Abacha loot: $4bn in cash returned to Nigeria from 1999 to 2022 - Report

General Sani Abacha, a former military Nigerian leader, stole a massive amount of funds from the coffers of the public treasury, and to date, foreign governments are still in the business of returning to the country monies looted by him.

So far, an estimated $4 billion in cash and $2 billion in assets have been recovered from the Abacha loot from 1999 to 2022.

The most recent development is the $23 million the United States government has agreed to repatriate to Nigeria after signing a deal with the Buhari-led federal government.

Gen  Abacha  (Photo: @G_sparking) Source: Twitter

Although it is yet unknown how much exactly was smuggled abroad during the Abacha regime, below is times his loot has been recovered by Nigeria.

. July 1999 ($420 million) May 2002 ($1.2 billion) November 2003 (Jersey Island recovered $149 million) 

September 2005, Switzerland returned $458 million in cash and $2 billion in assets 

March 2014 (Switzerland returned $380 million) June 2014 (Liechtenstein returned $227 million) August 2014 (the US returned $480 million) 

2016 (Switzerland returned $723 million) December 2017, Switzerland returned $322 million more of Abacha loot to the Nigerian government. 

May 2019, £211 million Abacha loot was discovered in a bank in Jersey, the United States of America.

 January 2020 (Island of Jersey and the US returned $321 million) May 2020 (Island of Jersey and the US returned $311,797,866.11) 

August 2020, (Republic of Ireland repatriated €5.5 million) August 2022, the US repatriated $23 million.