Nigeria Receives £4.2m Ibori Loot

Abubakar Malami, Attorney-General of the Federation and Minister of Justice has confirmed that the Federal Government of Nigeria has received £4,214,017.66 of the stolen money associated with the family members of former Delta State Governor, James Ibori.

This is new development was confirmed by Umar Gwandu, Special Assistant on Media and Public Relations, Office of the Attorney-General of the Federation and Minister of Justice in a statement issued to news men in Abuja on Tuesday.

According to the statement, the amount has been credited into the designated Federal Government account with naira equivalent value of the amount as of May 10, 2021.

Mr Malami had signed Memorandum of Understanding for the repatriation of the Ibori loot on behalf of the Federal Government of Nigeria.

The development, according to Mr Malami, was a demonstration of the recognition of reputation Nigeria earns through records of management of recovered stolen money channeled in the execution of public oriented projects

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