Tag Archives: Returning

Why We Are Yet To Disclose Details Of Corrupt Officials Returning Stolen Funds- Buhari

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President Muhammadu Buhari on Friday explained why his administration was yet to release names of corrupt former officials of the past administration who voluntarily surrendered their loot.

Speaking in Abuja at this year’s edition of the annual Osigwe Anyiam-Osigwe Foundation Lecture, President Buhari said “any disclosure now may jeopardize the possibility of bigger recoveries”.

Mr. Buhari said, “As I stated recently, a good number of people who abused their positions are voluntarily returning the illicit funds. I have heard it said that we should disclose the names of the people, and the amount returned.

“Yes, in due course, the Central Bank of Nigeria will make information available to the public on the surrendered funds, but I must remark that it is yet early days, and any disclosure now may jeopardize the possibility of bigger recoveries.

“But we owe Nigerians adequate information, and it shall come in due course. It is part of the collective effort to change our land from the bastion of corruption it currently is, to a place of probity and transparency.”

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Looters Now Returning Stolen Funds- Buhari

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President Muhammadu Buhari in Tehran, Iran on Tuesday disclosed that many of the those who looted the public treasuries in the government of former President Goodluck Jonathan had started returning stolen funds to the coffers.

He said that though the government appreciated the development, it was still not enough to condone corruption, stressing that his government would,still prosecute them in due course.

He stated that the prosecution of suspects is taking time because the government is painstakingly gathering hard evidence against them.

President who spoke during a meeting with the Nigerian community in Iran decried the constraints inherent in democracy, recalling that it was easier for him as a military Head of State in 1985 to arrest corrupt individuals and put in protective custody for them to prove their innocence than in the present democratic practice.

He acknowledged that under the rule of law, the suspects are presumed innocent until convicted by the law.

He said: “On corruption; yes, they are still innocent. But, we are collecting documents and some of them have started voluntarily returning something. But we want all.

“When we get those documents we will formally charge them to court and then we will tell Nigerians to know those who abused trust when they are entrusted with public funds. So, the day of reckoning is gradually approaching.”

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Jonathan’s Men Secretly Returning FG Property

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Rattled by the directive handed down by President Muhammadu Buhari that they should return all government property in their possession, government officials who served under former President Goodluck Jonathan have started returning some of the assets they took away as they left office.

Investigations revealed that by yesterday some former top government officials were secretly returning government property, including vehicles, generator sets and furniture to the ministries, agencies and even some departments in Aso Rock where they were taken from.

Those whose families are still occupying government buildings are said to have started asking them to quickly vacate the place on the pretext that they were staying there without their knowledge, after they had left for their respective states or travelled abroad.

A top presidency official said that since yesterday, some of the past government officials, including former President Goodluck Jonathan’s men, had been calling to explain themselves, insisting that some of the property were taken either by their family members or close aides without their consent.

The presidency official, who preferred not to be since his was not the spokesperson of the presidency, noted, however, that despite the last-minute effort being made by this former officials to save their head from the ongoing probe directed by the president, they would still be made to explain their actions which amount to nothing but sharp practices.

He said, “Throughout today (yesterday), we have been receiving calls from some of the former aides and officials of government who claim that whatever was still in their possession were taken and were being kept either by their families members or personal assistants.

“Some even claim that they were aware that their family members were still living in government buildings while they were away in their hometowns, or abroad where they are on vacation. But their explanations amount to nothing but medicine after death. Whether they return the property or not, they must face the law because what the president is angry about is the action itself.”

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