Switzerland to return $300m looted funds to FG

According to NAN report, 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.

 

The minister explained that the goodwill generated by President Muhammadu Buhari’s visits to the US and other countries had helped in getting various nations to cooperate with Nigeria on the loot recovery drive.