Nigeria has successfully reclaimed over $6 million from the United States (US) government, following a prolonged legal battle spanning nearly a decade. The funds were originally seized in 2014 after an arms broker, Dolarian Capital Inc. (DCI), attempted to supply military equipment to Nigeria without the necessary U.S. government license. The U.S. authorities cited a violation of the Arms Export Control Act, leading to the seizure. On December 23, 2024, the U.S. District Court for Eastern California ruled in favour of Nigeria, issuing a permanent order of forfeiture and confirming…
Read MoreU.S. Court orders release of seized $6m arms funds to Nigeria
