Recovered loot: Details to be released this week without names of looters – Lai Mohammed

    Lai Mohammed
    Lai Mohammed

    The federal government says the list of looted and recovered funds would be released before end of this week.

    During  a programme on Channels TV, where the station was assessing the first anniversary of the present government, the Minister of Information and Culture, Alhaji Lai Mohammed, who appeared on the programme alongside his Finance Ministry counterpart, Mrs Kemi Adeosun; Professor Itse Sagay and Colonel Sani Usman, disclosed that the list of recovered fund would be unveiled very soon.

    He, however, said the names of the persons involved would be withheld for legal reasons.

    “Nigerians will get the amount recovered by the end of the week, but for legal reasons, we will not reveal their names,” Alhaji Mohammed said.

    According to Mohammed, President Buhari was advised against giving the names of looters for legal reasons. “Of course, he has a right to reverse himself on that,” he said.

    President Buhari, during his nationwide broadcast to mark one year anniversary of his government, said the Ministry of Information and Culture would publish and update Nigerians on the efforts of the Federal Government towards recovering all Nigeria’s stolen assets.

    Also speaking, Professor Sagay said “there is rigorous aggression in the way the Economic and Financial Crimes Commission (EFCC) corruption case is progressing,” adding that within the next six months, cases would come to conclusion.

    The Finance Minister, Mrs Adeosun, said it was wrong for anybody to say the government did not have any economic blueprint.

    “Its wrong to say it’s not clear where we are taking the economy, we have clarity on direction. We are working to diversify economy.”

    She also dismissed the claim that foreign investors were running from Nigeria because of policies of the government, adding that the reason many companies did not want to do business in Nigeria was corruption and assured that foreign investors would come back into the country.

    “Reason for investors not willing to come to Nigeria is corruption, not forex policy; some are coming back now,” she said. (Tribune)

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