BREAKING: FG Finally Receives €4.2m Ibori Loot
The Federal Government of Nigeria says it has received about £4,214,017.66 looted by former Delta State Governor, James Ibori, and his associates.
The money was repatriated to the country by the United Kingdom.
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The Attorney-General of the Federation and Minister of Justice, Abubakar Malami, SAN, disclosed this through his spokesperson, Dr. Umar Jibrilu Gwandu.
Gwandu stated on Tuesday that “the amount has been credited into the designated Federal Government account with naira equivalent value of the amount as of 10th May, 2021.”
Recall that Malami had signed a Memorandum of Understanding with the UK for repatriation of the convicted former governor’s loot.
Malami revealed that the money would be channelled towards the Second Niger Bridge, and other projects.
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But stakeholders in Delta State where the money was stolen from had claimed that the money should be returned to the state.
