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.”
Peoplesmind