FG Says It Has Recovered $1b Looted Funds Under Buhari

The Federal Government has disclosed that it has so far made a recovery of one billion dollars ($1,000,000,000) of stolen funds from May 2015 till date.

Abubakar Malami,  Attorney General of the Federation and Minister of Justice, stated this on Wednesday after the Federal Executive Council (FEC) meeting presided over by President Buhari.

The AGF explained that the recovered assets have been deployed to various sectors of the economy and has made huge impact in alleviating poverty levels and improving the economy.

Against this backdrop, he declared that the Council has given approval of an anti-corruption strategy document to strengthen anti-graft fight in the country.

In the same vein, the AGF expressed the Federal government’s worry over recurrent cases of budget padding, asserting that necessary measure would be explored to tackle it.