After weeks of delay, the Federal Government is in receipt of nearly N2.5 billion (£4,214,017.66) of loot associated with former Delta State Governor, Mr. James Ibori, Attorney-General and Minister of Justice, Abubakar Malami, SAN has confirmed.
A statement by Malami’s Special Assistant on Media and Public Relations, Dr. Umar Jibrilu Gwandu, Tuesday, said the amount has been credited into the designated Federal Government account with naira equivalent value of the amount as of 10th May, 2021.
Attorney-General of the Federation and Minister of Justice, Abubakar Malami, SAN signed the Memorandum of Understanding for the repatriation of the Ibori loot on behalf of the Federal Government of Nigeria.
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