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The US entered into an agreement with Nigeria and Jersey to send back over $300 Million worth of assets to Nigeria that were stolen by former Nigerian Dictator General Sani Abacha & his co-conspirators. This dates way back to the 1990's.
Looks like General Abacha, his son, and several of their buddies extorted and embezzled billions of $ from Nigeria and other countries & then used US banks and bond purchases to launder that money.
Under the agreement, all of the money is to be spent on financing/finishing up 3 infrastructure projects in Nigeria - Second Niger Bridge, the Lagos-Ibadan Expressway and the Abuja-Kano road.
Looks like the fund disbursements will be monitored & audited to make sure the money gets used for those purposes and doesn't end up in the hands of crooks again.
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