Friday, November 8, 2019

Buhari's Minister Reveals Amount Recovered From Anti-Corruption War


The Attorney General of the Federation and Minister of Justice, Abubakar Malami (SAN), says the Federal Government has so far recovered in excess of N200 billion in final forfeiture in its anti-corruption fight.

Malami disclosed this on Thursday in Abuja at a Special Town Hall Meeting on "Fight Against Corruption", organised by the Ministry of Information and Culture.

The minister, who was represented by Mr Abiodun Ayodeji, Special Adviser to the President on Financial Crimes, said that there were other recoveries that were still in the interim, NAN reports.

"We have recovered in excess of 200 billion in final forfeiture and there are recoveries still in the interim than cannot be dealt with.

"The money we have earned for the federal government in the process of the anti-corruption war is in the excess of N200 billion.

"Notable among the recoveries is the 325 million dollar Abacha loot and 75 million dollar connected to the Malabu oil transaction,'' he said.

The minister said that the recovery was significant considering the effects of corruption on the country.

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