Abubakar Malami, attorney-general of the federation, says
the federal government is working on the recovery of stolen assets, including
£200 million currently stashed in a foreign country.
The development comes months after the federal government
said over $700 million looted funds have been recovered in the past four years.
“Nigeria, through proactive and collaborative efforts with
other countries, has recovered and ensured the return of over $700 million from
the United States, the United Kingdom, Bailiwick of Jersey, Switzerland, and
Ireland in the past four years,” Malami had said in May.
The attorney-general of the federation, while speaking to
journalists on Wednesday, on the sidelines of the United Nations General
Assembly in New York, said there will also be discussions on reviewing the
process for the recovery of stolen funds from foreign countries.
“As far as the meeting I intend to attend in Washington DC
by tomorrow is concerned, we are looking at the possibility of recovering
further 200 million pounds, among others. But then, that does not mean there
are not other associated assets being pursued, in terms of other countries of
the world, inclusive of Ireland,” the AGF said.
“We are pursuing a lot of assets across the globe and then
we intend to coordinate further meetings relating to recovery in the United
Kingdom, which is associated with certain personalities.
“We are building consensus in terms of driving resolutions,
processes and procedures associated with asset recovery.
“So, while we are pursuing the recovery of the assets in their
own right, we are equally trying as much as possible, to see what we can do in
terms of building consensus around making the process of asset recovery easier
locally and internationally.”
President Muhammadu Buhari had arrived in New York on
Sunday, to participate in the ongoing 76th session of the UN General Assembly.
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