According to the foreign and commonwealth office,

http://www.fco.gov.uk/servlet/Front?pagename=OpenMarket/Xcelerate/ShowPage&c=Page&cid=1007029391638&a=KArticle&aid=1152525750014

UK RETURNS STOLEN ASSETS TO NIGERIA (10/07/06)

The UK's Minister for Africa, Lord Triesman, welcomed the announcement on 6 July of the return of almost £1 million in stolen assets to the Federal Government of Nigeria under the UK's Proceeds of Crime Act (2002). The Minister said:

'The UK is meeting its commitments under the United Nations Convention Against Corruption, identified as a priority by the Commission for Africa and the Gleneagles G8 Summit a year ago. We will continue to work with African countries to tackle corruption and return stolen assets. Hilary Benn's appointment on 22 June as the UK Ministerial Champion for addressing international corruption and the establishment of a dedicated team for investigating international corruption and money laundering should allow us to do this even more effectively.'

Notes

The £988,273 handed to the Nigerian High Commission in London on 6 July was seized by the Metropolitan Police in London in September 2005 after the arrest of Mr Diepreye Alamieyeseigha, the then Governor of Bayelsa State, Nigeria. The Metropolitan Police applied to the courts for the cash to be forfeited under the Proceeds of Crime Act and their application was granted by Stratford Magistrates Court, London on 26 May 2006. Solicitors acting for the Nigerian High Commission in London applied to the court for the forfeited money to be returned to the Government of Nigeria and that request was also granted.

I have never heard of this story (news) before, what are your thoughts an opions.

HOW DO YOU THINK THEY SPEND THIS MONEY!!!!

Way to go,but more stolen illegitimate wealth kept in banks not only in UK but in safe havens as Geneva, Monaco and Luxembourg must all be returned. The G8 if they do this they can keep their neo-colonial aid.Africa would be ok. But would they?

the UK was built completely from stolen assets from all over the world. The kahinoor diamond is on a crown as a big flip of.