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Nigerian Government Seeks To Recover £200million Stolen Funds From US

September 22, 2021

The Attorney-General of the Federation and Minister of Justice, Abubakar Malami, stated this while speaking on the sidelines of the United Nations General Assembly in New York, according to the News Agency of Nigeria.

The Nigerian government has revealed its plan to it recover over 200 million pounds stashed in the United States, as it begins a rigorous retrieval of assets belonging to the country.

The Attorney-General of the Federation and Minister of Justice, Abubakar Malami, stated this while speaking on the sidelines of the United Nations General Assembly in New York, according to the News Agency of Nigeria. 

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Speaking on the fight against corruption and illicit financial flow in the country, he said, “We are looking at the possibility of recovering further 200 million pounds among others but then, that does not mean there are not other associated assets being pursued in other countries of the world such as Ireland.

“We are pursuing a lot of assets across the globe and then we intend to coordinate further meetings relating to recovery in the United Kingdom which is associated with certain personalities.” 

The AGF said he would not like to further disclose the techniques which the President Muhammadu Buhari government would use in making the recovery, but stated that the “government is trying to gather international momentum associated with the processes and procedures, in terms of making things easier for countries to recover assets with ease."

He added that the government was committed to its anti-corruption campaign and by extension, spreading its tentacles to those who were in the custody of laundered or stolen funds.