Home NEWS Treasury Looters Bury Funds In Graveyards, Forests, Backyards – Lai Mohammed

Treasury Looters Bury Funds In Graveyards, Forests, Backyards – Lai Mohammed

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The Minister of Information and Culture, Alhaji Lai Mohammed, has said that treasury looters are now hiding their loots in graveyards, deep forests and backyards of their houses across the country.

He said that information about the new way of hiding the loots from the public has been revealed to the anti graft agency, particularly, the Economic and Financial Crime Commission (EFCC), by whistleblowers.

A statement by his Special Adviser, Segun Adeyemi, quoted the minister as saying that whistleblowers have inundated the anti graft agencies with information regarding the activities of the treasury looters, adding that such monies would be recovered soon and accounted for.

Lai Mohammed commended the whistle blowing policy which he said is working and has led to the recovery of more looted funds in many currencies.

He assured that all the recovered looted funds were safe and government will give full account to Nigerians.

The minister thanked Nigerians for their enthusiasm and commitment in helping the government to tackle corruption through disclosure of useful leads to appropriate government agencies.

“Since we launched the whistleblower policy, we have received immeasurable support from Nigerians. Yes, there is monetary reward for any information that leads to recovery of looted funds, but from what we have seen, most of the Nigerians who have come forward with useful leads were driven by patriotism rather than reward.

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”Nigerians, fired by a fervid resolve to help banish corruption from their country, have daily inundated the offices of the appropriate government agencies with valuable information.

“We have been told how looters have resorted to burying stolen funds in their backyards, in deep forests and even in burial grounds.

”Thanks to whistle-blowers, it is now clear that a rapacious few have pillaged the nation’s wealth through a vicious orgy of corrupt practices.”

The minister, however, noted that more funds were in the possession of looters than were available to government at all levels to meets its obligations, including paying workers’ salaries and providing social amenities.

He stressed that the government will not abandon the policy for whatever reason, but will continue to rejig it and make it more effective as a tool for fighting corruption.

The minister assured that as soon as the necessary reconciliation process and the litigation in some of the cases were concluded, government would give full account of the recovered looted funds to Nigerians

Lai Mohammed re-assured Nigerians who have useful information on looted funds that the government will protect their identities and give them their stipulated reward.

NAN. [myad]