UK set to return stolen funds to Nigeria

 

The Attorney-General of the Federation and Minister of Justice, Abubakar Malami stated over the weekend that the UK government has agreed to return stolen funds to Nigeria.

Speaking after his return from the UK on Saturday after a two day International Anti-Corruption Summit, Malami said the UK had expressed its commitment towards returning the stolen funds.

He said though there was no estimate of how much of the Nigeria’s funds stashed in the UK, but “it has been compiled for certainty.”
Malami said apart from the bilateral meetings which Nigeria had with the UK, there were no other bilateral talks between Nigeria and other nations.
He said, “There was no sideline talks as such, but then there has been a bilateral meeting, other than the conference, in which express commitment has been shown by the leadership of the UK towards the idea of loot recovery.

“The UK has shown extra commitment apart from the resolution that was unanimously passed at the conference. Nigeria was treated as a priority in terms of execution of such commitment,”.
“This is not something that we are exclusively in control of, but honestly there is a great goodwill and great commitment working mutually. So, very soon, Nigeria will start reaping the benefit,” he said.