News
BREAKING : James Ibori’s £4.2m Loot To Be Returned To Nigeria
Uk government has agreed to return £4.2m Ibori loot back to Nigeria.
The British government has resolved to return to Nigeria £4.2million being part of the funds so far recovered from friends and family members of former Delta Governor, James Ibori.
The British High Commission to Nigeria, Ms. Catriona Laing, who disclosed this on Tuesday in Abuja, said this was the first tranche of such planned returns.
Laing said what is currently being returned were retrieved from friends and family members of Ibori.
She noted the Ibori case is complicated and the United Kingdom authorities were still working on the total actual amount involved in the case.
Laing, who spoke at a ceremony for the signing of a memorandum of understanding (MOU) between both countries in Abuja, assured more of such recoveries from the Ibori case would be returned to Nigria in due course.
Nigeria’s Attorney General and Minister of Justice, Abubakar Malami, who signed for the country, disclosed that President Muhammadu Buhari has directed the returned loots be deployed to completion of the second Niger Bridge, the Lagos to Ibadan express way and the Abuja to Kano express way projects.
Details shortly…
- News11 hours ago
Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 28th March 2024
- Top Stories12 hours ago
Breaking: INEC disowns Labour Party convention ,gives reason
- Top Stories7 hours ago
Breaking: FCT Court Discharges, Acquits Adoke In OPL 245 Trial
- Top Stories13 hours ago
Tinubu’s Aide Takes Dig At Buhari Over Treatment Of Fallen Soldiers
- Top Stories12 hours ago
BREAKING: Court Directs Military To Release 313 Suspects Linked To Terrorism
- News7 hours ago
Breaking: Binance Executive Sues NSA, EFCC
- Politics3 hours ago
Tinubu @72: Photos As Lagos Lawmakers Honour Nigeria’s President
- News12 hours ago
Breaking: Tinubu Directs Single-digit Tax System, Halts Taxes Increase