BY SEGUN ADEBAYO, ABUJA – Minister of Justice and Attoney General of the Federation, Mr Abubakar Malami, SAN on Tuesday announced that the Federal Government of Nigeria has received GBP 4,214,017.66 of the loot associated with the family members of former governor of Delta State, Chief James Ibori.

Malami’s announcement was contained in a statement by his Special Assistant on Media and Public Relations, Dr. Umar Jibrilu Gwandu in Abuja on Tuesday, May 18, 2021.

The Attorney General explained in the statement that the amount has been credited into the designated Federal Government account with naira equivalent value of the amount as of May 10, 2021.

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

The minister said that the development is 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.