Presidency Opens up on Recovered Funds

The federal government has said that it will disclose the amount recovered on grounds of corruption once they are used as evidence against those it was recovered from in the court of law. Garba Shehu, the senior special assistant to the president on media and publicity disclosed this while speaking with journalists on Sunday, March 27.

He noted that the money is currently being lodged in an account with the Central Bank of Nigeria adding that the vice president will soon begin a town hall meetings at zonal levels to explain government policies and actions to the people. ”The issue of how much has been returned has been there. The money retrieved has to be used as evidence in court. The President said two things; we will recover and we will prosecute.

”So as it now, you don’t go and bring all these millions returned out.I am aware that there is an account with the Central Bank of Nigeria (CBN) where some of these funds are been kept and are evidences for a judge to see. ”It is not for public display. I think that is the challenge we have at the moment.” ”I know that there is a plan for Professor Osinbajo, the Vice President to start town hall meetings in zones and then it would be broken down to the state and so on.

”Government realizes that there is a need to take information to the people and there are steps that are been taken in order to ensure that is done,” Shehu said. Meanwhile, President Muhammadu Buhari has apologized to Nigerians for dissolving governing councils of universities and the boards of parastatal agencies.

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