Nigerian group demands $500M from Trump administration - News Summed Up

Nigerian group demands $500M from Trump administration


A Nigerian economic and social rights group has written to the White House demanding the return of $500 million of stolen funds, which it claims are being held by the US. Switzerland has recovered and returned around $700 million to Nigeria to date, with further sums pending. "This has been subject to legal challenge, and the bureaucratic system in the US is hindering the return so far." The US Department of Justice (DoJ) says that the appeal must be resolved before the funds can be returned to Nigeria. The US Congress has discussed a bill that would see the Nigerian funds placed in a charity to support the victims of Boko Haram, but Nigeria is unlikely to accept such an arrangement.


Source: CNN February 15, 2017 10:30 UTC



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