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Breaking: Nigeria Receives Naira Equivalent Of £4.2 Million Ibori Loot, Malami

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Chief James Ibori, Former Governor of Delta State

 

Nigeria’s Attorney-General and Minister of Justice, Abubakar Malami, SAN has confirmed the Government’s receipt of Naira equivalent of £4,214,017.66 loot associated with the family members of former Delta State Governor, James Ibori.

Malami confirmed this through a statement by his Special Assistant on Media and Public Relations, Dr. Umar Jibrilu Gwandu, Tuesday.

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.

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