Fidelity bank card banner Camano banner
Treasury looters keep money in forests, graveyard

By Rotimi Ijikanmi on 16/04/2017

Views: 2,308

•Crisp currency notes recently recovered by EFCC.
•Crisp currency notes recently recovered by EFCC.

The Federal Government says its anti corruption agencies have been inundated with information on how treasury looters have resorted to burying stolen funds in their backyards, deep forests and graveyard.


The Minister of Information and Culture, Alhaji Lai Mohammed, who disclosed this on Sunday in Lagos, said the whistle-blowing policy is working and has led to the recovery of more looted funds in many currencies.

Mohammed assured in a statement signed by his Special Adviser, Mr Segun Adeyemi, that all the recovered looted funds were safe and government will give full account to Nigerians.

The minister thanked Nigerians for their enthusiasm and commitment in helping the government to tackle corruption through disclosure of useful leads to appropriate government agencies.

“Since we launched the whistleblower policy, we have received immeasurable support from Nigerians.

“Yes, there is monetary reward for any information that leads to recovery of looted funds, but from what we have seen, most of the Nigerians who have come forward with useful leads were driven by patriotism rather than reward.

“Nigerians, fired by a fervid resolve to help banish corruption from their country, have daily inundated the offices of the appropriate government agencies with valuable information.

“We have been told how looters have resorted to burying stolen funds in their backyards, in deep forests and even in burial grounds.

“Thanks to whistle-blowers, it is now clear that a rapacious few have pillaged the nation’s wealth through a vicious orgy of corrupt practices,” he said.

The minister, however, noted that more funds were in the possession of looters than were available to government at all levels to meets its obligations including paying workers’ salaries and providing social amenities.

He stressed that the government will not abandon the policy for whatever reason, but will continue to rejig it and make it more effective as a tool for fighting corruption.

The minister assured that as soon as the necessary reconciliation process and the litigation in some of the cases were concluded, government would give full account of the recovered looted funds to Nigerians

Mohammed re-assured Nigerians who have useful information on looted funds that the government will protect their identities and give them their stipulated reward. (NAN)
 

Source News Express

Posted 16/04/2017 7:47:56 PM

 

 

CLASSIFIED ADS

 

You may also like...
Obaseki approves payment of stipends for Libya returnees...

Okorocha’s bleeding local governments, By Collins Ughalaa

‘Facebook killer’ kills self during hot chase

Akpabio, Igbinedion mourn Agagu

More than 40 dead in India bus crash...

BREAKING NEWS: FG releases more names of alleged...

US warns African looters

FEC backs Buhari’s directive on ballot box snatchers...

Obama called up for jury service

Exodus hits APC as lawmakers, party EXCOs join...

EFCC fails to commit convicted man who stole...

We have achieved 95 pct reconfiguration of 180,000...

 

Latest News Suspected killers of Fasoranti’s daughter in police net •How they are arrested PTDF extends scholarships to all Federal varsities Arrest Obasanjo now, Miyetti Allah tells Buhari Man absconds after bathing 8 persons with acid Suspected kidnappers of Buhari’s ADC’s father-in-law open up Election Tribunal: Atiku’s video evidence empty, says INEC Boxing champion crushed to death by car Warring militants accept ceasefire in Imo I am worth over N48 billion — Makinde •Makes details of assets declaration public Obasanjo’s letter: A dark cloud hovers over Nigeria, IYC warns Delta APC crisis: Emerhor withdraws case against Omo-Agege, Ogboru faction 60 Ecobank staff protest sack, demand payment of entitlements

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (507,029 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (430,654 views) Shameless Genevieve Nnaji exposes breasts in public (372,241 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (316,159 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (281,445 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (246,768 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (238,285 views) 10 cars more expensive than Jets (221,755 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (220,429 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (208,130 views) Lagos plane crash: Journalist releases victims’ names (187,809 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (186,515 views)

 

NNPC 2019 National Science Quiz Competition

CBN banner advert

UBA Wise Savers Promo

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (96) Business & Economy (4,352) Business Verdict (76) Columnists (1,070) Complaints & Requests (95) Enterprise & Opportunities (210) Entertainment (634) Features (776) Global Business Monitor (394) ICT Monitor (53) International (3,712) Interview (192) Live Commentary (30) Love Matters (163) Maggie's Blog (334) News (48,656) Opinion (1,288) Pidgin (17) Politics (11,153) Religion (1,048) Sports (2,094) Stock Watch (39) AMA & Al Jazeera Global Update

 

 

 

 

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera