Stolen Funds: FG moves to recover £200m stashed in the United States - Malami


The Minister of Justice and Attorney-General of the Federation, Abubakar Malami, says the Federal Government has over £200 million to recover in the United States.

Malami said this while speaking on the sidelines of the United Nations 76th General Assembly currently holding in New York. According to him, the Nigerian government is embarking on a massive recovery of assets belonging to the country.

“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.

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 said

The AGF said he would not like to further disclose the strategy the federal government will use in making the recovery, but 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”.

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