Breaking News
Translate

UK to return £4.2m seized loot to Nigeria soon ― Malami

Kindly Share This Story:
UK to return £4.2m seized loot to Nigeria soon ― Malami
Minister of Justice and Attorney General of the Federation, Abubakar Malami

By Ikechukwu Nnochiri – Abuja

The Attorney General of the Federation (AGF) and Minister of Justice, Mr Abubakar Malami, on Monday, said the Federal Government of Nigeria has been working tirelessly to ensure the return of looted Nigerian assets kept outside the country’s territorial boundaries.

The AGF, in a statement that was signed by his Special Assistant on Media and Public Relations, Dr Umar Gwandu, said he was optimistic that Nigeria would soon take possession of the sum of £4.2m that was seized from the associates of a convicted former Governor of Delta State.

Malami stressed that sometimes, the transfer of such seized funds suffers temporary delay due to expected documentation processes.

ALSO READ: Nigeria’ll collapse in 6 months time, Robert Clarke swears by his father’s grave

He said his office and other relevant government agencies would keep the general public informed once the loot is received and confirmed.

The AGF said the Federal Government of Nigeria was in touch with the government of the United Kingdom on the matter.

“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 stated.

He said the Federal Government was working assiduously to make sure that the transfer went through successfully.

“There is neither complacency nor any delay as efforts are being made to ensure successful transfer of the looted funds,” the statement added.

Vanguard News Nigeria

Kindly Share This Story:
All rights reserved. This material and any other digital content on this platform may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from VANGUARD NEWS.

Disclaimer

Comments expressed here do not reflect the opinions of vanguard newspapers or any employee thereof.
Do NOT follow this link or you will be banned from the site!