Looters Are Returning Stolen Funds – Buhari

Tue, Nov 24, 2015
By publisher
2 MIN READ

BREAKING NEWS, Politics

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SOME of those who looted the Nigeria’s treasury in the immediate past administration of President Goodluck Jonathan have started returning to returning stolen funds to the government.

President Muhammadu Buhari disclosed this at a forum with the Nigerian community in Tehran, Republic of Iran.

Buhari also explained while answering a question that those accused of corruption would have been prosecuted by now but for the need to thoroughly investigate them with a view to gathering evidences for their eventual trial.

He said that it had been easy for him as a military head of State in1985 to arrest and put those allegedly corrupt individuals in protective custody for them to prove their innocence, but the dictates of rule of law and due process had slowed him down in prosecuting corruption in this dispensation.

He said: “On corruption; yes, they are still innocent. But, we are collecting documents and some of them have started voluntarily returning something. But we want all. When we get those documents we will formally charge them to court and then we will tell Nigerians to know those who abused trust when they are entrusted with public funds. So, the day of reckoning is gradually approaching.”

Buhari similarly promised to deal with saboteurs in the nation’s power sector in order to bring back sanity and service delivery to the populace.

The president said he was yet to give any policy directive on the power sector before the improvement in service experienced in the past few months, adding: “I’m sure you know about the privatisation of the power sector, your old friends NEPA or Power Holding Company of Nigeria have been sold to a number of interest groups. But, the fundamental thing about us is that we have the potential in everything except performance.

“We have a lot of gas, we have a lot of qualified people but again we have a lot of saboteurs who go and blow installations. Those who normally steal Nigerian crude and those who blow up installations, whether they called themselves militants or whatever, they are still there.”

—  Nov 24, 2015 @ 18:00 GMT

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