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Switzerland to return $300m looted funds to FG

buhari news The Minister of Foreign Affairs, Geoffrey Onyeama, has assured Nigerians that negotiations are ongoing with a number of countries on the modalities for the repatriation of some looted funds stashed abroad.

The minister stated that the Federal Government had been in touch with Switzerland, which he said, had earlier repatriated $700m to Nigeria. He noted that another $300m that was recovered would soon be repatriated to Nigeria.

Speaking in an interview with journalists in Abuja, Onyeama stated that the Federal Government was in discussion with the United Kingdom, the United States, among other foreign governments around the world, on how all looted funds could be recovered.

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He said, “We are in touch with Switzerland; they have recently recovered quite a significant amount of money and I met last week with Swiss representatives to work out the modality for the repatriation of the funds.

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