Breaking: FG Receives £4.2m Ibori Loot – AGF, Malami

The Attorney-General of the Federation and Minister of Justice, AGF, Abubakar Malami, says the Federal Government has received the £4.2m loot associated with the family members of former Delta State Governor, James Ibori.

This is made known by the Special Assistant on Media and Public Relations to the AGF, Dr. Umar Gwandu, in a statement issued to news men in Abuja.

According to the statement, the amount has been credited into the designated Federal Government account with naira equivalent value of the amount as of 10th May, 2021.

It states that the development was a demonstration of the recognition of reputation Nigeria earns through records of management of recovered loot in the execution of public oriented projects.

Malami, had signed Memorandum of Understanding for the repatriation of the Ibori loot on behalf of the Federal Government of Nigeria.

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