The Attorney General of the Federation and Minister of Justice, Abubakar Malami said the recovery of the stolen fund by the former Governor of Delta State James Ibori is part of the efforts of the current administration to fight corruption.
He said that the money will be used for the construction of the second Niger Bridge, Abuja-Kano Road, and Lagos-Ibadan Express Road.
The minister made the announcement in his office in Abuja on Tuesday after signing a Memorandum of Understanding with the United Kingdom who has agreed to return the sum of £4.2 million of stolen assets stolen by ex-Delta State Governor, James Ibori.
The British High Commissioner to Nigeria, Catriona Laing said the money was recovered from friends and family members of the former governor.
She frowned that many Nigerians were in the habit of siphoning money from the country to the UK, saying that has also affected the level of trust between the two countries.
Laing however warned that the UK will no longer be used as a destination for looters to siphon proceeds of crimes.
