[10] Bagudu eventually reached a settlement, agreeing to return $160 million of stolen money in exchange for deportation to Nigeria to face trial.

In its complaint, the U.S. government alleged that Sani Abacha, his son Mohammed Sani Abacha, their associate Abubakar Atiku Bagudu and others "embezzled, misappropriated and extorted billions of dollars from the government of Nigeria and others, then laundered their criminal proceeds through U.S. financial institutions and the purchase of bonds backed by the United States.

"[13][14] In February 2020, the U.S. government entered into a trilateral agreement with Nigeria and Jersey to repatriate over $300 million in additional money that Bagudu played a role in stealing during the Abacha regime.

[15][10] The U.S. announced that it was continuing to seek forfeiture of over $177 million in additional laundered funds held in trusts that name Bagudu and his relatives as beneficiaries.

[16][17] In October 2022, the Nigerian national honour of Commander of the Order of the Niger (CON) was conferred on him by President Muhammadu Buhari.