How did three Danes end up being tortured in Lebanon?
At 15 Omar went to Guantanamo. Here's his story
06 Mar 2014 07:24 GMT | Africa
The United States has frozen more than $458m that former Nigerian leader Sani Abacha and his conspirators obtained through corruption and hid in bank accounts around the world, the US Justice Department said.
About $313m was restrained in bank accounts in the Bailiwick of Jersey and $145 million was restrained in bank accounts in France, the department said in a statement on Wednesday.
The department said it was pursuing additional holdings in the United Kingdom with an expected value of at least $100m, but that the exact amount would be determined later.
Abacha died in 1998 at age 54. Nigeria has for years been fighting to recover his money, but companies linked to the Abacha family have gone to court to prevent repatriation.
The former military dictator looted between $3bn and $5bn of public money during his five-year rule of Africa's top oil producer from 1993 to 1998, according to Transparency International.
Overseas bank accounts
In November, the US Justice Department filed a lawsuit seeking the recovery of money that had been identified in overseas bank accounts.
A judge in Washington, DC, unsealed the lawsuit on Wednesday.
Named with Abacha as conspirators in the suit were his son Mohammed Sani Abacha and Abubakar Atiku Bagudu, whom the suit called their associate.
They laundered money through the purchase of bonds backed by the United States using US financial institutions, according to prosecutors.
Last month, US arrest warrants for the assets were enforced in France as well as in the Bailiwick of Jersey off the coast of Normandy, through mutual legal assistance requests and in the United Kingdom through litigation, the Justice Department said.
The assets were held in banks including Deutsche Bank, HSBC and Banque SBA, according to the lawsuit.
The lawsuit also seeks the forfeiture of five corporate entities registered in the British Virgin Islands.
President Goodluck Jonathan must crack down on corruption if he wants to be taken seriously.
Politics, Niger, Nigeria
Government determined to get back $1bn paid to oil companies which failed to deliver imported fuel.
Business & Economy, Africa, Niger, Nigeria
Content on this website is for general information purposes only. Your comments
are provided by your own free will and you take sole responsibility for any direct
or indirect liability. You hereby provide us with an irrevocable, unlimited, and
global license for no consideration to use, reuse, delete or publish comments, in
accordance with Community Rules & Guidelines and Terms and Conditions.
Normalised Cuba-US relations could result in a hybrid economic model blending socialism and entrepreneurial spirit.
Business & Economy, Communism, Politics
Chasing dreams in an unlikely place, foreign footballers play in Somalia as country rebuilds from decades of conflict.
Sport, Africa, Somalia
Many of the 7,000 sex workers in this Kolkata red-light district say they have no other options for survival.
Asia, India, Women
Wedged between Ukraine and Romania, one of Europe's poorest nations must choose between the regional powers.
Poverty & Development, Politics, Europe
At least 35 people killed as ISIL group attacks police posts in Sheikh Zuweid and El-Arish, sources tell Al Jazeera.
Middle East, Egypt
Medics in Yemen barely have tools to tend to physical wounds of Yemeni children, let alone psychological ones.
War & Conflict, Middle East, Yemen, War
After decades of tension and hostility between the two nations, has change finally come to US-Cuba relations?
As the Baku games close, we examine the challenges facing journalists; plus, Angola, Portugal and 'reverse colonialism'.
Media, Europe, Azerbaijan
How Brazil's football legend turned every Corinthians' match into a political meeting for democracy.
Politics, Football, Latin America
The ICC chief prosecutor discusses Sudan's president escaping justice in South Africa and alleged war crimes in Gaza.
Politics, ICC, South Africa