UK returns Ibori’s loot to Nigeria
The federal government has received £4,214,017.66 looted funds recovered from family members and associates of former Delta State Governor, James Ibori from the government of the United Kingdom.
The Attorney-General of the Federation (AGF) and Minister of Justice, Abubakar Malami, confirmed this development on Tuesday.
According to the statement by the Attorney-General signed by his Special Assistant on Media and Public Relations, Dr. Umar Gwandu on Tuesday he disclosed that the money was credited into the designated Federal Government account, with the naira equivalent value of the amount as of May 10, 2021.
He added: “Attorney-General of the Federation and Minister of Justice, Abubakar Malami, SAN signed Memorandum of Understanding for the repatriation of the Ibori loot on behalf of the Federal Government of Nigeria.
“The development, according to Malami, was a demonstration of the recognition of reputation Nigeria earns through records of management of recovered stolen Nigerian stolen in the execution of public oriented projects.”