Everest Amaefule, Abuja

President Muhammadu Buhari has set up an inter-agency Presidential Committee on Asset Recovery as part of the efforts to strengthen the ongoing fight against corruption. The committee is headed by the Vice President, Prof. Yemi Osinbajo.

Minister of Information and Culture, Alhaji Lai Mohammed, disclosed this when he received the Special Representative of the United Nations Secretary-General for West Africa, Mr. Mohammed Ibn Chambas, in Abuja on Friday. This was contained in a statement issued by the Special Assistant to the Minister on Media, Mr. Segun Adeyemi.

The minister also called for the support of the UN in fighting corruption, which he said was as dangerous and devastating as the fight against insecurity.

“Just as you (UN) have supported us in the fight against insecurity in the North-East, we need your institutional, technical and diplomatic support in fighting corruption,’’ Mohammed said.

He disclosed that the PCAR, which was set up on the recommendation of the Presidential Advisory Council Against Corruption, would oversee the anti-corruption agenda and coordinate asset recovery process.

Mohammed said the PCAR was coordinating the collation and categorisation of recovered assets from 2015-2016; verifying the records and status of physical assets such as buildings recovered under previous administrations and setting up the Framework for Management of Recovered Stolen Asset to avoid re-looting and mismanagement of the assets as experienced in the past.

He said a register was created for recovered stolen assets and other government assets to avoid a situation where former or even serving public officers carry away government assets like vehicles, computers etc. sometimes in multiples.

The minister said the Federal Government was determined to recover all assets illicitly acquired by public officers and other politically exposed persons, hence new measures were underway to enhance recovery of illegally acquired assets and these would be announced from time to time.

To encourage whistle-blowers, he said, the government was also considering an incentive framework for those who provide useful information that lead to recovery of stolen or illegally concealed public assets, adding that the government was also soliciting the support of Nigerians in the Diaspora and international NGOs in the campaign for asset return from foreign governments.

Mohammed said Nigeria remained determined and focused in putting a stop to corruption, which according to him, is part of the reasons that Nigeria is suffering from economic recession.

http://punchng.com/buhari-sets-committee-recovery-looted-assets/

ooooo which kain wahala be dis na? which driver can make progress by constantly fixating on the rear-view mirror? me thinks buhari is doing this intentionally to deflect attention from the fact that his administration is very poor. he tries this deflection by mentioning bogus amounts that has been misappropriated by 'previous administration' to keep gullible Nigerians gasping in awe...but for how long baba? how long

ko le werk

I still don't get it

I think this is a very good move..........

Recovery of assets looted by the elites, to be further relooted by the elites, while the poor masses unfortunately sheers on.

Opiletool:
Recovery of assets looted by the elites, to be further relooted by the elites, while the poor masses unfortunately sheers on.

Let them recover it first

saintmark88:

Let them recover it first

What happened to the ones recovered earlier?

Obviously another committee to reloot because there is no impact of the recovered funds(TSA,ICPC,EFCC,anti corruption fight etc)in any aspect of our national life.Rather corruption is highly increasing.Thus,the trend now is like this;corruption,reversed corruption,recovered loots,relooted loots,"Abacha never stool"-"We're retrieving Abacha's loot".Everyday the vicious cycle continues to divert the mind of the helpless masses from the shortcomings of this useless,confused & corrupt government. Good governance is how you're able to impact positively on the life of the electorate on the basic necessities of life & not on a Phantom & lopsided anti-corruption fight.

Which assets again.....

+ Lagos House
+ Old toll gate
+ Federal Secretariat Lagos
+ Bar beach
Or which one

Opium of the zombie !

......and the confusion continue.
When buhari is short of ideas, lost and don't know what to do, he come up with '' loot recovery '' and this will be on his table for over 2weeks, when he is tired, he looks for a country to visit, by the time he is back, he goes into probing and loot recovery again. This is how it has been and it will continue this way .
Not even a single value has he added to the country since the inception of the administration, rather the country is on a speed lane of depreciation. The naira has become very worthless, you take 10k to market, it is as if it's 2k that you spend.

saintmark88:
I think this is a very good move..........

mitchew

So him never set the committee since


Is this man serious at all

What has he done with the ones recovered? I wonder how this man made it to Aso Rock.


Check my signature.

Confusion continua

These loots wey we dey see for newspaper don too much, dullard.

HAY MAN

ENOUGH OF CORRUPTION FIGHTING FIGHT RECESSION

Vote of confedence if you think his man is clueless LIKE... if he's doing the right thing SHARE...

Opiletool:


What happened to the ones recovered earlier?

answer that question.

I dont know why, but anytime I see a picture of Buhari all I think of is mediocrity, incompetence, and fanaticism.

I pity Nigeria
Committee that will be made up of criminals
.
All the money EFCC has been recovering
Where is the money ?
All the recovered Abacha loots.
Where is the money.
.
Let me better mind my own business tho

Opiletool:


What happened to the ones recovered earlier?

stashed in CBN,fallow with no use...

PhatBG:
What has he done with the ones recovered? I wonder how this man made it to Aso Rock.

You still dey wonder? E b like say u sleep through 2015 till now.

This is putting the cart before the horse.. .....As if we shld expect something sensible

anonymuz:
answer that question.

It was directed at someone else, I'm sure you could see that.

D ones wey dm don recover nko, weytn dm don use am do

I no dey understand dis ppl again

Very useless old man

For over 1year now una stil dey recover loot, 9ja which way

Dis is d main reason the dullard

#BuhariMustGo

A better way to slow down a process is to arrange a committee