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We Have Recovered $1b Looted Funds Since 2015- FG

by Present Nigeria
November 23, 2022
in News
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Malami Donates N11m To Kebbi Flood Victims

Malami

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The Federal Government says it has so far made a recovery of one billion dollars ($1,000,000,000) of stolen funds from May 2015 till date.

The Attorney General of the Federation and Minister of Justice, Abubakar Malami disclosed this on Wednesday after the Federal Executive Council (FEC) meeting presided over by President Buhari.

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The AGF noted that the recovered assets have been deployed to various sectors of the economy and has made huge impact in alleviating poverty levels and improving the economy.

Against this backdrop, he declared that the Council has given approval of an anti-corruption strategy document to strengthen anti-graft fight in the country.

In the same vein, the AGF expressed the Federal government’s worry over recurrent cases of budget padding, asserting that necessary measure would be explored to tackle it.

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PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
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