It is an irony to see this article published 24 hours after discussing the Luxembourg NGOs' study about illegitimate funds in Luxembourg.
Quote: "The examining magistrate sentenced Abba Abacha to a suspended jail term, and ordered the confiscation of his assets of $350m. The money is held by his criminal organization and seized through international assistance in Luxembourg and the Bahamas," Geneva canton’s justice office said in a statement."
Well here you have it. A perfect illustration of the pervasive presence of stolen public assets around the world. Abacha stole $2.2 billion. As I understand only half is accounted for.
Egide Thein
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