Monday 30 May 2016

Ask Information Ministry for details of recovered loot - Buhari

President Muhammadu Buhari during his Democracy Day broadcast on Sunday reneged on his promise to disclose details of assets recovered from corrupt public officials.

He however said that the Ministry of Information and Culture would provide those details in due course.

Buhari disclosed that several past government officials are currently standing trial for corruption and other economic crimes committed during the administration of Goodluck Jonathan.

“We are engaged in making recoveries of stolen assets some of which are in different jurisdictions. The process of recovery can be tedious and time consuming, but today I can confirm that thus far, significant amount of assets have been recovered.

“A considerable portion of these are at different stages of recovery. Full details of the status and categories of the assets will now be published by the Ministry of Information and updated periodically.

“When forfeiture formalities are completed these monies will be credited to the treasury and be openly and transparently used in funding developmental projects and the public will be informed," he said.

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