United States Embassy in Nigeria has confirmed the existence of another $319 million (about N124.4 billion) looted by former Head of State, the late Gen. Sani Abacha.
According to the U.S., the funds are in the United Kingdom (UK) and France.
The revelation came three days after the Federal Government received $311 million repatriated “Abacha loot” from the US and the Bailiwick of Jersey.
In a statement titled: “Return of stolen assets to the Nigerian people’, the U.S. Embassy in Nigeria revealed that there is a separate $167 million in stolen assets in France and another $152 million in the UK which is still subject to litigation.
“The funds returned last week are distinct and separate from an additional $167 million in stolen assets also forfeited in the United Kingdom and France, as well as $152 million still in active litigation in the United Kingdom.” the statement said.