Swiss Ambassador to Nigeria, Eric Mayoraz, made this known in an interview on the occasion of the 727th Anniversary of the Swiss Confederation and a farewell reception in his honour in Abuja.
Browsing: Eric Mayoraz
Decrying what he termed lack of transparency in the Nigerian Government’s handling of the funds, Mayoraz said the Swiss Government insisted on the involvement of the World Bank in the management of the $322.5 million to ensure that money was spent to alleviate the sufferings of the poor
“We have repatriated $722 million in 2005 to Nigeria and we are now in the process of repatriating $321 million from the second batch of Abacha funds that we have collected