By Chioma Iruke
Nigeria’s Attorney General of the Federation and Minister of Justice, Abubakar Malami, has announced that the government is working to recover £200 million of Nigeria’s assets stashed in the United States, as it embarks on a massive recovery of assets.
Malami who disclosed this while speaking on the sidelines of the United Nations General Assembly (UNGA) in New York, also highlighted on Nigeria’s fight against corruption and illicit financial flow, as well as efforts being put in to recover those funds.
“We are looking at the possibility of recovering further 200m pounds among others but then, that does not mean they are not other associated assets being pursued, in terms of other countries of the world inclusive of 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,” he said.
Malami pointed out that he would not like to divulge the strategy the federal government will use in making the recovery, but noted 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 expressed the government’s full commitment to its anti-corruption campaign and by extension, spreading its dragnet to those who are in the custody of laundered or stolen funds.
