United Kingdom, Nigeria Sign Memorandum of Understanding to fight Corruption.
Written by News Room on February 23, 2022
The Federal Government of Nigeria and the Government of the United Kingdom of Great Britain and Northern Ireland signed a Memorandum of Understanding, On Monday 21 February, in a joint commitment to continue the fight against corruption.
According to reports, this will enable a compensation payment to be made to Nigeria of two hundred and ten thousand, six hundred and ten pounds, following a successful investigation by the UK’s Serious Fraud Office relating to the use of corrupt agents in the oil and gas sector.
The Memorandum of Understanding, which was signed between the Minister for Africa, Vicky Ford and the Attorney General for Nigeria, Abubakar Malami, sets out the terms and understanding between the Government of the United Kingdom and the Federal Government of Nigeria to make this compensation payment.
The compensation payment from the UK to Nigeria was secured after a four-year corruption investigation led by the Serious Fraud Office (SFO) in the UK.
Amen J Kantiyok