The United States will turn over to Nigeria $23 million taken by former military ruler Sani Abacha, officials said at an event to sign the agreement on Tuesday.
Nigeria has reached several agreements to return stolen cash in recent years. Abacha ruled Africa's most populous nation and top oil exporter from 1993 until his death in 1998, during which time Transparency International estimated that he took up to $5 billion of public money. He was never charged.US Ambassador Mary Beth Leonard said the cash was in UK accounts but was identified and frozen by US officials.
Read MoreThe US Justice Department has previously said that Nigeria must use money repatriated from funds looted by Abacha on agreed public projects or be forced to"replace" it.In the past, Nigeria had secured the release of millions of dollars stashed in foreign accounts by the former dictator.In 2017, the Swiss government released a statement announcing it had reached an agreement with Nigerian authorities and the World Bank on the return of $321 million to the West African country.
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