Policy paper

Return of stolen assets confiscated by the UK: agreement between the UK and Nigeria

This agreement between the governments of the UK and Nigeria facilitates the return of stolen funds recovered by UK agencies back to Nigeria.

• From: Foreign, Commonwealth & Development Office, Home Office and Crown Prosecution Service
• Published: 19 March 2021

This was published under the 2019 to 2022 Johnson Conservative government

Documents

MoU between UK and Nigeria on the modalities for return of stolen assets confiscated by the UK: annex 1

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MoU between UK and Nigeria on the modalities for return of stolen assets confiscated by the UK: annex 1

ODT, 554 KB

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Schedule 4: Project disbursement plans

PDF, 1.58 MB, 25 pages

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Details

This is an Annex to the UK-Nigeria Memorandum of Understanding (MoU) on the modalities for the return of stolen assets confiscated by the UK. It marks the first return of assets under the MoU.

£4.2 million is being returned to Nigeria, which represent the funds recovered from the associates and family of James Ibori, the former Governor of Nigeria’s Delta State. The Annex includes a detailed budget plan, including a work and expenditure schedule for each project which the returned funds will contribute to.

Note that Schedule 6 of the Annex is an agreement between the US, Jersey and Nigeria and cannot be published here.

Published 19 March 2021