Ade Adesomoju, Abuja The Attorney General of the Federation and Minister of Justice, Mr Abubakar Malami , said on Tuesday that the latest recovered tranche of the funds looted by the late Head of Sta
te, Gen. Sani Abacha, has yet to be repatriated to Nigeria.
The minister had on February 4, 2020, on behalf of the Federal Government, signed a tripartite agreement between the United States of America and the Island of New Jersey for the repatriation of $300m of the Abacha loot.report of a claim by the United States of America that the Federal Government led by the President, Major General Muhammadu Buhari , was planning to hand over about $100m out of the Abacha loot to Governor Abubakar Bagudu of Kebbi State.
But Malami said on Tuesday that the loot expected from the US and the Island of New Jessy had “yet to be received by the government”.“So, the issue regarding embezzlement or misappropriation of same is an imaginary illusion which does not even arise as the money has not yet been repatriated to Nigeria,” he stated.
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