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We don’t have exact figures of looted funds abroad, AGF

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We don’t have exact figures of looted funds abroad, AGF

Unread postby Wsj » Sat Oct 15, 2016 7:53 am

The Attorney General of the Federation and Minister of Justice, Abubakar Malami, yesterday admitted that the exact figures of looted funds outside the country may be difficult to ascertain.
The Minister, who gave the indication yesterday at a media roundtable on Open Government Partnership (OGP), blamed the situation on the complexity and dynamics of legislations, culture and policies of various countries regarding the repatriation of the funds.

The minister, while responding to questions on the exact amount of the looted funds Nigeria was working to repatriate said it would be impossible to give a clear figure against the background of complexity, differences of rules, approach and processes, at international communities.

Malami however hinted that the government was not resting on its oars as it continued to synergize with foreign governments and their anti-corruption agencies to ensure that the funds are returned.
He added that the OGP to which Nigeria became a signatory last July would enhance the nation’s drive in this regard.
He disclosed that in order to achieve this, he has given approval for the establishment of a functional project office in the Ministry of Justice, specifically designated to foster partnership and collaboration with stakeholders who want to know what the government is doing.

On the complaint that assets declared by public officers at the Code of Conduct Bureau are not made public, the Minister urged Nigerians to make use of the Freedom of Information Act, which enables Nigerians to freely access information from any agency of the government.

Abubakar-Malami (2).jpg
Minister of Justice, Abubakar Malami

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