By Yusuf Bello
Attorney-General of the Federation and Minister of Justice, Abubakar Malami, SAN has confirmed that the Federal Government of Nigeria has received GBP 4,214,017.66 of the loot associated with the family members of former Delta State Governor, James Ibori.
Malami made the disclosure in a statement by Dr. Umar Jibrilu Gwandu, his Special Assistant on Media and Public Relations, on Tuesday in Abuja.
According to the statement the amount has been credited into the designated Federal Government account with naira equivalent value of the amount as of 10th May, 2021.
“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 Nigeria’s stolen funds in the execution of public oriented projects.
