FG has recovered over $700m in four years, says Malami

Abubakar Malami, attorney-general of the federation and minister of justice, says the federal government has recovered over $700 million looted funds in the past four years.

He said this on Tuesday at the international conference on illicit financial flows (IFFs) and asset recovery organised by the Independent Corrupt Practices and Other Related Offences Commission (ICPC).

Malami said developing countries in Africa lose over $148 billion to corruption annually partly due to IFFs.

“Nigeria, through proactive and collaborative efforts with other countries, has recovered and…