The Federal Government made cash recoveries totaling N78,325,354,631.82 (Seventy eight billion, three hundred and twenty-five million, three hundred and fifty-four thousand, six hundred and thirty one Naira and eighty two kobo); $185,119,584.61 (One hundred and eight five million, one hundred and nineteen thousand, five hundred and eighty four US dollars, sixty one cents); 3,508,355.46 Pounds Sterling (Three million, five hundred and eight thousand, three hundred and fifty-five Pounds and 46 Pence) and 11, 250 Euros (Eleven thousand, two hundred and fifty Euros) from 29 May 2015 to 25 May 2016.

In a statement in Lagos on Saturday, the Minister of Information and Culture, Alhaji Lai Mohammed, also disclosed that Recoveries Under Interim Forfeiture (cash and assets) during the period totaled N126,563,481,095.43 (One hundred and twenty six billion, five hundred and sixty three million, four hundred and eighty one thousand, and ninety five Naira, forty three Kobo; $9,090,243,920.15 (Nine billion, ninety million, two hundred and forty three thousand, nine hundred and twenty Dollars, fifteen cents; 2,484,447.55 Pounds Sterling (Two million, four hundred and eighty four thousand, four hundred and forty seven Pounds, fifty five Pence) and 303,399.17 Euros (Three hundred and three thousand, three hundred and ninety-nine Euros, 17 cents ).

According to the statement, which is based on the interim report on the financial and assets recoveries made by the various government agencies from 29 May 2015 to 25 May 2016, the Funds Awaiting Return From Foreign Jurisdictions total $321,316,726.1 (Three hundred and twenty one million, three hundred and sixteen thousand, seven hundred and twenty six Dollars, one cent); 6,900,000 Pounds (Six million, nine hundred thousand Pounds) and 11,826.11 Euros (Eleven thousand, eight hundred and twenty six Euros, 11 cents).

It showed that Non-Cash Recoveries (Farmlands, Plots of Land, Uncompleted Buildings, Completed Buildings, Vehicles and Maritime Vessels) during the period total 239.

The following is the breakdown of the recovered cash and assets:

via
http://9japikinblog..co.ke/2016/06/fg-releases-interim-report-on-financial.html?m=1

space booked... brb

Chisos see money



wayo man

jemmanuel258:
space booked... brb

it was stated that they won't be revealing the looters

sunnydayasaba:
Where is d names of looters as promised. #showusthenames

.

Where is d names of looters as promised. #showusthenames

And this definitely represents a very minute fraction of stolen funds in the last administration alone. And that was the Administration some imbecilic beings wanted us to continue with. The Administration that wrecked the economy and elevated looting to the highest level.

Just in a year. PMB has recovered hundreds of billions of naira in stolen funds. We can only imagine how much he will have recovered in three years time. Surely, no hiding place for looters anymore.

IPOB touts and ND Avenging terrorists and their sympathizers should just shut their stinking dirty mouth in the course of rebuilding Nigeria. They lack moral standing to criticize APC and PMB.

May God protect Buhari and see him through the task of repositioning Nigeria on the right path of honor, hard-work and integrity.

Shame on PDP really.!

.

For those who support criminals with sentiments, you don see am? Those who support leaders whose policy is free stealing for all u see am? 78billion

food don ready..

Lala,lala, Where this man dey always dey go self

sunnydayasaba:
Where is d names of looters as promised. #showusthenames

In as much as naming names is important, it may prevent further easy recovery. So, we shouldn't really mind if no names yet.

argon500:
food don ready..
Lala,lala, Where this man dey always dey go self

e go pluck mango

sunnydayasaba:
Where is d names of looters as promised. #showusthenames

. Appreciate the one you see now oga.