Abacha loot: How cash transfer program will work, by Osinbajo

Vice-President Yemi Osinbajo Wednesday said the cash transfer programme involving the recovered $322million Abacha loot will be stringently monitored to ensure transparency.

He said monitors would visit the individual households that have been identified through “deliberate targeting”.

The Vice-President spoke in Abuja when he launched the Monitoring of Recovered Assets through Transparency and Accountability (MANTRA) Project.

It was at a roundtable organised by the Presidential Advisory Committee Against Corruption (PACAC) to mark the First African Day of Anti-Corruption.

The roundtable had the theme: “Enhancing Domestic Resources for Sustainable Development Goals by Improved Asset Recovery and Asset Return”.

The Switzerland Government, based on a memorandum of understanding with Swiss banks and the World Bank, returned $322million to Nigeria.

A Swiss court order that led to the repatriati

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