US returns $52.88m Diezani Alison-Madueke’s loot to Nigeria

The Federal Government has received $52.88 million in  assets recovered from the United States of  America linked to former petroleum minister, Diezani Alison-Madueke.
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The Attorney General of the Federation and Minister of Justice, Lateef Fagbemi,  made this  known at the  official signing ceremony of the  Nigeria-US Assets Agreement in Abuja on Friday.
In his  speech, Fagbemi, according to  Canali TV reports, explained that $50 million of the recovered assets  will be  distributed through the World Bank for the development of rural electrification projects, while the remaining $2 million  will be used by the International Institute of  Justice. to expand the justice system and  fight corruption.
He also described the event as a  milestone by President Bola Tinubu in  the fight against corruption.
Meanwhile, the United States Ambassador to Nigeria, Richard Mills, in his  speech called for effective  tracking and  use of  assets recovered by the  Department of Justice to ensure  that they benefit  Nigerians.

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