Sunday, 21 August 2016

Finance Ministry to manage recovered loot - Adeosun

The Ministry of Finance has been assigned the responsibility of managing assets recovered from treasury looters.

Making the disclosure in Abuja on Friday, the Minister of Finance, Mrs Kemi Adeosun said that some of the recovered assets were mind blowing.

She disclosed that the press would soon be allowed to view some of the recovered loot which include very expensive jewelry, over N115 billion in local and foreign currencies 183 buildings, and five ocean going vessels.

She stressed that the current anti-graft campaign of the government if sustained would take the country out of economic recession.

“Fighting corruption is fundamental and if we stick with that and all the money stolen or diverted is directed at projects that could grow the economy, we would recover.’’

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