[Video] Ibori Loot: We Are Expecting £100 Million From UK And FG Owes The Money Simply Because It Was Federal Law That Was Breached ___AGF #OsazuwaAkonedo
Attorney General and Minister of Justice, Abubakar Malami has said the Nigeria Government is expecting the sum of £100 million from the United Kingdom being money stolen by the former Delta State Governor, James Onanefe Ibori while in office.
Abubakar Malami said out of the £100 million is the secured and recovered £4.2 million the United Kingdom government is set to hand over to the Nigeria.
Abubakar Malami stated this on Politics Today programme on Channels Television monitored by OsazuwaAkonedo yesterday.
It would be recalled earlier yesterday the Africa Network for Environment and Economic Justice, ANEEJ in a press briefing in Benin City demanded the United Kingdom and Nigeria governments to disclose publicly the real amount recovered from James Ibori and called on the governments to review the signed memorandum of understanding of confiscating the money to the Federal Government of Nigeria, adding that the money is Delta State money and should be returned to the rightful owner.
Abubakar Malami said the Federal Government has earlier secured the refund of 5.4 million euro of James Onanefe Ibori loot from Ireland.
He added that the £4.2 million to be returned to Nigeria by United Kingdom is part of the £100 million stolen fund by the former Delta State governor which he said judicial processes are still ongoing for the remains of the loot to be recovered and returned to Nigeria.
He also said the right Federal government have over the money is that it was federal law that was breached and not sub national.
He emphasized that Federal government is the victim of the looted fund simply because it was its law that was breached and if Delta state will benefit from the recovered loot is at the description of the local law.
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