FG Recovers $85m Stolen Money From UK – Malami

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By Aaron Ossai

The Attorney General and Minister of Justice, Alhaji Abubakar Malami has said that a whooping sum of 85 million US Dollars stolen money has been recovered from the United Kingdom, UK.

Malami, who disclosed this at the ongoing consultative meeting on assets recovery in Abuja said the money was part of stolen funds from the controversial Malabu Oil deal.

Speaking further, Malami lamented the negative attitude of some countries that are still holding on to stolen assets from Nigeria.

He said despite several treaties signed with the federal government to facilitate the return of loot, the countries refused to honour the treaties.

It would be recalled that the $1.2 billion allegedly paid to Malabu Oil and Gas for the procurement of one of Nigeria’s richest oil fields, OPL 245 by Shell and Eni, which was then reportedly used to bribe Nigerian politicians and intermediaries who helped to secure the controversial deal has been a hot topic for discussion.

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