Minister of Information and Culture, Alhaji Lai Mohammed disclosed this in a statement issued in Lagos yesterday.
Alhaji Mohammed said the looted funds, did not include the $9.2 million in cash allegedly owned by a former Group Managing Director of the NNPC, Andrew Yakubu also said to be recovered through a whistle-blower.
He said the funds “were recovered from just three sources through whistle-blowers who gave actionable information to the office of the Minister of Justice and Attorney-General of the Federation.”
According to the statement, the biggest amount of $136,676,600.51 was recovered from an account in a commercial bank, where the money was kept under a fake account name, followed by N7billion and $15 million and another N1billion from different persons.
The Minister reminded Nigerians of the financial reward aspect of the policy, saying “If there is a voluntary return of stolen or concealed public funds or assets on the account of the information provided, the whistle blower may be entitled to anywhere between 2.5% (Minimum) and 5.0% (Maximum) of the total amount recovered.”
From dailytrust
*They keep telling us how much they have recovered but Nigeria is still in Recession!
Lai!!
Stella, you just spoke my mind. I am tired of hearing the same story over and over again.
ReplyDeleteImmediately I opened and saw Lia Mohammed, I just hiss
DeleteMy sentiments exactly, with all these huge sums, nigeria is still broke, like theres something in the govt positions that makes anybody that gets there corrupt.
ReplyDeleteGod help us
Yuo si diss kontree koll Naigeria, deriss no kontree laik diss.
ReplyDeleteEni-man whu kan sorfife the hardsheep in diss kontree kan sorfife hardsheep eni-wer indeh wall, efin in ell.
Well done Whistlers!
ReplyDeleteCan't get over that "small big" house with all that money!
And Oga put air conditioners to be cooling the money. The image is still with me. And I keep wondering how many more of these houses are scattered all over the country.
And how many of these houses Diezibaby has.
#WehdoneWhistlers
"Voluntary Return"?
ReplyDeleterubbish, hope they give the whistleblowers their percentage,they should abeg share the money before buhari comes bk
ReplyDeleteThey should put it into good use for the economy mbok
ReplyDeleteDear Stella,you're wrong and don't know how it woks. Money recovered are exhibits in courts and cannot be touched until the prosecution of the case. And thereafter,the money is returned to the federal account.
ReplyDeleteWhy do they categorical state it as being 'recovered'. For you to say someone 'stole'means all due processes have been followed and the case verified by the court. If not they should stop saying recovered looted funds when actually the court is yet to determine if actually the money was stole.
DeleteStolen*
DeleteHaba!am so tired of hearing how much una recover because all this money who epp.
ReplyDeleteAsin ehhee Stella!...
ReplyDeleteThese people think they are smart!...
See how they are trying to divert our attention out of their failures!...
I'm happy I don't believe all these their lies!...
Smh! All these money stolen by 3 people & I'm here "very wealthy"!
ReplyDelete... Jesus is my worth!