Nigeria Receives 4.2m Euro Ibori Loot - Abubakar Malami - THE DAILY CRUCIBLE

Breaking

Ads


Tuesday, May 18, 2021

Nigeria Receives 4.2m Euro Ibori Loot - Abubakar Malami

                         •Ibori

From.Jane Abuja 

Attorney-General of the Federation and Minister of Justice, Abubakar Malami, SAN has confirmed that the Federal Government of Nigeria has received GBP 4,214,017.66 of the loot associated with the family members of former Delta State Governor, James Onanefe Ibori.

Ibori, a Nigerian politician from oil bearing Niger region, was Governor of Delta State in South South geopolitical zone, Nigeria, from 29 May 1999 to 29 May 2007 on  the ticket of the  People's Democratic Party(PDP). 

Despite being out of power and jailed in the United Kingdom for money laundering offence, the Urhobo ethnic descent still remained quite relevant and  an influential politician and leader in the Niger Delta, particularly influencing the trend of power equation in Delta State.

However, the Special Assistant on Media and Public Relations, Office of the Attorney-General of the Federation and Minister of Justice, Dr. Umar  Jibrilu Gwandu, disclosed the receipt of the GBP 4,214,017.66 euro Ibori loot on Tuesday in Abuja.

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.

Attorney-General of the Federation and Minister of Justice, Abubakar Malami, SAN signed 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 reputation Nigeria earns through records of management of recovered stolen Nigerian stolen in the execution of public oriented projects.


No comments:

Post a Comment