Switzerland returns $700m Abacha’s loot to FG

 

                                                                        ...Gen Sani

Switzerland is set to expose public officers who stashed away looted funds in the country’s banks, just as it announced yesterday that the
country new laws did not allow anonymous bank accounts in Swiss banks. The Swiss Government also announced that $700 million, out of the reported $1 billion loot stashed in the country’s banks belonging to the late head of state, General Sani Abacha had been returned to the Federal Government. Swiss Ambassador to Nigeria, Dr. Hans-Rudolf Hodel, said this at a press briefing in Abuja yesterday.
He spoke against the backdrop of a proposed seminar on Anti-Money Laundering and Combating the Financing of Terrorism, which would hold in Abuja between December 11 and 13. The seminar was a collaborative effort between the Swiss Government and the Federal Government.

 culled-DailySun
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We hope this is true...if so what will happen to the money when it enters Nigeria Domain..?

Share your thoughts...thanks!