$1bn Looted Funds Recovered By Buhari Administration-Malami

Nigeria's Minister for Justice and Attorney-General of the Federation, Abubakar Malami, SAN

The Attorney-General and Minister of Justice, Abubakar Malami, has said that the Buhari Administration has so far recovered about $1 billion looted funds from 2015 to 2022.

Speaking to State House Correspondent after the week’s Federal Executive Council meeting on Wednesday, Malami said the recovered assets were allocated to various sectors of the economy including poverty alleviation.

“Between 2015 to 2022, our administration has recovered about $1 billion looted funds from different quarters’, he said.

The minister also expressed the government’s concern over cases of budget padding, which he described as worrisome.

He said all necessary measures would be explored to address the abnormally.


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