You are here
Home > Blog > JUST IN: Finally, Nigerian Government Receives £4,214,017.66 Ibori Loot

JUST IN: Finally, Nigerian Government Receives £4,214,017.66 Ibori Loot

Spread the love

The British Government has formally paid the £4,214,017.66 looted funds recovered from family members and associates of former Delta State Governor, James Ibori into an account designated for that purpose by the Federal Government.

The Attorney-General of the Federation (AGF) and Minister of Justice, Abubakar Malami, who confirmed this development on Tuesday, said the amount has been credited into the designated Federal Government account with naira equivalent as of 10th May, 2021.

Malami’s spokesman, Dr. Umar Gwandu, in a statement on Tuesday quoted the AGF as confirming the receipt of the recovered loot by the FG.

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.”

Lady Decency
Decency Global News is one of the world's finest blog you can see anywhere around the world. We deal on fresh facts with indept analysis & investigative reporting across the globe. We advertise & market goods & services for corporate bodies and individuals as well as event management & Public Relations consultation…. We appreciate constructive criticism to serve you better. Welcome & enjoy the news... Contact: ella4decency@gmail.com Tell: +234 803 744 6365 +33757936595
Top