European country, Switzerland has
given conditions for repatriating the
$321m looted by ex Head of Sate, Gen.
Sani Abacha to Nigeria.
Part of the conditions is that the fund
will be used for projects that will benefit
Nigerians and they (the projects) must
be monitored by the World Bank.
Nigeria's Minister of Foreign Affairs,
Geoffery Onyeama said that the government was working on the modalities for the repatriation.
“.We have to agree beforehand as a pre-
condition on what the money would be
used for and the World Bank would be
part of the monitoring process to ensure
that the money is used for the benefit of
Nigerian people," he said. Onyeama also said that Nigeria had signed an agreement with the Swiss government in the area of human right and migration.
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