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We’ve Seized N45 Billion Looted Funds, Identified Terrorist Financiers, Says FG

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9News Nigeria

Lateef Fagbemi, Attorney-General of the Federation and Minister of Justice
The Federal Government, on Thursday, said it has seized over N45 billion that was illegally looted from the national treasury.

It further disclosed that several individuals and entities linked to terrorist activities have been identified and designated, with funds traced to them also confiscated.

The Attorney-General of the Federation and Minister of Justice, Mr. Lateef Fagbemi, SAN, disclosed his opening address at the 40th Technical Commission/Plenary Meeting of the Inter-Governmental Action Group Against Money Laundering in West Africa, GIABA, held at the State House, Abuja.

GIABA is a specialized institution of the Economic Community of West African States, ECOWAS, responsible for facilitating the adoption and implementation of Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT) strategies in West Africa.

9News Nigeria


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