By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
NewsunplugNewsunplugNewsunplug
  • Home
  • News
  • Politics
  • Metro
  • Entertainment
  • Sports
  • Lifestyle
  • Journal
Reading: FG recovers £6.3m, €5.4m and $390,000 of its assets in foreign countries
Share
Notification Show More
Font ResizerAa
Font ResizerAa
NewsunplugNewsunplug
  • Home
  • News
  • Politics
  • Metro
  • Entertainment
  • Sports
  • Lifestyle
  • Journal
Search
  • Home
  • News
  • Politics
  • Metro
  • Entertainment
  • Sports
  • Lifestyle
  • Journal
Have an existing account? Sign In
Follow US
Newsunplug > Blog > News > FG recovers £6.3m, €5.4m and $390,000 of its assets in foreign countries
News

FG recovers £6.3m, €5.4m and $390,000 of its assets in foreign countries

Godson
Last updated: January 12, 2023 4:10 pm
Godson
Published: January 12, 2023
Share
SHARE

The Attorney General of the Federation (AGF) and Minister of Justice, Abubakar Malami has said that Nigeria recovered £6.3m, €5.4, and $390,000 of its assets stowed by corrupt government officials in foreign accounts.

Malami made this known on Thursday, Jan. 12, during a ministerial scorecard of the Justice Sector from 2015 till date.

He said: “In compliance with presidential mandates and foreign judicial processes, the Ministry has recovered total sums of £6,324,627.66 (Six Million, Three Hundred & Twenty-Four Thousand, Six Hundred & Twenty Seven Pounds, Sixty-Six Pence); €5,494,743.71 (Five Million, Four Hundred and Ninety-Four thousand, Seven Hundred and Forty-Three Euro, Seventy-One Cents); and $390,000,000 (Three Hundred and Ninety Million dollars) from various jurisdictions.

“Some of the recovered funds are being utilized in the financing of critical infrastructure including Abuja – Kano Expressway, Second Niger Bridge, and Lagos – Ibadan Expressway.”

The minister also said the Buhari administration realised a sum of N1.8bn locally from the sale of forfeited assets between 2015 till date.

“A total sum of N1,823,788,146.86 (One Billion, Eight Hundred and Twenty Three Million, Seven Hundred & Eighty-Eight Thousand, One Hundred and Forty-Six Thousand naira, Eighty-Six kobo) has been generated so far by the Ministry, from the forfeited properties,” he said.

 

You Might Also Like

Tribunal Judgement: Our Faith In The Judiciary Unshaken, Says NNPP
I never wanted to become vice president, says Jonathan
Omo-Agege Lured Emefiele To Work Against Tinubu, Party Chieftains Reveal
I can’t donate my kidney, liver to be loyal to anybody – Fubara replies Wike
Ebonyi PDP chairman endorses APC Gov candidate

Quick Link

  • My Bookmark
  • Interests
  • Contact Us
  • Blog Index
Share This Article
Facebook Twitter Email Print
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • US says Green Card holders with criminal history face revocation and deportation
  • #Transfer: Osimhen delaying Morata’s departure from Galatasaray
  • Lord Mayor hosts Celtic FC players ahead of Super Cup game with Cork City
  • Actress Iyabo Ojo’s office gutted by fire (video)
  • Nicki Minaj reacts as judge rules harassment lawsuit against Megan Thee Stallion will proceed

Recent Comments

No comments to show.

Categories

  • ES Money
  • U.K News
  • The Escapist
  • Insider
  • Science
  • Technology
  • LifeStyle
  • Marketing

About US

We influence 20 million users and is the number one business and technology news network on the planet.
Quick Link
  • My Bookmark
  • Interests
  • Contact Us
  • Blog Index
Top Categories
  • My Bookmark
  • Interests
  • Contact Us
  • Blog Index

Subscribe US

Subscribe to our newsletter to get our newest articles instantly!

[mc4wp_form]

Top Categories

  • Entertainment

Categories

  • ES Money
  • U.K News
  • The Escapist
  • Insider
  • Science
  • Technology
  • LifeStyle
  • Marketing

About US

We influence 20 million users and is the number one business and technology news network on the planet.
Quick Link
  • My Bookmark
  • Interests
  • Contact Us
  • Blog Index
Top Categories
  • My Bookmark
  • Interests
  • Contact Us
  • Blog Index

Subscribe US

Subscribe to our newsletter to get our newest articles instantly!

[mc4wp_form]
© 2023 Newsunplug | All Rights Reserved.
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?