The visit of President Muhammadu
Buhari to U.S. President Donald Trump has yielded the finalisation of
negotiations to repatriate more than 500 million dollars (about 190 billion
Naira) of Nigeria’s looted money traced to the U.S.
Nigeria’s Attorney-General and
Minister of Justice, Abubakar Malami, told the Correspondent of the News Agency
of Nigeria (NAN) in Washington, DC, that he and the Attorney-General of the
U.S. would be meeting on Tuesday to finalise the agreement.
Malami explained that the
technicalities involved were being taken care of by both officials of the
Nigerian Governments and also from the U.S. side.
He said: “On the part of assets
recovery, we have made considerable progress through this visit.
“There’s goodwill by the two
presidents to have a road map for the repatriation of illicit funds and assets
traced to the U.S. as proceeds of illicit transactions.
“This illicit funds and assets
are to the tune of 500 million dollars and above for immediate repatriation.
“We are looking at the shortest
practicable time for it to be repatriated.
“There is political commitment
demonstrated by the two presidents.
“The over 500 million dollars is
not all the recovery, it is only for the immediate repatriation while we
continue with our efforts to recover more”.
Malami defended Nigeria’s human
rights record, saying the Buhari’s administration is the first in the history
of Nigeria to pay compensation for human rights violations.
He said in April, the Federal
Government paid N135 million for the eight Apo traders who were found to have
been victims of extra judicial killings by the Nigeria Police.
“Of the police officers indicted,
two were sentenced to death. The payment of compensation was also as a result
of the recommendation by the National Human Rights Commission and government
did not appeal against it,” he said.
He noted that Trump approved of
what Buhari’s administration is doing.
“Trump said Buhari is a great
leader; he said he has a great respect for him; and he said Buhari has cut down
on corruption,” Malami said.
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