• Friday, May 03, 2024
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$321m looted fund: FG signs tripartite pact with U.S., New Jersey for repatriation

Attorney-General of the Federation and Minister of Justice (AGF), Ababukar Malami

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

At the meeting, the AGF 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 for repatriation of $321m looted assets, as part of the Federal Government’s efforts to recover more stolen funds stashed abroad.

In a statement on Sunday by spokesman to Malami, Umar Gwandu, the meeting is an annual event between Nigeria and the United States of America aimed at reviewing bilateral relationship and taking necessary steps to advance mutual interest in all diplomatic areas among the two countries.

The meeting is not an adhoc event for addressing impromptu concerns, but a friendly bi-national meeting that holds annually devoid of intervening concerns or relating to the internal affairs of the participating states, said the statement.

Among Nigerian government delegation expected to be part of the meeting included Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo, Minister of Defence, Maj. Gen. Bashir Magashi (retd), Minister of Foreign Affairs; Geoffrey Onyeama, National Security Adviser; Major General Babagana Monguno (rtd) as well as Minister of Humanitarian Affairs, Disaster Management and Social Development; Sadiya Umar Faruk.

 

Felix Omohomhion, Abuja