Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,150,261 members, 7,807,900 topics. Date: Wednesday, 24 April 2024 at 10:10 PM

Looted Funds: FG Recovers N3.4 Trn Cash, Assets – Amaechi - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Looted Funds: FG Recovers N3.4 Trn Cash, Assets – Amaechi (18270 Views)

Looted Funds: FG Seeks Extradition Of 311 Powerful Nigerians / Whistle-blower: FG Recovers Another $151m, N8b Looted Funds / We Have Recovered N18B Looted Funds – FG (2) (3) (4)

(1) (2) (3) (Reply) (Go Down)

Looted Funds: FG Recovers N3.4 Trn Cash, Assets – Amaechi by STFUand4kMeHARD(m): 2:38pm On Sep 06, 2016
The Federal Government has so far recovered a whopping N3.4 trillion in cash and assets from looters in the country, the Minister of Transportation, Mr Rotimi Amaechi has said.

Amaechi also said that the federal government discovered N115 billion looted cash and assets in the United States, United Arab Emirates and United Kingdom.

The Minister made those disclosures in the United Kingdom while speaking at the 34th Cambridge University International Symposium on Economic Crime yesterday.

“Our president has stopped at nothing to demonstrate that whosoever is caught in corruption related crimes will not be spared. In his days as military Head of State and through other positions he has held in public life, he has upheld a life of integrity. He is a typical example of how a leader can inspire committed followership through the force of example,” Amaechi stated.

“As someone who has been in active politics for more than 30 years, I have learnt that many well-intended reforms are possible only if the leader can offer the requisite leadership and muster the right political will.

Amaechi continued, “In my country, since our President, Muhammadu Buhari, was elected, he did not leave anyone in doubt that the fight against corruption will not only be taken seriously, but will form a cardinal plank of his policy direction.”

He said further, “So far, he has made several pronouncements that set the tone of his commitment to strengthening anti-corruption agencies to go after anyone who has questions to answer.”

“The president’s resolve was enough signal to all of us, members of his cabinet and the citizenry, that an end has come for the old ways of doing things. Currently, many people who have been indicted in one form of corrupt practice or another are being prosecuted in our courts. That, I believe is the way to show leadership and take responsibility.”

“Another important factor is what I refer to as the force of example. There is very little any leader can achieve if he talks the right political talk without offering personal examples.

In these days of internet and social media revolution, citizens often spend time to scrutinize the reputation and activities of any leader to find out if they are consistent with what he or she stands for in the media. Essentially leaders must practice what they preach if they expect to be taken seriously both by those within their organisations, state or country or outside,” he added.

“They should be held accountable. Leadership is expected to do three simple things, perhaps four: upholding the primacy of leadership and political will, insisting on the force of example, enforcing the urgency of incentives and the necessity of sanctions and finally by leveraging on the power of partnership,” he said.

Source:
http://www.vanguardngr.com/2016/09/looted-funds-fg-recovers-n3-4-trn-cash-assets-amaechi/

5 Likes 2 Shares

Re: Looted Funds: FG Recovers N3.4 Trn Cash, Assets – Amaechi by STFUand4kMeHARD(m): 2:41pm On Sep 06, 2016
Buhhari has emboldened hardened criminals like this pot bellied crook.
So annoying angry sad

Where is Keneking sef?
Abeg epp me call Lalasticlala grin cheesy

72 Likes 3 Shares

Re: Looted Funds: FG Recovers N3.4 Trn Cash, Assets – Amaechi by jmichlins(m): 2:44pm On Sep 06, 2016
if this is true then May Thunder Fire Any Mouth That Says This Government Is Broke. We have about half of our budget cash requirement and someone will claim no money

79 Likes 2 Shares

Re: Looted Funds: FG Recovers N3.4 Trn Cash, Assets – Amaechi by psucc(m): 2:45pm On Sep 06, 2016
Then FG will get the money to fund the 2016 budget in full anytime he returns his own share of the loot.

29 Likes 1 Share

Re: Looted Funds: FG Recovers N3.4 Trn Cash, Assets – Amaechi by adeyak83(m): 2:56pm On Sep 06, 2016
When did Amaechi became minister of information? Is he bluetooted Lai Muhammed port folio for God sake? If yes, why contradicting each other in the decleared figure, we dont know who's figure to believe again.

39 Likes 2 Shares

Re: Looted Funds: FG Recovers N3.4 Trn Cash, Assets – Amaechi by Bobandgreat: 3:17pm On Sep 06, 2016
Zombie news

47 Likes 3 Shares

Re: Looted Funds: FG Recovers N3.4 Trn Cash, Assets – Amaechi by Decibel: 3:29pm On Sep 06, 2016
This one everyone in Buhari Government assumes the position of information minister. cheesy

52 Likes 4 Shares

Re: Looted Funds: FG Recovers N3.4 Trn Cash, Assets – Amaechi by Paperwhite(m): 3:29pm On Sep 06, 2016
APC with it associated crooks have really insulted the sensibility of Nigerians.Well we deserve the leaders that we have otherwise how can these bunch kept on reeling out fictitious figures which are incongruent with the reality at present? So annoying also is that these retards still have followership.

35 Likes 1 Share

Re: Looted Funds: FG Recovers N3.4 Trn Cash, Assets – Amaechi by Mopolchi: 3:30pm On Sep 06, 2016
See im belle dem dey loot am inside im belle.

5 Likes

Re: Looted Funds: FG Recovers N3.4 Trn Cash, Assets – Amaechi by Jeetkool(m): 3:30pm On Sep 06, 2016
grin
Mopolchi:
See im belle dem dey loot am inside im belle.

