Etim Effiong
The British Government has said it will return £4.2million of former Delta State governor, James Ibori loot to Nigeria as part of the funds recovered from friends and family members of the former governor.
The British High Commission to Nigeria, Ms Catriona Laing, said this in Abuja on Tuesday.
She added that the amount was the first tranche of such planned returns.
According to her, what is being returned was retrieved from friends and family members of Ibori.
She noted that the Ibori case is complicated and the United Kingdom authorities were still working on the actual amount involved in the case.
Laing, who spoke at a ceremony for the signing of a Memorandum of Understanding (MoU) between both countries in Abuja, promised that such recoveries from the Ibori case would be returned to Nigeria soon.
Nigeria’s Attorney General and Minister of Justice, Abubakar Malami, who signed for the country, said President Muhammadu Buhari has directed that the returned loots be deployed to completion of the second Niger Bridge, the Lagos to Ibadan express way and the Abuja to Kano express way projects.