Thursday, 28th October 2021
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Nigeria moves to recover looted £200m in United States

The Nigerian government has said it is making efforts to recover about 200 million pounds looted by former public officials and stashed in the United States. Attorney-General of the Federation, Abubakar Malami, made the disclosure while speaking on the fight against corruption and illicit financial flow in Nigeria at an event of the United Nations…
Abubakar Malami

Nigeria’s attorney-general and minister for justice Abubakar Malami PHOTO: TWITTER/Abubakar Malami

The Nigerian government has said it is making efforts to recover about 200 million pounds looted by former public officials and stashed in the United States.

Attorney-General of the Federation, Abubakar Malami, made the disclosure while speaking on the fight against corruption and illicit financial flow in Nigeria at an event of the United Nations General Assembly in New York.

“We are looking at the possibility of recovering further 200m pounds among others but then, that does not mean they are not other associated assets being pursued, in terms of other countries of the world inclusive of Ireland,” Malami said.

“We are pursuing a lot of assets across the globe and then we intend to coordinate further meetings relating to recovery in the United Kingdom which is associated with certain personalities.”

Malami, however, declined to disclose the strategy the federal government will use in making the recovery.

He noted that the “government is trying to gather international momentum associated with the processes and procedures, in terms of making things easier for countries to recover assets with ease”.

He added that the government is fully committed to its anti-corruption campaign and by extension spreading its dragnet to those who are in the custody of laundered or stolen funds.