The Swiss Government has confirmed that it has so far returned $723 million (about N142.43 billion) of stolen funds seized from the family of the late former Head of State, General Sani Abacha, to the Nigerian Government over the last 10 years.
The amount excludes $321million (about N63.24 billion) which the Swiss authorities recently said was planning to repatriate to Nigeria.
These details are contained in the agreement signed on March 8, 2016, in Abuja by representatives of the Swiss Federal Council and the Nigerian Government.
The agreement, titled: ‘Letter of Intent on the restitution of illegally-acquired assets forfeited in Switzerland,’ was signed by Nigeria’s Attorney-General and Minister of Justice, Abubakar Malami, and the Swiss Head of Foreign Affairs Department, Didier Burkhalter.



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