President Buhari says names of looters will be published soon

Saturday, December 12, 2015

President Buhari says names of looters will be published soon

President Buhari yesterday said that his adminstration will soon publish names of those who have returned portions of their loot. 

President Buhari, according to Vanguard said that the Central Bank of Nigeria will soon publicly release the names of those who looted the country's treasury and have returned parts of their loot.

He said the Central Bank of Nigeria (CBN) hasn't published the list yet because they don't want to jeopardize investigations and further recoveries.

At the 15th session of the Anyiam-Osigwe Foundation lecture at the International Conference Centre, in Abuja yesterday, the president said:

“We have taken steps towards recovering a reasonable amount of the money that was looted or misappropriated from public coffers. Investigations are ongoing on public officers who served, or are still serving, and those whose conduct are questionable will be compelled to accept the path of honour and surrender their loot,” he said. “As I stated recently, a good number of people who abused their positions are voluntarily returning the illicit funds.

"I have heard it said that we should disclose the names of the people, and the amount returned. Yes, in due course, the Central Bank of Nigeria will make information available to the public on the surrendered funds, but I must remark that it is yet early days, and any disclosure now may jeopardize the possibility of bigger recoveries. “But we owe Nigerians adequate information, and it shall come in due course.