body-container-line-1
Sat, 21 Nov 2009 International

Swiss Authorities convict Abacha's Son, seize $350m assets

  Sat, 21 Nov 2009


A Swiss court has ordered the seizure of $350m (£212m) in assets from the son of Nigeria's former military ruler, General Sani Abacha.

Abba Abacha was convicted of being a member of a criminal organisation and given a suspended custodial sentence.

Switzerland began investigating the Abacha family in 1999 and has so far handed back about $700m to Nigeria.

Nigerian state lawyers believe Sani Abacha, who ruled from 1993 until his death in 1998, may have stolen $2.2bn.

The Swiss authorities pursued Abba Abacha for six years before extraditing him from Germany in 2005.

"The examining magistrate sentenced him to a suspended jail term, and ordered the confiscation of his assets of $350m," Geneva canton's justice office said in a statement.

"[The money] is held by his criminal organisation and seized through international assistance in Luxembourg and the Bahamas."

Correspondents say Abba Abacha can appeal against the judgement.





Follow our WhatsApp channel for meaningful stories picked for your day.

Comments

Kyei-Afrifa | 11/21/2009 12:37:00 PM

For all this money,where is Abacha? Let us know that there is somehting which money cannot buy.Death, everyone will meet and nothing we will take along.

Do you support or oppose Parliament’s passage of the Anti‑LGBTQ+ Bill 2026?

Started: 30-05-2026 | Ends: 31-08-2026

body-container-line