According to Abubakar Malami, Attorney General of the Federation (AGF) and Minister of Justice, Nigeria has recovered funds stashed abroad by dishonest government officials, including £6.3 million, €5.4 million, and $390,000.
On January 12, during a ministerial scorecard of the Justice Sector from 2015 to the present, Malami made this statement.
According to him, the Ministry has recovered sums totaling $390,000,000 (three hundred and ninety million dollars), £5,494,743.71 (five million, four hundred and ninety-four thousand, seven hundred and forty-three euro, seventy-one cents), and £6,324,627.66 (six million, three hundred and twenty-four thousand, six hundred and twenty-seven pounds, and sixty-six pence) from a variety of jurisdictions.
“Some of the recovered funds are being utilized in the financing of critical infrastructure including Abuja – Kano Expressway, Second Niger Bridge, and Lagos – Ibadan Expressway.”
The minister also said the Buhari administration realised a sum of N1.8bn locally from the sale of forfeited assets between 2015 till date.
“A total sum of N1,823,788,146.86 (One Billion, Eight Hundred and Twenty Three Million, Seven Hundred & Eighty-Eight Thousand, One Hundred and Forty-Six Thousand naira, Eighty-Six kobo) has been generated so far by the Ministry, from the forfeited properties,” he said.