The Federal Government of Nigeria, says the United Kingdom is set to return the sum of £4.2m recovered from former Governor of Delta State, James Ibori and his associates.
Abubakar Malami, Attorney-General of the Federation, disclosed this in a statement on Tuesday.
This was during a signing ceremony between the UK and the government of Nigeria, concerning the return and management of stolen assets recovered from the former Governor.
“…the governments of Nigeria and the United Kingdom have concluded negotiations for the return of £4.2m to Nigeria pursuant to the Memorandum of Understanding earlier executed by the two governments in 2016,” Malami said.
“We have established, as a government, a reputation of transparency and accountability of utilization of recovered assets as a nation. These assets will in no way be different in terms of application,” he added.