Skip to content
August 19, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • Ibori: FG expects £4.2m loot from UK govt soon – Malami
  • National News

Ibori: FG expects £4.2m loot from UK govt soon – Malami

Admin May 3, 2021
committee investigating

Chief James Ibori

May 3, 2021
The Attorney General of the Federation and Minister of Justice, Abubakar Malami on Monday said any moment from now, Nigeria expects the return of £4.2million seized from the associates of convicted former Governor of Delta State, James Ibori.

The AGF also said the Federal Government of Nigeria is working tirelessly to ensure the return of looted Nigerian assets kept outside the country’s territorial boundaries.

This is made known by Umar Gwandu, Special Assistant on Media and Public Relations, Office of the Attorney-General of the Federation, and Minister of Justice on Monday in Abuja.

The statement noted that sometimes when a country transfers funds, it may take a little bit time more than expected due to some documentation.

He said the Office of the Attorney-General of the Federation and Minister of Justice and other relevant government agencies will keep the general public informed once the Ibori loot are received and confirmed.

He also added that the Federal Government of Nigeria is in touch with the government of the United Kingdom on the matter.

“Documentations with the banks in different countries often take longer than anticipated. We anticipated two weeks but we are not in control of the banks.

“There is neither complacency nor any delay as efforts are being made to ensure successful transfer of the looted funds,” he said.

He noted that the Federal Government is working assiduously to make sure that the transfer goes through successfully.

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: abubakar malami AGF james ibori Umar Gwandu

Post navigation

Previous FG approves establishment of NCCSALW
Next Press freedom as public good, by Ken Ugbechie

Related Stories

South African envoy dismisses reports of visa restrictions on Nigerians
  • National News

South African envoy dismisses reports of visa restrictions on Nigerians

August 19, 2026
ICPC tracks 14 projects worth N431.8m in Sokoto ICPC
  • National News

ICPC tracks 14 projects worth N431.8m in Sokoto

August 19, 2026
Police Repels Bandit Attack, Rescue Kidnap Victims, Recover Weapons in Nationwide Offensive  Ekiti abductors
  • National News

Police Repels Bandit Attack, Rescue Kidnap Victims, Recover Weapons in Nationwide Offensive 

August 19, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

South African envoy dismisses reports of visa restrictions on Nigerians
  • National News

South African envoy dismisses reports of visa restrictions on Nigerians

August 19, 2026
ICPC tracks 14 projects worth N431.8m in Sokoto ICPC
  • National News

ICPC tracks 14 projects worth N431.8m in Sokoto

August 19, 2026
Police Repels Bandit Attack, Rescue Kidnap Victims, Recover Weapons in Nationwide Offensive  Ekiti abductors
  • National News

Police Repels Bandit Attack, Rescue Kidnap Victims, Recover Weapons in Nationwide Offensive 

August 19, 2026
Alleged Criminal Conversion: EFCC Recovers N4.4bn Worth of AGO in Lagos Scammers
  • National News

Alleged Criminal Conversion: EFCC Recovers N4.4bn Worth of AGO in Lagos

August 19, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.