Ade Adesomoju, Abuja The Attorney-General of the Federation and Minister of Justice, Abubakar Malamu , said on Saturday that the repatriated funds looted by the late Head of State, Gen.
Sani Abacha, would be used for the development of critical infrastructure in the country.
He also disclosed that Nigeria was also cooperating with the United States in the recovery of several other assets “including corruption proceeds linked to former Petroleum Minister Deziani Alison-Madueke and her associates, and former State Governor James Ibori as well as several others.” The Department of Justice made the claim in court papers filed before the District Court for the District of Columbia in Washington, according to Bloomberg’s reports.
However, before he was handed over for criminal trial in Jersey, he was said to have quickly agreed to return $163m to Nigeria and was released on bond to Nigeria where he was meant to be prosecuted for money laundering. He described as “mischievous and pedestrian for anyone to seek to turn the law and the facts on its head on the matter of repatriation whose terms are clearly spelt out and agreed among the parties.”
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