Nigeria and the Bailiwick of jersey have agreed to repatriate more than $9.5 million traced to proceeds of corruption to the Federal Government of Nigeria. The agreement is contained in a Memorandum of Understanding (MoU) signed in December 2025 by His Majesty’s Attorney General for Jersey, Mark Temple KC, authorising the return of the funds to Nigeria for use on key infrastructure projects. The funds were forfeited following an application by the Jersey Attorney General to the Royal Court of Jersey on November 29, 2023, under the Forfeiture of Assets (Civil Proceedings) (Jersey) Law 2018. The MoU builds on earlier agreements between Nigeria and Jersey that led to the repatriation of over $300 million. “I want to, on behalf of the Government of the Federal Republic of Nigeria, thank the Bailiwick of Jersey for the cooperation accorded Nigeria during the recovery exercise.

Source: The Guardian January 10, 2026 07:15 UTC