The British High Commission for Nigeria has announced that the British government has signed a Memorandum of Understanding (MoU) under which they will return to Nigeria £210,610 compensation relating to the use of corrupt agents in the oil and gas
This was announced on Monday by the British High Commission for Nigeria.
Following a productive investigation by the U.K. Serious Fraud Office, compensation is given.
Vicki Ford, a minister for Africa, and Abubakar Malami, the Nigerian attorney general, both signed the memorandum of cooperation.
The Bilateral Security and Defense Dialogue conducted in February 2022, according to Vicki Ford, “confirms the U.K. and Nigeria’s commitment to working together to address illicit financial flows, bribery, and corruption.”
The United Kingdom has a “zero tolerance” policy on corruption, and we believe that signing this document today reflects our steadfast commitment to it.