FG to recover $321m loots from US, Island of Jersey to fund Lagos-Ibadan Expressway, others

Nigeria is to sign a tripartite agreement with the United States of America (USA) and the Island of Jersey to repatriate $321 million looted assets.

Disclosing this while briefing State House Correspondents after the first Federal Executive Council (FEC) of 2020, the Attorney-General of the Federation and Minister of Justice, Abubakar Malami, said the agreement is expected to be signed next week.

According to him, the funds expected to be repatriated through the agreement are those traced to the Abacha family; the former Minister of Petroleum Resources, Mrs. Diezani Alison-Maduake; Kola Aluko and former Delta Governor, Chief James Ibori.

According to Malami, the fund, when eventually repatriated, would be directed to fund critical projects like the Lagos -Ibadan Expressway, Abuja -Kano and the Second Niger Bridge.

source https://www.ladunliadinews.com/2020/01/fg-to-recover-321m-loots-from-us-island.html

Share On:

Facebook Twitter WhatsApp Google+ Pinterest

Copy the link below and Share with your Friends:

Download Our Official Android App on Google Playstore HERE
OR
Download from another source HERE

Subscribe to our posts and be the first to receive email updates.

About Blogindoor
Blogindoor.com Is A Top Tech Blog That Provides Free And Cheap Browsing Cheats On Mtn, Etisalat, 9mobile, Glo And Airtel, Latest Phone And PC Updates, Tweaking Guides And Tech News.