Audio By Carbonatix
A court has ruled stolen assets worth £6.9m ($8.9m) can be returned to Nigeria.
It comes after Jersey's Attorney General served a forfeiture notice to the Royal Court in Jersey in November.
The court ruled the money, deposited in a Jersey bank account, was likely stolen by officials in the Nigerian Government in 2014.
The return of the assets will now be negotiated with the Federal Republic of Nigeria.
The transfer of money was disguised as government-sanctioned contracts for arms purchases during incursions by Boko Haram in Nigeria between 2009 and 2015.
'Victims of crime'
The Government of Jersey said it was probable that most of the funds meant for legitimate arms deals were diverted through foreign bank accounts to and from shell companies.
The Attorney General's office said it was believed the money went to family members of the former ruling party and was shared amongst its members during the 2015 general elections in Nigeria and that the tainted property in this case was to be used for the purposes of such an "illicit transaction".
Mark Temple KC, His Majesty's Attorney General, said the Government of Jersey had worked in "close partnership" with the Federal Republic of Nigeria to recover the property on behalf of the people of Nigeria.
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."
Latest Stories
-
Ghana losing long-term investment capital over absence of Limited Partnerships Law – GVCA CEO
3 hours -
Telecel Group Chief urges governments and regulators to ease cross-border payment
3 hours -
Buipewura gifts elephant tusk to Ya-Na as a symbol of unity
3 hours -
Why the State must appeal Agradaa’s sentence reduction – Prof. Asare lists 5 reasons
4 hours -
IGP Special Operations Team arrests suspect in possession of illegal arms and police gear
5 hours -
Journalism must be a tool for development, not destruction — Sports Minister to AIPS
5 hours -
Dr. Cassiel Ato Forson named Most Outstanding African Finance Minister of the Year
5 hours -
Interior Ministry urges honest self-assessment, strategic alignment at 2025 performance review workshop
6 hours -
InfoAnalytics predicts victory for Hajia Amina in Ayawaso East NDC Primary
6 hours -
Awakening road safety consciousness: Why passengers must be searched before boarding buses in Ghana
6 hours -
She Captures Humanity: A Humanitarian photography and social impact initiative
6 hours -
Ghanaian Swimming prodigy Yamin Amankwah Boamah sets 10 new PBs
7 hours -
Superstition Meets Real Harm: Witchcraft accusations, social injustice and weak protections in Northern Ghana
7 hours -
Nkrumahism, Mahama, and Africa’s unfinished cultural liberation
7 hours -
Group withdraws petition against unlicensed GoldBod actor, cites court proceedings
7 hours
