FG To Sign Pact For Return Of $321m Abacha Loot

 FG To Sign Pact For Return Of $321m Abacha Loot

The Federal Government is set to sign a tripartite pact with the United States of America and the Island of New Jersey for the repatriation of $321m looted by the late former Head of State, Gen. Sani Abacha.

The spokesperson for the Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), Dr. Umar Gwandu, said in a statement on Sunday that the minister would sign the agreement on behalf of the Federal Government in Washington DC this week.

The statement said, “At the meeting, the Honourable Attorney-General of the Federation and Minister of Justice 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.”

According to the statement other members of the Nigerian delegation to the meeting, apart from Malami, are the 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 (retd.),  and Minister of Humanitarian Affairs, Disaster Management and Social Development; Sadiya Umar Faruk.

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