Nigerian government receives €4.2m Ibori loot

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.

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The Nigerian government has received the sum of GBP 4,214,017.66 of the loot associated with the family members of former Delta State Governor, James Ibori, Abubakar Malami, SAN, Attorney-General of the Federation and Minister of Justice confirmed to pressmen.

Malami made the confirmation in a statement credited to Dr. Umar Jibrilu Gwandu, Special Assistant on Media and Public Relations, Office of the Attorney-General of the Federation and Minister of Justice.

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.

The AGF had signed a Memorandum of Understanding for the repatriation of the Ibori loot on behalf of the Federal Government of Nigeria.

He called the development a demonstration of the recognition of reputation Nigeria earns through records of management of recovered stolen Nigerian stolen in the execution of public oriented projects.

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