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UK to return £4.2m Ibori loot to Nigeria

NEWSMAN, Abuja – 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 State Governor, James Ibori.

In a statement by the British High Commission to Nigeria, Ms. Catriona Laing, at a ceremony for the signing of a memorandum of understanding (MOU) between both countries in Abuja, on Tuesday assured more of such recoveries from the Ibori case would be returned to Nigria in due course.

She disclosed that this was the first tranche of such planned returns.

Laing noted that what is currently being returned were retrieved from friends and family members of Ibori.

She further revealed that Ibori case is complicated and the United Kingdom authorities were still working on the total actual amount involved in the case, The Nation reported.

The 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. 

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