Nearly $300 million has been paid into Jersey's Civil Asset Recovery Fund as part of a money laundering investigation.
On 31 May 2019 about $267,750,000 was paid into the Civil Asset Recovery Fund, which is managed by the Minister for Treasury and Resources. The payment came from assets that were previously held by Doraville Properties Corporation.
Previously, a US Federal Court in Washington DC had found that the money came from corruption in Nigeria during the military regime of General Sani Abacha. It found that the money had been laundered through the US banking system by individuals including President Abacha's son...