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Attorney general : Judgement debts has risen to N150bn.
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The Attorney-General and Minister of Justice, Abubakar Malami, on Wednesday said judgment debts incurred by the Federal Government have risen to N150bn.
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He said, “The Ministry of Justice was mandated to take inventory and explore avenues for the payment of judgment debts which have become problematic.
This has arisen because it was only in 2017 that the sum of N10bn was disbursed for the payment of judgment debts as appropriated.
As it stands, the sum of over N150bn remains unpaid, prompting beneficiaries of this sum to keep mounting pressures on the ministry.
Fg challenge UK Court for billions
Distinguished members of this committee are hereby respectively requested to intervene on this long standing vex issue by appropriating the sum of N30bn annually to mitigate this challenge.”
Malami urged the Senate panel to approve 2.5 per cent as commission for those involved in the recovery of looted assets.