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Major banks handled Nigerian funds looted by Abacha, court documents show; return of money begins

By Robert Thomason ( May 6, 2020, 21:24 GMT | Insight) -- Deutsche Bank and HSBC held $311 million, looted by deceased Nigerian dictator Sani Abacha, that's being returned from Jersey to Nigeria under a repatriation agreement, court documents show. However, the US Justice Department said it's still seeking to return, as per a US judge's 2014 order, $177 million frozen in France and the UK.Deutsche Bank and HSBC held $311 million, looted by deceased Nigerian dictator Sani Abacha, that's being returned from Jersey to Nigeria under a repatriation agreement, court documents show. However, the US Justice Department said it's still seeking to return, as per a US judge's 2014 order, $177 million frozen in France and the UK....

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