The Nigeria Government on Tuesday ruled-out the possibility of returning the 4.2 million pounds loot recovered from a former governor of Delta State, James Ibori and his associates will not return to the coffers of the State.
The Attorney-General of the Federation (AGF) and Minister of Justice, Abubakar Malami (SAN) said this on Channels Television programme, tagged, “Politics Today evening.
He declared that the money recovered from the former governor will be used for federal projects.
The Minister, had earlier signed an agreement with the British High Commissioner to Nigeria, Catriona Laing, for the return of the £4.2 million recovered from Ibori and his friends by the United Kingdom government.
The fund, expected to arrive in the Nigeria within two weeks, according to the Minister, and would be used for the construction of the second Niger Bridge, Abuja-Kano road, and Lagos-Ibadan Express Way.
According to the Minister, “The major consideration relating to who is entitled to a fraction or perhaps the money in its entirety is a function of law and international diplomacy”.
He argued that the law that was alleged to have been breached by Ibori was a federal law and that the parties of interests involved in the repatriation of the funds were national and not sub-national governments.
“All the processes associated with the recovery were consummated by the federal government and the federal government is, indeed, the victim of crime and not sub-national,” he said.
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