but the Nigerian dictator's associates did use the jurisdiction
The Jersey financial industry breathed a sigh of relief as it was announced that the assets of ex-Nigerian dictator General Sani Abacha were not held on the island. However, nine of Jersey's financial institutions did hold assets belonging to other Nigerian senior politicians or politically exposed persons (Peps), according to the Jersey regulator's findings. Reports were prepared by accountants appointed under the Banking and Funds Laws on nine of the island's financial institutions that accepted funds from General Abacha's associates and other Peps in Nigeria. Almost all of the assets he...
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