N4.3bn proceeds from sale of Nigeria’s Washington property duly accounted for – Ministry

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The Foreign Affairs Ministry on Friday denied media reports on the alleged misappropriation of $27 million (N4.3 billion) proceeds from the sale of Federal Government property in Washington DC.

A statement issued by the ministry clarified that $23.5 million (N3.8 billion) was realised from the sale of the three federal government-owned property in Washington DC between 2004 and 2007 and not $27 million as reported.

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