The Government of Jersey has officially returned $9.5 million (approximately ₦) in recovered assets to Nigeria, as part of ongoing efforts to combat corruption and recover stolen public funds stashed overseas.
The repatriated money represents proceeds from past corruption cases that were traced, frozen, and forfeited through legal cooperation between Nigerian authorities and Jersey’s financial regulators. Returning the funds reflects enhanced collaboration between both jurisdictions in tracing illicit assets and ensuring they are restored to benefit Nigerians.
Nigeria’s anti-graft agencies and government officials welcomed the development, emphasising that recovered funds will be reintegrated into national development priorities, transparency initiatives, or specific recovery programmes.
The return of these resources marks a significant milestone in international asset recovery and demonstrates the effectiveness of sustained legal and diplomatic engagement in the fight against corruption.
