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AGF says FG recovered N15B, $10.5M from looters in 2016

Gbenga Bada

January 26, 2017 8:29 PM

The AGF, Abubakar Malami said the FG recovered N15billion and $10million from looters as at the end of 2016.

Abubakar Malami

The Attorney General of the Federation and minister of Justice,

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Malami made this known on Thursday, January 26, 2017 while speaking with the Senate Committee on judiciary, human rights and legal matters.

The Attorney General further said that with the Anti-Corruption Campaign and Recovery of stolen National Assets which the President Buhari-led government have embarked on, the FG has recovered so much in such a short time.

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.

ALSO READ: FG doesn't know exact amount of money corrupt officials looted- AGF

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.