Federal Government to sign pact on looted assets, as Malami departs for U.S.

Attorney-General of the Federation and Minister of Justice, Abubakar Malami, SAN has on Sunday departed Nigeria to attend a three-day meeting of the United States-Nigeria Bi-national Commission in Washington DC.

This is contained in a statement issued by Dr. Umar Jibrilu Gwandu, Special Assistant on Media and Public Relations Office of the Attorney-General and Minister of Justice issued to newsmen in Abuja on Sunday 2nd February, 2020.

At the meeting, the Honourable Attorney-General of the Federation and Minister of Justice is expected to, on behalf of the Federal Republic of Nigeria, sign a tripartite agreement with Nigeria, the Island of New Jersey and the United States of America for repatriation of $321m looted assets, as part of the Federal Government’s efforts to recover more stolen funds
stashed abroad.

The statement said the meeting is an annual event between Nigeria and United States of America aimed at reviewing bilateral relationship and
taking necessary steps to advance mutual interest in all diplomatic areas among the two countries.

According to the Minister, the meeting is not an an adhoc event for addressing impromptu concerns, but a friendly bi-national meeting that
holds annually devoid of intervening concerns or relating to the internal
affairs of the participating states.

In addition to the Attorney-General of the Federation and Minister of Justice; Abubakar Malami, SAN the Nigerian government delegation expected to be part of the meeting included Minister of Industry, Trade and Investment Otunba Adeniyi Adebayo, Minister of Defence, Maj. Gen. Bashir Magashi (retd), Minister of Foreign Affairs; Geoffrey Onyeama, National Security Adviser; Major General Babagana Monguno (rtd) as
well as Minister of Humanitarian Affairs, Disaster Management and Social Development; Sadiya Umar Faruk.

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Signed
Dr. Umar Jibrilu Gwandu
(SA Media and Public Relations
Office of the Attorney-General and Minister of Justice)
2nd February, 2020

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