Geneva prosecutors said today Tuesday March 17th that they ordered the money seized in Luxembourg starting in 2006 & was officially confiscated last year following an agreement between Nigeria and the Abacha family under which FG dropped its case against Abacha's son, Abba Abacha.
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Switzerland has previously returned to Nigeria more than $700 million that Abacha stashed in Swiss accounts. If the Swiss government makes this new cash return, it would bring the total amount of Abacha's loot returned so far to $1.080 billion.
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