Ibori’s Loot: Nigerian Government Repatriates £4.2m From UK

Abubakar Malami, Minister of Justice, Attorney-General straightnews
Abubakar Malami, Minister of Justice, Attorney-General

The United Kingdom government has repatriated £4.2 million to Nigeria looted by the associates and family members of a convicted former governor of Delta State, James Ibori.

The Attorney-General of the Federation and Minister of Justice, Mr. Abubakar Malami, SAN, confirmed receipt of the looted fund, in a statement he made available to newsmen in Abuja on Tuesday.

Malami, in the statement that was signed by his Special Assistant on Media and Public Relations, Dr. Umar Gwandu, stated that the money was credited into the designated Federal Government account, with the naira equivalent value of the amount as of May 10, 2021.

The AGF had earlier signed a Memorandum of Understanding for the repatriation of the loot, on behalf of the Federal Government of Nigeria.

According to him, “the development 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.”