Jersey recovers $267m from corrupt former Nigerian president

Pedro Gonçalves
clock • 2 min read

More than $267m embezzled by a Nigerian dictator and hidden in Jersey bank accounts has been seized by authorities and is now being held by the government. The money - which totals $267,751,992.02 - was the result of corruption during the military regime of General Sani Abacha and placed in accounts held locally by a British Virgin Islands company, Doraville Properties Corporation. It ‎had been laundered through the US banking system by people including president Abacha's son Mohammed, ...

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