FG Expecting $200m From Netherlands, Switzerland – Malami

The Federal Government says Nigeria is awaiting the return of $200million from the Netherlands and Switzerland.

According to the Attorney General of the Federation and Minister of Justice, Mr Abubakar Malami, the money is part of proceeds from the Oil Prospecting Licence (OPL) 245 Malabu oil deal.

Mr Malami disclosed this on Tuesday at a one-day capacity building workshop organised for judiciary correspondents in Abuja, the nation’s capital.

At the event, he presented a scorecard of the Ministry of Justice in the last one year during which he outlined the efforts of the present administration in the war against corruption.

“On the fight against corruption and associated recovery of looted and illicit assets, I am happy to inform you that within the period in contention, Nigeria succeeded in recovering $311 billion from U.S. and New Jersey and the money has been repatriated to Nigeria,” Malami said.