The Nigerian government and the United kingdom has signed an MoU on return of assets in Abuja.
LOOTERS who plan to hide their illicit wealth in Britain will face a hostile host, with the signing yesterday of a pact by the two countries.
Britain will facilitate the return of stolen assets on the condition that:
The Federal Government will ensure that stolen assets recovered from both within and outside the country will be put to judicious uses; and that
such assets will not be re-looted.
Minister of Justice and Attorney General of the Federation (AGF) Abubakar Malami (SAN) signed for Nigeria. Minister of State for Immigration Robert Goodwill signed for Britain. The ceremony was held in Abuja.
The memorandum of understanding is specifically on modalities for the return of stolen assets.
Leader of the UK delegation and UK’s Minister of State for Immigration, Robert Goodwill said the signing of the memorandum was in furtherance of his country’s promise, at the last Anti-Corruption summit held in London in May, to improve the process of the return of looted assets. He said by this gesture, his country’s government was sending a loud message to all that the UK was no longer a safe haven for stolen assets, including looted funds.