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Swiss Bank Account of Nigerian Dict



Subject: Swiss Bank Account of Nigerian Dictator, First call.

JUST IMAGINE WHAT THE BURMESE JUNTA HAS STASHED AWAY?
OR SURE KHIN NYUNT IS JUST AN HONEST GENERAL, ARENT THEY ALL...
LIKE CURRENT REVISIONIST HISTORY ABOUT TO ACCEPT THE TCHETCHENIE 
MASSACRE AND THE FORMER KGB SPY AS YETSIN SUCCESSOR. REMEBER STABILITY
IS GOOD FOR BUSINESS. 

THE REVISIONISM HAS BEGUN. BRING IN THE 21ST CENTURY...


> Wednesday, December 15, 1999
> 
> Switzerland freezes $551m Abacha accounts
> 
> >From Kate Da Costa, Abuja
> 
> SWITZERLAND announced yesterday that it had frozen accounts worth $551
> million (N53.612 billion) linked with the late Gen. Sani Abacha, marking the
> first government pronouncement on the matter.
> 
> The measure was sequel to an official request in October by the Federal
> Government that the accounts be temporarily frozen pending formal
> institution of recovery bid.
> 
> Confirming a report earlier carried by Swiss daily newspaper, Tribune de
> Geneve, Georges Zecchin, the Swiss judge charged with investigating the
> off-shore deposits, said he was getting maximum co-operation from banks.
> "Several financial institutions reported suspected money laundering," he
> said.
> 
> About 120 Nigeria-related accounts have so far been frozen at banks in
> Geneva and Zurich.
> 
> Reports from Geneva said besides the late Head of State?s accounts, the
> measure was applied on accounts of his aides and associates including that
> of former National Security Adviser, Alhaji Ismaila Gwarzo; Abacha?s Chief
> Security Adviser; one former minister; four unidentified Nigerian
> businessmen and a number of companies.
> 
> The British Broadcasting Corporation (BBC) and the Voice of America (VOA)
> also reported yesterday that the action was sequel to the government?s first
> step on October 14 to freeze bank accounts of the Abacha family members and
> associates.
> 
> Swiss ambassador to Nigeria, Mr. Hanspeter Strauch, said his country would
> be willing to do more to assist the Obasanjo administration to retrieve
> looted monies.
> 
> In a statement on October 14, the Swiss Federal Office for Police Matters
> said the accounts frozen were at four banks in Geneva and one in Zurich. The
> statement added that the holders "are suspected by Nigeria of systematically
> pillaging the Nigerian Central Bank over a period of years."
> 
> However, the Swiss government has given Nigeria a deadline of January 13,
> next year, to present a formal request for legal assistance from
> Switzerland. The Obasanjo administration is required to prove that the
> blocked assets are under investigation in Nigeria.
> 
> Observers reckon that a cumbersome process is involved before the blocked
> assets may be released to Nigeria. Indications are that more bank accounts
> may be frozen by the conclusion of on-going investigations by the Swiss
> authorities.
>