The Minister of Finance, Mrs. Kemi Adeosun, has confirmed the release of $322.5m looted by the late former military Head of State, Gen. Sanni Abacha back to Nigeria by Switzerland.
The minister said the money was paid to the Federal Government through the Central Bank of Nigeria on December 18, 2017.
In a statement issued by her Media Adviser, Oluyinka Akintunde, Adeosun also denied blocking the payment of $16.9m fees to two lawyers, being payment for the recovery of the looted funds by the late head of state.
“The attention of the Minister of Finance, Mrs. Kemi Adeosun, has been drawn to false media reports of a ‘strongly-worded letter to the President’ objecting to the payment of $16.9m fees to two lawyers for the recovery of Abacha funds.
“The minister wishes to dissociate herself and the Federal Ministry of Finance from recent malicious and misleading media reports on the Abacha refunds.
“The minister had at no time written any letter to the President or any member of the Federal Executive Council on the payment of lawyers for the Abacha recovery.
“She also refuted the flawed media reports of controversy surrounding the Abacha recovery, disclosing that the sum of $322,515,931.83 was received into a special account in the Central Bank of Nigeria on December 18, 2017 from the Swiss Government.
“For the avoidance of doubt, there is no controversy concerning the recovery of the Abacha monies from the Swiss Government,” the Minister stated.