Home » Central Bank of Nigeria Asset Recovery

Central Bank of Nigeria Asset Recovery

Nigeria invites bid for monitoring of spending of Abacha loot

File Photo The Federal Ministry of Justice on Thursday opened technical bids for Consultancy Service to monitor the implementation of Abacha loot III. Newsmen that the Consultancy Service is to undertake the monitoring of the implementation of the tripartite agreement on the Sharing, Transfer, Disposition, Repatriation and Management of the Abacha Forfeited Assets. Mrs Ladidi Mohammed, Head, Asset Recovery and Management Unit, Ministry of justice declared open the bidding process. Mohammed said the process is in tandem with the Asset Return Agreement of Feb. 3 by the Nigeria government, the United States and the Bailiwick of Jersey. ‘`This Agreement is based on international law and cooperation measures that set out the procedures for the repatriation, transfer, disposition and management ...