Friday, 2 September 2016

President Buhari Reveals Grand Total Of Billions RECOVERED From Looters...(See Details)

President Muhammadu Buhari-led federal government has disclosed the amount of funds recovered from looters so far.The Minister of Information and Culture, Mr. Mohammed said the looted fund recovered so far
by government is a far cry from what the country needs to revive the economy.“what has been so far recovered will not even pay 50 per cent of the salaries in a month”.

The minister said this on Friday when he appeared on a News Agency of Nigeria (NAN) Forum in Abuja.

According to him, the amount of money recovered is always being made public.

“What we have recovered and if my record is right is about N78 billion, and 3 million dollars.

“We have been able to block various accounts in which about 9 billion dollar is found but those are not money available to us because we are still in court over them.

Mr. Mohammed assured Nigerians that every penny recovered will be judiciously spent and nobody could re-loot what had been recovered under the administration.


NAN

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