Buharis visit already yielding: U.S. to repatriate $500m
News & Trends •
there is political commitment demonstrated by the two presidents1 the visit of president muhammadu buhari to u.s. president donald trump has yielded the finalisation of negotiations to repatriate more than 500 million dollars about 190 billion naira of nigerias looted money traced to the u.s1 malami explained that the technicalities involved were being taken care of by both officials of the nigerian governments and also from the u.s. side1 he said on the part of assets recovery we have made considerable progress through this visit1 theres goodwill by the two presidents to have a road map for the repatriation of illicit funds and assets traced to the u.s. as proceeds of illicit transactions1 this illicit funds and assets are to the tune of 500 million dollars and above for immediate repatriation1 we are looking at the shortest practicable time for it to be repatriated1 nigerias attorney-general and minister of justice abubakar malami told the correspondent of the news agency of nigerianan in washington dc that he and the attorney-general of the u.s. would be meeting on tuesday to finalise the agreement1 the over 500 million dollars is not all the recovery it is only for the immediate repatriation while we continue with our efforts to recover more1 malami defended nigerias human rights record saying the buharis administration is the first in the history of nigeria to pay compensation for human rights violations1 he said in april the federal government paid n135 million for the eight apo traders who were found to have been victims of extra judicial killings by the nigeria police1 of the police officers indicted two were sentenced to death. the payment of compensation was also as a result of the recommendation by the national human rights commission and government did not appeal against it he said1 he noted that trump approved of what buharis administration is doing1 trump said buhari is a great leader he said he has a great respect for him and he said buhari has cut down on corruption malami said1