Stolen Funds: FG Moves To Recover £200m Stashed In The United States

 Stolen Funds: FG Moves To Recover £200m Stashed In The United States

As part of efforts towards recovering assets belonging to the Federation, the Federal Government has said it will recover 200 million Pounds stashed in the United States.

The Attorney-General of the Federation (AGF), Abubakar Malami, made this known while speaking on the sideline of the United Nations General Assembly in New York.

The AGF noted that a lot of assets across the globe are being pursued and as such, there are plans to coordinate further meetings relating to recovery in the United Kingdom which is associated with certain personalities.

Although, Malami said that he would not like to further disclose the strategy the federal government will use in making the recovery, but that the “government is trying to gather international momentum associated with the processes and procedures, in terms of making things easier for countries to recover assets with ease”.

He added that the government is fully committed to its anti-corruption campaign and by extension spreading its dragnet to those who are in the custody of laundered or stolen funds.

MosinmiladeOluwa Soremekun

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