News
UK Repatriates £70m To Nigeria, Pledges To Return More Loot

The United Kingdom has returned the sum of £70 million recovered from a Nigerian who was convicted of fraud in an Italian court.
British High Commissioner to Nigeria, Mr Paul Arkwright, revealed this while addressing reporters in Abuja, the nation’s capital.
He said, “There was an Italian court case with a particular person involved. A portion the fund has been in the UK and that was the portion that was returned recently from the UK to Nigeria. So, it’s in that context that the 70 million (pounds) was returned.”
Mr Arkwright, however, refused to disclose the identity of the Nigerian involved in the offence.
He said more funds would be repatriated, stressing that his country was working with the Nigerian government to accelerate the legal process of returning the looted money.
“The British government has no intention of keeping one kobo of Nigerian funds in the UK,” said the diplomat. “It all must come back to Nigeria.”
He added, “Just as in Nigeria, the UK feels that the judicial process is important, and we have to go through those processes before the money can be returned.”
Arkwright also confirmed that British Prime Minister Theresa May will visit Nigeria as part of her visit to Africa.
May is expected in Nigeria on Wednesday.
-
Society News4 years ago
EXCLUSIVE: The Complete Story of Dolapo Awosika, John Fashanu and Prophet Kasali Sex Mess
-
Society News2 years ago
Jamaican man beheads wife after finding out their 6 kids are not his
-
News6 months ago
Breaking: Ex-Police IG, Tafa Balogun Dies
-
News3 years ago
BREAKING: Ajimobi’s daughter-in-law blast Gov. Makinde, says gov can’t surpass ex-Oyo gov
-
News3 years ago
Pastor Osagie Ize-Iyamu, His Membership Of Secret Cult, And Other Issues Touching On His Public Credentials Examined by Barr. PATRICK I. BIOSE
-
News2 years ago
BREAKING: Police take over Edo House of Assembly as APC, Oshiomhole move to seize control
-
News3 years ago
BREAKING: 2 arrested as NAF begins investigations into Tolulope’s death
-
Crime3 years ago
Exclusive: Female Aide Fingered In Oko Oloyun’s Murder + Banking Transactions That Nailed Husband
You must be logged in to post a comment Login