The Attorney-General of the Federation and Minister of Justice, Abubakar Malami, on Thursday said the Federal Government recovered over N3.2bn (£6,324,627.66) of stolen monies from various jurisdictions globally from March 2021 to May 2022.
He stated this while featuring at the 46th Session of the State House briefing organised by the Presidential Communications Team at the Presidential Villa, Abuja.
According to Malami, the recovered foreign loots had since been disbursed into key infrastructure projects nationwide, including the Second Niger Bridge, Abuja-Kano Road and the Lagos-Ibadan expressway.
He further said that the Federal Government raised N1.82bn from the sale of bid forms and actual sale of forfeited properties in the first 18 months of the Muhammadu Buhari administration.
He said that the Justice Ministry had backed the federal government in various infrastructure funding agreements, regretting that Nigeria currently faces a N329bn funding gap.
Malami added that an inter-ministerial committee on the audit and recovery of back years on stamp duty had so far recovered N596,055,479.47.