Diezani
By Publisher
Kindly share:
The United States of America has returned $52.88 million in recovered assets linked to a former Minister of Petroleum, Diezani Alison-Madueke, to the Federal Government.
Lateef Fagbemi, the Attorney-General of the Federation and Minister of Justice, made this known on Friday during the formal signing ceremony of the asset agreement between Nigeria and the United States in Abuja.
According to Channels TV reports, Fagbemi explained that $50 million of the recovered assets would be deployed through the World Bank for the development of rural electrification projects, while the remaining $2 million would be used by the International Institute of Justice to expand the justice system and combat corruption.
Furthermore, the AGF noted that the asset return marks a milestone in the ongoing collaboration between Nigeria and the USA to combat corruption and uphold the rule of law.
He added that the development was a significant step by President Bola Tinubu in dealing corruption.
Richard Mills, the United States Ambassador to Nigeria, in his remarks, called for effective monitoring and utilisation of the recovered assets by the Ministry of Justice to for the good of Nigerians.
