Assets worth £6.9 million ($8.9 million), suspected to have been stolen, are set to be repatriated to Nigeria following a favorable ruling by Jersey’s Royal Court in support of the country.
The decision was made in response to a forfeiture notice issued by Jersey’s Attorney General in November. The notice alleged that funds, deposited in a Jersey bank account, were likely misappropriated by Nigerian government officials in 2014. These funds, initially designated for legitimate arms deals, were reportedly illicitly transferred under the guise of government-sanctioned contracts for arms purchases during Boko Haram incursions in Nigeria from 2009 to 2015.
During the period of 2010 to 2015, when Goodluck Jonathan of the Peoples Democratic Party (PDP) held the presidency, controversies arose around the purchase of weapons in the fight against insurgency. The then National Security Adviser (NSA), Sambo Dasuki, faced accusations of diverting funds intended for security equipment.
In late 2014, a private jet owned by the then President of the Christian Association of Nigeria (CAN), Pastor Ayo Oritsejafor, was seized in South Africa with $10 million in cash, allegedly intended for the purchase of military weapons.
The Jersey court determined that a significant portion of the funds, initially meant for legitimate arms deals, had been diverted through foreign bank accounts and shell companies associated with the former ruling party in Nigeria.
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