The Attorney-General of the Federation and Minister of Justice, Abubakar Malamu ( SAN ) , said on Saturday that the repatriated funds looted by the late Head of State, Gen . Sani Abacha , would be used for the development of critical infrastructure in the country .

Malami , who said this in a statement released by his Special Assistant on Media and Public Relations , Dr. Umar Gwandu , said there was no form of agreement to hand over $ 100 m out of the latest tranche of the recovered $ 300 m Abacha loot to the Kebbi State Governor , Atiku Bagudu , or any third -party interest .

He noted that Bagudu is pursuing separate cases in court in the United States and the United Kingdom to assert his right in connection with the Abacha loot .

He also disclosed that Nigeria was also cooperating with the United States in the recovery of several other assets “ including corruption proceeds linked to former Petroleum Minister Deziani Alison -Madueke and her associates , and former State Governor James Ibori as well as several others . ”

The United States Department of Justice had alleged that the Federal Government led by the President , Major Gen Muhammadu Buhari ( retd . ) , is planning to hand over about $ 100 m out of the Abacha loot to Bagudu .

The US Department further stated that the Nigerian government was blocking attempts to recover part of the looted funds allegedly traced to Bagudu , who is the Chairman of the All Progressives Congress governor ’ s forum .

The Department of Justice made the claim in court papers filed before the District Court for the District of Columbia in Washington , according to Bloomberg ’ s reports .

Bagudu , who is a close ally of Buhari and a prominent member of the APC , was indicted by the US Government for helping Abacha to transfer billions of dollars in the mid -90 s .

According to documents from the Department of Justice , Bagudu spent six months in federal detention in Texas while awaiting extradition to the Island of Jersey .

However , before he was handed over for criminal trial in Jersey , he was said to have quickly agreed to return $ 163 m to Nigeria and was released on bond to Nigeria where he was meant to be prosecuted for money laundering .

Source:- Punchng