FG recovers looted £200 million in U.S.

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The Federal Government has announced it is making efforts to reclaim some £200 looted by former public officials and stashed in the United States.

This was disclosed by Abubakar Malami, Attorney-General of the Federation (AGF) and Minister of Justice while speaking on the war against corruption and illicit financial flow in Nigeria during an event of the United Nations General Assembly in New York, United States.

According to him: “We are looking at the possibility of recovering further £200 million among others but then, that does not mean there are not other associated assets being pursued, in terms of other countries of the world inclusive of Ireland.

“We are pursuing a lot of assets across the globe and then we intend to coordinate further meetings relating to recovery in the United Kingdom, which is associated with certain personalities.”

However, the minister refused to divulge the strategy the government would utilise in actualising the recovery.

He remarked that the “government is trying to gather international momentum associated with the processes and procedures, in terms of making things easier for countries to recover assets with ease.”

Furthermore, Malami restated that the present administration was dedicated to its anti-corruption campaign and would imprison those with laundered funds.

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