January 24, 2018

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Recovered loot to be used as evidence – FG

Recovered loot to be used as evidence – FG

The presidency has said monies recovered from corrupt government officials and their accomplices cannot be made public now because they are to be used as evidence against the looters during prosecution.

Senior Special Assistant (SSA) on Media to the President, Malam Garba Shehu, who disclosed this to journalists in Abuja at the weekend said the recovered funds, which he noted was running into billions of naira, have been kept in a special account with the Central Bank of Nigeria (CBN).

Shehu said the delay in making public what has been recovered was engendered by the need to ensure that those who stole public funds are made to face the wrath of the law.

His words: “On the issue of how much has been returned, let me state that the money so far retrieved is money to be used as evidence in court, and this is in line with the position of President Muhammadu Buhari who said two things; we will recover and we will prosecute. So as it is now, you don’t go and bring out all these millions returned. I am aware that there is an account in the CBN where some of these funds are being kept, but they are evidences for a judge to see, they are not for public display. I think that is the challenge we have at the moment.” Read more

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