Stolen Assets: FG Signs MoU With British Govt. On Modalities For Return |PoliFocus

The Federal Government has signed a Memorandum of Understanding (MoU) with the British Government on the modalities for the return of Nigerian stolen assets.


The Attorney-General of the Federation, Abubakar Malami, signed on behalf of the Federal Government in Abuja.

Malami said that the MoU reflected the desire and willingness of both countries to continue cooperation and mutual support, adding that, this was in the responsible and transparent return of all recovered assets.

He outlined the objectives of the MoU to include the fact that the processes of returning stolen assets was a partnership recognising the interest of both countries andbased on mutual understanding, confidence and trust.

He gave the assurance to the international community that all funds recovered would bejudiciously utilised for projects that would benefit the poorest segment of the Nigerian society.

Earlier, leader of the UK delegation, British Minister of State for Immigration, Robert Goodwill, said that the MoU provided the mechanism by which monies could be returned. He noted that there was no safe place for stolen assets in the UK.

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