President Muhammadu Buhari on Wednesday pleaded with the World Bank to do all they can to repatriate Abacha’s stolen funds still being held by Swiss authorities.
He made this known at a meeting which witnessed the presence of the visiting World Bank Managing Director, Ms. Sri Mulyani Indrawati, at the Presidential Villa, Abuja.
The Senior Special Assistant on Media and Publicity, Garba Shehu, quoted the President as saying that the repatriation of the additional $320m in Switzerland, which has been identified as illegally taken from Nigeria under the Abacha administration, would help to ease the current economic hardship facing the country.
President Muhammadu Buhari gave his assurance to Indrawati that his administration was taking appropriate steps to ensure that public funds are no longer stolen or misappropriated by government officials.
The President said, “We need the support of the World Bank for the repatriation of the funds.
“We are as concerned as the World Bank about accountability. If such repatriated funds have been misapplied in the past, I assure you that the same will not happen with us.
“$320m is a lot of money and we will not allow it to be misappropriated or diverted.
One of the conditions given by the Swiss authorities for the repatriation of the funds is that it should be expended on the implementation of social programmes for the benefit of the Nigerian people in an efficient and accountable way, guaranteed by the monitoring of the World Bank.
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