The Nigerian Government has disclosed that it is signing another fresh agreement with the Government of the United States of America, USA, for return of more loots by former military Head of State, General Sani Abacha.
The current loot to be repatriated sums up to about $23, 439, 724.
During the ceremonial signing which took place on Tuesday, Nigeria was represented by the Attorney-General of the Federation and Minister of Justice, Mr. Abubakar Malami, SAN while the US Ambassador to Nigeria, Mary Beth Leonard represented her country.
Truthlive.net gathered that the signing took place at the Federal Ministry of Justice Headquarters in Abuja.
According to Malami, “the decision to return the stolen loot tagged: Abacha-5, is as a result of series of negotiations and meetings between Nigeria, the US Department of Justice and the UK National Crime Agency, NCA.
“It is worthy to note that in line with the terms of this Agreement, Mr. President had already approved the funds to be utilized for the ongoing Presidential Development Infrastructural Funds, PIDF, projects namely; Abuja-Kano Road, Lagos-Ibadan Express Way and the Second Niger Bridge under the supervision of Nigerian Sovereign Investment Authority, NSIA.”
“The President’s mandate to my office is to ensure that all international recoveries are transparently invested and monitored by civil society organization to compete these three projects within the agreed timeline,” he added.
More to follow…