Ibori Loot: FG to receive £2.4m soon — Malami

May 3, 2021
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Ibori Loot: FG to receive £2.4m soon — Malami

Posted by News Express | 3 May 2021 | 45 times

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•Justice Minister Malami

Attorney General of the Federation and Minister of Justice, Abubakar Malami, has said that “any moment from now” the Federal Government would receive the return of looted funds amounting to £2.4 million seized from the associates of convicted former Governor of Delta State, James Ibori.

The Justice Minister said the federal government is working towards the return of looted Nigerian assets kept outside the country’s territorial boundaries.

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

He said the Office of the Attorney-General of the Federation and Minister of Justice and other relevant government agencies will keep the general public informed once the Ibori loot are received and confirmed.

The minister made the disclosure on Monday in Abuja through a press statement signed by Dr. Umar Jibrilu Gwandu, Special Assistant on Media and Public Relations, Office of the Attorney-General of the Federation and Minister of Justice and made available to News Express.

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

“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,” Malami said.

He explained that the federal government is working diligently 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.

Source: News Express


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