Nigeria’s Justice Minister Abubakar Malami, has said that the country recently recovered $85 million of stolen assets from the UK. He claimed the money is linked to the Malabu scandal, a major case of alleged bribery involving oil giants Shell and ENI.
The Malabu scandal is one of the biggest corruption cases to hit Nigeria’s oil industry. Investigators in Nigeria and in Italy claim that $1.1bn – which was paid to the government by international oil companies in 2006 – never made it into the national coffers.
