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Foreign

UK Returns $9.5m Recovered Loot To Nigeria

AdminBy AdminJanuary 10, 2026Updated:January 10, 2026No Comments2 Mins Read
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By Barth Ikiebe .


His Majesty’s Attorney General for Jersey, Mark Temple KC, has signed a Memorandum of Understanding (MoU) to facilitate the return of more than $9.5 million, believed to be proceed of corruption, to Federal Government of Nigeria.

A statement by the UK government on Friday, January 9, 2026, said Temple signed the MoU in December 2025.

Our correspondent gathered that on 29 November 2023, the Attorney General applied to the Royal Court of Jersey under the Forfeiture of Assets (Civil Proceedings) (Jersey) Law 2018 in respect of tainted property held in a Jersey bank account.

On 12 January 2024, the Royal Court granted a forfeiture order after determining that the funds were more likely than not the proceeds of a corrupt scheme in which third-party contractors diverted government monies for the benefit of senior Nigerian officials and their associates.

According to the statement, the MoU builds on two previous agreements between Jersey and Nigeria, under which more than $300 million has already been repatriated to support three major infrastructure projects ― the Lagos-Ibadan Expressway, the Second Niger Bridge, and the Abuja-Kano Road.

In the The statement, the first two projects were now complete, adding that under the terms of the MoU, the forfeited funds would contribute to the final stages of the Abuja-Kano Road — a 375 km highway that would provide a vital link between Nigeria’s capital and its second-largest city.

Temple said: “This successful return demonstrates the strength of our civil forfeiture legislation as a powerful tool in the fight against corruption.

“I thank the Nigerian authorities for their cooperation and the Economic Crime and Confiscation Unit in my Department for their unwavering commitment to recover the proceeds of crime.”

The Attorney General of the Federation and Minister of Justice, Lateef Fagbemi (SAN), said: “The successful recovery and repatriation of the forfeited assets, underscores the effectiveness of Nigeria’s collaborative efforts with its international partners in ensuring that there is no safe haven for illicitly acquired wealth or assets moved to foreign jurisdictions.

“I want to, on behalf of the Government of the Federal Republic of Nigeria, thank the Bailiwick of Jersey for the cooperation accorded Nigeria during the recovery exercise.

“I want to further assure the Bailiwick of Jersey, that the repatriated assets will be judiciously utilised in line with the terms of the executed Memorandum of Understanding.”
Edited by Dada Ahmed.

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