Looted Money: Nigeria To Recover $200m Hidden Overseas — Justice Minister

The Federal government is set to make additional recovery of 200 million dollars being part of public funds looted and stashed outside the country.

Attorney General of the Federation and Minister of Justice Abubakar Malami, SAN explained that the return of the fund was subject to the settlement of proceedings that the Federal Ministry of Justice was currently attending to.

The Minister spoke at the 2021 annual public lecture organized by the Centre for Media and Peace Initiative, New York, United States of America.

Malami in a statement by his Special Assistant on Media and Public Relations Umar Gwandu insisted that outstanding successes recorded by President Muhammadu Buhari in international asset recovery, could be a template for other African countries in the fight against corruption.

He added that President Buhari, being an Africa Union Champion in the fight against corruption, has endeavoured under his leadership to fight corruption in all its ramified manifestations through legislative framework, institutional infrastructure, the adoption of effective preventive measures against corruption and putting in place mechanisms for management of recovered stolen assets.