Public funds that have so far been returned by some past government officials who looted the treasury while in the saddle are currently with the Central Bank of Nigeria, SUNDAY PUNCH has learnt.

It will be recalled that President Muhammadu Buhari had while speaking during an interactive session he had with members of the Nigerian community in the Islamic Republic of Iran disclosed that some past government officials who stole public funds had started returning parts of their loot to government coffers voluntarily.

Buhari did not disclose the identities of the former government officials who have so far returned parts of the looted fund or the amount returned to the public treasury.

But SUNDAY PUNCH’s investigation revealed that the money is with the CBN, although the amount could not be immediately ascertained at the time of filing this report.

It was also not certain yet the purpose for which the money would be utilised.

Although there are speculations that the return of the monies could be part of a plea bargain arrangement that will see the ex-officials returning their loot quietly without being prosecuted, it was also learnt that the President might not have made up his mind on the matter.

When contacted on Saturday, the Special Adviser to the President on Media and Publicity, Mr. Femi Adesina, confirmed that the looted fund was being returned to government coffers through the CBN.

He said only the apex bank could speak on how much had been returned to the government.

He said, “The looted fund is being returned through CBN. Only the bank can speak on the procedure, and how much has been returned so far.”

When further asked if the President was considering pardoning those who have returned their loot or they will still be prosecuted, Adesina replied, “The President has not made a declaration on whether those who returned money voluntarily would still be prosecuted or not.”

The Minister of Finance, Mrs. Kemi Adeosun, had told journalists at Friday’s Federation Accounts Allocation Committee meeting in Abuja that the Federal Government had yet to put a specific figure to the amount of money so far returned by those who looted the treasury, saying the process was still ongoing.

According to her, when collated, the funds would be returned to where they were stolen from.

The minister said, “There is no figure on the funds being returned yet. The process is ongoing. When it is completed and the accounts are available, they would be returned to where they were stolen from. We haven’t come to that yet.”

http://punchng.com/recovered-loot-with-cbn-investigation/

cc: Lalasticlala

Good.

ok

J

if you tell one lie,
you will need another hundred lies to cover it.

Sai Baba

Damaga control.... Bubu has not recovered a single one naira.... They should stop lying to us... The wailers are still wailing... The change chanters are now lamenting...


Buhari Yet To Give Finance Ministry Details Of Recovered Loot — Adeosun
https://www.nairaland.com/2767578/buhari-yet-give-finance-ministry

Na so I just dey look buhari as him talk say him wan fight kuwopshun to stand still.

Shey na from air him wan take fight am? After France, Cyprus then Brazil and then amazon forest then Bermuda.

Confusion everywhere

Recovered loot paid to account they were taken from - Minister of Finance

We do not yet have the figures of amount recovered - Femi Adesina

Money now with CBN -- Punch

Who is fooling who? lieing is BAD!!!

Government of the propagandists by the liers and for their sycophants/gullible.


No Looted Money Returned - CBN

On efforts by the central bank to assist the Buhari administration in its fight to stem corruption, the CBN governor said the bank will be happy to play a role once the opportunity presented itself and will be happy to receive recovered funds as they would improve the country’s reserves, but no money has been recovered to date.


http://www.thisdaylive.com/articles/emefiele-cbn-s-forex-demand-management-is-starting-to-work/216805/

"President Muhammadu Buhari is a man of integrity with a clear agenda "- Barack Obama
He is indeed a man of vision with a mission of action. He may be a slow walker but he can never walk backward.

I prayed a simple prayer before the election that if God truly love Nigeria and Nigerians then let the man that ll turn around the fortune of this great country for good emerge, then the Lord gave us Muhammadu Buhari.

He's so determined and focused that antagonism and smear distractions from the opposition does not get to him that is why Femi fani Kayode confessed that Buhari does not have conscience.

Scam

Confused lots, propaganda govt

please where is the loot ?


we keep hearing of loot loot loot every day

"Buhari is promoting impunity by recovering looted
funds through plea bargaining rather than keeping to his promise of ensuring total justice." - ( Tunji Braithwaite, November 28,2015.)

Minister of Finance denied knowledge of returned funds
CBN also denied receiving any recovered funds
Obviously Buhari has not received any recovered loot

But more importantly, Plea bargaining under current circumstances is the height of corruption. What are our laws for if a thief can return part of his loot and walk away. Criminals should and must be prosecuted .... that is the rule of law.

