News

U.S. to return $954,807 Alamieyeseigha looted funds to FG

The Federal Government (FG) and the U.S., on Thursday, signed an agreement on the repatriation of $954,807.40 looted assets recovered from former governor of Bayelsa State, Diepreye Alamieyeseigha.

The Attorney-General of the Federation (AGF) and Minister of Justice, Abubakar Malami, who was represented by the Permanent Secretary of the ministry, Beatrice Jedy-Agba, said the agreement was in line with the President Muhammadu Buhari’s anti-corruption war.

Malami said Buhari has already approved the expected sum to be utilised for implementation of a health centre project for the benefit of the people of Bayelsa State.

The AGF stated that the project would be monitored by the Civil Society Organisations and the Federal Government through the Federal Ministry of Justice.

The minister, however, urged the government of the United States to continue to demonstrate the usual cooperation and understanding in other pending cases so that the agreements in relation thereto can be concluded as soon as possible.

READ ALSO: El-Rufai: How CBN, top govt officials deceived Buhari on naira policy

“This will ensure that these funds are repatriated to Nigeria in earnest.

“I wish to state that Nigeria is in dire need of these refunds to support the implementation of more projects for the benefit of Nigeria and its citizens,” Malami said.

He, therefore, expressed his gratitude to the efforts of the government of the U.S. in ensuring that looted funds are returned to Nigeria.

Speaking, the U.S. Ambassador to Nigeria, Mary Leonard, assured of her country’s commitment in collaborating with the Federal Government in the fight against corruption.

The meeting also had the Attorney General of Bayelsa State, Bilya Dambe, SAN, in attendance.

The Star

Segun Ojo

Recent Posts

NDLEA nabs South African lady, recovers drugs at Rivers, Lagos airports

The operatives of the National Drug Law Enforcement Agency (NDLEA) have apprehended a South African…

19 minutes ago

NDLEA re-arrests 83-year-old woman for drug dealing in Abia

The operatives of the National Drug Law Enforcement Agency (NDLEA) have re-arrested 83-year-old woman Uloma…

49 minutes ago

2027: Don’t waste money on court cases, Shehu Sani tells omitted candidates

Former Kaduna Central Senator, Shehu Sani, has urged candidates omitted from the Independent National Electoral…

2 hours ago

SERAP sues CBN over $6.23m election funds, N1.63trn

The Socio-Economic Rights and Accountability Project (SERAP) has sued the Central Bank of Nigeria (CBN),…

3 hours ago

Real Madrid beat Villarreal as Vinicius bags red card for pulling player’s hair

Yan Diomande earned Real Madrid a tight 1-0 victory over Villarreal on Saturday to keep…

5 hours ago

Messi nets brace to win in first Inter Miami match after Argentina exit

Argentine superstar Lionel Messi scored twice to help Inter Miami rout DC United 4-0 on…

5 hours ago

This website uses cookies.