FG Denies Seizure Of $21m By U.S Court

The Federal Government, on Wednesday, described as inaccurate reports alleging that a U.S. District Court authorized a certain Louis E. Williams to seize $21m from Nigeria’s account with JP Morgan.

Speaking through the Attorney-General of the Federation (AGF) and Minister of Justice, Lateef Fagbemi, the Federal Government said at no time did the US Court make such an order, adding that the court only dismissed Nigeria’s preliminary objection to the complaint’s suit.

The AGF said the ministry launched a defence against the claimant, Mr. Williams, and assured Nigerians of a positive outcome.

The statement reads in parts, “we wish to note from the report follows similarly inaccurate publications by Peoples Gazette on 21 August 2023 under the cover: “UK Court authorizes SSS victim Williams Emovbira to seize $21 million from CBN account with JP Morgan in New York” .

“None of the media outlets that syndicated the story sought the reaction of the Nigerian government. Indeed, the Ministry challenges these media outlets to publish a copy of the US Court order authorizing the said seizure.

“The Ministry hereby clarifies that at no time did the US District Court authorize the seizure of funds belonging to the Nigerian Government in the custody of JP Morgan. The court only refused Nigeria’s preliminary motion to dismiss the complaint against her on ground of sovereign immunity.

“The implication of the decision rendered on 12 August 2024 is that the case would now proceed to substantive hearing on the merit wherein parties are required to present evidence and legal submissions in support of their case before the court will issue a final decision.

“It is pertinent to state that Nigeria has filed an appeal against the interlocutory decision in issue. Nigeria has launched robust legal defences/challenges in the UK and US courts against Williams’ claims, including by launching proceedings against him for fraud and therefore remains quite confident and optimistic that his attempts to strong arm the Nigerian government will come to naught.” the Federal Government said.