PMB Names Looters Of Public Funds May 29

In fulfilment of his promise, President
Muhammadu Buhari will on Sunday, May
29, 2016 being his first anniversary in office,
reveal the names of persons who voluntarily
returned public funds looted by them and as
well mention the total amount recovered so
far.
Buhari disclosed his intention yesterday in
London during an interview monitored on
Channels Television after attending a four-
day international summit on anti-corruption
hosted by the British government.
“So far, what has come out, what has been
recovered, in whatever currency, from which
ministry, department and individuals, I
intend on the 29th to speak on this because
all that Nigerians are getting to know are
from the newspapers, radio and television.
We want to make a comprehensive report by
May 29,” Buhari said.
LEADERSHIP Weekend recall that the
President had on Friday, December 11, 2015
promised to reveal the names of former
government officials who have voluntarily
returned looted funds to the coffers of the
Federal Government in “due course,” adding
then that early disclosure of their identities
“may jeopardize the possibility of bigger
recoveries.”
President Buhari, who was then spraking at
the 2015 edition of the annual Anyiam-
Osigwe Foundation Lecture in Lagos, had
said that “in due course, the Central Bank of
Nigeria will make information available to
the public on the surrendered funds.”
He said his government owes Nigerians
adequate information on recovery of looted
funds, explaining that it is part of the
collective effort to change the country from
the “bastion of corruption it currently is, to a
place of probity and transparency”.
The fulfilment of the President’s promise is
seen by analysts as lending credence to the
ongoing anti-corruption fight and will send
fears down the spines of public officials.
Buhari had on Thursday in London also
pledged that in furtherance of his
administration’s effort against corruption,
Nigeria will soon begin the full
implementation of the principles of the Open
Contracting Data Standard.