2 Likes 2 Shares

Re: Looted Funds: FG Recovers N3.4 Trn Cash, Assets – Amaechi by pennytration(m): 3:31pm On Sep 06, 2016
With all these money, things r still hard in naija.
That moment u shout buhari is working:

19 Likes 1 Share

Re: Looted Funds: FG Recovers N3.4 Trn Cash, Assets – Amaechi by lion042(m): 3:31pm On Sep 06, 2016
And how much was recovered from this criminal.......God punish devil

8 Likes

Re: Looted Funds: FG Recovers N3.4 Trn Cash, Assets – Amaechi by Mistermamus(m): 3:31pm On Sep 06, 2016
Tomorrow anoda minister go talk 4.5trillion. Confused party tufia

21 Likes

Re: Looted Funds: FG Recovers N3.4 Trn Cash, Assets – Amaechi by Nafizzey(m): 3:32pm On Sep 06, 2016
.

1 Like

Re: Looted Funds: FG Recovers N3.4 Trn Cash, Assets – Amaechi by NePro: 3:32pm On Sep 06, 2016
This people again...if we should calculate all the funds you guys recovered from last year to this moment am sure it will be more than our GDP,, and yet we are in recession. Continue

17 Likes

Re: Looted Funds: FG Recovers N3.4 Trn Cash, Assets – Amaechi by salabscholar01(m): 3:32pm On Sep 06, 2016
ok
Re: Looted Funds: FG Recovers N3.4 Trn Cash, Assets – Amaechi by Omeokachie: 3:33pm On Sep 06, 2016
And still no money to run the economy?

You can inherit all the monies in the world, but still useless and poor if you are incompetent and mentally lazy. That is what this administration has shown.

6 Likes

Re: Looted Funds: FG Recovers N3.4 Trn Cash, Assets – Amaechi by harlee(m): 3:33pm On Sep 06, 2016
3 of this type

Re: Looted Funds: FG Recovers N3.4 Trn Cash, Assets – Amaechi by kaluchuks(m): 3:33pm On Sep 06, 2016
STFUand4kMeHARD:


Source:
http://www.vanguardngr.com/2016/09/looted-funds-fg-recovers-n3-4-trn-cash-assets-amaechi/
The kind thunder that will fire that ubima clown is still doing industrial training in daura

20 Likes 1 Share

Re: Looted Funds: FG Recovers N3.4 Trn Cash, Assets – Amaechi by Nobody: 3:33pm On Sep 06, 2016
on paper i guess grin

1 Like

Re: Looted Funds: FG Recovers N3.4 Trn Cash, Assets – Amaechi by Nobody: 3:33pm On Sep 06, 2016
shocked

3 Likes

Re: Looted Funds: FG Recovers N3.4 Trn Cash, Assets – Amaechi by sportskid(m): 3:34pm On Sep 06, 2016
Rotimi Amaechi is The Worst Liar in The History Of Worst Liars. With Him by PMBs side This Government is sure to fail.

8 Likes 1 Share

Re: Looted Funds: FG Recovers N3.4 Trn Cash, Assets – Amaechi by Menakay(m): 3:34pm On Sep 06, 2016

1 Like

Re: Looted Funds: FG Recovers N3.4 Trn Cash, Assets – Amaechi by segebase(m): 3:34pm On Sep 06, 2016
amechi is now lyin amechi

6 Likes

Re: Looted Funds: FG Recovers N3.4 Trn Cash, Assets – Amaechi by kings09(m): 3:35pm On Sep 06, 2016
They have come again oo...Deceit according to Amaechi's version

3 Likes

Re: Looted Funds: FG Recovers N3.4 Trn Cash, Assets – Amaechi by DMerciful(m): 3:35pm On Sep 06, 2016
Haven't you guys noticed that Bubu's apostles take turn is spreading and keeping the propaganda going! First it was Lia Mohd, once everybody confimed he tell lies and no longer took him serious, they sent Hell Rufai. After Hell Rufai, they sent Oshiom-Ole. After Oshiom-Ole, they are now sending Amaechi! Is thief Amaechi the minister of finance? or he is in-charge of money recovery?Maaaaaad people grin

16 Likes 2 Shares

Re: Looted Funds: FG Recovers N3.4 Trn Cash, Assets – Amaechi by Olateef(m): 3:35pm On Sep 06, 2016
kaluchuks:

The kind thunder that will fire that ubima clown is still doing industrial training in daura

9 Likes 1 Share

Re: Looted Funds: FG Recovers N3.4 Trn Cash, Assets – Amaechi by Icecomrade: 3:35pm On Sep 06, 2016

Only if Amaechi had returned his own loot without sponsoring APC election, the Money would have been over 5.4 Trn now.

Kettle calling pot black

God help us.

7 Likes

Re: Looted Funds: FG Recovers N3.4 Trn Cash, Assets – Amaechi by josite: 3:35pm On Sep 06, 2016
buhari was warned ,he didnt listen,amechis and co in his cabinet,talking about corruption shows nigeria's corruption war is a mockery.we advise buari to compensate amechi and his sponspors with contracts/oil blocks but not political appointment.to make matters worse his wife goes on to visit the doyen of corruption in nigeria,ibb.how will any sane person takes buari anti corruption fight serious.

8 Likes

Re: Looted Funds: FG Recovers N3.4 Trn Cash, Assets – Amaechi by sweerychick(f): 3:35pm On Sep 06, 2016
I don't believe this news, because if the government actually recovered that amount of money their should be published facts and figures.

1 Like

(1) (2) (3) (Reply)

Chukwuemeka Odumegwu Ojukwu's 86th Posthumous Birthday / DPR Disowns Bashir Ahmad Appointment Letter, Says It's Fake / Ogun State Deputy Governor In Alleged Sex Scandal.

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 24
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.