$1b looted funds recovered since 2015 – FG

Factual Pursuit of Truth for Progress

The Federal Government says a total of $1 billion looted fund have been recovered from the inception of President Muhammadu Buhari’s administration in 2015 till date.

The Attorney General of the Federation, AGF, and Minister of Justice, Abubakar Malami, made this known on Wednesday while briefing State House correspondentsat the end of the weekly Federal Executive Council, FEC, meeting presided over by President Buhari at the Council Chamber, Presidential Villa, Abuja.

According to Malami, the recovered assets had been deployed to various sectors of the economy including poverty alleviation.

He announced the Council’s approval of the new Anti-corruption Strategy Document to strengthen anti-graft fight in the country.

The Minister also expressed government’s concern over cases of budget padding, describing it as worrisome, adding that every necessary measure would be explored to address it.


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