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World leaders pledge support on return of Nigeria’s looted funds

World leaders have pledged commitment to ensure speedy repatriation of  Nigeria’s looted funds, the Minister of Foreign Affairs, Geoffrey Onyeama, said yesterday. Speaking at a…

World leaders have pledged commitment to ensure speedy repatriation of  Nigeria’s looted funds, the Minister of Foreign Affairs, Geoffrey Onyeama, said yesterday.
Speaking at a post-United Nations General Assembly press briefing in Abuja yesterday, Onyeama reiterated the federal government’s commitment to repatriate looted funds stashed in foreign banks to boost the nation’s economy.
He said the government had identified countries where Nigeria’s funds were stashed.
“A lot of countries where Nigeria’s stolen money were lodged made restitution and are trying to repatriate the money. This makes it much easier when there is political buy-in by leaders of countries where the funds are kept than going through the rigours of legal processes,” he added.
The minister noted that President Muhammadu Buhari held meetings with U.S.
President Barack Obama, UK Prime Minister Theresa May, and President Xi Jinping of China, among others on the repatriation.
He quoted Buhari as saying that he was committed to ensuring prompt and unconditional recovery of the country’s looted funds.
 

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