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We Expect £4.2m Ibori Loot From UK Govt Soon – FG

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Ibori Loot
  • The UK government had in March said that it will repatriate looted funds recovered from Ibori and his accomplices

The Attorney General of the Federation and Minister of Justice, Abubakar Malami, on Monday, said Nigeria expects the return of £4.2million seized from the associates of a convicted former Governor of Delta State, James Ibori, any moment from now. 

The AGF also said the Federal Government of Nigeria is working tirelessly to ensure the return of looted Nigerian assets kept outside the country’s territorial boundaries.

This is made known by Umar Gwandu, Special Assistant on Media and Public Relations, Office of the Attorney-General of the Federation, and Minister of Justice on Monday in Abuja.

Read also: Exposed: How Corrupt Ibori Helped Britain During Abacha Regime

The statement noted that sometimes when a country transfers funds, it may take a little bit time more than expected due to some documentation.

We Are Still Expecting Over ₦527bn Ibori Loot - FG

He said the Office of the Attorney-General of the Federation and Minister of Justice and other relevant government agencies will keep the general public informed once the Ibori loot are received and confirmed.

He also added that the Federal Government of Nigeria is in touch with the government of the United Kingdom on the matter.

“Documentations with the banks in different countries often take longer than anticipated. We anticipated two weeks but we are not in control of the banks.

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“There is neither complacency nor any delay as efforts are being made to ensure successful transfer of the looted funds,” he said.

He noted that the Federal Government is working assiduously to make sure that the transfer goes through successfully.




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