Nigeria, US To Sign Agreement To Repatriate $321m Looted Funds

 

 

President Buhari and Donald Trump
President Buhari and Donald Trump

The Attorney-General of the Federation (AGF) and Minister of Justice, Abubakar Malami, SAN has departed Nigeria to the United States-Nigeria Bi-national Commission in Washington DC.

Umar Gwandu, the Special Assistant on Media and Public Relations in the Office of the Minister made this known in a statement on Sunday.

The Minister is expected to, on behalf of the Federal Republic of Nigeria, sign a tripartite agreement with Nigeria, the Island of New Jersey and the United States of America at the 3-day meeting to repatriate 321m US dollars looted assets.

This is as part of the Federal Government’s efforts to recover more stolen funds stashed abroad.

Read Also: Abacha Loot: FG Disburses N24m To Abuja Community

He said, “The meeting is not an ad hoc event for addressing impromptu concerns, but a friendly binational meeting that holds annually devoid of intervening concerns or relating to the internal affairs of the participating states.

“Some other Nigerian government delegates expected to be part of the meeting include: the Minister of Industry, Trade and Investment Otunba Adeniyi Adebayo, Minister of Defence, Maj.-Gen. Bashir Magashi (rtd), and Minister of Foreign Affairs, Geoffrey Onyeama.

“Others are National Security Adviser, Maj.-Gen. Babagana Monguno (rtd) as well as Minister of Humanitarian Affairs, Disaster Management and Social Development; Sadiya Umar Faruk.

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