The Federal Government of Nigeria has received GBP4,214,017.66 of the loot associated with the family members of former Delta State Governor, James Ibori.
TheNewsGuru.com (TNG) reports Attorney-General of the Federation and Minister of Justice, Abubakar Malami confirmed the receipt on Tuesday.
This was contained in a statement released by Dr. Umar Jibrilu Gwandu, Special Assistant on Media and Public Relations, Office of the Attorney-General of the Federation and Minister of Justice.
According to the statement the amount has been credited into the designated Federal Government account with naira equivalent value of the amount as of 10th May, 2021.
The Attorney-General of the Federation and Minister of Justice signed the Memorandum of Understanding for the repatriation of the Ibori loot on behalf of the Federal Government of Nigeria.
The development, according to Malami, was a demonstration of the recognition of the reputation Nigeria earns through records of management of recovered stolen Nigerian stolen in the execution of public oriented projects.