Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,152,661 members, 7,816,697 topics. Date: Friday, 03 May 2024 at 03:29 PM

New Jersey To Return $8.9m Looted Under Jonathan To Nigeria - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / New Jersey To Return $8.9m Looted Under Jonathan To Nigeria (19299 Views)

Kenneth Omeruo Presents Signed Jersey To President Buhari In Spain (Pix, Video) / El-Rufai Speaks On The Abduction Of Chibok Schoolgirls Under Jonathan (Throwback / Solomon Dalung Wears Super Eagles Jersey To Today's FEC Meeting (Photos) (2) (3) (4)

(1) (2) (3) (4) (Reply) (Go Down)

New Jersey To Return $8.9m Looted Under Jonathan To Nigeria by Islie: 12:00pm On Jan 16
Jersey’s Royal Court has ruled in favour of returning stolen assets valued at £6.9 million ($8.9 million) to Nigeria.

The decision comes after Jersey’s Attorney General issued a forfeiture notice in November, asserting that the funds, deposited in a Jersey bank account, were likely misappropriated by Nigerian government officials in 2014.

The illicit transfer of funds was reportedly disguised as government-sanctioned contracts for arms purchases during Boko Haram incursions in Nigeria between 2009 and 2015.

LEADERSHIP reports that former President Goodluck Jonathan of the Peoples Democratic Party (PDP) was in power between 2010 and 2015. It will also be recalled that a lot of controversy had surrounded the purchase of weapons in the fight against insurgency with the then National Security Adviser (NSA), Sambo Dasuki, being accused of diverting funds meant for security equipment.

Also in late 2014, a private jet belonging to the-then President of the Christian Association of Nigeria (CAN), Pastor Ayo Oritsejafor, was arrested in South Africa with $10m cash, which was allegedly meant for the purchase of military weapons.

The Jersey court found that most of the funds, initially intended for legitimate arms deals, had been diverted through foreign bank accounts and shell companies linked to the former ruling party in Nigeria.

Jersey’s Attorney General, Mark Temple KC, noted the collaboration between Jersey and the Federal Republic of Nigeria in the recovery process.

Temple stressed the effectiveness of the 2018 Forfeiture Law in combating corruption and restoring funds to victims of crime. Plans are underway to negotiate an asset return agreement with the Nigerian government.

He said: “This case again demonstrates the effectiveness of the 2018 Forfeiture Law in recovering the proceeds of corruption and restoring that money to victims of crime.

“I now intend to negotiate an asset return agreement with the Federal Republic of Nigeria.”

https://leadership.ng/new-jersey-to-return-8-9m-looted-under-jonathan-to-nigeria/

24 Likes 6 Shares

Re: New Jersey To Return $8.9m Looted Under Jonathan To Nigeria by SharingIsLife(m): 12:03pm On Jan 16
Lol.
From #Abachaloots
To #Jonathanloots.

65 Likes 7 Shares

Re: New Jersey To Return $8.9m Looted Under Jonathan To Nigeria by Crime007: 12:06pm On Jan 16
Lol 😂😂😂😂😆 dream on
Re: New Jersey To Return $8.9m Looted Under Jonathan To Nigeria by Treasure17(m): 12:06pm On Jan 16
Return it to who exactly? Cause the person in charge right now is also a parasite.

60 Likes 8 Shares

Re: New Jersey To Return $8.9m Looted Under Jonathan To Nigeria by oz4real83(m): 12:08pm On Jan 16
Nigeria has had two "bazaar govts", the GEJ and PMB govts, these people allowed a free-for-all looting of Nigeria by their allies and even enemies embarassed

97 Likes 9 Shares

Re: New Jersey To Return $8.9m Looted Under Jonathan To Nigeria by coputa(m): 12:08pm On Jan 16
Nigeria leaders has proven over time that they are not in power to lead the people but to loot the treasury.

It gets worse with every government,if not for the oil, nigeria would have crumbled

I still belong to the school of thought that this country should be shared.with the small unit,it will be more easier to managed.

17 Likes 4 Shares

Re: New Jersey To Return $8.9m Looted Under Jonathan To Nigeria by GOFRONT(m): 12:08pm On Jan 16
Abacha still showing us love from the grave.

7 Likes 3 Shares

Re: New Jersey To Return $8.9m Looted Under Jonathan To Nigeria by Obiedun(m): 12:23pm On Jan 16
Thieves.
Re: New Jersey To Return $8.9m Looted Under Jonathan To Nigeria by TimeManager(m): 12:30pm On Jan 16
Mr Fagbemi is a silent ballistic, he's going after all the hidden loots. $8.9million is just a tip in an ocean but a good starting point, if names were revealed, there's no way Madam Ngozi Okonjo Iweala is escaping the hammer, how that woman run the economy aground was unpardonable. She met $20billion in the ECA but left us with $2billion and she was allowed to walk away just like that, with many singing her praises for doing nothing. That woman is keeping our yams, we must get them back.

