New Jersey, a state in the United States of America, is set to return stolen assets valued at $8.9 million which were stolen under the administration of Goodluck Jonathan to Nigeria.
According to Leadership, New Jersey’s Royal Court has ruled in favour of returning the stolen assets to Nigeria.
It said the decision comes after Jersey’s Attorney General issued a forfeiture notice in November, asserting that the funds, deposited in a Jersey bank account, were likely misappropriated by Nigerian government officials in 2014.
The illicit transfer of funds was reportedly disguised as government-sanctioned contracts for arms purchases during Boko Haram incursions in Nigeria between 2009 and 2015.
