Buhari To Trace Looted Funds To UK, Switzerland

The Federal Government has started tracing looted Nigerian to foreign nations with the aim of recovering and repatriating them.

The Federal Government specifically targets the United States, the United Kingdom, France, Switzerland and other European jurisdictions where it believes corrupt officials have been stashing public funds.

Some of the countries where looted funds from have been kept in the past include Liechtenstein, Luxembourg, Switzerland, the United Kingdom and the United States. Others are France, Germany, British Virgin Islands and other tax havens spread across the globe.

Adesina, who confirmed the move in an exclusive interview with Saturday PUNCH on Thursday, said, the search for the looted funds will not be limited to these countries but anywhere in the world where they may be hidden.

Curated From: The Punch

This is another welcomed development from the -led Federal Government.

At the moment, Nigeria is broke. And with the revelation few days ago that the present administration inherited an empty treasury, recovering the funds stolen from past leaders has been a necessity.

If the can pull this off, then he is on way to being one of the best leaders to have ruled the nation.

Do you have a contrary view? Make your voice heard.



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