The presidency is happy to have recovered as much as $9 billion from treasury looters without going to court
– The federal government did not release the names of looters in order not to truncate the operation
– A top presidency source said what the country needs is the money and not the names
– According to the source, if the names are published those willing to return funds in their possession might not want to do so again
The presidency said the names of treasury looters were not published along with the recoveries made in order not to jeopardize the operation.
Vanguard reports that the federal government did not want to truncate the cooperation that was already being enjoyed in the drive to recover the looted funds from those willing to return funds in their possession.
According to the presidency, while some of those who returned money were not in any way guilty of any offence, publishing the names could deter those contemplating returning the ill-gotten funds in their possession.
A top presidency source, who spoke on condition of anonymity, said the President Muhammdu Buhari-led administration was happy to have recovered as much as $9 billion without going to court.
Sunday, 5 June 2016
Why FG didn't publish names of treasury looters
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