Fed Govt opens special account for recovered cash

The Federal Government has set up an account for the stolen funds it recovered in the last one year. The Muhammadu Buhari-led government revealed on Saturday that N78, 325,354,631.82; $185,119,584.61; £3,508,355.46 and €11, 250 had been recovered from alleged looters, an amount which adds up to over N115.7bn using the official exchange rate of the […]

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‘Reason why recovered cash can’t be made public just yet’ – Presidency

[su_dropcap]T[/su_dropcap]HE cash recovered from former public officers under probe by anti-graft agencies will not be made public yet because it will be used as evidence against them in court, the Presidency said yesterday. Presidential spokesman Mallam Garba Shehu said much as President Muhammadu Buhari would have liked to let Nigerians know how much has been […]

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