Paris made a commitment in Abuja on Friday to return 150 million dollars of deceased Gen. Sani Abacha’s loot frozen in France. Minister for Europe and Foreign Affairs of France, Ms Catherine Colonna told a news conference that France would return the loot to strengthen bilateral relations between the two countries. “France will return to...
November 19, 2024
Tag: loot
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Criminals loot billions from Namibia
Namibia loses an average of N$4,6 billion annually as a result of money laundering, bribery and tax evasion through illicit financial flows (IFFs), according to a report by the think tank Global Financial Integrity. This is as the Bank of Namibia (BoN) announced the successful conclusion of a pilot project focused on defining, estimating, and...