Buhari confirmed he is the lord of impunity by openely declaring that he has been negotiating with thiefs and receiving part of their loots in exchange for freedom.

As a matter of fact, assuming returned loot is true ... then the secrecy surrounding it is also corruption. All Abacha's loot that have been recovered were made public but a dead man can't be prosecuted

Buhari will probably be looting the loot of his life as we get distracted by his planned propaganda. Buhari is a criminal like Amaechi, Tinubu, Saraki, Atiku, Obasanjo. .... it takes stupidity to think he is different.

IsraeliAIRFORCE:
Government of the propagandists by the liers and for their sycophants/gullible.


No Looted Money Returned - CBN

On efforts by the central bank to assist the Buhari administration in its fight to stem corruption, the CBN governor said the bank will be happy to play a role once the opportunity presented itself and will be happy to receive recovered funds as they would improve the country’s reserves, but no money has been recovered to date.


http://www.thisdaylive.com/articles/emefiele-cbn-s-forex-demand-management-is-starting-to-work/216805/

You are the terrible liar and propagandists here. You have to quote a report dated 7th of August, that's about 4 months ago just because you want to make the president look bad.

Between then and now, a lot must have happened and there is a strong possibility that looters under the corrupt GEJ must have returned part of their loot.

Quit hating your president and support his effort to recover our stolen wealth from the rogues that served under GEJ.

These APC apologists are still being scammed and most have vowed never to make use of their senses.

“It is a crime against the state for anybody to steal
public funds. Returning stolen funds quietly without being sanctioned is even worse than the crime of stealing the money. This is morally reprehensible and it can never serve as a deterrent to other corrupt politicians who might want to steal public resources."- Tunji Braithwaite, November 28,2015)

Any child conceived within this 6month administration of Buhari is certainly going to be a liar.

Everyday u wake up its a new lie to cover up the previous lies.

Recovered Loot ko Recovered Foot nii..

On a normal circumstances, this is a good news. But wailers will never see anything good in this govt. Even if Buhari gives them jobs that was impossible for them during 16yrs of their party. They would still be blinded by hatred.

“Buhari is pampering those corrupt leaders by just
obtaining looted funds and not jailing them.- (Tunji Braithwaite, November 28,2015)

Hmmmm

Descartes:
"Buhari is promoting impunity by recovering looted
funds through plea bargaining rather than keeping to his promise of ensuring total justice." - ( Tunji Braithwaite, November 28,2015.)

Braithwaite should not forget to caution the wailing wailers not to start weeping all over the places shouting Witch hunting, political persecution, selective justice and dictatorship by PMB when the jungle has mature.
Their prosecution charges are undergoing press up in PMB's memo.

IsraeliAIRFORCE:
Government of the propagandists by the liers and for their sycophants/gullible.


No Looted Money Returned - CBN

On efforts by the central bank to assist the Buhari administration in its fight to stem corruption, the CBN governor said the bank will be happy to play a role once the opportunity presented itself and will be happy to receive recovered funds as they would improve the country’s reserves, but no money has been recovered to date.


http://www.thisdaylive.com /articles/emefiele-cbn-s-forex-demand-management-is-starting-to-work/216805/

this day live... koo this day dead niii y U dey read news wey dey Don post since August 3months ago.... they Don recover it now mtchewww

It's not an easy to recover money from thieves. Even igbo business man or woman when you buy something from them and you changed your mind that it is not necessary for buy such thing, Igbo will never return your money

Descartes:
“Buhari is pampering those corrupt leaders by just
obtaining looted funds and not jailing them.- (Tunji Braithwaite, November 28,2015)

This is the problem with people like Braithwaite, if the president recovers the looted funds quietly without drama, they will say he's pampering corrupt leaders. If he gets them arrested, drags them to court or lock them up, they will say he's a bloody dictator witch hunting his political opponents.

Nothing will ever satisfy some people. All they want is for the president to fail and nothing else.

It's not an easy to recover money from thieves. Even igbo business man or woman when you buy something from them and you changed your mind that it is not necessary for buy such thing, Igbo will never return your money

we are waiting.

We just dey hear am..we no dey see am.. she those money be ghost ? U collect money from thief..u still keep am for thief possession