-kiss the truth!

64 Likes 8 Shares

Re: New Jersey To Return $8.9m Looted Under Jonathan To Nigeria by Cassandraloius: 12:48pm On Jan 16
Really? Wonder shall never end!
Re: New Jersey To Return $8.9m Looted Under Jonathan To Nigeria by EmperorCaesar(m): 12:52pm On Jan 16
cheesy

Buhari surrounded himself with corrupt people
BUT GEJ surrounded himself with saints and Angels

New Jersey should look again, the looted funds was under Obj cause GEJ hired only men from a saintly region cheesy cheesy cheesy

24 Likes 5 Shares

Re: New Jersey To Return $8.9m Looted Under Jonathan To Nigeria by Obiedun(m): 12:58pm On Jan 16
Treasure17:
Return it to who exactly? Cause the person in charge right now is also a parasite.
You lie

25 Likes 4 Shares

Re: New Jersey To Return $8.9m Looted Under Jonathan To Nigeria by Obiedun(m): 1:01pm On Jan 16
ALCOHOLKILLS:
fake news
Keep quiet

16 Likes 3 Shares

Re: New Jersey To Return $8.9m Looted Under Jonathan To Nigeria by oluseyiforjesus(m): 1:25pm On Jan 16
Hmmm
Re: New Jersey To Return $8.9m Looted Under Jonathan To Nigeria by Aldebaran(m): 1:25pm On Jan 16
grin
Re: New Jersey To Return $8.9m Looted Under Jonathan To Nigeria by money121(m): 1:25pm On Jan 16
Abi jonanthan sef wan used Abacha style for Us cry

Won ti pa country yi si ara

Chaii

13 Likes 1 Share

Re: New Jersey To Return $8.9m Looted Under Jonathan To Nigeria by santaclaws: 1:26pm On Jan 16
But "Jonathan was a saint" grin

Jonathan who sacked Sanusi from the CBN for exposing the truth and gave us Emefiele who later became a decade long headache for Nigerians and encouraged corruption in the banking sector...

Same Jonathan tenure witnessed Dieziani, the biggest thieving minister in Nigeria's history.

I still maintain "Jonathan was a saint" 😉

33 Likes 3 Shares

Re: New Jersey To Return $8.9m Looted Under Jonathan To Nigeria by Skillsnigeria: 1:26pm On Jan 16
That's good
Re: New Jersey To Return $8.9m Looted Under Jonathan To Nigeria by FeliciaOja(f): 1:26pm On Jan 16
Wow

2 Likes

Re: New Jersey To Return $8.9m Looted Under Jonathan To Nigeria by Ttipsy(f): 1:26pm On Jan 16
If there was international award for looting and corruption

Nigeria would have become the headquarters

2 Likes

Re: New Jersey To Return $8.9m Looted Under Jonathan To Nigeria by Burgerlomo: 1:27pm On Jan 16
Get your fact right before posting nonsense because New Jersey is one of the States in the US while Jersey is an Island country. .So the country of Jersey is the one using a Jersey Royal Court and not the State of New Jersey.

9 Likes 2 Shares

Re: New Jersey To Return $8.9m Looted Under Jonathan To Nigeria by Beverlyjean(f): 1:27pm On Jan 16
To be re-looted by these criminals in government

2 Likes

Re: New Jersey To Return $8.9m Looted Under Jonathan To Nigeria by BigDawsNet: 1:27pm On Jan 16
Make we add small money to this recovery fund use ham build another refinery....

5 Likes

Re: New Jersey To Return $8.9m Looted Under Jonathan To Nigeria by Westerhoffe(m): 1:27pm On Jan 16
money121:
Abi jonanthan sef wan used Abacha style for Us cry

Won ti pa country yi si ara

Chaii


Walai, won pa a apa s'aiye.

7 Likes 1 Share

Re: New Jersey To Return $8.9m Looted Under Jonathan To Nigeria by Jovi10: 1:28pm On Jan 16
As usual every loot returned to APC will disappear. If I dey lie ask buhari where all the abacha loot returned under him dey.

1 Like

Re: New Jersey To Return $8.9m Looted Under Jonathan To Nigeria by sukkot: 1:28pm On Jan 16
shocked
Re: New Jersey To Return $8.9m Looted Under Jonathan To Nigeria by verybadmouth(m): 1:28pm On Jan 16
V
Re: New Jersey To Return $8.9m Looted Under Jonathan To Nigeria by christejames(m): 1:29pm On Jan 16
In the future when they will start returning the loot under the govt of Tinubu and Buhari eh undecided



We will have no option than to canonize Abacha a Saint shocked

1 Like

(1) (2) (3) (4) (Reply)

Okowa And Obaseki Pictured At Ibru's Burial In Delta State Today / FG Reacts To Dapchi Girls Release, Says 76 Students Released In Ongoing Process / APC Chieftains And Thousands Decamp To PDP In Akwa Ibom

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 21
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.