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FG to sign pact with U.S. over looted assets


The Attorney-General of the Federation and Minister of Justice, Abubakar Malami, yesterday departed Nigeria to attend a three-day meeting of the United States-Nigeria Bi-national Commission in Washington DC.

A statement by Special Assistant on Media and Public Relations to the Attorney-General and Minister of Justice, Dr. Umar Jibrilu Gwandu, in Abuja, said Malami would, on behalf of Nigeria, sign a tripartite agreement with the Island of New Jersey and the United States (U.S.) for repatriation of $321 million looted assets, as part of the Federal Government’s efforts to recover more stolen funds stashed abroad.

The statement said the meeting was a yearly annual event between Nigeria and the U.S. aimed at reviewing bilateral relationships and taking necessary steps to advance mutual interest in all diplomatic areas between the two countries.

According to the minister, the meeting is not an ad-hoc event for addressing impromptu concerns, but a friendly bi-national meeting that holds yearly devoid of intervening concerns or relating to the internal affairs of the participating states.

The Nigerian government delegation expected to be part of the meeting, in addition to Malami, include the Minister of Industry, Trade and Investment Otunba Adeniyi Adebayo; Minister of Defence, Maj.-Gen. Bashir Magashi (rtd); Minister of Foreign Affairs; Geoffrey Onyeama; National Security Adviser, Maj.- Gen. Babagana Monguno (rtd), as well as Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar Faruk.


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