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Home»ACCOUNTABILITY/CORRUPTION»Nigeria expects $4.2m Ibori loot soon – Malami
ACCOUNTABILITY/CORRUPTION

Nigeria expects $4.2m Ibori loot soon – Malami

Abdallah el-KurebeBy Abdallah el-KurebeMay 3, 2021No Comments2 Mins Read
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Nigeria’s Attorney General of the Federation and Minister of Justice, Abubakar Malami says the Federal government is working to ensure the return of looted Nigerian assets kept outside the country’s territorial boundaries.

This is contained in a statement by the spokesperson of the office of the Attorney-General of the Federation and Minister of Justice, Dr Umar Gwandu and made available to news men on Monday.

According to Malami, Nigeria expects the return of £4.2m seized from the associates of convicted fomer Governor of Delta State, James Ibori, any moment from now.

The statement noted that sometimes when a country transfers funds, it may take a little bit time more than expected due to some documentations.

He said his office and other relevant government agencies will keep the general public informed once the Ibori loot are received and confirmed.

The AGF said the federal government of Nigeria is in touch with the government of the United Kingdom on the matter.

“Documentations with the banks in different countries often take longer than  anticipated. We anticipated two weeks but we are not in control  of the banks,” the statement said.

He maintained that the federal government is working assiduously to make sure that the transfer goes through successfully.

“There is neither complacency nor any delay as  efforts are being made to ensure successful transfer of the looted funds,” he said.

AGF Malami Ibori loot
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