The Federal Government says it has concluded plans to repatriate The Attorney General of the Federation and Minister of Justice, Abubakar Malami said based on the Memorandum of Understanding reached by the The Minister also disclosed that €6.8m traced to convicted former The Minsiter also mentioned that discussions would soon start on
another $321million Abacha loot in a tripartite understanding between
the Island of Jersey, the United States of America and Nigeria.
Malami, who made this known to newsmen, said the repatriation agreement
would be signed sometime nextweek. He said the decision was taken at
the Federal Executive Council meeting presided over by the
President Buhari today Wednesday January 29th.
three parties, the repatriated loot would be used to finance key
projects such as the Lagos-Ibadan Expressway, the 2nd Niger Bridge and
the Kadu-Kano Expressway.
Governor of Delta State, James Ibori, would also be repatriated but said
negotiations had yet to start on the Ibori loot. Recall that in 2012, a
UK court sentenced Ibori who was governor from 1999 to 2007, to prison
after convicting him of fraud and money laundering.
looted assets linked to embattled former Minister of Petroleum
Resources, Dezieni Alison-Madueke.