During an interactive session with the House of Representatives Committee on Justice, the Attorney-General of the Federation AGF who's also the Minister of Justice, Mr. Abubakar Malami disclosed that it would soon embark on the recovery the "Abacha Loot". He also stated that his ministry is aiming to recover the said funds of £6.9 million misappropriated by James Ibori the former Governor of Delta State.
He said “In respect of of the recovery of looted assets, the ministry will engage in an agree waive policy of using Mutual Legal Assistance Agreements or other bilateral and multilateral instruments to seek cooperation with other jurisdictions to ensure the repatriation of illicitly- acquired assets in foreign jurisdictions. The collaboration will equally involve the engagement of foreign-based counsel to attend to matters on behalf of the Federal Government. Low-hanging fruits being targeted in this initiative include $750 million ‘Abacha loot’ as well as £6.9 million of the ‘Ibori loot’.
He continued 'On the long run, the ministry will coordinate the recovery of billions of dollars in foreign jurisdictions, based on current estimations.
The AGF stated that on the issue of terrorism: "My Ministry is currently processing approximatelt 800 terrorism cases for prosecution".
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