FG vows to prosecute those linked with $9bn UK judgement
- All those linked with $9 billion UK judgement will be prosecuted, the federal government has said
- The minister of justice and attorney general of the federation, Abuabkar Malami, made this known on Thursday, August 22
- Malami said the contract of certain categories would be vetted by the Ministry of Justice before it is signed by any federal government agency
The Nigerian government has said it would prosecute everyone linked with the contract that resulted in the judgment of the United Kingdom business and property courts, which awarded $9bn against the country and in favour of a private firm, Process and Industrial Developments limited.
The Nation reports that the minister of justice and attorney general of the federation, Abubakar Malami, disclosed this on Thursday, August 22, while unveiling his agenda on his first day of resumption at the federal Ministry of Justice.
Legit.ng gathered that Malami, who questioned the sincerity of those behind the contract awarded in 2010, argued that it formed part of the inglorious legacies of past administrations, which the current government is being made to grapple with.
He said the contract of certain categories would be vetted by the Ministry of Justice before it is signed by any federal government agency.
Malami, also expressed worry about the impact of public corruption and the connivance of financial institutions in the thriving crime of illicit finance flow out of the country. He said the financial institutions linked with financial crimes would be prosecuted along with the culprits.
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Meanwhile, Legit.ng had previously reported that a former chairman of the Independent National Electoral Commission, Maurice Iwu, was on Thursday, August 8, arraigned by the Economic and Financial Crimes Commission before a Federal High Court in Lagos over N1.2 billion fraud.
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Source: Legit.ng
