₦airaland Forum

The Times February 17, 2005

Swiss must repay £244m of dictator’s dirty money
By Jon Ashworth

IT SOUNDS like the ultimate Nigerian scam letter — only this time, it is genuine.

Swiss bankers have been ordered to repay $458 million (£244 million) siphoned off by the late Nigerian dictator, Sani Abacha. Dismissing an appeal by General Abacha’s family, Switzerland’s supreme court sided with a government decree ordering the restitution of funds frozen in Swiss banks.

*
The figure adds to the $500 million already repatriated from Switzerland.

General Abacha died in 1998, aged 54. He is suspected of plundering more than $2 billion from the Nigerian central bank.

The Swiss decision means that the West African country has recovered more than $1 billion in Abacha funds. Jersey has returned $170 million. Nigeria has asked for help in tracing looted assets in the UK, America, Germany, Liechtenstein and Luxembourg.

General Abacha amassed his fortune by awarding contracts to front companies, accepting huge bribes and siphoning money direct from the Nigerian treasury.

Nigeria is notorious for its so-called 419 mailshots — named for section 419 of Nigeria’s criminal code — in which recipients are offered a cut of untold millions sitting in a bank account.

Many of the letters purport to be from Marian Abacha, the general’s widow.

Seun:
I think it's accurate to say that London is the Lagos of the United Kingdom.

Peckham (aka 'yorubaland') comes to mind.
http://www.utexas.edu/conferences/africa/ads/317.html

they have their oshodi market there too. lol

brokeback mountain was wayyyyyy overhyped it's not even funny.

Can someone please explain to me what this was?

[quote author=dj-d link=topic=37933.msg849187#msg849187 date=1169957618]thanks pples. i didn't know u have to register. its my first tyme doing this. sorry.
i will find a better way to do this.[/quote]Oh no. I'm not complaining.
registration is free and isn't a big deal

sorry if i sounded like i was complaining.

the intro was funny. lol

[quote author=hot-angel link=topic=37933.msg849191#msg849191 date=1169957925]And you better dedicate this one to Hot-angel (Lizzy) lol. [/quote]

yeah. It required registration
I guess i'll have to register.

Thanks for the post!!!
and like HotAngel said, Keep repping naija

lmao, seriously!

this thread is dead please.
there is a new one somewhere else.

the punishment definitely is harsh.
Singapore had issues w/ the UN human rights commision at some time and has one of the highest execution rates anyway.



@Promise72
you're evil


don't you think that a couple of years in jail is more humane?

try scratching it off. does it come off when you scratch it off?
use a tooth pick or floss.
or maybe you have tooth discoloration

go see a dentist though

That's a pretty harsh sentence for drug trafficking.

but the guy shouldn't be doing the stuff in the first place.