Stats: 3,188,881 members, 7,935,781 topics. Date: Friday, 30 August 2024 at 03:42 PM |
Nairaland Forum / Nairaland / General / Politics / Looted Funds: FG Recovers N3.4 Trn Cash, Assets – Amaechi (576 Views)
Looted Funds: FG Seeks Extradition Of 311 Powerful Nigerians / Whistle-blower: FG Recovers Another $151m, N8b Looted Funds / Looted Funds: FG Recovers N3.4 Trn Cash, Assets – Amaechi (2) (3) (4)
Looted Funds: FG Recovers N3.4 Trn Cash, Assets – Amaechi by Juve4(m): 12:08pm On Sep 06, 2016 |
By Favour Nnabugwu The Federal Government has so far recovered a whopping N3.4 trillion in cash and assets from looters in the country, the Minister of Transportation, Mr Rotimi Amaechi has said. Amaechi also said that the federal government discovered N115 billion looted cash and assets in the United States, United Arab Emirates and United Kingdom. The Minister made those disclosures in the United Kingdom while speaking at the 34th Cambridge University International Symposium on Economic Crime yesterday. “Our president has stopped at nothing to demonstrate that whosoever is caught in corruption related crimes will not be spared. In his days as military Head of State and through other positions he has held in public life, he has upheld a life of integrity. He is a typical example of how a leader can inspire committed followership through the force of example,” Amaechi stated. “As someone who has been in active politics for more than 30 years, I have learnt that many well-intended reforms are possible only if the leader can offer the requisite leadership and muster the right political will. Amaechi continued, “In my country, since our President, Muhammadu Buhari, was elected, he did not leave anyone in doubt that the fight against corruption will not only be taken seriously, but will form a cardinal plank of his policy direction.” He said further, “So far, he has made several pronouncements that set the tone of his commitment to strengthening anti-corruption agencies to go after anyone who has questions to answer.” “The president’s resolve was enough signal to all of us, members of his cabinet and the citizenry, that an end has come for the old ways of doing things. Currently, many people who have been indicted in one form of corrupt practice or another are being prosecuted in our courts. That, I believe is the way to show leadership and take responsibility.” “Another important factor is what I refer to as the force of example. There is very little any leader can achieve if he talks the right political talk without offering personal examples. In these days of internet and social media revolution, citizens often spend time to scrutinize the reputation and activities of any leader to find out if they are consistent with what he or she stands for in the media. Essentially leaders must practice what they preach if they expect to be taken seriously both by those within their organisations, state or country or outside,” he added. “They should be held accountable. Leadership is expected to do three simple things, perhaps four: upholding the primacy of leadership and political will, insisting on the force of example, enforcing the urgency of incentives and the necessity of sanctions and finally by leveraging on the power of partnership,” he said. Read more at: http://www.vanguardngr.com/2016/09/looted-funds-fg-recovers-n3-4-trn-cash-assets-amaechi/
|
Re: Looted Funds: FG Recovers N3.4 Trn Cash, Assets – Amaechi by Eunetmoi(f): 12:22pm On Sep 06, 2016 |
How further do we trust dis administration? Even hailers are beginning 2 turn wailers. #Confused Meanwhile, it's been long since I last heard anything abt Olajumoke Orisaguna |
Re: Looted Funds: FG Recovers N3.4 Trn Cash, Assets – Amaechi by jesse8048(m): 2:43pm On Sep 06, 2016 |
This APC govt should please stop all recovery news cos it's already getting stale. You recovered N4 trillion, u saved N8 billion from ghost workers, u save N2 trillion from TSA. Yet you're still planning on borrowing. Salaries not paid. Use the damn money to save the economy if truly there's money recovered or saved. |
Re: Looted Funds: FG Recovers N3.4 Trn Cash, Assets – Amaechi by Nobody: 2:47pm On Sep 06, 2016 |
Hopeless situation we have found ourselves ![]() |
(1) (Reply)
#CongratsOnofiok Breaks The Internet As Onofiok Luke Wins! (photo) / Why Ekiti Had 10 Govs In 20 Years — Fayose / This Is What APC Meant When They Shouted Change?
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 11 |