The Minister of Justice and the Attorney-General of the Federation, Abubakar Malami, disclosed this on Tuesday via a statement issued by his spokesman, Dr. Umar Jibrilu Gwandu.
“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.”
“The amount has been credited into the designated federal government account with naira equivalent value of the amount as of 10th May, 2021.
“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.”
KanyiDaily recalls that on March 9, the UK had agreed to return looted assets worth £4.2 million to Nigeria recovered from Ibori’s friends and family members.
The Federal Government had said the recovered loots would be used to fund the Lagos-Ibadan road, Abuja-Kano road, and the second Niger Bridge.