Economy & Finance, Government Policies & Politics

Buhari Receives Stolen Funds From Ex- Government Officials


Some treasury looters in the immediate past administration of President have started returning stolen funds to the government of .

, made the remark at a forum with the Nigerian community in Tehran, Republic of Iran.

The President also explained while answering a question that those accused of corruption would have been prosecuted by now but for the need to thoroughly investigate them with a view to gathering evidences for their eventual trial.

He said that it was easy for him during his tenure as a military Head of State in1985 to arrest and put those allegedly corrupt individuals in protective custody for them to prove their innocence, but the dictates of rule of law and due process had slowed him down in prosecuting corruption in this dispensation.

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.”

The President also promised to deal with saboteurs in the nation’s in order to bring back sanity and service delivery to the populace.

Stressing that he was yet to give any policy directive on the before the improvement in service experienced in the past few months, Buhari said his government would ensure that the needful, especially improvement in security, was done to ensure regular power supply.

He added: “I believe if you are in touch back at home you would have been told that already there is some improvement in power.

“We haven’t said anything to them yet. I think they only find it sensible or appropriate for them to try and improve the power situation in the country.

“I’m sure you know about the privatization of the power sector, your old friends NEPA or Power Holding Company of Nigeria have been sold to a number of interest groups. But, the fundamental thing about us is that we have the potential in everything except performance.

“We have a lot of gas, we have a lot of qualified people but again we have a lot of saboteurs who go and blow installations. Those who normally steal Nigerian crude and those who blow up installations, whether they called themselves militants or whatever, they are still there.”



Source: The Nation

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