By Eric Ikhilae, Abuja
The British Authorities has formally paid the £4,214,017.66 looted funds recovered from members of the family and associates of former Delta State Governor, James Ibori into an account designated for that goal by the Federal Authorities.
The Legal professional-Basic of the Federation (AGF) and Minister of Justice, Abubakar Malami, who confirmed this growth on Tuesday, stated the quantity has been credited into the designated Federal Authorities account with naira equal as of tenth Could, 2021.
Malami’s spokesman, Dr. Umar Gwandu, in an announcement on Tuesday quoted the AGF as confirming the receipt of the recovered loot by the FG.
He added: “Legal professional-Basic of the Federation and Minister of Justice, Abubakar Malami, SAN signed Memorandum of Understanding for the repatriation of the Ibori loot on behalf of the Federal Authorities of Nigeria.
“The event, in response to Malami, was an illustration of the popularity of repute Nigeria earns by way of data of administration of recovered stolen Nigerian stolen within the execution of public oriented tasks.”