Yesterday, the Federal Government of Nigeria has signed a Memorandum of understanding (MOU) with Switzerland for the return of $321 million looted funds to Nigeria.
On Monday, together with Swiss authorities, Mr Abubakar Malami who is Nigeria’s minister of justice and attorney general signed the MOU in Zurich.
Malami has expressed gratitude for the international support Nigeria was getting in the fight against corruption.
He said: “We will continue to work to deepen mechanisms not just for asset recovery but for preventing corruption in the first place.”
He explained that Nigeria was one of the four countries being prioritized for Asset Recovery assistance at this maiden edition of the Global Forum on Assets Recovery holding in the U.S.
Fighting corruption through institution-building, entrenching safeguards, and global collaboration would continue to be a priority for the administration of President Muhammadu Buhari.