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FG To Recover £200m Stolen Funds Hived In The US, Reiterates Commitment To Anti-Corruption Fight



The Nigerian Federal Government has said it would recover 200 million pounds, stolen and hidden in the United States, as it embarks on a massive recovery of assets belonging to the country.

This was in line with the Attorney-General of the Federation, Abubakar Malami who was speaking on the sidelines of the United Nations General Assembly in New York.

Speaking on the fight against corruption and illicit financial flow in the country, he said, “We are looking at the possibility of recovering further 200m pounds among others but then, that does not mean they are not other associated assets being pursued, in terms of other countries of the world inclusive of Ireland.

“We are pursuing a lot of assets across the globe and then we intend to coordinate further meetings relating to recovery in the United Kingdom which is associated with certain personalities”.


The AGF also said he would not like to further reveal the means with which l the federal government will recover the money.

He stated that “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”.

In addition, he said that the government is fully dedicated to the anti-corruption campaign and by extension spreading its satellite to those who are in possession of the stolen funds.

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