One Billion Dollars Looted Funds Recovered Since 2015 – FG

Attorney-General of the Federation, Abubakar Malami (Photo Credit: DailyPost)

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The Federal Government, on Wednesday, disclosed that it has made a recovery of one billion dollars ($1,000,000,000) since the inception of the President Muhammadu Buhari administration in May 2015 till date.

The Attorney General of the Federation and Minister of Justice, Abubakar Malami disclosed this on Wednesday after the Federal Executive Council (FEC) meeting presided over by Buhari at the State House.

According to him, the recovered assets, deployed to various sectors of the economy particularly to address poverty alleviation, has made huge impact on poverty levels and the nations economy.

He added that the Council has given approval of an anti-corruption strategy document to strengthen anti-graft fight in the country.

Malami, who expressed government’s concern over cases of budget padding, described the development as worrisome, adding that every necessary measure would be explored to address it.