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Wednesday 24 August 2016
Please help us speed up the return of billions of dollars looted by government officials - Nigeria anti-corruption groups begs John Kerry
It was reported that anti-corruption groups in Nigeria begs US secretary of State John Kerry to help Nigeria to speed up the return of billion of dollars looted and stolen from the country's treasury by some present and past government officials.
It was made known today in Lagos when Kerry met with the director of the Socio-Economic Rights and Accountability Project Adetokunbo Mumuni, and other activists.
Mumuni told Kerry that the looted money is believed to be in banks or their offshore holdings from the United State, Britain, Switzerland, Germany and other European countries.
Secretary Kerry told the anti-corruption group that asset recovery is a long and complicated process, but the U.S government has lawyers and accountants working on it.
Report claims that United State of America in 2014 froze nearly 500 million dollars of illicit funds from the loot of deceased military dictator Sani Abacha, but has yet to assure Nigeria how and when the money will be return.
President Buhari also estimated that over 150 billion dollars have been stolen by government officials over the past ten years.
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