Govt Moves To Prevent Re-Looting Of Recovered Funds


Lai Mohammed, Minister of Information and Culture has revealed that the Federal Government has taken concrete steps to ensure that monies recovered in the anti-corruption drive were not re-looted.

Mohammed who said corruption was “as dangerous as terrorism” said that a register has been created in the ministry of finance, for all recovered assets, adding that it would soon be made public.

He was speaking during a meeting with Mohammed Ibn-Chambas, the West African representative of the United Nation’s Secretary-General, Ban Ki-Moon.

The minister said: “The government is focused and it is not looking back in the fight against corruption, and it is clear today that nobody will be spared.



    Through the effort of the Presidential Committee on Asset Recovery, the government has been able to coordinate the collation and categorization of recovered assets from 2015 to 2016.

    “The committee has approved a central asset register for recovered stolen assets to avoid a situation where the assets disappear; and this register will be available for the public.”

    Ibn-Chambas in his response told the minister that the major purpose of the meeting was to discuss the humanitarian crisis in North East Nigeria.

    He reiterated that the UN will continue to support Nigeria in the fight against terrorism.

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