By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Okay News
  • News
  • Politics
  • Business
  • Technology
  • Security
  • Entertainment
  • Sports
Reading: Swiss Assisting Nigeria Recover $370m Sani Abacha Loot – Ambassador
Font ResizerAa
Okay NewsOkay News
  • News
  • Politics
  • Business
  • Technology
  • Security
  • Entertainment
  • Sports
Follow US
2026 © Okay International Limited - All rights reserved
News

Swiss Assisting Nigeria Recover $370m Sani Abacha Loot – Ambassador

Farouk Mohammed
By
Farouk Mohammed
ByFarouk Mohammed
Publisher
Farouk Mohammed is the Publisher and Lead Editor of Okay News, an international digital news platform delivering verified reporting across technology, global affairs, business, innovation, and...
Follow:
Published: 2015/04/28
2 Min Read
Share
SHARE

Sani-Abacha-e1372621219503-702x336-300x144

Swiss ambassador to Nigeria, Hans-Rudolf Hodel yesterday declared that Switzerland was working to assist Nigeria recover $370m stashed in Luxembourg by late military leader,Gen Sani Abacha.

He said so far , Switzerland is waiting for the Federal Government and the Abacha family to reach an agreement on issues regarding the return of the money.

According to Hodel , his country was ready to offer legal assistance to facilitate the quick recovery of the money from Luxembourg.The envoy spoke when he paid a visit to President-elect Gen Muhammadu Buhari in Abuja. Abacha ruled Nigeria Between and 1993 1998.Switzerland has already returned $700m, following appeals from Nigeria.

The $370 was seized in 2006 in Luxembourg, following a request from Swiss authorities, the Geneva prosecutor’s office had said in a statement in March

Responding to a question on how Switzerland can help the incoming administration fight corruption, Hodel said his country was ready to work with Nigeria on many areas . The envoy disclosed that it was not possible for either government or anybody to stash slush funds in Switzerland again. According to him a new law in the country does not allow anybody whose source of income cannot be proved to lodge questionable money in banks in the country.

The ambassador emphasized that Switzerland would always be with Nigeria in the area of fighting corruption.

He praised the general election won by Gen Buhari saying the world was proud of Nigeria . Hodel stressed that the polls had become a reference point not only in Africa but the world generally.

Follow Okay News channel on WhatsApp
Add as a preferred source on Google
Follow Okay News on Instagram
- Advertisement -

TAGGED:AbachaSwiss
Share This Article
Facebook Pinterest Whatsapp Whatsapp Email Print
Previous Article Former Governor Peter Obi Is The New Chairman Of SEC
Next Article FG Names Major Streets And Roads In Abuja After GEJ,Sambo,Atiku,El Rufai,Others

Stay Connected

FacebookLike
XFollow
InstagramFollow
TiktokFollow
WhatsAppFollow
- Advertisement -

More News

News

EFCC Charges Man Over ₦603 Million Fake NNPC Job Appointment Scheme

By Adamu Abubakar Isa
3 Min Read
News

Migrant Boat Tragedy off Libya Leaves 53 Dead, UN Agency Says

By Adamu Abubakar Isa
3 Min Read
News

Appeal Court Says Senate Had Power To Suspend Natasha Akpoti-Uduaghan

By Oluwadara Akingbohungbe
2 Min Read
Okay NewsOkay News
2026 © Okay International Limited - All rights reserved
  • About Us
  • Advertising
  • Contact
  • Careers
  • Team
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

Continue with Facebook