Abubakar Malami, Minister of Justice and Attorney-General of the Federation, has implored the National Assembly to authorize a 2.5 per cent commission of the recovered loot.
According to him, 2.5 per cent should be paid to the Asset Recovery Unit of the Ministry of Justice.
Abubakar Malami claimed that the money would be used to service bills and he made this known on Wednesday as he appeared before the Senate Committee on Judiciary, Human Rights and Legal Matters for the defence of his ministry's budget for 2020.
In his own words:
"We are progressively making vital recoveries of our looted funds stashed abroad. However, let me affirm that the legal procedural requirements for these recoveries are all-together tasking and cumbersome.
"Most times, we have to engage the services of well-grounded lawyers and consultants to effect recovery. To smoothen our operations in this regard, it was deemed expedient to establish Asset Recovery Unit in my office, and so far, the effort is quite sultry."
Malami laid emphasis on the efforts made by the Ministry of Justice to procure the looted funds and explained the need to settle the well-grounded lawyers and pay other experts that were hired by the ministry to help the country recover her looted treasure.