Share this

The Federal Government on Thursday said
it has so far recovered a total of N15 billion and another $10.5
million US Dollar from looters.

Attorney General of the Federation (AGF) and
minister of Justice, Alhaji Abubakar Malami SAN stated when the Senate
Committee on judiciary, human rights and legal matters visited his
ministry during oversight functions.

The minister said that the broad policy objectives
of the FG was in four major priority areas, being the Anti-Corruption
Campaign, the Recovery of stolen National Assets, the Rule of Law
component of the Anti-Terrorism war and the institutionalization of law
and order in all aspects of national life.
He said that the total revenue profile of the
ministry as at 31st December , 2016 was N12, 405, 540:00 while the total
expenditure profile during the same period was N3, 672, 730, 661.
Chairman of the Senate Committee on judiciary,
human rights and legal matters, Senator David Umaru  mentioned that the
2016 budget ran into difficulties, hence the committee was preparing for
the current economic realities adding that the NASS was ready to work
with the FG and the ministry of justice to ensure that budget was
In his contribution,  Senator Utazi Chukwuka,
Chairman Senate Committee on Anti- corruption and financial crimes
lamented that Nigeria was yet to become a member of Financial Asset
Taskforce, Paris adding that past administrations were only able to
submit forms without moving further.
He commended the FG for the recovery of funds and
the revenue generation of N12.4 million but added that the minister did
not honor the invitation of the Senate Committee that was mandated to
look into the recent raids on Judges’ homes.
In his swift reaction, the minister apologized for
not attending the Senate session adding that he never got their
invitation. The minister added that he appeared before the House of
Representatives when he got their invitation on the same matter.
On Nigeria’s membership of the Financial Asset
Taskforce, Paris, the minister said that it was the NASS’s non passage
of certain laws such as the Money laundering Act that h

Source: Daily Trust

Leave a Reply

Your email address will not be published. Required fields are marked *