PARIS (AFP) — A French appeals court on Wednesday fined former Nigerian oil minister Dan Etete eight million euros (10.5 million dollars) but lifted his three-year prison sentence. Etete, who served as oil minister under president Sani Abacha from 1995 to 1998, was sentenced in absentia and is believed to be living in Nigeria.
PARIS (AFP) — A French appeals court on Wednesday fined former Nigerian oil minister Dan Etete eight million euros (10.5 million dollars) but lifted his three-year prison sentence. Etete, who served as oil minister under president Sani Abacha from 1995 to 1998, was sentenced in absentia and is believed to be living in Nigeria.
The appeal court was examining a 2007 conviction for using 15 million euros in funds obtained fraudulently to purchase properties in 1999 and 2000.
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These included a chateau in northwest France, a Paris apartment and a luxury villa in the chic Paris suburb of Neuilly.
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