success depends on rebuilding...

Read moreDetails
NNPC Foundation - NNPC Ltd
Opinion

NNPC Ltd And The Future Of Nigeria

by ReportersAtLarge
April 22, 2026
0

The future of NNPC Ltd is directly linked to Nigeria’s broader economic stability and national energy security. Implementing deep petroleum...

Read moreDetails
Bimbo Adekanmbi
Opinion

Bimbo Adekanmbi: Looking Beneath The Surface

by ReportersAtLarge
April 21, 2026
0

The race for the Oyo State governorship election is intensifying, with Bimbo Adekanmbi emerging as a controversial frontrunner. We analyse...

Read moreDetails
Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Peter Obi

2023: Peter Obi In Kaduna, Reiterates Desire To Secure, Unite Nigeria

3 years ago
Packers fall to 49ers, 24-21, in NFC Divisional playoff

NFC Divisional Playoff: Packers Fall To 49ers, 24-21

2 years ago

Popular News

  • Wale Ojo-Lanre Receives Prestigious Tourism Trailblazer Award

    0 shares
    Share 0 Tweet 0
  • Tax Reform Without Trust Will Fail

    0 shares
    Share 0 Tweet 0
  • Heart Attack vs Cardiac Arrest: Vital Warning Signs & First Aid

    0 shares
    Share 0 Tweet 0
  • NNPC Ltd And The Future Of Nigeria

    0 shares
    Share 0 Tweet 0
  • Iran Rejects Strait Of Hormuz Blockade Reopening

    0 shares
    Share 0 Tweet 0

Connect with us

ADVERTISEMENT

About Us

Reporters At Large is the world’s fastest-growing online news platform and public service broadcaster. We’re impartial and independent, and every day we create distinctive, world-class programmes and content which inform, educate and entertain millions of people in Nigeria and around the world.

With a high level of professionalism, fairness, objectivity, accuracy and speed, we publish Breaking News Nigeria Today Headlines and International news on Politics, Tourism and Travel, Entertainment, Sports, Business Lifestyle and Sports.

Category

  • Auto Trend
  • Breaking Bones
  • Business
  • Columns
  • Entertainment
  • Featured
  • For The Record
  • Health
  • Innovation
  • Lifestyle
  • Metro
  • News
  • Opinion
  • People & Events
  • Politics
  • Press Releases
  • Science & Technology
  • Sponsored
  • Sport
  • Tourism & Culture
  • Video
  • Video News
  • World News

Recent Posts

  • Wale Ojo-Lanre Receives Prestigious Tourism Trailblazer Award April 23, 2026
  • Tax Reform Without Trust Will Fail April 23, 2026
  • Heart Attack vs Cardiac Arrest: Vital Warning Signs & First Aid April 23, 2026
  • NNPC Ltd And The Future Of Nigeria April 22, 2026
  • Iran Rejects Strait Of Hormuz Blockade Reopening April 22, 2026
May 2020
SMTWTFS
 12
3456789
10111213141516
17181920212223
24252627282930
31 
« Apr   Jun »
  • Home
  • News
  • Business
  • Politics
  • Tourism
  • Lifestyle
  • RAL TV
  • More

© 2016-2024 RAL - Guided by professionalism

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • World
    • For The Record
    • Metro
    • Opinion
    • Press Releases
  • Business
    • Auto Trend
  • Politics
  • Tourism
  • Lifestyle
    • People & Events
    • Health
  • RAL TV
    • Video
    • Video News
  • More
    • Advertisement
    • Privacy
    • Disclaimer
    • Contact Us

© 2016-2024 RAL - Guided by professionalism

Verified by MonsterInsights