Nigeria’s Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), said the Federal Government was expecting the repatriation of over £100 million (N527bn), allegedly stolen by a former Governor of Delta State, James Ibori, and his associates. Malami added that $100 million traced to the late Head of …
Read More »FG Engages CSO to Monitor Implementation of $311m Recovered Fund
The Federal Executive Council on Wednesday approved the engagement of a Civil Society Organisation, CSO, for monitoring the implementation of over $311million recovered in February 2020. This is contained in a statement by Dr. Umar Jibrilu Gwandu, Special Assistant on Media and Public Relations, Office of the Attorney-General of the …
Read More »Adebayo, Malami To Appear Before Reps Over AfCFTA
The House of Representatives has resolved to invite the Ministers of Justice, Abubakar Malami, Foreign Affairs, Geoffrey Onyeama as well as Industry, Trade and Investment, Otunba Adeniyi Adebayo to brief the House on the implications of the agreement establishing the African Continental Free Trade Area (AFCFTA). This was sequel to a …
Read More »U.S. Tribunal Orders Oil Firm to Pay Nigeria $660,000
The Minister of Justice, Abubakar Malami, on Wednesday, welcomed the judgment of a U.S.-based tribunal, which ordered InterOcean Oil Company to pay the federal government 660,129 dollars as reimbursement of its share of the arbitration costs. The News Agency of Nigeria (NAN) reports that the U.S.-Based International Centre for Settlement …
Read More »Nigeria Establishes New Agency to Manage Recovered Assets
The Federal Executive Council, FEC, on Wednesday approved the establishment of a new agency named “The Proceeds of Crime Recovery and Management Agency.” The Economic and Financial Crimes Commission, EFCC, which is the flagship anti-corruption agency in the country, manages and sell assets recovery. Minister of Justice and Attorney General …
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