JUST IN: Nigeria receives N2.1 billion Ibori loot from UK
The Federal Government says it has received the £4.2m funds looted by the former governor of Delta State James Ibori.
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Speaking in a statement on Tuesday, May 18, Minister of Justice, Abubakar Malami, said that a total of £4,214,017.66 of the loot associated with the family members of former Delta state governor has been received.
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According to the statement, the amount was credited into the designated Nigerian Government account with naira equivalent value of the amount as at May 10,2021.
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Malami had in March signed Memorandum of Understanding for the repatriation of the Ibori loot on behalf of the Federal Government of Nigeria.