The Federal Government has disclosed how preventive measures adopted to check corruption and manage recovered stolen assets had brought about the repatriation of some stolen funds stashed away overseas.
These funds included $322.52m from Switzerland, $311.7m from the United States, €5.4m from Northern Island, and €4,214,017.66 and $200m from the United Kingdom.
According to a statement issued from the office of the Attorney General of the Federation, Abubakar Malami, being an Africa Union Champion in the fight against corruption, the President, Muhammadu Buhari, has endeavored to fight corruption in all its ramifications through the legislative framework.
He said notable feats achieved by the Nigerian government in international asset recovery could be a template for other African countries in the fight against graft.
His words, “Various steps have been taken in terms of legislative frameworks, the establishment of institutions and policy measures targeted at combating corruption, regional cooperation and ensuring good governance for the benefit of citizens.
“In 2017, the signing of a trilateral agreement with Switzerland and World Bank enabled the recovery of $322.515m.
“In 2020, a total sum of $311.7m was returned to Nigeria after signing another trilateral agreement with the U.S.A and Bailiwick of Jersey.
“Also in the year 2020, 5.4 million Euros was recovered in March emanating from an agreement signed with Northern Island.
“The Federal Government was able to recover from the UK the sum of €4,214,017.66 connected to the family of James Ibori.”
Malami said the present government was able to achieve the successes due to the political will, funding, legislations, institutional support, and Executive Orders of Buhari.
