resident Muhammad Buhari has opened up on the status of funds looted by public officers, but recovered by his administration. He spoke in New York, United States in a speech he delivered at the United Nations.
This is even as he urged the United States and United Kingdom to return Nigeria’s stolen cash lodged in their banks.The President expressed optimism that stolen cash and assets in the West will be returned to Nigeria in 2017.
Two weeks ago, Transportation Minister, Rotimi Amaechi, disclosed at the 34th Cambridge University International Symposium on Economic Crime that the Federal Government has so far recovered N3.4 trillion in cash and assets from looters.
The former Rivers State governor also said the government discovered N115 billion looted cash and assets in the United States, United Arab Emirates and United Kingdom.
Earlier, Information Minister, Alhaji Lai Mohammed, had on June 4 said an interim report of recoveries of looted assets and monies, that cash recoveries from May 29, 2015 to May 25, 2016 totalled N78,325,354,631.82; $185,119,584.61; #3,508,355.46 Pounds Sterling and E11, 250 Euros.
In the statement released in Lagos, Mohammed also said Recoveries Under Interim Forfeiture (cash and assets) during the period totalled N126,563,481,095.43; $9,090,243,920.15; £2,484,447.55 and €303,399.17.
In his speech at the 71st session of the United Nations General Assembly (UNGA) and his second as President, Buhari insisted that fighting corruption remains the main focus of his administration. The speech reads in parts:
“Fighting corruption remains a cardinal pillar of our administration. Corruption freezes development, thereby undermining the achievement of the Sustainable Development Goals (SDGs). I am pleased that our efforts in fighting corruption are yielding positive results including significant stolen assets recoveries.
Comments
Post a Comment