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FG Working Towards Recovery of £200m Looted Funds – Malami



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Attorney-general of the federation and Minister of Justice, Abubakar Malami says the federal government is working on the recovery of stolen assets.

The AGF, while speaking to newsmen on Wednesday, on the sidelines of the United Nations General Assembly in New York, said the efforts include recovery of £200 million currently stashed in a foreign country.

Malami said:  “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,”

“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.


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“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.”

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