What my govt will do to looters – Buhari - Uju Ayalogu's Blog for News, Reviews, Articles and More

Breaking News

Post Top Ad

Tuesday 11 September 2018

What my govt will do to looters – Buhari

What my govt will do to looters – Buhari

President Muhammadu Buhari on Tuesday said that his administration would continue to frustrate looters from enjoying their stolen money.

He, therefore, called on the National Assembly to take all necessary steps to pass the pending Proceeds of Crimes Bill.

Buhari said the bill, when passed and assented to, would “revolutionise our asset recovery and management architecture”.

READ ALSO :    2019: Buhari will lose presidential election – Report

Buhari said this at the Presidential Villa while officially receiving the report of the three-man presidential committee set up to audit recovered funds.

The President had on November 22, 2017, inaugurated the committee which comprised Mr. Olufemi Lijadu, Mrs. Gloria Chinyere Bibigha and Mr. Mohammed Nami.

The committee was given the mandate to carry out a comprehensive audit of assets and funds recovered by Ministries, Departments and Agencies of the Federal Government of Nigeria from May 29, 2015, to November 22, 2017.

He described corruption as constituting “a threat to the well-being, national security, and economy of Nigeria”, adding that his administration “will not allow the wanton diversion and embezzlement of public funds into private pockets”.

READ ALSO :    Tinubu reportedly dumps Ambode, endorses Sanwanolu as next Lagos Governor [VIDEO]

He added, “Thus, we intend to continue taking all necessary measures to deprive looters of public assets of the fruits of their crimes.

“It is in keeping with the Anti-corruption Policy of this Government, and in line with global best practices that this Committee was set-up to review our asset recovery and management practices in order to evolve a proper management, transparency and accountability culture in the management of recovered assets.

“Given our history of impunity, much of Nigeria’s wealth has historically been squandered or stolen; leaving us with inadequate infrastructure for our growing population and economy.

“Asset Recovery is thus one of the essential tools for fighting corruption and we must, therefore, take issues of managing such recovered assets very seriously.

Are you an artiste? Do you want your music to go viral and reacha large number of audience? Promote your music and Submit your story on Ujuayalogusblog.com by clicking here. For Advert Inquiries Tel/+44(0)7590363984 Subscribe to Ujuayalogusblog.com

For More:  Visit Us at Uju Ayalogu's Blog

Subscribe to Our Posts via Email


Share This

No comments:

Post a Comment

Listen to This Beautiful New Talent - Winter Wolf - Singing "Midnight"


Post Bottom Ad

Pages