close
Tuesday, May 4, 2021

We’re expecting $4.2 million Ibori loot very soon: Malami

“My office and other relevant government agencies will keep the public informed once the Ibori loot is received and confirmed.’’

• May 3, 2021
Nigeria's Attorney General, Abubakar Malami
Nigeria’s Attorney General, Abubakar Malami [Photo Credit: The Guardian Nigeria]

The Buhari administration has reiterated its  commitment towards the return of looted Nigerian assets kept outside the country.

The Minister of Justice, Abubakar Malami, made this known in a statement issued by Dr Umar Gwandu, his Special Assistant on Media and Public Relations on Monday in Abuja.

“Any moment from now, Nigeria will get the return of the 4.2 million pounds seized from the associates of convicted former governor of Delta, James Ibori.

“Sometimes when a country transfers funds, it may take a little more time than expected due to some documentation.

“My office and other relevant government agencies will keep the public informed once the Ibori loot is received and confirmed’’.

He said the federal government is in touch with the government of the United Kingdom on the matter.

“Documentations with the banks in different countries often take longer than expected. We anticipated two weeks but we are not in control of the banks,” he said.

Mr Malami maintained that the government is working assiduously to make sure that the transfer goes through successfully.

“There is neither complacency nor undue delay as efforts are being made to ensure successful transfer of the funds,” he assured. 

More from Peoples Gazette

Pantami and Buhari

NationWide

JUST IN: Terror-linked Pantami shifts NIN-SIM deadline to June 30

The extension, the federal government said, was due to the virtual meeting chaired by Mr Pantami and attended by the Chairman of NCC, Adeolu Akande, Executive Vice Chairman of NCC, Umar Garba Dambatta,

Anti-Corruption

Corruption: OXFAM, CISLAC urge Nigerian legislators to be transparent

“Legislators access public resources. They should be able to explain and make themselves accessible and accountable to the people on a regular basis.”

World

U.S. to admit 62,500 refugees after backlash

In 2016, then-president Barack Obama’s last full year in office, about 85,000 refugees were allowed into the U

NationWide

Buhari approves N215.68 billion for Ikeja, Eko DisCos amid epileptic electricity supply

Specifically, Ikeja will receive N121.92 billion for infrastructure upgrade across its network within five years, said NERC.

Nigerian soldiers and Boko Haram

States

Boko Haram kills soldiers, civilians in Konduga

According to the Nigerian military, the terrorists entered a part of the town, burnt nine houses, and killed some residents before the troops engaged them in a shootout, forcing the insurgents to retreat

States

Buhari tightens security at Katsina, Lagos, Sokoto, Cross River borders

“NIS, in order to enhance its services and penetrate inner parts of the country, has added four new border formations.”